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Industry
October 9, 2024
Regional Specifics: What Must Businesses Know Before Launching an iGaming Website in 2024?
According to Statista, the global iGaming market will grow to $184 billion by 2032. In 2024 revenue is expected to be US$107.30 billion. The iGaming market includes sports betting and online casino games including various online lotto games. The online casino industry in 2024 expects profits of 38.96 billion US dollars. At a compound annual […]
Industry
October 9, 2024
Brazilian Lawmakers Prepare an Inquiry into Links Between iGaming and Crime
The Brazilian Senate announced its plans to launch an inquiry into online gambling in order to address crime-related concerns. The inquiry will be led by a parliamentary commission of 18 members who will have 130 days to complete it. Senator Thronicke Asked Lawmakers to Not Turn a Blind Eye to the Problem The inquiry comes […]
Industry
October 9, 2024
Public Hearings in Thailand Yield 45 Key Suggestions for IR Bill
Integrated resorts (IRs), offering luxury accommodation, entertainment, shopping and gambling amenities enjoy a growing popularity across the globe. Despite the strict regulations regarding casino gambling across Asia, IRs are identified as a popular form of business that can boost tourism and generate additional tax revenue. FPO Completes Public Hearings on Integrated Resort Proposal Thailand is […]
Industry
October 9, 2024
Inaugural SPGA Briefing Shares Insights Regarding Social Sweepstakes Games
Early last month, eleven sweepstakes operators joined forces to form a new body that will focus on promoting responsible sweepstakes gaming, communicating with stakeholders and advocating for responsible operation of social and promotional games called the Social and Promotional Gaming Association (SPGA). Millions of Americans Enjoy Sweepstakes On Wednesday, the newly formed association held its […]
Industry
October 8, 2024
PlayFame Onboards Amouranth to Revolutionize Online Entertainment
PlayFame, a new entertainment platform, is preparing to redefine online entertainment. Backed by none other than Amouranth, the platform promises unique social casino experiences. Amouranth Joins the Fray PlayFame has secured a strong lineup of streamers who will stream its games. As mentioned, the platform has entered into a partnership with streamer and model Amouranth […]
Industry
October 8, 2024
Man Arrested for Allegedly Selling Baby, Using Money for Gambling
Problem gambling can push many people into a range of different crimes. From fraud to acts of violence such as robberies or shootings, gamblers can go to great lengths to fuel their addiction. In some cases, unthinkable crimes are uncovered, and this is precisely what happened in Jakarta, Indonesia. The Infant Was Sold for 15 […]
Industry
October 8, 2024
Macau Records 1.1M Visitors During Golden Week
Macau authorities announced that it approximately 1.1 million people have visited the special administrative region during the National Day holiday period known as Golden Week. This figure exceeded the projected target of 130,000 daily arrivals. Visitation Increased Dramatically The period between September 29 and October 6 saw a daily average of 138,000 visitors and is […]
Industry
October 8, 2024
Proposition JJ Seeks to Retain Extra Betting Tax Revenue in Colorado
A proposal that will appear on the ballot in November will try to keep excess tax proceeds from sports betting in Colorado and use them to fund different water projects. The Proposal Will Appear on the Ballot in Colorado Next Month This is the purpose of Proposition JJ, under which Colorado voters will be asked […]
Industry
October 7, 2024
European Commission Publishes Digital Fairness Fitness Check Findings
The European Commission has published the findings of its Digital Fairness Fitness Check, which probed into the current EU consumer protection laws to see if they are fit to protect consumers from harm. The commission learned that online companies have been unfairly influencing customers by various suspicious tactics. Improvements Are Needed The Fitness Check covered […]
Industry
October 7, 2024
CyberHorizon Slapped with Fine by GSC for AML, CTF Failures
The Isle of Man Gambling Supervision Commission (GSC), which is responsible for regulating most forms of gambling in its territory including land-based and online gambling services, has levied a £140,000 ($184,000) fine on CyberHorizon Limited. Multiple AML and CTF Violations The fine came as a result of the commission uncovering multiple violations of anti-money laundering […]
