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Industry
April 19, 2024
Brazil Rejects Betting Bonuses as Regulatory Policymaking Continues
Brazil’s new regulatory framework would prohibit gambling incentives, such as bonuses and free bets. The new rule is outlined in the new guidelines, published by Brazil’s Ministry of Finance through its Secretariat of Prizes and Betting (SPA). In addition to prohibiting certain payment methods, such as cryptocurrencies, cash and credit cards, the new framework makes […]
Industry
April 19, 2024
Delaware Sports Betting and iGaming Surge in March
March proved to be a momentous month for Delaware’s gambling industry, with consumer spending on sports betting skyrocketing by an astonishing 440.0% year-on-year, reaching $18.9 million. This remarkable surge significantly surpassed the $3.5 million spent in March of the previous year and marked a substantial 37.0% increase from February’s handle of $13.8 million. Sports Wagering […]
Industry
April 19, 2024
Mafia Gambling Ringleader Pleads Guilty in New York City
An alleged associate of the Genovese organized crime family of La Cosa Nostra pleaded guilty to running an illegal gambling operation generating proceeds for the crime family earlier this week. The criminal case involved Salvatore Rubino, nicknamed “Sal the Shoemaker,” who collaborated with other members of the family and operated an illegal gambling ring from […]
Industry
April 19, 2024
Cultural Transformation Efforts Differ between Star and Crown
Amid the ongoing second inquiry into the license suitability for the Star Sydney, an expert in cultural transformation spoke about the challenges encountered during the attempted transformation of the casino’s parent company, Star Entertainment Group. The company faced legal scrutiny after investigations uncovered alleged deficiencies and breaches of the gambling regulations. Similarly, Crown Resorts, a […]
Industry
April 19, 2024
AGCO Tells Operators to Cease WBA Betting Amid Integrity Issues
The Alcohol and Gaming Commission of Ontario (AGCO) announced that all licensed sports betting operators in the Canadian province should stop offering and accepting wagers on World Boxing Association (WBA) games, effective immediately. The measure comes amid integrity concerns following a comprehensive review of WBA-related wagering activity. The regulator explained that it has been conducting […]
Industry
April 19, 2024
Brazil Government Implements Stricter Payment Rules for Online Betting
In a move to tighten regulations surrounding online betting, Brazil’s Ministry of Finance, through its Secretariat of Prizes and Betting, has announced new guidelines for payment transactions in online betting. The regulation prohibits several payment methods, including cash, credit cards, bank slips, and cryptocurrencies. New Decree in Brazil Mandates Electronic Payments for Online Bets According […]
Industry
April 18, 2024
Betting Disputes Go Up as Gambling Addicts Seek Legal Help
Ellis Jones Solicitors, a legal company formed seven years ago in the south-east of the UK says its betting disputes department has recouped £6 million ($7.48 million) since it first opened its doors to the clients. The firm’s evolution comes to prove the increasing gambling addiction problems in the industry as well as the ongoing […]
Industry
April 18, 2024
Chinese Embassy Backs the Philippines’ Crackdown on Offshore Gambling
The Chinese Embassy in Manila has voiced its support for the Philippines’ endeavors to tackle issues associated with offshore gambling operations. This statement comes in the wake of recent arrests of Chinese nationals linked to Philippine Offshore Gaming Operators (POGO), involving possession of high-powered firearms and attempted bribery. Illegal Gambling Remains a Pressing Concern The […]
Industry
April 18, 2024
Pennsylvania Gambling Revenue Surges to Record High in March
March 2024 witnessed a historic milestone for Pennsylvania’s gambling industry as it reached an all-time monthly high in combined total revenue, according to the Pennsylvania Gaming Control Board (PGCB). The staggering revenue figure of $554,625,294 eclipsed the previous record set in December 2023, marking a significant leap forward for the state’s gaming sector. iGaming Remains […]
Industry
April 18, 2024
JACK Entertainment Opposes Online Gambling Legalization in Ohio
Unlike sports betting, which is legal in the majority of the US states, online gambling activities are legal in only seven states. The list where iGaming is legal includes major markets, such as Pennsylvania, Michigan and West Virginia. The three aforementioned states border Ohio, where efforts toward the legalization of online gambling activities have reignited […]
