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Industry
August 7, 2024
Surrey’s Bridge the Gap Program Receives £300K to Combat Gambling Harm
A new grant will support women affected by problem gambling in Surrey, the UK, playing a key role in their recovery and support. The £300,000 grant from the leading gambling harm prevention and treatment charity, GambleAware, will directly benefit Surrey County Council’s Bridge the Gap program. The grant will be used over the next two […]
Industry
August 7, 2024
Anti-gambling Groups in Australia Say No to NDA on Betting Reform Brief
Australia’s Labor government faced criticism and scrutiny amid reports about a partial gambling ads ban. Earlier this week, crossbenchers raised their concerns about the potential ineffectiveness of a partial gambling ads ban on TV, despite initial talks about a blanket ban on such ads. Local media reports suggested that Anthony Albanese’s government is exploring options […]
Industry
August 6, 2024
US Gambling Sector Must Adapt to Shifting Market Dynamics
A recent report by US consumer credit reporting agency TransUnion highlighted the explosive growth of the USA’s gambling sector but cautioned that shifting industry dynamics require a revised approach. Operators must effectively separate high-value from high-risk bettors and keep the current pace of innovations to maintain sustained growth. Changing Demographics Present New Challenges According to […]
Industry
August 6, 2024
Evolution Takes Firm Stance against Ongoing Protests in Georgia
Leading gaming and entertainment company Evolution, which employs over 8,000 people in Georgia, has found itself at the center of a labor dispute. Allegations of poor working conditions, harassment by management, and insufficient pay have prompted a series of strikes by the company’s employees, who demand marked improvements before they return to work. The Company […]
Industry
August 6, 2024
Maryland Casino Sector Records Slowdown as July Revenue Declines
Maryland’s six casinos have generated almost $170 million in revenue in July 2024, marking a slight year-on-year decline. By extension, this led to a slight decline in the industry’s contributions to the state. Maryland’s Six Casinos Recorded Slightly Lower Revenue Maryland has six legal commercial casinos that offer both table games and video lottery terminals […]
Industry
August 6, 2024
Australia: Labor under Scrutiny over Partial Gambling Ads Ban
Just like in the UK, Australia is also going through an overhaul of its gambling sector. An inquiry into the gambling industry which was completed last summer proposed a range of changes as a way to decrease problem gambling, protect vulnerable individuals and limit crimes related to the gambling industry such as money laundering. The […]
Industry
August 6, 2024
Stock Market Slump Jolts the Gambling Industry
The gaming industry was significantly impacted by Monday’s dramatic stock market slump, which saw the Dow Jones Industrial Average drop over 1,000 points, marking the market’s worst day since 2022. The Dow tumbled 2.6%, while the Nasdaq Composite plunged 576 points—equating to 3.4%. These rapid movements caused significant panic, but the situation looks to be […]
Industry
August 6, 2024
Brit Changed Name to Escape Gambling Past
A recovering gambling addict has embraced a new name in an effort to put his past of addictive gambling behind him. The 62-year-old spent most of his life struggling with gambling but is finally on the path to recovery. Jagger Struggled with Gambling Almost His Entire Life The elderly Brit, known as Mike Jagger, has […]
Industry
August 6, 2024
UNITE HERE Backs Harris Despite Trump’s Promise to Slash Tip Taxes
Donald Trump’s promise to make tips tax-free has not been enough to attract gaming and hospitality workers toward his cause. Members of UNITE HERE are doubtful that the former president would be able to deliver on his promise, should he get reelected. According to UNITE HERE’s president, Gwen Mills, Trump was simply making a play […]
Industry
August 6, 2024
Sen. Merkley Leads Group Calling for US Elections Gambling Ban
On May 10, the Commodity Futures Trading Commission (CFTC), which is charged with the regulation of the vast and complex derivatives markets, issued a Notice of Proposed Rulemaking in connection with event contracts. The rulemaking featured a prohibition on event contracts regarding the outcome of elections in the US. On Monday, Senator Jeff Merkley (D-OR) […]
