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Industry
March 28, 2024
Sweden Bans Three Gambling Companies, Including Two Skins Betting Brands
Sweden’s gambling regulator, the Spelinspektionen, announced that it has taken action against three gambling operators. As announced, the authority has banned two companies that operated without a license and a company that, in addition to lacking the necessary license, actively promoted its content to Swedish audiences. According to the Spelinspektionen, two of the banned companies, […]
Industry
March 28, 2024
North Carolina Posts $200M in Handle in the First Week of Betting
The recent launch of online sports betting in North Carolina is proving to be a success. Statistics from the Tar Heel State show that almost $200 million has been wagered in the week following the launch. The preliminary online betting figures were disclosed by the North Carolina State Lottery Commission, which said that NC bettors […]
Industry
March 28, 2024
US Legal Sports Betting Sector Generates More than $5bn in Taxes
The expansion of sports betting across the United States started back in 2018. At the time, the US Supreme Court ruled the Professional and Amateur Sports Protection Act (PASPA), a law that restricted betting to only a few states, unconstitutional. Since then, for five years, the legalization of betting has been rapidly expanding across the […]
Industry
March 28, 2024
Macquarie Maintains Positive Stance on US Gambling Market
In a recent report, analysts at Macquarie Equity Research have expressed a sense of cautious optimism regarding consumer behavior in the US gambling market. Despite some challenges faced in January, the analysts noted a return to more stable behavior among consumers during February and March. Macquarie Offers Insights from 9th Annual Consumer Bright Ideas Conference […]
Industry
March 27, 2024
UKGC Mandates Quarterly Regulatory Returns from License Holders
The UK Gambling Commission (UKGC) has announced a significant amendment to license condition 15.3.1, mandating that all license holders submit regulatory returns quarterly. This decision follows the UKGC’s Autumn 2023 Consultation on proposed Licence Conditions and Codes of Practice (LCCP) changes and represents a positive step towards improved gambling harm prevention. A Quarterly Approach Has […]
Industry
March 27, 2024
Massive Police Operation Mobilizes 400 Officers in Montreal
The gambling industry is often targeted by different crimes, including robberies, fraud and money laundering. While the sector continuously invests in prevention, such crimes are not uncommon. This is the case for regulated gambling operators who can become victims, while in the illegal industry, anything goes. With that in mind, law enforcement, especially across North […]
Industry
March 27, 2024
Melbourne Accountant Jailed Over Fraudulent Transactions
A 38-year-old accountant from Melbourne has been sentenced to six years in prison over a total of 239 fraudulent transactions that involved several popular musicians and restaurateurs in Australia. Over $2 Million Transferred From Clients’ Accounts The accountant was a partner and business manager at White Sky when he started transferring money that should have […]
Industry
March 27, 2024
CAMH Believes Ontario Should Further Restrict Gambling Ads
Canada’s Centre for Addiction and Mental Health (CAMH) believes that the Ontario government should protect public health by restricting gambling ads. In its latest Gambling Policy Framework document, the organization suggested that the government should limit the availability of games of chance, introduce obligatory safeguards and bolster gambling harm education and prevention. As reported by […]
Industry
March 27, 2024
ANJ Takes Action against Operators’ Anti-Consumer Terms
The Autorité Nationale des Jeux, France’s gambling regulator, continues its fight against anti-consumer practices. In its later crackdown, the ANJ evaluated operators’ terms and conditions to make sure that they didn’t allow them to limit bets without a valid reason. For reference, operators are only allowed to limit player bets in order to prevent problem […]
Industry
March 27, 2024
Online Gambling Bill Picks up Speed in Maryland
Unlike sports betting which is available in nearly 40 US states, only several states currently offer legal online gambling activities. Considering such activities are conducted through the internet, many Americans already play slots, live dealer and other iGaming titles online but use the services of operators who hold licenses in jurisdictions outside of the US. […]
