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Industry
May 17, 2024
IAC Chairman Barry Diller Secures Full Nevada Gaming License
Late last month, the Nevada Gaming Control Board (NGCB), recommended Barry Diller, the media mogul with an estimated net worth of approximately $4.1 billion according to Forbes, to receive an unlimited gaming license as a board member of the leading gaming and hospitality company, MGM Resorts International. Now, the Nevada Gaming Commission (NGC) approved the […]
Industry
May 17, 2024
Trustly Enhances US Gaming License Process with OneComply Integration
Trustly, a prominent player in Open Banking Payments, has recently signed a strategic partnership with OneComply, a division of GeoComply. The collaboration aims to optimize Trustly’s gaming license procedures in the US market by introducing an automated and centralized solution, which will simplify the complex licensing process. OneComply’s Solution Eases Regulatory Burdens for Operators OneComply’s […]
Industry
May 17, 2024
Man Wanted for Extortion in Stolen $3M Lottery Ticket Case
Police in Massachusetts are now searching for a man, suspected of being involved in a lottery fraud case. The incident involves a couple of convenience store workers and dates back to January last year. On January 17, 2023, a visitor of the convenience store purchased lottery tickets and potato chips. However, upon leaving the venue, […]
Industry
May 16, 2024
BGC Welcomes DCMS’ Proposed Casino Modernization Measures
Britain’s Betting and Gaming Council (BGC) commented on the recent casino modernization proposals by the Department for Culture, Media and Sport (DCMS), praising the efforts to align the UK casino regulations with the modern age. For context, the DCMS outlined a number of “modest but mission-critical” modernization measures in its white paper consultation response. The […]
Industry
May 16, 2024
AGA: Q1 2024 Was the Industry’s 13th Consecutive Quarter of Growth
The American Gaming Association has published its latest Commercial Gaming Revenue Tracker report, highlighting the performance of the US industry. The commercial gaming revenue in the US continued to gain traction, reaching a new quarterly record of $17.67 billion in Q1 2024. This period was notably the industry’s 13th consecutive quarter of growth. The AGA […]
Industry
May 16, 2024
DCMS Official Discusses the Fight Against Gambling Black Market
In a recent address at the Westminster Media Forum, Ben Dean, director for Sport and Gambling at the Department of Culture, Media and Sport (DCMS), highlighted the persistent challenges in combating the black market for gambling. He likened the efforts to a game of “whack-a-mole,” emphasizing the difficulty of keeping up with unlicensed companies that […]
Industry
May 16, 2024
UK Updates Gambling Venue Regulations Amid Online Sector Boom
The UK government is preparing to introduce a series of liberalizing measures for gambling venues such as casinos, bingo halls, and arcades, hoping to bolster land-based gambling establishments and keep pace with the rapidly expanding online betting and gaming sector. These updates coincide with the country’s ongoing white paper consultations, contributing to the nation’s long-awaited […]
Industry
May 16, 2024
MGC Publishes Q1 Sports Betting and Casino Report
The Massachusetts Gaming Commission has published information about the performance of the local gambling industry, highlighting a decline in taxable sports wagering revenue. Whereas the state’s eight mobile and three in-person sports betting licensees reported $58.9 million in revenue in April 2023, they now generated only $49.12 million. Despite an increase in player spending, the […]
Industry
May 16, 2024
Veikkaus Exec Predicts Finland Will Issue Licenses in September 2026
Currently, Finland’s gambling market operates under a monopoly model. This means that all gambling activities, including sports betting and iGaming, are offered by Veikkaus, the state-owned gambling operator. However, amid talks about a major restructuring of the sector, including a shift from gambling monopoly, the gambling industry is expected to look quite different in a […]
Industry
May 16, 2024
Massachusetts Problem Gambling Helpline Sees a Surge in Calls
The Massachusetts Problem Gambling Helpline experienced a significant surge in calls following the legalization of sports betting in the state last year. However, according to a public health official, a substantial portion of this increase was due to calls from bettors mistakenly seeking technical assistance for their preferred sports betting apps. Non-helpline Calls Emerged as […]
