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Industry News and Headlines
Industry
March 22, 2024
DraftKings Provides Treatment to Online Players in 25 States
DraftKings announced an expansion of its partnership with Kindbridge Behavioral Health, an organization specializing in problem gambling treatment. Under the deal, the latter firm will offer therapy and treatment in every jurisdiction where DraftKings’ online sports betting and iGaming products are available. The expansion of DraftKings’ relationship with Kindbridge comes less than a year since […]

Industry
March 22, 2024
Florida’s Supreme Court Rejects Online Sports Betting Case
A gaming compact signed between Florida and the Seminole Tribe has been subject to a legal dispute for years. The legal battle is led by West Flagler and Associates (WFA) along with Bonita-Fort Myers Corporation, two pari-mutuel companies in the state. The duo challenged the legality of the compact that allowed the Seminole Tribe to […]

Industry
March 22, 2024
India’s MIB Issues Advisory Against Online Betting Promotions
India’s Ministry of Information and Broadcasting (MIB) has issued a stern advisory urging social media influencers and endorsers to abstain from promoting or endorsing offshore online betting and gambling platforms. The advisory highlights the potential financial and socio-economic ramifications associated with online betting and gambling, particularly among the youth demographic. MIB Issues Warning to Social […]

Industry
March 22, 2024
Clark County Releases Debriefing Report on Las Vegas Grand Prix
Clark County staff has compiled a comprehensive debriefing report on the Formula One race held on 18 November, shedding light on the event’s economic impact that brought significant financial gains for some while causing hardships for many small businesses along the Strip. The results should provide valuable takeaways for future races, helping reduce costs and […]

Industry
March 22, 2024
New Study Suggests Online Gaming Boosts Brick-and-Mortar Casinos
A recent study commissioned by the Sports Betting Alliance (SBA) has shed light on the symbiotic relationship between online and traditional casinos, challenging conventional notions that digital platforms undermine physical establishments. Analysis Group Study Reveals Surprising Growth in Brick-and-Mortar Revenue Amid Legal iGaming Expansion Conducted by the Analysis Group, the study delved into the impact […]

Industry
March 21, 2024
Peru Records Massive Number of Online License Applicants
Following Peru’s decision to enforce Law No. 31557 which regulates online gaming and sports betting operations on February 9, the country has recorded a large number of applications from companies eager to get their hands on one of the available licenses. Namely, Peru has received no less than 145 license applications for online gambling in […]

Industry
March 21, 2024
Problem Gamblers Are Twice as Likely to Lose Their Tenancy, Study Says
Aston University’s Centre for Personal Financial Wellbeing has concluded a two-year study of the effect of problem gambling on tenancy security. The work highlights the potential dangers of problem gambling and how it exposes people to the risk of losing their homes. This first-of-its-kind study was done in collaboration with the Birmingham City Council (BCC) […]

Industry
March 21, 2024
Bill in DC Seeks to Make the Betting Industry More Competitive
In 2019, the District of Columbia (D.C.) selected the Greek company, Intralot, to develop and operate mobile betting in the city. As a result, GambetDC, a mobile betting application was launched for residents in the state in 2020, offering legal wagering on sports. Over the years, complaints against GambetDC kept mounting with reported technical glitches […]

Industry
March 21, 2024
Hidden Dangers: Parents Unaware of Teens’ Online Gambling
A recent report from The C.S. Mott Children’s Hospital National Poll on Children’s Health sheds light on a concerning trend: most parents are in the dark about whether their children are engaging in online gambling activities. While operators officially have age restrictions, cunning and tech-savvy youth usually have little difficulty creating accounts, leading to cases […]

Industry
March 20, 2024
Former Gambling Addict Joined Aquarius to Help Others
Sam Perry, 33, started betting in 2018 and lost tens of thousands of pounds in two years. Luckily, he eventually mustered up the courage to seek help. The British man lost £60,000 to gambling but rediscovered himself and is now helping others overcome their addiction. In an interview with PA Real Stories, Perry reminisced about […]
