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Industry
June 18, 2024
Auckland Problem Gambler Loses High Court Appeal Over Theft
Across the globe, gambling addiction often falls in treatment categories with other serious addictions such as ones to alcohol or drugs. Excessive gambling and chasing losses often push people into unlawful activities with the list including tax fraud, scams or in serious cases even violent crimes or robberies. In one case, a gambling addict from […]
Industry
June 18, 2024
PAGCOM Could Replace PAGCOR as Philippines Consider Revived Bill
A new bill could replace the Philippine Amusement and Gaming Corporation (PAGCOR) with a new regulatory body as lawmakers seek to reform the Asian country’s gambling sector. The PAGCOR, for context, is a 100% government-owned entity that is currently in charge of regulating gambling. House Bill 3559, which was introduced in August 2022, seeks to […]
Industry
June 18, 2024
NSW Government Commits Additional AU$10M to Minimize Gambling Harm
Although it is identified as a public health issue, gambling is widely spread across Australia. Seeing this problem on a local and national level, lawmakers in the country engaged in an overhaul of the market. Efforts from state to state differ but their primary objective is unified, namely, reducing gambling harm and problem gambling. On […]
Industry
June 17, 2024
New Zealand: Bank Teller Steals from Customers to Fuel Gambling Addiction
Gambling addiction can often lead to dire consequences, especially for people who have easy access to money. This is precisely the case of a former bank teller who faces nearly ten charges after allegedly stealing money from elderly and people with health issues to fuel her gambling addiction. The criminal case involves a woman from […]
Industry
June 17, 2024
Mavericks Owners with Las Vegas Sands Ties Plan New Arena in Dallas
Efforts toward casino gambling and sports betting in Texas have been ongoing for years. Despite debates and support from some lawmakers, the opposition remains strong in the state that is controlled by Republicans. Yet, earlier this year, a survey uncovered that a majority of Texans favor destination resort casino legislation. Conducted by the Texas Hispanic […]
Industry
June 14, 2024
Genting Is Still Considering NYSE or Nasdaq NY Listing
Genting Malaysia, a casino & hospitality giant, is still considering going public in New York. As a result, the company’s shares could potentially appear on the Nasdaq or New York Stock Exchange (NYSE). The matter was once again discussed at the recent annual meeting where Tan Kong Han, the casino giant’s president and chief operating […]
Industry
June 14, 2024
Indonesia Looking to Stop Illegal Gambling Following Disturbing Murders
As a result of a disturbingly large number of gruesome murder cases allegedly connected to online gambling in the last few months, Indonesia has announced it would increase its efforts to put an end to illegal gambling. The reported deaths were reflective of the challenges that anti-gambling enforcement is currently facing in the country. President […]
Industry
June 14, 2024
NSW Government Considers Increasing the Betting Tax
The government of New South Wales is considering a tax increase of 5%, according to The Sydney Morning Herald. Under this proposal, filed by industry powerhouse Tabcorp, the tax on all bets would be increased from 15% to 20%. This would align NSW’s point of consumption tax (POCT) with that of Queensland. Analysts believe that […]
Industry
June 14, 2024
Crystal Palace’s Gambling Deal with Net88 Attracts Scrutiny
Crystal Palace FC’s recent gambling sponsorship doesn’t sit well with all fans. Set to run until the summer of 2026, the record two-year deal will see Net88’s logo appear on the club’s jerseys. As agreed, Net88’s logo will be added to the front of the soccer team’s Premier League shirts. The deal will continue until […]
Industry
June 14, 2024
Concerns over Harm and Lost Tax Revenue Mount in Missouri
Currently, Missouri offers limited gambling activities. iGaming and sports betting are illegal, while visitors and residents can only gamble legally via the 13 casinos across the state. Yet, a type of gambling device called “no-chance,” or “pre-reveal” machine is widely spread in Missouri and they so far operate in a grey area. The machines can […]
