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Industry
February 20, 2024
Curaçao Minister of Finance: First Direct License Is in Line with the LBH
Curaçao’s Minister of Finance, Javier Silvania, defended the decision to provide Rhino Entertainment Group with the region’s first direct license amid LOK-related concerns. Some critiqued the licensing of the company as it precedes the formalization of the territory’s new gambling laws. For reference, Curaçao is currently discussing the National Ordinance for Games of Chance (LOK), […]
Industry
February 20, 2024
Louisiana Sportsbooks Surpass $50M in Revenue for Second Consecutive Month
The Louisiana Gaming Control Board has reported an impressive $52.7 million in gross sports betting revenue for January. The figure reflects the aggressive marketing efforts of the Pelican State’s ten mobile sportsbooks, which actively courted and engaged the public. Increased spending also reflected positively on the state’s budget, bolstering community-focused initiatives. Louisiana Remains an Attractive […]
Industry
February 20, 2024
Gibraltar Minister Pleased with Gambling Industry Meetings
Gibraltar’s Minister for Justice Trade and Industry, Nigel Feetham, has praised Entain and 888’s commitment to the territory’s gambling sector. This followed recent meetings with company representatives. According to the Gibraltar government, Feetham personally spoke with Entain’s interim chief executive officer, Stella David, and 888’s chief executive, Per Widerström. Both companies recently underwent structural and […]
Industry
February 20, 2024
Florida to Use Money from Gambling to Fund Environmental Projects
A number of wildlife and environmental projects are going to benefit from hundreds of millions of dollars in Florida, thanks to recently approved bills. The bills in the state’s Senate and House, feature similar text and recently secured approval by the Senate Fiscal Policy Committee and the House Infrastructure Strategies Committee. This approval paves the […]
Industry
February 20, 2024
SHE Beverage Co. Allegedly Used Scam to Fund Casino Gambling
In 2021, California-based SHE Beverage Company, which describes itself as a “celebrity-driven beverage company that sells several products” on its Instagram account with little over 2,000 followers, and its owners Lupe Rose, Sonja Shelby, and Katherine Dirden, were charged by the Securities and Exchange Commission (SEC) for something they allegedly did between 2017 and 2019. Namely, […]
Industry
February 20, 2024
Macau Proposes Illegal Gambling Law with Ancillary Penalties
The Macau government’s new legislation proposal aimed at clamping down on crimes related to illegal gambling has been sent to the SAR Legislative Assembly. The latter is now busy studying its content, including a variety of ancillary penalties like player expulsion and the prohibition from entering Macau or an increase in the maximum penalty for […]
Industry
February 20, 2024
Gordon Moody Supports Women in the Fight against Gambling Addiction
Currently, Gordon Moody’s gambling addiction treatment center located in Wolverhampton is the sole location for the UK when it comes to treatment only for women. Besides being the only one in the UK, the charity’s unique treatment center is likely the single such location in the whole world, considering that men predominantly join gambling addiction […]
Industry
February 20, 2024
Prosecutors in Thailand under Threat amid iGaming Investigation
An investigation into online gambling operations, ran by a criminal syndicate in Thailand, resulted in threats against two prosecutors. The threats appeared to be deriving from a surprising source, the police force itself, with nearly a dozen officers suspected of their involvement with the criminal syndicate. In light of the threats, Thailand’s Office of the […]
Industry
February 20, 2024
Renowned Expert Backs Revolutionary UK Gambling Survey
The development of the Gambling Survey for Great Britain (GSGB) has received a significant endorsement from Professor Patrick Sturgis of the London School of Economics, marking a crucial step towards the production of reliable and comprehensive gambling statistics for the nation. GSGB Receives Acclaim for Methodological Excellence and Innovative Approach The independent assessment, released on […]
Industry
February 19, 2024
FDJ to Officially Launch Public Tender Offer for Kindred
France’s premier lottery and sports betting operator, La Française des Jeux (FDJ), announced that its takeover proposal for Kindred Group has been approved by the Swedish regulator. As a result, the French betting powerhouse will launch its offer on February 20. According to FDJ, its offer document secured the official approval of the Swedish Financial […]
