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Industry
January 2, 2024
Man Who Stole £1.3M to Gamble Joins GambleAware to Help Others
Andy May, a former addict who stole over a million pounds to gamble, opened up about his past, urging people to seek help before it is too late. In an interview with BBC, the 47-year-old man provided an insight into his unfortunate experience with gambling. May started out as a casual punter who would bet […]
Industry
January 2, 2024
Ohio’s Betting Industry Recorded $6B in Handle in 2023
Ohio’s flourishing sports betting industry saw punters wager a total of $6 billion within a year of the vertical’s legalization. The Buckeye State greenlit wagering on sports on January 1, 2023, allowing the seventh most populous state in the USA to join the community of states where wagering is legal. For reference, a billion of […]
Industry
January 2, 2024
Man in Custody after Gunshots near Las Vegas Strip
A person, who allegedly shot from an MGM Signature Towers balcony in Las Vegas was arrested by police last week. An unconfirmed number of witnesses contacted police to report the shooting which occurred in the early morning hours on Sunday. Besides police officers, SWAT team members were also dispatched to the location of the incident […]
Industry
January 2, 2024
BGaming Releases Capymania, a Capybara-Themed Instant Win Game
BGaming is capitalizing on the Internet’s capybara craze with brand new capybara-themed instant win scratch games. The new suite of digital scratch cards is called Capymania and boasts three skins – yellow, green and orange. Just like BGaming’s previous collection of scratch games, Scratch Alpaca, Capymania also sports a cute little mascot. The new game’s […]
Industry
January 2, 2024
Rising Sports Betting Trend Puts Young Men at Risk of Gambling Addiction
In a rapid expansion of legal sports betting across 36 US states, the gambling industry is witnessing unprecedented growth. However, experts are expressing growing concerns about the toll it may take on the mental health of young men. A Rutgers University Report Unveils the Impact of Online Betting on Gen Z The surge in online […]
Industry
January 2, 2024
Skill Games Developer Urges PA Lawmakers for Sensible Regulations
Skill games have been gaining popularity for several years across Pennsylvania. This resulted in a debate about the regulation and taxation of those games. A major win for skill games was a court decision dating back to early last month. At the time, the Commonwealth Court recognized a decision of a lower court that acknowledged […]
Industry
January 1, 2024
Antigua and Barbuda Turns to US to Settle Gambling Dispute
For over 20 years now, the country’s gambling regulation has found itself at loggerheads with the United States’ gambling laws, which Antigua and Barbuda has insisted are discriminatory. The country even won a case with the World Trade Organization, as it was shut out of the United States gambling market and sought a $21 million […]
Industry
January 1, 2024
Nevada’s Betting Handle Dips in November 2023 but Profits Soar
The Nevada Gaming Control Board said the betting handle in November 2023 had reached $921.9 million, a notch down from the $928 million reported during the same 30-day period in 2022, but it was still a rather moribund result all things considered. Nevermind the Sports Betting Lull, Profits Are Coming November’s handle had indeed been […]
Industry
January 1, 2024
HG Vora Capital Management Bets Hard on Penn Entertainment
Penn Entertainment saw the company’s share rise by as much as 7% last week, as news transpired that HG Vora Capital Management, a hedge fund, had bought enough shares to push its total stake in the gaming and entertainment company to 18.5% of the total stock. HG Vora Capital Management Determined to Appoint Right Candidates […]
Industry
December 26, 2023
Ohio Seeks to Bolster Problem Gambling with Financial Advisors
Commenting on his LinkedIn page, Cory Brown, manager of problem gambling services at Ohio Casino Control Commission, has confirmed that the regulator is stepping up in providing local players with further safeguards. Ohio Unflattering in its Commitment to Tackling Problem Gambling One of the most challenging issues in terms of recovery from gambling addiction is […]
