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Industry News and Headlines
Industry
September 26, 2023
Tim Miller Provides Insights into UKGC’s Gambling Review Progress
Tim Miller, the executive director of the UK Gambling Commission (UKGC), recently shared valuable information regarding the regulator’s progress on the contentious issues raised in the UK Gambling Review. Addressing an international audience, Miller provided context on the generational review of the UK’s gambling laws and its implications for consumers and stakeholders. Some Measures Face […]

Industry
September 26, 2023
British Racing Authorities Launch Public Survey on Blanket Affordability Checks
Four of Britain’s horseracing authorities, namely The British Horseracing Authority, Racing TV, At The Races and the Racing Post, have joined forces in opposition to the affordability checks model outlined in the white paper. As a result, the four bodies launched a survey to bettors in the UK, asking them to share their views on […]

Industry
September 26, 2023
NIGC Praises Tribal Casinos for Cybersecurity Measures
In the wake of recent cyberattacks on major commercial casinos, the National Indian Gaming Commission (NIGC) has lauded tribal-owned properties, including those in New York, for their robust cybersecurity measures. National Indian Gaming Commission Employs Strong Cybersecurity Blueprint Drawing parallels to medieval castle defenses, the NIGC outlined its “Defense in Depth” strategy, which encompasses multiple […]

Industry
September 26, 2023
CFTC Rejects Kalshi’s Congressional Betting Proposal
In addition to sports betting, placing wagers on different events has been gaining popularity over the last few years. Along with that, came attempts to place wagers on political outcomes, an activity that is criticized rightfully given its nature. Back in 2020, KalshiEX LLC became the first regulated financial exchange dedicated to trading event contracts. […]

Industry
September 26, 2023
Denmark Introduces Customized Player ID for Enhanced Consumer Protection
In a move aimed at enhancing consumer protection and curbing issues related to underage gambling and money laundering, the Danish gambling regulator, Spillemyndigheden, has declared that as of October 1, players must present a ‘Player ID’ when making wagers at physical retailers. Customized Player ID Enhances Consumer Protection The Player ID will be directly linked […]

Industry
September 25, 2023
NSW Prepares to Test Cashless Gaming, Invites Companies to Participate in the Trial
Liquor & Gaming New South Wales announced that it will be responsible for overseeing the upcoming cashless gaming technology trial in the Australian state and invited industry bodies to participate. Hosted by The Independent Panel on Gaming Reform, the trial will explore the potential of cashless systems to change gambling in NSW. According to the […]

Industry
September 25, 2023
Lotteritilsynet to Ensure Banks Do Not Interact with Offshore Operators
Norway continues its battle against unlicensed gambling websites. As offshore operators continue to target consumers in the country, the local gambling regulator, Lotteritilsynet, decided to monitor several banks to make sure they don’t interact with such companies. As outlined in Section 5 of the Norway Gambling Act, Norway prohibits banks from allowing customers to deposit […]

Industry
September 25, 2023
Public Health Experts Lambast Gambling Companies’ Underhanded Tactics
In a scathing editorial published in the journal Health Promotion International, a consortium of twelve public health experts has raised concerns about the tactics employed by gambling companies. The academics likened these strategies to the ones used by the tobacco industry, arguing that these companies are funding research into the harms of their activities while […]

Industry
September 25, 2023
US President Biden’s Battle Against ‘Junk Fees’ Sparks National Debate
US President Joe Biden has reaffirmed his commitment to combating the proliferation of hidden fees, colloquially known as “junk fees,” that often catch consumers off guard when making reservations or purchasing tickets. President Biden’s Crusade Against Deceptive Pricing Tactics Gains Momentum In recent posts on X (Formerly Twitter), President Joe Biden voiced his concerns over […]

Industry
September 22, 2023
Las Vegas Gaming Companies May Benefit from Business Travel Recovery
Three and a half years ago, the global COVID-19 pandemic impacted nearly all industries across the globe. The entertainment, hospitality and gambling sectors weren’t spared, and tribal and commercial casinos across the US endured temporary restrictions, including closures. Despite the huge impact of the pandemic on the gaming and hospitality sector, visitation is gradually returning […]
