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Industry
March 20, 2023
Pretend Stock Trader Loses Investors’ Money to Sports Wagers
Details of a scheme involving fake trading on the stock market emerged late last week and saw two people lose substantial sums. A 30-year-old man from Auckland, New Zealand, admitted he engaged in an elaborate scheme, tricking two of his friends into investing money whereas he actually gambled the money on sports wagers. The man, […]
Industry
March 20, 2023
Pennsylvania Gaming Industry Shows Impressive Growth in February
The results indicate a substantial 21.6% increase from the corresponding period last year. Pennsylvania Casinos Report Sustained Growth in February 2023 Revenue Figures Pennsylvania has set a new record for the second-largest revenue month ever in February, capping off a remarkable run of three consecutive record-setting months to the end of 2022. While December was […]
Industry
March 20, 2023
Women Gamblers in Quebec Increase Since the Pandemic
According to Kairouz, who interviewed 4,500 Quebecers as part of her 2021 study, women have been turning to gambling at greater rates compared to pre-pandemic times. Many women have actually migrated to online gambling activities. Women Turn to Online Gambling in Greater Numbers The number of male gamblers still outstripped that of their female counterparts, […]
Industry
March 20, 2023
ACT Ready to Act on Its Own Against Gambling Ads on TV and Radio
ACT attorney general Shane Rattenbury has confirmed that should the federal government fail to reach a satisfactory decision on gambling ads in sports, the territory may be forced to act on its own and address ads which Rattenbury has described as both “pernicious” and “insidious.” Gambling Ads Gets in ACT’s Hair These remarks come against […]
Industry
March 17, 2023
bet365, Flutter, Betsson, Betway Establish Brazil’s IBRJ
Global leaders in sports betting have joined forces to establish a new entity in Brazil, the Brazilian Institute of Responsible Gaming (IBJR), seeking to contribute to the ongoing discussion and development of the gambling market in the Latin American country. ‘Collaborate with All Sectors of Society’ The establishment of the new body focused on responsible […]
Industry
March 17, 2023
Playtech Extends Its Long-term Partnership with Betfred
Gambling software developer Playtech announced an extension of its exclusive partnership with Betfred. The two companies will continue their collaboration, which will see the former company supply the operator with more sports betting machines. As agreed, more Playtech Self Service Betting Terminals will be installed in Betfred shops, helping Betfred keep up with the rising […]
Industry
March 17, 2023
North Dakota Senate Votes Against Removal of Schools from Sports Betting Resolution
According to KX News, an amendment created by Sen. Larry Luick to remove universities, colleges, and high schools from House Concurrent Resolution 3002 failed by one vote of 24 to 23 earlier this week. This means that the text of the resolution as it was originally presented will be subject to voting by the Senate. […]
Industry
March 17, 2023
A Look into Iowa’s iGaming Bill
Legislators in the state of Iowa have introduced a new bill that seeks to regulate online casinos. Right now, online sports betting is legal but online casinos are yet to foray into the Hawkeye State. This will cement Iowa as the seventh state that allows iGaming in the United States. While online sports betting continues […]
Industry
March 17, 2023
German Regulator Says Black Sports Wagering Market Less than 5%
Germany’s new gambling regulator, the Gemeinsamen Glücksspielbehörde der Länder or GGL, issued a new report Thursday, explaining that licensed sports betting operators had a market share of more than 95% in 2022. This left a niche for black market operators of less than 5%, judging by analysis based on tax data released by the GGL. […]
Industry
March 17, 2023
Quebec Study Says Pandemic Leads to Increase in Online Gambling
In 2020, the world faced a global COVID-19 pandemic which impacted all industries around the world. The hospitality and entertainment sector was also not missed with pandemic restrictions enforcing temporary closures for different types of venues, including gambling and betting outlets. Now, a new report shares invaluable insight into how the pandemic changed the online […]
