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Industry News and Headlines
Industry
February 13, 2023
NorthStar Gaming Received Playtech Investment of C$12.25m
Canadian sports betting company NorthStar Gaming announced it has received a strategic investment of C$12.25 million ($9.19 million) from Playtech by way of a convertible debenture loan. Accelerate Growth, Expand User Base The funds provided by Playtech completed the concurrent financing NorthStar Gaming needs in connection with its reverse takeover of Baden Resources. Once the […]

Industry
February 13, 2023
Betfred to Launch IGT’s PlaySports-Powered Sportsbook in Nevada
Supplier of technology and solutions to the global gaming industry International Game Technology (IGT) announced it has signed a new PlaySports technology agreement with sports betting operator Betfred. Experienced Team, Proven Technology The new multi-year partnership will see Betfred enter the Nevada betting market by leveraging IGT’s PlaySports solution to power sports betting operations at […]

Industry
February 13, 2023
Senet Chooses Norths Collective as First Company to Undergo RG Assessment
The new program seeks to combat gambling-related harm as well as ensure that gambling operators are not impacted by financial crimes such as money laundering. To achieve this, participants in the program undergo an extensive assessment that seeks to ensure their compliance with Senet Assure. Lauded as the first-of-its-kind program, the new initiative comes at […]

Industry
February 13, 2023
Western Sydney Oversaturated with EGMs, Says New Report
The research by Western Sydney University probed into the gambling operations in Sydney, calling the activities a “silent epidemic” for the Western Sydney region. The study, titled “Paying the Price: Gambling-Related Harm in Western Sydney” uncovered that the impact of gambling-related harm is evident in Western Sydney. It said that although the region contains only […]

Industry
February 13, 2023
Ygam Reports Strong Pull with Young People in Annual Results
The organization said that it was able to reach an exact number of 1,857,895 young people with its various services and generally strengthen its expertise in providing this cohort with the support they need to defy gambling-related harm, seek help, or offer assistance to others. The charity has been able to train 4,819 delegates and […]

Industry
February 10, 2023
Better Collective Joined All-in Diversity Project as Founding Member
Sports betting media group Better Collective joined All-in Diversity Project, a nonprofit seeking to help businesses and industries improve diversity, equality and inclusion, as a founding member to help it expand its agenda. Furthering the Diversity, Equality, Inclusion Agenda Better Collective became the first non-sportsbook founding member of All-in Diversity Project, acknowledging the importance of […]

Industry
February 10, 2023
A Surge in Macau Casino Stocks Shows Industry on Path to Recovery
South China Morning Post reported that this is evident in the recent stock market performance of casino operators such as Galaxy Entertainment, Sands China, and MGM China, which have seen significant growth in the past few weeks. In fact, a Bloomberg index that tracks the performance of six of the largest casino operators in Macau […]

Industry
February 10, 2023
BGC Hails Lucy Frazer as Secretary of State for Culture, Media, and Sport
In a statement, the British and Betting Gaming Council (BGC) explained that Frazer’s appointment has come at a crucial time after numerous delays have stalled the publication of the white paper that will overhaul the gambling industry’s laws in the United Kingdom and amongst growing tensions as to how far consumer protection measures should go. […]

Industry
February 10, 2023
GambleAware Delivers £1.24m via the Community Resilience Fund
Gambling harm charity GambleAware announced the recipients of the Community Resilience Fund, the fund it launched last year to address health inequalities among the most disadvantaged communities. Address Disproportionate Risks Acting on research indicating that people in more deprived areas are three times more likely to suffer from gambling harm, the Community Resilience Fund seeks […]

Industry
February 10, 2023
Safer Gambling Will Define the Gambling Landscape in the UK
Gambling in the UK most likely has “settled into a new normal” according to Gambling Commission’s chief executive officer Andrew Rhodes who delivered a keynote speech at ICE London 2023. Every Player Matters Speaking in the Consumer Protection Zone of ICE London, Rhodes outlined the near-term perspectives of the gambling market in the UK within […]
