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Industry News and Headlines
Industry
November 3, 2022
Fitch Ratings Updates 2023 Outlook for Las Vegas Strip Casinos
Indeed, you can have too much of a good thing, and Fitch Ratings Services predicts that Las Vegas Strip casinos might have reached their peak in 2022. The 2023 outlook analysts had for Las Vegas initially had gaming as a stronghold but it seems growth rates have been somewhat unsustainable. Small Adjustments to Expectations Following […]

Industry
November 3, 2022
Community Work Sentence for £20K Theft by False Representation
A former William Hill employee who scammed his friend’s £20,000 ($23,000) poker bank in the UK was given a 12-month community order at Chester Crown Court, Daily Mail reported. What the Court Heard Amer Siddique, a former sports trader for betting companies such as William Hill, Superbet, Sky Betting and Gaming and bet365, stole the […]

Industry
November 3, 2022
BlueBet’s ClutchBet Launched Player Matchup Parlays Product
US mobile-first online sportsbook ClutchBet announced it has launched a new product, ClutchClash, exclusively for its players in Iowa. H2H Player Matchup Parlays The launch of the world-first ClutchClash product in Iowa allows bettors to utilize player matchups across the NFL and NBA by making the ultimate head-to-head player parlays, using player prop markets in […]

Industry
November 2, 2022
FATF Issues AML and CTF Advice for EU States
The worldwide money laundering and terrorist financing watchdog Financial Action Task Force (FATF) has issued new sets of recommendations regarding the way European Union member states should assess risks connected to anti-money laundering (AML) and tackle threats regarding countering the financing of terrorism (CTF/CFT). Supranational Risk Assessment Report Last updated three years ago back in […]

Industry
November 2, 2022
GamCare to Host a Chat amid Talk Money Week
GamCare, an independent charity that supports gambling harm victims across Britain, has confirmed its intentions to support Talk Money Week 2022. The charity believes that the event is especially relevant amid the ongoing cost-of-living crisis. GamCare Understands People Are Struggling with Money Talk Money Week is an annual event organized by the Money and Pensions […]

Industry
November 2, 2022
EPIC Names Smith as Director of Operations
EPIC Risk Management, a consultancy that helps companies minimize gambling harm, has strengthened its core team with a new director of operations. The one joining the company is Danielle Smith, an experienced veteran in the truest sense of the word. Smith’s Career Taught Her to Manage People and Operations Prior to joining EPIC, Smith worked […]

Industry
November 2, 2022
GeoComply Secures Maryland License Ahead of Mobile Market Launch
The leading provider of fraud prevention and cybersecurity solutions for the iGaming industry, GeoComply, expanded its reach on Tuesday this week. Maryland Regulator Awards GeoComply License The company revealed it was awarded a Tier One Contractor license by the Maryland State Lottery and Gaming Control Agency, the gambling regulator in the state. Achieving the license […]

Industry
November 2, 2022
NSW Deputy Premier Claims Cashless Tech Is Not Implementable Yet
New South Wales politicians continue to discuss the prospects of introducing cashless gaming in the Australian state. Some believe that the technology will benefit the sector and reduce financial crime, while others fear the implementation of such tech may be too costly. Paul Toole Has Some Doubts about Cashless Tech Dominic Perrottet, the state’s premier, […]

Industry
November 2, 2022
Jumbo Finalizes Pivotal StarVale Acquisition
Australian lottery retailer Jumbo Interactive Limited made an official press release confirming the successful acquisition of StarVale Group, a UK-based external lottery management, and online payment company. The £23.0million deal concluded without any issues and signals the next step in Jumbo’s global growth strategy. The Purchase Completed in Just Over Ten Months The first official […]

Industry
November 2, 2022
Boyd Completes Pala Interactive Acquisition
Nevada-based gaming and hospitality company Boyd Gaming has finalized its acquisition of the B2B real money and social casino provider Pala Interactive. The agreement will see the former company in possession of all of Pala Interactive’s assets and subsidiaries. Boyd Acquires Pala Interactive, as Planned The acquisition deal was first announced in late March this […]
