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Industry
January 12, 2022
England: FA Set to Keep Bookies Out of FA Cup Live Streaming
Bookmakers in the UK will not be able to lure sports fans to their platforms by offering live soccer matches from the FA Cup as the Football Association (FA) will not sell live streaming rights to them in the next tender, reported The Times. Media Rights Sales Model Needs Revamping Betting companies will be left […]
Industry
January 12, 2022
Gambling Industry Vets Lobby for Their Stop Gambling Harm Initiative
Former Paddy Power chair Fintan Drury has partnered with co-founder Stewart Kenny and Mercury Private Equity managing director Ian Armitage to create the Stop Gambling Harm initiative. Mercury was the first-ever institutional investor to support Paddy Power, which means all members of the trio have had close and lucrative ties with the popular Irish sportsbook. […]
Industry
January 12, 2022
AGA Commercial Revenue Tracker in November 2021
The American Gaming Association (AGA) has published its latest figures, courtesy of the association’s commercial gaming revenue tracker. The numbers for November 2021 revealed that in terms of overall gaming activity, the month was the second-highest-grossing month since AGA started tracking this activity. Surpassing the $4BN-Mark There was a total of $4.85 billion in commercial […]
Industry
January 12, 2022
Snipp Enters into Acquisition Agreement for Gambit Rewards
Platform-as-a-Service (PaaS) company Snipp announced that it agreed to acquire Gambit, the leading consumer network pioneer in integrating loyalty programs with sports betting and online gaming in the US. Snipp Agrees to Acquire Gambit Rewards for $5M The acquisition of Gambit includes its wholly-owned subsidiary, Gambit Rewards. Launched in 2019, the company’s unique loyalty program […]
Industry
January 12, 2022
UKGC Reminds Industry Stakeholders of Consultation Deadline
Last November, the UK Gambling Commission (UKGC) has asked for feedback from industry stakeholders regarding a review of its Statement of Principles. On Tuesday, the UKGC issued a reminder on the upcoming deadline for the consultation. The UKCG Seeking Guidance on Several Matters The Gambling Commission is looking for guidance and opinions on several different […]
Industry
January 12, 2022
Louisiana Hopeful, Not Certain, That Mobile Sports Betting Will Arrive Soon
Sports betting has become legal in a handful of locations in Louisiana. However, it is still illegal to place wagers online. The expectation has been that mobile sportsbooks were almost ready to launch and reports last week indicated that their introduction was imminent. That’s not true, according to Louisiana Gaming Commission chair Ronnie Johns. Mobile […]
Industry
January 11, 2022
Spain’s CNMC Backed PRD Provisions for Gambling Restrictions
Spain’s national competition authority, Comision Nacional de los Mercados y la Competencia (CNMC), expressed its support for the draft legislation for tighter online gambling regulation. ‘Correct Adaptation to the Principles of Good Regulation’ The CNMC, Spain’s authority that ensures markets from all sectors adhere to consumer and company standards, released a report related to the […]
Industry
January 11, 2022
New Singapore Gambling Duties Bill Increases Casino Tax Rates
Singapore’s Parliament has released a new Gambling Duties Bill meant to streamline the country’s gambling regulations. The amendments to the current Casino Control Act were originally discussed in 2019 as part of the Tourism Board’s agreement with operators Las Vegas Sands and Genting Singapore. The talks targeted the expansion of the operators’ integrated resorts (IR), World Sentosa, […]
Industry
January 11, 2022
CNBC’s Jim Cramer Chills Enthusiasm for Online Betting Stocks
The gambling industry in the United States and globally has made quite a few big strides over the last few years. There were deals from virtually every big name, involving Flutter Entertainment, Caesars, William Hill, and others. As online sports betting stocks seem to be surging, along with interest in them, many consumers are turning […]
Industry
January 11, 2022
Wakayama Residents Opposed to IR Solidify Their Stance
Some Wakayama residents would be more than pleased if the city’s IR plans took the same path as those in Yokohama. Canceling the project isn’t as easy, but the opposition is gaining traction. On Friday, a group of Wakayama residents called the “Wakayama Residents’ Group for Questioning The IR Bid” submitted a petition containing 20,039 […]