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Industry
December 2, 2021
Better Change Adds Lee Willows as Non-Executive Director
Better Change has tapped Lee Willows, YGAM founder, as its latest non-executive talent which will help the organization reinforce its efforts in the prevention of gambling-related harm. Willows will serve as director and use the trove of knowledge he has accumulated since he founded YGAM in 2014, and working on various consumer-focused initiatives. Much of […]
Industry
December 2, 2021
Connecticut’s First Monthly Results of Betting Are In
The first month of online gambling and sports betting in Connecticut is over, and the results are in. The state has much to be happy about as it has been able to collect $1.7 million on tax with $366 million wagers placed across the state. Much of the action was fueled by online casino gaming, […]
Industry
December 2, 2021
Wisconsin’s Sports Betting Market is Now Open
Now, legal sports bets can be placed on the Green Bay Packers and Milwaukee Brewers by residents of Wisconsin. Tuesday saw the Oneida Nation open its sportsbook in its main casino near Green Bay Austin Straubel International Airport in the city of Ashwaubenon. It’s the first Wisconsin location where legal wagering is allowed on professional […]
Industry
December 2, 2021
Casinos in Macau Continue to See Sporadic Results
Macau casinos won $844 million from gamblers last month. This is a 0.01% increase over November 2020, but an improvement of 55% over October. However, with Suncity Group announcing it’s shutting down operations, the revenue could see another big drop. Macau Casinos Continue Along Uncertain Path The six Macau-licensed commercial casino operators enjoyed their best […]
Industry
December 1, 2021
DraftKings CEO Implies NY Bettors Could Wager in NJ and CT
Leading US sportsbooks do not want professional bettors, or at least DraftKings does not, according to a speech at a Cannacord investor summit by its CEO Jason Robins. Robins also told investors that New York would not see the company spend aggressively for customer acquisition, implying New Yorkers could continue to wager in New Jersey and Connecticut. Professional […]
Industry
December 1, 2021
Fraud.com Set to Combat the Rising Gambling Fraud Issue
According to a CNBC article in August, there has been a considerable jump in online fraud attempts in 2021 compared to previous years. According to cited data from a TransUnion report, the number of cybercriminals targeting the gaming sector soared to 393% worldwide. In the US, the gambling fraud rate reached close to 262%. Suspected […]
Industry
December 1, 2021
ATM Withdrawals Are Coming to the iGaming Space
Online casino gamblers and sports bettors will soon be able to access their funds faster through a quicker withdrawal process. As the iGaming market continues to evolve, they will soon be able to access any winnings or account funds through their nearest ATM. iGaming Comes to ATMs PayNearMe has announced a partnership with Pin4. The […]
Industry
December 1, 2021
Tennessee’s New Sports Betting Regulator Ready to Take Control
Today marks one month before the Tennessee Sports Wagering Advisory Council (SWAC) assumes control of regulatory duties for sports betting from the Tennessee Education Lottery. As it prepares to do so, it could approve emergency regulations over its own activity to help the transition go smoothly. Tennessee Advancing Sports Betting Activity Mary Beth Thomas, SWAC […]
Industry
December 1, 2021
Melco Raises Concerns Over Macau’s Future Following Suncity Debacle
Melco Resorts and Entertainment Ltd’s Macau subsidiary stated in its third-quarter report that it could face increased risks from “interpretation and enforce” laws relating to gaming. Melco Resorts Finance Ltd is concerned that changes occurring in Macau’s gaming industry could cause issues for the entire market. Macau Gaming in Flux Melco Resorts Finance Ltd stated […]
Industry
November 30, 2021
UKGC: Remote GGY Skyrockets to $9 Billion during 2020-2021
Gross Gambling Yield (GGY) for remote gambling activities such as casino, betting and bingo skyrocketed in the UK for the period between April 2020 and March 2021. The UK Gambling Commission (UKGC) has announced new figures that reveal that remote GGY in the country has hit $9.13 billion (£6.9 billion). This marked a significant increase […]