Industry News and Headlines
Industry
August 27, 2025
The Star Fails to Negotiate Covenant Waivers with Lenders
The Star Entertainment Group’s financial troubles continued, as the company found itself unable to secure lender waivers that would have allowed it to breach the terms of its debt agreements without risking penalties. The Terms Are Unacceptable to The Star In an official Australian Securities Exchange (ASX) release, the company responded to a recent publication […]
Industry
August 27, 2025
GambleAware Appoints Transition CEO Ahead of Its Closure
GambleAware, the United Kingdom’s leading gambling harms charity, announced the appointment of Anna Hargrave as its transition chief executive officer ahead of the organization’s managed closure. The charity’s dismantling was announced a month ago and is set to be completed on March 31, 2026. Hargrave to Replace Osmond as CEO The UK recently began its […]
Industry
August 27, 2025
ASA Reprimands Sean Graham over Unclear Promotion Conditions
The UK Advertising Standards Authority (ASA) has upheld a complaint against bookie Sean Graham, issuing a warning over the unfair administering of a promotion. The bookmaker was told that its ad must not appear in the same form and that it should make sure its future promotions are fairly administered. Sean Graham Shop Didn’t Allow […]
Industry
August 27, 2025
Flutter Regretfully Halts Real-Money Gaming in India
Flutter Entertainment, the parent company of US sports betting giant FanDuel, has been forced to exit India’s real-money gaming market due to the country’s new regulations on online gaming. India Ended Skill-Based Gaming, to Flutter’s Dismay India just passed the Promotion and Regulation of Online Gaming Bill, which marked a sudden shift in how online […]
Industry
August 27, 2025
Yield Sec: Illegal Gambling Dominates 71% of the European Market
Regulate as it may, the European Union and its 27 Member States have found themselves at a severe disadvantage when comparing the legal versus the illegal gambling market. The results are serious, as they demonstrate clearly that despite the regulatory fuss over responsible gambling, 71% of all gambling that takes place in the bloc is […]
Industry
August 27, 2025
Gambling Ads Are Bombarding US Spectators, The Guardian Says
In a recent article published by The Guardian, a UK media outlet with a clear editorial stance on the gambling industry, the publication argues that hockey fans in particular are “bombarded” with gambling logos and ads. These assets could be seen as often as every 13 seconds during TV coverage of top-flight games, the publication […]
Industry
August 27, 2025
UConn Professor: “Future of Addiction Therapy Might Just Be Virtual”
Problem gambling is becoming a growing concern on college campuses, as more and more students engage in risky behavior at rates believed to be two to four times higher than adults. The internet has fueled this trend by offering young people ongoing, instant access to online poker rooms, virtual casinos, and sports betting apps that […]
Industry
August 25, 2025
BBB Publishes North America Gaming Study, Says Consumers Are “Confused”
The Better Business Bureau (BBB) has published a new study on North America’s relationship with gambling. Among other things, it discovered that many consumers are confused due to the complex nature of regulated gaming and the influx of offshore operators. Players Are Not Always Familiar with the Specifics The BBB acknowledged the discrepancies among different […]
Industry
August 25, 2025
Team King Buys Saipan’s Imperial Pacific for $13M
Saipan’s failed casino resort has found a new owner several months after the initial bid for the property. The Resort Has Been Defunct for Years The Imperial Pacific resort in Saipan was formerly owned by Imperial Pacific International (IPI). The company’s $2 billion plans envisioned a lavish casino that would have nurtured the local tourism […]
Industry
August 25, 2025
Culinary Union Slams Florida Gov. Ron DeSantis over Recent Comment
The Culinary Union has lambasted Florida Gov. Ron DeSantis over his recent comments regarding the union. The Culinary Union slammed his anti-union positions and suggested that he should focus on his own problems in the Sunshine State. DeSantis Accused the Culinary Union of Ballot Harvesting At a recent press conference, Florida Gov. Ron DeSantis weighed […]