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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 […]
Industry
January 11, 2022
Maryland Legal Sports Betting a Success, Data From the First Month Shows
One month after Maryland’s five casinos were given the green light to offer residents sports betting services, the industry proved to be a massive success as the facilities reported a total of $16.5 million in bets. Out of those, the state kept $469,297, which will go to various public education programs. Maryland Sports Betting Was […]
Industry
January 11, 2022
New York Mobile Sportsbooks Hit the Ground Running
What a difference a day – and a new governor – makes. Andrew Cuomo had a difficult time accepting the inevitable arrival of mobile sports betting when he was governor of New York. However, once the brakes were released, everything changed. That couldn’t be more evident than the amount of action seen by mobile sportsbooks […]
Industry
January 10, 2022
GambleAware Awards Project to Help Gambling Disorder Treatment
The British gambling awareness charity, GambleAware, announced on Monday the outcome of an award process looking to extend the provision of residential rehabilitation for gambling disorder. GambleAware Picks Adferiad Recovery in Collaboration with Gordon Moody for a New Project The three-year pilot project aims at extending the National Gambling Treatment Service (NGTS). GambleAware chose to […]
Industry
January 10, 2022
The Gambling Review Could Endanger UK’s Horse Racing Industry
Due to publication in the spring of 2022, the UK Government’s White Paper will establish the proposals that would emerge from the Review of the Gambling Act 2005. This Act is the basis for regulating all forms of gambling in the UK, thus the critical importance of the pending changes about to be brought to […]
Industry
January 10, 2022
China Tackles 17,000 Cases of Cross-Border Gambling in 2021
China’s Ministry of Public Security has revealed the numbers of illegal cross-border gambling in 2021, arguing that enforcement officers have detected and addressed 17,000 instances of such breaches. China has been a hardliner against cross-border gambling, focusing on junket operators in the special administrative region of Macau and issuing a stern warning to foreign governments to clamp […]
Industry
January 10, 2022
UK Good Causes Need to Receive Higher Percentage from Gambling, Says Report
Launched in 1994, Camelot, the UK’s National Lottery operator, has made thousands of lucky winners millionaires. Only recently, the operator has been under fire because of its instant win games that are available via mobile devices. Now, a recent report urges Camelot to contribute more to good causes. Good Causes Receive Different Percentage from Different […]
Industry
January 10, 2022
Argentina’s Cordoba Province Set to Legalize Online Gaming
Argentina’s iGaming market continues to expand, albeit slowly. The governor of the province of Cordoba has been given the green light to sign a bill that legalizes online gambling. This bill was introduced in December to end illegal gambling. It allows the use of lotteries, sports betting and casino games. Cordoba Advances Argentina’s iGaming Efforts […]
Industry
January 10, 2022
Entain Boss Discusses Pandemic, Business, and Furlough Money
Since Entain was rebranded from GVC Holdings, the company has been an echelon of responsible gambling and industry standards. Part of this comes from its legacy from GVC Holdings, but part of it is a brand-new approach to the industry that has allowed the new entity to break away from the ways of old when […]