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Industry
August 9, 2021
Ban on VIPs to Be Imposed as Part of the Gambling Act Review
A media report in the UK claims the ongoing review of the Gambling Act is set to ban VIP schemes, considering current measures ineffective against the “immoral” practice. End of VIP Schemes Ministers in the UK are determined to deal away with the VIP schemes once and for all by outright banning the tactic deployed […]
Industry
August 9, 2021
Illinois Operators Can Apply for Online-Only Sports Betting Licenses Until December
Three lucky betting operators will be selected for online-only sports betting licenses in Illinois, as the state’s gaming board has opened the application window. Illinois has decided on December 3 as a deadline for all applicants. Three Operators will be Selected for Online-Only Sports Betting Licenses Gambling operators in Illinois who only possess a temporary […]
Industry
August 9, 2021
Sportech Unveils Tender Offer for Buying $49.2M in Shares
On Friday of last week, Sportech, the sports betting technology company, announced the launch of a proposed tender offer. With the tender, the company plans to return up to $49.2 million to shareholders. Sportech Launches Tender Offer Sports betting technology company Sportech PLC announced the launch of a proposed tender offer on Friday of last […]
Industry
August 9, 2021
Mohegan Scrambles After Japanese IR Partner’s Unexpected Exit
Mohegan Gaming & Entertainment (MGE) has been put between a rock and a hard place as it competes to be the casino operator of an integrated resort (IR) in Nagasaki, Japan. Its local partner, Oshidori International Development, just withdrew itself from the partnership, with MGE now having to find a new one, and quickly. Oshidori […]
Industry
August 6, 2021
DraftKings’ Second Quarter Earnings Posted 297% Growth
Daily fantasy, sports betting and gaming technology operator DraftKings reported today its second-quarter financial results, posting revenue of $298 million for the three months ended June 30, 2021. Nearly 300% Revenue Growth The quarterly revenue reading represents a 320% increase to the $71 million DraftKings generated in the respective quarter of 2020. However, after giving […]
Industry
August 6, 2021
Adex Releases a Report on Ad Fraud Targeting Gambling Campaigns
Adex, the expert in fraud-free advertising released a new report. The report provides an insight into ad frauds, affecting the online gambling industry. New Report Shares an Insight on Ad Frauds Expert in fraud-free advertising, Adex released a new report, identifying ad frauds impacting gambling campaigns. Conducted over 5 months, the study analyzed 4 key […]
Industry
August 5, 2021
National Lottery License Competition in the UK Delayed Again
The Gambling Commission extends its time period for National Lottery license competition for the second time, which could result in more earnings for Camelot. UK’s National Lottery License Delayed for the Second Time The Gambling Commission has extended the timeline after “representation” from bidders. The National Lottery license competition has been delayed for the second […]
Industry
August 5, 2021
Sporttrade Gains Colorado Market Access via Momentum Sports Acquisition
By acquiring Momentum Sports, Sporttrade gained market access to Colorado. The company plans to launch its unique sports betting exchange services in the first half of next year. Sporttrade Acquires Momentum Sports, Prepares for Colorado Entry Sports betting company Sporttrade announced Wednesday that it acquired Momentum Sports and Entertainment. Momentum Sports is a Denver and […]
Industry
August 5, 2021
ACMA Blocks Advertising Sites That Promote Illegal Gambling
The Australian Communications and Media Authority (ACMA) continues to tighten its measures on illegal betting and has requested ISPs to block affiliate websites that promote and drive users to online gambling sites and services. ACMA Blocks Sites Promoting Online Gambling Services The Australian Communications and Media Authority (ACMA) has announced it would start blocking websites […]
Industry
August 5, 2021
Yokohama’s Don to Commit “Seppuku” If IR Comes to the City
Controversy over whether an integrated resort (IR) in Yokohama should be allowed is increasing and one man thinks preventing the project is worth dying over. The fact that he holds substantial influence over the local political scene means that his words carry more weight. However, threatening to commit seppuku if the IR comes to life […]