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Industry
November 18, 2024
Lawyer Who Made US Sports Betting Possible Passes Away at 84
Theodore “Ted” Olson, an advocate who played a key role in the legalization of sports betting, has, unfortunately, passed away. While the man himself might be dead, his legacy will continue, cementing him as one of the most influential people in the past few decades. Olson Made Betting Possible Olson successfully argued Murphy v. National […]
Industry
November 18, 2024
Kalshi Plans for Bigger Future Following Election Triumph
The recent US Presidential Election, which resulted in a resounding win for the former president, Donald Trump, attracted bets in billions across different platforms in the country. Kalshi Plans to Exponentially Grow Its Offering Trading contracts platforms such as Kalshi and Polymarket indicated a record surge in demand and interest in betting on the election. […]
Industry
November 18, 2024
Texas Betting Effort to Gain Momentum with DraftKings Lobbying
Texas, the second-largest US state in terms of population, currently offers limited forms of gambling. With several horse racetracks, casinos operated by Native American Tribes and a lottery, the state doesn’t offer a lot of gambling options. Still, efforts toward the expansion of the activity with the legalization of Las Vegas-style casino gambling and sports […]
Industry
November 18, 2024
Recent Report Warns of Public Health Risks from Online Gambling Boom
The growth of online gambling is causing concerns about public health, and experts are urging quick united action from governments worldwide. New Research Reveals Significant Risks and Financial Impact on Consumers A new study from The Lancet Public Health Commission points out that the quick growth of the gambling industry driven by easy online access […]
Industry
November 15, 2024
Spillemyndigheden Highlights Update to FATF’s Grey List
The Danish Gambling Authority (Spillemyndigheden) has called attention to the latest update published by the Financial Action Task Force (FATF). In the update, the intergovernmental body introduced, among other things, changes to its grey and black lists, adding new jurisdictions. FATF Updates the Grey List The FATF’s two lists outline high—risk jurisdictions with lax measures […]
Industry
November 15, 2024
Brazil Introduces Emergency Regulations
The Federal Supreme Court (STF) of Brazil has implemented stringent measures to prevent vulnerable individuals from the harms associated with the gambling industry. In a landmark ruling, the STF unanimously ratified an emergency directive by Minister Luiz Fux to prevent social welfare benefits from being spent on online gambling. The Measures Address Some Pressing Issues […]
Industry
November 15, 2024
E-Gaming Drove Strong Q3 GGR Growth in the Philippines
The Philippine Amusement and Gaming Corporation (PAGCOR) has published official data about the local gambling sector’s performance in the third quarter of the year. In its report, the authority outlined a stellar growth in GGR, which officials attributed to the ongoing modernization efforts. E-Gaming Growth Offset a Decline in Casino & Bingo As reported by […]
Industry
November 15, 2024
Everi Shareholders Give the Thumbs Up to Apollo Merger
Everi Holdings, a premier provider of content, products, fintech, player retention and bingo to the land-based and digital casino industries, announced that its shareholders have approved the company’s takeover by Apollo Global Management. Shareholders Favored the Deal At a special meeting of Everi stakeholders, investors voted in favor of the pending simultaneous acquisition of Everi […]
Industry
November 15, 2024
Netflix’s Mike Tyson vs Jake Paul Betting Banned in Some States
A stroke of genius for Netflix and a way to get a big fat paycheck for both Jake Paul, an influencer-cum-boxer and Mike Tyson, a boxing legend, who is well past his fighting prime, the upcoming fight due in several hours has caused quite a stir already. Either way, the bout is happening, offering outstanding […]
Industry
November 15, 2024
Netflix to Stream NFL Christmas Day Games, FanDuel to Provide Odds
Netflix may have pioneered on-demand streaming, or at the very least, it has become synonymous with it. After all, the phrase “Netflix & chill” was not born out of the blue. Now, though, the company is playing catch-up when it comes to offering sports streams, something that MAX, HBO’s streaming rival, has been one step […]
