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Industry
December 18, 2024
Curaçao Gambling Rocked by Corruption and Crypto Scandals
Curaçao, a long-time hub for international operators, is under intense scrutiny following a bombshell corruption scandal implicating high-ranking officials, regulatory bodies, and global players in the gambling and cryptocurrency sectors. Opposition politician and financial forensic investigator Luigi Faneyte has led the allegations against Curaçao’s minister of finance, Javier Silvania, and Gaming Control Board (GCB) members. […]
Industry
December 18, 2024
Illinois Hands Licenses to bet365 and New Casino
International gaming operator bet365 is set to further expand its global footprint with yet another market. During the Illinois Gaming Board’s (IGB) final meeting for the year, board members handed the new license to the sportsbook. The IGB also handed a license to Wind Creek Chicago Southland, a new casino in the state. Bet365 to […]
Industry
December 18, 2024
Australia Slashes Gambling Operator Tax Benefits to Combat Addiction
In a decisive move, the Australian federal government has announced it will cut off tax incentives to gambling operators for research and development (R&D) activities from 1 July 2025. The change was announced in the Mid-Year Economic and Fiscal Outlook (MYEFO) to ensure taxpayer funds are not used to compound gambling addiction and associated harms. […]
Industry
December 18, 2024
FTC to Require Lodging and Ticketing Companies to Disclose Extra Fees
The Federal Trade Commission (FTC) is considering new regulations for hotels, vacation rental platforms and live event promoters. Set to affect casino hotels too, the new rules will require properties and organizers to disclose any fees up front, the Associated Press reported. FTC Will Require Companies to Be Honest about the Prices According to the […]
Industry
December 18, 2024
Deutsche Bank Analyst Reflects on Louisiana Sports Betting Hearing
Carlo Santarelli, a Deutsche Bank analyst, has weighed in on the recent discussions surrounding sports betting in Louisiana. He analyzed the various points made by lawmakers, saying that the latest Senate Judiciary Committee hearing ended up producing “more heat than light.” Witnesses included NCAA’s president Charles Baker, Harry Levant, law director of gambling policy at […]
Industry
December 18, 2024
Brazil Concerned about the Black Market as Betting Launch Looms
Brazil, which is set to launch its regulated betting market in a few days’ time, has some concerns about competition from unlicensed operators. Expressed by the National Association of Games and Lotteries (ANJL), these concerns believe that if the country fails to deal with the black-market companies, it might lose some of its licensees. Illegal […]
Industry
December 18, 2024
Louisiana: Court Upholds Conviction in Casino Drugging, Assault Case
A man who was sentenced last year after spicing a drink, kidnapping and taking advantage of a woman at a Louisiana casino saw his appeal denied. Evidence Leads to Jury Prejudice, Attacker Claims The criminal case involves a Lake Charles man identified with the initials S.D.C., who was convicted in 2023 of second-degree kidnapping, mingling […]
Industry
December 18, 2024
Dutch Government to Update Gambling Policy by March 2025
The Dutch government plans to roll out a new gambling policy by March 2025. This move aims to tackle rising concerns about rivalry in the gambling market and the government’s part in the industry. Teun Struycken, state secretary for legal protection, shared this timeline while talking with lawmakers. He stressed the need to bring the […]
Industry
December 18, 2024
Italy Expected to Introduce Lotto and Online Gaming Tenders
Planned changes to the gambling regulatory framework in Italy are expected to strengthen the sector, helping legal gambling grow with tenders for online and Lotto licenses expected soon. ADM to Launch Tenders for Online Gaming, Lotto Soon That’s the take of Roberto Alesse, the director general of the country’s Customs and Monopolies Agency (ADM), who […]
Industry
December 18, 2024
Brazil’s AGU Appeals Court Order to Control Bolsa Família Spending on Bets
On December 12, Brazil’s Attorney General’s Office (AGU) asked Brazil’s Supreme Court (STF) to reconsider its recent decision that orders the government to take steps to stop Bolsa Família recipients from using their aid money to place bets. Brazil’s AGU Argues Bolsa Família Funds Blend with Other Income The AGU claimed the government cannot control […]
