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Industry News and Headlines
Industry
November 8, 2024
Swindler Uses Romance Scam to Con 100 Men, Uses Money to Gamble
Last month, Tokyo Reporter revealed that a former employee of Toyota Coniq Pro was accused of conspiring with an IT specialist working for Yonageya to conduct a fraud of roughly 160 million yen ($1.07 million). At least one of the two men had allegedly spent the defrauded money on entertainment activities, gambling included. Now, the same […]

Industry
November 8, 2024
Casino Guru Helps Settle $1.35M Dispute, Supports Players’ Rights
Disputes within the gambling vertical are not uncommon, especially in the digital age. While in some cases operators may be the ones to blame, in others, insufficient compliance or missing documents by gamblers may result in temporarily halting the collection of payouts. In one similar case, the recognizable online casino information source offering services that […]

Industry
November 8, 2024
Illegal Gambling in Weslaco, Texas Lands Three in Jail
Law enforcement in Texas constantly fights illegal gambling and helps shut down unlawful establishments by conducting raids across the state. The extensive efforts help not only bring down illegal gambling dens but, in some cases, even uncover guns and drugs. In one such recent operation, an illegal gambling business was raided, and dozens of gambling […]

Industry
November 8, 2024
Kamala Harris Presidential Bid Costs $1.37B on Ads Alone
Public filing by the campaign of Vice President Kamala Harris has revealed that the presidential hopeful spent as much as $2.3 billion on her campaign leading up to November 5’s election. Although running a fairly short campaign, Harris’ media expenses had soared, as the Vice President sought to quickly secure ground in crucial battleground states. […]

Industry
November 8, 2024
NCPG Supports Eight Groups to Prevent Problem Gambling
Nearly ten organizations will focus on raising awareness of the dangers of gambling and preventing problem gambling, thanks to newly awarded funding. NCPG Continues to Support Community Organizations On Thursday, the American nonprofit organization advocating for the mitigation of gambling-related harm and prevention of problem gambling, the National Council on Problem Gambling (NCPG), announced it […]

Industry
November 8, 2024
Paraguay Proposes Major Reforms to Gambling Law, Seeking to End Monopoly
On November 5, 2024, Paraguay’s government put forward a groundbreaking bill to transform the country’s gambling industry. This new legislation aims to end monopolies and tighten regulatory control. The proposal seeks to change and build upon the current Law No. 1016/1997, which oversees gambling operations in Paraguay. Proposed Reforms to Revitalize the Gambling Sector and […]

Industry
November 8, 2024
Significant Rise in Problem Gambling Among British Youth Sparks Concerns
New figures from the UK Gambling Commission show a troubling pattern: the share of kids in Great Britain seen as problem gamblers has more than doubled in the last year. This rise means about 85,000 young people now fall into this group, based on the DSM-IV-MR-J screening tool. 27% of Students Bet Their Own Cash, […]

Industry
November 7, 2024
MGA Hands First-Ever ESG Seals to 14 Operators
The Malta Gaming Authority (MGA) announced that it has handed its inaugural Environmental, Social, and Governance (ESG) Code Approval Seals to several gambling operators. The seals attest to the chosen operators’ commitment to promoting responsible and sustainable industry practices and align with the MGA’s own ethos. Seals Were Handed to 14 Operators The handing of […]

Industry
November 7, 2024
Portugal Reprimands Operators and Influencers Over Unlicensed Gambling Ads
The Portuguese Association of Betting and Online Games (APAJO) has filed complaints against operators and influencers who made misleading promotions. The motion reflects the body’s overall efforts to weed out the promotion of unlicensed gambling platforms. Operators and Influencers Promoted Unlicensed Gaming As it turns out, the APAJO filed concerns against BC.Game, Betify, Monro, Stake, […]

Industry
November 7, 2024
GamCare Shifts Its Focus to the Banking Sector
In a strategic shift, the UK gambling charity GamCare has announced that it will no longer provide its Safer Gambling Standard services for gambling operators past 2024, redirecting the focus to supporting financial institutions in tackling gambling-related harm. This decision aligns with GamCare’s pledge to focus on providing direct support and broader, cross-sector projects. This […]
