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Industry
September 17, 2024
Weak Sports Betting Offsets New Jersey’s Strong Casino & iGaming Results in August
The New Jersey Division of Gaming Enforcement published its latest gaming revenue report, outlining the performance of the state’s gambling industry in August. The New Jersey industry’s metrics continued to grow as most verticals posted strong results. Sports betting, on the contrary, experienced a sharp decline. The Overall Revenue Increased Slightly The local casinos, racetracks […]
Industry
September 17, 2024
Spike of Calls Reported by West Virginia Gambling Helpline
West Virginia was among the states that legalized and launched sports betting back in 2018. The launch of legal betting was the same year PASPA was struck down by the US Supreme Court, greenlighting the expansion of the activity across the country. Since 2018, more than half of the US states have legalized and launched […]
Industry
September 17, 2024
Illinois Gaming Board Implements New Advertising Regulations
The Illinois Gaming Board (IGB) put new advertising and marketing rules into action for sports betting, casino games, and video gaming at its September 12, 2024 meeting. These fresh guidelines are part of the IGB’s ongoing work to promote responsible gambling and to keep a closer eye on gaming growth across the state. IGB’s Updated […]
Industry
September 17, 2024
MLBPA Sues DraftKings, FanDuel, and Others Over Image Rights Violations
The Major League Baseball Players Association (MLBPA) has taken legal action against big names in sports betting, including DraftKings, FanDuel, Bet365, and Underdog Fantasy. The MLBPA claims these companies have used player names and images without permission. MLBPA Accuses Sports Betting Giants of Exploiting Player Images Without Licensing Agreements On September 16, 2024, the MLBPA […]
Industry
September 16, 2024
JMP Is Optimistic about Flutter’s Stake in Betnacional
JMP Securities analysts are optimistic about Flutter’s recent acquisition of a 56% stake in NSX Group, arguing that it would allow the latter company to drive strong synergies in Brazil. Flutter’s Brazil Bid Is In Line with the Company’s Strategy According to a NEXT.io report, JMP Securities believes that Brazil’s large population and ongoing sports […]
Industry
September 16, 2024
Study Finds Gambling Is Seen as Normal in Sports by Irish Children
Over the last decade, gambling companies and professional sports teams have created strong ties that only intensified with the growing popularity of wagering. New markets attracted audiences, including across the United States where close to 40 states offer some form of legal betting. Across the ocean, in Great Britain, betting is also popular with thousands […]
Industry
September 16, 2024
Brazilian Banks Call for Accelerated Ban on Credit Card Betting
Brazilian Federation of Banks president Isaac Sidney demanded that the government accelerate the ban on using credit cards to pay for online bets. He underscored growing concerns over problem gambling and increasing defaults in the coming months as the country awaits the full implementation of gambling regulations set to take effect in January 2024. The […]
Industry
September 16, 2024
Woman Arrested in Alleged $200K Theft from Drugged LV Hotel Guests
When a Las Vegas Metropolitan Police Department (LVMPD) officer pulled over 31-year-old Cassandra Tovar on September 6, he originally thought he would be issuing a verbal warning or a ticket and fine for the crime of driving a car with a missing license plate. However, he quickly discovered Tovar also seemed to be intoxicated. The […]
Industry
September 16, 2024
Cambodia Union Leader Out of Prison, Will Continue Strike Against Casino
The leader of a workers’ union in Cambodia that played a key role in the longest strike in the country was recently released after serving her two-year prison sentence. The case involves Chhim Sithar, the president of the Labor Right Supports Union of Khmer Employees of NagaWorld (LRSU), who was sentenced to two years in […]
Industry
September 16, 2024
Australia’s Annual Losses to Gambling Grow, Hit AU$32bn
Despite concerns about the detrimental impact of gambling activities on people across Australia, significant changes to the sector are still being discussed. Last year, a report into the country’s gambling sector made nearly three dozen recommendations that can help reduce problem gambling and harm, while decreasing the billions of Australian dollars lost to gambling every […]
