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Industry
October 17, 2024
Tribal Leaders Condemn Sweepstakes During Recent Meeting
The debate surrounding sweepstakes intensified over the last year. With some analysts estimating the cost of the market at tens of billions as of 2023, the niche sector is likely to keep growing. This places sweepstakes in the sights of lawmakers, gambling regulators and stakeholders such as commercial and tribal operators. Sweepstakes at the Sights […]
Industry
October 17, 2024
Bettors Divided as Mike Tyson vs. Jake Paul Draws Near
Mike Tyson’s clash against Jake Paul remains one of the most highly anticipated boxing matches maybe ever. As a fairly unconventional game because of the participants’ age difference, the match promises an unexpected outcome, dividing bettors on who would actually win. The Clash Is Just Around the Corner The polarizing game has divided bettors and […]
Industry
October 17, 2024
NorthStar Gaming Hit with CA$30K Fine by AGCO in Ontario
A licensed gambling operator in Ontario, Canada, recently received a monetary penalty due to alleged breaches of the province’s iGaming regulatory framework. Third-Party Assessment Uncovers Deficiencies That is the case of NorthStar Gaming (Ontario) Inc., an online gambling operator in Ontario that recently received an Order of Monetary Penalty with a sum of CA$30,000 ($21,800). […]
Industry
October 17, 2024
50 Cent Breaks the Ice with LV Six-Show Residency at Planet Hollywood
Rapper 50 Cent has announced his pioneering Las Vegas residency, set to take place at Planet Hollywood from December 2024 to January 2025. 50 Cent: In Da Club Experience Counting Six Shows The six-show residency, titled 50 Cent: In Da Club Experience, will run from December 27-31 and January 3-4, with the performances designed around […]
Industry
October 17, 2024
Ireland Passes Landmark Bill to Strengthen Gambling Regulation
Similar to the UK, Ireland is going through major changes in its gambling regulations. This is possible under a proposal called the Gambling Regulation Bill 2022, which supports the development of a robust framework regarding the gambling sector that combats harm and problem gambling, fights against the black market and notably, develops an independent statutory […]
Industry
October 17, 2024
Bovada’s US Exit Likely Hits iGaming Revenue the Hardest
Bovada, one of the best-known iGaming and sports betting brands in the United States, and beyond, has faced a slew of challenges in the US market where local regulators have served the company with cease-and-desist letters, which have forced the operator to wind down activities in affected states. Bovada’s Biggest Loss Is from Online Casino […]
Industry
October 17, 2024
Former Ozzy Osbourne Band Member Shot in Vegas
Earlier this week, we reported that a private company will step up to strengthen security personnel at casinos across Las Vegas. This will be the goal of Protective Force International, a security company that recently won contracts with nearly two dozen casinos in Sin City, helping ramp up security. Despite those efforts and the vigilance […]
Industry
October 16, 2024
Flutter CEO: UK Tax Hike Would Be in No One’s Interest
Peter Jackson, chief executive officer of Flutter Entertainment, commented on the UK’s ongoing gambling reforms amid talks about tax hikes. Echoing his recent point about the US market, he suggested that high tax rates tend to have adverse effects. Labour Should Speed Up the Regulatory Process In a post on LinkedIn, Jackson said that was […]
Industry
October 16, 2024
Ukraine Urges Google to Stop Blocking Legal Gambling Ads
The Ukrainian Gambling Council (UGC) has addressed Google with the request to stop blocking the advertising of licensed gambling operators who lawfully conduct their business in the territory of Ukraine. The UGC argues that the current, complete ban on all gambling-related advertising directly discriminates against legal businesses while helping illegal gambling operators. The Bans Hurt […]
Industry
October 16, 2024
Brazil’s President to Discuss Credit and Billionaire Taxation with Bankers
At the start of the month, we reported on Brazil’s sports betting industry facing a potential ban unless proper regulations addressing the potential harms of gambling were not addressed, as warned by President Luiz Inacio Lula da Silva. The country that made betting on sports legal in 2018 never reached the point of also officially […]
