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Industry
June 20, 2024
Another Tory Candidate under Scrutiny Due to Alleged Election Betting
Earlier this month, media outlets reported that Craig Williams, a senior aide of Rishi Sunak, allegedly placed a wager on the date of the upcoming general election in the country. This prompted an investigation by the UK Gambling Commission over political betting. Allegations against Williams claim he put a £100 bet on the upcoming elections […]
Industry
June 20, 2024
Olympia Gaming Launches Investigation after Disruption from Cyberattack
Cyberattacks can have a detrimental impact on the operations of different businesses. In general, companies that have large databases or operate with large amounts of money such as casinos, banks or different financial institutions are usually prime targets for hackers’ attempts. This is precisely the case of a northern Nevada casino operator that has become […]
Industry
June 19, 2024
NLRB Shakes Casino Industry with Historic Union Ruling
In a historic ruling, the National Labor Relations Board (NLRB) has mandated that NP Red Rock, the owner of the Red Rock Casino and two other Las Vegas casinos, recognize and negotiate with a union despite a previous election where workers voted against unionization. This unprecedented decision marks the first application of a policy allowing […]
Industry
June 19, 2024
Bulgaria’s Gambling Sector Records Unprecedented Surge
Licensed gambling operators in Bulgaria have paid out BGN 5.79 billion ($3.18 billion) to winning players in 2023, significantly surpassing last year’s results and highlighting the untapped potential of the country’s gaming sector. This data was made available by the National Revenue Agency (NRA) after a Freedom of Information request by local news outlet Mediapool. […]
Industry
June 19, 2024
bet365’s Swedish Subsidiaries Have Fines Cut by Administrative Court
Leading global betting brand founded in 2000, bet365, had two of its Sweden-based subsidiaries fined a total of SEK79 million ($7.7 million) in 2023. Following their appeal, the Administrative Court of Linköping decided to reduce the total fine to SEK44 million ($4.2 million) despite opposition from the Swedish Gambling Authority (SGA). SGA Punished Hillside (Gaming) […]
Industry
June 19, 2024
Svenska Spel to Publish Healthy Revenues Report
Svenska Spel, Sweden’s state-owned operator, announced its intention to start reporting how “healthy” its revenues are. Mirroring Kindred’s Journey Towards Zero reports, the initiative will see the Swedish operator disclose what portion of its revenues come from low-risk customers. According to Svenska Spel’s announcement, the first report of this kind will be published at the […]
Industry
June 19, 2024
Spelinspektionen Bans Four Operators, Including Two Skins Gambling Sites
The Swedish Gaming Authority (Spelinspektionen) announced that it has banned an additional four online gambling operators. According to the regulator’s announcement, the four companies in question provided games to consumers in Sweden despite lacking the necessary licenses. In its official statement, the Spelinspektionen confirmed that the four iGaming companies it has taken action against include […]
Industry
June 19, 2024
Wrongful Death Trial Begins over Patron’s Passing in California Casino
Earlier this week, a state court jury in California heard the opening statements in a lawsuit alleging wrongful death at a casino in Bell Gardens. The incident dates back to 2022 when one casino patron, Jonathan Jung, passed away after being restrained by casino security at the Bicycle Casino. Family members of the deceased patron […]
Industry
June 19, 2024
Connecticut’s Gross Internet Casino Revenue Surged in May
The Connecticut Department of Consumer Protection has published its gross internet casino revenue report for May, highlighting a new record-breaking figure. As the state continued to be dominated by FanDuel and DraftKings, the regulator recorded total revenue of $46.3 million, up 41.3% year-on-year. For comparison, last May, the Connecticut internet casino industry reported revenue of […]
Industry
June 18, 2024
Ixia Capital Launches with Impressive Ambitions
Ixia Capital, a new venture capital fund and studio, has officially launched with a $20 million investment aimed at high-growth companies in gaming, esports, digital assets, and related technologies. Founded by partners with extensive firsthand experience in the iGaming industry, Ixia’s primary mission is transforming innovative ideas and technologies into profitable business ventures. The Company […]
