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Industry
September 27, 2024
New AGA Research Highlights Surge in Responsible Gaming Investments
Recent research from the American Gaming Association (AGA) has found that the gaming industry is investing significantly more in responsible gaming than ever, reaching $471.8 million spent annually, a 72% increase from approximately $275 million in 2017. This new data, compiled by a leading international accounting firm, underlines the growing financial commitment of the industry […]
Industry
September 27, 2024
Norsk Tipping Slapped with $427K Fine in Norway
According to the Norwegian gambling regulator, the Lotteries and Foundations Authority, Norsk Tipping has failed to meet the standards set out by the Money Gambling Act. Norsk Tipping gets fined for overpaying a player The operator is said to have paid a player $2.25 million without sticking to due process. The player in question was […]
Industry
September 27, 2024
Bahawalpur Police Arrest 13,000 Offenders, Including 312 Gamblers
Bahawalpur Police have arrested a whopping number of 13,881 suspects in the last half a year, recovered stolen cash, and seized property with an estimated worth of more than Rs110 million ($1.31 million). The long list included 2,705 individuals with links to criminal advertisements as well as 365 court absconders and more than 300 gamblers. […]
Industry
September 27, 2024
NY Gambling Regulator Alarmed by Wynn, Resorts World Allegations
There is much anticipation regarding the three new downstate casino licenses New York is expected to award. Not unexpectedly, this will be a lengthy process, considering that the New York State Gaming Facility Location Board is expected to start accepting applications toward the end of June next year. NYSGC, Concerned with Two Potential Casino License […]
Industry
September 27, 2024
Court Orders Quavo to Pay $682K to Las Vegas Valet After a Slap
A famous rapper who was in a physical altercation with a valet in Las Vegas was recently ordered to pay a hefty sum as compensatory and punitive damages. Physical Altercation Results in Lawsuit The case involves Quavious “Quavo” Marshall, a famous American rapper who visited Encore Hotel and Casino in Sin City back in 2018. […]
Industry
September 27, 2024
DraftKings Settles SEC Charges Over Selective Information Sharing
DraftKings has settled with the US Securities and Exchange Commission (SEC) for $200,000 after facing charges about the selective sharing of private information through CEO Jason Robins’ social media accounts. DraftKings’ CEO Posts Spark SEC Concerns Over Unequal Investor Information The problem came from posts on Robins’ personal X (formerly Twitter) and LinkedIn profiles, which […]
Industry
September 26, 2024
Flutter Entertainment Forecasts Stellar Growth in Brazil
Flutter Entertainment, the world’s largest sports betting and iGaming company, addressed investors today with ambitious growth forecasts while announcing a $5 billion share buyback scheme. The buyback, scheduled to start after Q3 in November and which is expected to extend over the next three to four years, reflects the company’s confidence in its projected financial […]
Industry
September 26, 2024
NSW: Most Operators Are Compliant with the New RG Rules
Liquor & Gaming NSW has continued its regulatory efforts to ensure that local gambling properties are complying with the new harm minimization measures. Recent findings have demonstrated venues’ readiness to adopt the new requirements. NSW Inspectors Continue to Ensure the Rules Are Followed According to the NSW regulator, its inspectors have visited a total of […]
Industry
September 26, 2024
VTA Shooter Owed Victim Thousands in Gambling Debt
Earlier this week, we reported on the case of the Valley Transportation Authority (VTA) bus driver who was fatally shot by a coworker over an alleged gambling debt. On Wednesday, the suspect accused of the deadly shooting at VTA’s Chaboya Division Yard appeared in court for his initial arraignment. The 33-year-old is facing a murder […]
Industry
September 26, 2024
PA Man Who Assaulted Casino Winner, Shot by Victim’s Son
A Pennsylvania man who allegedly followed a woman to her home in an attempt to rob her of the money she was carrying after a recent casino visit has reached the Montgomery County Correctional Facility on a $250,000 bail. Robbery Attempt Stopped by Victim’s Son However, Khabir Shepard’s route into police custody did not follow […]
