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Industry
May 29, 2024
bet365 and SGA Have Appeals Over 2021 Penalty Fee Rejected
Leading global betting brand founded in 2000, bet365, and the Swedish Gaming Authority (SGA) have had their appeals on a dispute originating in 2021 rejected by a Court of Appeal in Jönköping. Backstory On March 28, 2020, the sports betting brand that currently employs 7,000+ people and counts more than 90 million customers worldwide provided […]
Industry
May 29, 2024
Culinary Union Fails to Reach Definitive Deal with Virgin Hotels
The dispute between the Culinary Union and Virgin Hotels Las Vegas seems to be at a standstill as the two sides fail to define mutually agreeable terms. While the casino company recently offered a proposal, the union said that the terms were “unacceptable.” Virgin Hotels and the Culinary Union have been trying to reach an […]
Industry
May 29, 2024
Man Arrested After Fatal Shooting at Illegal Gambling Club in Bridgeport
A shooting at an illegal gambling establishment in Bridgeport, Connecticut, resulted in the arrest of one suspect. The shooting has taken the life of two people, while two others, who were also shot, survived. The incident dates back to March when police were dispatched to 1542 Stratford Avenue, where an illegal gambling club operated. In […]
Industry
May 29, 2024
MGC Fines Fanatics for Offering In-State College Bet
The Massachusetts Gaming Commission (MGC), the state’s gambling regulator, has issued a fine of $10,000 to Fanatics Sportsbook. According to the authority, the gambling company violated the state’s betting rules by allowing customers to wager on an in-state collegiate sports team. The bet in question was placed in December last year. The MGC learned that […]
Industry
May 29, 2024
Sweden: BOS Warns Tax Increase May Link to Rise in Problem Gambling
Ahead of the increase in the gambling tax rate in Sweden, a new report highlighted the potential negative impact of the change. The current tax rate of 18% is expected to increase to 22% for Swedish gambling operators effective from July 1, 2024. This change is expected to bring additional tax revenue but along with […]
Industry
May 29, 2024
Bitcasino.io Player Wins $5M Jackpot from Slot
A fortunate Bitcasino player has demonstrated the benefits of consistency, winning three big prizes over the course of the same week. After grabbing two smaller prizes, the player won a huge $3.2 million jackpot, taking their total winnings to over $5 million in USDT stablecoin cryptocurrency. The player won all three prizes playing the Gates […]
Industry
May 29, 2024
Appeals Court Rules against Torch Electronics’ Gambling Lawsuit in Missouri
Missouri is currently among several states that do not offer sports betting. Although supporters are proposing to put the matter up for a vote, the future of the activity remains uncertain. Still, Missouri residents and visitors can currently enjoy bingo, parimutuel wagering on horse races, casino gambling and lottery. In addition to the aforementioned activities, […]
Industry
May 29, 2024
Danish Gambling Authority Seeks Feedback on New Game Data Reporting Rules
Last week, Spillemyndigheden, the Danish gambling authority, announced an update to its game data reporting requirements. The changes are meant to be implemented by 2025. The proposal has been designed to improve upon the current methods of regulation within the country’s gambling industry for greater transparency and more accurate reports. Stakeholders Urged to Comment on […]
Industry
May 28, 2024
Raleigh High School Student Scores $1 Million Jackpot
An 18-year-old high school student from Raleigh, North Carolina, has turned a $10 lottery ticket into a $1 million jackpot, bringing an extraordinary windfall into his young life. This life-changing win was the latest in a series of high-profile jackpots in the Tarheel State this month, highlighting how fortune can strike when least expected. The […]
Industry
May 28, 2024
Court Revokes Spelinspektionen’s Cease Order against Zimpler
Zimpler, a provider of payment solutions, has successfully appealed an order from the Swedish regulator (Spelinspektionen) to stop providing its BankID services to unlicensed companies. The development follows an order issued in 2023. On July 6, 2023, the Spelinspektionen ordered Zimpler to cease providing BankID payment service solutions to gambling companies that are not licensed […]
