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Industry News and Headlines
Industry
May 28, 2024
Swedish Gambling Authority Fines Hacksaw and Panda Bluemoon
The authority that ensures the legality, safety, and reliability of the Swedish gaming and gambling market, the Swedish Gambling Authority (SGA), has issued a series of warnings and penalties to Hacksaw Studios and Panda Bluemoon for offering online games to unlicensed operators. SGA Deems Hacksaw’s Processes “Inadequate” Hacksaw has been slapped with a SEK2.6 million […]

Industry
May 28, 2024
Ukraine Issues Ban on Gambling Advertising Amid Harm Concerns
Ukraine’s government has opted to ban all gambling advertising in the country. The changes are outlined in resolution No. 583 and come amid an intense crackdown on the gambling industry. The resolution was adopted by the Cabinet of Ministers and aligns with the ongoing efforts to mitigate the negative impact of online gambling on the […]

Industry
May 28, 2024
Blackstone CEO Steve Schwarzman Confirms Support for Trump
Ahead of the US presidential election, Donald Trump, the famous billionaire and former President, received support from a fellow billionaire and chief executive of Blackstone Group, Stephen Schwarzman. The CEO, chairman and co-founder of Blackstone, the world’s largest alternative asset investment management company based in New York City, reaffirmed its support for Trump in an […]

Industry
May 28, 2024
Former Toronto City Official Suspected of Link with Illegal Gambling Ring
A former director of transportation operations and maintenance for the City of Toronto, Canada, is facing charges over his alleged participation in an illegal gambling ring. The man, identified with the initials K.P., was among 16 people, who were arrested back in April by law enforcement on suspicion of participating in an illegal bookmaking operation. […]

Industry
May 27, 2024
An AI Revolution May Forever Transform the Gaming Industry
Artificial intelligence (AI) is becoming a transformative force in the gaming industry, with companies like DraftKings, Light & Wonder, and Marriott leveraging the technology to enhance their offerings and operational efficiencies. According to Jefferies Equity Research analyst David Katz, these firms stand at the forefront of AI integration in gaming and hospitality. AI Can Significantly […]

Industry
May 27, 2024
Love Scam, Online Gambling Ring Leads to Arrests in Kuala Lumpur
Currently, all forms of gambling, including iGaming, are prohibited in Malaysia. Such tough regulations don’t come as a surprise for the Asia region where some countries that offer casinos may restrict the activity to foreigners only. But while online gambling is prohibited, any type of scam or fraud related to gambling is also unlawful, which […]

Industry
May 27, 2024
Report Highlights the Pros and Cons of Working at an MA Casino
A Massachusetts casino report shows that many gambling properties in the state are meeting their hiring goals in terms of diversity and veteran hiring. Despite that, the new Casino Job Quality report shows that there are still some outstanding challenges in terms of female employment and how much workers earn. The new study was […]

Industry
May 27, 2024
Mississippi Hotel Proposed to Shelter Immigrant Minors
The building of a hotel casino in Tunica County, Mississippi, may be used for the creation of a new “influx care facility,” that may serve as the home for up to 2,000 immigrant minors who are unaccompanied. The proposal was discussed last week, as announced by the news outlet WREG. The building that may be […]

Industry
May 27, 2024
New Bill May Require iGaming, Betting Companies to Change Data Policies
Across the United States, licensed betting and online gambling operators must comply with the regulatory framework established in each different state. While some rules match, others differ which makes compliance challenging, especially considering that there are nearly 40 states that currently offer legal betting. Now, a newly released draft proposal calls for the establishment of […]

Industry
May 27, 2024
US Military Slots Generate $100M Annually, Stirring Addiction Fears
The expansion of sports betting across the United States granted millions of Americans access to legal wagering. Concurrently, came concerns about the negative impact of excessive betting and potential gambling harm. While young adults are usually more susceptible to addiction and problem gambling, so are individuals who undergo heavy stress on a daily basis. According […]
