Industry News and Headlines
Industry
November 18, 2024
Recent Report Warns of Public Health Risks from Online Gambling Boom
The growth of online gambling is causing concerns about public health, and experts are urging quick united action from governments worldwide. New Research Reveals Significant Risks and Financial Impact on Consumers A new study from The Lancet Public Health Commission points out that the quick growth of the gambling industry driven by easy online access […]
Industry
November 15, 2024
Spillemyndigheden Highlights Update to FATF’s Grey List
The Danish Gambling Authority (Spillemyndigheden) has called attention to the latest update published by the Financial Action Task Force (FATF). In the update, the intergovernmental body introduced, among other things, changes to its grey and black lists, adding new jurisdictions. FATF Updates the Grey List The FATF’s two lists outline high—risk jurisdictions with lax measures […]
Industry
November 15, 2024
Brazil Introduces Emergency Regulations
The Federal Supreme Court (STF) of Brazil has implemented stringent measures to prevent vulnerable individuals from the harms associated with the gambling industry. In a landmark ruling, the STF unanimously ratified an emergency directive by Minister Luiz Fux to prevent social welfare benefits from being spent on online gambling. The Measures Address Some Pressing Issues […]
Industry
November 15, 2024
E-Gaming Drove Strong Q3 GGR Growth in the Philippines
The Philippine Amusement and Gaming Corporation (PAGCOR) has published official data about the local gambling sector’s performance in the third quarter of the year. In its report, the authority outlined a stellar growth in GGR, which officials attributed to the ongoing modernization efforts. E-Gaming Growth Offset a Decline in Casino & Bingo As reported by […]
Industry
November 15, 2024
Everi Shareholders Give the Thumbs Up to Apollo Merger
Everi Holdings, a premier provider of content, products, fintech, player retention and bingo to the land-based and digital casino industries, announced that its shareholders have approved the company’s takeover by Apollo Global Management. Shareholders Favored the Deal At a special meeting of Everi stakeholders, investors voted in favor of the pending simultaneous acquisition of Everi […]
Industry
November 15, 2024
Netflix’s Mike Tyson vs Jake Paul Betting Banned in Some States
A stroke of genius for Netflix and a way to get a big fat paycheck for both Jake Paul, an influencer-cum-boxer and Mike Tyson, a boxing legend, who is well past his fighting prime, the upcoming fight due in several hours has caused quite a stir already. Either way, the bout is happening, offering outstanding […]
Industry
November 15, 2024
Netflix to Stream NFL Christmas Day Games, FanDuel to Provide Odds
Netflix may have pioneered on-demand streaming, or at the very least, it has become synonymous with it. After all, the phrase “Netflix & chill” was not born out of the blue. Now, though, the company is playing catch-up when it comes to offering sports streams, something that MAX, HBO’s streaming rival, has been one step […]
Industry
November 14, 2024
IAGR Enhances Board with Four New Trustees
The International Association of Gaming Regulators (IAGR), an organization that provides networking opportunities for the international community of gambling authorities, has enhanced its board with four new trustees. Four New Members Were Onboarded These new additions will help the association face the challenges offered by the ever-shifting regulatory landscape. The new appointees were unveiled during […]
Industry
November 14, 2024
Massachusetts Gaming Commission Unveils Official Seal of Approval
The Massachusetts Gaming Commission (MGC) unveiled its official seal of approval that licensed operators will brandish. The new addition aligns with the authority’s effort to promote legal and responsible gambling in the state. The Seal Will Mark Licensed Companies All MGC-licensed companies will now be required to display this seal on their digital platform. These […]
Industry
November 14, 2024
Banned Gambler Wins in Indiana Casino, Faces Charges
Cheating in casinos across the United States can have different consequences for the people who attempt it. Most of the time the sum lost to the unlawful activity is considered but a cheating attempt may result in further charges that depending on the state can be misdemeanors or even felonies. In one such criminal case […]