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Industry
April 25, 2024
UK MPs Discuss KiX, Vow to Prevent Another Football Index Situation
The UK parliament has discussed KiX, a controversial new soccer trading platform. While bearing some similarities to the failed Football Index platform, KiX says that its predecessor was merely a “proof of concept.” For context, the Football Index was a platform similar to a stock market. Instead of stock, however, players dealt with wagers on […]
Industry
April 25, 2024
EU’s Anti-money Laundering Efforts Strengthened with New Rules
Newly approved anti-money laundering (AML) rules will safeguard the Old Continent from such criminal activities. On Wednesday, the European Parliament confirmed that it has approved a new package of AML rules applicable to the European Union. The new rules, as explained by the EP, seek to ensure “people with a legitimate interest, including journalists, media […]
Industry
April 25, 2024
Gaming Companies Should Be Vigilant as DDoS Attacks Increase, NETSCOUT Says
NETSCOUT, a provider of digital business services against disruptions in availability, performance, and security, has published its DDoS Threat Intelligence Report for 2023. The report highlights the dangers distributed denial-of-service attacks pose to the digital landscape. NETSCOUT reminded readers that DDOS attacks are not a hypothetical scenario but a real and growing threat. In 2023 […]
Industry
April 25, 2024
Lawmakers in Alabama Continue Gambling Proposal Debate
A proposal calling for the expansion of gambling activities across Alabama has been gaining traction recently. House Bill 151 (HB 151) calls for the legalization of sports betting, expansion of gambling and the establishment of a lottery. While both Democrat and Republican lawmakers showed support for the proposal, there are still points on which they […]
Industry
April 24, 2024
Melco CEO Wants Multi-Trip Visa Between Hengqin and Macau
In 2023, the operator of prominent Macau-based properties like Altira, City of Dreams, Studio City, and Morpheus, Melco Resorts & Entertainment, launched the Studio City phase, thus expanding one of its most lucrative venues counting 900 luxury rooms. Following the ongoing development of the company as well as the industry as a whole in the […]
Industry
April 24, 2024
New Study Unveils the Evolving Habits and Preferences of US Bettors
YouGov, a global research and data analytics firm, has released its highly anticipated US bettor research report, offering comprehensive insights into the behaviors and preferences of American sports bettors. The company is well-renowned for its in-depth studies, offering accurate insights that help various industry stakeholders predict new developments and adapt to user preferences. Trends Highlight […]
Industry
April 24, 2024
Bulgaria Mulls over Gambling Ad Ban
Bulgarian MPs have proposed new changes to the country’s Gambling Act several weeks after shooting down a proposal that sought to reduce problem gambling via changes to the gambling advertising regulations. The latest proposal, sponsored by GERB-UDF and the Movement for Rights and Freedom (MRF/DPS), seeks to introduce a blanket ban on gambling ads. The […]
Industry
April 24, 2024
iGB and Sportingtech to Release Their First LatAm Gaming Report
The Clarion Gaming-owned gambling news outlet, iGaming Business (iGB), announced a strategic collaboration with the award-winning iGaming platform that provides innovative gaming solutions for operators across the globe, Sportingtech. The new partnership, announced Wednesday, sees the duo join forces for the release of the first iGB LatAm gambling report. The comprehensive report is expected to […]
Industry
April 24, 2024
Gambling Addict Imprisoned for Theft That Left Coworkers Jobless
A gambling addict who was found guilty of fraud by abuse of position and the theft of £186,000 ($231,000) in cash from his employers was sent to six years in prison. The sentence was formulated by the Liverpool Crown Court following the suspect’s trial. He was jailed on April 22 for several thefts that he […]
Industry
April 24, 2024
Former Star CEO Cooke Addresses Sydney Casino License Inquiry
The second inquiry into license suitability for The Star Sydney, one of the properties of the leading Australian casino entertainment company, Star Entertainment Group, is currently ongoing. The inquiry into The Star Sydney followed a massive probe into the company’s operations that uncovered a range of deficiencies. As the discussions about The Star Sydney’s license […]
