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Industry
July 8, 2025
New Report Argues $14.1B Societal Impact from Gambling
The Victorian State Government has issued a new report in which it tried to empirically define the societal harm incurred because of the gambling industry in the current regulatory framework. Victoria’s New Study Highlights Economic Costs of Gambling Harm According to the study, which was funded by the Victorian Responsible Gambling Foundation (VRGF) and involved […]
Industry
July 8, 2025
Trump’s Gambling Tax Cap Draws Divided Opinions
Rep. Dina Titus is leading a legislative effort to repeal a controversial tax provision buried in President Donald Trump’s sweeping new fiscal package. Her newly proposed legislation aims to challenge Section 70014 of the recently enacted One Big Beautiful Bill Act, which limits the deductibility of gambling losses to 90% of winnings. However, some analysts […]
Industry
July 7, 2025
EGBA Is Set to Change Anti-Money Laundering Guidelines
The European Gaming and Betting Association (EGBA) is set to introduce an updated version of its anti-money laundering (AML) guidelines in 2026, building on insights gained from the submission and review of its second annual AML report. EGBA to Update Anti-Money Laundering Guidelines Next Year Originally published in March 2023, the guidelines offer practical, sector-specific […]
Industry
July 7, 2025
Singapore Regulator Fines 9 Financial Orgs Over AML Lapses Related to Gambling
Singapore’s Monetary Authority of Singapore (MAS), has imposed a total fine of S$27.45 million ($21.45 million USD) on nine financial institutions for anti-money laundering (AML) lapses connected to one of the country’s biggest-ever money laundering cases. Singapore Regulator Fines Several Institutions Over AML Failures According to the MAS, the financial institutions involved failed to enforce […]
Industry
July 7, 2025
Australian Doctors Want Influencers to Stop Glamorizing Pokies
Physicians in Australia have called on lawmakers to act decisively and restrict social media content that is pushed onto citizens by influencers and that specifically puts poker machines on a pedestal, suggesting that they are risk-free and safe to play by anyone. Gambling Ads in Australia Are Getting Out of Hand This is misleading, Australian […]
Industry
July 7, 2025
AGA Applauds Trump’s Tax Bill Despite Uproar from Gamblers
The American Gaming Association (AGA) has faced fierce criticism from the broader gambling community after it publicly supported President Donald Trump’s controversial tax legislation, the One Big Beautiful Bill Act (OBBBA). The newly enacted law contains a provision that limits the deductibility of gaming losses, a change that means many bettors could face tax obligations […]
Industry
July 7, 2025
Bulgarian Psychologist Says Ads Encourage Minors to Gamble
Bulgarian psychologist Desislava Bezinska has spoken on the country’s struggles with problem gambling. Among other things, she addressed the prevalence of untargeted ads and the damage that gambling harm causes. Bulgaria’s Gambling Problems Started with COVID In an interview with Bulgarian news outlet Capital, Bezinska talked about her experience with people suffering from gambling addiction. […]
Industry
July 6, 2025
Isle of Man GSC Fines Celton Manx for AML Violations
The Isle of Man Gambling Supervision Commission (GSC) announced that it has penalized Celton Manx Limited due to AML failings. Due to the severity of the violations, the operator will have to pay a significant fine. The GSC Uncovered Systemic Violations According to the announcement, the GSC, which is tasked with protecting the Isle of […]
Industry
July 6, 2025
Macau Contemplates Axing Gambling Ads
Macau continues its efforts to diversify its industry and end its historic dependence on gambling. As these efforts progress, lawmakers are considering a ban on gambling ads. Macau Wants to See How the Public Feels Macau’s Economic and Technological Development Bureau has launched a formal public consultation into the matter to see how the public […]
Industry
July 3, 2025
WalletHub Names Las Vegas Best City to Celebrate the Fourth of July
With the Fourth of July just around the corner and Americans starting to plan their summer celebrations, Las Vegas has claimed the top spot on personal finance website WalletHub’s 2025 list of the best places to celebrate Independence Day. Las Vegas Ranked Top for Spending the Fourth of July With consumers expected to spend heavily […]
