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Industry
April 9, 2024
Christchurch Venue Manager Admits Stealing $110K in Fake Grant Funds
A former sports director and gambling venue manager in Christchurch, New Zealand, is facing nearly 40 charges for allegedly stealing more than NZ$180,000 ($109,300) in gambling grants. The case involves a person with the initials M.C., who reportedly stole $182,761 ($111,000) in class 4 grants. The fraudulent activity, the Department of Internal Affairs (DIA) says, […]
Industry
April 9, 2024
Lawmakers’ Gambling Limit Plan Hits Roadblock with Dutch Banks
Amid the planned changes to the gambling regulations in the Netherlands, lawmakers in the country hit a snag. As a part of the overhaul of the market, the Dutch government seeks to implement gambling limits. This effort seeks to reduce the losses to gambling and also curb the rate of problem gambling. While that’s a […]
Industry
April 9, 2024
KSA Asks DigitalOcean to Stop Hosting Illegal Affiliates
The Kansspelautoriteit (KSA) announced that it has issued a cease and desist order to DigitalOcean, a provider of hosting solutions, asking it to stop providing services to illegal affiliate websites. Illegal online gambling affiliates have been a problem the Netherlands has been dealing with for a while as the KSA continues to protect the local […]
Industry
April 9, 2024
Lottoland Voices Concerns as Gambling Minister Shuns Meetings
Currently, there are major changes planned for the gambling sector in the United Kingdom. The government launched a review of its gambling regulations that resulted in a number of recommendations that ultimately seek to make the laws suitable for the digital age. But it is not only the UK that is considering changes as the […]
Industry
April 9, 2024
Reno Casino Attacker Sentenced to 41 Years in Prison
A man who attempted to murder his ex-girlfriend’s new boyfriend at a Nevada casino last summer was sentenced to 41 years in prison earlier this week. Honorable Judge Egan Walker, a former Carson City deputy district attorney, imposed the lengthy sentence. The severe penalty was requested by deputy district attorney Hunter Heidrich, who argued that […]
Industry
April 9, 2024
Belgium’s Strict Regulations May Be Counter-Productive
Belgium’s strict regulations might be having an adverse effect, according to concerned operators. According to Gaming1, a local gambling operator, stricter regulations alienate the players, pushing them to the more dangerous black market. Citing recent Nepa surveys, the company pointed out that more and more gamblers are leaking to the black market every year. Data […]
Industry
April 9, 2024
Singapore Bans People Receiving Legal Aid from Gambling
Singapore’s casinos will no longer grant access to specific individuals who are receiving criminal legal aid. The move marks the latest effort of the country to prevent abuse. Newly implemented regulations seek to ban people from gambling who are benefitting from legal representation via Singapore’s Criminal Legal Aid Scheme (Clas). Currently, the Criminal Legal Aid […]
Industry
April 9, 2024
Analysts Predict a Dynamic Few Months for the US Gambling Sector
Bank of America Global Research released an investor note on Monday, providing insights into the upcoming first-quarter earnings reports of major players in the gaming industry. Analyst Shaun Kelley highlighted key points, focusing on sports betting giants like DraftKings and ESPN Bet, as well as regional casinos. These insights provide a concise outlook into the […]
Industry
April 8, 2024
Ukraine: iGaming Operators Post Significant Increase in Revenues
In 2022, the same year when Russia invaded Ukraine in an unprecedented act of war, online casinos and betting operators in Ukraine reported UAH 1.94 billion ($50 million) in total revenue. A year later, their revenue skyrocketed more than 28 times, hitting nearly UAH 55 billion ($1.4 billion). Data released by the country’s service for […]
Industry
April 8, 2024
UK Gambling Commission Reveals Three-Year Corporate Strategy
The UK Gambling Commission published its new Corporate Strategy, outlining its plans for the next three years. In addition to vowing to continue its usual regulatory work, the authority made a series of commitments under several areas of strategic focus. These areas, according to the UKGC, include the use of data and analytics to improve […]
