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Industry
April 5, 2024
Florida Greenlights the Use of Gambling Compact Money for Environmental Projects
Florida Governor Ron DeSantis has greenlit the use of gambling money for environmental projects. By signing SB 1638 into law, DeSantis ensured millions of dollars for a wide range of programs, including the removal of invasive species and the creation and maintenance of a state wildlife corridor. Under SB 1638, the state will provide annual […]
Industry
April 5, 2024
FanDuel Contemplates Acquisition for Nevada Expansion
Currently, FanDuel and DraftKings are at the helm of sports betting across the US. The two hold a significant share of the betting market and are undoubtedly leaders when it comes to sports betting in many states. Despite their solid presence across the country, neither DraftKings nor FanDuel has a presence in Nevada, the home […]
Industry
April 5, 2024
JPM: FanDuel Targets Future Growth, Regrets Insufficient Past Investments
JMP Securities analysts said that FanDuel regrets not investing more in customer acquisition, according to a NEXT.io report. Representatives of the investment group met with FanDuel executives over dinner, discussing a number of relevant topics. FanDuel Believes It Should Have Invested More in Acquisition As reported, FanDuel’s chief financial officer, David Jennings, and Flutter’s director […]
Industry
April 4, 2024
More than 100K People Used GambleAware’s Self-Assessment Tool
The leading independent charity and strategic commissioner of gambling harm education, prevention, early intervention, and treatment across Great Britain, GambleAware, has reported a boost in the number of individuals seeking support for gambling harms. The decision comes after engaging with a series of prevention initiatives, according to fresh data from the body, with emphasis on […]
Industry
April 4, 2024
Yaspa Bags Grant to Develop Safer Gambling Platform
The award-winning fintech that uses Open Banking to provide payment and verification services, Yaspa, has announced it has received a government grant from Innovate UK, a national innovation agency. The latter is a sub-division of UK Research and Innovation, which is a government-funded body that invests £8 billion ($10.1 billion) of taxpayer’s money into different […]
Industry
April 4, 2024
UKGC Hits bet365 with $740K Fine over AML, Social Responsibility Breaches
The UK gambling regulator, the Gambling Commission (UKGC), announced that bet365 was the latest operator hit with a settlement due to regulatory breaches. On Thursday, the gambling regulator confirmed that the leading betting and gaming company is subject to a £582,120 ($737,234) monetary sanction. The hefty settlement comes after the Commission uncovered social responsibility failures […]
Industry
April 4, 2024
Dutch iGaming GGR Growth Is Slowing Down, KSA Says
The Netherlands’ gambling regulator, the Kansspelautoriteit (KSA), has published data about the legal iGaming industry’s performance in 2023. According to the authority, the gross gaming revenue of licensed operators increased, although the growth rate slowed down compared to the previous year. In 2023, the total GGR reached EUR 1.39 billion ($1.51 billion), up from EUR […]
Industry
April 4, 2024
Michigan Authorities Clamp Down on Illegal Gambling Operations
Michigan’s gaming watchdog, the Michigan Gaming Control Board (MGCB), has reaffirmed its commitment to eradicating unregulated casino-style gambling machines from local businesses and dismantling illicit gambling rings. Michigan’s Crackdown on Unlicensed Gambling Protects Consumers Under Michigan law, gambling is strictly regulated and confined to licensed casinos, making any unauthorized gambling activity illegal. The proliferation of […]
Industry
April 3, 2024
Clark County Reaches Vital Milestone on 1 October Memorial Project
The Clark County Commission has taken a significant step forward in its 1 October Memorial project by designating the non-profit Vegas Strong Fund to oversee fundraising, design, and construction. This decision follows a comprehensive effort by the 1 October Committee, which concluded last summer after gathering extensive input from victims’ families, survivors, and the broader […]
Industry
April 3, 2024
Couple Arrested in Boulder City for Mistreating Dozens of Animals
Boulder City Police Department made a startling discovery on Friday when they pulled over a car with a broken taillight near Nevada Way and Juniper Way. Inside the vehicle, officers found 51 guinea pigs and rabbits, 11 of which were already dead, according to city officials. A subsequent raid on the suspects’ dwelling revealed even […]
