Industry News and Headlines
Industry
October 14, 2024
BGC CEO Unamused at Reported Gambling Tax Hike Proposal
Britain’s plans to introduce a tax hike do not sit well with the Betting and Gaming Council, which argued that the new proposals are based on “fantasy economics.” In an interview with gaming news outlet NEXT.io, CEO Grainne Hurst expressed her concerns about the mulled tax changes, saying they could harm the legal industry. Hurst […]
Industry
October 14, 2024
Macau’s First Mainland China-Born Hub Leader to Taper Off Gambling
Amid last week’s news of Macau hitting a record 1.1 million visitors during Golden Week, which commemorates the anniversary of the founding of the People’s Republic of China, the largest gambling hub in the world now has a new leader in the person of Sam Hou Fai. The 62-year-old, who is one of the province’s […]
Industry
October 14, 2024
Dealer, Player Convicted in Encore Boston Harbor Baccarat Cheating Scheme
Two men, involved in a cheating scheme at Encore Boston Harbor Casino received sentences on Friday, the Massachusetts Attorney General’s Office (AGO) revealed. An Investigation Led to the Sentencing of Two Men Involved in Cheating The cheating scheme case was handled by the AGO’s Gaming Enforcement Division assistant attorneys Joseph Posner and Brian Pearly. The […]
Industry
October 14, 2024
VGCCC Fines ALH with $177,500 for Allowing Underage Gambling
The self-proclaimed “leader in the hospitality industry” counting over 350 pubs in communities across the country, the Australian Leisure and Hospitality Group (ALH), has been slapped with a $177,500 fine after pleading guilty to 24 charges related to allowing minors to gamble, giving minors access to restricted areas, and improperly supervising electronic betting terminals. The […]
Industry
October 14, 2024
Labour Party Considers £3bn Tax Hike for Gambling Companies
The gambling sector in the UK is currently going through regulatory changes amid the government’s efforts to make the rules suitable for the digital age. While the changes are related to the White Paper following the review of the Gambling Act, a new report suggests some gambling operators may be affected by a tax hike. […]
Industry
October 14, 2024
Harrah’s Casino Attacker Awaits Sentencing After Guilty Verdict
A man who violently attacked his ex-partner while staying at Harrah’s Joliet Hotel and Casino in Illinois is awaiting sentencing. The case involves a 29-year-old man identified with the initials M.J. The young man faced a range of charges stemming from a violent incident that saw him throw punches against an ex-girlfriend and threatening a […]
Industry
October 11, 2024
Dutch Black Market Spending May Be Larger than Expected
Although the latest figures from the Dutch Gaming Authority revealed a drop in the number of players using illegal gambling sites, black market gambling in the Netherlands remains a persistent threat. The regulator’s newest report claimed that 95% of registered accounts now belong to regulated online operators. However, the amount spent by the remaining 5% […]
Industry
October 11, 2024
Harris Enjoys a Narrow Lead in Nevada as the Presidential Race Heats Up
Vice President Kamala Harris has pulled ahead in Nevada’s closely contested race, leading former President Donald Trump by a slim margin, according to the latest polling by Emerson College, KLAS, and The Hill. Harris took 48.1% of the vote, while Trump trails closely behind with 47.3%. With less than four weeks remaining before the election, […]
Industry
October 11, 2024
Disturbing Report Reveals Suicide Risk for Blackpool Gambling Addicts
According to an unsettling study released earlier this year, Blackpool is a city plagued by “deaths of despair,” a term that health experts collectively use to describe deaths related to drug abuse, alcohol, and suicide. Results of the disturbing study quoted the seaside town in Lancashire, England as the city with the highest rate of […]
Industry
October 11, 2024
Japan: Two Men Suspected in $1M Fraud, Gambling Linked to One
Two men are suspected of defrauding a company out of more than 100 million yen and at least one of them is suspected to have spent money on entertainment activities, including gambling. Fictitious Orders Result in Losses in Millions of Yen The criminal case is from Japan where a 51-year-old man identified with the initials […]