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Industry
March 28, 2024
Macquarie Maintains Positive Stance on US Gambling Market
In a recent report, analysts at Macquarie Equity Research have expressed a sense of cautious optimism regarding consumer behavior in the US gambling market. Despite some challenges faced in January, the analysts noted a return to more stable behavior among consumers during February and March. Macquarie Offers Insights from 9th Annual Consumer Bright Ideas Conference […]
Industry
March 27, 2024
UKGC Mandates Quarterly Regulatory Returns from License Holders
The UK Gambling Commission (UKGC) has announced a significant amendment to license condition 15.3.1, mandating that all license holders submit regulatory returns quarterly. This decision follows the UKGC’s Autumn 2023 Consultation on proposed Licence Conditions and Codes of Practice (LCCP) changes and represents a positive step towards improved gambling harm prevention. A Quarterly Approach Has […]
Industry
March 27, 2024
Massive Police Operation Mobilizes 400 Officers in Montreal
The gambling industry is often targeted by different crimes, including robberies, fraud and money laundering. While the sector continuously invests in prevention, such crimes are not uncommon. This is the case for regulated gambling operators who can become victims, while in the illegal industry, anything goes. With that in mind, law enforcement, especially across North […]
Industry
March 27, 2024
Melbourne Accountant Jailed Over Fraudulent Transactions
A 38-year-old accountant from Melbourne has been sentenced to six years in prison over a total of 239 fraudulent transactions that involved several popular musicians and restaurateurs in Australia. Over $2 Million Transferred From Clients’ Accounts The accountant was a partner and business manager at White Sky when he started transferring money that should have […]
Industry
March 27, 2024
CAMH Believes Ontario Should Further Restrict Gambling Ads
Canada’s Centre for Addiction and Mental Health (CAMH) believes that the Ontario government should protect public health by restricting gambling ads. In its latest Gambling Policy Framework document, the organization suggested that the government should limit the availability of games of chance, introduce obligatory safeguards and bolster gambling harm education and prevention. As reported by […]
Industry
March 27, 2024
ANJ Takes Action against Operators’ Anti-Consumer Terms
The Autorité Nationale des Jeux, France’s gambling regulator, continues its fight against anti-consumer practices. In its later crackdown, the ANJ evaluated operators’ terms and conditions to make sure that they didn’t allow them to limit bets without a valid reason. For reference, operators are only allowed to limit player bets in order to prevent problem […]
Industry
March 27, 2024
Online Gambling Bill Picks up Speed in Maryland
Unlike sports betting which is available in nearly 40 US states, only several states currently offer legal online gambling activities. Considering such activities are conducted through the internet, many Americans already play slots, live dealer and other iGaming titles online but use the services of operators who hold licenses in jurisdictions outside of the US. […]
Industry
March 27, 2024
New Jersey Legislators Eyeing Tax Hike on Online Casino Revenue
In a move that could significantly impact the landscape of online gambling in New Jersey, a state senator has proposed a substantial increase in the tax rate applied to online casino revenue. Sen. John F. McKeon’s proposal aims to boost the state’s coffers but is likely to face staunch opposition from within the gaming industry. […]
Industry
March 26, 2024
Mindway AI’s Innovative Solution Revolutionizes Responsible Gaming
In a groundbreaking move to promote responsible gaming practices, three prominent entities – Mindway AI, eCOGRA, and CasinoReviews—have united to launch the innovative “Bet on Awareness” campaign in honor of Problem Gambling Awareness Month (PGAM). The companies join other high-profile industry stakeholders to reduce problem gambling by ensuring players can access better gaming harm prevention […]
Industry
March 26, 2024
Spelinspektionen Fines Svenska Spel $9.5M for Failures
Svenska Spel Sport & Casino, which is the online branch of the state-owned Swedish gambling operator, has been fined SEK100 million ($9.5 million) for several failings related to player duty of care. Improper Player Safeguards, Says the Regulator The penalty fee resulted at the end of an investigation that took place between October and December […]
