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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 […]
Industry
April 8, 2024
Netherlands’ NOGA Regrets the Declining Channelization Rates
“It’s a shame how often Dutch players choose illegal casinos,” the Netherlands Online Gambling Association (NOGA) said as the country recorded a decline in its channelization rate. Whereas 93% of players preferred playing with legal operators in July 2023, only 90% of them did so in December. The decline was outlined in the Kansspelautoriteit’s latest […]
Industry
April 8, 2024
Victoria Implements Tougher Standards for Sportsbook Player Statements
Several years ago, the gambling regulator in Victoria, Australia, the Victorian Gambling and Casino Control Commission (VGCCC), initiated a review of the monthly statements provided by betting operators in the jurisdiction. Last summer, the gambling watchdog issued an Activity Statement Expectations Guide and requested feedback from the licensees. Implementing changes to the way operators present […]
Industry
April 8, 2024
UKGC Investigates Gambling Company Alleged Exploitation of Cancer Patient
An investigation by the UK Gambling Commission is underway concerning the actions of high street slot machine operator Merkur, following allegations of exploiting a vulnerable customer. This development has cast a shadow over the company’s expansion drive in the UK. Merkur Under Investigation After Vulnerable Customer Suffers Significant Losses at Stockport branch Merkur, a German-owned […]
Industry
April 8, 2024
New York Sports Betting Sees Resurgence with $41.9M in Weekly Revenue
New York’s sports betting scene experienced a remarkable turnaround in the final week of March, with the New York State Gaming Commission reporting a substantial $41.9 million in adjusted gross revenue (AGR) from mobile operators. This figure marked a significant increase from the previous week, as the collective hold surged to 9.2%, up by over […]
