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Industry News and Headlines
Industry
April 8, 2024
Minnesota Senator Bets of Safety as Online Wagering Discussions Continue
Lawmakers in Minnesota are trying to get mobile sports betting legalized in order to capitalize on the explosive growth of wagering across America. While measures have advanced in both the House and Senate, the future of online betting in the state remains uncertain. As legalization struggles to make strides, Senator John Marty proposed a bill […]

Industry
April 5, 2024
Gambling Addiction Hotlines Witness Rise in Calls amid US Betting Surge
The expansion of sports betting has been ongoing for less than a decade and now more than half of the US states offer the popular activity. The statewide expansion of betting granted sports fans and bettors alike options for legal wagering on sports. This resulted in a decrease in the number of people who use […]

Industry
April 5, 2024
Gambling Addict Jailed Over Cocaine Import Attempt
28-year-old gambling addict K.C. who was involved in a failed attempt to import 2.4 tons of cocaine worth around $100 million into Perth, Western Australia (WA) as part of a large-scale drug operation, has received a jail sentence of over 14 years. WA Police Was Tipped Off In January 2023, the Sydney-based player flew to […]

Industry
April 5, 2024
Dominican Republic Prepares to Re-Regulate iGaming, Blacklists Operators
The Dominican Republic has blacklisted dozens of operators as it prepares to re-regulate gambling. In line with this, the Caribbean nation announced its intention to bar unlicensed companies from operating in the country. Several days ago, the Dominican Republic’s minister of finance, Jose Manuel Vicente, signed resolution 136-2024, providing a new regulatory framework for online […]

Industry
April 5, 2024
Spillemyndigheden Issues Orders, Reprimands SkillOnNet
Spillemyndigheden, the Danish Gambling Authority, tasked with the regulation of the gambling sector in the country, announced it issued reprimands and orders against one gambling operator. Earlier this week, the Authority revealed that it issued three orders to SkillOnNet. The orders came after the gambling regulator uncovered that the licensee breached the rules for anti-money […]

Industry
April 5, 2024
AGCO Says Over 86% of Ontarians Use Regulated Sites
As Ontario’s regulated market for sports betting and online gaming was busy celebrating its second anniversary on Thursday, the Alcohol and Gaming Commission of Ontario (AGCO) and iGaming Ontario took the opportunity to release a fresh IPSOS study. The results of the study that was conducted in February showed that 86.4% of Ontarian players had […]

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 […]
