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Industry News and Headlines
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 […]

Industry
April 3, 2024
Romania Appoints Hairstylist as National Gambling Office VP
Romania’s prime minister, Marcel Ciolacu, has appointed Cristian-Gabriel Pascu as the vice-president of the National Gambling Office (ONJN). The decision made by the government’s head at the recommendation of the Ministry of Finance has already sparked a lot of controversy in the gambling industry as soon as the official announcement was published in the government […]

Industry
April 3, 2024
Bulgaria: Parliament Turns Down Gambling Ad Restrictions
A draft, proposing changes to the gambling regulations in Bulgaria was recently rejected by the country’s majority in Parliament. The draft called for changes to the Gambling Act in the country in an effort to reduce problem gambling and gambling harm. The rejected draft proposed the implementation of changes to the gambling advertising regulations in […]

Industry
April 3, 2024
Massachusetts’ Lottery and Online Betting Recorded Suboptimal Revenues in February
Massachusetts’ State Lottery has suggested that the online sports betting sector is hurting its revenue but the latter vertical’s figures show that this might not be the full picture. The Lottery Seeks to Go Online The Massachusetts State Lottery is seeking to launch online lottery options in order to remain competitive amid the growing popularity […]

Industry
April 3, 2024
Ukraine Considers New Restrictions for Online Gambling
On February 24, 2022, Russia invaded Ukraine in what can only be described as an unprecedented act of war. This invasion became the largest attack on a sovereign European country ever since World War II. The war resulted in the displacement of millions of Ukrainians and the death of civilians and military personnel. While the […]
