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Industry
March 29, 2024
Atlantic City Hotel Room Price Lawsuit Receives Federal Support
A lawsuit against leading gaming and hospitality operators in Atlantic City, New Jersey, reportedly received support from a couple of federal regulators. The legal action claims casino-hotel operators engaged in anticompetitive actions regarding hotel room rates which have been increasing since 2018. The lawsuit was initially filed by a couple of tourists in May 2023. […]
Industry
March 28, 2024
Vince Vaughn and Al Pacino Return to Vegas for High-Profile Shoot
Public records reveal that an upcoming movie starring Vince Vaughn and Al Pacino is applying for tax incentives ahead of filming in Las Vegas next month. “Easy’s Waltz” is set to be directed by Nic Pizzolatto, the creator of “True Detective,” marking his feature directorial debut. Alongside Vaughn and Pacino, Kate Mara and Simon Rex […]
Industry
March 28, 2024
Italy’s MEF Discussing Upcoming Changes with Regional Execs
At the start of the year, Italy announced it was determined to revamp its gambling regulations by giving the green light to a new decree that would substantially revise all gambling laws in the country and adjust them to the current trends. Now, Italy’s Ministry of Economy and Finance (MEF) has announced it has initiated […]
Industry
March 28, 2024
Sweden Bans Three Gambling Companies, Including Two Skins Betting Brands
Sweden’s gambling regulator, the Spelinspektionen, announced that it has taken action against three gambling operators. As announced, the authority has banned two companies that operated without a license and a company that, in addition to lacking the necessary license, actively promoted its content to Swedish audiences. According to the Spelinspektionen, two of the banned companies, […]
Industry
March 28, 2024
North Carolina Posts $200M in Handle in the First Week of Betting
The recent launch of online sports betting in North Carolina is proving to be a success. Statistics from the Tar Heel State show that almost $200 million has been wagered in the week following the launch. The preliminary online betting figures were disclosed by the North Carolina State Lottery Commission, which said that NC bettors […]
Industry
March 28, 2024
US Legal Sports Betting Sector Generates More than $5bn in Taxes
The expansion of sports betting across the United States started back in 2018. At the time, the US Supreme Court ruled the Professional and Amateur Sports Protection Act (PASPA), a law that restricted betting to only a few states, unconstitutional. Since then, for five years, the legalization of betting has been rapidly expanding across the […]
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 […]
