Industry News and Headlines
Industry
July 3, 2024
Danish Regulator Gains Enhanced Powers via Legislative Update
The Danish Parliament has adopted significant amendments to the Act on Gambling aimed at bolstering the regulatory powers and effectiveness of the Danish Gambling Authority (DGA). The changes, effective from 1 July 2024, mark a substantial shift in the authority’s ability to combat illegal activities and enhance transparency within the gambling sector. A Powerful Regulator […]
Industry
July 3, 2024
NZ Gambling Support Charity Warns iGaming Impacts Children
The popularity of mobile betting on sports and online gambling activities continues to grow across the globe. With smartphones in every pocket, gambling online has never been easier, even in jurisdictions that do not permit sports wagering or online casinos. Besides posing a risk of excessive spending, the online gambling sector impacts not only adults […]
Industry
July 3, 2024
Las Vegas Strip Faces Room Shortage, Leading to Higher Hotel Rates
Recent analysis suggests that the expected closure of The Mirage and Tropicana hotels is expected to have a drastic effect on room rates within the Las Vegas Strip. According to John DeCree, who is CBRE’s director of equity research, the rooms being taken out of circulation will act as a catalyst for earnings growth among […]
Industry
July 3, 2024
Google to Expand Ad Policy for DFS and Lottery Couriers in the US
Beginning July 15, 2024, Google will permit advertising of daily fantasy sports (DFS) and lottery courier services in many states across the United States according to an update made by the company to its Gambling and Games policy. Lottery Courier Services Get Green Light to Advertise in 34 States Under the new rules, DFS operators […]
Industry
July 2, 2024
NSW Implements Harm Minimization Measures across Pubs and Clubs
The government of New South Wales has officially implemented new gambling harm minimization measures, in line with its ongoing efforts to mitigate the problem gambling rates in the state. The new rules apply to pubs and clubs across NSW, which must now comply with a variety of new measures designed to support people at risk […]
Industry
July 2, 2024
Portugal’s iGaming Trade Association Files Complaints against Influencers
The Portuguese Online Betting and Gaming Association (APAJO) has announced it filed criminal complaints against social media influencers who allegedly promoted unlicensed gambling to their respective audiences across the country. In its complaint, the association claimed that several social media influencers with a combined audience of nearly 3 million, were involved in the marketing and […]
Industry
July 2, 2024
Sweden Implements Gambling Tax Hike to the Industry’s Dismay
On July 1, Sweden has officially increased its gambling tax in spite of the industry’s claims that such a measure would be counterproductive. Originally introduced in 2019, the 18% tax on gambling profits has been replaced with a 22% tax, in line with Sweden’s ongoing reforms. As mentioned, the gambling industry isn’t thrilled about the […]
Industry
July 2, 2024
German Regulator Reflects on the State of the Industry
German regulator Gemeinsame Glücksspielbehörde der Länder (GGL) marked its third anniversary by presenting its 2023 activity report during a recent press conference. CEO Ronald Benter highlighted the authority’s significant achievements, including the successful transition of many formerly illegal gambling operators to the legal market under GGL supervision. High Channelization Bolstered the Legal Market The GGL’s […]
Industry
July 2, 2024
Shocking New Details Revealed in Las Vegas Escort Murder Case
A violent crime that has taken place at a hotel room at Palms Casino Resort in Las Vegas, Nevada, has claimed the life of one sex worker. Although the crime itself took place early in June, the victim passed away on June 21. Now, a newly released report releases chilling details regarding the brutal murder […]
Industry
July 2, 2024
Buenos Aires Suspends Issuing Online Casino Licenses
The Autonomous City of Buenos Aires, Argentina, announced it has decided to stop issuing online casino licenses amid mounting concern about underage gambling. The City of Buenos Aires launched its iGaming market back in 2020. At the time, the gambling regulator, LOTBA, permitted the expansion of online gambling activities across the city, paving the way […]