Industry News and Headlines
Industry
May 31, 2024
Scammer Screenshots Winning Snooker Slip, Robs Rightful Winner
After he learned that he had won £1,300 ($1,651) with a betting slip on the Snooker World Championship, 65-year-old David ‘DJ’ Gardiner was in owe. The bettor staked £100 ($127) on Kyren Wilson to win the Crucible Crown at odds of +1200. When Wilson eventually defeated Jak Jones on May 6, Gardiner decided to share […]
Industry
May 31, 2024
Safer Gambling Week to Kick Off on November 18, EGBA Confirms
The European Gaming and Betting Association (EGBA) has announced the official dates for this year’s European Safer Gambling Week, an industry event that celebrates and promotes responsible gambling. According to the association’s official announcement, this year’s European Safer Gambling Week will take place from November 18 to November 24, 2024. Companies within the industry are […]
Industry
May 31, 2024
SOFTSWISS Prime Network Jackpot Is Close to €500,000
The multi-purpose jackpot solution that introduces the Jackpot as a Service (JaaS) business model, SOFTSWISS Jackpot Aggregator, has announced that the Prime Network Jackpot was getting close to the €500,000 ($542,600) mark. Building on the Success of the Previous Campaign Following the success of its first network campaign, the Jackpot Aggregator went ahead and announced […]
Industry
May 31, 2024
BetDEX Exchange Celebrates Its Official Launch
BetDEX, the brainchild of Varun Sudhakar, co-founder of FanDuel, has officially launched, disrupting the sports betting industry. The launch of the decentralized betting exchange was officially announced by BetDEX Labs, which celebrated the occasion. BetDEX Labs describes its new exchange as a place for bettors who wish to wage at a great price with no […]
Industry
May 31, 2024
Swedish Court Lowers Sanction Levied against Mr Green
Sweden’s gambling regulator, the Spelinspektionen, announced that the Court of Appeal has lowered the sanction levied against Mr Green. The gambling operator was fined over anti-money laundering and social responsibility failings. The Spelinspektionen originally issued a penalty fee of SEK 1.5 million ($140,000) to Mr Green. The fine was handed to the gambling operator in […]
Industry
May 31, 2024
Study Suggests 73% of UK Gambling Industry Employees Like Their Job
Across the United Kingdom, thousands of people are employed by the gambling industry. Retail betting outlets and casinos provide a wide range of opportunities for workers in different parts of the country. At the same time, the expansion of online gambling paves the way for new remote job opportunities. Now, a new survey, published by […]
Industry
May 31, 2024
Charlotte Gambling Venue Hit by Robber, $10K Stolen
Crimes at casinos, including cheating, fraud or even robberies are not uncommon. But while casinos with big gaming floors have lots of on-site security and are unlikely to fall victim to robberies, this is not the case for small establishments. By all means, robbery remains a criminal act and is punished in the courts of […]
Industry
May 31, 2024
Las Vegas Sands’ Adelson to Back Trump’s Campaign
Dr. Miriam Adelson, the widow of the late Sheldon Adelson and the largest Las Vegas Sands stakeholder, will back Trump’s bid for the presidency, reports say. According to people familiar with the matter, Adelson will support the ex-president’s re-election effort via Preserve America, a super political action committee (PAC). Preserve America, which is dedicated […]
Industry
May 30, 2024
NY, NJ, MN Lose $9.5bn to a Flourishing Illegal Online Gambling Market
Despite robust regulations, illegal gambling remains a challenge across the United States. Although close to four dozen states offer legal betting, there are plenty of black market and unlicensed operators that continue to lure bettors and even online gamblers with promotions, odds and lucrative bonuses. A newly released report highlighted the gravity of the situation, […]
Industry
May 30, 2024
UK Gambling Reforms Face Uncertainty as Stuart Andrew Resigns
Rishi Sunak recently unveiled a snap election, much to the UK political sector’s surprise. As a possible leadership change looms, the gambling industry remains wary of the effect this change would have on the ongoing reforms. As if to add to the uncertainty, the UK gambling minister Stuart Andrew just announced his resignation. As of […]