Industry News and Headlines
Industry
August 5, 2024
New Jersey Lambasts Bet365 for Altering Odds, Orders It to Pay Out $519K to Players
The New Jersey Division of Gaming Enforcement (DGE) has ordered gaming and betting operator bet365 to pay out over $500K to dozens of bettors after revising its odds. The authority was unhappy with the fact that the operator made those changes without securing regulatory approval even if the original odds were errant. Bet365 Altered Wagering […]
Industry
August 5, 2024
Thailand Takes the First Steps toward Casino Resort Regulation
The highly anticipated move toward legalizing resort casinos in Thailand is taking form. The country has just unveiled a draft casino bill defining the regulatory framework for integrated entertainment venues with casinos. The draft bill, published on Friday, outlined how Thailand’s future casino regulatory body would look and what it would be responsible for. It […]
Industry
August 5, 2024
Macau Lawmaker Asks Gaming Ops for More Workforce Consideration
In a recent report, Macau lawmaker Leong Sun Iok and the country’s Federation of Trade Unions showed concern in connection to the mental and physical well-being and health of employees in the gaming industries. As per Macau news outlets, following these concerns, Leong is now asking the government to “promote the social responsibility of gaming […]
Industry
August 5, 2024
Brazil Enhances Gambling Advertisement Regulations
The Brazilian government has published new rules and provisions governing how fixed-odds betting businesses advertise their products, specifically concerning the use of social media influencers. The new requirements were introduced via Ordinance SPA/MF No. 1,231/2024 and represent another vital milestone in Brazil’s efforts to modernize its gambling market. Regulations Reflect Evolving Market Realities The new […]
Industry
August 5, 2024
Indonesia Bans Privacy-Focused Browser amid Gambling Concerns
Indonesia has reportedly banned the privacy-focused search engine DuckDuckGo over concerns that it could be used to access pornography and betting websites, both of which are illegal in the country. The move, announced by the communications ministry on Friday, is the latest step in the Southeast Asian nation’s push to police internet content and protect […]
Industry
August 5, 2024
Australia Considers Gambling Ads Cap Instead of Blanket Ban
Australia continues to mull over a ban on gambling ads. As the discussions continue, Anthony Albanese’s administration has reportedly proposed a cap on TV ads instead of an outright ban. Under a new measure proposed by communications minister Michelle Rowland, ads would be capped to no more than two adverts an hour on each TV […]
Industry
August 5, 2024
Diplomats Questioned About Casino at Uganda Embassy in Dubai
On July 24, Uganda’s Shadow Minister for Foreign Affairs, Hon. Muwada Nkunyingi, expressed concern and called for a complex investigation into allegations saying diplomats were running a casino in Dubai’s Ugandan Consulate. During the same statement, the minister said the misdeeds of the diplomats, which broke the laws of both the United Arab Emirates (UAE) […]
Industry
August 5, 2024
Hong Kong Police Crack Down on Triad Operations, Detain 119 People
More than 100 people, suspected of being involved in fraud, drug distribution, prostitution and illegal gambling were recently arrested by law enforcement in Hong Kong. The massive operation was conducted between July 21 and August 3 and resulted in the arrest of 119 suspects, South China Morning Post reports. The detainees were between the ages […]
Industry
August 5, 2024
French Police Nab Casino Fraudsters Using Camera and Earpiece
Two men accused of cheating were recently arrested at the Casino Barrière Enghien-les-Bains in Paris, France. Law enforcement said that the method used by the two men was unique and enabled them to win tens of thousands of euros per night in casinos all across Europe. Cheating on the casino floor is considered an offense […]
Industry
August 5, 2024
Sports Betting Legalization Impacts Credit Scores, Boosts Bankruptcies
A new white paper analyzing the impact of legalized sports betting across the United States uncovered a concerning trend. The study, completed by expert researchers with the University of California, Los Angeles (UCLA), Anderson School of Management and the Marshall School of Business – University of Southern California, reveals that easy access to sports betting […]