Industry
March 7, 2024
Lithuania Considers Stricter Gambling Regulations
The Lithuanian Ministry of Finance is spearheading efforts to tighten regulations in the gambling sector, proposing amendments that would compel gambling companies to actively monitor individuals showing signs of gambling addiction or facing significant losses. Although the country faced difficulties tightening regulations in the past, its newfound political will should be sufficient to implement lasting […]
Industry
March 7, 2024
Australia: NT Government Plans Changes to Gambling Regulations
Currently, gambling is identified as a serious public health issue across Australia. Each month, hundreds of millions of Australian dollars are lost to gambling, making the yearly losses billions. While gambling is widely spread across the country, the government anticipates changes to the vertical that seek to curb problem and excessive gambling and restrict losses […]
Industry
March 7, 2024
IMF: Macau Economy to Return to Pre-Pandemic Levels in 2025
The International Monetary Fund (IMF) has published its outlook for Macau, projecting further recovery of its casino sector and overall economy. Gambling in the special administrative region was affected negatively by the COVID-19 pandemic and China’s Zero-COVID policy but is now on a firm path to recovery. According to the IMF, the recovering GGR will […]
Industry
March 7, 2024
UK Gambling Minister Participates in Gambling with Lives Parliamentary Forum
Last year, the UK government released a review of the Gambling Act 2005, the biggest reform of the country’s gambling regulations in nearly two decades. This strategic review ultimately seeks to ensure the establishment of effective regulations that combat gambling harm and prevent gambling addiction in a time when the popularity of online gambling continues […]
Industry
March 7, 2024
Suspect in $700,000 Michigan Tribal Casino Scam Arrested
A 43-year-old alleged scammer was arrested recently after a $700,000 casino heist at a tribal casino in Hartland, Michigan. The robbery at the Four Winds Casino in Hartford, a casino that is owned and operated by the Pokagon Band of Potawatomi Indians, dates back to last summer. The incident happened on July 30, 2023, when […]
Industry
March 7, 2024
IBIA Study: Liberal Betting Markets Have Better Channeling Rates
The International Betting Integrity Association (IBIA) has released its “The Availability of Sports Betting Products: An Economic and Integrity Analysis” study. Produced in partnership with H2 Gambling Capital, the study analyzes the upsides and downsides of strict and liberal market regulatory practices. Compiled by H2 Gambling Capital, the study uses IBIA data as a basis. […]
Industry
March 6, 2024
Ohio’s Sports Betting Handle Drops, Revenue Soars in January
The Ohio Casino Control Commission (OCCC) has published a report revealing that sports betting operators generated $113.1 million in January 2024, marking a 45.8% decrease compared to January 2023 and a 30% rise from December 2023’s figure. The Buckeye State’s sports betting market officially opened its gates to the public in January 2023, which is […]
Industry
March 6, 2024
EGBA Backs the European Union’s e-ID Standardization
The European Gaming and Betting Association (EGBA) expressed its approval of the European Union’s new digital ID laws. The new regulation, approved by the European Parliament on February 29, would introduce a standardized European Digital Identity (e-ID) process for citizens and businesses in EU member states. The new measure seeks to protect the privacy and […]
Industry
March 6, 2024
Full House Resorts Posts FY 2023 Results, Enters Inflection Point
American casino & hospitality company Full House Resorts unveiled a “new phase” for its business as it published its unaudited Q4 and FY 2023 results. Overall, Full House reported Q4 revenues of $60 million, representing a 66.4% year-on-year increase, primarily driven by its American Place property. Adjusted EBITDA for the period skyrocketed, reaching $7.3 million, […]
Industry
March 6, 2024
West Midlands Gamblers Are Exposed to Higher Risks of Harm
A new GambleAware study shows that people in the West Midlands are experiencing more harm than the rest of Britain. As reported by the BBC, the charity said that gamblers in the region are 25% more likely to struggle with their gambling habits. The latest figures show that approximately 168,000 adults in the region gamble […]
