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Industry
December 13, 2023
Colorado Reports October Handle of $554.9M Underpinned by Mobile Betting
Colorado’s Division of Gaming has published data about the sports betting industry’s performance in October, reporting a total handle of $554.9 million. This figure notably represents a 5.4% month-on-month increase. Mobile wagering dominated the sports betting handle and was responsible for over $550 million of the total bets placed in the state. In the meantime, […]
Industry
December 13, 2023
AGCOM Fines Twitch and YouTube over 20,000 Gambling Videos
The AGCOM, Autorità per le Garanzie nelle Comunicazioni, has issued eye-watering fines to YouTube and Twitch, slapping them with €2.25 million ($2.45 million) and €900,000 ($970,000) respectively, Reuters originally reported. Alphabet and Amazon Targeted by Italian Media Watchdog The fine is unlikely to be left alone by Alphabet Inc. nor Amazon, the respective owners of […]
Industry
December 13, 2023
Brazil: Senate Greenlights Sports Betting, Turns Down iGaming
Brazil’s Senate has okayed regulated sports betting but did not approve iGaming. While the Senate approved the amendments to Bill 3,626/2023, online gambling did not appear on the bill. Originally supposed to take place in November, the vote was postponed on several occasions. Proposed by Senator Angelo Coronel, the approved version of the bill included […]
Industry
December 12, 2023
NY Mobile Betting Reports $2B in Handle for the Second Month in a Row
The New York sports betting market continues to post record-breaking monthly results. As reported by the New York State Gaming Commission, sports betting operators in the state recorded betting handle of $2.1 billion in November. This exceeds October’s spectacular results when the industry also exceeded $2 billion in bets, becoming the first state to surpass […]
Industry
December 12, 2023
Australia’s Government Faces Renewed Calls for a Gambling Ad Ban
Leigh’s recent statements aim to honor the late MP Peta Murphy, who recently passed away from cancer. Murphy was also a staunch supporter of a more comprehensive government effort to reduce problem gaming, such as national regulation, an online gambling ombudsman, a harm reduction levy on online wagering service providers (WSPs), and a public education […]
Industry
December 12, 2023
New Macau Bill Seeks to Ban iGaming and Outlaw Parallel Betting
Macau continues to crack down on illegal gambling and is planning to introduce a new ban on online gambling amid rising gambling-related crime rates. While online gambling has never been legal in the country, the current laws were introduced a long time ago and are already fairly outdated. Under a proposed new legislative bill, introduced […]
Industry
December 12, 2023
The Belmont Stakes Possibly to Run Twice at Saratoga
New York Gov. Kathy Hochul has already confirmed that the 2024 Belmont Stakes is headed for Saratoga Race Course, in a move that is designed to retain interest in horse racing and ensure that local horse racing aficionados do not skip a beat of the action. Saratoga Likely to Play Host to Belmont Stakes in […]
Industry
December 11, 2023
Stuart Andrew Expects the Statutory Levy to Go Live Next Summer
As per the white paper, the United Kingdom is planning to proceed with its plans to introduce the statutory levy. The country’s current gambling minister, Stuart Andrew, believes that the UK will be able to deliver it for summer 2024. For reference, the statutory levy is a measure that would force gambling operators to pay […]
Industry
December 11, 2023
FanDuel Accused of Lobbying against Gambling Protections for the Vulnerable
Documents obtained through a freedom of information request have exposed attempts by one of the United States’ largest online gambling operators to weaken rules aimed at protecting young and vulnerable individuals and addressing problem gambling. FanDuel, owned by the Dublin-based gambling giant Flutter Entertainment, allegedly lobbied against a proposed ban on specific words and phrases […]
Industry
December 8, 2023
BOS: Sweden’s New Gambling Tax Is a Gift to the Black Market
Sweden’s online gambling association, Branschföreningen för Onlinespel (BOS) is not happy with the government’s plan to increase the gambling tax. According to its general secretary, Gustaf Hoffstedt, this move would be a huge Christmas present to the black market. For reference, Sweden just proposed to raise its gambling tax from 18% to 22%. The new […]
