Industry News and Headlines
Industry
June 5, 2024
Fruit Seller Pleads Not Guilty to Chips Theft from Genting Casino
A seasonal fruit trader was recently charged over alleged theft from Genting Highlands Berhad dating back to October this year. The case involved a 45-year-old man with the initials L.K.K., who was accused of breaking into a casino belonging to the company and stealing chips, The Star reports. The suspect faced charges along with three […]
Industry
June 5, 2024
Allwyn Parent KKGC Cuts Ties with Russia
KKGC, an investment fund owned by Czech billionaire Karel Komárek, announced its intentions to cut its ties with Russian energy corporation Gazprom. This would mean that Allwyn, one of KKGC’s subsidiaries, will no longer have indirect ties with Russia. Allwyn took over the UK National Lottery recently after being selected as Camelot’s successor by the […]
Industry
June 5, 2024
Safer Gambling Week Prompted Increased SG Tool Usage
Britain’s Betting and Gaming Council announced that a record-breaking number of bettors are now using the safer gambling tools available to them. The BGC attributed the increase to the success of the Safer Gambling Week initiative. According to the BGC, the number of deposit limits set during last year’s SG Week increased by a massive […]
Industry
June 4, 2024
Spain’s GGR Soars in Q1 as Interest in Gaming Grows
Spain’s gambling market continues to grow, as demonstrated by the local regulators’ latest GGR figures. In its report for the first quarter of 2024, the Directorate General for the Regulation of Gambling (DGOJ) highlighted gross gaming revenue of approximately EUR 350.7 million ($381.5 million). The reported figure notably represents an 11.2% increase compared to Q4 […]
Industry
June 4, 2024
Sweden’s Regulator Launches Campaign Aimed at Young Adults
On 3 June, the Swedish Gambling Authority (Spelinspektionen) unveiled its latest initiative, “With Your Future at Stake,” a campaign designed to address the growing issue of gambling harm among young adults aged 18-25. The campaign aims to raise awareness about the consequences of unhealthy and risky gambling behaviors, channel users toward regulated offerings, and inform […]
Industry
June 4, 2024
Gaming Analyst Warns Illinois Tax Hike Will Have Consequences
According to Brendan Bussmann, a gaming industry consultant who is a managing partner at B Global, increased taxes on online sports betting in Illinois may cause other states to do the same, which could ultimately ruin the product and send gamblers to offshore sites. Illinois Tax Hike Sparks Concerns of Contagion Across US States In […]
Industry
June 4, 2024
Chicago Man Employed by Sweepstakes Operator Sentenced to Federal Prison
A man from Chicago, Illinois, who was employed as a salesperson for an electronic sweepstakes kiosk operator, was recently sentenced to a year in federal prison over tax evasion. The case involves a 32-year-old male with the initials N.D., from Des Plaines, Illinois, who previously filed lawsuits against women from a Facebook group called “Are […]
Industry
June 3, 2024
Spillemyndigheden Revises AML and CFT Guidance
The Danish Gambling Authority (Spillemyndigheden) announced that it has published a revised version of its Guidance on the Prevention of Money Laundering and Financing of Terrorism. The updated guidance, the regulator said, is meant to supplement the Danish Financial Supervisory Authority’s (Finanstilsynet’s) Guidance on the Act on Preventive Measures against Money Laundering and Financing of […]
Industry
June 3, 2024
Couple Wins £1M EuroMillions Jackpot, Refuses to Quit Day Jobs
Graeme and Katherine White, a UK couple from Cambridgeshire, are the latest lottery millionaires after scoring a life-changing £1 million ($1.27 million) EuroMillions jackpot. However, in a remarkable show of dedication, they have decided not to quit their day jobs in the police service and will attempt to avoid the pitfalls that come with sudden […]
Industry
June 3, 2024
Netherlands to Introduce Affordability Checks, Enhanced Duty of Care
The gambling regulator in the Netherlands, Kansspelautoriteit (KSA), published important changes to the country’s Responsible Gaming Policy Rules. The changes are expected to come into force a few months from now and seek to strengthen the rules related to player protection and responsible gambling. In particular, the KSA said that under the new rules, that […]