Industry
January 30, 2024
Sportradar Says Alpha Odds Improved Clients’ Profits by 10%
Sportradar released a new update on the performance of its Alpha Odds tool, announcing that it has boosted clients’ profits by an average of 10% in 2023. For reference, Alpha Odds is an automated odds recalculation tool which allows gambling companies to generate bespoke betting prices that take their risk exposure and liabilities in mind. […]
Industry
January 30, 2024
Kindred Secures Access to Stats Perform’s RunningBall and Opta Solutions
Kindred announced that it has secured a new extensive agreement with sports data and analytics specialist Stats Perform. This will provide the former company with access to the latter firm’s RunningBall and Opta product suites and includes comprehensive, real-time official sports data feeds and statistics. According to Kindred, the new deal will allow it to […]
Industry
January 30, 2024
Hawaii Considers Limited Online Gambling Legalization in 2024
Hawaii has made an unexpected entry into the US online gambling discourse as a new bill offers to implement a limited form of online gambling in 2024. Despite not being a likely candidate for gambling expansion, Senator Ronald D. Kouchi has introduced bill SB3376, proposing the creation of a single-operator market for online poker and […]
Industry
January 30, 2024
Police Arrests Armed Suspect at Hard Rock Casino in Sacramento
Casinos across the United States have different rules when it comes to carrying a gun. While some may totally prohibit any weapons, including handguns, others may allow permit holders of concealed carry handguns to have them in possession. Generally speaking, due to the sensitive cash transactions that casinos carry out, along with increased security, handguns […]
Industry
January 30, 2024
GRIT Act to Combat Rising Gambling Addiction across the US
Earlier this month, Sen. Richard Blumenthal along with Rep. Andrea Salinas introduced a new proposal called the Gambling Addiction, Recovery, Investment, and Treatment (GRIT) Act, proposing the allocation of additional funds toward treatment and prevention of gambling-related disorders. The proposal is built upon the existing federal excise tax that applies 0.0025% on every sports wager […]
Industry
January 30, 2024
New Bill Proposes Online Gambling Legalization in Maryland
After the countrywide expansion of legal sports betting, legislators in different US states are exploring opportunities to legalize online gambling activities. Also referred to as iGaming activities, online gambling can raise valuable tax revenue while at the same time providing players with a legal way to gamble. While currently there are several states that offer […]
Industry
January 30, 2024
Sale in the Cards for Suspended New Hampshire Casino Owner
Andy Sanborn, a former New Hampshire state Senator and owner of Concord Casino, faced accusations of improper use of more than $800,000 in COVID relief funds. Claims of the alleged fraudulent activity of the former senator emerged last year. Sanborn was accused of misusing some $844,000 in Small Business Administration (SBA) loans. The accusations against […]
Industry
January 30, 2024
New Regulations Introduced at Star Entertainment to Curb Excessive Gambling
In response to mounting pressure from government inquiries and community concerns regarding gambling addiction, Star Entertainment has announced stringent new regulations aimed at curbing excessive gambling habits among its patrons. Star Club Members Briefed on New Responsible Gambling Measures Members of The Star Club have been briefed on the forthcoming changes, which include mandatory breaks […]
Industry
January 30, 2024
China’s Skin Gambling Websites Outsmart Stringent Regulations
To circumvent stringent online gambling laws in China, a new breed of gambling websites has emerged, utilizing strategic disguises to evade regulatory scrutiny. The Rise of Skin Gambling in China’s Online Wagering Landscape These gambling platforms, collectively known as “skin gambling” websites, have found innovative ways to operate within the confines of the law while […]
Industry
January 29, 2024
The Dones and the Coates Rank among UK’s Biggest Taxpayers
Gambling industry representatives have once again appeared at the top of The Sunday Times’ Tax List. The 2024 edition of the list shows that the owners of Betfred and bet365 occupy two of the five top spots. Outclassing celebrities such as Harry Potter author J.K. Rowling (31st place) and singer Ed Sheeran (32nd place), Fred […]
