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Industry
March 5, 2025
Auckland Man Sentenced for Sending Fake Gambling Grant Applications
J.G., a 24-year-old man from Auckland, New Zealand, has been sentenced to six months of home detention after attempting to fraudulently obtain $73,000 through the submission of false gambling grant applications. He Impersonated Two Community Organizations The man admitted guilt to three offenses at Auckland District Court. The list included the illegal use of a […]
Industry
March 5, 2025
Report Highlights Increase in Gambling Spending in Australia, Calls for Stricter Regulations
A new report has discovered that gambling is creating a “black hole” in Australians’ household budgets. According to the research, the total annual gambling losses for 2022/23 amounted to AUD 1,527 ($960) for every Aussie adult. A Black Hole in Household Budgets The report was compiled by Equity Economics in partnership with the Alliance for […]
Industry
March 5, 2025
New Jersey Lawmakers Divided on Proposed Gambling Tax Hike
New Jersey is another US state where lawmakers are considering increasing gambling taxes. Late last month, Gov. Phil Murphy pitched a gambling tax hike, proposing an increase on the levy applicable for online gaming and sports betting. While most lawmakers oppose increasing taxes, one Democratic Senator spoke in favor of the proposed gambling tax increase. […]
Industry
March 5, 2025
Paf Lowers Loss Limits Triggering Interventions
Paf, an operator of casino gaming and sports betting markets, has announced new changes to its loss limit policy, which is used to prompt action from the company in those instances when a consumer loses too much money over a short period of time. Paf Adjusts Loss Limits Down to Boost Player Protection The gambling […]
Industry
March 5, 2025
Fitzdares Exits Ontario Market After Two Years of Operation
Fitzdares, the UK-based luxury sportsbook and casino operator, has announced it will be exiting the Ontario market, with operations winding down by March 31, 2025. The company made the decision after two years of service in the region, citing challenges in the competitive Ontario market. A statement on the company’s Ontario website reads: “After serving […]
Industry
March 5, 2025
Woman-Owned Business Is Spearheading HHR Efforts in Maryland
Alyse Cohen, the owner of the Long Shot’s off-track betting facility (OTB) in Frederick, Maryland, is championing the legalization of Historic Horse Racing machines at OTBs in the state. As someone who’s been a part of the OTB sector her entire life, she recognizes the importance of diversifying the products offered in such facilities. Cohen […]
Industry
March 5, 2025
NSW Says It Won’t Remove 9,500 Slot Machines from Licensed Venues
The NSW government has reconsidered its original stance against reducing the number of such units as a way to address gambling harm and said that the money it would need to scale down operations may as well be better used on harm prevention in the first place. Removing Poker Machines Won’t Help Address Gambling Harm […]
Industry
March 5, 2025
Gambling Loss Tax Deduction Bill Advances in North Carolina
A bill, proposing a gambling loss income tax deduction, is making its way in North Carolina. The proposal, which was introduced near the end of January this year, recently received bipartisan support by a House committee. House Bill 14 Receives Bipartisan Support The bill, titled “Gambling Losses Tax Deduction” seeks to enable North Carolina residents […]
Industry
March 5, 2025
Prediction Market Kalshi Ordered to Cease and Desist in Nevada
Kalshi, one of the fastest-growing prediction markets in America, has hit a major roadblock in Nevada where it was ordered to cease and desist. Despite seemingly warming up toward such products, the US has yet to regulate them properly and some markets, regulators, and industry stakeholders remain opposed to them. Kalshi Ordered to Exit Nevada […]
Industry
March 5, 2025
YouTube Enhances Rules on Betting and Casino Content
Newly announced policies by YouTube are going to crack down on gambling and related content, specifically targeting the promotion of “unapproved” gambling websites. While details regarding the new policies emerged Tuesday this week, their implementation is expected to be completed in mid-March. YouTube Overhauls Gambling-Related Policies Since 2018, when the US Supreme Court struck down […]
