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Industry
August 28, 2023
UK Creditors Are Lending Millions to At-Risk Players, Abound Says
A new report suggests that the UK’s financial institutions may be exacerbating gambling harm by lending money to at-risk players. As reported by The Guardian, financial companies are unknowingly fueling problem gambling by lending millions to risky players. Abound, a credit technology company, examined the open banking data of loan applicants. By leveraging AI, the […]
Industry
August 28, 2023
Study Reveals Link Between Gambling and Suicide among Australian Veterans
In Australia, the intersection of post-military life challenges and lenient gambling regulations has created a troubling scenario for veterans, escalating concerns over suicide risk. Ex-Military Personnel Face High Suicide Risk and Troubling Gambling Links Globally, suicide remains a daunting public health issue, with intentional self-harm accounting for a significant portion of premature deaths. This is […]
Industry
August 25, 2023
Chinese Content Platforms Reportedly Exclude Live Streaming Features
The government in China has been cracking down on gambling for several years now. In light of the country’s strict laws on gambling activities, law enforcement and other agencies constantly monitor different activities and investigate cases of illegal gambling or other gambling-related crimes. Amid the crackdown on gambling, online content platforms have reportedly taken action […]
Industry
August 25, 2023
UK Gambling Regulator Releases New Performance Report
The gambling regulator in the UK, the Gambling Commission, released its latest annual report, outlining details regarding its performance under the leadership of its chairman, Marcus Boyle, and CEO, Andrew Rhodes. The latest report, encompasses the 2022/2023 financial year and uncovers strategic operational activities, as well as statistics regarding the gambling sector in the country. […]
Industry
August 24, 2023
Sky Betting and Gaming to Continue Promoting Safer Gambling Alongside the EFL
Steve Birch, Sky Betting and Gaming’s chief commercial officer, addressed his company’s partnership with the English Football League (EFL) and the two parties’ commitment to responsible gambling. Now entering its second decade, the partnership between the operator and the league continues as strong as ever. In a statement provided to Britain’s Betting and Gaming Council […]
Industry
August 24, 2023
Germany: DSWV Flags Incorrect Assumptions about Problem Gambling
The German association of sports betting providers, Deutsche Sportwettenverband (DSWV), released a new statement, criticizing media reports that misinterpreted results from a 2021 Gambling Survey. In particular, the DSWV was critical of the representation of the number of people, identified as problem gamblers. The announcement comes after multiple media outlets released reports related to the […]
Industry
August 24, 2023
Former Wells Fargo Advisor Jailed for Gambling-Driven Fraud Scheme
An investment advisor previously employed by Wells Fargo, based in Union County, New Jersey, has been handed a three-year and six-month prison sentence for orchestrating a sophisticated financial fraud scheme, resulting in a total loss of $626,478 for five clients. Exploitative Financial Advisor Preys on Vulnerable Clients The 39-year-old defendant manipulated the trust of his […]
Industry
August 24, 2023
AGA Sees Negative Attitude Towards “Skill Game” Machines
According to the majority of US residents, such devices are, in fact, “games of chance” and as such, they ought to be regulated. Two-thirds of Americans, or 65%, agree that these machines have no skill element and they are essentially the same as slot machines. Americans Don’t Think Skill Machines Take Skill Slot machines are […]
Industry
August 23, 2023
ACMA Asks ISPs to Ban More Illegal Offshore Gambling Websites
Several years ago, Australia implemented tough rules against illegal offshore gambling websites. Since then, the country’s regulatory body responsible for the regulation of telecommunications, broadcasting and radiocommunications, the Australian Communications and Media Authority (ACMA), has been constantly monitoring the online gambling sector and enforcing bans against operators that were found to offer their services illegally. […]
Industry
August 23, 2023
Golden Rock Global Hints at Reverse Takeover Plans with 2mee
2Mee Limited is a company that specializes in the development of next-generation omnichannel communication by delivering messages from influencers on-screen and via applications. Such messages stand out with personalization and customization options, allowing for humanized messaging over the internet and helping brands engage with their audiences via an innovative method. The company anticipates further growth […]
