Industry News and Headlines
Industry
January 4, 2024
India: Five Arrested in Police Operation against Illegal Gambling
Countries across the globe continuously fight against illegal gambling activities. The black market is often tied to criminal activities, including money laundering and terrorism financing but also increases violent crimes. India is one of the countries in Asia that has an ongoing dedication to fight illegal gambling. Recently, a massive raid resulted in the arrest […]
Industry
January 4, 2024
Paddy Power Wraps up The Big 180 Campaign, Donates $1.3M to Prostate Cancer UK
The Paddy Power World Darts Championship has ended and so has Paddy Power’s The Big 180 campaign. At the start of the championship, the gambling operator promised to donate a thousand pounds for every single 180 scored during the event. While the players fell short of raising the £1 million target (roughly $1.27 million, current […]
Industry
January 4, 2024
AGCC Raises Alderney’s Money Laundering and Terrorism Financing Risk Profile
Alderney, one of the Bailiwick of Guernsey’s three jurisdictions, is now exposed to higher risks of money laundering and terrorism financing. The Bailiwick of Guernsey, which is responsible for assessing risk across the British Crown dependency, explained that the risk of money laundering has increased from medium lower to medium. The latest report is the […]
Industry
January 4, 2024
Former Gun Lake Casino Worker Sentenced after Stealing $100K
Crimes related to casinos are rarely difficult to solve. Extensive monitoring of the casino floors and financial audits help prevent attempts for thefts or embezzlement. Despite the efforts of gambling operators, some perpetrators still try to steal from venues, only to get caught sooner or later. In one such case, a former casino employee was […]
Industry
January 4, 2024
Rhode Island’s Betting Industry Posts Suboptimal November Results
The Rhode Island Lottery published information about the performance of the state’s sports betting industry in November. As it turns out, November wasn’t sportsbooks’ best month despite a slight month-on-month increase in bets. According to the report, Rhode Island’s sportsbooks earned a total of $3.31 million in November. Unfortunately, this figure represents both year-on-year and […]
Industry
January 4, 2024
NJ Compulsive Gambling Council Faces Discrimination Lawsuit
Back in April 2022, Neva Pryor, an expert with extensive experience in problem gambling, filed a lawsuit against the Council of Compulsive Gambling of New Jersey (CCG), claiming she was subjected to racial discrimination. In her lawsuit, she claimed that Fred Hogan, a former president of the CCG, made racial comments against her. The lawsuit’s […]
Industry
January 4, 2024
Fort Lauderdale Meet Explores Benefits of Online Gambling
Last year, the National Council of Legislators from Gaming States (NCLGS), an organization that brings together state lawmakers to discuss gaming-related issues, organized an event that took place in Las Vegas. Now, the Council’s Winter Meeting kicked off on Wednesday with a wide range of planned discussions regarding online gambling, daily fantasy sports, as well […]
Industry
January 3, 2024
Macau Witnesses Another Drastic Decline in Junkets
Although Macau remains famous as the Vegas of the East, the region’s casino industry is now a far cry from its heyday of 2014 when 235 junket operators contributed around 60% of the $45 billion casino revenues, more than triple compared to Las Vegas. This drastic reduction is part of several targeted measures by local […]
Industry
January 3, 2024
Las Vegas Bans People from Stopping on Pedestrian Bridges
The recent F1 Heineken Silver Las Vegas Grand Prix 2023 saw the Las Vegas government introduce a variety of tourist and citizen-unfriendly measures. While some were only temporary solutions to protect the racers, some seem to be here to stay. In November, local lawmakers introduced a measure that would ban pedestrians from stopping on the […]
Industry
January 3, 2024
Buzz Bingo in Hot Water over Halloween Ad on Facebook
An advertisement post for Buzz Bingo that contained cartoon Halloween imagery caught the attention of the Advertising Standards Authority (ASA), the regulator in charge of advertising in the UK. The post appeared back in October on Buzz Bingo’s Facebook page, promoting a campaign that promised £50,000 ($63,000) on Mondays throughout the month. The animated footage […]