Industry
March 12, 2024
Expert Says North Carolina Online Betting May Boost Gambling Crime
The launch of online sports betting in North Carolina has been hailed by the industry as proponents of gambling have pointed out that the vertical would bring millions of dollars in tax revenue to the state. However, experts are concerned about the industry’s potential negative impact. As reported by WCCB Charlotte, gambling experts say that […]
Industry
March 12, 2024
Layoffs at Major Firms Confirmed by Gibraltar Gambling Commissioner
Currently, Gibraltar is an important European gambling market. In the country, thousands of people are employed by leading gaming operators that have a presence across the globe. The gambling sector in Gibraltar is currently regulated under the Gibraltar Gambling Act 2005 and the country has been serving as an important hub for online gambling operators […]
Industry
March 12, 2024
Wynn Resorts CEO Joins Online Gambling Expansion Debate
Over the last decade, online gambling has been expanding across the globe. In the last five years alone, pushed by the pandemic in early 2020, iGaming activities surged in a number of markets. The temporary closures of brick-and-mortar casinos led many gamblers to the online space. And while some returned, others chose the comfort of […]
Industry
March 12, 2024
NatCen to Develop a Monitoring and Evaluation Plan for the Gambling Act Review
The National Centre for Social Research (NatCen) announced that it has been commissioned by the Department for Culture, Media & Sport (DCMS) and the Gambling Commission (UKGC) to develop a Monitoring and Evaluation Plan for the Gambling Act Review. This project will see NatCen probe into the ongoing reforms to see how effective the review […]
Industry
March 11, 2024
Tennessee Sees 13.4% YoY Increase in Sports Betting Handle despite Monthly Decline
Tennessee’s sports betting landscape witnessed a substantial 13.4% year-over-year surge in the handle, reaching $378.2 million in February. While this marks the third consecutive month of decline in the state, the gross handle for February was still 15.6% higher than the same month last year. However, it fell short by 18.8% compared to the $465.8 […]
Industry
March 11, 2024
UKGC Adds Nine Members to Its Industry Forum
The UK Gambling Commission (UKGC) has unveiled new additions to its Industry Forum. Announced in 2023, the forum will be made up of members of the gambling sector who will advise the regulator and provide it with important industry insights. In addition to Nick Rust, who was announced as chairman of the Industry Forum in […]
Industry
March 11, 2024
Suspect Arrested for Stealing Copper, Tools from Las Vegas Strip Resort
Despite the efforts of casino operators to ensure the safety of the visitors, incidents such as robberies do happen. While some crimes involve guns and manpower, others focus on fraud and deceiving practices such as cheating orchestrated by groups of individuals. Yet it is quite uncommon to hear stories about thefts related to copper piping […]
Industry
March 11, 2024
Student Gamblers Are Prone to Overspending, Ygam Study Says
Student gamblers are gambling oftentimes gambling more than they can afford, a recent study suggests. The new edition of the Annual Student Gambling Survey shows that the ongoing cost of living crisis has not prevented university students from overspending. This is the third edition of the research, jointly commissioned by Ygam and GAMSTOP, and is […]
Industry
March 11, 2024
Pennsylvania Could Ban Credit Cards for Online Gaming
On March 8, Pennsylvania Senator Wayne Fontana representing D-Allegheny County announced his intention to introduce a bill that would forbid the use of credit cards for online gambling and sports betting. The prohibition that is soon to be expressed in his upcoming bill would also include the state’s iLottery. Gambling and Credit Card Debt Often […]
Industry
March 11, 2024
FanDuel to Replace GambetDC as Washington DC’s Betting App
GambetDC, Washington DC’s controversial online sports betting operator, may soon be replaced by the Flutter-owned gambling giant FanDuel. According to a letter from the Office of Lottery and Gaming (OLG) executive director Frank Suarez to the DC City Council, the OLG has approved Intralot’s request to choose FanDuel as its next subcontractor. Suarez’s letter described […]
