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Industry News and Headlines
Industry
November 3, 2023
Petition Wants the UK to Abandon Its Affordability Checks Plans
A new petition in the UK seeks to oppose the government’s planned implementation of financial checks. The controversial measure, outlined in the white paper, would see the government conduct affordability assessments on people who lose certain sums of money to gambling. The proposed measure would force operators to conduct checks on anyone who loses more […]
Industry
November 3, 2023
Trump Jr: Bally’s Secured Trump Golf Links Lease for $60M
In 2015, the Trump Organization and the city of New York reached an agreement that enabled it to extend its lease for the Trump Golf Links Ferry Point in the Bronx. That agreement extended the Organization’s lease for two decades, allowing it to retain its control of the site. However, early in 2021, after the […]
Industry
November 3, 2023
UKGC Boss Highlights Importance of Cooperation Between Regulators
Amid the expansion of online gambling and the continuous evolution of the sector, robust and effective regulations that ensure a safe, secure and fair service for the consumers remain a strategic priority. In general, regulations when it comes to retail or iGaming activities vary from one country to another. While some countries across Europe have […]
Industry
November 2, 2023
Spelinspektionen Issues $809,300 Fine to Videoslots over AML Failings
Sweden’s gambling regulator, the Spelinspektionen, has issued a penalty fee to Videoslots. According to the authority, the gambling operator failed to properly measure risk and committed anti-money laundering (AML) and counter-terrorist financing (CTF) violations. For reference, Videoslots is a licensed operator that offers gambling in Sweden through its videoslots.com website. As noted by the Spelinspektionen, […]
Industry
November 2, 2023
Uncertain Backing and Mysterious Origins: California’s Quest for Legal Sports Betting
While California’s appetite for the lucrative sports betting industry remains substantial, the path forward is unclear. A pair of proposed measures for the November 2024 ballot seeks to allow on-site and online sports betting in the Golden State through recognized Indian tribes. However, these propositions are raising questions due to the notable absence of support […]
Industry
November 2, 2023
Lottomatica’s GBO S.p.A. Buys 100% of SKS365’s Share Capital
Italy’s first operator in the legal gaming market to receive authorization from the Customs and Monopoly Agency and one of the leading names in Europe, Lottomatica Group S.p.A. (Lottomatica), has announced it is purchasing 100% of the share capital of omnichannel Italian online and sports betting operator SKS365 Malta Holdings Limited (SKS365). The acquisition deal […]
Industry
November 2, 2023
SZRT Relaunches TippmixPro with OddsMatrix’s Help
Earlier this year, Szerencsejáték Privately Held Company Limited (SZRT), the company behind Hungary’s national lottery, awarded EveryMatrix the public tender to provide the TippmixPro brand with advanced digital sports betting software solutions and services. The agreement was awarded to EveryMatrix following a 15-month competitive procurement process that attracted over 25 participants. Several months later, the […]
Industry
November 2, 2023
Las Vegas: Naked Man Charged for Fighting, Police Car Theft
A naked man who stole a police car and caused a serious crash, injuring two people, was arrested earlier this week in Las Vegas. The incident dates to around 11 PM on Tuesday when police responded to a call about a naked male that was around Blue Diamond Road and South Buffalo Drive. As announced […]
Industry
November 1, 2023
Seven Network Disobeys Online Advertising Rules, says ACMA
The probe of the Authority uncovered that Seven West Media’s Seven Network Operations Ltd (Seven) has failed to comply with the country’s gambling advertising regulations. Not the First Breach On December 12, 2022, Seven aired a gambling ad outside the officially established times allowed during live sports broadcasts on its streaming service. The respective ad […]
Industry
November 1, 2023
New Jersey Player Turns $2 Online Bet into a $290,000 Payday
A lucky player from New Jersey has hit a huge jackpot gambling online. The unidentified Mantua woman was playing the Divine Fortune game during a routine work call when she suddenly won $287,945 after placing a $2 bet. The player was playing the game on SugarHouse Online Casino’s platform, turning a small wager into a […]