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Industry
June 21, 2023
IGSA Creates a Responsible Gaming Committee to Elevate RG Standards
Detailing the news in a press statement, the International Gaming Standards Association (IGSA) confirmed that its board of directors has voted to create a Responsible Gaming Committee (RGC), which will further help raise standards for responsible gambling and help association members tackle problem gambling. This announcement follows the creation of an Ethical AI Committee announced […]
Industry
June 20, 2023
NHS England, GambleAware Welcome Statutory Levy on Industry
NHS England, the public body of the Department of Health and Social Care, and GambleAware, the independent charity working to keep people safe from gambling harm in Great Britain, came out with a joint statement, welcoming the statutory levy on operators. Boost RET Funding The statutory levy on operators was part of the White Paper […]
Industry
June 20, 2023
UKGC Publishes Test Hub for Operators Working with Non-Licensed Entities
The new hub has been published on UKGC’s platform under the “Compliance” tab. Its main purpose is to help operators collaborating with entities that are not licensed to fulfill their duties and carry on their responsibilities with more ease. Last month, the Commission announced its intention to fill in evidence gaps under the 2023-2026 plan, […]
Industry
June 20, 2023
CDI on Track with New Entertainment Venue at Owensboro
In September last year, the leading racing, online betting and gaming entertainment company, Churchill Downs Incorporated (CDI), confirmed it finalized the acquisition of Ellis Park Racing and Gaming in a deal with a price tag of $79 million. The venue, located in Henderson, Kentucky granted the company a unique opportunity for further growth and expansion. […]
Industry
June 20, 2023
The Star Entertainment Criticizes NSW Casino Duty Rates
Late last year, the former Treasurer of New South Wales (NSW), proposed a change to the taxation for casino operators, pushing for an increase in casino duty rate. Although it wasn’t implemented, the proposal stuck around with the lawmakers following the recent election in NSW. In light of discussions with the local government for the […]
Industry
June 20, 2023
MGA’s License Drop Prompts Malta’s Push for Protective Gaming Law
The Malta Gaming Authority (MGA) is pushing for the implementation of a new law aimed at safeguarding the country’s online gaming companies from international prosecution. Malta Witnesses 75% Drop in New Gaming Licenses Amidst Greylisting Concerns According to data analysis conducted by The Shift, there has been a staggering 75% decrease in new gaming licenses […]
Industry
June 20, 2023
Study Reveals Online Gambling Habits and Channeling Rates in Sweden
SKOP, a renowned research institute, has conducted a survey on behalf of the Swedish Trade Association for Online Gambling (BOS) to examine the channeling of the Swedish online gambling market. SKOP Study Uncovers 77% Channeling Rate in Swedish Online Gambling Landscape The SKOP study involved interviews with 9,850 individuals, of which 30% (3,000 people) reported […]
Industry
June 20, 2023
New Jersey’s In-Person Gambling Slows Down, iGaming Grows
The Division of Gaming Enforcement in the Garden State has released the latest numbers for May, reporting an overall increase of 9.4% in gross gaming revenue, which sat at $471 million for the month. The Monday report took stock of the industry’s current pain points in terms of revenue, and the verticals that have been […]
Industry
June 19, 2023
DSWV Criticizes the German Head Office for Addiction
The German Sports Betting Association (DSWV) published a press release on its website, criticizing the market figures, sources and methodology used by the German Head Office for Addiction (DHS) in its article, Yearbook Addiction 2023. Incorrect Market Size Calculation The DSWV states that the DHS uses incorrect figures as per the sports betting market size […]
Industry
June 19, 2023
JP Morgan: Macau on the Path of Strong GGR Result in June
The recovery of the gambling industry in Macau will continue into June, suggests a Monday note by JP Morgan Securities (Asia Pacific), citing the return of live concerts and its impact on mass market gross gaming revenue (GGR). Daily Run Rate Increased Using weekly data, JP Morgan analysts DS Kim and Mufan Shi outlined that […]
