Industry News and Headlines
Industry
December 14, 2023
NSW Significantly Bolsters the Scope of Its Cashless Gambling Trial
Liquor & Gaming New South Wales announced it would substantially expand its cashless gambling trial, expressing hope for the program’s success amid rising interest from clubs and other venues. This update bodes well for the Australian province, which suffers from record problem gambling rates and still struggles to regulate unscrupulous businesses. The Government Will Collect […]
Industry
December 13, 2023
Barstool Sports’ Dave Portnoy Takes a Stance Against Hate Speech
Barstool Sports founder Dave Portnoy recently defended his decision not to hire graduates from certain high-profile universities until their deans and presidents stepped down. His stance was motivated by the frequent outbreaks of antisemitism on campuses following the outbreak of the Israel-Hamas war and the perceived inaction by university management. Portnoy Condemned Universities’ Failure To […]
Industry
December 13, 2023
Curacao’s Minister of Finance Announces New License Fees
At the start of September, Curacao initiated its updated application process for online gambling licenses, reaching a critical milestone in the island’s strategy to improve the legitimacy of its online gambling industry. Now, according to reports from iGamingBusiness, Curacao’s Minister of Finance, Javier Silvania, has officially announced the new fees that gaming operators looking to […]
Industry
December 13, 2023
Colorado Reports October Handle of $554.9M Underpinned by Mobile Betting
Colorado’s Division of Gaming has published data about the sports betting industry’s performance in October, reporting a total handle of $554.9 million. This figure notably represents a 5.4% month-on-month increase. Mobile wagering dominated the sports betting handle and was responsible for over $550 million of the total bets placed in the state. In the meantime, […]
Industry
December 13, 2023
AGCOM Fines Twitch and YouTube over 20,000 Gambling Videos
The AGCOM, Autorità per le Garanzie nelle Comunicazioni, has issued eye-watering fines to YouTube and Twitch, slapping them with €2.25 million ($2.45 million) and €900,000 ($970,000) respectively, Reuters originally reported. Alphabet and Amazon Targeted by Italian Media Watchdog The fine is unlikely to be left alone by Alphabet Inc. nor Amazon, the respective owners of […]
Industry
December 13, 2023
Brazil: Senate Greenlights Sports Betting, Turns Down iGaming
Brazil’s Senate has okayed regulated sports betting but did not approve iGaming. While the Senate approved the amendments to Bill 3,626/2023, online gambling did not appear on the bill. Originally supposed to take place in November, the vote was postponed on several occasions. Proposed by Senator Angelo Coronel, the approved version of the bill included […]
Industry
December 12, 2023
NY Mobile Betting Reports $2B in Handle for the Second Month in a Row
The New York sports betting market continues to post record-breaking monthly results. As reported by the New York State Gaming Commission, sports betting operators in the state recorded betting handle of $2.1 billion in November. This exceeds October’s spectacular results when the industry also exceeded $2 billion in bets, becoming the first state to surpass […]
Industry
December 12, 2023
Australia’s Government Faces Renewed Calls for a Gambling Ad Ban
Leigh’s recent statements aim to honor the late MP Peta Murphy, who recently passed away from cancer. Murphy was also a staunch supporter of a more comprehensive government effort to reduce problem gaming, such as national regulation, an online gambling ombudsman, a harm reduction levy on online wagering service providers (WSPs), and a public education […]
Industry
December 12, 2023
New Macau Bill Seeks to Ban iGaming and Outlaw Parallel Betting
Macau continues to crack down on illegal gambling and is planning to introduce a new ban on online gambling amid rising gambling-related crime rates. While online gambling has never been legal in the country, the current laws were introduced a long time ago and are already fairly outdated. Under a proposed new legislative bill, introduced […]
Industry
December 12, 2023
The Belmont Stakes Possibly to Run Twice at Saratoga
New York Gov. Kathy Hochul has already confirmed that the 2024 Belmont Stakes is headed for Saratoga Race Course, in a move that is designed to retain interest in horse racing and ensure that local horse racing aficionados do not skip a beat of the action. Saratoga Likely to Play Host to Belmont Stakes in […]