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Industry News and Headlines
Industry
February 7, 2024
Former BaltCap Manager Suspected of Stealing Millions to Gamble
Every year, many financial crimes occur across the globe. While generally, people may abuse other individuals’ funds for their personal expenditures, some people are pushed into such crimes to fuel a gambling addiction. It is unclear if a former BaltCap investment fund manager had a gambling problem, yet he is suspected of abusing his power […]
Industry
February 7, 2024
Skill Games Added to Proposed FY 2024 Budget in Pennsylvania
For years, a battle has been raging over the legality of skill games in Pennsylvania. While supporters of such form of entertainment said that it provides a different experience than gambling and helps local businesses, opponents warned about the impact of skill games on the brick-and-mortar casino sector. Currently, skill games operate within a grey […]
Industry
February 7, 2024
ICE 2024 Raises over £41,000 for Charities
In a heartening display of industry commitment to responsible gambling, the Consumer Protection Zone (CPZ) at ICE 2024 has raised £41,100 ($51,800), which will go to two charities: the International Centre for Responsible Gambling (ICRG) and Betblocker. This newest contribution brings the total raised by CPZ to more than £225,000 ($283,600) over the last four […]
Industry
February 7, 2024
Kwiff Expands Horseracing Offerings with RMG Streaming Partnership
In a strategic move to enhance its horseracing offerings, betting operator Kwiff has inked a streaming agreement with Racecourse Media Group (RMG). This collaboration opens the gates for Kwiff players to access a plethora of UK and Irish racing content from RMG’s extensive network of 35 racecourses, boasting nearly 1,200 race meetings annually. The Two […]
Industry
February 7, 2024
Bill Proposes to Restrict Online Sports Betting Ads in Kansas
Kansas, a state with a population of nearly 3 million people, was among the US states that legalized sports betting back in 2022. After legislation was passed, legalizing the activity in May, on September 1, 2022, the state officially launched its retail and online sports betting market. Now, less than two years after the launch, […]
Industry
February 6, 2024
Brazil’s iGaming Sector to Generate $5bn, Says Vixio Report
The leading provider of regulatory and business intelligence, powering the global payments and gambling industries, Vixio Regulatory Intelligence, released a new report, highlighting the potential of the online gambling sector in Brazil. Released just in time for the start of the ICE 2024 convention in London, the new Brazil Online Outlook report analyses the potential […]
Industry
February 6, 2024
President Joe Biden Visits Las Vegas, Opposes Hidden Junk Fees
Additional fees that are often used to inflate the price of hotel and resort accommodation are also referred to as junk fees. Every year, millions of Americans planning their vacation are unpleasantly surprised by such fees, some of which are not disclosed until the very last moment, leaving them without any options but to comply […]
Industry
February 6, 2024
Maryland’s Casino Revenue Declined in January
Maryland’s six casinos have posted total revenue of $153.2 million for January 2024. This figure represents an 8.4% year-on-year decrease and led to lower contributions to the state. For reference, the best-performing casino was MGM National Harbor, a property with over 2,000 slots and more than 200 gaming tables. The MGM property posted revenue of […]
Industry
February 6, 2024
CU in Italy Wants 5% Slot Revenue Share for Ordinary Statute Regions
Council members and presidents of Italy’s 100 municipalities and 20 autonomous regions have been asked to show support for the government’s ambitious plans to reorganize gambling. Members of the Conferenza Unificata (CU), which is the body responsible for overseeing the cooperation between the governments of these regions and the state, have acknowledged the shortcomings prone to […]
Industry
February 6, 2024
BOS: Sweden’s Public Transport Advertising Ban Is a Blank Lottery Ticket
The Stockholm public transport’s to ban online gambling advertising is a bad move, according to Gustaf Hoffstedt, the secretary director of The Swedish Trade Association for Online Gambling (BOS). In an opinion piece, Hoffstedt addressed the ban, saying that it would hurt both sectors. He pointed out that Stockholm public transport gets approximately SEK 20 […]