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Industry
April 27, 2023
PGCB Issues New Fines, Revokes Sportsbook Employees Licenses in April
The PGCB has fined Mount Airy Casino Resort $120,000 this week, also revoking the licenses of three employees at Live! Philadelphia’s Sportsbook. The people in question were accused of accepting bets that were not authorized and ended up harming the property with $95,000 in financial losses. PGCB Takes Range of Enforcement Actions The Wednesday meeting […]
Industry
April 27, 2023
UK Gambling White Paper Expected to Impose Affordability Checks
The paper will include proposals for mandatory affordability checks and stake limits for online slot bets, as well as a compulsory levy on gambling firms to fund addiction treatment and research. New UK Regulations to Introduce Gambling Limits and Compulsory Levy on Firms Under the new regulations, gamblers who lose £1,000 in 24 hours or […]
Industry
April 27, 2023
7,000 People Register with Bulgarian Gambling Self-Exclusion Program
The country’s regulator, the National Revenue Agency (NRA), hopes that the program can help vulnerable and at-risk gamblers use the self-exclusion program to steer clear from harmful gambling practices. Registrations Top 1,700 People Per Month Since December The fact that 7,000 people have registered since December, though is worrying and points to a deeper problem […]
Industry
April 27, 2023
UK Gambling Commission Named Best Place to Work
This comes at a time when the country is preparing to welcome ample changes to the gambling industry. The period has been long and fraught with a White Paper review expected to drop on Thursday, April 27 and change much about how the industry is regulated. Reaffirming the UKGC’s Commitment to Consumers and Employees Over […]
Industry
April 27, 2023
KSA Takes Stock of the Gambling Industry in 2022
The regulator is happy with the result, as its fourth Monitoring Report that focuses on online games of chance has provided sufficient evidence that Dutch gamblers are playing more but losing much less. The KSA says this is owing to the measure the watchdog has taken to protect consumers, raise awareness, and respond to illegal […]
Industry
April 26, 2023
PredictIt Users Trust Biden to Win the Upcoming Elections
Political bettors are putting their money behind Joe Biden to win the upcoming Presidential elections. While the incumbent President is yet to be officialized as the Democratic Party’s official nominee, he seems to be a likely choice. This news comes as President Biden announced his decision to fight for another four years in office. While […]
Industry
April 26, 2023
Bally’s Reinforces Online Portfolio with Wazdan Games
Wazdan, a provider of innovative casino games, has unveiled a new partnership with Bally’s Interactive. Under the agreement, Wazdan will leverage Relax Gaming’s aggregation platform to power its new operator partner with a rich selection of gaming content. According to the announcement, Bally’s Interactive will launch Wazdan games on Vera & John, one of its […]
Industry
April 26, 2023
JNS Gaming’s Revamped LynxBet Re-Launches with Delasport
JNS Gaming, a unique iGaming start-up, confirmed Wednesday the re-launch of its revamped online casino and sports betting brand LynxBet. The re-launch was facilitated in collaboration with Delasport, a leading platform provider. LynxBet’s re-launch seeks to help the brand tap into new jurisdictions and establish its presence within the continuously growing and competitive iGaming market […]
Industry
April 26, 2023
Chinese Man Kidnaps Grandchild, Wants Ransom to Pay Gambling Debt
Gambling addiction can have dire consequences for the life of the person that is addicted. In addition to affecting their own life, many gambling addicts ruin the life of their families and loved ones. This is because, in severe cases of gambling addiction, people may steal or get involved in other crimes. Given that addiction […]
Industry
April 26, 2023
AGA Report Reveals Gaming Industry Economic Activity Is Set to Decrease
Despite the record momentum of the gaming industry, gaming executives are increasingly cautious about the industry’s future prospects, according to a report by the American Gaming Association (AGA) compiled in partnership with Fitch Ratings. Gaming Industry Executives Predict Flat Growth Ahead Despite Record Momentum Two-thirds of respondents expect conditions to remain the same. The report […]
