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Industry News and Headlines
Industry
January 4, 2023
YGAM Becomes Ambassador and Partner for ICE London 2023
The charity is primarily focused on educating young people about the dangers of gambling-related harm and helping establish meaningful safeguards that can help protect at-risk and vulnerable groups, such as youths. The news was first reported by ICE365. ICE London 2023 and YGAM Continue to Tackle Gambling Harm The organization is also the official charity […]

Industry
January 4, 2023
NGOs in UK Criticize In-Stadium Betting Shops Worrying about Impact
The gambling branding has been branded as “honey traps” that end up luring young supporters. The latest criticism is triggered by the news that at least eight teams in professional soccer are going to team up with betting brands to launch “Home Shops” on-site of stadiums. NGOs Call Betting-Sports Partnerships “Honey Traps” Sheffield, the first […]

Industry
January 3, 2023
Cavs Coach Bickerstaff Cautious about Betting’s ‘Dark Side’
Sports betting will “put a bump in the finances for everybody,” but will require more education to avoid fans and athletes fall victim to its dark side, believes Cleveland Cavaliers coach J.B. Bickerstaff. Bump on Finances The Cavaliers, in partnership with Caesars Entertainment, opened Caesars Sportsbook inside their home Rocket Mortgage FieldHouse just a day […]

Industry
January 3, 2023
Seminole Tribe Lashes Back against Alleged Whistleblowers
A successful petition to investigate the lottery further destabilized the situation as parties threatened legal action. A Vaccination Lottery Gone Wrong Sparked Tensions The ongoing controversy began after the Seminole Tribe held a vaccination lottery using $3 million of COVID-19 federal relief funds to incentivize tribal members to vaccinate against the virus. With a grand […]

Industry
January 3, 2023
Ireland’s Justice Department Rejects Measures from Gambling Bill Proposal
The Irish Examiner reported that experts have directed criticism towards the Department of Justice for rejecting the proposal and have called its decision a “big miss”. The Department of Justice Rejects Background Checks Ireland’s Department of Justice had to review a proposal with a series of measures for the new Gambling Bill that will be […]

Industry
January 2, 2023
Africa’s Unregulated Sports Betting Markets Cause Serious Concern
Africa’s gambling market is the fastest-growing in the world. Many high-profile operators have already taken notice of the untapped opportunities and have invested significantly in the area, hoping to establish an early presence. However, many African countries are still rife with poverty, meaning a lack of effective regulation often hurts the most vulnerable parts of […]

Industry
January 2, 2023
ACMA Reports a Doubling of Gambling Ads Complaints in 2022
The Australian Communications and Media Authority (ACMA) has announced that the number of complaints regarding gambling ads almost doubled in 2022, The Guardian revealed recently. The media regulator, which is an independent Commonwealth statutory authority, has also added that the number of complaints and inquiries regarding gambling advertisements has been on a steady growth trend […]

Industry
January 2, 2023
Macau Sees GGR Plunge by 50% in 2022
The numbers reflect the continued pressure that uncertain regulation and reemerging COVID-19 outbreaks applied on the industry, nobbling concessionaires’ ability to run their business as usual and drive meaningful results from gaming operations. Macau Clocks Its Worst Year Since 2004 Gross gaming revenue was posted at MOP$42.2 billion for the full year, or roughly around […]

Industry
January 2, 2023
Macau Hopes to See Visitations Go Up to 40,000 a Day
The economy may be in the doldrums, but Macau has a plan – it involves dramatically increasing the number of tourists who come to visit the Special Administrative Region in 2023. This has been confirmed by Maria Helene de Senna Fernandes, the head of Macau’s Government Tourism Office. Tourism in Macau Braced to Pick Up […]

Industry
January 2, 2023
Police in the UK to Look for Signs of Addiction
Police are becoming aware of the negative effect that gambling addiction can have on individuals and how destitute and despair can push people into crime, similar to how drug and alcohol addiction can lead to unlawful behavior. Understand and Treat, Don’t Simply Punish This is why authorities in England and Wales are going to work […]
