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Industry
October 31, 2022
China Puts MGM Cotai on COVID Lockdown as Rapid Testing Continues
A few days ahead of the reopening of borders between mainland China and Macau, MGM China’s Cotai casino in the Special Administrative Region was put down on shutdown on Sunday, after a dealer tested positive for COVID-19. China’s zero-Covid policy has been one of the strictest in dealing with the disease which first emerged in […]
Industry
October 28, 2022
Televisa to Spin Off Sports, Gambling Businesses in H1 2023
Grupo Televisa, a leading media company in the Spanish-speaking world operating out of Mexico, is planning to separate its core media and television businesses from its sports and gambling subsidiaries in a spinoff. New Start for Sports and Gambling Businesses Televisa distributes content in Mexico via several broadcast channels, and across more than 70 countries […]
Industry
October 28, 2022
Tech Stocks Going Down as Investors Hedge against Recession
A series of disappointing quarterly results saw investors dump stock of two of the largest tech companies, Meta and Google, while gambling tech stocks show little signs of recovery. Meta Share Price Meltdown A sluggish third-quarter report from Meta was the final straw that broke the camel’s back as investors, concerned about the global economic […]
Industry
October 28, 2022
Nevada Gaming Retains Momentum in September
The Nevada Gaming Control Board released its traditional monthly update on the state’s gambling industry. September retains the momentum inherited by previous months, reporting a year-on-year revenue increase of 8%. If the trend continues, the Silver State should easily surpass 2021’s record-setting profits. Another Excellent Month for Operators September is the 19th month in a […]
Industry
October 28, 2022
NSW Reluctant to Introduce Cashless Gaming
The New South Wales Labor Party is not ready to adopt cashless gaming. In spite of pressures from other parties, Chris Minns, leader of the state’s opposition, remained adamant that the proposal still needs to be thoroughly discussed. The Parties Are Unwilling to Make Hasty Decisions The pressure for the introduction of cashless gaming came […]
Industry
October 28, 2022
UKGC to Post an Improved Youth Gambling Report
The United Kingdom’s Gambling Commission has warned stakeholders about changes to the Young People and Gambling report. The latter is set to be published in two weeks and will explore the severity of underage gambling. UKGC to Soon Post Young People and Gambling Report The report is scheduled to be published on November 10. It […]
Industry
October 28, 2022
Damian Collins Resigns from DCMS Leadership Position
Amid the ongoing review of the Gambling Act in the UK, another lead part of the Department of Culture, Media and Sport (DCMS) announced his resignation. Earlier this week, Damian Collins, announced his decision to step down from his role with the DCMS. Damian Collins Steps Down from DCMS In a statement released via Twitter, […]
Industry
October 28, 2022
NCPG Awards $120K in Grants to Entities Fighting Problem Gambling
The National Council on Problem Gambling (NCPG) has announced that it will be funding three organisations that have a distinct track record in supporting problem gambling prevention efforts. The NCPG announced funding to the tune of $120,000 which will be distributed as part of the organization’s Agility Grant initiative and is the latest effort by […]
Industry
October 27, 2022
US Integrity Teams with Betr Ahead of Ohio Launch
Leading sports wagering monitoring company US Integrity has sealed a deal with micro-betting-focused company Betr just in time for the latter’s launch on the Ohio market in January. While still in its growing stage, Betr has already kicked off a successful marketing campaign with the help of social media influencer and investor Jake Paul. The […]
Industry
October 27, 2022
ANJ Wants Tougher Regulations for Bonuses
After recently announcing it has added six new members to its Sanctions Commission, France’s national gambling authority (l’Autorité Nationale des Jeux or ANJ) has published a series of fresh guidelines on the gambling promotions and rewards offered to players. The new rules are part of ANJ’s regulatory agenda for 2022 which was presented in February. […]
