Industry
December 29, 2022
World Cup Gambling Ads Fell by 34%, Prove Wrong Spike Warnings
TV gambling advertising in the UK during the FIFA 2022 World Cup in Qatar fell by more than a quarter to the levels registered in the previous World Cup stated the Betting and Gaming Council (BGC) in a press release. The ‘Perfect Storm’ Did not Materialize Based on new data excluding all Lottery advertisements, there […]
Industry
December 29, 2022
India Continues to Struggle with Problem Gaming
The Indian gaming industry grows by an estimated 30% a year. Yet, the country is rife with illegal gambling, ineffective regulations, and a growing number of people suffering from addiction. The government’s inability to reign in offenders and impose a measure of control over the regulated market is quickly becoming a serious societal issue that […]
Industry
December 29, 2022
37,000 Cases of Cross-Border Gambling Shut Down by China in 2022
Xinhua News Agency confirmed that authorities have been able to track down vast networks of illegal gambling organizations and intervene in cases that involved illegal gambling. A total of 2,600 online gambling platforms have been targeted and shut down while more than 1,100 casinos have been halted. China Posts Good Results Against Cross-Border Gambling Meanwhile, […]
Industry
December 29, 2022
News Corp’s Betr in Discussions over PointsBet Australia Sale
Australian gambling startup Betr is in preliminary discussions with PointsBet for the acquisition of the operator’s Australian business, according to a PointsBet filing to the Australian Securities Exchange (ASX) on Wednesday. Potential Sale Discussions Underway The potential sale of PointsBet Australia was first reported by The Australian on Friday and today the gambling group officially […]
Industry
December 28, 2022
Scottish Green Party MP Calls for End of Last Greyhound Racing Property
Fife member of Scottish parliament Mark Ruskell has urged fellow lawmakers to muster the support to close Thornton Greyhound Stadium in Fife, which is due to have its next round of races in January. Ruskell cited a report by the Scottish Animal Welfare Commission (SAWC) which is due to appear before the Holyrood’s Rural Affairs, […]
Industry
December 28, 2022
Genesis Global Laid off 140 Employees, Filed for Insolvency
Malta-based gaming firm Genesis Global presented its local employees with an unexpected Christmas present, informing them that they have become redundant just two days before the festive period. Notice for Christmas Present Around 140 employees received an e-mail on Friday telling them that Genesis Global has filed for insolvency and, as the firm is permanently […]
Industry
December 28, 2022
Mississippi’s Casinos Drive $2.3B in Gross Revenue in 11 Months of 2022
The Magnolia State casinos enjoyed a robust performance in the surveyed period, boosting overall tax contributions to the budget significantly. This is especially important given the fairly low rate of taxation Mississippi levies casinos with, including 4% for the first $50,000 in gross revenue, 6% for the next $84,000 in gross revenue, and 8% for […]
Industry
December 28, 2022
NSW Police Commissioner Welcomes Cashless Gambling for Pokies
The latest official to support the measure is NSW police commissioner Karen Webb who said that tougher measures are necessary to stop dirty money flowing throughout the state’s pokies machines. The matter has driven a wedge between hospitality industry backers and officials who believe that the state’s gaming operations are abused by criminals who have […]
Industry
December 23, 2022
Nevada Updates Gambling Regulations to Prevent Cyber Attacks
The Nevada Gaming Commission unanimously voted in favor of implementing updated cybersecurity regulations. The state’s casinos will need to introduce tighter control over their online operations to better protect against leaks of sensitive information such as client data. Industry representatives supported the changes, with most high-profile brands already featuring adequate data breach safeguards. Online Security […]
Industry
December 23, 2022
Five New Kindred Group Board Members Nominated
Kindred’s board of directors may soon expand as the company’s Nomination Committee just proposed five new members. The company’s board until the next annual general meeting will likely consist of a total of nine members without any deputy members. The Nomination Committee Proposed Five New Board Members The Nomination Committee proposed the re-election of four […]
