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Industry News and Headlines
Industry
August 24, 2022
Five New Members Join YGAM’s Board
The Charity Commission, Britain’s charity regulator, approved several new additions to the board of the Young Gamers and Gambling Education Trust (YGAM). All new members are experienced professionals who will be a great addition to the team. Five Members Join YGAM’s Board YGAM has the charitable mission to inform, educate and protect the youth from […]

Industry
August 24, 2022
Trial Against Junket Boss Alvin Chau Scheduled for September 2
The trial against Suncity Group founder and former CEO Alvin Chau has been scheduled for September 2, 2022. There are over 200 charges against Chau and 20 other defendants, which were involved in money laundering and fraud among other offenses. The trial, however, is very likely to be postponed as it is expected that some […]

Industry
August 24, 2022
Fanatics Betting Appoints another FanDuel Veteran
US e-commerce and online sports giant Fanatics appointed industry veteran Andrew Kleiman as VP of retail operations for the company’s sports betting and gaming arm. Kleiman announced his new appointment via his LinkedIn profile and received warm goodbyes from his former colleagues at fantasy sports operator FanDuel. Fanatics Prepares to Launch Its Sportsbook Project In […]

Industry
August 24, 2022
Indonesia to Continue Blocking Illegal Gambling Activities, Minister Says
Indonesia’s minister for communication and information technology, Johnny G Plate, has announced that authorities will do everything they can to block and remove online gambling sites. Plate stated that even though the ministry has the tools, it takes a lot of legwork to check whether these types of systems are legitimate. Over 500,000 Illegal Sites […]

Industry
August 24, 2022
Playtech Powers Buzz Bingo with a Single Wallet Solution
Global gaming tech developer Playtech has expanded its existing agreement with the British bingo and slots operator Buzz Bingo. The provider has now armed Buzz Bingo with a single wallet solution. The Solution Allows Players to Play Retail and Online Playtech’s single wallet tech will create a universal way for customers to add money to […]

Industry
August 24, 2022
Macau Sees Decline in Crime as Visitation Numbers Fall
Macau’s sweeping changes across the gambling industry have presented challenges for concessionaires in the Special Administrative Region (SAR) but they have also helped clear much of the petty crime and criminal incidents that took place at gambling properties across the city. According to a new report by Macau’s security secretary Wong Sio Chak, this is […]

Industry
August 24, 2022
Gambling Companies Won’t Get Relief in Queensland Tax Hike
Queensland is unlikely to show leniency in the way it taxes resources and gambling companies in the state. BHP chief executive, Mike Henry, cautioned that the mining giant may need to temporarily pause its plans to launch the Blackwater South coalmine as a newly proposed tax regime may undermine its feasibility. This, though, has not […]

Industry
August 24, 2022
Greekgodx Distances Himself from ‘Gambling Degenerates’
Twitch streamer Dimitri ‘Greekgodx’ Antonato used his latest appearance to launch an attack on fellow Twitch streamers who plowed into gambling in their streams, adamant that he does not want to be involved with them. No Association with Gambling Streamers When asked by his viewers why he does not spend much time with them, Greekgodx […]

Industry
August 23, 2022
Paysafe’s eCard Targets Underserved Population in Argentina
Specialized payments platform provider Paysafe announced today that it has entered Argentina bringing its prepaid online payment solution paysafecard to the largely underserved population in the Latin American country. Near Future Growth Potential The launch of Paysafe’s market-leading eCash payment solution in Argentina marked another step for the London-based payment provider in its quest to […]

Industry
August 23, 2022
Boris Chaikin Steps Down from His CEO Position with Soft2Bet
Boris Chaikin, the first CEO of Soft2Bet Group, the growing software solutions provider for the iGaming and sportsbook industry, announced his plans to step down. Soft2Bet Group Decides to Step Down In a statement released via LinkedIn today, Chaikin said he is stepping down from the position of CEO of the company. He thanked Uri […]
