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Industry
April 27, 2022
GambleAware Demands for Mandatory Levy on Gross Gambling Yield
GambleAware, a UK-based independent charity that provides prevention and treatment services throughout England, Scotland, and Wales, has demanded the British government introduce a mandatory levy of one percent on gross gambling yield (GGY) in order to fund research, education, and treatment of problem gambling. According to the charity organization, the risk of people who experience […]
Industry
April 27, 2022
IGT Completes G4 Grand Slam Responsible Gaming Certifications
Supplier of gambling and lottery technology International Game Technology (IGT) became the first US gaming industry supplier to receive accreditation for its sports betting operations from the Global Gambling Guidance Group (G4), the tech company announced this week. ‘Leading the Industry with Responsible Gaming Initiatives’ The accreditation granted for IGT’s sports betting operations by G4 […]
Industry
April 27, 2022
Kambi’s Revenues Declined by 15% in Q1 But Nylén Remains Unfazed
Kambi Group, a business-to-business provider of sports betting services, has seen a steep decline in its revenues during the first quarter of 2022. Kambi Group Revenues Were Hit by DraftKings’ Migration According to the company’s official figures, the revenues for Q1 of 2022 were 15% lower than those in Q1 of 2021. The first three […]
Industry
April 27, 2022
Gambling Activities Yet to Surpass Pre-pandemic Levels, UKGC Report
Details from new research, published by the UK Gambling Commission (UKGC), reveal that participation in gambling activities in the country is yet to reach the pre-pandemic levels. GC Releases Report about the Gambling Activities in the UK The survey was conducted by Yonder Consulting. The participants included adults aged 16 and over that are interviewed […]
Industry
April 27, 2022
UKAT Sees Increase in Gambling by UK Youths Aged 16-26
A new analysis by the UK Addiction Treatment Group (UKAT) has taken a look into publicly available UK Gambling Commission (UKGC) data to establish the rate of participation in online gambling by Britons. According to the organization, there have been several worrying trends, including the increased participation in gambling by individuals aged 16 to 24. […]
Industry
April 27, 2022
Bally’s and Cleveland Browns Reveal Sports Betting Partnership
Bally’s Interactive and Cleveland Browns have struck a new partnership that puts the gaming giant in the position of an official sports betting collaborator. The tie-up between Bally’s and the NFL franchise will focus on a number of operations, including a new mobile sportsbook as well as a dedicated VIP lounge. On-site and Mobile Betting […]
Industry
April 27, 2022
Australians Post Record Losses on Pokies in Victoria for March
Australians are known for their passion for gambling and the pokies. Yet, they are also known as the world’s “biggest losers” suggestive of the excessive amounts gambled and lost on various products in the country. Now, the Alliance for Gambling Reform has sounded a fresh alarm, reporting that Victorians had lost $257.3 million in March […]
Industry
April 26, 2022
Interventions and Family Support Can Prevent Gambling Addiction
There are many ways to address gambling addiction it seems, and the role of psychological interventions and family support is finally coming into focus. According to Dr Rosalina Caoile, more attention should be put on these practices as they could prove pivotal in stemming addictive practices in the bud and enable individuals to feel better […]
Industry
April 25, 2022
LeoVegas’ Blue Guru Games Studio Marks First Slot Launch
Blue Guru Games, a game studio part of LeoVegas Group, announced the launch of its first slot title, The Nemean Lion, in preparation for further launches in the second half of the year. The First of Many The Nemean Lion, the first in Blue Guru Games’ future portfolio of slot games, is now available through […]
Industry
April 25, 2022
Macau’s Casinos May Be Holding up to $6.4B in Frozen Junket Funds
The relationship between casino concessionaires in Macau and junket operators has never been exactly amicable, but a sweeping change to the existing laws is not making it any easier. Many of the present-day issues pertain to questionable practices in the past and the present-day realities are something that analysts, including Credit Suisse’s Kenneth Fong, Lok […]
