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Industry News and Headlines
Industry
April 6, 2022
MP to Not Face Further Scrutiny over Entain Donations
Campaigners from Clean Up Gambling got infuriated after Kathryn Elizabeth Stone OBE, the Parliamentary Commissioner for Standards has announced that most probably the watchdog will not launch an investigation into Craig Whittaker for failing to provide information on donations he received from the Gibraltar-based gambling company, Entain Operations Ltd. Whittaker Walks Away Scott-Free from Scathing […]
Industry
April 5, 2022
MP Hails UK Government Recognition of Racing Industry Vulnerability
The changes in the gambling industry in the United Kingdom will impact both the sports as well as the racing industry and the government is finally beginning to realize this. MP Laurence Robertson feels confident that this realization would allow those in charge of the Gambling Act 2005 review to consider treating each segment individually […]
Industry
April 5, 2022
Odds On Compliance Launched Game-Changing Playbook
Technology and consultancy sports betting, online gaming and gambling regulatory specialist Odds On Compliance announced the launch of its game-changing regulatory technology platform Playbook. Technology Fused with Continuously Updated Information The new technology platform Playbook launched by Odds On Compliance is the world’s first to provide a comprehensive overview of US state statutes, regulations, technical […]
Industry
April 4, 2022
DraftKings & Mashantucket Pequot to Bring Sportsbook to Puerto Ricans
NASDAQ-listed digital gaming and sports entertainment company DraftKings has decided to expand its relationship with the Mashantucket Pequot Tribal Nation. The two have agreed to bring DraftKings’s retail and online sports betting verticals to the people of Puerto Rico. The two products first need to be subject to a series of legal approvals and licenses […]
Industry
April 4, 2022
Arizona: Sports Betting Revenue Soars in January, Surpasses $500M
Sportsbooks in Arizona have seen a new record after sports fans wagered more than half a billion dollars in January, according to a new report. Arizona Sportsbooks Surpass $560M in Wagers for January It was back in September last year when Arizona launched its sports betting market. After a few months of operation, sportsbooks have […]
Industry
April 4, 2022
Camelot Takes UKGC to Court for Allegedly Favoring Allwyn Entertainment
In March, UK’s Gambling Commission (UKGC) announced Allwyn Entertainment as its favorite applicant for receiving a license to operate the National Lottery from 2024 onwards. The decision would remove long-standing Camelot from its three-decade reign over the country’s lottery reins. At the end of March, Camelot notified the media that it would consider challenging the […]
Industry
April 4, 2022
NagaCorp Reports Strong 1Q2022, Preliminary Results Say
NagaCorp, the company that operates NagaWorld located in Phnom Penh, Cambodia, announced its unaudited financial results covering the period that ended March 31, 2022. NagaCorp on Its Way to Financial Rebound Last year, the company has seen difficulties mainly because of COVID-related closures. Due to the COVID-19 pandemic, NagaCorp had to temporarily suspend its operations […]
Industry
April 4, 2022
Survey Claims Parent Problem Gambling Affects Children in Australia
Australia is a place where people do enjoy a flutter. However, a new landmark study by the Australian National University suggests that there are issues that run deeper in families and impact as many as 200,000 Australian children younger than 15. A Look at Passing Down Problem Gambling to Children Researchers have found out that […]
Industry
April 1, 2022
Star Entertainment Took $1.3B from Xiangmo, a Dangerous Chinese Billionaire
Star Entertainment continues getting into trouble. The company is currently being reviewed after it was accused of being involved in money laundering, foreign interference, crime, and fraud. According to a recent finding, Star allowed a Chinese billionaire to deposit billions without checking his source of income. Star Entertainment’s Closeness with Xiangmo Is Concerning Huang Xiangmo […]
Industry
April 1, 2022
Parimatch Tech Transitions to Sole CEO Management Model
Parimatch Tech, the parent company of CIS sports betting operator Parimatch, announced several structural changes to its senior management team that will see the business shift to sole chief executive officer. Moving to Single Management Model Following the decision of co-CEO Roman Syrotian to step down from the executive position and assume a board supervisory […]