Industry
May 23, 2022
UK Law Reform About to Remove Betting Logos from Football Shirt
This June, the UK government is set to review its laws on gambling, and it appears that sweeping changes are underway. Policymakers are targeting football shirt betting logos, in particular, to draw attention to the issue of gambling addiction among Britain’s youth. This measure is only one of many included in the forthcoming white paper […]
Industry
May 23, 2022
Arizona Man Arrested for Abandoning Kids in Casino Parking Lot
A man in Glendale, Arizona, has become the latest irresponsible parent to make headlines in the United States as the 39-year-old person was found to have left children unsupervised in a vehicle outside of Scottsdale’s Casino. The culprit, Keo Bunchhor, was charged with child abuse, local TV station KSAZ reported and he was released on […]
Industry
May 23, 2022
Reset App Allows Victorian Bettors to Be in Control
Bettors in the state of Victoria, Australia, have another tool to help them keep their gambling habits in check. Thanks to a new app, local punters can get in control of their spending behavior and prevent gambling harm. Reset Provides the Help Victorian Bettors Need The application is called Reset and provides a much-needed self-help […]
Industry
May 23, 2022
Meghalaya Doesn’t Think Scrapping Gaming Act Is Good
The State of Meghalaya in India is likely to proceed with its legalization push, or rather the expansion of the current gambling operations in the state. Responding to criticism of the current way gambling is regulated in the state, state chief minister Conrad K. Sangma said on Saturday that a proposal to repeal the existing […]
Industry
May 20, 2022
Catena Media Launches Strategic Review, Considers Asset Sales
Gambling affiliate operator Catena Media published a press release today to signify that third-party interests to acquire certain Catena Media assets triggered a strategic review of the business. Sales of Assets Effect Evaluation In the official statement, Catena Media outlined the board’s commitment to continuously evaluate any strategic initiatives for the company, including “potential transactions, […]
Industry
May 20, 2022
Tabcorp’s Lottery & Keno Demerger Greenlit by Court
At the end of March, Australia’s lottery operator Tabcorp announced its lottery and keno demerger will be subject to a shareholder’s vote. On May 12, its shareholders showed overwhelming support for the proposal, with close to 99% of all votes expressed during the general meeting favoring the demerger, around 0.17% of votes going against it, […]
Industry
May 20, 2022
O’Neill Steps Down as Star’s Executive Chairman
At the beginning of the month, ex-rugby star and Star Entertainment chairman of Star Entertainment Group John O’Neill announced he would temporarily take over the managing director and chief executive officer position. Now, O’Neill announced his resignation just days before a public hearing where he will testify in regards to the group’s casino in Sydney. […]
Industry
May 20, 2022
Playson’s Product Owner Perished in the Ukraine War
The war in Ukraine continues to take its toll on the industry. Playson, a leading game developer for the regulated gambling industry, announced that its product owner has perished in the fighting. Honcharuk’s Contributions Are Immeasurable Oleksandr Honcharuk worked as a product owner at Playson for over two years. The talented industry specialist joined the […]
Industry
May 20, 2022
Crown Investors Approve Blackstone’s Takeover Bid
As Blackstone prepares to acquire Crown Resorts, the casino company inquired about its investors’ opinion on the deal. As it turns out, most of them support the takeover. Crown’s Shareholders Approve the Scheme Blackstone, an American investment management company, announced its intentions to acquire Crown Resorts. The Australia Foreign Investment Review Board reviewed the deal […]
Industry
May 20, 2022
Bernstein: Digital RMB May Benefit Macau Gambling
Finance experts from Bernstein have analyzed how going cashless might affect Macau’s gambling economy. The analysts believe that it will revitalize the sector – something it desperately needs right now. Bernstein Spoke about Macau and Digital RMB Bernstein finance specialists have commented on the prospects of introducing China’s virtual currency, the digital renminbi (digital RMB) […]
