Industry News and Headlines
Industry
May 17, 2022
Law Will Allow Macau to Alter Casino GGR Requirements
Macau’s gaming laws have been the main topic of discussion in the recent period and now, it has been revealed that the government of this special administrative region will have the power to alter the minimum required GGR that concessionaires need to reach based on economic conditions. Macau’s Gaming Law is Facing Several Amendments Apart […]
Industry
May 17, 2022
Rhodes Discussed Affordability and the Black Market
Andrew Rhodes, the new chief executive officer of Britain’s Gambling Commission, says that affordability should be the priority. According to him, there is a balance to be found between engaging play and safe gambling. Affordability Is the Priority In light of the current Gambling Act review, Rhodes believes that the UKGC and its licensees must […]
Industry
May 17, 2022
Carolina Panthers’ Owner Invested in Las Vegas Sands and Wynn Resorts
David Tepper, the owner of the Carolina Panthers, expanded the equity portfolio of Appaloosa Management, his personal hedge fund. The NFL franchise owner invested in two gambling companies, namely Las Vegas Sands and Wynn Resorts. Appaloosa Expects the Share Prices to Go Up Tepper’s investments in Sands and Wynn Resorts were the only new equity […]
Industry
May 16, 2022
OlyBet Reinforces Portfolio with Ezugi Live Casino Content
Ezugi, an Evolution Group-owned live casino provider, has expanded its footprint in Europe through a new deal. The supplier will work together with OlyBet, a Baltic-oriented sports betting and casino operator. OlyBet Adds Ezugi Content As per the deal, Ezugi will power OlyBet with its proprietary live casino content. This will include some of the […]
Industry
May 16, 2022
Merkur Group UK to Fund YGAM’s Mindful Resilience Programme
Merkur Group’s UK subsidiary affirmed the business’ commitment to safer gambling by offering support to the next phase of the Mindful Resilience Programme launched by the Young Gamers and Gamblers Education Trust (YGAM). Access to Safer Gambling Training Merkur Group UK announced its support to the program developed by the YGAM in partnership with Bournemouth […]
Industry
May 16, 2022
The AGCO Allows DraftKings to Launch in Ontario
DraftKings, an American fantasy sports and sports betting company, has successfully received approval to launch in Ontario. The operator is one of the few to receive a two-year license. DraftKings to Launch in Ontario Shortly after Ontario announced its plans to launch a regulated sports betting and iGaming market, it quickly became one of the […]
Industry
May 16, 2022
New York to Tackle Scratch-off Ticket Addiction with QR Codes
All addictions can be harmful, and gambling is no exception. As a means to combat that and provide help, New York is implementing a new QR code system on scratch-off tickets for quick connections with trained professionals. Problem gambling gets attention Problem gambling or gambling addiction can be an issue for anyone from any walk […]
Industry
May 16, 2022
US iGaming Has a Lot of Potential, AGA Says
The latest State of the States report by the American Gaming Association (AGA) shows how the various gambling verticals fared in 2021. IGaming Is the Most Profitable Vertical The report showed that iGaming is easily the fastest-growing form of gambling. As of now, only the states of Connecticut, Delaware, Michigan, New Jersey, Pennsylvania and West […]
Industry
May 16, 2022
Charities Insist for More Contributions to Tackle Problem Gambling
The gambling industry in the UK has been pummeled by do-gooders repeatedly. In a recent publication by The Guardian, the media argues that the British gambling industry should be contributing more to tackling problem gambling. The industry has tripled its revenue, the publication argues, but this has not come at a significant increase in the […]
Industry
May 13, 2022
Codere Online Reported Strong First Quarter Driven By Mexico
Latin American-focused online gaming operator Codere Online posted its first quarter of 2022 financial results, picking up where it left in 2021 with double-digit growth in total revenue and net gaming revenue. Growth in Total Revenue and Net Gaming Revenue Codere Online, a former division of Godere Group which was spun as an independent business […]