Industry
September 24, 2021
UK Gambling Commission Slams UK Lotto with $1 Million Fine
EU Lotto that operates Lottoland in the UK was fined $1 million (£760,000) by the Gambling Commission (GC). The GC revealed that the fine was the result of breaches of social responsibility and anti-money laundering rules between October 2019 and November 2020. GC Fines Operator over Failures to Meet Regulations The UK Gambling Commission (UKGC), […]
Industry
September 24, 2021
The Nevada Gaming Commission Bids Farewell to its Chair and to Dubai World
Thursday was the D-Day for Dubai World, as the Nevada Gaming Commission (NGC) has signed off on Dubai World’s exit. Dubai World, a Dubai investment arm in the UAE, had a 14-year partnership with MGM Resorts International in developing Las Vegas’ own CityCenter. Chairman John Moran also said goodbye to the Commission who has been […]
Industry
September 24, 2021
Sportsbet’s Advertising Spend Fuels Calls for Blanket Ban
Gambling advertising money is among hot topics in Australia again, after Sportsbet, a sports betting brand owned by Flutter Entertainment, revealed it was among the top advertisers in the country in 2020. Millions on Gambling Ads An investor presentation held by Flutter Wednesday revealed Sportsbet spent AU$139 million ($101.5 million) on advertising and sponsorship in […]
Industry
September 24, 2021
SJM Expects Macau to Cut the Casino License Validity Period to 10 Years
SJM Resorts officials are convinced fresh 2022 tenders are in line for all six operators that are currently in business in Macau. However, it is the company’s belief that the licenses will not last as long as they did before. When Stanley Ho’s monopoly on the gambling market was ended by Macau, which is at […]
Industry
September 24, 2021
Nagasaki’s IR Growth Plans Depend on Local Traffic, Not Foreign Tourism
One of the main reasons Japan has been trying for more than two decades to bring integrated resorts (IR) and casino gambling to the country is to promote international tourism. The tourism industry always means big money for any country that manages it properly, and Japan’s government finally convinced enough people that introducing IRs was […]
Industry
September 23, 2021
Nuvei Takes Charge of Payments at 888’s SI Sportsbook
Provider of payment solutions Nuvei Corporation announced that it has reached an agreement with 888 Holdings to take charge of payment processing for the Gibraltar-based gambling group’s newly launched SI Sportsbook. Innovative Payment Services The agreement between Nuvei Corporation and 888 Holdings will see Nuvei’s Instant Bank Transfer technology power payments for the sportsbook brand […]
Industry
September 23, 2021
Betsson’s Chairman to Leave Amid Wave of Distrust
The Swedish iGaming giant Betsson Group has seen its chairman, Patrick Svensk, step down from his position and leave the company following a wave of distrust by Betsson shareholders. The reason behind Svensk’s decision is the critique of his handling of the recent departure of Pontus Lindwall, the company’s former CEO. Lindwall’s Leave from Betsson […]
Industry
September 23, 2021
Entain Foundation Partners With UNLV for a Gaming and Betting Research
Entain Foundation US, the charity division of Entain, has teamed up with the University of Nevada Las Vegas (UNLV) for a research initiative concerning gaming and betting. The non-profit foundation will supply a founding grant to UNLV to complete the project. The main aim of the research will be to combine it with operational expertise […]
Industry
September 23, 2021
Macau Gaming Investors, Operators Breathe Collective Sigh of Relief
COVID-19 was damaging to the global gaming community in more ways than one, but operators were somewhat given an opportunity to prepare. The roller coaster ride in performance was dragged out over more than a year, making it easier – but still unpleasant – for casino companies to adjust their activity. However, as bad as […]
Industry
September 22, 2021
EPIC Risk Management’s US Subsidiary Sets Foot in Delaware
Independent gambling harm-prevention consultancy EPIC Risk Management is moving in a proactive way to expand its presence in the US as sports betting in North America is booming. In Line with EPIC’s Broader Strategy Having affirmed its presence in Europe and the UK, the gambling harm minimization firm is setting up a subsidiary in the […]