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Industry
December 9, 2024
FanDuel Faces $10,000 Fine in Massachusetts for Betting Rule Violation
FanDuel Sportsbook is on the receiving end of a $10,000 fine issued by the Massachusetts Gaming Commission (MGC) after a compliance slip-up allowed wagering on in-state college teams, a clear violation of state sports betting regulations. This fine marks the second regulatory intervention in recent months, as BetMGM also faced sanctions in October. FanDuel Had […]
Industry
December 9, 2024
Rise of Betting Apps Contributes to Gambling Addiction Crisis
In mid-November, we spoke about the latest report from the Lancet Public Health Commission that was warning of a series of public health risks from the online gambling boom. Now, almost three years after the launch of the mobile sports betting market in New York, similar concerns have been expressed by New York clinicians, including […]
Industry
December 9, 2024
Ukraine Suspects iGaming Operator’s Owners of Helping Russia
An online casino in Ukraine has been accused of possible ties to Russia. As Russia’s invasion continues and the war just surpassed its 1,000th day, Ukraine remains bullish on weeding out all subversive influence from its neighbor. Pin-Up Believed to Be Associated with Russia The Kyiv Independent reported that, on December 5, the State Bureau […]
Industry
December 9, 2024
BC.Game Controversy Puts UK White Label Sponsorships at Risk
White label sponsorship deals are in the sights of lawmakers in Great Britain. The decision to review such practices was confirmed by the gambling minister, Baroness Twycross, earlier this month. During a conference by GambleAware, the minister acknowledged the growing number of white label deals, explaining that she is in discussion with the gambling regulator, […]
Industry
December 9, 2024
NGCB Wants Simplified House Rules for Sportsbooks
Last month, Nevada Gaming Control Board (NGCB) members touched on the subject of a possible expansion of wagering account usage within the state’s non-restricted gaming venues, including casinos. In September, the same gambling regulator announced it would review a proposal seeking to bar banned gamblers from getting paid jackpots at venues across the state. At […]
Industry
December 9, 2024
Australians Outraged After Kids See Betting Ads on Snapchat
Australian proponents of a ban on gambling ads have been outraged to learn that minors were able to see promotional Snapchat filters from Sportsbet. While the operator promised that it had taken all reasonable steps to ensure its content only reaches adults, some doubted that was the case. Children Could See the Promotional Filters As […]
Industry
December 9, 2024
Senators Demand Antitrust Investigation into FanDuel and DraftKings
Two US senators, Mike Lee (R-Utah) and Peter Welch (D-Vt.), have asked federal regulators to look into possible antitrust rule-breaking by top online sports betting sites FanDuel and DraftKings. Lawmakers Urge FTC and DOJ to Investigate Potential Collusion Between FanDuel and DraftKings The lawmakers sent a letter on December 5 to the Federal Trade Commission […]
Industry
December 9, 2024
NZ Racing Minister Calls for TAB to Govern Online Betting
Planning changes to its gambling industry, New Zealand hinted at the possibility of introducing legal online gambling. While the country is considering regulating iGaming by 2026, a new proposal calls for changes to the existing framework that would propel the monopoly of the operator TAB NZ. TAB NZ May Grow Its Monopoly Model Currently, TAB […]
Industry
December 6, 2024
Analysts Apprehensive of Las Vegas, Optimistic About Macau’s Growth
Despite a promising outlook for Macau, analysts remain cautious about the trajectory of the Las Vegas gaming market as Strip revenues continue to show year-over-year declines. With the difficult comparisons against the strong performance in late 2023, there are still concerns regarding the near-term prospects of Nevada’s flagship gaming destination. The Strip Struggles to Regain […]
Industry
December 6, 2024
Swedish Court Reduces Fine Against Videoslots
The Linköping administrative court in Sweden has significantly reduced a fine imposed on Videoslots by the country’s gambling regulator, Spelinspektionen. The penalty, initially set at SEK 9 million ($827,000) for anti-money laundering (AML) and terrorist financing violations, was slashed to SEK 4 million ($367,000) after an appeal by the online casino operator. However, Spelinspektionen’s warning […]
