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Industry
July 3, 2023
Golden Matrix and MeridianBet Amend Acquisition Terms
Gaming technology and content supplier, Golden Matrix Group Inc. (GMGI), and MeridianBet Group announced an amendment to the definitive agreement reached at the beginning of the year. Less Cash, More Stock The Amended and Restated Purchase Agreement for the acquisition of MeridianBet Group and its related companies by GMGI extends the required closing date of […]
Industry
July 3, 2023
MGM National Harbor Employees Vote in Favor of Unionization
With affected workers already discussing the terms of their first contract with the union, their decision may have widespread consequences for the region’s hospitality industry. Rising discontent among casino workers in North America prompts more employees to consider unionization, ensuring their concerns receive proper attention. Parking Ambassadors Presented a United Front Parking ambassadors at Maryland’s […]
Casino
July 3, 2023
New Jersey Governor Considers Five-Year Extension of Internet Gambling
However, the approved legislation has left both industry insiders and Atlantic City casinos puzzled due to unexpected changes made earlier in the week. New Jersey’s Internet Gambling Extension Cut Short, Causing Concern Among Stakeholders The original plan was to grant a ten-year extension to Internet gambling, which has been in operation for a decade now. […]
Industry
June 30, 2023
Hungary: Regulator to Start Blocking Illegal Gambling Payments
Hungary’s Supervisory Authority for Regulated Activities (SZTFH) announced today that the blocking of bank accounts linked to illegal gambling operators would begin from July 1. Payments to Illegal Gambling Websites Will Be Refused The SZTFH notified all interested parties that it would work in close cooperation with the banks to implement restrictions on deposits to […]
Industry
June 30, 2023
MGCB Expects to Receive $51M in Funding for FY2024
The gambling regulator in Michigan, the Michigan Gaming Control Board (MGCB), would benefit from nearly $51 million in funding, after the state’s legislators reached an agreement for the Fiscal Year 2024 budget. Overall, some $50.7 million would be dedicated to the regulator, allowing it to continue to effectively monitor the market and promote responsible gambling. […]
Legal
June 30, 2023
Belgium Clears the Path for Tough Restrictions on Gambling Ads
Deals between professional sports organizations and gambling companies help bring valuable proceeds for the clubs, allowing them to continue to grow. Yet amid concerns about an increase in sports betting activities and consequently risky or problem gambling behavior, many countries around Europe are strengthening their regulations. This applies not only to gambling sponsorships but external […]
Industry
June 30, 2023
VIXIO Embraces Innovation with Its Newest Data Hub Service
With the ever-evolving landscape of regulatory requirements, businesses must increasingly rely on external tools to remain compliant with regulations and make informed decisions. VIXIO’s newest solution bolsters high-level decision-making, analyzing available data to improve planning efforts and highlight potentially hidden business opportunities. The New Solution Answers Rising Market Challenges VIXIO Regulatory Intelligence is a leading […]
Business
June 30, 2023
NOVOMATIC Enjoys 13.6% Brand Value Increase, Continues to Grow
Each year, the Austrian Brand Value Study evaluates businesses and companies in the country, compiling a top 10 list. Within the 2023 ranking, some 180 Australian brands and companies within 16 different industries were probed. The latest Austrian Brand Value Study by the European Brand Institute ranked the leading international provider of gaming technology, NOVOMATIC, […]
Insider
June 30, 2023
ZingBrain AI CPO Oleg Smolerov: “AI is Transforming Online Gaming – Make It Work for You”
Artificial intelligence (AI) technology has well and truly arrived in the public consciousness over the last few months, with tools such as ChatGPT, DALL·E 2 and Midjourney delighting millions of users worldwide. At the same time, AI’s first mass-market moment has been greeted with both excitement and concern, as businesspeople, politicians and other stakeholders get […]
Legal
June 30, 2023
Illinois Poised to Offer Ex-Convicts Second Chance in Casinos
Governor J.B. Pritzker is now the one holding the fate of people who have served prison sentences and are looking to reintegrate into society with Senate Bill 1462 awaiting the gubernatorial signature before it may be passed into law. Second Chance for Illinois ex-Convicts at Casinos Senate Bill 1462 will not necessarily grant exclusive hiring […]
