Industry
September 19, 2024
Thai Boxer Sutthiwat Arrested for Promoting Gambling on FB
Thailand is one of the countries where the fight against unlicensed online gambling has been intertwined with talks regarding the potential legalization of casino gaming for years. In April, the country located in the heart of Southeast Asia introduced a fresh policy that would deem illegal gambling operations as serious economic crimes. Between October 2023 […]
Industry
September 19, 2024
NC Lottery Commission Proposes Sports and Pari-Mutuel Wagering Rules
On Wednesday, the independent, self-supporting, and revenue-raising agency of the State of North Carolina, the North Carolina State Lottery Commission, issued a notice of proposed rulemaking. The agency responsible for licensing and regulating sports betting and wagers on horse racing, under the Sports Wagering and Pari-Mutuel Wagering law, had its sports betting committee unanimously vote […]
Industry
September 18, 2024
Australia to Introduce New Guidelines for Games with Loot Boxes and Gambling
Australia has created new classification guidelines for video games that contain gambling-like content. This addition comes amid growing concerns about Australia’s gambling harm rates and worries about potential links between video games containing gambling-like mechanics and gambling addiction. The New Measure Aligns with Australia’s Efforts to Protect Younger Citizens from Harm The new measure would […]
Legal
September 18, 2024
British Columbia Cracks Down on Suspected Casino Money Laundering Scheme
The British Columbia government is seeking a court order to forfeit CAD880,000 ($647,000) deposited as a bond with the Canada Border Services Agency by a man the government alleges was a multimillionaire leader of a criminal gang that ran illegal gaming houses and laundered money through casinos. The suspect, T.L., reportedly has ties to Chinese […]
Business
September 18, 2024
FDJ Secures Regulatory Approvals for Kindred Takeover, Sets Closing Date to October 2
La Française des Jeux (FDJ) is proceeding with its acquisition of Kindred Group. Having cleared all regulatory approvals, the former company provided a closing date for the deal. The French operator, however, must still secure additional approvals from Kindred’s investors. FDJ Will Close the Deal on October 2 The French group said that it has […]
Industry
September 17, 2024
Brazil Warns Unlicensed Operators to Cease Operation from October 1
Brazil’s Ministry of Finance warned that sports betting businesses that have failed to apply for a license will be suspended from October 1. This deadline comes ahead of the launch of Brazil’s regulated sports betting and aligns with the country’s ambition to shift toward a more orderly market. Operators That Have Applied for a License […]
Business
September 17, 2024
Bally’s Acquisition Steams Ahead, Avoiding FTC Scrutiny
Bally’s Corporation, a leading player in US gaming and entertainment, recently announced it has signed a definitive merger agreement with its largest shareholder, Standard General L.P. The deal, valued at $18.25 per share, appears poised to move forward without facing federal antitrust scrutiny, as the regulatory waiting period has expired without objections from the Federal […]
Industry
September 17, 2024
Missouri Poll Says 52% of Respondents Support Sports Betting
A recent survey from Emerson College Polling/The Hill conducted with the help of The Hill and Nexstar Media has revealed a significant majority of likely Missouri voters were in favor of legalizing sports betting, a measure that will appear on the November ballot. The poll, conducted between September 12-September 13, gathered data from 850 “very […]
Industry
September 17, 2024
ANJL Answers Claims Bettors Sacrifice Household Expenses to Play
At the start of the week, we reported the president of the Brazilian Federation of Banks, Isaac Sidney, asked the government to speed up the ban on using credit cards to place online bets, reiterating the growing concerns regarding problem gambling in the country. On the same day, the country’s betting trade body, the National […]
Industry
September 17, 2024
Sky Betting and Gaming Reprimanded by ICO over User Data Sharing
In the digital world, advertising is everywhere. From TV to social media and even smartphone apps, ads can be found almost everywhere. To target specific customers, companies often sell customer data as a way to reach different audiences. While that’s not unusual in some cases, when it comes to gambling, such ads can have a […]
