Industry
September 12, 2024
Australian PM Defends Partial Gambling Ad Ban despite Rising Controversy
Australian Prime Minister Anthony Albanese has defended his government’s partial ban on gambling advertisements, pushing back against calls for a complete ban during question time in Parliament. He responded after the opposition highlighted recent polls indicating most Australians supported a full ban to come into effect as soon as possible. The Government Is Hesitant to […]
Sports
September 12, 2024
MLS Terminates Contract of Felipe Hernandez for Gambling Violations
Major League Soccer has announced that the contract of Sporting Kansas City midfielder Felipe Hernandez has been terminated, as he has committed a second violation of the league’s gambling policies. The 25-year-old homegrown player, who has been on administrative leave since June 2024, reportedly breached the terms of his January 2022 reinstatement, which required continued […]
Industry
September 12, 2024
Brain Health of Seniors in Japan Boosted by Pachinko Games
Japan is among the countries in Asia that has strict laws when it comes to gambling. Although once popular, over the last two decades, the pachinko industry has been shrinking. Now, the sector may be revitalized thanks to a surprising target audience, namely, elderly people. Pachinko games are based on the popular pinball machines in […]
Industry
September 11, 2024
Kane Purdy Highlights the Importance of GamProtect at Launch Event
Kane Purdy, operations managing director at Gamesys, participated in the launch event of GamProtect, a new player safety scheme. At the event, Purdy, who also serves as chair of GamProtect’s board, spoke about the scheme, highlighted its importance and thanked everyone who made its launch possible. GamProtect Launches amid Rapid Industry Growth GamProtect was been […]
Industry
September 11, 2024
Austria: OVWG Advises Reforms Following Supreme Court Ruling
The Austrian Association for Betting and Gambling (OVWG) has appealed for gambling reforms amid an increase in gambling-related lawsuits. According to the organization, the recent Supreme Court decision underscores a need for better and more precise gambling regulation. The OVWG Advised Reforms In August, Austria’s Supreme Court ruled that local players can sue online gambling […]
Industry
September 11, 2024
Special Master in Arkansas Finds Issues with Anti-casino Ballot Signatures
Special master to the Arkansas Supreme Court Randy Wright claims close to 6,000 signatures given in support of an anti-casino ballot initiative have insufficient addresses, which is reason for them to be disqualified. The special master’s report will inform the highest court whether the votes cast on the constitutional amendment proposal for November should be […]
Industry
September 11, 2024
Singapore Greenlights Cashless Gambling in Casinos
Singapore’s two casinos will soon offer their customers cashless gambling options after important changes to the Casino Control Act pushed by lawmakers in the country. On Tuesday this week, Sun Xueling, the Minister of state for home affairs and for social and family development, spoke about the important changes and how they affect casino operators. […]
Industry
September 11, 2024
Government in Thailand Hints at Plans for Three Casino Resorts in Bangkok
The new government in Thailand is exploring options for casino gambling at several locations across the country, including at least three in Bangkok, local media reports suggest. Last month, the country took a major step toward casino resort regulation. This happened after a draft casino bill was released which outlined key regulations related to integrated […]
Business
September 11, 2024
Wynn Issues $800M Debt to Redeem Bonds, Pay DOJ Settlement
Last week, the leading gaming and hospitality operator, Wynn Resorts, announced that it has reached a settlement with the US Department of Justice (DOJ). Under the settlement, the company’s subsidiary, Wynn Las Vegas, agreed to forfeit a record $130 million to settle alleged financial offenses. Now, Wynn announced the pricing of $800 million in senior […]
Industry
September 10, 2024
India Holds Firm on 28% GST for Online Gaming despite Industry Pushback
According to the latest data by the Indian government, revenue from online gaming has reached ₹6,909 crore ($832 million) in just six months, rising by 412% despite the recent Goods and Services Tax (GST) hike to 28%. Finance Minister Nirmala Sitharaman confirmed these figures during the 54th meeting of the GST Council on 9 September […]
