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 […]
Industry
September 16, 2024
Cambodia Union Leader Out of Prison, Will Continue Strike Against Casino
The leader of a workers’ union in Cambodia that played a key role in the longest strike in the country was recently released after serving her two-year prison sentence. The case involves Chhim Sithar, the president of the Labor Right Supports Union of Khmer Employees of NagaWorld (LRSU), who was sentenced to two years in […]
Industry
September 16, 2024
Australia’s Annual Losses to Gambling Grow, Hit AU$32bn
Despite concerns about the detrimental impact of gambling activities on people across Australia, significant changes to the sector are still being discussed. Last year, a report into the country’s gambling sector made nearly three dozen recommendations that can help reduce problem gambling and harm, while decreasing the billions of Australian dollars lost to gambling every […]
Industry
September 16, 2024
Malaysian Islamist Political Party Plans to Close the Country’s Sole Casino
Similar to other countries across Asia, Malaysia has strict rules when it comes to gambling activities. There is a single casino in the country that allows visitors aged 21 or older to participate in Las Vegas-style casino gambling. However, the growing presence of one Islamic party seeks to effectively shut down the sole casino, citing […]
Legal
September 16, 2024
US Election Betting Once Again on Hold After Appeals Court Ruling
Political betting moved one step closer in the United States last week as a federal judge in Washington DC issued a stay on election contracts. The major development effectively sided with Kalshi, the popular regulated exchange and prediction market platform offering trading on the outcome of real-world events, in its legal battle with the Commodity […]
Industry
September 13, 2024
Alabama: Bill Seeks to Increase Penalties for Illegal Gambling
Illegal gambling remains an issue in many states across the US, despite the efforts of lawmakers and law enforcement. While the expansion of betting brought the industry into the light and undoubtedly reduced the share of the black market and offshore bookmakers, this is not the case for other gambling activities. Alabama is one state […]
Sports
September 13, 2024
Nevada Gambler Loses Bet Despite Bengals’ Winning Record Due to Canceled Game
A sports gambler in Nevada lost a dispute even though he made a winning bet on the NFL. Chad Manis, who lives in Las Vegas, wagered $3,000 that the Cincinnati Bengals would win more than 9.5 games in the 2022 season. The Bengals ended the season with a 12-4 record so Chad thought he had […]
