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Legal
October 10, 2023
Michigan Presses On with Fantasy Pick’em Game Restrictions
Michigan is joining the growing list of states taking steps to restrict fantasy pick’em games, a form of daily fantasy sports (DFS) that has come under scrutiny for its resemblance to sports betting. Despite rising concerns, the sector enjoys unprecedented growth and should be flexible enough to accommodate changing regulations. Pick’em Games Resemble Sports Wagering […]
Legal
October 10, 2023
Majority of Pubs and Clubs in NSW Comply with Gambling Ad Ban
Amid the growing concerns about problem gambling and gambling harm, the local government in New South Wales (NSW), Australia, pushed changes related to the gambling sector. Back in May, lawmakers announced their plans to ban external gambling signs. Licensed gambling operators were given a few months to comply, confirming that measures come into effect on […]
Industry
October 6, 2023
White Paper Discussion Panel Addressed the Mandatory Levy
Three days ago, the United Kingdom’s Conservative Party held a conference to discuss policies. During the event, Gordon Moody and Green Pen Consulting organized a panel dedicated to the white paper called “The Gambling White Paper: Implications for Treatment.” The panel saw experts comment on the measures outlined in the paper with Jane Rigbye, Ygam’s […]
Sports
October 6, 2023
New NFL Betting Policies Gain Praise from Nevada Representative
The National Football League (NFL) recently implemented revamped sports betting policies, eliciting praise from Congresswoman Dina Titus who had earlier raised concerns about the lack of clarity in the league’s protocols. NFL Introduces Stricter Measures for In-League Betting and Leniency for Non-NFL Wagers Following a series of gambling-related violations involving nearly a dozen players, the […]
Casino
October 6, 2023
Hard Rock’s Sports Betting Monopoly Could Limit Florida’s Revenue Potential
Florida’s mobile sports wagering market can become one of the largest in the United States. However, JMP Securities analyst Jordan Bender predicts limited competition could present unique challenges, damaging the sector’s profitability. Hard Rock International, the gaming arm of the Seminole Tribe, will have exclusive control over the state’s mobile sports wagering offerings, presenting substantial […]
Industry
October 5, 2023
KSA Publishes New Industry Report, Says Growth Is Slowing Down
The Kansspelautoriteit has published its latest report, outlining the state of the gambling industry in the Netherlands. According to the KSA, the total number of active players remained more or less the same during the past six months. GGR continued to increase but demonstrated clear signs of slowing down. The regulator said that the market […]
Legal
October 5, 2023
Romania Plans Higher Fees and Stricter Demands for Gambling Operators
Romania’s government has reiterated its desire to impose higher licensing fees and stricter operating demands from gambling operators. According to the Ministry of Finance’s newly published draft of emergency ordinances meant to instill stricter regulations on gambling activities, alcohol will no longer be sold in gambling venues with the exception of casinos. The same emergency […]
Legal
October 5, 2023
VGCCC Issues Charges to Tower Hotel for Alleged RG Violations
In September, the gambling regulator in Victoria, Australia, the Victorian Gambling and Casino Control Commission (VGCCC), issued 35 charges against the operator of the Tower Hotel in Hawthorn East, Rumotel Pty Ltd, over alleged failures to implement YourPlay, a mandatory pre-commitment technology, on their electronic gaming machines and kiosks. At the time, the regulator alleged […]
Sports
October 5, 2023
NCAA Supports Betting Legislation Changes across the US
Amid the growth and expansion of legal sports wagering across the United States, the National Collegiate Athletic Association (NCAA) announced its intentions to support changes to betting legislation, seeking to ensure the integrity of its competitions. Besides strengthening integrity, the proposals seek to raise awareness of problem gambling and protect student-athletes from coercion or harassment. […]
Industry
October 4, 2023
NY Regulator Approves Fanatics as the Successor of PointsBet’s License
Earlier this year, Fanatics Betting and Gaming acquired PointsBet’s US assets as the latter company announced its exit from America. The latter company sold its US-facing business for $225 million, which it plans to use to fatten up its cash reserves and pay millions in capital returns to shareholders. In the meantime, Fanatics secured a […]
