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Gambling News - 'Regulation'
Industry
October 11, 2023
China to Help the Philippines Crack Down on Illegal Offshore Gambling
China has confirmed its readiness to help the Philippines solve its illegal offshore gambling problem. This was announced by the former country’s embassy in Manila earlier today. For reference, the Philippines continues to be targeted by illegal gambling operations operated by Chinese nationals, among others. Having cemented itself as a leading destination for gambling tourism, […]
Industry
October 11, 2023
Bulgaria to Restrict Gambling Ads, as Industry Readies Kiosks
Bulgaria’s Ministry of Finance is working on gambling law amendments as the Balkan country seeks to crack down on ads and money laundering. This announcement came after Finance Minister Asen Vasilev and the National Revenue Agency (NRA) met with representatives of Bulgaria’s four biggest gambling organizations. According to the announcement, Bulgaria is set to restrict […]
Casino
October 11, 2023
North Carolina Casino Expansion Yet to Gain Traction
Earlier this year, North Carolina legalized mobile sports betting. While the activity is expected to launch as planned, at some point by mid-2024, further efforts for the expansion of gambling activities were also seen recently. One such effort calls for the legalization of new casinos through the state budget. A gambling proposal that is a […]
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 […]