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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 […]
Industry
September 10, 2024
ASA Looking Into Gambling Memes That Reach Under 18s
To most netizens who also happen to have a passion for gambling, gambling memes are excellent means of expressing one’s self by posting the right image at the right time, after receiving inspiration from the gods of popular culture themselves. While they may give anyone a throaty chuckle when stumbling upon them, these memes now […]
Industry
September 10, 2024
Brazil Takes a Stance against Riskier Games, Blocks a Dozen Sites
Brazil continues its journey toward regulated betting by taking action against games that are deemed harmful. To that end, the São Paulo Ministry of Finance targeted games that offer unrealistic returns, including titles such as Fortune Tiger and Fortune Dragon, among additional slots and other games. A New Measure Will Restrict Predatory Games The Ministry […]
