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Gambling News - 'Regulation'
Industry
September 4, 2024
Labor to Ban TV Gambling Ads In 2 Years and Place Immediate Online Ad Ban
According to Sky News, Australia’s government is busy working on important gambling reforms as Labor is trying to handle the current oversaturation of gambling ads. TV Ads Could Be Halted Within Two Years For starters, TV gambling ads would be slapped with a ban within two years. Secondly, online gambling ads would be banned almost […]
Industry
September 3, 2024
DraftKings Fined $20K in Connecticut Due to Online Slot Glitch
There’s an old saying that goes “the house always wins,” and while that may be the case for some card games, slots usually operate in a different manner. Land-based and online slot games offer different return-to-player (RTP) rates. Generally speaking, a slot is fair considering that it pays a specific percentage on each dollar spent, […]
Blockchain
September 3, 2024
Telegram CEO’s Arrest Reveals Platform’s Channels Ties to Crypto Gambling
The investigation of Telegram chief executive officer Pavel Valeryevich Durov who was recently taken into French police custody triggered serious concerns regarding the promotion of illegal crypto-based gambling sites on the platform “Politically Motivated Arrest” The Russian-born CEO was arrested at an airport north of Paris under a warrant for offenses in relation to the […]
Industry
September 3, 2024
NZ Asks Citizens to Weigh in on Gambling Harm Prevention Strategy
Matt Doocey, New Zealand’s Minister for Mental Health, has urged New Zealanders to share their thoughts on the government’s gambling harm prevention strategy. Doocey’s encouragement comes just in time for Gambling Harm Awareness Week, an annual initiative that seeks to promote safer gambling and raise awareness of the dangers posed by irresponsible play. New Zealand […]
Legal
September 3, 2024
Bill Allowing California Tribes to Sue Cardrooms Gains Traction
For years, Native American Tribes in California and cardrooms argued over the legality of games offered by the latter. The Tribes’ main issue is with poker, baccarat and blackjack games offered by cardrooms. Their opponents found a way to offer such games through third-party proposition player providers and argued that those games operate in line […]
Sports
August 30, 2024
Illegal Horseracing Operators Threaten Industry Integrity
The horseracing industry faces a significant challenge from unregulated illegal betting markets, which threaten the integrity of the sport while siphoning off billions of dollars in revenue. Perhaps the most notorious of those illegal operators is Citibet, an online platform that has become a significant concern for the Asian Racing Federation (ARF). Black Market Entities […]
Casino
August 30, 2024
Star Entertainment Found Unfit to Hold a License amidst Regulatory Scrutiny
Star Entertainment Group Ltd., one of Australia’s most prominent casino operators, faces an uncertain future after an inquiry found it unfit to hold a casino license in Sydney. A comprehensive and damning report by lawyer Adam Bell revealed significant problems like dysfunctional leadership, ethical failings, and toxic corporate culture. These issues remain deeply entrenched, making […]
Industry
August 30, 2024
UK: Study Examines the Impact of the Gambling Credit Card Ban
Several years ago, in April 2020, the United Kingdom became the first country to implement a complete ban on the use of credit cards for online and retail gambling. More than four years after the implementation of the ban, new research probed into the impact of the measure, how it affected gamblers and whether or […]
Sports
August 30, 2024
Gambling Probe Triggers Hazing Investigation at Notre Dame
Earlier this month, a one-year suspension for the University of Notre Dame men’s swimming team was imposed after the results of an external review pointed to violations of the NCAA policies regarding betting and other failures. Now, a new report claims that the issues with the University’s men’s swimming team may be even more serious […]
Industry
August 30, 2024
Iowa’s Top iGaming Proponent Doesn’t Plan to File a New Bill
Iowa State Rep. Bobby Kaufmann, one of the staunchest supporters of iGaming in the state, said that he doesn’t have any plans to introduce a new online casino bill. However, he emphasized that he would continue to support such efforts if they were introduced by someone else. Kaufmann Is No Longer Qualified to Introduce an […]