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Jerome García's latest articles
Jerome García
JournalistJerome brings a wealth of journalistic experience within the iGaming sector. His interest in the industry began after graduating from college, where he regularly participated in local poker tournaments. This exposure led him to the growing popularity of online poker and casino rooms. Jerome now channels all the knowledge he's accrued to fuel his passion for journalism, providing our team with the latest scoops online.
Industry
October 3, 2024
US Appeals Court Greenlights Kalshi to Relaunch Election Betting
About a year has passed since the legal battle between Kalshi, the New York-headquartered regulated exchange and prediction market, and the Commodity Futures Trading Commission (CFTC). In a surprise turn of events, an appeal filed by the latter with the Court of Appeals for the District of Columbia Circuit sided with the former on Wednesday […]
Business
October 2, 2024
JMP Highlights Importance of In-Play Betting as Revenue Growth Driver
Considering that nearly 40 US states offer legal sports betting, millions of Americans can place bets on their favorite sport and team. The 2018 repeal of PASPA started the exponential growth of the betting vertical and its popularity hasn’t halted since. The expansion of mobile betting helped grow the number of betting markets with more […]
Industry
October 2, 2024
Spelinspektionen Says Channelization Rates Improve but Proving It Is Hard
Sweden is grappling with a low channelization rate, indicating that the regulated gambling market is struggling to retain players as offshore operators market aggressively and the industry is constrained by tight advertising rules. According to Spelinspektionen, the channelization rate in the country is improving, indicating that as many as 86% of all active players are […]
Industry
October 2, 2024
Political Betting Markets Face Challenges Despite Popularity
A majority of the US states currently offer legal sports betting. The activity’s popularity soared in recent years but alongside wagering on sports, many gamblers demonstrated interest in placing bets on future events outside of sports. Ahead of the upcoming Presidential Elections in the country, Kalshi, a company that acts as a regulated exchange and […]
Industry
October 2, 2024
Italy Tightens Grip on Gambling Firms amid Concerns About Money Laundering
The global gambling industry is frequently used as a front for different unlawful activities such as money laundering for example. Despite the efforts of the operators, casinos, online gambling platforms and betting providers can fall victim to such illicit activities. Considering that gambling operators deal with significant sums, they are obligated to comply with different […]
Sports
October 2, 2024
TexBet Slapped with AU$33,000 Fine in NSW
The Liquor & Gaming NSW took issue with O’Shea Bookmaking, known to the wider audience as TexBet, its trade name, in one instance where the company had accepted bets from a player who was trying to close their account. Liquor & Gaming NSW Brings Operator to Heel over Promotion The case was viewed at Downing […]
Lottery
October 1, 2024
Powerball Jackpot Swells to $275M for Upcoming Drawing
Many Powerball players tried their luck on Monday but sadly nobody was able to win the estimated $258 million jackpot. Nobody Matched All Winning Numbers on Monday’s Powerball Draw The popular game’s latest drawing saw winning white balls 9, 11, 30, 43, 69 and red Powerball 20 drawn. The jackpot, estimated at $258 million or […]
Casino
October 1, 2024
Lucky Gambler Wins $415K Jackpot at Hard Rock Casino Atlantic City
Many gamblers dream of winning a massive jackpot with a little bet. While that’s not what happens most of the time, there are cases of fortunate players who turned a tiny wager into a six-figure prize. This is precisely what happened to one Hard Rock Hotel and Casino visitor in Atlantic City, New Jersey, who […]
Business
October 1, 2024
Acroud Delays Bond Interest Payment via Standstill with Holders
The fast-moving challenger in the space of iGaming affiliation and B2B SaaS solutions, Acroud, confirmed it postponed interest payment on outstanding bond loans until further notice. Restructuring Effort Impacts Bonds Interest Payment Confirmed this week, the announcement affects SEK 225 million senior secured bonds with an interest payment due on October 7, 2024. The main […]
Industry
October 1, 2024
Casino Smoking Ban Debate in Atlantic City Continues
New Jersey is among the states that currently permit indoor smoking in casinos. While this is achieved through a loophole in the state’s Smoke-Free Air Act from 2006, efforts to eliminate indoor smoking at casinos have been ongoing for two decades. The topic was once again up for discussion during a recent debate with one […]
