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Industry
December 20, 2020
Macau November Tax Revenue Up 203% Compared to October
A glimmer of hope for the fading casino industry in Macau was given by the latest financial data release by the city’s Financial Services Bureau, showing Macau government collected two times more in tax revenue in November compared to October. November Twice as Good as October The government in the Special Administrative Region (SAR) of […]
Industry
December 20, 2020
Whitmer Opens Casinos and Extends Ban on Indoor Dining to January 15
The decision comes after a two-week decline in the number of Covid-19 hospitalizations and a decrease in new cases in the state. Currently, the incidence rate amounts to 439 per million, a significant difference from the peak of 739 in mid-November. Michigan’s Department of Health Begins Gradual Reopening of Indoor Entertainment Michigan’s Governor Gretchen Whitmer […]
Industry
December 20, 2020
Tyson Foods Fires Managers Who Gambled with Lives of Workers
Meat processing company Tyson Foods dismissed seven managers who had placed bets on how many employees at the company’s processing plant in Waterloo, Iowa would contract covid-19. Tyson Foods Sacks Managers over Betting on Employees Contracting Covid We are all trying to make the best of a difficult situation, but Tyson Foods managers who took […]
Industry
December 20, 2020
Wynn’s Encore Boston Harbor Construction Adds $1.6bn to MA Economy
According to a UMass Donahue Institute study, Encore Boston Harbor’s construction in Everett generated $1.6 billion in economic activity. Encore Boston Harbor Construction Spurs Economic Activity in Massachusetts Business boomed at Wynn Resorts’ Encore Boston Harbor casino in Everett, Massachusetts. So much, in fact, that the building of the property generated the staggering $1.6 billion […]
Industry
December 19, 2020
Psychiatrists Call for Ban on Advertising in Irish Sports
An urgent ban on gambling advertising as part of laws needed “now more than ever” to tackle gambling addiction was proposed by the College of Psychiatrists of Ireland, arguing the restrictions and lockdowns related to the efforts to curb the spread of the virus further fuelled an already existing issue. Isolation and Increased Target Advertising […]
Industry
December 19, 2020
Online Market on the Rise Amid Covid-19 Restrictions, the UK Gambling Commission Reports
Figures from the UK Gambling Commission for October show the impact of renewed tightening of Covid-19 restrictions on online and Licenced Betting Operator (LBO) gambling behavior. Real Event Betting Prompts the Rise of the Online Industry Data from the UK Gambling Commission for the period between March and October shows that the online market has […]
Industry
December 19, 2020
Ukraine to Hold Ukrainian Gaming Week 2021 in Wake of Gambling Industry Legalization
Ukraine will hold its first gaming expo focusing on the country’s newly-regulated iGaming, sports betting and casino industries, with Ukrainian Gaming Week 2021 taking place from February 24 to 25, 2021 in Kyiv. The event, organized by Smile-Expo, will host the largest exhibition to date covering the industry and expecting over 3,000 attendees and 100 […]
Industry
December 18, 2020
NT Problem Gamblers Doubled in Numbers between 2015 and 2018
Problem gambling has become an issue in the Northern Territory (NT), a survey 2018 revealed, yet its findings were not made public only until recently when the Government backtracked on its refusal to release the report. Taxpayer-Funded Survey In 2018, the Menzies School of Health Research produced the Gambling Prevalence and Wellbeing Survey, having received […]
Industry
December 18, 2020
Louisiana Agrees on DFS Regulations, LGCB To Launch Licensing Process
Louisiana lawmakers agreed Wednesday on Daily Fantasy Sports (DFS) regulations, prompting the LGCB to start licensing operators. Forty-Seven Parishes Will Offer DFS Daily Fantasy Sports (DFS) play in Louisiana could soon be regulated, more than two years after its legalization in 47 of 64 parishes. The state’s House and Senate Committees in charge of gambling […]
Industry
December 18, 2020
Illinois Reports Record Sports Betting Handle of $434 Million in October
Illinois’ sports betting handle is growing rapidly and is now the fourth-largest market in the US, despite the negative effects of the Covid-19 pandemic. Illinois Accounts for 13% of the Total Handle in the US Illinois sports betting reported another month of growth with October’s handle increasing by 43% month-on-month to the record $434 million. […]