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Industry News and Headlines
Industry
December 13, 2024
Study Seeks Veterans to Treat Gambling Addiction with Psilocybin
The Heroic Hearts Project has launched a new program to give military veterans with gambling addiction a chance to try an experimental treatment using psilocybin, the main ingredient in magic mushrooms. Netherlands Retreat to Test Psilocybin’s Potential in Treating Gambling Addiction This research, done in collaboration with the University of Gibraltar, will happen at a […]

Industry
December 13, 2024
Curaçao’s Gambling Law Overhaul Picks up Speed
The reform of the gambling sector in Curaçao started several years ago, in 2022. At the time, Dutch lawmakers made it mandatory for the jurisdiction to receive COVID-19 relief packages based on a range of different reforms, including one that affected the gambling industry. The improved version of Curaçao’s National Ordinance for Games of Chance […]

Industry
December 12, 2024
Self-Exclusion Program Goes Live in South Australia, ACMA Bans Six Websites
South Australia’s government is launching its Take a Break self-exclusion program following a successful trial. Like other similar programs, Take a Break will encourage riskier users to limit their gambling and get their habits in check. South Australia to Expand Self-Exclusion Campaign The program’s trial saw 31 betting locations across the state put up posters […]

Industry
December 12, 2024
Macau Gaming Tax Revenue Soars as Recovery Accelerates
Macau’s gaming sector remains in full swing as November’s government gaming tax revenue hit MOP$8.0 billion ($999 million), up 6.4% year-on-year and up 20.3% compared to October, according to the latest figures from the Macau Financial Services Bureau (DSF). These figures underline the region’s ongoing resurgence following pandemic-induced setbacks. Key Metrics Recorded Significant Increases Gross […]

Industry
December 12, 2024
Trump Rumored to Be Considering Tilman Fertitta as Ambassador to Italy
As Donald Trump’s new term as POTUS approaches, the 78-year-old businessman is already considering his ambassadors. On Tuesday, the President-elect nominated Kimberly Guilfoyle as the United States ambassador to Greece. In the meantime, experts believe that billionaire Tilman Fertitta will be designated as US ambassador to Italy. Fertitta Is a Possible Candidate for Ambassador to […]

Industry
December 12, 2024
SPA Authorizes 71 Federal Online Gambling Licenses in Brazil
Earlier this week, we announced a new partnership between Brazil’s National Telecommunications Agency, Anatel, and the Secretariat of Prizes and Bets (SPA) with a focus on fighting off unlawful gambling. Now, the Ministry of Finance’s body responsible for authorizing, permitting, regulating, standardizing, and monitoring Commercial Promotion and Fixed Odds Betting has announced it has granted […]

Industry
December 12, 2024
Florida Gambling Regulator Shuts Down Illegal Gambling Venues
Across the United States, gambling regulators and law enforcement constantly combat the illegal sector. Casinos without a license, illegal bookmakers or other establishments are often shut down by law enforcement while people involved in such unlawful activities face a range of punishments. In one such case from Florida, the state’s gambling regulator, the Florida Gaming […]

Industry
December 12, 2024
Jewish Vegas Hotel Project Secures Approval to Move Forward
The King David Hotel (now known as the KDH Hotel) has inched closer to becoming a reality. While this planned Las Vegas property does not plan to offer gaming, it will provide Jewish visitors with a comfortable place to stay in Sin City. The Hotel Moves on to the Next Phase of Approvals While the […]

Industry
December 12, 2024
Online Gambling Losses in the US to Exceed $1 Trillion by 2028
The expansion of legal betting and online gambling across the United States enables millions of Americans across the country to place legal bets. However, thanks to smartphones, wagering on sports or iGaming is a few taps away, which in some cases results in excessive gambling and harm. People affected by problem gambling spend more than […]

Industry
December 12, 2024
US Senate Committee Schedules Discussion on Sports Betting
As the legal sports betting expansion looms across the United States, the activity caught the attention of federal lawmakers. Recognizable Senators part of the US Senate Committee on the Judiciary are expected to engage in a debate regarding the betting vertical early next week. Senate Committee Convenes for a Sports Betting Debate A full committee […]
