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Industry News and Headlines
Industry
November 21, 2024
IGT Confirms Cybersecurity Incident, Launches Investigation
Cyberattacks are not uncommon, especially in the global gambling industry. In 2023, two recognizable gambling operators became victims of cybersecurity breaches. That is the case for MGM Resorts and Caesars Entertainment. Now, another recognizable company within the vertical was affected by a cyberattack. The Cyberattack Temporary Impacted Internal Systems and Applications A filing with the […]

Industry
November 20, 2024
Catskill OTB to Shut Down After 48 Years Due to Financial Struggles
After nearly five decades of operation, Catskill Regional Off-Track Betting Corporation (OTB) will cease accepting wagers at the end of this month. The closure marks the culmination of an almost decade-long financial struggle, coupled with mismanagement and failure to adapt to New York’s rapidly shifting gambling landscape. The Company Faded into Irrelevancy Catskill OTB, which […]

Industry
November 20, 2024
New Legislation Overhauls Ontario’s iGaming Landscape
The gaming landscape in Ontario is about to undergo significant changes following the passage of Bill 216, which introduces the iGaming Ontario Act. This legislation dissolves the parent-subsidiary relationship between the Alcohol and Gaming Commission of Ontario (AGCO) and iGaming Ontario (iGO), transforming iGO into a standalone entity governed by an independent board. An Independent […]

Industry
November 20, 2024
EveryMatrix, BetBlocker & RGF Malta Team Up to Translate BetBlocker into Maltese
EveryMatrix, BetBlocker and the Responsible Gaming Foundation Malta have joined forces to translate BetBlocker into Maltese and help local gamblers get in control of their habits. This milestone development comes just in time for Safer Gambling Week and aligns with the three parties’ commitments to championing moderation in gaming. BetBlocker Is Now Available in Maltese […]

Industry
November 20, 2024
Macau’s Gaming Sector Faces Global Pressures
Macau’s gaming industry is navigating a complex landscape shaped by robust recovery prospects and the looming shadow of international geopolitical pressures. Recent data indicates an optimistic upward trajectory in gross gaming revenue (GGR), but doubts persist due to external influences and shifting investor sentiments. Financial Forecasts Remain Positive Gross gaming revenues in Macau surged 6.6% […]

Industry
November 20, 2024
Spain Issued $69M in Fines to 15 Operators in H1 2024
Spain’s Ministry of Social Rights, Consumer Affairs and 2030 Agenda noted that the country has sanctioned 15 online gambling operators in H1 2024. As a result, authorities have issued fines totaling EUR 65.3 million ($69 million) to violators. DGOJ Penalized 15 Operators The ministry clarified that of the 15 penalties issued by the Directorate General […]

Industry
November 20, 2024
Dutch Lawmakers Propose Gambling Ads, Credit Card Ban
More countries across Europe are considering expanding the restrictions on gambling advertising amid growing fears of addiction and harm. In 2021, the Netherlands opened its online gambling market, paving the way to licensed iGaming activities. Now, several years later, concerns about the impact on young people pushed lawmakers to file a new proposal that called […]

Industry
November 20, 2024
LiveScore Group to Lay Off 100+ People Part of Restructuring Plan
LiveScore Group, the 2019-established fully owned and operated ecosystem that is home to LiveScore, LiveScore Bet, and Virgin Bet, has announced it is ready to bid goodbye to over 100 employees in London and other business locations. The call follows an internal restructuring plan focused on better streamlining the group’s operations while securing sustainable growth […]

Industry
November 20, 2024
Irish Man’s Gambling Debt Exposed After €500K Cannabis Arrest
A Dublin man who was caught in possession of hundreds of thousands of euros worth of cannabis he sold to try and settle a gambling debt was recently sentenced to prison. Massive Drug Bust The criminal case against the 43-year-old Dublin resident identified with the initials T.D. was recently heard by the Dublin Circuit Criminal […]

Industry
November 20, 2024
Sweepstakes Operator Legendz Hits the US, Launches in 43 States
Despite the pushback against sweepstakes in the US, major companies continue to eye the lucrative American market. The latest sweepstakes casino operator to join the fray is Legendz Social Casino & Sportsbook, which will offer its products in a whopping 43 states. Legendz Will Be Available to Millions of Americans As mentioned, Legendz’s products will […]
