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Industry News and Headlines
Industry
October 2, 2024
Naked Trump Sculpture Draws Attention in Vegas amid Presidential Debate Season
A towering nude sculpture of Donald Trump, erected near Interstate 15 in Las Vegas, has drawn considerable attention as the 2024 presidential race heats up. The highly controversial 43-foot-tall statue titled “Crooked and Obscene” briefly towered over the highway before its sudden removal, just days after it went up on 28 September. The Previous Elections […]

Industry
October 2, 2024
MGA Suspends Goldwin’s Authorization Over Customer-Unfriendly Practices
The Malta Gaming Authority (MGA) announced that it has suspended the authorization awarded to Goldwin, the company behind Westcasino. The gambling company has been accused of sporting anti-player policies and possibly failing to meet its obligations to the customers in a timely manner. The Operator Must Allow Customers to Withdraw Funds According to the MGA, […]

Industry
October 2, 2024
VGW Exits Connecticut Amid Pushback Against Sweepstakes
VGW Holdings, a leading operator of sweepstakes games, has ceased its operation in Connecticut following a cease and desist order from the Connecticut Department of Consumer Protection. This comes amid an increased pushback against the controversial sweepstakes industry. VGW Holdings Exited Connecticut The Connecticut Department of Consumer Protection sent a letter to VGW in February […]

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
Buffalo Mayor Steps Down from Politics to Lead Betting Agency
Byron Brown, the longest-serving mayor in Buffalo history, has announced that he will be leaving the City Hall to lead an offtrack betting agency. While he loved his job as a mayor, Brown believes that it was finally time to move on. Goodbye Politics, Hello Betting On Monday, the mayor confirmed that he will be […]

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 […]

Industry
October 2, 2024
Pennsylvania Regulator Reports $5.89B Revenue, Stresses Diversity and Safety
The Pennsylvania Gaming Control Board (PGCB) has put out its 2023-2024 reports. These reports show how well the state’s gaming industry is doing and how it helps the state. They also talk about what the PGCB is doing to encourage diversity and responsible gaming. $2.54B in Taxes from the Gaming Industry Boosts Local Projects The […]

Industry
October 1, 2024
AGA: Industry Leaders Expect the Sector’s Growth to Slow Down
The American Gaming Association (AGA) published its latest Gaming Industry Outlook, highlighting that industry leaders are cautiously optimistic about the business situation. While respondents generally believed that the current state of affairs is at least satisfactory, many are still wary of the growth slowdown. Operators Are Satisfied with the Conditions But Cautious about the Future […]

Industry
October 1, 2024
Inspired Entertainment Secures Rights to Develop NHL-Themed Virtual Sports Game
Inspired Entertainment, a leading B2B provider of technology and services to the gaming industry, has unveiled a major licensing partnership with the National Hockey League. Thanks to that, the company has secured rights to develop a new virtual sports game featuring the league’s logo and NHL club imagery. Inspired Entertainment Grows Its American Sports Portfolio […]
