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Industry
October 7, 2021
Sweden Considers Additional Measures against Unlicensed Play, Match-Fixing
A new proposal calls for changes in the Gaming Act which may ban all unlicensed play from Sweden. If the government approves the tougher restrictions, even unlicensed gambling operators who are not targeting Swedish players may be banned. Besides a crackdown on unlicensed gambling, the proposal calls for strict measures against match-fixing. Will Sweden Ban […]
Industry
October 7, 2021
Macau’s New Casino Dividend Rules Could Suppress Growth, Assert Law Experts
Government officials and gaming regulators in Macau have been putting together a new framework for the city’s casino industry that was presented to the public last month. The draft rules immediately found resistance, with one rule, in particular, causing a lot of discord. The fallout was so great that casino companies saw their stocks lose […]
Industry
October 7, 2021
Nepal’s Casinos Are Back in Business after 18-Month COVID-19 Hiatus
Nepal’s casino market is returning to normal, even if is moving at a slow pace. The country’s casinos were forced to close down 18 months ago – in March of last year – due to COVID-19 and have remained that way since then. However, things began to change last month as casinos were given permission […]
Industry
October 6, 2021
New AGA Survey Shows Gaming Execs Optimistic On Industry Rebound
According to a report from the AGA, post-COVID-19 recovery remains strong, especially in the casino sector. The report also firmly believes that this growth is likely to continue within the next six months, although not as rapidly as it has been seen recently. The First Peek Inside the Industry Amid Historical Highs and Lows This […]
Industry
October 6, 2021
Genius Expands PointsBet Partnership, Includes Official Data, Fan Engagement
Genius Sports announced that it has expanded its partnership with PointsBet. As a result, PointsBet will be able to leverage Genius Sports’ official sports data, fan engagement and retention solutions. Genius Sports Expands Collaboration with PointsBet Sports data and technology provider Genius Sports announced a new supplier agreement with PointsBet, the online sports betting and […]
Industry
October 6, 2021
Morgan Stanley: DraftKings Leads in Betting App Market Share for September
After the first month of NFL action, a significant increase was observed in the number of betting transactions and betting app downloads. A new report by Morgan Stanley outlines that betting app downloads grew this September by 183% compared to last year. Leaders with the highest market share are DraftKings and FanDuel, followed by BetMGM. […]
Industry
October 6, 2021
Amendment to Kenya’s Gambling May Ban Daytime Gambling
A new amendment bill introduced in Kenya is seeking to restrict gambling between the hours of 6 am and 8 pm local time in a bid to protect youths from becoming addicted to the activity, its backer claims. The amendment to the Nairobi City County Betting, Lotteries, and Gaming Bill 2021 is supported by South B MCA Waithera […]
Industry
October 6, 2021
Kentucky Lawmakers May Raise Taxes on Historical Horse Racing Machines
Lawmakers in Kentucky are discussing the option of raising taxes on the state’s well-known historical horse racing (HHR) games. These are machines similar to slots and bases the results on races that have already run. Although they have been operating in the state for more than 10 years without any setbacks, it wasn’t until last […]
Industry
October 6, 2021
PayNearMe’s MoneyLine Streamlines iGaming Deposits for Operators
Billing and payments company PayNearMe has released its newest iGaming-focused money movement management platform. Named MoneyLine, the new platform has been designed with all the intricacies of the iGaming ecosystem in mind. MoneyLine Helps Operators Manage Payments PayNearMe describes MoneyLine as an end-to-end iGaming payments experience management solution. The company’s new platform offers faster payouts, cashiering, frictionless deposits, and cash […]
Industry
October 6, 2021
Sightline and IGT Join Forces to Offer Cashless Betting
US sports betting and casino gaming market’s leading digital payments provider and mobile app developer Sightline has entered a partnership with multinational gambling company International Game Technology. Sightline and IGT Team Up As per the deal, Sightline and IGT will team up to provide cashless gaming solutions using Play+, Sightline’s digital commerce platform, as well as through several IGT’s […]