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Industry
July 8, 2021
Nevada Advises Gambling Businesses to Stay Vigilant of Ransomware
As casinos in the US become the victim of cyberattacks, regulators issue a warning to casinos to step up their game. Cybersecurity Back on Gambling Regulators’ Agenda Just when gambling businesses started coming out of the woods, another calamity befell them with a spate of hacking and ransomware attacks targeting prominent casino businesses in the […]
Industry
July 8, 2021
Chile’s Sports Betting Market Is Almost Completely Built
The Chilean Ministry of Finance has announced that its draft for regulating online gambling and sports betting is in its final stages, scheduled to go to Congress. Chile to Regulate Online Gambling and Sports Betting The Chilean Ministry of Finance has announced that its online gambling and sports betting project draft is almost complete and […]
Industry
July 8, 2021
A New Search Engine Specifically for the Gambling Industry Emerges
If necessity is the mother of invention, Graphyte has hit the mark. The sports gambling innovation studio has developed what it believes is the world’s first “fit-for-purpose” search engine designed specifically for the betting and gaming markets. Anyone who has tried to research gambling and betting data using existing search engines knows how frustratingly difficult […]
Industry
July 8, 2021
DraftKings’ Legal Team Has Its Hands Full with New Lawsuits
DraftKings took the sports gambling world by storm when it announced a deal that would allow it to become the first publicly-traded sportsbook in the US. A valuation of over $1 billion attracted a lot of attention, and not necessarily from the right people. DraftKings is going to need its legal team to step up […]
Industry
July 7, 2021
Sports Betting Handle in Illinois Hits $507.3M in May
In May, the sports betting handle in Illinois reached $507.3 million, according to data released by the Illinois Gaming Board. Although the result marks a small decrease compared to April, May is the fifth consecutive month with a sports betting handle above $500 million. Illinois Records $507.3M in Sports Betting Handle for May In-person sports […]
Industry
July 7, 2021
Delaware North and GAMING1 Target North America with Gamewise
Delaware North, a hospitality specialist with regional land-based casinos in the US and Australia, is looking to enter the online sports betting space via a joint venture in partnership with GAMING1. Turnkey Digital Gaming Solution Gamewise, a joint venture formed by Delaware North and the subsidiary of Belgium’s Ardent Group will be targeting licensed sports […]
Industry
July 7, 2021
Ontario Establishing iGaming Ontario to Field Sports Gambling Activity
Now that Canada has made the smart choice to allow wagers on the outcome of sports events, Ontario wants to make sure it hits the ground running. The province is establishing an online sports gambling division that will “conduct and manage” iGaming offerings, according to a provincial government press release. If everything stays on track […]
Industry
July 7, 2021
Sports Gambling in Kenya Gets New Life Following Approval of Tax Cuts
A long-running legal battle between Kenya’s government and the gambling industry might be coming to an end. Uhuru Kenyatta, the country’s president and a staunch gambling opponent, seems to be softening his anti-gambling stance, approving a new tax rate on gambling wagers that should appease the gaming industry. Instead of the 20% that had previously […]
Industry
July 7, 2021
The Big Step Pushes for Gambling Ad Ban Ahead of England’s Euro Cup Game
England faces Denmark today in the last of the two UEFA Euro Cup 2020 semifinal games. Spain put up a champion’s effort against Italy yesterday before losing in penalty shots and all eyes will now be watching anxiously to see who will emerge with the victory today. As soccer fans around the world prepare for […]
Industry
July 6, 2021
Crown Resorts May Face Difficulties This Year, Next Year, Too
In light of the impact of the COVID-19 pandemic, Crown Resorts released a trading and earnings update. The company revealed that it may report an operating loss for 2021, while a further negative financial impact may be observed next year, as well. Crown Resorts May Report Operating Loss for 2021 Fiscal Year Australia-based entertainment company […]