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Industry
January 22, 2021
New Orleans Casino Revenue Down By 31% in December
Another month of revenue losses for Louisiana with New Orleans being the gambling market worst hit by the pandemic. Casinos Are Open, Albeit at 50% Capacity The New Orleans casino market experienced a 31% decrease in revenue in December to $35.9 million from nearly $52 million in December 2019, thus becoming the gambling market that […]
Industry
January 22, 2021
Louisiana to Launch Daily Fantasy Soon, Sports Betting to Follow
Louisiana expects to see the first daily fantasy operators open up in the state before the summer, with sports betting also on the move, but still a long way to go. Daily Fantasy Sports Eyeing Pre-Summer Launch in Louisiana Fantasy sports betting will be coming to Louisiana soon after all, and the state’s 47 parishes […]
Industry
January 22, 2021
Fonbet Signs a Multi-Year Partnership with Real Madrid
Fonbet, a Russian bookmaker, has signed a multi-year agreement with Real Madrid to become its official betting partner in Russia and the CIS region. The agreement is set to end in the 2022/2023 season. Fonbet Becomes Real Madrid’s Official Partner in Russia Real Madrid, a prestigious soccer club with a solid history, is signing off […]
Industry
January 21, 2021
Vibra Gaming: First Content Provider Approved by LOTBA
Argentina’s online gambling sector has taken off with Vibra Gaming becoming the first developer that received an approval by the Lottery of the City of Buenos Aires to provide its products to online casino operators. At Least Twelve Companies Are Expected to Receive Approval Soon Yesterday, Argentine game and platform developer Vibra Gaming announced that […]
Industry
January 21, 2021
HSBC Rolls a 72-Hour Cooling Period to Protect Consumers amid Gambling Spike
The cooling-off by HSBC UK has been increased to 72 hours from 24 hours amid reports that gaming revenue and active accounts are increasing. HSBC Introduces 72 Cooling-off Period to Counterweigh Increase in Gambling HSBC UK has decided to extend its cooling-off period that prohibits gamblers who have been playing excessively from using money on […]
Industry
January 21, 2021
Jette Nygaard-Andersen Confirmed as Entain’s Chief Executive
Entain officially confirms Jette Nygaard Andersen as its new chief executive along with appointing Rob Wood as vice CEO. Nygaard-Andersen Steps in as Entain CEO Speculation season is over and Entain Plc has confirmed Jette Nygaard-Andersen as its new chief executive following the announcement that Shay Segev, the outgoing CEO, will step down and move […]
Industry
January 21, 2021
GambleAware Study Recommends More Flexibility for Deposit Limits
A study commissioned by GambleAware and published Wednesday states that predefined deposit limit options could “anchor” players into depositing higher amounts. Lower Predefined Limits to Reduce Risky Gambling Allowing gamblers to set their own deposit limits, instead of choosing from a predefined list, would reduce problem-gambling behaviors, according to a study by social purpose organization […]
Industry
January 20, 2021
Pennsylvania’s Online Casinos, Sports Betting Mitigate Losses in 2020
Sports wagering and iGaming helped the gambling industry to offset the impact of retail closures due to the Covid-19 pandemic. In total, 2020 posted a 22.24% drop in gaming revenues, according to the Pennsylvania Gaming Control Board. December’s iGaming Revenue Skyrockets Pennsylvania is the third largest gambling market in terms of revenue in the United […]
Industry
January 20, 2021
Texas Plans to Give More Leeway to Sin Taxes and Introduce Betting
Sin taxes may soon not be as sinful in Texas, a state that has opposed gambling and betting for years, and that may now be looking to give these activities some regulatory leeway. Texas Sees Sin Taxes as an Opportunity to Generate Revenue Texas is drawing closer to the legalization of several sin taxes, and […]
Industry
January 19, 2021
Gambling Counselor Says Number of People Seeking Help Increases by 50%
A counselor at a gambling center in Co Limerick has cautioned that the number of people seeking help for gambling has increased by 50% over the past months of the pandemic. Gambling Addiction Precipitated by Pandemic A Co Limerick center in Ireland has reported a significant spike in the cases of problem gambling since the […]