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Industry
October 9, 2024
Inaugural SPGA Briefing Shares Insights Regarding Social Sweepstakes Games
Early last month, eleven sweepstakes operators joined forces to form a new body that will focus on promoting responsible sweepstakes gaming, communicating with stakeholders and advocating for responsible operation of social and promotional games called the Social and Promotional Gaming Association (SPGA). Millions of Americans Enjoy Sweepstakes On Wednesday, the newly formed association held its […]
Business
October 8, 2024
Bet365 Launches Online Gaming and Betting in Peru
Leading online gaming and sports betting operator bet365 has launched its iGaming business in Peru, providing locals with access to its cutting-edge offerings. This came after the company obtained official licensing approval from the Ministry of Foreign Trade and Tourism (MINCETUR). Bet365 Enters Peru The launch will provide Peruvian casino enthusiasts with access to the […]
Business
October 8, 2024
Rhode Island Market Is Shrinking Under Neighboring States’ Pressure
According to a report from the Rhode Island Office of the Auditor General, the Rhode Island Lottery transferred $426.4 million to the state’s General Fund for the fiscal year ending June 30, 2024. This represents a drop of 1.8% or $8.2 million, compared to the previous fiscal year. The report attributed Rhode Island’s decline to […]
Industry
October 7, 2024
European Commission Publishes Digital Fairness Fitness Check Findings
The European Commission has published the findings of its Digital Fairness Fitness Check, which probed into the current EU consumer protection laws to see if they are fit to protect consumers from harm. The commission learned that online companies have been unfairly influencing customers by various suspicious tactics. Improvements Are Needed The Fitness Check covered […]
Business
October 4, 2024
BetMGM Enjoys Strong Progress in Online Gambling
A majority of the US states currently offer sports betting but when it comes to online casino, the number of states where the activity is available is quite low. A total of seven states currently offer legal iGaming but that number may grow in the future in case lawmakers consider benefitting from new revenue-generating activities. […]
Industry
October 1, 2024
Brazil to Enforce Crackdown Plan Aimed at Illegal Gambling
At the start of September, Brazil announced it was ready to block several websites offering risky products leading to excessive gambling. The decision was aligned with the country’s ongoing efforts to enhance player protection, especially in the context of the upcoming opening of the regulated betting market scheduled for January 1, 2025. At the start […]
Business
October 1, 2024
Acroud Delays Bond Interest Payment via Standstill with Holders
The fast-moving challenger in the space of iGaming affiliation and B2B SaaS solutions, Acroud, confirmed it postponed interest payment on outstanding bond loans until further notice. Restructuring Effort Impacts Bonds Interest Payment Confirmed this week, the announcement affects SEK 225 million senior secured bonds with an interest payment due on October 7, 2024. The main […]
Industry
October 1, 2024
Wyoming Lawmakers Eye iGaming Legalization Opportunities
Wyoming lawmakers are considering the possibility of expanding the local gaming market, potentially even launching regulated online casino gaming. To that end, experts will conduct a study on the state of the local industry and determine whether iGaming would benefit the local market. Wyoming Considers Online Casinos As Wyoming considers the future, the Wyoming Gaming […]
Business
September 30, 2024
Playtech Posts Growth in H1 2024, Analysts Warn of Potential Risks
Playtech, the leading technology company founded more than two decades ago, released its results covering the six months ended June 30, 2024. On Monday, the company disclosed its interim financial results, pointing to a single-digit revenue increase while acknowledging it remains on track to meet medium-term targets in FY24. The Company’s H1 2024 Revenue Increased […]
Industry
September 25, 2024
Iowa Man Charged After Using Disabled Sibling’s Card for Gambling
Problem gambling or at-risk gambling can often push people into unlawful actions. While some may consider hiding their actual gambling expenses, others may resort to petty crimes, theft, fraud or other unlawful activities that are subject to penalties in a court of law. In one such criminal case from Iowa, a man was arrested after […]
