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Industry
December 18, 2024
Italy Expected to Introduce Lotto and Online Gaming Tenders
Planned changes to the gambling regulatory framework in Italy are expected to strengthen the sector, helping legal gambling grow with tenders for online and Lotto licenses expected soon. ADM to Launch Tenders for Online Gaming, Lotto Soon That’s the take of Roberto Alesse, the director general of the country’s Customs and Monopolies Agency (ADM), who […]
Industry
December 17, 2024
New Video Games Classification Helps Parents in Australia
Ahead of Christmas, many parents are likely wondering what the best gift for their children would be. While some may consider toys, others, likely responding to children’s requests, may purchase certain video games. In recent years, the lines between gambling and games have been blurring, especially with the introduction of the popular loot boxes that […]
Business
December 17, 2024
Jefferies Equity Analyst Prepares Investors for Entain AML Fine
At the start of the week, we announced that Ladbrokes and Neds’ operator and global gaming and betting company, Entain Group Pty Ltd, has been hit with civil penalty proceedings in Australia. The action, which followed a series of alleged breaches of anti-money laundering (AML) and counter-terrorism financing (CTF) policies, as described by the Australian […]
Industry
December 17, 2024
Mississippi House Committee Reviews Proposal for Jackson Casino
A proposal calling for the development of a casino in Mississippi’s capital city, Jackson, seeks to revitalize the city and contribute to its future growth. Jackson May Benefit from a New Casino The new proposal was recently reviewed by a Mississippi House committee, as announced by WLBT. Per the new casino proposal, supported by a […]
Industry
December 17, 2024
NJ Lawmakers Propose Fines Instead of Charges for Underage Gambling
Underage gambling is strictly monitored across the United States. While the legal gambling age varies from one state to the other, generally speaking, the minimum is 18, but the most common age required for gambling activities, similar to alcohol, is 21. Penalties for underage gambling, similar to the minimum age, are different across the nation. […]
Legal
December 16, 2024
Entain Hit With Civil Penalty Proceedings in Australia
The Australian Government agency responsible for deterring, detecting and disrupting financial crimes and organized criminal activities, AUSTRAC (the Australian Transaction Reports and Analysis Centre), announced it initiated civil penalty proceedings against a recognizable betting and gaming operator. The Agency Claims Entain Breached AML, CTF Regulations On Monday, the agency confirmed that Ladbrokes and Neds’ operator […]
Legal
December 16, 2024
Ex-Resorts World and MGM Grand President to Have License Suspended, Pay a Fine
Scott Sibella, the controversial former president of Resorts World Las Vegas and MGM Grand, has agreed to forfeit his gaming license for the next few years. This agreement with the Nevada Gaming Control Board (NGCB) came in response to claims that Sibella allowed people with criminal pasts to gamble. Sibella to Pay a $10k Fine […]
Industry
December 16, 2024
Gaming Industry Optimistic About Trump Administration’s Business Approach
Gaming executives feel good about what Donald Trump‘s team might do for them pointing to its business-friendly approach and expected cuts in federal rules. Bill Miller and Key Players Discuss Impact of Trump Policies on State Gaming Rules At the National Council of Legislators from Gaming States (NCLGS) meeting on December 13 key players said […]
Industry
December 16, 2024
NCLGS Seeks Public Input on Proposed iGaming Bill
Close to 40 US states currently offer legal sports betting. With the activity available in a mobile and retail form in most states, its expansion became a fact after PASPA was struck down some six years ago. While sports betting has expanded exponentially since, the same cannot be said about online gambling. Currently, only seven […]
Industry
December 16, 2024
Nevada Considers Licensing Sports Data Providers to Enhance Oversight
Nevada’s gambling watchdog is looking into the idea of giving licenses to sports-data companies. This shows how sports betting is changing all over the US. The regulator’s representatives talked about this plan at a recent Nevada Gaming Control Board (NGCB) meeting, and they will decide what to do in 2025. NGCB Chairman Questions Oversight of […]
