Month: August 2024

Virginia lawmakers are exploring the creation of a state agency to regulate the expanding gaming industry, following five years of rapid growth in gambling options across the state. Currently, oversight is managed by a patchwork of state agencies, leading to calls for more streamlined regulation. Virginia has had lottery and pari-mutuel betting for over three
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The UK Gambling Commission leadership team, including Deputy Chief Executive Sarah Gardner and Chief Executive Andrew Rhodes, visited low-stake gambling and seaside arcade venues this week as part of an ongoing dialogue with the industry. Hosted by the British Amusement Catering Trade Association (Bacta), the visits underscored the industry’s focus on safer gambling and its
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From January to June 2024, BetBoom Partners and KlipperKlicks held an all-encompassing online marketing campaign aimed at enhancing user registrations and increasing deposits. This was not a walk-in-the-park kind of task for the competitive iGaming market. This analysis explores the figures, strategies, tools, and key insights of the campaign. Aiming at achieving similar results? Say
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The NFL Players Association (NFLPA) has initiated legal action against DraftKings and its parent company, DK Crown Holdings, Inc., lodging a complaint in the US District Court for the Southern District of New York. This lawsuit stems from DraftKings’ decision to cease operations of its Reignmaker NFT platform in July, an action the NFLPA claims violates their contractual agreements regarding intellectual property rights
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Evoke, the owner of prominent betting entities like William Hill, has recently announced the acquisition of New Gambling Solutions (NGS), which operates Winner.ro, currently ranked as Romania’s seventh-largest online betting and gaming platform. This strategic move, disclosed on Friday, aims to consolidate Evoke’s operations within the Romanian market, enhancing its competitive edge. Strategic market expansion: The London-listed firm revealed
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Former Thai Prime Minister Thaksin Shinawatra has expressed strong support for the legalization of casino resorts in Thailand, marking a significant endorsement for the gambling industry under the new leadership of his daughter, Paetongtarn Shinawatra, Thailand’s newly appointed Prime Minister. This development follows the recent political shift after the ousting of former leader Srettha Thavisin. Economic vision and casino
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Tabcorp, Australia’s largest gambling entity, has been penalized with a record $4.6 million fine and ordered to significantly reform its operations. This decision comes after the Victorian Gambling and Casino Control Commission discovered multiple regulatory breaches over a period spanning from August 2020 to February 2023. Systematic failures and customer harm: Fran Thorn, Chair of the Commission, detailed that Tabcorp
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As the popularity of sweepstakes-based wagering models continues to surge, the American Gaming Association (AGA) has sounded the alarm on the potential risks these platforms pose to consumers and the legal gaming industry. In a recently released policy statement, the AGA emphasized the need for increased regulatory oversight to prevent sweepstakes casinos from circumventing state
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In a significant development for the gaming industry in Thailand, former Prime Minister Thaksin Shinawatra has confirmed his support for the legalization of casinos. This endorsement from Thaksin, the influential father of Thailand’s newly appointed Prime Minister, Paetongtarn Shinawatra, is seen as a strong indication of the government’s direction towards legalizing casino resorts. Thaksin’s backing
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Atlantic City’s casinos and two online-only gambling entities have seen a slight dip in earnings for the second quarter of 2024, as reported by New Jersey’s gambling regulators. The New Jersey Division of Gaming Enforcement revealed that the combined gross operating profit for these establishments reached $178.4 million during this period, a 1.3% decline compared to
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