Industry

Lawmakers in the Virginia Senate have opted to postpone a decision on a bill that would permit sports betting on Virginia colleges until the 2025 legislative session, following extensive discussions and deliberations. The bill, introduced by Sen. Schuyler VanValkenburg (D-16) on January 4th, aimed to amend existing legislation to allow sports betting on Virginia colleges,
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Lottomatica Group has reported robust financial results for the full year 2023, achieving its corporate objectives set for the year. The company, poised to become Italy’s leading gambling operator through the acquisition of SKS365 Group, disclosed corporate revenues of €1.63 billion ($1.76 billion) for the year. This marks a 12% increase from the €1.49 billion ($1.61
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Macau’s gross gaming revenue faced a decline in February compared to the previous month, reaching nearly MOP18.5 billion (US$2.3 billion), despite a bustling Golden Week attracting tourists to the city. The region had recorded MOP19.34 billion ($2.4 billion) in gaming revenue in January, propelled by a surge in mass-market momentum. Data from the Gaming Inspection
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The Italian Customs and Monopolies Agency (ADM) has issued a statement reminding of the legal restrictions placed on advertising gambling websites. According to the Agency, the statement was made in response to “several” online media outlets publishing articles that advertised playing online games “with cash winnings on platforms not referable to dealers,” which is illegal
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Amidst regulatory scrutiny and intensifying competition, Star Entertainment Group has reported a 14.6% decrease in revenue for the half-year, attributing the decline to factors such as increased competition from pubs and rival casino operator Crown Resorts, as well as stricter game-time regulations. Despite these setbacks, shares in the company surged over 8% on Thursday. Star
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Eight sports betting companies secured licenses from North Carolina regulators on Thursday, allowing them to start accepting wagers from state residents through mobile devices and computers in less than two weeks. The North Carolina State Lottery Commission, responsible for overseeing the state’s nascent sports betting market, announced the successful initial applicants for interactive sports wagering
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The Massachusetts Gaming Commission has fined the Encore Boston Harbor casino $40,000 for taking illegal bets on Boston College women’s basketball last year. Most bets on games featuring state schools are against the law, unless the teams are taking part in a tournament.  This is not the casino’s first breach of local regulations. Encore was first
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The Nevada Gaming Control Board announced an investigation has confirmed that no personal information was accessed or acquired by any unauthorized persons as a result of a cybersecurity incident in late January.  The state’s gaming industry regulator has refrained from calling the incident a cyberattack and did not indicate if investigators are seeking any criminal
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Fans of the English Premier League (EPL) in Australia are being “bombarded” with betting ads for offshore gambling companies that were supposed to be banned from pitch-side screens, owing to a loophole. A complaint against Optus Sport was filed to the Australian Communications and Media Authority (ACMA) by gambling researcher and investigative journalist Jack Kerr,
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