Business News and Headlines
Business
January 16, 2019
Sen. Andrew Cuomo Sees Future for Sports Betting in NY
New York Governor Andrew Cuomo says he is considering the legalization of sports betting Mr. Cuomo seeks to close a $3.1 billion fiscal deficit Tribal casinos could be the only ones benefitting from Mr. Cuomo’s law New York has long been eyed with temptation. For many, the State promises to be a vibrant market for […]
Business
January 13, 2019
GamStop Self-Exclusion Scheme Flawed, BBC Report Says
GamStop self-exclusion scheme found flawed by BBC reporters Fiona Palmer admits system is far from perfect Association of British Bookmakers (ABB) calls the findings disappointing Gambling self-exclusion schemes in the United Kingdom may not be as infallible as they are advertised to be, amid new reports exposing flaws in the system enabling gamers to find […]
Business
January 13, 2019
Madison Square Garden Files Patent for Sports Betting
Madison Square Garden files a patent for sports betting operations on mobile and online The new subsidiary to offer extensive analysis and coverage of sports betting and esports Esports are an official vertical of interest New York’s Madison Square Garden (MSG)’s parent entity is planning to jump on sports betting, following a patent filing for […]
Business
January 12, 2019
Lottoland Wants to Buy Zeal’s Germany-facing Business
Lottoland Holdings wants to acquire Zeal’s Germany-facing business The company wants to also buy out Lotto24 to guarantee better synergies and tax conditions Zeal and Lottoland have been less diplomatic in recent months Lottoland Holdings has been eyeing a German expansion for a long while now. Facing local opposition, the company continues to eye one […]
Business
January 7, 2019
German State of Hesse to Seek Individual Gambling Regulation
Germany’s gambling laws are about to get shaken up by strict individualism should a federal pact fails to be established, the German State of Hesse has cautioned. Hesse to Go It Alone in Regulating Gambling in Germany The German State of Hesse has expressed concerns over the delays in introducing new gambling legislation on a […]
Business
January 5, 2019
AGA Approves NFL and Caesars Partnership to Boost Awareness
Following the partnership between Caesars Entertainment and the National Football League, the American Gaming Association (AGA) highlighted the upsides of this move and the long-term benefits of the tie-up. AGA Content with NFL, Caesars Partnership The National Football League (NFL) and flagship casino brand Caesars Entertainment have signed up a new exciting partnership on Thursday […]
Business
January 3, 2019
Sweden Begins 2019 iGaming with 60 Legal Operators
Sweden’s gaming market has opened for business with 60 operators now running at full blast and the official regulator rebranding itself as the Spelinspektionen. The launch was preceded by abundant TV ads from established brands, such as LeoVegas, Betsson, and more. Swedish Gaming Market Now Fully Operational At the turn of the year, two things […]
Business
December 26, 2018
Italy’s Senate Votes Higher Gaming Taxes
Italy’s New Gaming Tax Laws: Biting into Profit Italy introduced a number of restrictive gaming measures in 2018. The country voted on a gaming ad ban effectively seeing all content promoting the activities of iGaming brands stripped from the public, including physical and digital advertisement media. Following a Sunday vote by Italy’s Senate, the country’s […]
Business
December 25, 2018
New Gambling Legislation Vetoed by Slovakian President
A few weeks ago, Slovakia’s online gambling market was set for a major shakeup after the country’s lawmakers approved plans that would effectively do away with the local online monopoly. Initially, it was hoped that the country’s president would sign the new measures into law thus giving international operators the opportunity to apply for local […]
Business
December 13, 2018
Brazil’s Outgoing President Signs Sports Betting Bill
Sports Betting on the Way Out Outgoing Brazilian President Michel Temer has just ratified the long-debated piece of legislation that officially makes sports betting a regulated and allowed industry in the country. The implications of the move are quite significant with Provisional Measure 846/18 now being signed into law. The bill is laying the groundwork […]