Industry News and Headlines
Industry
February 9, 2022
Svenska Spel to Pay $318m Dividend to the Government
Swedish lottery and gambling operator Svenska Spel released its full-year 2021 financial report marking an above expectation performance with a SEK2.9 billion ($318 million) dividend payment to the government. Solid FY2021 Results The state monopoly on lottery and gambling Svenska Spel announced it would pay back to the government the multi-billion dividend to celebrate a […]
Industry
February 9, 2022
Iowa Lottery Blocks Lottery Scammer from Cashing on Crimes
The Iowa Lottery has moved to block the biggest lottery scammer in US lottery history to date from cashing on his crimes by issuing a book or selling movie rights for his story. No Book and Movie Rights Eddie Tipton, the mastermind behind the biggest inside lottery fraud, was paroled from prison last month after […]
Industry
February 9, 2022
Japan: Wakayama IR Project Gets Traction, New Details Released
Discussions regarding an integrated resort (IR) located in the Japanese prefecture of Wakayama have been going on for a while. But only recently, during a prefectural assembly on Monday, interesting details regarding the project, including a financial plan and development proposal, were released. New Report Unveils Financial Details Regarding Wakayama IR Bid The new IR […]
Industry
February 9, 2022
GambleAware Reveals Bet365, Entain and William Hill as Biggest Contributors
As the debate in the UK rages on whether gambling companies should be contributing to tackling problem gambling, GambleAware, an initiative that specializes in helping consumers stay protected and treat gambling disorders, has revealed the amounts of contributions forwarded to its coffers by operators for the first three quarters of the 2021/22 fiscal year. William […]
Industry
February 9, 2022
Insolvency Service in UK Bans 32 Individuals from Gambling
There are different social and legal mechanisms to prevent people from self-harm. Most are focused on public awareness and helplines, clinics, and reach-out programs. Others are a little stricter in how they address those who need help. Whether being stern or compassionate works better is a question for another day. The UK’s Insolvency Service has […]
Industry
February 8, 2022
AEO Intervention Seeks to Boost Waning ICE London 2022 Interest
A flurry of participant withdrawals pushed the Association of Event Organisers (AEO) in the UK to reassure the gaming industry ICE London 2022 is safe and will take place. ‘Safe Environment for Customers’ The trade body representing companies that host trade events AEO is pulling every stop to convince potentially more cautious participants that the […]
Industry
February 8, 2022
The Newly-Formed Global Gaming Alliance Prioritizes Safety and Diversity
Some of the greatest names in gambling and gaming have come together to form the so-called Global Gaming Alliance. The new body’s job will be to address the challenges the industry faces. The alliance’s ranks include betting companies such as DraftKings and Entain, mobile gaming companies such as Habby and 89Trillion, as well as Meta, […]
Industry
February 8, 2022
Jamaican Police Officer Busted for Running US Lottery Scam
Being a police officer typically means making sure everyone follows the law. That is supposed to be for the police officers themselves, as well. One policewoman in Jamaica didn’t see it that way and will now pay the price for not sticking to her oath. Local Jamaican news outlet The Gleaner reports that Shelian Cherine […]
Industry
February 8, 2022
Seminole Tribe Could Withhold Revenue Payments if Casino Measure Advances
Florida is good at attracting attention to itself, and not always in a good way. What some politicians, as well as the Seminole Tribe of Florida, thought would be an open-and-shut case regarding sports betting has turned into a federal case with national implications. Some have used the battle to introduce a casino fight, which […]
Industry
February 7, 2022
UKGC: Copyright Infringement Websites No Place to Advertise
Today, the UK Gambling Commission released a statement on its website reminding operators of their responsibilities related to theirs’ and their third-party marketing affiliates’ digital adverts and copyrighted content. Affiliates Placing Ads are Operators’ Responsibilities The regulatory body in the UK promptly reminded licensees of their responsibilities to make sure that no advertising content is […]