Industry News and Headlines
Industry
January 27, 2022
Data Harvesting and Player Profiling Help SBG Target Addicts
A detailed investigation into data flows in the online gambling industry revealed the scale and depth of surveillance and data practices deployed by gambling operators to build detailed profiles of their customers. Behavioral Data Harvesting The investigation commissioned by Clean Up Gambling, a not-for-profit gambling campaign in the UK, and carried out by Creative Labs, […]
Industry
January 27, 2022
The Number of Swedish Gamblers Increases in 2021, Says Study
Spelinspektionen, Sweden’s gambling regulator, unveiled details regarding an annual survey outlining the gambling habits of the Swedes. Surprisingly, the survey found the percentage of Swedes that have gambled in 2021 increased by 7%. More Swedes Turn To Gambling in 2021 The study was conducted at the end of November 2021, but the results were released […]
Industry
January 27, 2022
UKGC Issues a $5 Million Fine to Genesis Global, Aims to Keep Players Safe
The UK Gambling Commission (UKGC) has issued a $5 million (£3.8 million) fine to Genesis Global after it uncovered breaches in both social responsibility and money laundering. The commission also warned the gambling industry that it will use all necessary tools to make sure that customer safety is kept at the highest level. This comes […]
Industry
January 27, 2022
KSA Tells Consumers to Expect Illegal Gambling to Be Eliminated
The Dutch Gaming Authority or Kansspelautoriteit (KSA) has told consumers that illegal and offshore gambling websites that they may have been visiting will not be available anymore. This resembles a blanket ban on foreign operators, involving ISPs blacklisting websites and cutting access through other means. Similar moves have been undertaken in Australia and Switzerland, where […]
Industry
January 27, 2022
New Maryland Bill Would Keep New Sportsbooks Away From Stadiums
A new Maryland Senate bill could bring about major changes to the sports betting market in the state. Senate Bill 297 (SB297) was sponsored and supported by Senators Ron Young and Michael Hough and would set new rules for Maryland’s Sports Wagering Application Review Commission (SWARC) to issue sports betting licenses. The legislation is likely […]
Industry
January 26, 2022
Morgan Stanley’s Intervention Turned the DraftKings’ Tide
A stock rating upgrade by Morgan Stanley saw DraftKings stock price reverse its negative trend that brought its share price from $64.50 to less than $20 in the space of four months. Is It ‘Too Big an Opportunity?’ Morgan Stanley upgraded the Boston-based gaming operator’s stock rating from Equal-Weight to Overweight in a report titled […]
Industry
January 26, 2022
Arizona Became the First State to Reach $1B in Three Months
Sports betting operators in Arizona generated in November wagers less than the previous month but enough to make the state the first to reach the $1 billion mark in just three months of operation, the monthly event wagering report released by the Arizona Department of Gaming (ADG) revealed. One, Two, Three – One Billion Arizona […]
Industry
January 26, 2022
Gaming Realms Posts Trading Update, Expects Successful 2021
Leading developer and licensor of mobile gaming content Gaming Realms plc (GMR) announced that it has enjoyed a successful 2021 and predicts to keep the positive momentum this year as well. Gaming Realms Expects 27% Revenue Growth for 2021 In a pre-close trading update released on Wednesday, GMR released its results for the full year […]
Industry
January 26, 2022
Affinity Interactive Launches DRF Sportsbook in Iowa
Affinity Interactive’s Daily Racing Form (DRF) is now available in Iowa as an online sportsbook. The platform, which specializes in providing premium data and in-depth editorial coverage on horse racing for fans across North America, is forging ahead with a new foray in the quickly-developing sports betting space. DRF Gets Serious About Sports Betting The […]
Industry
January 26, 2022
Survey Says Pennsylvania Has More Than 1M Gamblers
The Pennsylvania Department of Drug and Alcohol Programs, the Pennsylvania Gaming Control Board, and the Penn State University released a new report on Friday, looking into the rate of gambling participation in the Keystone State. Pennsylvania has embraced gambling in all of its variety, from sports to casinos, poker, and racetracks. This has created a […]