Industry News and Headlines
Industry
January 26, 2022
Woman Almost Misses out on $3M Reward Due to Spam Mail
Laura Spears turned out to be one of the luckiest women in Michigan. Then again, she almost turned out to be one of the unluckiest women, too. The Detroit area woman almost missed out on a $3 lottery prize payout that had been mistakenly sent to her junk email – a legitimate award lumped together […]
Industry
January 26, 2022
Virginia’s City of Richmond Hopes Tax Cuts Will Sway the Public on Casino Bid
The city of Richmond, VA, was shocked and a little more than disappointed when local residents rejected a casino referendum last November. Not willing to give up the fight, the city is pulling out its bag of tricks to try to gain support. One of these tricks targets locals’ wallets. Tax Breaks for Casino Support […]
Industry
January 26, 2022
Number of Junkets Active in Macau Cut in Half Since January 2021
Over the past year, the total number of Macau licensed gaming junkets has declined by 45.9%. According to the Gaming Inspection and Coordination Bureau (DICJ, for its Portuguese acronym), this is the ninth consecutive year that the number of licensed junkets has declined in Macau. More exits are likely leading up to the implementation of […]
Industry
January 25, 2022
Stephanie Sherman Assumed DraftKings Chief Marketing Officer Role
DraftKings announced today an internal promotion that saw long-serving Stephanie Sherman assume the role of chief marketing officer to consolidate all marketing functions in the business under her leadership. All-Round Marketing Executive Sherman, who was one of the first employees of Boston-based DraftKings when she joined in 2013, would be responsible for future marketing efforts, […]
Industry
January 25, 2022
New Zealand’s Pokies Association Pushing for Lower Problem Gambling Rates
New Zealand’s Ministry of Health has proposed a 26% increase ($16 million) in the problem gambling levy budget over the upcoming three years. Half of the increase would be supported by profits collected from the Gaming Machine Association of New Zealand (GMANZ), one of the four contributors to the levy. While reiterating its full support […]
Industry
January 25, 2022
IMF Projects Steady Recovery for Macau as Region Diversifies Economy
Business is a greasy pole – you go up, you go down. Macau has been struggling in the past two years has been all but deprived of its main revenue sources, casino gaming and tourism. This has not stopped the special administrative region (SAR) from continuing panning. It has overhauled its licensing procedure for casinos […]
Industry
January 25, 2022
Small Illinois Village Has Big Ideas for Gambling Machines
A small village in Illinois has big ideas about how it should tax the video gambling terminals (VGT) within its borders. Sugar Grove may raise the annual fee paid by the shops where the machines are located. The Sugar Grove Village Board has already discussed the possibility of imposing an annual fee of $250 per […]
Industry
January 25, 2022
Victoria, Australia Reconsiders Plan That Would Force Gambling to Bet Less
The government of Victoria, Australia, thought it was given a perfect solution to reduce problem gambling. Instead of putting the onus on casinos, which proved inept at managing the concept, it would place it on gamblers. While the idea initially gained a lot of support, it will now be scrapped, at least temporarily, according to […]
Industry
January 25, 2022
Macau Legislators Approve New Gambling Laws During First Reading
Macau is one step closer to updating its gambling laws. The Legislative Assembly met yesterday, overwhelmingly adopting a draft gaming legislation amendment bill. A legislative committee review and a second hearing are needed before the bill can become law. A New Macau to Emerge in 2022 The bill draft sets a limit of six gaming […]
Industry
January 25, 2022
Gambling Companies in Ireland Can Use Apple, Google Tools to Block Credit Cards
Apple and Google, often blamed for their alleged complacency in facilitating gambling companies, may have been siding with consumers all along. The companies provided Irish betting apps with a reliable method to filter credit card payments for the purposes of gambling, the Irish Independent wrote, but at least one firm has opted out of this […]