Industry News and Headlines
Industry
January 21, 2022
Revolut to Block Credit Cards to Gambling Sites after Media Investigation
As Ireland takes a closer and sterner look at its gambling industry, Revolut, a popular fintech solution, and banking app, has joined mainstream bankers in blocking card payments to gambling sites in Ireland. Topping Up Gambling Accounts with Credit Cards No-Go in Ireland Revolut decided to get ahead of events after an investigation by the […]
Industry
January 21, 2022
Macau Casinos Ready for Action as Flight Ban Lifted
It may only be a small step forward, but it’s still progress. Macau casinos will take whatever they can get to bring operations back to normal levels, and will receive some help next week. Officials from Macau have announced that the ban on civilian flights from other countries for 14 days will be lifted as […]
Industry
January 21, 2022
Remote Registration for Cashless Gaming in Nevada Approved
Cashless is King could become the new phrase in the gaming industry. A move toward cashless gaming, although still only taking small steps, is underway; however, it just received a big boost. The Nevada Gaming Commission (NGC) has unanimously approved a regulation amendment that allows customers to open wagering accounts for cashless gambling remotely before […]
Industry
January 20, 2022
DraftKings to Donate $1.57M as Part of Its State Council Funding Program
DraftKings has demonstrated its commitment to inhibiting gambling harm by vowing to support the 35 state problem gambling councils across the United States. DraftKings Launches the State Council Funding Program Through the so-called State Council Funding Program, the famous operator will fuel the councils’ work by providing them with crucial monetary aid for three years. […]
Industry
January 20, 2022
PointsBet Granted PA Online Sportsbook and Casino Licenses
Pointsbet Holdings Limited announced today the Pennsylvania Gaming Control Board (PGCB) awarded sports wagering and interactive gaming operator licenses for its wholly-owned subsidiary PointsBet Pennsylvania. Long-Awaited Launch is Inching Closer PGCB’s decision to grant PointsBet sports betting and online casino operations licenses brings the Australian-based gaming company even closer to its coveted launch of online […]
Industry
January 20, 2022
AnonyMind Hires Andy Atha as Its New COO
AnonyMind, a free-to-access online service that helps people overcome gambling disorders, has hired, Andy Atha, a professional with experience in both the gambling and the health industries. Atha Becomes AnonyMind’s COO Atha’s experience includes almost three years in Sky Betting & Gaming. He’s held various positions there, such as fraud consultant (a position he also […]
Industry
January 20, 2022
Latest YouGov Gambling Survey Should Be “Wakeup Call” for MPs
The legal tug-of-war between different parties in the UK gambling industry continues as a new YouGov poll is now the basis of the latest argument against imposing onerous restrictions that are largely seen as counter-productive. The poll, which found out that only 16% of bettors support a 2005 Gambling Act review which would come with […]
Industry
January 20, 2022
Kindred Group Disapproves Sweden’s New Proposed Gambling Restrictions
Kindred Group has responded to the Swedish government’s proposal to reintroduce liability measures by saying that these types of temporary restrictions will have a detrimental effect on consumers. Instead of protecting consumers and improving safeguards, Kindred thinks that the measures will undermine the current progress achieved. The Measures Were Proposed on January 4 The Ministry […]
Industry
January 20, 2022
Missouri Sports Organizations Join Push for Legal Sports Betting
Missouri is one of the states that has yet to legalize gambling. However, that could change quickly, as several sports betting bills have been introduced to the state legislature. Fifteen days into the session, there’s still a long way to go, but sports teams are hoping they can fuel legalization. Sports Betting Legislation Appears in […]
Industry
January 19, 2022
BetMGM: 53% Projected Growth in 2022 Not Enough for Profit
MGM Resorts International and Entain Plc released today a joint trading update on the performance of their jointly owned sports betting and gaming brand BetMGM in 2021, informing investors the joint venture is not expected to become profitable in 2022. FY 2021 Performance BetMGM is expected to end FY 2021 with approximately $850 million of […]