Industry
January 12, 2022
Snipp Enters into Acquisition Agreement for Gambit Rewards
Platform-as-a-Service (PaaS) company Snipp announced that it agreed to acquire Gambit, the leading consumer network pioneer in integrating loyalty programs with sports betting and online gaming in the US. Snipp Agrees to Acquire Gambit Rewards for $5M The acquisition of Gambit includes its wholly-owned subsidiary, Gambit Rewards. Launched in 2019, the company’s unique loyalty program […]
Industry
January 12, 2022
UKGC Reminds Industry Stakeholders of Consultation Deadline
Last November, the UK Gambling Commission (UKGC) has asked for feedback from industry stakeholders regarding a review of its Statement of Principles. On Tuesday, the UKGC issued a reminder on the upcoming deadline for the consultation. The UKCG Seeking Guidance on Several Matters The Gambling Commission is looking for guidance and opinions on several different […]
Industry
January 12, 2022
Louisiana Hopeful, Not Certain, That Mobile Sports Betting Will Arrive Soon
Sports betting has become legal in a handful of locations in Louisiana. However, it is still illegal to place wagers online. The expectation has been that mobile sportsbooks were almost ready to launch and reports last week indicated that their introduction was imminent. That’s not true, according to Louisiana Gaming Commission chair Ronnie Johns. Mobile […]
Industry
January 11, 2022
Spain’s CNMC Backed PRD Provisions for Gambling Restrictions
Spain’s national competition authority, Comision Nacional de los Mercados y la Competencia (CNMC), expressed its support for the draft legislation for tighter online gambling regulation. ‘Correct Adaptation to the Principles of Good Regulation’ The CNMC, Spain’s authority that ensures markets from all sectors adhere to consumer and company standards, released a report related to the […]
Industry
January 11, 2022
New Singapore Gambling Duties Bill Increases Casino Tax Rates
Singapore’s Parliament has released a new Gambling Duties Bill meant to streamline the country’s gambling regulations. The amendments to the current Casino Control Act were originally discussed in 2019 as part of the Tourism Board’s agreement with operators Las Vegas Sands and Genting Singapore. The talks targeted the expansion of the operators’ integrated resorts (IR), World Sentosa, […]
Industry
January 11, 2022
CNBC’s Jim Cramer Chills Enthusiasm for Online Betting Stocks
The gambling industry in the United States and globally has made quite a few big strides over the last few years. There were deals from virtually every big name, involving Flutter Entertainment, Caesars, William Hill, and others. As online sports betting stocks seem to be surging, along with interest in them, many consumers are turning […]
Industry
January 11, 2022
Wakayama Residents Opposed to IR Solidify Their Stance
Some Wakayama residents would be more than pleased if the city’s IR plans took the same path as those in Yokohama. Canceling the project isn’t as easy, but the opposition is gaining traction. On Friday, a group of Wakayama residents called the “Wakayama Residents’ Group for Questioning The IR Bid” submitted a petition containing 20,039 […]
Industry
January 11, 2022
Maryland Legal Sports Betting a Success, Data From the First Month Shows
One month after Maryland’s five casinos were given the green light to offer residents sports betting services, the industry proved to be a massive success as the facilities reported a total of $16.5 million in bets. Out of those, the state kept $469,297, which will go to various public education programs. Maryland Sports Betting Was […]
Industry
January 11, 2022
New York Mobile Sportsbooks Hit the Ground Running
What a difference a day – and a new governor – makes. Andrew Cuomo had a difficult time accepting the inevitable arrival of mobile sports betting when he was governor of New York. However, once the brakes were released, everything changed. That couldn’t be more evident than the amount of action seen by mobile sportsbooks […]
Industry
January 10, 2022
GambleAware Awards Project to Help Gambling Disorder Treatment
The British gambling awareness charity, GambleAware, announced on Monday the outcome of an award process looking to extend the provision of residential rehabilitation for gambling disorder. GambleAware Picks Adferiad Recovery in Collaboration with Gordon Moody for a New Project The three-year pilot project aims at extending the National Gambling Treatment Service (NGTS). GambleAware chose to […]