Industry News and Headlines
Industry
November 2, 2021
Flutter’s Q3 2021 Trading Update Reveals Cracks in the Armor
Global gambling group Flutter Entertainment announced a third-quarter trading update today, posting a strong performance and 9% growth mostly driven by sports. However, the markets were unimpressed, and the FTSE100-listed company stock fell 7.3%. Overall Flutter Entertainment’s unaudited results for the quarter ended September 30, 2021, revealed revenues of £1.439 billion ($1.967 billion), an increase […]
Industry
November 2, 2021
UKGC Evaluates Credit Card Gambling Ban, More Research Coming
The UK Gambling Commission has provided an assessment in which it marked the success of imposing a blanket ban on credit cards used for the purposes of gambling. With the ban in place for over a year now, the regulator has been able to gauge its impact as well as assess whether some early-day fears […]
Industry
November 2, 2021
Seminole Tribe Launches Florida Sports Betting App Under the Radar
Even though online sports betting in Florida is undergoing several legal challenges, the Seminole Tribe of Florida decided to quietly launch a sportsbook on Monday. The activity was approved by state legislators in May, but the new regulations concerning betting on sports face a lot of lawsuits by parties who claimed that the whole process […]
Industry
November 2, 2021
Social Gambling Ads More Appealing to Children Than Adults
Gambling ads on social media may be more appealing to children than to adult audiences they are supposed to target, a new study by the University of Bristol Suggests. In the study, interviewing 650 children, young adults and adults across the United Kingdom, researchers established that underage individuals found themselves incentivized by the ads that […]
Industry
November 2, 2021
Second Man Accused in Gambler’s Murder Caught Trying to Flee the Country
It won’t bring 54-year-old Sree Aravapalli back, but at least justice can be served. After a visit to the Parx Casino in Bensalem Township, PA, turned deadly for the gambler, a second person implicated in the attack has now been arrested. Devon Melchor was taken into custody at an airport in Florida as he attempted […]
Industry
November 1, 2021
Las Vegas Sands Is Reportedly Discussing Opening a Casino Near Citi Field
New York Mets’ owner Steve Cohen is discussing a potential casino next to Citi Field with Las Vegas Sands Corp., as reported by numerous people who claim to be familiar with the discussions. These people claim that discussions are still in the preliminary stage. Considering the fact that the matter was private, they were given […]
Industry
November 1, 2021
IGT’s Former Chairman and Philanthropist Chuck Mathewson Dies at 93
The successful businessman and philanthropist, Charles “Chuck” Mathewson, passed away at age 93. He passed away on Sunday, October 24 in his home in Reno, Nevada. Besides being a successful businessman and philanthropist, Mathewson was also an inspiring figure for anyone who had the pleasure to meet him. Charles Mathewson Dies at Age 93 Although […]
Industry
November 1, 2021
Macau GGR Down in October, But Improvement Expected
Macau’s gross gaming revenue (GGR) took another hit last month, one of many the casino hub has seen over the past two years. With the return of certain COVID-19 travel restrictions in the region toward the end of September, there was less traffic to feed Macau’s gaming facilities in October. As a result, GGR dropped […]
Industry
October 29, 2021
GambleAware Receives $14.6M for H1 With Bet365 as Top Donator
United Kingdom-based gambling awareness charity GambleAware has gotten a total of $14.6 million in donations for the first half of 2021. Bet365, Entain and William Hill Ahead of Others These donations are a part of an important cause. Bet365, Entain and William Hill and Flutter vowed to provide GambleAware with no less than $137 million […]
Industry
October 29, 2021
Masks and Vaccines No Longer Required in Public Places in New Orleans
On Wednesday, the Mayor of New Orleans, LaToya Cantrell, loosened COVID-19 restrictions by making a huge move. Local residents and visitors are no longer required to wear masks in public places, and the vaccine policies are changed as negative tests can be the alternative to receiving a dose. These new rules are in effect starting […]