Industry News and Headlines
Industry
October 25, 2021
BGC’s Boss Asks Chancellor to Present a “Budget for Jobs”
Rishi Sunak served as a Chancellor of the Exchequer in the UK since last year. On Wednesday of this week, he is expected to deliver a budget that will help the country offset the economic uncertainty brought by the global COVID-19 pandemic. BGC Calls on Chancellor to Deliver Budget for Jobs The budget will be […]
Industry
October 25, 2021
Ontario Authorities Lift Customer Capacity Restrictions at Niagara Casinos
Last Friday, Doug Ford, the Ontario Premier, announced that the customer capacity limits would be lifted on numerous businesses, casinos included, and the two gambling facilities in Niagara Falls saluted this decision by stating that it is a step “in the right direction.” The president of Niagara Casinos, Richard Taylor, also praised the decision by […]
Industry
October 25, 2021
New York Mobile Sports Betting Operators May Work With a 64% Tax Rate
Mobile sports betting operators’ deadline to amend their proposed tax contribution expires today at 5 PM as told by the New York State Gaming Commission (NYSGC). The Commission also confirmed that a GGR rate of up to 64% could apply to applicants. The Highest Tax Rate Has Been Selected, According to the Commission The NYSGC’s […]
Industry
October 25, 2021
GeoComply: Connecticut Betting Fueled by NY in Week One
With Connecticut launching online casinos and sports betting last Tuesday, the first trickles of big data are already in. GeoComply, the company that helps operators in the US provide their services to players based in the same state, has offered a quick summation of the numbers in the first week of betting in the Constitution […]
Industry
October 25, 2021
Stakelogic Looks to Hire More than 100 Game Presenters
Launched earlier this year, Stakelogic Live is the live casino arm of the famous online casino content provider Stakelogic. Currently, all Stakelogic Live games are developed in-house and streamed from a unique art studio located in Birkirkara, Malta. The company is now looking for over 100 game presenters to join its team. Stakelogic Is Planning […]
Industry
October 25, 2021
Kindred Continues on 0% Harmful Gambling Revenue Mission
Kindred Group continues to tackle problem gambling revenue with the group expressing confidence that its active measures to slash proceedings from vulnerable gamers have resulted in significant progress. Presently, Kindred Group estimates that only 3.3% of its revenue is generated from harmful gambling, citing data for the third quarter of 2021, and the group is […]
Industry
October 25, 2021
Camelot Under Fire Because of Instant-Win Games Focus
The United Kingdom’s National Lottery operator Camelot has found itself under fire by members of the Conservative Party and the Labor Party. The Members of Parliament are unhappy with the operator’s focus on app-based games. Politicians Are Unamused With Camelot The Guardian reported that politicians believe traditional paper slips are a much better option and […]
Industry
October 22, 2021
TalkBanStop Shows Positive Result, Reduces Gambling-Related Harms
TalkBanStop is a pilot launched for 12 months that aims at reducing gambling-related harms. Thanks to combining gambling exclusion tools and trained advisers, the pilot aims to help people who have felt problem gambling. A New Pilot Campaign Is Making Positive Impact GamCare, Gamban and GAMSTOP all collaborated to launch TalkBanStop. The innovative pilot offers […]
Industry
October 22, 2021
Ireland’s Strict New Gambling Rules Envision Heavy Penalties
James Browne, Ireland’s Minister of State at the Department of Justice, has unveiled new regulatory rules for the country’s gambling market. According to the Ministry, this much-needed change is needed to modernize the outdated local gambling laws. The Responsibilities of the New Authority Under the new legislation, Ireland will form its first-ever gambling regulator who […]
Industry
October 22, 2021
FinCEN Loosens Regulations Concerning Casino ID Verification
The Financial Crimes Enforcement Network (FinCEN) of the US Treasury Department is bringing good news to casino customers as it loosens the regulations concerning ID verification. On Wednesday, FinCEN stated that the use of non-documentary means in order to ID their visitors will be permitted. Before this new regulation, casino staff were required to inspect […]