Industry News and Headlines
Industry
August 30, 2021
WynnBET Enters Arizona, Regulator Allocates Event Wagering Licenses
Under a strategic agreement with the San Carlos Apache Tribal Gaming Enterprise, WynnBET entered the regulated market in Arizona on Friday last week. On the same day, the state regulator revealed that it had granted 18 event wagering licenses. The Arizona Department of Gaming also launched fantasy sports contests on Saturday, August 28, 2021. WynnBET […]
Industry
August 30, 2021
Last Week Saw a Number of Changes in the Global Gaming Ecosystem
There’s no such thing as a sure-thing in gambling, but one bet that is guaranteed to pay out is on the gaming industry itself. There’s never a dull moment in the gaming ecosystem and, as more attention is paid to the industry around the world, it’s safe to say that things are just heating up. […]
Industry
August 30, 2021
New Casino for the Philippines Confirmed After Moratorium Lifted
The COVID-19 has caused economic hardships on every level and it doesn’t look like things are ready to get back to normal yet. The Delta variant is continuing to cause issues, but the pandemic has also helped open the doors to new gambling opportunities that perhaps would have never been explored before. The Philippines, previously […]
Industry
August 30, 2021
Irish Bookmakers Cut Off Credit Cards, Reduce Live Game Advertising
Ireland is going to take a similar approach to that found in other countries that have decided that gambling needs to be a weaker industry. Even though statistics show that only about 0.8% of the population falls into the “problem gambling” category, the country has been working on new legal parameters for online sports betting […]
Industry
August 27, 2021
Caesars Sportsbook Enjoys High Popularity, Grows Market Share
Caesars Entertainment launched its new sportsbook app earlier this month. Caesars Sportsbook is available for bettors in 8 states and it’s already making big waves. The app’s downloads reportedly continue to grow, bringing the company a higher market share, rising from 7% to 21%. Caesars Sportsbook: The Most Dynamic Sports Betting App Earlier this month, […]
Industry
August 27, 2021
Operators Should Keep Educating Players on Responsible Gambling
The push for a safer gambling environment has resurfaced time and again, but it wasn’t until 2018 and the ban of fixed-odds betting terminals (FOBTs) that industry and lawmakers saw eye-to-eye and came up with a united front against the increase in problem gambling numbers. The issue at the time was not that problem gamblers […]
Industry
August 27, 2021
Las Vegas Strip Lays Down a Record-Breaking Month in Gaming Revenue
July marked a historical moment for the Las Vegas Strip as this month records a record in gaming revenue. The main factors that contributed to this incredible milestone are the opening of the Allegiant Stadium and Resorts World Las Vegas for their first month. Additionally, several entertainment venues were reopened and managed to bring 3.3 […]
Industry
August 27, 2021
Audit of GambetDC’s (Lack of) Performance Delayed Once Again
On the surface, it has become apparent to those in the sports betting industry that GambetDC, the sports betting solution the DC Council thought would be a money-maker, has not lived up to expectations. It has a much wider net than William Hill, which has continued to rule the local market, and even latecomer BetMGM […]
Industry
August 26, 2021
Hong Kong Customs Busts Major Money Laundering Operation
Five men have been arrested for money launder when trying to cross the Hong Kong-Zhuhai-Macau Bridge. Hong Kong customs officers claim that the men participated in operations that illegally transported over $22 million in cash that is believed to have been acquired through fraud. The case was reported by the Hong Kong Government itself. A […]
Industry
August 26, 2021
Japan Might Not Initially Approve Three IRS as Previously Expected
Several years ago, when Japan’s ruling Liberal Democratic Party (LDP) found enough support for its plan to introduce integrated resorts (IR) to the country, excitement was very high. Casino operators from around the world immediately jumped at the opportunity to be part of the new market, with most larger – and a few smaller – […]