Industry News and Headlines
Industry
February 10, 2023
Better Collective Joined All-in Diversity Project as Founding Member
Sports betting media group Better Collective joined All-in Diversity Project, a nonprofit seeking to help businesses and industries improve diversity, equality and inclusion, as a founding member to help it expand its agenda. Furthering the Diversity, Equality, Inclusion Agenda Better Collective became the first non-sportsbook founding member of All-in Diversity Project, acknowledging the importance of […]
Industry
February 10, 2023
A Surge in Macau Casino Stocks Shows Industry on Path to Recovery
South China Morning Post reported that this is evident in the recent stock market performance of casino operators such as Galaxy Entertainment, Sands China, and MGM China, which have seen significant growth in the past few weeks. In fact, a Bloomberg index that tracks the performance of six of the largest casino operators in Macau […]
Industry
February 10, 2023
BGC Hails Lucy Frazer as Secretary of State for Culture, Media, and Sport
In a statement, the British and Betting Gaming Council (BGC) explained that Frazer’s appointment has come at a crucial time after numerous delays have stalled the publication of the white paper that will overhaul the gambling industry’s laws in the United Kingdom and amongst growing tensions as to how far consumer protection measures should go. […]
Industry
February 10, 2023
GambleAware Delivers £1.24m via the Community Resilience Fund
Gambling harm charity GambleAware announced the recipients of the Community Resilience Fund, the fund it launched last year to address health inequalities among the most disadvantaged communities. Address Disproportionate Risks Acting on research indicating that people in more deprived areas are three times more likely to suffer from gambling harm, the Community Resilience Fund seeks […]
Industry
February 10, 2023
Safer Gambling Will Define the Gambling Landscape in the UK
Gambling in the UK most likely has “settled into a new normal” according to Gambling Commission’s chief executive officer Andrew Rhodes who delivered a keynote speech at ICE London 2023. Every Player Matters Speaking in the Consumer Protection Zone of ICE London, Rhodes outlined the near-term perspectives of the gambling market in the UK within […]
Industry
February 9, 2023
Danish Gambling Regulator Reports Increased GGR in Q4 2022
The latest financial results report from the Danish gambling regulator Spillemyndigheden highlighted that the overall gross gaming revenue (GGR) for the betting, online casino, slot machine, and physical casino sectors amounted to DKK 1.8 billion ($254.9 million) in Q4 2022, which represents a 4.5% increase compared to Q4 2021. The report also noted that all […]
Industry
February 9, 2023
ICE London Saw Contributors Raise $63,798 for Safer Gambling
ICE London 2023, the biggest exhibition of gambling providers, saw participants raise $63,798 for charity. This was announced by iGaming Business, an industry-oriented magazine owned by Clarion Gaming – the company behind the big event. The proceeds will fund four organizations committed to tackling problem gambling. Each of the charities in question will receive a […]
Industry
February 8, 2023
Kambi to Allow Pre-Game BetBuilder Bet Cash-Outs for Super Bowl LVII
Supplier of sports betting technology Kambi announced that pre-match BetBuilder bets will be available for live cash out for the first time during Super Bowl LVII. Raise Excitement during Super Bowl Sunday The launch of the new feature that will allow players to cash out a large majority of pre-game BetBuilder bets live was introduced […]
Industry
February 8, 2023
ACMA Carries on with Fight against Illegal Gambling Websites
The Authority said Wednesday it has conducted an investigation and uncovered six new service providers that operated illegally in the country. ACMA said the illegal offshore gambling websites operated in breach of the main gambling regulation in the country, the Interactive Gambling Act 2001. As a result, it urged internet service providers (ISPs) in Australia […]
Industry
February 8, 2023
Fertitta Skeptical about Texas Chances to Legalize Casino Expansion, Sports Gambling
One of the biggest skeptics to share their opinions on the matter is Tilman Fertitta, owner of the NBA franchise the Houston Rockets and the Golden Nugget Casino brands. According to him the current optimism and chatter about expanding the state’s gambling with new casinos is nothing to be hopeful about. Allies of Sports and […]