Industry
December 19, 2020
Online Market on the Rise Amid Covid-19 Restrictions, the UK Gambling Commission Reports
Figures from the UK Gambling Commission for October show the impact of renewed tightening of Covid-19 restrictions on online and Licenced Betting Operator (LBO) gambling behavior. Real Event Betting Prompts the Rise of the Online Industry Data from the UK Gambling Commission for the period between March and October shows that the online market has […]
Industry
December 19, 2020
Ukraine to Hold Ukrainian Gaming Week 2021 in Wake of Gambling Industry Legalization
Ukraine will hold its first gaming expo focusing on the country’s newly-regulated iGaming, sports betting and casino industries, with Ukrainian Gaming Week 2021 taking place from February 24 to 25, 2021 in Kyiv. The event, organized by Smile-Expo, will host the largest exhibition to date covering the industry and expecting over 3,000 attendees and 100 […]
Industry
December 18, 2020
NT Problem Gamblers Doubled in Numbers between 2015 and 2018
Problem gambling has become an issue in the Northern Territory (NT), a survey 2018 revealed, yet its findings were not made public only until recently when the Government backtracked on its refusal to release the report. Taxpayer-Funded Survey In 2018, the Menzies School of Health Research produced the Gambling Prevalence and Wellbeing Survey, having received […]
Industry
December 18, 2020
Louisiana Agrees on DFS Regulations, LGCB To Launch Licensing Process
Louisiana lawmakers agreed Wednesday on Daily Fantasy Sports (DFS) regulations, prompting the LGCB to start licensing operators. Forty-Seven Parishes Will Offer DFS Daily Fantasy Sports (DFS) play in Louisiana could soon be regulated, more than two years after its legalization in 47 of 64 parishes. The state’s House and Senate Committees in charge of gambling […]
Industry
December 18, 2020
Illinois Reports Record Sports Betting Handle of $434 Million in October
Illinois’ sports betting handle is growing rapidly and is now the fourth-largest market in the US, despite the negative effects of the Covid-19 pandemic. Illinois Accounts for 13% of the Total Handle in the US Illinois sports betting reported another month of growth with October’s handle increasing by 43% month-on-month to the record $434 million. […]
Industry
December 17, 2020
Veikkaus To Furlough 800 Employees From January 12
Veikkaus announced Tuesday it will temporarily lay off up to 800 employees from January 12, as the spread of Covid-19 cases rises in Finland. Furloughs Will Occur Gradually Starting January 12 Finnish state-run operator Veikkaus Oy has announced temporary furloughs set to begin in early January due to the Covid-19 pandemic. Earlier this month, the […]
Industry
December 17, 2020
Spain to Discuss New Safe Online Gambling Regulations
The new regulation is part of a series of measures to promote a safer gambling environment in Spain. It comes after the government announced ad controls and bans on sport sponsorships last month. The Measures Should be Implemented by Mid-2021 The new draft Royal Decree regulating online gambling in Spain will become subject to public […]
Industry
December 16, 2020
Wynn Las Vegas: Union Scheduling and Healthcare Request “Forces” Layoffs
Wynn Resorts said Monday that the Culinary Union’s request for 40-hour schedules and healthcare benefits “forces” the company to lay off employees. Layoffs Could Begin in Early 2021 On Monday, Wynn Resorts warned its Las Vegas employees of possible layoffs as early as January 11, following the Culinary and Bartenders Union’s request that full-time employees […]
Industry
December 16, 2020
Highly Travel-Dependent Nevada Economy Faces Gloomy Outlook
As the new year approaches, many people from the hospitality and entertainment industry continue to ask themselves what would take for the economy in Nevada to bounce back to normal and the answer to the dilemma seems to be out of any tourism slogan. Travel-Dependent Being highly dependent on airline and international travel, Nevada is […]
Industry
December 16, 2020
New Jersey’s Sports Betting Handle in November Reaches the Record $900 Million
The online sports betting industry in New Jersey flourished even during a month, when activity was lower than normal. Retail sports wagering remains at modest levels and is expected to remain this way while Covid-19 restrictions are in force. New Jersey’s Sports Wagering Industry Grows for the Fourth Month in a Row New Jersey achieved […]