Industry
January 6, 2023
Kenny to Step Down from Group PR Role and Leave William Hill
William Hill’s Group PR and Communications Lead, Tony Kenny, announced he would step down from his position and leave the bookmaker he had spent over 16 years with. Privileged to Work for William Hill Kenny announced that he would be leaving William Hill in a statement on his LinkedIn profile, expressing what an honor it […]
Industry
January 6, 2023
bet365 Group’s Profit Sank by 95%, Revenue Marginally up
Stoke-on-Trent-based online gambling operator bet365 Group filed its annual report for the financial year 2021-22, posting a marginal increase in revenue but a nearly 95% slump in profit. Stable Revenue, Spike in Administrative Expenses For the 52 weeks ended March 27, 2022, bet365 Group registered revenue of £2.87 billion ($3.42 billion), with more than 99% […]
Industry
January 6, 2023
Russian Tech Companies Banned from CES 2023 over Ukraine Invasion
Associated Press reported that the decision is due to Russia’s invasion of Ukraine and has nothing to do with US politics but is in line with the values and policy of the trade group Consumer Technology Association, which is the producer of CES, the largest technological convention in the world. Only One Russian Company Has […]
Industry
January 6, 2023
OCCC Slapped DraftKings, Caesars, BetMGM with $150K Fines
The Ohio Casino Control Commission (OCCC) slapped three sportsbooks with a $150,000 fine each for violating the advertising rules related to sports gambling to send a clear message to the industry that it needs to abide by the rules. Compliance to Be Enforced The state’s regulator took administrative action against BetMGM Sportsbook, Caesars Sportbook and […]
Industry
January 6, 2023
Illinois May Consider Online Gambling, Says New Report
Unlike brick-and-mortar gambling, where visitors need to drive up to a specific location, online activities are much easier to access. Convenience: this is one of the prime reasons why online and mobile sports betting has been gaining traction across more states and why online gambling activities may have a similar fate. Popularity of Online Gambling […]
Industry
January 6, 2023
The ECB Continues to Push for Crypto Regulation
An official blog post on the organization’s website examined the matter in detail, contemplating 2022’s troubled history with cryptocurrency. With waning investor confidence and several high-profile crashes, Panetta argues that strict worldwide regulations are quickly becoming a necessity. Unbacked Cryptos Have Many Hidden Flaws The collapse of FTX seems to have heralded the end of […]
Industry
January 5, 2023
Betsperts Group Expanded with Bleacher Nation Acquisition
Fantasy sports and sports betting media specialist Betsperts Group announced the acquisition of Bleacher Nation in a cash plus equity deal to mark the group’s fourth acquisition in the last 18 months. ‘Impressive Track Record of Growth’ With the addition of Bleacher Nation, a sports media outlet covering sports from Chicago and across the nation, […]
Industry
January 5, 2023
Penn’s Barstool Sportsbook Conditionally Approved in Massachusetts
Barstool Sportsbook became the latest sportsbook to receive approval from the Massachusetts Gaming Commission (MGC) for mobile sports betting operations for the upcoming mobile market launch in March. Mobile Sports Betting License Received Penn Sports Interactive (PSI)’s Barstool Sportsbook received conditional preliminary approval for a temporary sports betting license this week after commissioners carried the […]
Industry
January 5, 2023
UK Needs to Save Its Gambling Industry, Says John Spellar MP
John Spellar, a Labour Party MP recently wrote for the Betting and Gaming Council (BGC) in light of the ongoing government review of the main gambling law in the country. In a report released by The House, the MP urged the government to implement measures that will protect the flourishing British gambling industry. Sensible and […]
Industry
January 5, 2023
PAGCOR Reports 62% Increase in Self-Exclusion Requests Year-On-Year
The total number of self-inclusion requests for the whole of 2022 was 333, while the requests in 2021 were only 206. The 2022 number was the highest on record for the past four years. This is mainly due to the COVID restrictions that were in place for casinos during 2020 and 2021. 157 of the […]
