Industry News and Headlines
Industry
January 4, 2023
Better Collective Implements New Long-Term Incentive Plan
Sports betting media group Better Collective is determined to award key personnel with a new incentive plan which will provide grants in the form of performance share units and/or share options. Participate in Value Creation The Long Term Incentive Plan (LTI) approved by the board of directors at Better Collective is aimed at retaining, motivating […]
Industry
January 4, 2023
Spanish GGR Increased by 31% In the Third Quarter of 2022
The Spanish General Directorate for the Regulation of Gambling (DGOJ) published on its website a report at the end of last year, according to which the Spanish gambling sector registered a gross gaming revenue (GGR) of €240.83 million. The data reveal an improvement in the Spanish gambling sector, given that the GGR was less than […]
Industry
January 4, 2023
IGT Teamed with UBetOhio, Deployed PlaySports QuickBet Kiosks
Global supplier of gaming technology and solutions International Game Technology (IGT) announced it has signed an agreement with UBetOhio and deployed its PlaySports QuickBet Kiosks at restaurants and bars across Ohio. Betting Kiosks Just the First Step Going live with the self-servicing betting kiosks via the agreement with Green Bear Gaming Development, LLC, the business […]
Industry
January 4, 2023
Number of Licensed Junkets in Macau Continues to Decline
The crackdown on junkets amid alleged ties with criminal organizations started late in 2021. Back then, Alvin Chau, who used to be the CEO of the popular junket Suncity Group was arrested. Then, early last year, Tak Chun Group’s CEO was also apprehended over alleged ties to criminal organizations and illegal gambling. Number of Licensed […]
Industry
January 4, 2023
Ohio Governor Determined to Enforce Betting Advertising Rules
Sports betting operators in Ohio are being closely watched not only by the Ohio Casino Control Commission (OCCC) but by Gov. Mike DeWine who has taken a personal interest in making sure their advertising messages do not cross the line. Crossing the Line Will Not Be Tolerated DeWine, who signed the bill to legalize sports […]
Industry
January 4, 2023
YGAM Becomes Ambassador and Partner for ICE London 2023
The charity is primarily focused on educating young people about the dangers of gambling-related harm and helping establish meaningful safeguards that can help protect at-risk and vulnerable groups, such as youths. The news was first reported by ICE365. ICE London 2023 and YGAM Continue to Tackle Gambling Harm The organization is also the official charity […]
Industry
January 4, 2023
NGOs in UK Criticize In-Stadium Betting Shops Worrying about Impact
The gambling branding has been branded as “honey traps” that end up luring young supporters. The latest criticism is triggered by the news that at least eight teams in professional soccer are going to team up with betting brands to launch “Home Shops” on-site of stadiums. NGOs Call Betting-Sports Partnerships “Honey Traps” Sheffield, the first […]
Industry
January 3, 2023
Cavs Coach Bickerstaff Cautious about Betting’s ‘Dark Side’
Sports betting will “put a bump in the finances for everybody,” but will require more education to avoid fans and athletes fall victim to its dark side, believes Cleveland Cavaliers coach J.B. Bickerstaff. Bump on Finances The Cavaliers, in partnership with Caesars Entertainment, opened Caesars Sportsbook inside their home Rocket Mortgage FieldHouse just a day […]
Industry
January 3, 2023
Seminole Tribe Lashes Back against Alleged Whistleblowers
A successful petition to investigate the lottery further destabilized the situation as parties threatened legal action. A Vaccination Lottery Gone Wrong Sparked Tensions The ongoing controversy began after the Seminole Tribe held a vaccination lottery using $3 million of COVID-19 federal relief funds to incentivize tribal members to vaccinate against the virus. With a grand […]
Industry
January 3, 2023
Ireland’s Justice Department Rejects Measures from Gambling Bill Proposal
The Irish Examiner reported that experts have directed criticism towards the Department of Justice for rejecting the proposal and have called its decision a “big miss”. The Department of Justice Rejects Background Checks Ireland’s Department of Justice had to review a proposal with a series of measures for the new Gambling Bill that will be […]