Industry News and Headlines
Industry
January 2, 2023
Africa’s Unregulated Sports Betting Markets Cause Serious Concern
Africa’s gambling market is the fastest-growing in the world. Many high-profile operators have already taken notice of the untapped opportunities and have invested significantly in the area, hoping to establish an early presence. However, many African countries are still rife with poverty, meaning a lack of effective regulation often hurts the most vulnerable parts of […]
Industry
January 2, 2023
ACMA Reports a Doubling of Gambling Ads Complaints in 2022
The Australian Communications and Media Authority (ACMA) has announced that the number of complaints regarding gambling ads almost doubled in 2022, The Guardian revealed recently. The media regulator, which is an independent Commonwealth statutory authority, has also added that the number of complaints and inquiries regarding gambling advertisements has been on a steady growth trend […]
Industry
January 2, 2023
Macau Sees GGR Plunge by 50% in 2022
The numbers reflect the continued pressure that uncertain regulation and reemerging COVID-19 outbreaks applied on the industry, nobbling concessionaires’ ability to run their business as usual and drive meaningful results from gaming operations. Macau Clocks Its Worst Year Since 2004 Gross gaming revenue was posted at MOP$42.2 billion for the full year, or roughly around […]
Industry
January 2, 2023
Macau Hopes to See Visitations Go Up to 40,000 a Day
The economy may be in the doldrums, but Macau has a plan – it involves dramatically increasing the number of tourists who come to visit the Special Administrative Region in 2023. This has been confirmed by Maria Helene de Senna Fernandes, the head of Macau’s Government Tourism Office. Tourism in Macau Braced to Pick Up […]
Industry
January 2, 2023
Police in the UK to Look for Signs of Addiction
Police are becoming aware of the negative effect that gambling addiction can have on individuals and how destitute and despair can push people into crime, similar to how drug and alcohol addiction can lead to unlawful behavior. Understand and Treat, Don’t Simply Punish This is why authorities in England and Wales are going to work […]
Industry
December 30, 2022
Nevada’s Gaming Revenue Dips in November, but the Industry Remains Robust
The Nevada Gaming Control Board’s (NGCB) monthly update revealed that operators in the Silver state won $1.22 billion, extending its billion-dollar streak to 21 months. Despite yearly revenue set to smash 2021’s record-setting profits, the recent slide may signal an end to Nevada’s seemingly unstoppable momentum. November’s Results Elicited Mixed Emotions November’s $1.22 billion total […]
Industry
December 30, 2022
PAGCOR Warns Consumers Not to Participate in Illegal Gambling
The regulator, which also operates casinos in the Philippines, insisted that the measure was needed so that players would avoid becoming the victims of scams or falling prey to identity theft, or credit card fraud. PAGCOR Continues to Raise Awareness for Responsible Gambling PAGCOR reminded players that gambling on such websites was a criminal act […]
Industry
December 30, 2022
Ohio Introduces Responsible Gambling Program Ahead of January 1 Betting Launch
Ohio is due to launch sports gambling on Sunday, January 1, 2023, but the state is also keen to ensure that it does its best to protect consumers. This includes the launch of a new dedicated campaign by Ohio For Responsible Gambling. The program that gets underway is called Pause Before You Play, and it’s […]
Industry
December 29, 2022
World Cup Gambling Ads Fell by 34%, Prove Wrong Spike Warnings
TV gambling advertising in the UK during the FIFA 2022 World Cup in Qatar fell by more than a quarter to the levels registered in the previous World Cup stated the Betting and Gaming Council (BGC) in a press release. The ‘Perfect Storm’ Did not Materialize Based on new data excluding all Lottery advertisements, there […]
Industry
December 29, 2022
India Continues to Struggle with Problem Gaming
The Indian gaming industry grows by an estimated 30% a year. Yet, the country is rife with illegal gambling, ineffective regulations, and a growing number of people suffering from addiction. The government’s inability to reign in offenders and impose a measure of control over the regulated market is quickly becoming a serious societal issue that […]