Industry
December 29, 2022
37,000 Cases of Cross-Border Gambling Shut Down by China in 2022
Xinhua News Agency confirmed that authorities have been able to track down vast networks of illegal gambling organizations and intervene in cases that involved illegal gambling. A total of 2,600 online gambling platforms have been targeted and shut down while more than 1,100 casinos have been halted. China Posts Good Results Against Cross-Border Gambling Meanwhile, […]
Industry
December 29, 2022
News Corp’s Betr in Discussions over PointsBet Australia Sale
Australian gambling startup Betr is in preliminary discussions with PointsBet for the acquisition of the operator’s Australian business, according to a PointsBet filing to the Australian Securities Exchange (ASX) on Wednesday. Potential Sale Discussions Underway The potential sale of PointsBet Australia was first reported by The Australian on Friday and today the gambling group officially […]
Industry
December 28, 2022
Scottish Green Party MP Calls for End of Last Greyhound Racing Property
Fife member of Scottish parliament Mark Ruskell has urged fellow lawmakers to muster the support to close Thornton Greyhound Stadium in Fife, which is due to have its next round of races in January. Ruskell cited a report by the Scottish Animal Welfare Commission (SAWC) which is due to appear before the Holyrood’s Rural Affairs, […]
Industry
December 28, 2022
Genesis Global Laid off 140 Employees, Filed for Insolvency
Malta-based gaming firm Genesis Global presented its local employees with an unexpected Christmas present, informing them that they have become redundant just two days before the festive period. Notice for Christmas Present Around 140 employees received an e-mail on Friday telling them that Genesis Global has filed for insolvency and, as the firm is permanently […]
Industry
December 28, 2022
Mississippi’s Casinos Drive $2.3B in Gross Revenue in 11 Months of 2022
The Magnolia State casinos enjoyed a robust performance in the surveyed period, boosting overall tax contributions to the budget significantly. This is especially important given the fairly low rate of taxation Mississippi levies casinos with, including 4% for the first $50,000 in gross revenue, 6% for the next $84,000 in gross revenue, and 8% for […]
Industry
December 28, 2022
NSW Police Commissioner Welcomes Cashless Gambling for Pokies
The latest official to support the measure is NSW police commissioner Karen Webb who said that tougher measures are necessary to stop dirty money flowing throughout the state’s pokies machines. The matter has driven a wedge between hospitality industry backers and officials who believe that the state’s gaming operations are abused by criminals who have […]
Industry
December 23, 2022
Nevada Updates Gambling Regulations to Prevent Cyber Attacks
The Nevada Gaming Commission unanimously voted in favor of implementing updated cybersecurity regulations. The state’s casinos will need to introduce tighter control over their online operations to better protect against leaks of sensitive information such as client data. Industry representatives supported the changes, with most high-profile brands already featuring adequate data breach safeguards. Online Security […]
Industry
December 23, 2022
Five New Kindred Group Board Members Nominated
Kindred’s board of directors may soon expand as the company’s Nomination Committee just proposed five new members. The company’s board until the next annual general meeting will likely consist of a total of nine members without any deputy members. The Nomination Committee Proposed Five New Board Members The Nomination Committee proposed the re-election of four […]
Industry
December 23, 2022
AGA Talks about the Industry’s Performance in 2022
With 2023 just around the corner, the American Gaming Association (AGA) has shared some highlights of the industry’s performance in 2022. Despite the various setbacks, the industry managed to achieve another record year, just as predicted in Q1. The Industry Experienced a Second Record Year The AGA posted details about the performance of the gaming […]
Industry
December 23, 2022
EGBA Posts Strong Results Across Europe for Gambling Sector
According to the association, and the report conducted with the help of H2 Gambling Capital, the land-based sector has seen an increase in operations and overall stabilized. The lifting of COVID-19 restrictions has certainly played an important role in that. Taking the numbers in aggregate, the gross gaming revenue for the surveyed region hit €108.5 […]
