Industry
March 3, 2023
Culture Secretary Evades Committing to White Paper Publication Date
Frazer, who became the culture secretary just three weeks ago, stated that she requires additional time to review the white paper, and thus, did not provide a definite timeline for its publication. Frazer Prioritizes Listening to Industry Stakeholders and Families Affected by Gambling Harm In her speech at the Gambling with Lives Annual Parliamentary Forum […]
Industry
March 2, 2023
RSI Posted Q4, Full-Year 2022 Revenue Growth, Loss Increased
Online gaming and sports betting operator Rush Street Interactive, Inc. (RSI) published its financial report for the fourth quarter of 2022 and the full year ended December 31, 2022, posting revenue increases of 27% and 21%, respectively. Strong Revenue Growth RSI generated in the last business quarter of 2022 revenue of $165.5 million to contribute […]
Insider
March 2, 2023
iGaming’s Regulated Future with Johan Törnqvist
As the company behind blockbuster slot games including Book of Dead, Play’n GO titles are enjoyed by online casino players in more than 25 regulated markets around the world, including the UK. Chief executive and co-founder Johan Törnqvist explains why sensible regulation is the only way to ensure a sustainable and safe future. Q: Why […]
Business
March 2, 2023
Flutter’s Preliminary 2022 Financials Reveal Outstanding Growth
Despite stellar performance across most key verticals, Flutter Entertainment ended the year at a net loss due to several strategic acquisitions, rising interest, higher expenses, and taxes. The company’s management team had only positive remarks, emphasizing the potential growth in several attractive new jurisdictions and the opportunity to consolidate its dominating position in mature markets. […]
Industry
March 2, 2023
Miami Mayor Warns about Federal Rule That May Allow New Tribal Casinos
In the proposal letter that he sent to the US Department of the Interior, Miami Beach Mayor Dan Gelber told the Bureau of Indian Affairs that its proposed rule to allow Indian tribes to purchase off-reservation land is likely to ease and speed up the construction of off-reservation Indian gaming casinos. As explained by mayor […]
Industry
March 2, 2023
Videoslots Denies Allegations, Vows to Challenge €9.9M Fine
Online casino operator Videoslots announced Wednesday that it would challenge the mammoth €9.9 million ($10.5 million) fine it was issued by the Dutch gambling regulator, Kansspelautoriteit (KSA). Regulator vs Operator The KSA slapped Videoslots with the record financial sanction for violation of the Dutch Gambling Act but the Malta-based iGaming operator stated that there was […]
Casino
March 2, 2023
Bermuda Gives Money to Gaming Regulator Even Without Casinos
The government, though, has been happy to give the Bermuda Gaming Commission (BGC) $10 million as part of this year’s budget, allowing it to operate in the 2023-2024 financial year. The money is listed as a guarantee, meaning that the regulator will receive it regardless of how much work there is. Bermuda’s Gambling Regulator Keeps […]
Poker
March 2, 2023
888poker Makes Record Refund in 2022 to over 6000 Players
888poker has announced that the money was recovered from players’ accounts that had been found to violate the company’s fair gaming policy. The Fight Against Unfair Gaming Advantages Carries On When commenting about the news, 888 Holdings’ online poker network also spoke about their ongoing battle against the rising issue of bots, real-time advisors, and […]
Insider
March 2, 2023
Responsible Gambling: Where Business Meets Ethics
I founded the harm minimisation gambling charity, BetBlocker. The investment to develop the software came straight out of the small business I owned at the time. It later was broken off as a charity because the service became very popular, and the business could not sustain the continued growth of a free service. We did […]
Insider
March 2, 2023
Stronger Together: Raising Awareness of Safer Gambling
The theme of this year’s ICE London event is Stronger Together, which could not be more apt when referring to the ongoing challenge we face in raising awareness of safer gambling and reducing gambling harms. Gordon Moody is a charity founded over 50 years ago by the Reverend Gordon Moody himself. Mr Moody had already […]
