By Tomas Medon Bet365 Cleared of Underage Betting AllegationsOctober 18, 2019 The Swedish Gambling Authority (SGA), which is otherwise known as Spelinspektionen, has recently cleared four gambling operators that had been facing allegations of taking bets on the performance of underage athletes. According to Swedish gambling law, taking bets on any form of activity involving minors or their individual performance is illegal. bet365, Betsson, Kindred Group’s […]
By Alexander Palmer No Bids Received at Pa.’s Latest Mini-Casino AuctionSeptember 6, 2019 The Keystone State’s gambling industry has been growing quite rapidly and even though it is one of the nascent gaming markets in the United States, it is safe to say that it has been thriving, at least in most part. While most other aspects of the industry seem to on moving in the right direction, […]
By Elaine West Caesars Drops Its Bid for Integrated Resort in JapanAugust 30, 2019 Renowned Las Vegas-based gaming and hospitality company Caesars Entertainment Corporation has announced that it will no longer be pursuing its plans to acquire one of the three highly coveted integrated resort (IR) licenses that are to be awarded to worthy operators in Japan. The behemoth gambling operator has now shifted its focus on its current […]
By Elaine West Old Tucson Movie Theater May Soon Be Turned into CasinoJuly 9, 2019 Known for being one of the places in the United States with some of the most lenient laws when it comes to gambling, the state of Arizona has over 20 land-based casinos and the number is still growing. The federally recognized Pascua Yaqui Tribe has reportedly begun pursuing an initiative that will see them launch […]
By Ameana Jones Eldorado Resorts Acquires Caesars in $17B Casino MergerJune 25, 2019 Caesars Entertainment, one of the most popular names in the world of gambling, has recently agreed to be bought by Eldorado Resorts in a deal that is estimated to be worth a whopping $17.3 billion. This move will effectively create one of the biggest gambling firms in the United States while at the same time […]
By Grant Mahon Loot Boxes Constitute Gambling, New Study FindsMay 9, 2019 There has been a raging debate over whether or not loot boxes are a type of gambling. While some countries have already taken stands in as far as the issue is concerned, many other places are still in limbo primarily because rules and regulations have not been set with regards to loot boxes. Fortunately, a […]
By Alexander Palmer Fox Sports, Stars Group Partner to Offer Sports BettingMay 9, 2019 Fox Corporation has recently announced a new strategic partnership that will see it buy 4.99 percent of gaming giant Stars Group – this is by far the biggest media investment in the rapidly growing sports betting market in the United States with Fox set to pay a whopping $236 million for a stake in the […]
By Tomas Medon Spanish Broadcasters Cease to Carry Gambling AdvertsMay 4, 2019 A number of European countries have intensified their efforts to ensure that gambling is carried out in the right way and as per the regulations of the authorities. Some of the areas that have proven to be very problematic have been gambling-related harms and underage gambling, both of which need to be addressed as fast […]
By Alexander Palmer NJ Online Gaming Market Growth Drives GAN to Record RevenuesMay 2, 2019 London-listed online gaming service provider, GAN has reported record revenue for the first quarter of the year and this is largely thanks to its online gambling and sports betting operations in the state of New Jersey. Revenue went up by a whopping 122 percent year-over-year compared to the same period in 2018. Now that is […]
By Alexander Palmer Swiss Casinos File Applications for Online Gaming LicensesApril 27, 2019 The licensed land-based casino operators in Sweden have recently started filing online gambling applications with the Federal Gaming Board (Eidgenössische Spielbankenkommission, ESBK) in the hopes of being approved to offer online slots and table games when the industry finally goes live this summer. According to a recent report by Swiss Media, the gaming board has […]