Betting industry news

    Dutch parliament united on illegal market enforcement as government pledges open dialogue with Meta and Google

    Dutch parliament united on illegal market enforcement as government pledges open dialogue with Meta and Google

    The Dutch government plans to continue discussions with Meta and Google to combat illegal gambling advertisements on their platforms, signaling a concerted effort against the black market. Only after successfully addressing the illegal market will the government reconsider the possibility of increasing the gambling age in the Netherlands. This highlights an ongoing focus on regulatory enforcement and potential future policy changes.

    FINTRAC imposes an administrative monetary penalty on Nova Scotia Gaming Corporation

    FINTRAC, Canada's financial intelligence unit, has imposed an administrative monetary penalty of $231,826 on the Nova Scotia Gaming Corporation. This penalty follows a compliance examination focusing on anti-money laundering and anti-terrorist financing protocols. The enforcement highlights the strict regulatory environment for gaming corporations in Canada regarding financial compliance.

    BreakingRegulatory

    Euromat research shows value of Europe's illegal online gambling market has tripled in six years to €12bn

    New research by Euromat indicates Europe's illegal online gambling market has tripled in value over six years, reaching €12 billion in net revenue in 2021. This 'black market' now accounts for 25% of the total online gambling sector in Europe, highlighting significant challenges for regulated operators and authorities. The study provides the most detailed analysis to date on the scale of unregulated online gambling across the continent.

    The future of Brussels' casino is in doubt as the Council of State suspends the award to Napoleon Games

    The Belgian Council of State has suspended the award of the Brussels casino concession to Napoleon Games, following a decision made by the City in July. This ruling puts the future of the casino in doubt and raises questions about potential conflicts of interest due to the Mayor's position with an Anderlecht football club sponsored by Napoleon Games.

    AGA estimates $29.5bn in legal NFL betting with growth flat due to backdoor sports betting on prediction markets

    The American Gaming Association (AGA) projects Americans will legally wager $29.5 billion on the 2026 NFL season, a figure showing flat growth compared to the previous season. The AGA attributes this stagnation to the rise of 'backdoor sports betting' through prediction markets, which operate outside of state-regulated frameworks across all 50 states.

    Primero Games buys Win Systems' gaming division

    Primero Games has acquired the Gaming Division of Win Systems, including its Gold Club electronic-roulette business. This acquisition expands Primero Games' product offerings to include slot and electronic-roulette products, manufacturing capabilities, and an installed base of over 3,000 gaming positions across Latin America and the Caribbean.

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    New Jersey Attorney General files petition in the Supreme Court to stop Kalshi offering sports betting

    New Jersey Attorney General Jennifer Davenport has petitioned the US Supreme Court to rule on whether prediction markets, like Kalshi, can offer sports wagers without adhering to state sports-gambling laws. This filing seeks to resolve a national legal divide on the classification of these markets, with potential far-reaching implications for both prediction platforms and state-regulated sports betting.

    Why 'Responsible Gambling' is Failing & What Evidence Says Should Replace It

    This article challenges the effectiveness of current responsible gambling (RG) advertising strategies, despite significant investment from major operators like FanDuel and DraftKings and UK industry commitments. It suggests that current approaches may be failing and implies a need for evidence-based alternatives to improve player safety outcomes. This highlights a critical and evolving discussion within the industry regarding player protection.

    DraftKings and FanDuel Turn Up Heat on Kalshi: ‘Live in All 50 States’

    DraftKings and FanDuel are intensifying their challenge against Kalshi, a prediction market platform that advertises itself as offering 'legal sports betting in all 50 states' despite operating outside traditional sports betting regulations. The dispute highlights the evolving landscape of event wagering and the legal distinctions between betting and prediction markets, drawing attention from major industry players.

    Dutch gambling debate unveils polarised politics

    A recent political debate in the Netherlands highlighted strong divisions regarding the future direction of the country's gambling legislation, particularly the ongoing reforms to the Remote Gaming Act (KOA). The discussions revealed diverse opinions on how to proceed with the existing mandates, indicating potential challenges for unified policy implementation.