Ukraine has launched a national strategy to combat gambling addiction, recognizing that the ongoing war is worsening the problem. Key measures include systematically blocking illegal gambling websites and advertisements to protect consumers.
The Swedish licensed gambling market reported a 5% year-on-year increase in turnover for Q2, reaching SEK7.16 billion. While state-run lotteries and slot games remained stable, the overall growth indicates continued health and activity in the regulated market.
An ongoing investigation into illegal gambling in Eswatini has expanded to uncover alleged connections to politicians, government officials, cryptocurrency transactions, and an international fraud network. Police are probing these links as part of the broader crackdown on illicit activities.
Pierre Tournier, formerly of the Betting and Gaming Council (BGC), has been appointed interim Secretary General of the European Gaming and Betting Association (EGBA), succeeding long-serving Maarten Haijer. This leadership change marks a significant development for one of Europe's key iGaming industry associations.
Atlantic City casino workers' union Unite Here Local 54 has finalized new, shorter-term labor agreements with all nine properties, indicating potential future negotiations. These deals come as new economic research suggests Atlantic City's casino industry faces significant pressures, particularly from impending competition from New York City casinos.
Thomas Arasi, President and COO of Bloomberry Resorts, is spearheading efforts to revitalize the Philippine casino market leader, Solaire, focusing on both its land-based operations and growing online presence. His leadership aims to improve performance and market position in the competitive Filipino gaming landscape.
Allwyn reported a 27% increase in net revenue for the quarter, largely attributed to strong performance across its global operations and growth spurred by the PrizePicks acquisition. This financial success highlights the company's expanding market presence and strategic M&A activities.
Malaysia's government has affirmed that no new gambling permits have been issued since the 1990s, clarifying its long-standing policy. This statement comes after a court rejected an attempt to challenge the government's refusal to renew gambling licenses, reinforcing the strict regulatory stance.
PAGCOR is developing an app to help players identify licensed online casinos, aiming to combat illegal gambling and protect consumers. This initiative comes as the Philippine regulator reported a 20.33% year-on-year decline in Q2 gross gaming revenue, highlighting the challenge posed by unlicensed operators.
PGA Tour Champions golfer Matt Gogel has been suspended for six months due to betting on golf competitions. The PGA Tour clarified that Gogel did not bet on tournaments in which he participated, but the action still violates their integrity policies.
A Romanian city has banned new gambling halls and mandated the closure of all existing venues by 2027, following a central government decision to transfer licensing authority to local councils. This move reflects a broader trend of local jurisdictions gaining more control over gambling operations.
Gaming Innovation Group (GiG) is reportedly planning an €8.5 million capital raise to fund the acquisition of 888Africa. This move would signify GiG's return to the B2C gambling sector, following its strategic pivot to B2B operations in 2023.
The African iGaming Alliance (AiA) has signed a three-year Memorandum of Understanding (MoU) with the Association of Gaming Operators Kenya (AGOK) to enhance collaboration. This agreement aims to integrate Kenya's regulated gambling sector experiences into broader African regulatory and policy discussions.
An analysis highlights the political and legislative challenges facing the future of gaming in Brazil, focusing on institutional stability and political risk for potential investors. The article emphasizes the complex regulatory environment and the questions investors should consider before entering the Brazilian market.
Kalshi, a US-regulated prediction market, has expanded its partnerships to include the Los Angeles Dodgers and four other MLB teams, bringing their total MLB collaborations to seven. This increases prediction market operators' presence to nearly 25% of all MLB clubs, highlighting growing adoption within major league sports. The deals focus on data integration, brand promotion, and fan engagement for prediction markets.
The New South Wales government is proposing comprehensive gambling reforms aimed at bolstering player protection. These proposals include the implementation of facial recognition technology and new advertising restrictions, signaling a significant shift in the region's regulatory landscape.
An investigation by Active8Insights has uncovered a series of Google copyright complaints targeting online coverage of 1xBet's relationship with Sportradar. These claims raise questions about who is attempting to remove reporting as 1xBet seeks to reposition itself as a licensed global operator.
Paul Gauselmann, the influential founder of the Merkur Group, has died at the age of 91. Industry leaders have paid tribute to his nearly seven-decade career, during which he built Merkur into a global gaming powerhouse.
Evolution's board of directors has unanimously recommended shareholders reject Candle Lake's mandatory takeover offer of SEK695 per share, stating it significantly undervalues the company. The board believes the offer does not reflect Evolution's strong financial performance, future prospects, or fair market value.
Illegal sports streaming is increasingly recognized as a major customer acquisition channel for unregulated betting operators, funneling users to the black market. While this connection is evident, regulators have yet to formally acknowledge or address the direct link between pirated streams and unlicensed bookmakers.
South Africa is progressing with plans to block illegal online gambling sites, with an Expression of Interest (EOI) deadline approaching, despite ongoing questions regarding the practical implementation of the blocking mechanism. This initiative aims to strengthen the country's fight against unregulated operators.
Nevada regulators approved a $7.2 million anti-money laundering (AML) fine against the Venetian, stemming from compliance failures that occurred under its previous owner, Las Vegas Sands. Apollo Global Management, the Venetian's current owner, accepted the penalty while distancing itself from the original violations. The fine relates to failings between 2008 and 2017.
The Alcohol and Gaming Commission of Ontario (AGCO) has fined a supplier $70,000 for failing to remove an auto-play feature from its online slot games, which has been prohibited in the province since 2021. This enforcement action highlights AGCO's commitment to upholding its regulatory standards for iGaming suppliers and operators in Ontario.
Industry leaders like Genius Sports and LeoVegas highlight micro-betting and data's growing significance as key drivers in the evolution of football betting ahead of the new season. These trends are shaping how operators engage with bettors and offer new wagering opportunities.
An investigation has been launched into alleged match-fixing during a Helsinki derby football match, following alerts from betting integrity monitoring systems. This incident comes after Veikkaus, Finland's state-owned operator, previously halted bets on elite men's football due to betting rule violations.