Sharing our latest evidence about changes in the gambling landscape
Summary: Around 15 million people gamble on products licensed under the Gambling Act 2005 in Great Britain, around the same number of people who have visited a museum or gallery….
Category: industry
The gambling industry in the UK is one of the most lucrative in the world. It’s also one of the most controversial, due to its links with organized crime and corruption
There are two thirds of people who believe that the limits on betting in New York would cause a rise in the black market
Summary: According to a survey for the BGC, 67 per cent of people think that compulsory spending limits on betting could lead to more people going to the black market…..
JCM raises revenue and forecasts a profit
Summary: The earnings forecast for the year ending March 31, 2023 has been revised upward by Japan Cash Machine. The revision was based on higher-than- expected sales in the second….
The first digital table game is offered by Lightning Box
Summary: The table game market has a new entrant in the form of Australia-based digital games producer Lightning Box. The game requires players to pick between three and 10 numbers….
The gross gambling yield in the UK will recover to more than $10 billion in the next two decades
Summary: According to the Gambling Commission, the UK’s gambling industry saw revenues of £6.44 billion in the 21st century, which is a 6.2% decrease compared to the previous period. The….
There is a declaration of gambling regulators
Summary: The gambling regulators of France, Germany, Portugal, Spain, and Great Britain signed a declaration ahead of the World Cup. “We know that this is one of the world’s largest….
There is live content on the Technamin platform
Summary: According to a press release, Pragmatic Play is taking its digital gaming content live on the Technamin online platform. Recent releases ‘Muertos Megaways’, the Greek-mythology themed ‘Sword of Ares’,….
Allwyn raises over one billion dollars in acquisition talks
Summary: The company’s lenders have committed to provide the company with 441m of the total amount through amortising term loans, bullet term loans, and a revolving credit facility. The proceeds….
Codere Online losses grow despite revenue growth
Summary: Codere Online’s total revenue increased by 51 percent to 28.9 million in the third quarter of 2022, while net gaming revenue increased by 54 percent to 30.6 million. Codere….
Osaka was told to submit information on IR land issues
Summary: Osaka Mayor Ichiro Matsui has said that the city and Osaka prefecture have been asked to submit documents explaining how and when the local authorities would resolve issues related….
What do the US midterms mean for the industry?
Summary: iGB put together a panel of experts to discuss the consequences of the US elections on sports betting, online casino and land-based gaming. In Georgia, sports betting and casino….
Gambling habits among children are highlighted in a report
Summary: A report by the UK Gambling Commission has found that 31% of the sample group gambled with their own money in the past year, though the majority of this….
The FTX collapse has links to online-poker cheating scandals
Summary: FTX’s Chief Regulatory Officer Daniel Friedberg was involved in the coverup of the UltimateBet cheating scandal. Friedberg, who served as FTX’s General Counsel before taking on the company’s regulatory….
There is a patent for a fantasy sports stock exchange
Summary: A patent has been granted to Fandex for its fantasy sports team and player stock exchange. The company’s fantasy sports team and player stock exchange are covered by the….
Bolsters Brazil have a presence with bingolar deals
Summary: Bingolar, a Brazilian online gaming operator, has signed a content distribution agreement with Pragmatic Play to provide its Live Casino, Virtual Sports and Slot games. The deal will allow….
The gambling business was suspended for not participating in GAMSTOP
Summary: The Gambling Commission has suspended an online operator because they failed to integrate the safer gambling self-exclusion scheme GAMSTOP. Consumers who have a problem with gambling use GAMSTOP to….
Election preview special on World Series of Politics
Summary: In the latest episode of the World Series of Politics, Brendan and Brandt discuss the upcoming US elections and the future of sports betting in the country. In Texas,….
The first online gaming platform is now online
Summary: PlayNow is the first regulated online platform for gambling and sports wagering in the province. There are over 500 casino games and a full suite of sports betting offerings….
The gaming segment increased in half to Sept 30
Summary: In the six months to September 30, revenue in the gaming and systems division, which includes casino equipment, increased by 39.5%. The gaming segment recorded a profit of 2.0….
SOFT SWISS offers conversion of 9 currencies
Summary: SOFT SWISS said it has updated its casino platform to allow in-game currency conversion from balances stored incryptocurrencies to any of the nine national fiat currencies. Previously, there was….