The US Small Business Administration (SBA) recently had a change of heart regarding small American casinos and their ability to access COVID-19 relief funds. Late last week the SBA shifted its existing, and overly moralistic, policy of preventing businesses that derived more than half their revenue from regulated gambling. Under the new terms, small casinos…
Finland is joining the parade of European countries that are imposing new limits to help curb a potential epidemic of problem gambling during COVID-19 lockdown. The country's Ministry of the Interior, which oversees gambling regulations, is imposing new loss limits for online players, and is halting lottery draws entirely. These new measures are set to…
The gambling operator members of the UK Betting and Gaming Council (BGC) are voluntarily suspending all of their advertising, including all radio and TV ads, for the duration of the COVID-19 lockdown. It's an unprecedented move that shows the value of the UK trade group and its ability to stay a step (or two) ahead…
The Swedish gambling regulator Spelinspektionen is looking to limit wagers on top-tier football matches as part of a larger plan to curb match-fixing. It's a dire solution to a problem that has vexed professional soccer in all parts of the world for a very long time. Soccer is one of those sports that's uniquely vulnerable…
DraftKings is set to become the first publicly traded sportsbook in US history today when its stocks go public on the NASDAQ stock exchange. The little daily fantasy sports operation that once eschewed any notion that it was involved in sports betting is now poised to dominate the burgeoning US sports wagering market and make…
Las Vegas Mayor Carol Goodman wants her town's casinos to re-open as soon as possible and is willing to use casino workers and guests as subjects in a mass epidemiology experiment to do so. Goodman aired her unusual ideas yesterday in an interview with CNN's Anderson Cooper that's garnered plenty of attention for the heretofore…
The UK's Parliamentary Under Secretary for Sport, Tourism and Heritage Nigel Huddleston is warning gambling operators to be mindful to not take advantage of problem gamblers during the country's unprecedented COVID-19 lockdown. His warning came in the form of a letter to executives at Bet365, Flutter Entertainment, GVC Holdings, The Stars Group’s Sky Betting &…
Lottery ticket sales in China during the month of February amounted to almost nothing and March figures aren't looking much better. The COVID-19 quarantine and lockdown in the country kept the population far away from happy vices like the lottery and it's unclear when ticket sales might reach pre-COVID levels, if they ever do. The…
Wynn Resorts CEO Matt Maddox has an ambitious plan for getting his company's Las Vegas casinos back in business by the middle of May. Maddox's post-COVID-19 lockdown Wynn will look a lot different from any casino Vegas has ever seen and may present a few challenges for the security-minded business. And even his most timid…
Las Vegas Mayor Carolyn Goodman is calling on her state's governor to re-open the casinos and put her city back to work. Las Vegas, America's long-time gambling capitol, has been under a 30-day shutdown order that ends on April 30 (though that date could easily be extended). Goodman, a political independent, is joining a growing…
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