While some elements of the gambling industry have been shielded from the devastating impact of the worldwide coronavirus pandemic, Nevada's iconic casino business has been uniquely prone. After all, Nevada has a tiny local population and relies heavily on out-of-town guests to gamble, drink, and generate cash. That vulnerability was on glaring display as Nevada's…
The UK gambling industry contributes about £7.7 billion ($10.6 billion USD) to the UK economy in 2019. That's the conclusion from a recent report by the consulting firm of Ernst & Young. That £7.7 billion figure is the amount that gambling contributed to the UK's gross domestic product, which is known as the gross value…
Spelinspektionen, the Swedish gambling regulator is issuing a warning to Bet365 for offering odds on a football match that included a large number of underage players. Company officials say that the odds were posted in error, but the hard minds at Spelinspektionen were not in the mood to hear argument, no matter how reasonable, and…
Regulated sports betting is turning into a huge business in the United States as it creeps into gambling markets big and small. While some markets, like New Jersey, can expect to see handles approaching $1 billion from time to time, others won't be anywhere near that robust. One of those smaller markets is South Dakota.…
As regulated sports betting rapidly embeds itself in the heart of US culture, gambling industry observers are getting a look at what various scenarios look like in real life. For example, the US state of Mississippi recently showed how much money could be earned in a month without football, in a state without mobile sports…
One of the biggest issues/burdens for online gambling operators, particularly those who serve European players, is staying in line with compliance rules. These regulations are designed to prevent fraud and problem gambling but can also border on the edge of Kafkaesuqe. That's what Bayton, a Malta-based operator, is finding out as it deals with an…
As spring approaches a pandemic-bound work, regulators at the UK Gambling Commission (UKGC) have been keeping themselves busy by issuing In Touch Games with a £3.4 million ($4.5 million UDS) fine for failing to comply with social responsibility and anti-money laundering regulations. Though the UK-based operator will be doing plenty of work to get back…
If you're a gambling operator, one of the best ways of getting your logo out in the world is to do what Bettson Peru is doing - connect with the local football league. The company recently entered into a deal with country's big soccer leagues that includes a logo sponsorship on team jerseys and a…
Will this year's NCAA Men's Basketball Tournament turn into the first legal $1 billion wagering event in US history? That's the prediction being made by analysts at PlayUSA.com. The emphasis in their prediction, however, is on the legal part of the equation. The company's bold prediction comes as more and more American states open their…
Loot boxes are a corner of the video game world that game producers love because they generate huge amounts of revenue but are equally hated by lawmakers because they are, well, a form of gambling that's aimed at children. But no matter what anybody thinks of loot boxes, they're on track to generate an astounding…
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