Two New Members Join the UK Advisory Board for Safer Gambling
Casino News Daily
by Filip Radulovic
19h ago
The UK Gambling Commission (UKGC) has appointed two new experts, Dr. Virve Marionneau and Dr. Spencer Murch, to its Advisory Board for Safer Gambling (ABSG). This move is aimed at enhancing the board’s expertise in gambling harm prevention, especially as the gambling industry continues to evolve with new technologies and international regulatory challenges. The ABSG, […] The post Two New Members Join the UK Advisory Board for Safer Gambling appeared first on Casino News Daily ..read more
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Sweden’s Online Gambling Channelization Rate Reaches 86% in 2023
Casino News Daily
by Filip Radulovic
1d ago
The Swedish gambling regulator Spelinspektionen has announced that the country’s channelization rate for the online gambling market has reached 86% for 2023, reflecting an improvement over the 77% recorded the previous year. This figure exceeds the forecasts made by several operators, including Aktiebolaget Trav och Galopp (ATG), which had predicted the rate would fall between […] The post Sweden’s Online Gambling Channelization Rate Reaches 86% in 2023 appeared first on Casino News Daily ..read more
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Thailand’s Casino Resorts to Open Doors for Global Investors Amid New Regulations
Casino News Daily
by Filip Radulovic
2d ago
Thailand is moving closer to legalizing casino resorts, as Deputy Finance Minister Julapun Amornvivat pushes for a comprehensive plan to establish entertainment complexes in the country. The finance minister has called on the customs, revenues, and excise departments to devise a tax-collection system for the proposed industry, with a plan expected to be ready by […] The post Thailand’s Casino Resorts to Open Doors for Global Investors Amid New Regulations appeared first on Casino News Daily ..read more
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Loterj Operators Secured by Court Ruling Amid Federal Betting Regulations
Casino News Daily
by Filip Radulovic
3d ago
In response to new federal betting regulations, the Brazilian government implemented significant changes in September with the introduction of Normative Ordinance No 1,475. This ordinance allowed only operators who had already applied for a federal betting license and were actively operating to continue doing so until the official launch of the regulated market on January […] The post Loterj Operators Secured by Court Ruling Amid Federal Betting Regulations appeared first on Casino News Daily ..read more
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New Online Gambling Deposit Rules in the Netherlands Starting October 2024
Casino News Daily
by Filip Radulovic
3d ago
As of October 1, 2024, Dutch online gamblers are subject to a new set of stringent deposit rules to promote responsible gambling. The measures are part of the Netherlands’ ongoing efforts to ensure player protection, particularly focusing on deposit limits and encouraging self-awareness among players about their gambling behavior. The newly introduced rules include strict […] The post New Online Gambling Deposit Rules in the Netherlands Starting October 2024 appeared first on Casino News Daily ..read more
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Playtech Reports Strong H1 2024 Results as U.S. Expansion Fuels Growth
Casino News Daily
by Filip Radulovic
4d ago
Playtech, the leading provider of technology and content for the online gambling industry, has reported robust results for the first half of 2024, highlighting its successful expansion across key markets, especially in the U.S. and Canada. Total revenue for the six-month period ending June 30, 2024, increased by 5% to €906.8 million, with adjusted EBITDA […] The post Playtech Reports Strong H1 2024 Results as U.S. Expansion Fuels Growth appeared first on Casino News Daily ..read more
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Nevada and Mississippi Show Mixed Results in August Gambling Revenue
Casino News Daily
by Filip Radulovic
5d ago
In August, both Nevada and Mississippi released their monthly gambling revenue reports, showing varying trends in their respective markets. While Nevada experienced a dip in overall gambling revenue due to a decline in slot machine activity, Mississippi saw growth in its retail sports betting market. These results offer insight into the shifting dynamics of gambling […] The post Nevada and Mississippi Show Mixed Results in August Gambling Revenue appeared first on Casino News Daily ..read more
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Swedish Gambling Authority Strengthens Fight Against Illegal Gambling
Casino News Daily
by Filip Radulovic
1w ago
The Swedish Gambling Authority (Spelinspektionen) is taking new steps to intensify its battle against illegal gambling outside the country’s licensing system. This move aims to protect Swedish consumers, public health, and tax revenues, which are threatened by unregulated gambling activities. The authority has announced that it will produce a comprehensive “situation description” to provide an […] The post Swedish Gambling Authority Strengthens Fight Against Illegal Gambling appeared first on Casino News Daily ..read more
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Canadian Study Warns Gambling Ad Regulations Are Moving Too Quickly
Casino News Daily
by Filip Radulovic
1w ago
Within a year of legalizing online gambling in Canada, a surge in public complaints about the volume and content of gambling advertisements has raised concerns. A new study released by the Canadian Gaming Association (CGA) highlights that regulators may be acting more quickly than the available evidence supports. This could result in policies that don’t […] The post Canadian Study Warns Gambling Ad Regulations Are Moving Too Quickly appeared first on Casino News Daily ..read more
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Pix Betting Transfers Jump Over 200%, Central Bank Warns of Risks
Casino News Daily
by Filip Radulovic
1w ago
Roberto Campos Neto, president of Brazil’s Central Bank, has voiced alarm over the exponential rise of online betting in the country, particularly highlighting the growing involvement of low-income individuals, including recipients of Bolsa Família. The dramatic uptick in Pix transfers to betting platforms, which has seen a surge of over 200% since January, is stoking […] The post Pix Betting Transfers Jump Over 200%, Central Bank Warns of Risks appeared first on Casino News Daily ..read more
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