Brazil’s Ministry of Justice and Public Security has implemented sweeping measures to regulate gambling advertisements through Order No. 2,344/2024. This initiative, spearheaded by the National Consumer Secretariat (SENACON), aims to eliminate promotional practices tied to gambling bonuses while safeguarding vulnerable populations, including children and adolescents. Key Provisions of the Ban The newly issued order prohibits
Month: November 2024
The American Gaming Association (AGA) has reported an impressive milestone for the U.S. commercial gaming sector, with revenues hitting $17.71 billion in the third quarter of 2024. This achievement marks the highest-grossing third quarter ever recorded, continuing a remarkable streak of 15 consecutive quarters of year-over-year growth. Additionally, September 2024 celebrated the 43rd consecutive month of increased commercial gaming
View image in fullscreen TechScape: Betting markets come for everything – and the FBI comes for a betting market This week in tech news, online predictors are riding high after a slew of accurate US election wagers. Plus, Trump and Musk try to weaponize the communications regulator Don’t get TechScape delivered to your inbox? Sign
Gaming and Leisure Properties (NASDAQ:GLPI) received a boost on Wednesday after Deutsche Bank upgraded the casino-focused real estate investment trust (REIT) from “Hold” to “Buy,” citing a robust pipeline, favorable valuation metrics, and a well-positioned balance sheet. The investment bank also raised its price target to $54 from $49, indicating a 7% upside from Tuesday’s closing
Nov 22, 2024 3 min read Table Of Contents London’s Hippodrome Casino kicked off the inaugural Women’s Winter Festival, sponsored by PokerStars, with the fast-paced one-day event; the £1,100 Women’s High Roller. A total of 27 entries were made, generating a prize pool of £25,920. Of this five-figure sum, the lion’s share landed in the
Ready to chase some big wins? Then check out the Pirates Party online slot, a 5 reel, 3 row game with 243 paylines from Net Entertainment! This high volatility game comes with Wilds and Scatters, as well as the Bonus Helm symbols where players collect Bonus Symbols to fill the progress bar above the reels,
For the first time in India, players can participate in a state-authorized, entirely online lottery system. Goa’s Directorate of Small Savings and Lotteries, in partnership with Rhiti Group, has launched an app-based lottery called Great Goa Games. Ticket sales began recently, and the inaugural draw is scheduled for November 24. The initiative aims to modernize
In a decisive move to protect minors, the Finnish Police Board has imposed a stringent prohibition against Veikkaus Oy, the state-owned gambling monopoly, for its advertising practices deemed illegal under the Finnish Lotteries Act. This regulatory action culminates in a EUR 2,900,000 conditional fine, underscoring the seriousness of the violations and the commitment of Finnish authorities to safeguard underage individuals
View image in fullscreen Widow of gambling addict lambasts watchdog’s failure to investigate suicides Exclusive: Annie Ashton, whose husband killed himself, says more people will die because of Gambling Commission inaction The widow of a man who took his own life after becoming addicted to gambling says more people will die because the regulator is
Multinational lottery operator Allwyn has announced the appointment of Elena Chambers as its new Group Chief Transformation and Corporate Development Officer. “Elena joins the business at a critical time as it seeks to enhance its strategic growth and transformation initiatives and further build the Allwyn brand,” the company said in a press release. In this role,
Nov 21, 2024 4 min read Table Of Contents The second edition of the PokerNews Online Championships at 888poker is at the halfway stage, meaning it won’t be long until we discover the Mystery Bounty Mini Main and Main Event champions. Several Day 1s have been completed in both events, with more flights running up
F1 returns to Sin City this weekend with hope that the Las Vegas Grand Prix will go down better with the local community than it did last year. The night race down The Strip looked spectacular and drove a $1.5 billion boost to the local economy, but months of construction work and the closure of
The UK’s gambling marketing regulations are among the most permissive in Europe, according to a report by the University of Bristol and Ipsos, commissioned by GambleAware. The study revealed that Great Britain, despite leading the way in research on gambling-related harms, falls significantly behind countries like Italy, Spain, Germany, Belgium, and the Netherlands in imposing
In a significant regulatory update, Google has revised its “Gambling and other games” advertising policy in Germany. This amendment, orchestrated in collaboration with Germany’s Joint Gambling Authority (GGL), stipulates that only licensed organizers and intermediaries are permitted to advertise on Google Ads. The updated policy explicitly excludes comparison websites that consolidate offers from multiple gambling providers, aiming to tighten the
View image in fullscreen Fanduel network shows an industry bought and paid for by gambling Amid the normalization of gambling, betting companies are resembling broadcasters and vice versa – and coverage is rapidly becoming a tangled web of vested interests In sports broadcasting’s equivalent of a team changing its colors from red to blue in
The National Institute of Statistics and Censuses (INEC) of the General Comptroller’s Office of Panama informed in its last report that betting and gambling, both physical and online, generated $1,931 million from January to September of this year, which represents an increase of 14.7% when compared to the same period of 2023 when a total
Nov 20, 2024 3 min read Table Of Contents At least €250,000 will be won in the Annual All-In Cup Main Event, an exciting tournament the iPoker Network is hosting. Paddy Power Poker is one of the flagship skins on the iPoker Network, so head there now if you want to be in with a
When it comes to US online poker, there are only eight states that regulate the activity. Will more look to regulate in 2025? And why does internet poker still lag behind online casino games and sports betting.? And could multi-state agreements help the industry expand even more? [embedded content] Poker players! We’ve all been there!
Thailand is edging closer to a major shift in its gambling landscape as the government advances a bill to legalize casinos within large-scale entertainment complexes. Prommin Lertsuridej, Secretary-General to Prime Minister Paetongtarn Shinawatra, has indicated that the legislation could pass through parliament by mid-2025. The Cabinet is expected to approve the bill before the end
Wildz has announced its highly anticipated entry into the Counter-Strike 2 (CS2) esports scene with the inaugural Wildz Invitational tournament set for December 2024. In collaboration with Alliance and Challengermode, this event promises an exciting competition for European teams and boasts an impressive prize pool of €25,000. Wildz debuts Counter-Strike 2 Invitational tournament: According to European Gaming, Nathan Bonello, Esports Specialist
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