Industry

The US sports betting industry is under fire after several major scandals involving professional athletes and gambling. Now the main stream media is calling for changes amid concerns of addiction risks and player protections. Enter the SAFE Bet Act, which could bring some big changes to the American sports betting industry, but could also save

The Catawba Nation celebrated the beginning of construction on the $700 million-plus permanent Catawba Two Kings Casino in Kings Mountain, North Carolina, about 35 minutes from downtown Charlotte. At the groundbreaking ceremony, Catawba Nation Chief Brian Harris was joined by other Catawba leaders; Cleveland County, City of Kings Mountain, and other government officials; and leaders

Amid all the recent turmoil and negative headlines surrounding sports betting, we thought we would look at the various sports league gambling policies. And we begin with Major League Baseball, who has seen a rash of bad press surrounding this issue. League Commissioner Rob Manfred recently commented on the issues and had this to say

The Philippine gaming industry is adapting to a more regulated environment while exploring alternative markets to sustain growth in the absence of Chinese tourists, according to Alejandro H. Tengco, chairman of the Philippine Amusement and Gaming Corporation (PAGCOR). Speaking at the Global Gaming Expo (G2E) Asia last week, Tengco announced PAGCOR’s plan to start privatizing

Puerto Rico’s gaming and betting industry generated $186 million in revenue for 2023, announced Juan Santaella, Interim Director of the Puerto Rico Gaming Commission. The casino sector contributed the lion’s share, amassing $177.3 million of the total revenue. Puerto Rico’s casino industry has a rich history, having been the second U.S. jurisdiction to legalize casinos

Calls to ban sports betting advertisements in Canada resurfaced on Wednesday during a meeting of the Standing Senate Committee on Transport and Communications. This came as the committee reviewed Bill S-269, the National Framework on Advertising for Sports Betting Act, which proposes a Canada-wide framework for event wagering ads. Bruce Kidd, a former Olympic distance runner

The regulatory entity of gaming in Colombia (Coljuegos) shared a report in which it communicated the results of its fight against illegality and evasion in the country. As part of its actions against illegal gambling, in 2024, the entity opened 485 processes against gaming operators for evasion or omission of payments corresponding to operating rights.

The new Treasure Chest Casino on Williams Boulevard in Kenner, Louisiana, opens to the public today, Thursday, June 6th. For the first time, the casino will operate from a land-based facility, after nearly three decades in the riverboat on Lake Pontchartrain.  Kenner Mayor Michael Glaser placed the first bet for $100 at a blackjack table

Major League Baseball has banned San Diego Padres infielder Tucupita Marcano for life for betting on the sport. Additionally, four other players received one-year suspensions for other gambling-related violations. None of the players are appealing their discipline.  MLB said Marcano placed 387 baseball bets totaling more than $150,000 in October 2022 and from last July through

We’re looking at some major changes for Las Vegas slot machines, some good and some not so good. These changes will impact your jackpots, your taxes, and how the casinos pay you. Plus, are there any coin slot machines left in Sin City? Yes, and we’ll tell you where they’re hiding! [embedded content] Several weeks

The European Union (EU) finalized its new anti-money laundering (AML) framework on Thursday, following approval by the European Council. The legislation, which aims to strengthen financial crime prevention while simplifying compliance for operators, was welcomed by the European Gaming and Betting Association (EGBA). The new rules establish the European Anti-Money Laundering Authority (AMLA), with direct supervisory powers

You may have heard that the IRS is thinking of raising the reporting threshold for slot jackpots. But even if they don’t, the Handpay Reduction Act being could raise the reporting limit anyway. Representatives Dina Titus of Nevada and Guy Reschenthaler of Pennsylvania have brought forth a bill which would mandate a change if the

Macau witnessed a substantial increase in casino revenue in May, setting a new post-pandemic high. Driven by the Golden Week holiday and the introduction of new permits for Chinese tourists, gross gaming revenue (GGR) reached MOP 20.19 billion ($2.51 billion) last month, up 29.7% from the prior year.  For the first five months of the year,

The Ukrainian Gambling Commission, in collaboration with the Security Service of Ukraine (SSU), has mandated the blocking of 433 illegal gambling websites. This action is part of ongoing efforts to combat unregulated online gambling operations in the country. On May 23, the National Center for Operational and Technical Management of Telecommunications Networks of the State

Casino gaming provider Euro Games Technology (EGT) is gearing up for its second participation at SIGMA Asia, set to take place on June 4 – 5 at the SMX Convention Center in Manila, Philippines. “Don’t miss the chance to learn more about our products. We will be waiting for you at booth D301,” said Mariana

Hard Rock recently confirmed the closure of Mirage Las Vegas, and that they would layoff the 3,000 plus Mirage employees when the resort closes in July. That’s not great news to the families who depend on those jobs, especially after the company had stated the hotel would not shut down during the transition. Now a

Dublin-based Flutter Entertainment has confirmed that its primary listing is now on the New York Stock Exchange (NYSE). Additionally, the Betfair and Paddy Power owner announced that its Chief Financial Officer Paul Edgecliffe-Johnson is stepping down after he signaled that he could not commit sufficient time to work from the United States. In an announcement to

Woe, cowboy! It’s time to take a look at the Buffalo Sunset online slot from GameArt, with 5 reels and 243 paylines! This medium volatility game has buffalo of course, along with many other wild animals of the plains like marmot, wolf, and lynx! They fill the reels along with Multipliers and Wild symbols, and

Macau is likely to continue attracting premium travelers seeking to gamble over the next 12 months despite global economic uncertainties. According to a recent survey by Hong Kong investment bank CLSA on the resilience of the casino sector, 78 percent of respondents plan to visit Macau before March 2025, with 84 percent intending to stay

Shares of major sports betting companies experienced significant declines after Illinois announced a new budget agreement that will substantially increase taxes on some sports bets. DraftKings shares plummeted by up to 14% during trading on Tuesday, while Flutter, the parent company of FanDuel, saw an 8% drop. The fiscal 2025 budget for Illinois, starting July