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Nevada to Face a Colossal Economic Loss of $38.9 Billion if the Shutdown Continues

Nevada to Face a Colossal Economic Loss of $38.9 Billion if the Shutdown Continues

The continued shutdown of Nevada’s beat-up tourism and hospitality industry will incur a projected loss of about $38.9 billion. Nevada is now appealing to Congress for economic aid.

March 25, 2020
ACMA Takes Action Punish Nine Media For Unauthorised Gambling Ads

ACMA Takes Action Punish Nine Media For Unauthorised Gambling Ads

The ACMA brings Nine Media to heel for airing unauthorised gambling ads during what they deem to be family-friendly live sporting events with penalties of up to $420,000 a very real possibility.

March 24, 2020
Colorado Set to Start Accepting Sport Bets Even With the Current Casino Shutdown

Colorado Set to Start Accepting Sport Bets Even With the Current Casino Shutdown

Locals fear that casino closures might thwart the launch of both retail and online sports betting in Colorado. State officials in charge are however confident that the everything will be up and running by May 1st.

March 24, 2020
Could Tech Giant, Amazon, Be Looking to Join the Gambling Sector?

Could Tech Giant, Amazon, Be Looking to Join the Gambling Sector?

Amazon held discussions over a possible acquisition of the UK National Lottery. Camelot, the present owner, is, however, keen to renew the license before 2023, which will mark the end of its initial contract.

March 23, 2020
Dutch Gambling Watchdog Fires Warning to ‘Corona-Free’ Online Casinos

Dutch Gambling Watchdog Fires Warning to ‘Corona-Free’ Online Casinos

Dutch KSA lashes out at online casinos that are using the coronavirus outbreak to target brick-and-mortar players in the Netherlands. The gambling regulator warned that such deeds could impact their upcoming iGaming license applications.

March 20, 2020
Nevada Governor Cuts All Losses by Shutting Down Everything as Coronavirus Cases Surge

Nevada Governor Cuts All Losses by Shutting Down Everything as Coronavirus Cases Surge

All gambling activity in Vegas shuttered after Gov Steve Sisolak issued a sweeping statewide directive intended to halt the spread of the Coronavirus. A billion-dollar industry is now on its knees.

March 19, 2020
Kindred Group Hit With Record €9 Million Fine By Swedish Gaming Authority

Kindred Group Hit With Record €9 Million Fine By Swedish Gaming Authority

Spelinspektionen hands out record-breaking €9 million penalty for bonus and game offerings that violated the terms of Spooniker Ltd licence agreement. However, Kindred Group CEO Henrik Tjärnström is determined to fight the fine in court.

March 19, 2020
All Bets Are off as Sin City Casinos Shut Down in Fear of COVID-19

All Bets Are off as Sin City Casinos Shut Down in Fear of COVID-19

MGM Resorts International and Wynn Resorts announce the closure of their hotels and casinos as the Coronavirus wave prevails. East Coast casinos have also followed suit with indefinite closure of their casinos.

March 18, 2020
Bulgaria’s Move To State-Run Lottery Monopoly Could Be Rooted In Organised Crime

Bulgaria’s Move To State-Run Lottery Monopoly Could Be Rooted In Organised Crime

At first glance Bulgaria’s sudden decision to revoke lottery licences and create a state-run monopoly appears financially motivated, however, given the criminal allegations against Vasil Bojkov there could be a far darker reason.

March 17, 2020
UKGC Hits Betway With Record £11.6 Million Penalty

UKGC Hits Betway With Record £11.6 Million Penalty

The Betway Group finds itself on the UKGC’s receiving end after failing to uphold social responsibility and anti-money laundering standards. The operator will have to pay £11.6 million in penalties.

March 15, 2020
Major World Sporting Events Cancelled Due to Coronavirus

Major World Sporting Events Cancelled Due to Coronavirus

The globe is currently in a panic because of the Coronavirus, so find out the implications this may have on your favorite upcoming sporting events.

March 15, 2020
Could the Eldorado-Caesars Fall Through the Cracks in Fear of COVID-19?

Could the Eldorado-Caesars Fall Through the Cracks in Fear of COVID-19?

Last summer, the Eldorado casino empire rolled the dice on a merger-acquisition of Caesars Entertainment. However, this deal is now in jeopardy because of the impact of Coronavirus on the stock market.

March 12, 2020
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