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Industry
Kentucky Sees a $4.5M Handle in First 2 Weeks of Retail Sports Betting
Kentucky Sees a $4.5M Handle in First 2 Weeks of Retail Sports Betting
The preliminary results for revenue generated in the first two weeks of Kentucky retail sports betting are out, and the numbers don’t lie. The state has managed to reel in over $4.5 million in betting handles within 14 days of officially going live w...Sep 23, 2023India's iGaming Sector Stands Against Proposed Tax Increases
India's iGaming Sector Stands Against Proposed Tax Increases
Ever since India’s Prime Minister, Narendra Modi, made the announcement in July of 2023 that a higher tax rate would be imposed on gambling companies, operators have been fighting for change. Now that the Goods and Service Tax (GST) is in full effect...Jan 13, 2024Now Live: Exciting Tournaments at SOFTSWISS Casinos
Now Live: Exciting Tournaments at SOFTSWISS Casinos
Visit any leading online gaming platform, and you’ll find the most intriguing games from the best software providers. Players at SoftSwiss casinos are in for a treat with the new enhanced tournaments featuring amazing live tournaments. The...Jan 31, 2024Gaming Juggernaut Flutter Starts Trading on the NYSE for US Appeal
Gaming Juggernaut Flutter Starts Trading on the NYSE for US Appeal
Flutter Entertainment, the parent company of FanDuel, formally enlisted in the New York Stock Exchange effective Monday, 29th January, under the FLTR ticker symbol. The company got off to a great start in the market, with its shares up 1.4% on its fi...Jan 30, 2024BGC Calls For the Modernisation of the UK Gambling Market
BGC Calls For the Modernisation of the UK Gambling Market
Last year, the Betting and Gaming Council CEO Michael Dugher took the British government to task over its impending stealth tax. While there was no tax increase, they had proposed freezing the application of revenue bands, which brings tax relief...Jan 04, 2024Dream Drop Network Celebrates 100 Million Winner Milestone
Dream Drop Network Celebrates 100 Million Winner Milestone
Relax Gaming's Dream Drop progressive jackpot network launched quietly, allowing player hype to do the lion's share of its marketing. Even today, with frequent multi-million Euro payouts and an incredible number of individual rewards, the company sha...Oct 26, 2023The FDJ's Rise from National Lottery to Big Industry Bidder
The FDJ's Rise from National Lottery to Big Industry Bidder
In the dynamic igaming world, where futures and fortunes can change with a dice roll or a card draw, one company has stood the test of time - La Française des Jeux (FDJ). Evolving from a national lottery into a powerhouse in the gaming industry,...Jan 29, 2024Kentucky Sees a $4.5M Handle in First 2 Weeks of Retail Sports Betting
Kentucky Sees a $4.5M Handle in First 2 Weeks of Retail Sports Betting
The preliminary results for revenue generated in the first two weeks of Kentucky retail sports betting are out, and the numbers don’t lie. The state has managed to reel in over $4.5 million in betting handles within 14 days of officially going live w...Sep 23, 2023India's iGaming Sector Stands Against Proposed Tax Increases
India's iGaming Sector Stands Against Proposed Tax Increases
Ever since India’s Prime Minister, Narendra Modi, made the announcement in July of 2023 that a higher tax rate would be imposed on gambling companies, operators have been fighting for change. Now that the Goods and Service Tax (GST) is in full effect...Jan 13, 2024Now Live: Exciting Tournaments at SOFTSWISS Casinos
Now Live: Exciting Tournaments at SOFTSWISS Casinos
Visit any leading online gaming platform, and you’ll find the most intriguing games from the best software providers. Players at SoftSwiss casinos are in for a treat with the new enhanced tournaments featuring amazing live tournaments. The...Jan 31, 2024Gaming Juggernaut Flutter Starts Trading on the NYSE for US Appeal
Gaming Juggernaut Flutter Starts Trading on the NYSE for US Appeal
Flutter Entertainment, the parent company of FanDuel, formally enlisted in the New York Stock Exchange effective Monday, 29th January, under the FLTR ticker symbol. The company got off to a great start in the market, with its shares up 1.4% on its fi...Jan 30, 2024BGC Calls For the Modernisation of the UK Gambling Market
BGC Calls For the Modernisation of the UK Gambling Market
Last year, the Betting and Gaming Council CEO Michael Dugher took the British government to task over its impending stealth tax. While there was no tax increase, they had proposed freezing the application of revenue bands, which brings tax relief...Jan 04, 2024Dream Drop Network Celebrates 100 Million Winner Milestone
Dream Drop Network Celebrates 100 Million Winner Milestone
Relax Gaming's Dream Drop progressive jackpot network launched quietly, allowing player hype to do the lion's share of its marketing. Even today, with frequent multi-million Euro payouts and an incredible number of individual rewards, the company sha...Oct 26, 2023The FDJ's Rise from National Lottery to Big Industry Bidder
The FDJ's Rise from National Lottery to Big Industry Bidder
In the dynamic igaming world, where futures and fortunes can change with a dice roll or a card draw, one company has stood the test of time - La Française des Jeux (FDJ). Evolving from a national lottery into a powerhouse in the gaming industry,...Jan 29, 2024Public Accounts Committee takes UKGC to task for failing in its duties
Public Accounts Committee takes UKGC to task for failing in its duties
The UK House of Commons appointed a bipartisan Committee of Public Accounts (the Committee), led by Labour MP Meg Hillier, to delve into the actions, systems and efficacy of the Department for Digital, Culture, Media & Sport (the Department) and...Jun 30, 2020Wirecard Gambling Payment Processor Misplaces $2 Billion
Wirecard Gambling Payment Processor Misplaces $2 Billion
Wirecard AG, one of the most prominent gambling payment processors in Europe is on the spot after the company management disclosed that about $2 billion in cash had gone missing from its balance sheet. Last week, the company filed for insolvency proc...Jun 29, 2020Nigel Green Thumps Trump over Bitcoin Tirade
Nigel Green Thumps Trump over Bitcoin Tirade
The President of the United States has not hidden his feelings about Bitcoin and other cryptocurrencies. Instead, his tone towards the ground-breaking technology has been negative, at best. Last June, Trump launched a Twitter at Bitcoin specifically,...Jun 27, 2020Titans of Esports Unite to Launch New LG Gaming Channel
Titans of Esports Unite to Launch New LG Gaming Channel
LG Electronics UK has joined forces with the renowned Kairos Esports to provide gamers with the ultimate esports channel, dubbed “LG Gaming”. This dedicated digital gaming channel comes loaded with a mission to provide tailormade content for the...Jun 26, 2020The Gaming Sector Rakes in a Cool €1.56 Billion for Malta’s Economy
The Gaming Sector Rakes in a Cool €1.56 Billion for Malta’s Economy
In 2019, the gaming industry in Malta solidified its position as the third-largest contributor to the county’s local economy, excluding the public administration. This is according to the Annual Report and Financial Statements released by the Malta G...Jun 25, 2020Shadow Gambling Claimed To Threaten Non-Profit Revenues
Shadow Gambling Claimed To Threaten Non-Profit Revenues
January 1st, 2019 saw Sweden’s new Gambling Act come into force. The Act allowed for international operators to legally offering casino and betting services in the market pursuant to being approved for a licence. However, the one gambling product...Jun 25, 2020Evolution Gaming Go All in with a €1.96 Billion Netent Buyout Bid
Evolution Gaming Go All in with a €1.96 Billion Netent Buyout Bid
The iGaming world was rocked today by news of an astounding new buyout offer that has been tabled by live dealer provider Evolution Gaming. Since its inception in 2006 Evolution Gaming has focused solely on creating world-class live dealer games, yet...Jun 24, 2020France boots ARJEL as its gambling regulator in favour of more powerful ANJ
France boots ARJEL as its gambling regulator in favour of more powerful ANJ
Late 2019 saw France sign in a new suite of gambling regulations which would see the existing gambling regulator, L’autorité Nationale de Régulation des Jeux en Ligne (ARJEL), replaced by a more empowered national gambling authority, L’autorité Natio...Jun 23, 2020UK MPs Propose Radical Measures for Reformation of the Gambling Industry
UK MPs Propose Radical Measures for Reformation of the Gambling Industry
50 cross-party members of parliament in the UK came together to launch a safer gambling coalition by the name Gambling Related Harm All Party Parliamentary Group for (GRH APPG). The main purpose of this new alliance was to reduce the rate of gambling...Jun 21, 2020AGA Pushes for Adoption of Digital Payments in Casino Floors
AGA Pushes for Adoption of Digital Payments in Casino Floors
The American Gaming Association (AGA), the national trade group of the gambling industry in the USA is calling for digital payments on brick-and-mortar casino floors. The recommendation is backed by a recently revealed Payments Modernization Policy P...Jun 18, 20205 BGC Members Pledge a £100 Million Fund to Address Problem Gambling
5 BGC Members Pledge a £100 Million Fund to Address Problem Gambling
GambleAware, the non-governmental UK based organization responsible for tackling problem gambling will be receiving a £100 million ($150 million) donation from five members of the Betting and Gaming Council (BGC). BGC is the UK’s gaming trade associa...Jun 17, 2020Apple Could be Facing a $5 Million Class Action Suit Over Loot Boxes
Apple Could be Facing a $5 Million Class Action Suit Over Loot Boxes
On Friday, Apple Inc was slapped with a $5 million class-action lawsuit over the use of loot boxes in the games and applications that are available on its App Store. According to the plaintiff of the complaint filed in California’s Northern District...Jun 16, 2020