Expert warns that sweepstakes can heighten gambling risks for young adults
Online casino gambling remains a legal option in only a handful of states across the United States, reflecting a cautious approach to its expansion. In contrast, sweepstakes casinos are gaining…
Washington state reminds residents of election betting ban as Kalshi gains popularity
Prediction markets, such as Kalshi, are quickly garnering attention in Washington as an innovative platform for gauging future outcomes. These platforms allow participants to forecast various events by trading shares…
MGC reports rise in casino and sports betting revenue for September 2024
The Massachusetts Gaming Commission recently revealed that in September 2024, Plainridge Park Casino (PPC), MGM Springfield (MGM), and Encore Boston Harbor (EBH) collectively amassed an impressive $92.06 million in Gross…
MGC requests info on casino player data anonymization and linkage
The Expanded Gaming Act, a pivotal regulation in Massachusetts, mandates that licensed casino operators provide anonymized customer tracking data to the Massachusetts Gaming Commission (MGC). This strategic move aims to…
ACMA issues warning to offshore gambling companies for regulatory violations
The Australian Communications and Media Authority (ACMA) has issued warnings to three gambling service providers for breaching regulations outlined in the Interactive Gambling Act (IGA). These violations highlight ongoing compliance…
Gambling industry responds to Lancet report alleging political bias
The Lancet's recent report casts a spotlight on the inherent public health risks tied to gambling activities. As gambling gains popularity globally, concerns about its impact on public health intensify.…
Star Corporation suffers $18 million EBITDA loss in recent financial quarter
Star Entertainment Group, a prominent player in the hospitality and entertainment industry, has reported a noticeable decline in revenue, according to its latest ASX filing. The recent disclosure outlines the…
Lottomatica’s Q3 finances strong due to SKS365 acquisition
In a significant move this April, Lottomatica completed its acquisition of SKS365, positioning itself for robust growth in the competitive betting market. This strategic acquisition has allowed Lottomatica to leverage…
MGM CEO discusses global growth opportunities and Q3 financial success
MGM Resorts International has announced its financial results for the third quarter, showcasing a remarkable surge in revenue, marking a record high for the company. This financial milestone comes as…
PA State Police and Gaming Control Board partner to safeguard integrity of Esports
The Pennsylvania State Police (PSP) and the Gaming Control Board (GCB) are embarking on a groundbreaking collaboration aimed at safeguarding the integrity of esports competitions throughout the state. As the…
