News

News 28-12-2024

New Hampshire Weighs Limits on Casino Charity Donations

Lawmakers in New Hampshire are exploring ways to restructure charitable gaming, including placing limits on the annual revenue that a single nonprofit can receive from casino donations. This potential cap is part of a bill introduced by State Representative Dick Ames, D-Jaffrey, who aims to create a more equitable system for distributing funds among charities. […]

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News 27-12-2024

Las Vegas Sands and Sands China Achieve Recognition on Sustainability Indices

Las Vegas Sands Corp. and its subsidiary, Sands China, have once again been recognized on the prestigious Dow Jones Sustainability Indices (DJSI), marking a significant achievement in their ongoing commitment to environmental, social, and governance (ESG) excellence. For the fifth consecutive year, Las Vegas Sands has earned placements on both the DJSI World and DJSI North America, while Sands […]

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News 26-12-2024

Closure Looms for Greek Casinos Following Asset Seizure

The potential closure of casinos in Corfu and Alexandroupoli appears imminent after Greek authorities seized the assets of their owner, Konstantinos Piladakis. The Anti-Money Laundering Authority issued the order, alleging that Piladakis concealed the beneficial ownership of entities Invictus and Glafka Capital, according to eKathimerini.com. This alleged misrepresentation reportedly misled credit institutions and nonperforming loan […]

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News 25-12-2024

Irish Gambling Regulator Advocates Bank Gambling Block Measures

Ireland’s Gambling Regulatory Authority (GRAI) is working closely with major banks to implement voluntary blocks on gambling-related transactions made with credit and debit cards. This initiative is part of a broader effort to strengthen consumer protections as the country moves toward establishing a fully regulated gambling market. Collaboration with banks to enhance gambling safeguards: According to Irish Examiner, […]

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News 24-12-2024

Betfred Faces Challenges as It Scales Back U.S. Operations, Exiting Multiple States

Betfred, a leading British sportsbook, is scaling back its operations in the United States, further reducing its footprint as the challenges for smaller betting operators intensify. Recent closures include the termination of its land-based sportsbook at Silver Reef Casino Resort in Washington. The operation ceased on December 16, with the final bets placed the day before, according […]

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News 23-12-2024

JPMorgan Ends Stake in Star Entertainment Amid Ongoing Turmoil

JPMorgan Chase has divested its stake in Star Entertainment, an Australian casino group grappling with mounting regulatory, operational, and financial difficulties. The gaming company’s recent exchange filing confirmed the investment banker’s exit, which was finalized after holding 5.09% of Star Entertainment’s voting power. Star Entertainment, recognized as Australia’s second-largest casino operator, has faced a barrage […]

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News 21-12-2024

Nolimit City Expands to Denmark and Introduces Outsourced: Payday Slot

On the heels of launching its latest video slot, Outsourced: Payday, Nolimit City is celebrating a new milestone with the approval of a B2B license from the Danish Gambling Authority (Spillemyndigheden). This license, effective from January 1, 2025, marks the studio’s entry into Denmark’s regulated gambling market, reinforcing its commitment to expanding into new territories. The five-year license allows […]

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News 19-12-2024

Australia Revises R&D Tax Policy, Excludes Gambling Activities

The Australian government has announced that gambling and tobacco-related activities will no longer qualify for the Research and Development (R&D) Tax Incentive, a policy aimed at fostering innovation and business growth. The exclusion, revealed in the Mid-Year Economic and Fiscal Outlook, is set to take effect from July 1, 2025, and aligns with the government’s broader efforts to […]

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News 18-12-2024

Light & Wonder Partners With Norwegian Cruise Line for Fleet-Wide Gaming Innovation

Light & Wonder (L&W), a global leader in gaming technology, has partnered with Norwegian Cruise Line (NCL) to revolutionize onboard gaming experiences. Through this collaboration, L&W will introduce its Operator Wide Area Progressive (OWAP) table games to NCL’s entire fleet of 18 ships. This integration includes the installation of 200 GM ATLAS systems, designed to deliver dynamic progressive jackpots and a […]

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News 17-12-2024

Indonesia Sees Sharp Increase in Nationals Moving to Cambodia for Online Gambling

The Indonesian Foreign Affairs Ministry has reported a dramatic increase in the number of Indonesians moving to Cambodia, with many lured by the lucrative but illicit online gambling industry. The trend has raised concerns about online fraud and gambling scams, exacerbating Indonesia’s already critical gambling crisis. Surge in Indonesians seeking online gambling jobs abroad: During a recent press […]

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