The Kindred Group is exiting the North American gaming market as part of a broad effort to restructure the company and focus on its core, revenue-producing operations. It's a move that includes at least 300 layoffs of North American-facing employees, but will save tens of millions of dollars over the long run. Kindred's departure from…
The International Betting Integrity Association's (IBIA) report on suspicious betting activity for Q3 2023 turned out to be a bit of a good news/bad news situation. On the good news side, the IBIA report shows that the number of overall suspicious wagers is dropping over time. The bad news is that a full 30 percent…
Oklahoma Governor Kevin Stitt has a plan for bringing regulated sports betting to the Sooner State. His plan, however, came as complete surprise to other sports betting interests in the state, including other lawmakers and the Oklahoma Indian Gaming Association (OIGA). Both groups expressed concern and anger that Governor Stitt would be moving forward on…
Online gambling operators are overwhelming their customers with a tsunami of advertisements and promotions that, rather than engaging players, are actually sending them away. That's the conclusion of a recent study titled, Optimove 2023 Report of Players’ Preferences in iGaming Marketing, conducted by the US marketing firm Optimove. The study was conducted using a survey…
The US Supreme Court issued a stay postponing the launch of regulated sports betting in Florida for five days. It's a small delay that's likely to blossom into a years-long court battle about the minutiae of Florida's gaming compact and the future of tribal gaming. At the heart of the case is a move by…
MGM Resorts are getting back to normal after a devastating cyber attack severely impacted operations at its properties across the United States. Company officials say that the companies hotels are "operating normally" - which is mostly true. Some key components of casino resort life, such as ATMs and digital door keys, are not actually back…
A new study from the University of Bristol on gambling advertising during Premiere League matches found that industry self-regulation is "completely failing." Researchers found that a full 92 percent of gaming ads were not in compliance with advertising regulations as most of them were not clearly identifiable as gambling advertisements. The research was conducted over…
Hackers caused major chaos in the US gaming world this week with successful attacks on both MGM Resorts and Caesars Entertainment. Caesars mitigated the damage by paying the hackers a $15 million ransom to leave their systems alone and go away, while MGM's systems have been down most of the week. Word of the Caesars…
Gaming regulators in Victoria are warning local sports clubs not to enter into deals with sports betting operators that pay out cash for every club member who signs up. The incentive deals, which are commonplace in other countries, are strictly forbidden in Victoria where anti-gambling forces hold great sway, and could cause real problems for…
The World Poker Tour (WPT) is offering a record $40 million guaranteed prize pool for this year's championship at the WPT World Championship at Wynn Las Vegas. This year's guaranteed prize pool eclipses the previous record of $15 million, which was set at last year's WPT World Championship. With so much in potential prize money…
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