With the recent release of the Gambling Reform White Paper, the UK Gambling Commission (UKGC) is ready to hear (some) stakeholder feedback and begin implementing its own recommendations. It's a process that the Commission acknowledges will take considerable time and will be the number one policy priority moving forward. While there are plenty of questions…
Flutter Entertainment is seeing its revenue soar as a result FanDuel's incredible run through the red hot regulated US sports betting market. Q1 2023 revenue clocked in this week at an astonishing 54 percent ahead of Q1 2022, and things look to only get better as Americans trip over themselves to deposit their at FanDuel.…
The race to win one of New York State's coveted (and as yet, un-awarded) casino licenses heated up this week as officials from the Las Vegas Sands signed a 99-year lease deal for a proposed casino site at the Nassau Hub. Located in a high-income slice of Long Island, the deal is a big gamble…
After more than two years of delays, the British government has finally released its Gambling Act review and the Betting and Gaming Council (BGC) is reacting positively to its release. The BGC posted its response to the white paper, and its proposed reforms in a recent posting from BGC CEO Michael Dugher. Dugher's recations to…
After two years and four months worth of delays, the British Department for Digital, Culture, Media & Sport (DCMS) has finally released its white paper on gambling reform. Formally known as the Gambling Act review White Paper, the document outlines a variety of gambling reforms that range from affordability checks to slot machine limits. In…
After years of delay, the British government is finally releasing its white paper on proposed reforms to the country's gambling industry. While no one knows how big an impact the paper will actually have on UK-facing operators, the initial signs point towards modest changes to common business practices rather than very radical ones. British Culture…
Yahoo is acquiring the peer-to-peer (P2P) betting app Wagr for an undisclosed sum of money. The deal could make social betting accessible to Yahoo, and more specifically Yahoo Sports', massive audience. But Yahoo's track record with acquisitions of this sort suggests that adding sports betting to its product line-up may not necessarily be a slam…
The casinos of Atlantic City have survived plenty of challenges to their existence over the past 46 since New Jersey became the second US State to offer regulated gambling. Those challenges include hurricanes, economic downturns, and the massive incompetence of Donald Trump. While they've survived plenty, Hard Rock International Chairman Jim Allen is concerned tha…
F Five National Football League (NFL) players have been suspended for violating the League's gambling policies, including four players from the Detroit Lions. Jameson Williams, Quintez Cephus, Stanley Berryhill and C.J. Moore of the Lions, and Washington Commanders Shaka Toney of the Washington Commanders, all caught suspensions that range from six games to an indefinite…
The top US sports leagues have formed a new group called the Coalition for Responsible Sports Betting Advertising to help shore up responsible gambling efforts and self-regulated advertising practices. Membership in the group is voluntary, but it doesn't take a Goldman-Sacs analyst to tell you that this group is an attempt to self-regulate gambling advertising…
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