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Delaware Online Gambling Industry Soars to New Heights in 2021

Poker, Casino, Gambling, NewsFebruary 27, 202430Views 0Likes 0Comments

Delaware, the first state to ratify the US Constitution, has also been a pioneer in the online gambling industry. The state legalized online casino, lottery, and poker games in 2012, and has seen remarkable growth in revenue and player spending ever since. 2021 was a record-breaking year for the online gambling sector in Delaware, with…

Swedish online gambling industry opposes credit card ban proposal

Casino, Gambling, NewsFebruary 26, 202423Views 0Likes 0Comments

The Swedish government has proposed a ban on the use of credit cards for online gambling, following the examples of Norway and the UK. However, the Swedish Trade Association for Online Gambling (BOS) has expressed its opposition to the proposal, arguing that it would harm the licensed gambling market and the consumers. Government wants to prevent…

U.S. Gambling Industry Breaks Records in 2023 with $66.5 Billion Revenue

Casino, Gambling, NewsFebruary 21, 202427Views 0Likes 0Comments

The U.S. gambling industry had its best year ever in 2023, winning $66.5 billion from gamblers, according to the latest report from the American Gaming Association (AGA). This represents a 10% increase from the previous year, which was also a record-setting year. The industry’s strong performance was driven by the growth of sports betting, internet…

Alabama House Approves Gambling Expansion Bill

Casino, Gambling, NewsFebruary 21, 202423Views 0Likes 0Comments

The Alabama House of Representatives has passed a bill that would allow voters to decide on the legalization of various forms of gambling in the state, including casinos, sports betting, and a lottery. The bill, which was approved by a 70-32 vote on Thursday, now moves to the Senate for further consideration. What the bill proposes…

ANJ warns players about the risks of illegal gambling sites on Facebook

Gambling, NewsFebruary 5, 202422Views 0Likes 0Comments

The French gambling regulator, L’Autorité Nationale des Jeux (ANJ), has issued a warning to players about the dangers of illegal gambling sites that use the brands of licensed operators to advertise their services on Facebook. The ANJ said that these sites are not authorized to operate in France and pose multiple risks to players, such…

According to the Report Global Gaming Industry Goes Towards Modernization and Online Gambling

Gambling, NewsJanuary 25, 202417Views 0Likes 0Comments

The global gaming industry is undergoing a major transformation, as new technologies, platforms, and consumer preferences are reshaping the market. According to a recent report by PwC, the gaming sector is expected to grow from $184.4 billion in 2022 to $321 billion in 2026, with a compound annual growth rate of 14.7%. This growth will…

Michigan Shuts Down Unlicensed Online Gambling Sites

Gambling, NewsJanuary 22, 202423Views 0Likes 0Comments

The Michigan Gaming Control Board (MGCB) has taken action against three online gambling companies that were operating illegally in the state. The regulator issued cease-and-desist letters to the companies, which were based in the US and overseas, and ordered them to stop offering their games to Michigan residents. MGCB Enforces Online Gaming Laws The MGCB is…

Bet365 Rides Wave of Increased Gambling Revenue in 2022-23

Gambling, NewsJanuary 10, 202418Views 0Likes 0Comments

Bet365, one of the world’s leading online gambling operators, has reported a significant increase in its revenue and gaming and betting revenue for the 2022-23 financial year. The company posted a total revenue of £3.4 billion ($4.32 billion), up 19% from the previous year, despite posting a loss of £61.2 million ($77.6 million). The company attributed…

Young men face the highest risk of gambling harm in the USA

Gambling, NewsJanuary 2, 202429Views 0Likes 0Comments

A new study by the National Council on Problem Gambling (NCPG) reveals that young men are the most vulnerable group to develop gambling problems in the USA. The study, which surveyed over 28,000 adults across 44 states, found that 13.6% of men aged 18 to 24 met the criteria for problem gambling, compared to 2.3%…

Rank Group’s Director of Public Affairs Shares His Insights on the Future of Gambling in 2024

Gambling, NewsJanuary 2, 202419Views 0Likes 0Comments

The gambling industry is facing many challenges and opportunities in the year 2024, as the UK government is expected to review and reform the gambling laws and regulations. The Rank Group, one of the leading operators of land-based and online gambling in the UK, is preparing for the changes and adapting to the new market…