Gambling

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…

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…

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, 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…

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%…

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…