Denmark’s commitment to responsible gambling has reached a new zenith as the self-exclusion program ROFUS registers its 50,000th user. This landmark figure underscores the country’s proactive stance on gambling addiction and the effectiveness of its preventive measures.
A Decade of Responsible Gambling
ROFUS, introduced in 2012, has been a cornerstone of Denmark’s responsible gambling framework. It…
In a bold legislative move, New Jersey State Senator John McKeon has proposed a significant tax hike for online gambling and sports betting operations within the state. The bill, known as Senate Bill 3064, aims to increase the tax rate to a substantial 30 percent, a notable jump from the current rates of 15 percent…
GlobiancePay, a fintech company founded in Europe, is making headlines with its innovative approach to integrating cryptocurrency remittances into the Philippine iGaming market. This strategic move aims to leverage the high digital adoption rate in the Philippines and provide a cost-effective solution for the large population of overseas Filipino workers.
Bridging the Gap with Blockchain
The…
In an unprecedented move, MGM Resorts International has initiated a legal challenge against the Federal Trade Commission (FTC), pushing back against an investigation into the company’s handling of a significant cybersecurity breach.
The Catalyst of the Lawsuit
MGM Resorts’ lawsuit stems from a cyberattack that compromised the company’s digital infrastructure. The incident, which occurred last year,…
As the gaming industry gears up for a week of earnings announcements, Bank of America has updated its casino earnings estimates, signaling a bullish outlook for the sector. This anticipation is set against a backdrop of economic recovery and increased consumer spending in entertainment and leisure activities.
A Positive Outlook Amidst Economic Recovery
Bank of America’s…
Nevada’s hotel industry is set to make a monumental contribution to the state’s economy with an estimated $8.1 billion in taxes for the year 2024. This projection places the Silver State’s hospitality sector among the top contributors in the nation, reflecting its vital role in the economic landscape.
A Surge in State Revenue
The forecasted tax…
March marked a milestone for Virginia’s casino industry, with Bristol and Portsmouth casinos hitting record revenues. As Danville’s casino approaches its one-year anniversary, the state’s bet on legalized gambling is paying off in spades.
Bristol’s Betting Bonanza
Bristol’s casino shattered its own revenue records in March, raking in an adjusted revenue of $16.3 million. This represents…
The casino industry is witnessing a revolution in design and technology, as showcased at the recent Indian Gaming Tradeshow. Architects and designers are pushing the boundaries to create gaming spaces that are not only visually stunning but also technologically advanced, enhancing the overall user experience.
The Evolution of Casino Aesthetics
Casinos have long been associated with…
In an industry often scrutinized for its impact on society, GambleAware has emerged as a beacon of hope. The organization’s recent data release showcases a transformative approach to supporting individuals affected by gambling harms. This groundbreaking move not only enhances transparency but also propels the gambling support sector towards more efficient and effective service delivery.
Innovating…
In the serene landscape of Denmark, a beacon of hope shines for those entangled in the web of gambling addiction. The Danish Gambling Helpline, known as StopSpillet, has become a pivotal point of support, receiving nearly 3,000 calls since its inception in 2019. This helpline is not just a crisis line but a preventative tool,…