Events & Reports

Danish Gambling Authority Launches New AML Initiative

Danish Gambling Authority Launches New AML Initiative

by May 17, 2019

Spillemyndigheden launches a whistleblower scheme as a new weapon in its battle against the use of the gambling industry as a money laundering toolThe Danish Gambling Authority, Spillemyndigheden, announced on Thursday the official launch of a whistleblower program that aims ...

Swedish Regulator Fines Two Operators over Violations of Bonus Offer Rules

Swedish Regulator Fines Two Operators over Violations of Bonus Offer Rules

by May 17, 2019

Spelinspektionen slaps fines on two of its licensees for failures to follow bonus offers rules under Sweden’s new regulatory regimeThe Swedish gambling regulator has imposed fines on gambling operators Betway and Mandalorian Technologies for breaching the bonus offers restric ...

Sweden Rekindles Loot Boxes Debate, Explores Consumer Protection Measures

Sweden Rekindles Loot Boxes Debate, Explores Consumer Protection Measures

by May 16, 2019

US Senator Josh Hawley introduced recently a bill to ban loot boxes and pay-to-win microtransactions in games designed specifically for children under 18 as well as ones “whose developers knowingly allow minor players to engage in” to stir the pot once more.The loot boxes de ...

Inaugural Japan IR Expo Sees Casino Giants Flock to Osaka

Inaugural Japan IR Expo Sees Casino Giants Flock to Osaka

by May 15, 2019

The inaugural edition of the Japan IR Expo kicked off today at INTEX Osaka in Osaka, as the major Japanese city is looking to step up its efforts to host one of Japan’s first integrated resorts with dedicated casino gaming spaceThe event will run through Thursday, May 16, and ...

Latvia’s Gambling Machines Sector Enjoys Robust Growth

Latvia’s Gambling Machines Sector Enjoys Robust Growth

by May 14, 2019

Latvia’s gaming machines and online gambling sectors were the primary engines of growth during the first quarter of the yearLatvia’s online gambling market ballooned during the first quarter of the year and gambling machines remained the largest gambling sector in the country ...

Virginia Legislative Commission Names Consultant for Casino Expansion Review

Virginia Legislative Commission Names Consultant for Casino Expansion Review

by May 14, 2019

Virginia’s Joint Legislative Audit and Review Commission has selected the firm that will consult it its nationwide gambling reviewThe Virginia Joint Legislative Audit and Review Commission has identified the private consulting firm that will help it with its study of how casi ...

Gambling Companies Circumvent Rules to Lure Gamblers in New South Wales

Gambling Companies Circumvent Rules to Lure Gamblers in New South Wales

by May 12, 2019

Major gambling companies have been slapped with fines in New South Wales for breaching new advertising rules banning free bet sign up offersNew South Wales-facing online gambling operators have been exploiting a legal loophole to lure gamblers to register and gamble with them ...

Playtech Faces Shareholder Revolt on CEO’s Fat-Cat Pay

Playtech Faces Shareholder Revolt on CEO’s Fat-Cat Pay

by May 11, 2019

Gambling tech company Playtech is facing a shareholder revolt over the fat-cat pay of its boss, Mor Weizer, for a second straight year, the Financial Times reported FridayMr. Weizer has been serving as CEO of Playtech since 2007. The Financial Times reported that the executiv ...

Macau Health Bureau Licenses 546 Smoking Lounges at 31 Casinos

Macau Health Bureau Licenses 546 Smoking Lounges at 31 Casinos

by May 10, 2019

The Health Bureau of the special administrative region has licensed nearly 550 smoking lounges at 31 casinos since the beginning of the yearMacau’s Health Bureau – Serviços de Saúde (SS) – authorized 546 smoking lounges at 31 of the city’s casinos between January 1 and April ...

M&A Wave Could Be Ahead for the Global Casino Industry

M&A Wave Could Be Ahead for the Global Casino Industry

by May 8, 2019

Slowing organic growth could unleash a wave of merger and acquisition deals in the land-based casino field, a financial advisor believesAdam Dawes, a senior investment advisor at financial services firm Shaw and Partners has told CNBC that the global casino industry could see ...

BOS Reports Svenska Spel to Swedish Broadcasting Commission

BOS Reports Svenska Spel to Swedish Broadcasting Commission

by May 7, 2019

The Swedish online gambling trade association reported Svenska Spel to Broadcast watchdog over aggressive advertising in pre-financed TV programsThe Swedish Trade Association for Online Gambling, Branschföreningen för Onlinespel (BOS), has reported Svenska Spel to the Swedish ...

Ocean Casino Resort Improves Balance Sheet under New Owners

Ocean Casino Resort Improves Balance Sheet under New Owners

by May 6, 2019

Ocean Casino Resort finally scored a profit after tumultuous months of financial troubles, property officials sayOcean Casino Resort in Atlantic City will finally report a profit after months of losses following its opening in June 2018. The property is in the process of bein ...

MGM and Las Vegas Sands Strong Contenders for Osaka Casino License

MGM and Las Vegas Sands Strong Contenders for Osaka Casino License

by May 5, 2019

Morgan Stanley believes MGM and Las Vegas Sands have important competitive advantage in Osaka casino raceLas Vegas gaming and hospitality giants MGM Resorts International and Las Vegas Sands are the frontrunners in the race for a license for the development of an integrated r ...

Kenya Bans Social Media Gambling Advertising

Kenya Bans Social Media Gambling Advertising

by May 4, 2019

Kenya has moved to restrict certain forms of gambling advertising and to ban completely other types of gambling advertsKenyan lawmakers have embarked on another mission to crack down on gambling, which is a booming industry in the African nation. This time around, the target ...

Wynn Resorts Reverses Parking Policy, Returns to Free Self-Parking

Wynn Resorts Reverses Parking Policy, Returns to Free Self-Parking

by April 30, 2019

After the massive backlash unleashed by paid parking at Las Vegas resorts, Wynn Resorts seems to have embarked on a mission to put an end to the trend… sort ofIn a Monday statement, the hotel and casino giant said that it has decided to drop fees for self-parking. The company ...