Captivating Breakthrough: Codere’s Unprecedented Legal Feat In a groundbreaking development, the renowned gambling conglomerate Codere stands on the cusp of a major legal victory. This triumph could liberate them from a staggering $70 million tax obligation, a burden lingering for over a decade. As the Mexican Supreme Court leans towards favoring Codere, the financial and […]
1xBet: A Premier Participant in ICE London and iGB Affiliate Betting Exhibitions Joining forces with the global gambling community, 1xBet is gearing up to participate in two prestigious events, ICE London and iGB Affiliate, set to unfold from February 6 to 9 in the vibrant city of London. These exhibitions serve as a testament to […]
Assessing Igaming’s Economic Influence: New Jersey’s Pivotal Study New Jersey’s Igaming: A Mixed Economic Bag The National Economic Research Associates (NERA) has released a thought-provoking study on New Jersey’s igaming sector, revealing a nuanced economic impact. Despite significant tax contributions, the igaming industry emerges as “detrimental” to the state’s economy, especially when weighed against the […]
BGC Announces Leadership Transition: Michael Dugher to Become Chairman The Betting and Gaming Council (BGC), a pivotal body in the gambling sector, is navigating a significant leadership transition. Current CEO Michael Dugher is set to ascend to the role of chairman, succeeding Brigid Simmonds OBE, who will step down on April 20, 2024. Hunting for […]
Maryland’s Record-Breaking Sports Betting Performance in December Maryland‘s sports betting market hit a new high in December, setting a record for the second month in a row. The state saw an impressive total of $559.9 million wagered, surpassing previous records and indicating a robust growth in the betting industry. Unprecedented Growth in Betting Volume December’s […]
Exploring the Crypto Landscape in Gambling Ahead of ICE 2024 As we approach ICE 2024, the gambling industry braces for new insights and discussions about the role of cryptocurrency. The recent years have seen a notable increase in the adoption of crypto, highlighting both its potential and challenges within the gambling sector. The Dual Nature […]
Danish Gambling Authority Calls for Collaborative Effort Against Money Laundering The Danish Gambling Authority is actively seeking input from the gambling industry to enhance the effectiveness of GoAML, a platform designed to combat money laundering and terrorist financing. This initiative marks a pivotal step towards reinforcing regulatory compliance and ensuring the integrity of Denmark’s gambling […]
The UK Gambling Commission has initiated a new series of consultations, delving into crucial aspects of gambling regulation in line with the UK government’s proposed reforms. This 13-week consultation seeks to refine the processes surrounding financial penalties and key event reporting in the gambling sector. The UK Gambling Commission embarks on vital consultations! Stakeholders are […]
Entain, the renowned gambling group behind brands like Ladbrokes and Coral, has embarked on a significant boardroom reshuffle following last week’s departure of CEO Jette Nygaard-Andersen. This strategic move signals a new chapter for the company as it navigates through a period of transition and seeks to maintain its strong position in the gambling industry. […]
The Provincial Institute of Lotteries and Casinos of Buenos Aires (IPLyC) is at a crossroads, seeking a new leader following the resignation of its president, Omar Galdurralde. This search for leadership comes amidst a politically charged atmosphere in Argentina’s most populous province, where gambling regulation and political links are under scrutiny. A crucial leadership vacancy […]