UK Gambling Overhaul: How New Laws Are Reshaping the Industry
Government Imposes New Industry Regulations The UK government has officially implemented a statutory levy on gambling operators, effective April 6. This levy aims to raise £100 million annually for gambling harm prevention, with businesses contributing based on their revenue. Impact on Operators and Market Dynamics The levy, ranging from 0.1% to 1.1% of gross gambling […]
Lottomatica’s Record-Breaking 23% Growth: What It Means for the Industry
Impressive Financial Performance in FY2024 Lottomatica has reported a remarkable 23% revenue increase, reaching €2.0bn, with its online segment growing by an impressive 50%. This surge reflects the company’s strong strategic execution and market expansion. Online Gaming as a Key Growth Driver The company’s online segment contributed €780.2m, a significant 50% rise, while sports betting […]
Fanatics’ Bold Move: Intelitics Deal Set to Shake Up Sports Betting
A Game-Changing Partnership in Sports Betting Fanatics has taken a significant step forward in the competitive U.S. sports betting market by partnering with Intelitics, an advanced AI-driven mar-tech platform. This collaboration is set to enhance customer acquisition, engagement, and retention through a suite of innovative marketing tools. How Intelitics Elevates Fanatics’ Strategy By leveraging Intelitics’ […]
Record-Breaking Online Gambling Revenue: What’s Driving the Boom?
Record-Breaking Growth in Key States The online gaming industry experienced significant growth in January across Michigan, Pennsylvania, and New Jersey. Revenue increases in online casinos and poker platforms highlight the growing consumer shift toward digital gambling options. Pennsylvania and New Jersey’s Expanding Market Pennsylvania saw a 40.5% year-over-year increase in online casino revenue, totaling $210.2 […]
Florida Cracks Down on Online Gambling: What It Means for the Industry
Stricter Regulations on Online Gaming Florida legislators have introduced bills seeking to extend the state’s gambling prohibitions to include sweepstakes casinos, online sports betting, and internet casino gaming outside the Seminole Tribe’s jurisdiction. If passed, these laws would reinforce the tribe’s exclusive gaming rights and impose strict penalties on unlicensed operators. Legal Implications and Market […]
Massive Pushback Against New Jersey’s Controversial Gambling Tax Hike
The Controversial Tax Proposal New Jersey Governor Phil Murphy has proposed a significant tax hike on mobile sports betting and iGaming, aiming to nearly double the tax rate to 25%. This move has triggered strong opposition from lawmakers, operators, and casino representatives who argue that the increase could jeopardize industry growth and job creation. Political […]
MGM Resorts & BetMGM Unveil Groundbreaking Responsible Gaming Expansion
Strengthening Responsible Gaming Efforts MGM Resorts and BetMGM are taking proactive steps to expand their responsible gambling initiatives. Their commitment includes a substantial $180,000 donation to the Kindbridge Research Institute, which will aid in understanding the effects of sports betting and contribute to the development of responsible gaming strategies. Enhanced Player Protection Measures To reinforce […]
Could NASCAR’s Betting Shake-Up Revitalize Horse Racing?
A New Spin on Betting in Motorsports NASCAR is shaking up the betting landscape by exploring pari-mutuel wagering through a collaboration with 1/ST TECHNOLOGY, a division of the Stronach Group. This approach, which has been a mainstay in horse racing, could introduce a fresh betting model to motorsports and create crossover interest between the two […]
Google’s New Ad Policy: The Impact on Social and Sweepstakes Casinos
By Manoj Trivedi – Co-Founder, Tecpinion Google’s evolving stance on gambling-related advertising has once again sent ripples through the gaming industry, with a particular impact on social and sweepstakes casinos. The tech giant recently announced a significant update to its gambling advertising policy, set to take effect on April 14, 2025. The update places tighter restrictions […]
3 Deepfake Fraud Tactics to be Aware of in iGaming
By Delaney Gembis The online gaming and gambling industry has seen massive growth in the past few years,achieving record highs in 2023. However, deepfake technology has also been evolving significantly and poses a threat to the integrity of these platforms, as malicious actors can use deepfakes to commit fraud against platforms and compromise the security of player accounts. To defend against these threats, biometric authentication technology can be applied in […]