“`html French gambling regulator hits Unibet with record fine over self-exclusion breakdown The French gambling regulator, L’Autorité Nationale des Jeux (ANJ), has issued its largest fine since its establishment in 2020, penalising Kindred Group’s Unibet with a hefty €800,000 fine. This action follows a significant malfunction in Unibet’s self-exclusion system, which persisted for nearly two […]
“`html Malaysia’s New Gambling Debt Recovery Ruling Sparks Legal Concerns Among Experts The recent court ruling in Malaysia regarding gambling debt recovery has raised significant legal concerns among industry experts. This ruling may set a troubling precedent for the enforcement of debt collections in the gambling sector, prompting operators to reconsider their credit practices. Key […]
Veikkaus posts 7.3% sales decline in 2024, looks ahead to market liberalisation Summary Veikkaus, the Finnish gambling monopoly, reported a 7.3% decline in sales for 2024, falling to €956.2 million. This decrease is attributed to a series of factors including increased taxation and regulatory changes affecting their gaming products. Despite the slump, Veikkaus aims to […]
“`html CBRE: Macau satellite closures could provide unlikely boost to SJM’s Grand Lisboa Palace CBRE has highlighted that potential closures of Macau’s satellite casinos at the end of the year might unexpectedly benefit SJM Resorts’ Grand Lisboa Palace. With changes in gaming laws looming, the future viability of these satellite casinos remains uncertain, creating an […]
“`html Japan moves to block access to online casinos triggered by rising gambling concern Japan’s Ministry of Internal Affairs and Communications (MIC) is considering blocking access to online casino websites due to a significant increase in illegal online gambling. This move follows notable participation in online gambling by public figures, raising serious concerns among authorities […]
“`html Joint venture partner Belle Corp not planning to buy out Melco’s City of Dreams Manila stake Summary Belle Corp, a Philippine real estate firm, announced it has no intention to buy out its joint venture partner Melco Resorts & Entertainment’s stake in City of Dreams Manila. This declaration follows Melco’s recent exploration of “strategic […]
“`html Amended Thai casino bill looks to prohibit any form of remote or proxy gambling Summary Thailand’s amended casino law aims to ban any form of remote gaming, including online gambling and live-streaming betting. Provisions from the bill highlight the need to restrict access to ensure that only in-person participants can engage in gambling activities. […]
Former Mandalay Bay Security Chief Allowed to Work in Gaming Following Reversal of Suspension Summary The Nevada Gaming Commission has reversed the suspension on Sandy Seda, former security chief of Mandalay Bay Resort & Casino, reinstating his eligibility to work in the gaming industry. This decision comes after a hearing where Seda, who faced earlier […]
“`html Hong Kong Jockey Club hopeful basketball betting could be legalized by September: report Summary The Hong Kong Jockey Club (HKJC) is optimistic about the potential legalization of basketball betting in Hong Kong by September this year. This follows indications from the Financial Secretary of Hong Kong expressing readiness to explore new revenue sources to […]
State of the Union: College basketball black eyes, Brennan leaving Prime Sports, more Summary In the latest edition of iGB’s State of the Union, we explore significant developments in North American sports betting, including ongoing gambling investigations in college basketball, updates on legal sports betting in Oklahoma, and notable personnel changes in the industry. Key […]
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