Brazilian Sports Commission to vote on advertising regulations
The Brazilian Sports Commission (CEsp) is gearing up for a pivotal meeting on Wednesday, 21st May, where they will discuss advertising regulations for sports betting companies. The agenda features two crucial projects aimed at controlling how and when betting ads can be shared, reflecting a growing concern over gambling promotions. Key Points The CEsp will […]
Japanese Residents ‘Spend $44.2 Billion Per Year on Illegal Sports Betting Sites’
According to a recent report, Japanese residents are racking up a staggering $44.2 billion annually on illegal overseas sports betting sites. The statistic, brought to light by the Council for Sports Ecosystem Promotion, highlights a significant concern regarding unregulated gambling in Japan. Source: CasinoBeats Key Points Japanese residents spend $44.2 billion per year on illegal […]
Schuetz: Tell Me Again Why I Need To Describe My Scars And Tattoos To Get A Gaming License?
This article dives into the absurdities surrounding the Multi-Jurisdiction Personal History Form used in gaming licensing. Author Richard Schuetz questions the necessity of describing scars and tattoos as part of the application process, arguing that it’s outdated and irrelevant. He shares insights from his extensive experience in the gaming industry and suggests that this requirement […]
Judge says he’ll move quickly on Kalshi prediction market case
Summary A U.S. District Court judge has indicated he will expedite a ruling on whether the Nevada Resort Association (NRA) can join a lawsuit challenging a prediction market named Kalshi, which poses potential changes to the sports betting landscape in Nevada. Judge Andrew Gordon reviewed petitions and set timelines for legal briefs, highlighting the significant […]
Light & Wonder Closes Acquisition of Grover Gaming’s Charitable Gaming Assets
Summary Light & Wonder has officially completed its acquisition of Grover Gaming’s charitable gaming assets for $850 million in cash, a deal initially announced in February. This acquisition, which complements Light & Wonder’s existing portfolio, highlights the strong cultural alignment between the two companies. Key Points The acquisition reinforces Light & Wonder’s growth strategy in […]
Paraguayan Association of Gambling Operators comes out in support of new gaming decree
The Paraguayan Association of Gambling Operators (APOJA) has recently expressed its support for Decree No. 3846, marking a pivotal update to the country’s gambling laws after nearly 30 years of stagnation. This new regulation gives the 263 municipalities 30 days to comply with new licensing requirements and report their status to the General Directorate of […]
Lawmakers release package of laws aimed at protecting players in Brazil
A group of seven Brazilian lawmakers has unveiled a new legislative package aimed at implementing more stringent regulations on online sports betting. This initiative aims to safeguard the rights of vulnerable groups, particularly minors, and promote responsible gambling practices. Key Points A new legislative package seeks to restrict online sports betting in Brazil. Key provisions […]
Brazilian Sports Commission to vote on advertising regulations
The Brazilian Sports Commission (CEsp) is gearing up to vote on key advertising regulations concerning sports betting. Scheduled for Wednesday, May 21 at 10:30 AM, this meeting could reshape the landscape of advertising in sports betting. Among the proposals on the agenda, two are particularly noteworthy, addressing restrictions on advertising practices. Source: G3 Newswire Key […]
Japanese Residents ‘Spend $44.2 Billion Per Year on Illegal Sports Betting Sites’
An association comprising Japan’s major companies has revealed that Japanese residents spend a staggering $44.2 billion annually on illegal overseas sports betting sites. This report, based on a survey by the Council for Sports Ecosystem Promotion, indicates an urgent need for reform in Japan’s sports betting landscape. Key Points Japanese residents placed a total of […]
Wynn Withdraws From Hudson Yards NYC Casino Bid
Summary Wynn Resorts has decided not to pursue a licence for a casino in New York City, which reduces the expected Manhattan bids to three. The company’s significant $12 billion proposal for Hudson Yards faced persistent community opposition despite revisions to include more housing units. Wynn’s exit follows the recent withdrawal of another major player, […]
