Home > Legal & compliance > Legal > Australia publishes legislation to enact credit card gambling ban The Australian government has today (13 September) tabled long-awaited legislation to ban the use of credit cards for online gambling in the country. The Interactive Gambling Amendment (Credit and Other Measures) Bill 2023 seeks to ban credit cards…
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Home > Sports betting > Colorado sports betting handle dips below $300m in July Player spending on sports betting in Colorado amounted to $281.1m (£224.7m/€261.8m) in July, the first time the state’s handle fell below $300.0m since August 2022. Colorado’s betting handle was 8.9% higher than $258.4m in July 2022 but 9.5% behind $310.7m in June this year….
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Central Queensland University conducted a study of the impact of skill-based gambling machines (SGMs) on gambling behavior to help regulators determine the way to handle these products.The study included different demographics and gambling attitudes to find that people playing electronic gaming machines are more likely to be attracted to SGMs, with non-gamblers more attracted to…
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Home > People > People moves > Mary Turner departs Flutter boardroom position Gaming group Flutter Entertainment has announced the departure of Mary Turner from her role as non-executive director. Turner, who has been in post since May 2020, will depart her role at the end of September. In addition, Turner’s role as chair of…
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Home > Crypto gambling > FBI identifies Lazarus Group as responsible for Stake.com attack The US Federal Bureau of Investigation (FBI) has identified cybercrime organisation Lazarus Group as the party responsible for the attack on Stake.com earlier this week. Stake.com paused operations on 4 September after unauthorised transfers were made from a number of its hot wallets….
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Star Entertainment Group, an Australian-based gambling and entertainment company, revealed yearly earnings on August 29 as business continues to balance and profits grow in every segment, further helping the firm decrease its debts by a large amount. A slight improvement in profits helped a lot: The company disclosed a slight improvement in profits in every…
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XL Center in downtown Hartford, Connecticut, will be the home to a $5 million sports betting facility set to open on September 18. As reported, the long-awaited opening will be just in time for the major NFL event. Ribbon-Cutting Christopher Davis, a spokesman for the Connecticut Lottery Corp, reportedly said:“It’s the perfect night for it…
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The players all around the world are impatiently waiting for the beginning of the 2023 WPT World Championship. Great news for everyone is that the guaranteed prize pool in this year’s tournament is $40 million, followed by a thrilling festival schedule. The event will be held at Wynn Las Vegas. Meeting the high expectations: Last…
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Home > Legal & compliance > Regulation > Playtech report: 60% of Brazilians bet online in the last six months In a new report from Playtech, 60% of Brazilian respondents reported betting online within the last six months. The report, entitled Responsible Gambling: Consumer Insights and Trends in Latin America, acts as a supplement to…
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Home > Finance > BetMakers shares in freefall as earnings falter BetMakers saw its share price fall 15% after announcing negative adjusted EBITDA of AU$27.9m for the year. While revenue grew during the 12 months to 30 June 2023, the gambling technology group missed consensus earnings estimates. BetMakers’ earnings were impacted by an impairment of…
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