Major Stakeholder Pulls Out as Australian Casino Operator Faces Mounting Challenges In a move highlighting growing concerns within the gaming sector, JPMorgan Chase has sold off its entire stake in Star Entertainment, Australia’s second-largest casino operator. The announcement, confirmed in a recent exchange filing, revealed that the investment banking giant had divested its 5.09% voting […]
Land Based Casino News
Denmark Ushers in New Era with Land-Based Bingo Licensing
A New Chapter Begins As of November 21st, 2024, Denmark has taken a significant step forward in its gaming sector by initiating the application process for land-based bingo licenses, scheduled to be effective from January 1st, 2025. This move by the Danish Gambling Authority (Spillemyndigheden) opens up a new regulated environment for bingo operators across […]
Thailand’s Path to Casino Legalization: A Milestone by 2025
Anticipated Legislative Progress As Thailand ventures into the arena of legal gambling, its government is proactively working to enact a bill that would establish integrated entertainment complexes by mid-2025. Prommin Lertsuridej, Secretary-General and a key government figure, expressed confidence in an interview with Inside Asian Gaming about the bill’s swift passage through Thailand’s legislative bodies […]
USA ELECTIONS UPDATE: Trump Wins and States Reshape the Gambling Landscape
With Donald Trump decisively winning the U.S. presidential election, the early hours brought a burst of excitement to many. Yet, his victory wasn’t the only major decision American voters made. Across the nation, citizens faced numerous high-stakes issues—from Senate and House races to pivotal questions about reproductive rights and, in several key states, decisions about […]
Finland’s New Gambling Legislation: A Balanced Approach to Re-regulation
Finland is making major strides towards opening its gambling market to private operators, a move expected to reshape the gaming landscape while preserving its protective frameworks. This updated legislation, recently submitted to the European Commission (EC) for approval, marks a significant step towards modernizing Finland’s gambling industry. Key Details of Finland’s Re-Regulation Plan On 1 […]
Pennsylvania Gaming Revenue Hits $505.9 Million in September 2024
The Pennsylvania Gaming Control Board (PGCB) recently announced that gaming revenue for September 2024 reached an impressive $505.9 million, marking a year-over-year growth of 6.17%. This increase was largely driven by significant gains in online gaming and sports betting. Let’s delve into the key details, highlighting which sectors performed the best and how brick-and-mortar casinos […]
South Africa Faces Potential Six-Month Hiatus in National Lottery Operations
Lottery Funding in Jeopardy South Africa might experience a significant disruption in its National Lottery operations, potentially lasting up to six months. This pause could severely impact numerous charitable and community groups, including old age homes, sports, and arts organisations, which rely heavily on lottery funding for their daily activities. Licensing Delays and Allegations of […]
Australian Prime Minister’s Lottery Claims Fuel Debate Over Gambling Harm Reform
The Australian government is facing increased scrutiny after Prime Minister Anthony Albanese made a surprising claim in parliament, linking 15% of gambling-related harm to lotteries. The remark, made during a response to Independent MP Zali Steggall’s question on gambling harm, has sparked confusion among experts and advocates who question the source of the statistic. Albanese’s […]
Denmark’s Gaming Sector Sees Mixed Fortunes Amid Market Growth and Crackdowns on Illegal Gambling
Online Casino Growth Drives Revenue Surge in August Denmark’s gross gaming revenue (GGR) for August 2024 reached DKK571m (£64.2m/€76.6m/$84.1m), marking a 4.3% increase from the same period last year, according to data from the Danish gambling regulator, Spillemyndigheden. This increase was largely driven by the substantial growth in the online casino sector, which posted a […]
New Mexico Tribal Gaming Coalition Receives Critical Updates from National Association
The Coalition of New Mexico Gaming Tribes recently convened at the Sandia Resort and Casino in Albuquerque for a membership meeting. The Indian Gaming Association (IGA) took this opportunity to brief member tribes on national legislative developments and organizational matters. Chairman’s Address Highlights Tribal Gaming Success Ernie Stevens, Jr., the IGA Chairman, delivered a keynote […]
