Author: Staff Writer

Starting late January, approximately 70% of the 1,800 Tabcorp Electronic Betting Terminals (EBTs) in Victoria will undergo a significant change, accepting only vouchers as payment. This new regulation applies to all EBTs, with exceptions granted to those positioned within five meters and in the line of sight of the betting counter. To use these cashless machines, players will be required to purchase vouchers at the counter and undergo identity checks to verify they are of legal gambling age. Additionally, Tabcorp has been directed to implement an independent “mystery shopper” program to ensure that venues are diligently checking IDs. Failure to…

French tennis player Mitjana has been slapped with an 11-time breach of the ITIA Tennis Anti-Corruption Programme (TACP), resulting in a ban from the sport until December 2033. Mitjana, who achieved a career-high world singles ranking of 458 in 2018, vehemently denied all allegations. These charges stem from match-fixing incidents occurring in 2017 and 2018. The violations that led to Mitjana’s suspension include contraventions of sections D.1.b, D.1.d, D.1.e, and D.2.a.i of the TACP. These infractions involve activities such as facilitating wagering, manipulating match outcomes, influencing fellow players not to give their best efforts, and failing to report corrupt approaches.…

A recent study conducted by the National Economic Research Associates (NERA) sheds light on the impact of online gaming in New Jersey, a sector that has been legally operational since 2013. The research, commissioned by the Campaign for Fairer Gambling (CFG), highlights both positive and negative aspects of the igaming industry in the state, especially in the wake of the 2018 repeal of the Professional and Amateur Sports Protection Act (PASPA), which legalized sports betting. NERA’s research reveals that the igaming industry’s financial contribution to the New Jersey economy is “net negative.” While the sector has experienced exponential revenue growth…

Ekstra Bladet is poised to acquire Swush.com, pending approval at the Danske Spil general meeting, with the transaction set to close on January 31st. The purchase price for this acquisition remains undisclosed as per the agreement between Danske Spil and Ekstra Bladet. Swush.com, known for offering fantasy sports services in Denmark, is also the parent company of Holdet.dk, a prominent sports management games provider. The co-founders of Swush.com, Jesper Carstensen and Ole Christensen, will retain a 40% stake in the business, while Danske Spil will maintain a 60% ownership share. Following the acquisition, Holdet.dk will continue to operate independently under…

Curaçao is poised to make significant changes in the regulation of gambling with the introduction of the National Ordinance for Games of Chance (LOK). This legislation, submitted for approval in December, represents a major overhaul of the existing regulatory framework, known as the National Ordinance on Offshore Games of Hazard (NOOGH). In an announcement made on January 11th, Minister Silvania acknowledged that the introduction of LOK would inevitably spark extensive debate. However, he emphasized the need to combat misinformation and confusion surrounding the legislative process. Silvania cautioned against the propagation of unverified rumors and urged stakeholders to rely on information…

Senate Bill S8185, introduced on January 11th, has been referred to the New York Senate racing, gaming, and wagering committee, marking another attempt by Senator Addabbo to legalize online casinos in the state. His previous endeavor in early 2023 with S4856 shared a similar objective but failed to gain approval. The bill outlines several key provisions, primarily focusing on eligibility for licenses. Eligible parties include New York’s existing land-based casinos, consisting of four upstate casinos and three downstate facilities currently under development. Additionally, three racetracks and three New York tribes, namely the St. Regis Mohawk Tribe, Seneca Nation of Indians,…

With immediate effect, Parkinson has assumed the role at Allwyn, a significant change after spending 16 years at Bauer, a prominent UK-facing media group known for its numerous radio stations and magazines. Throughout his tenure at Bauer, Parkinson held various senior positions, culminating in his role as Chief Strategic Partnerships and Events Officer. He also served as Group Managing Director for national brands. Before joining Bauer, Parkinson had a rich career history, with stints at Emap Radio, Chrysalis Music Group, and Metro Radio. In a LinkedIn post, Parkinson expressed his gratitude for his time at Bauer, stating, “I’ve had a…

Raketech has announced the departure of CEO Oskar Mühlbach, citing differences in strategic direction as the reason for his exit. Mühlbach had been at the helm since December 2019, following a stint as the company’s Chief Operating Officer. Prior to joining Raketech, he held leadership positions at Mr Green, where he served as COO and Chief Ventures Officer, as well as at Swedish shoe retailer Footway AB and Nordic online beauty store Eleven AB. To fill the leadership vacuum left by Mühlbach’s departure, co-founder and Chief Commercial Officer Johan Svensson will take on the role of acting CEO. He will…

Genting Empire Resorts has taken a significant step towards bolstering its financial position through a Series M subscription agreement, paving the way for substantial growth and development in the New York gaming market. Under this agreement, Genting Empire Resorts has committed to subscribing for up to $100 million worth of Series M preferred stock of Empire Resorts, a move that promises to inject new life into the company’s ventures. The funds secured from this subscription will serve multiple purposes, including the repayment of an existing bank facility, which amounts to approximately $58 million. This strategic funding will also serve as…

The Flemish government is partnering with VAD, an organization that represents over 70 substance and addiction groups, to advocate for an increase in the minimum gambling age. In a memorandum released this week, VAD outlines its priorities for policies concerning various addictive substances and behaviors, including alcohol, psychoactive medications, video games, and illegal drugs. The memorandum addresses both gambling and alcohol and calls for three cost-effective legislative measures to restrict access: price increases, advertising bans, and limiting availability. VAD recommends raising the minimum age for gambling to 21 and for purchasing alcohol to 18 as part of these measures. As…