Author: newsnet5

Finnish Authorities Target Social Media Gambling Promotions Finland’s National Police Board (NPB) has intensified efforts to curb the promotion of gambling by social media influencers. Recently, the authorities issued new bans and imposed significant fines on individuals who violate the country’s gambling regulations. Two Influencers Face Substantial Fines and Advertising Bans In May, two prominent […]

The Venetian Casino Reduces Staff Amid Economic Challenges The Venetian, a leading casino on the Las Vegas Strip and ranked among the top ten in the city, has recently announced the layoff of fewer than 50 employees. This move follows a continued decline in the resort’s profitability. This workforce reduction reflects broader economic difficulties on […]

Overview of 26 Capital’s Bankruptcy Jason Ader, a prominent Wall Street investor known for his involvement in the gaming industry, has placed his special purpose acquisition company (SPAC), 26 Capital Acquisition Corp, under Chapter 11 bankruptcy protection. This marks a significant setback for the company, which had initially sought to bring Okada Manila, one of […]

California Superior Court Rejects High 5’s Legal Motions The Superior Court of California recently dismissed several motions filed by High 5 Entertainment’s legal representatives. These included requests to dismiss the amended complaint, challenge the summons service, and compel arbitration or start arbitration proceedings. Details of the Lawsuit and Court Ruling The lawsuit centers on a […]

Prediction Markets: A New Frontier for Online Sports Betting Daniel Politzer, a JP Morgan analyst, suggests that prediction markets could offer a valuable alternative to traditional online sports betting (OSB), potentially opening up new avenues for growth in the industry. Opportunities for Online Sports Betting Operators in Prediction Markets Politzer describes exchange-traded wagers as an […]

Increased IRS Scrutiny on Illegal Sports Betting During Football Season As the popularity of legal sports betting continues to rise, the Criminal Investigation unit of the Internal Revenue Service (IRS-CI) is ramping up efforts to combat illegal sports gambling activities. This crackdown aligns with the start of the football season, a period that typically sees […]

Holland Casino Reports First Half Profit for 2025 As mid-2025 concludes, Holland Casino has announced a profit of EUR 14.2 million (approximately $16.6 million), marking a turnaround from the losses recorded in the same period last year. This improvement comes primarily from aggressive cost reductions, strategic organizational changes, and the sale of two casino locations, […]

Introduction to the ROGA and RGC Partnership The Responsible Online Gaming Association (ROGA) has announced a collaboration with the Responsible Gambling Council (RGC), aiming to enhance player safety within the online gaming industry. This partnership focuses on promoting responsible gambling practices among iGaming operators. Launch of a Responsible Gaming Certification Program ROGA, representing operators responsible […]

VIP Play Welcomes Industry Expert Robert Rippee as Interim CMO VIP Play, a rising force in mobile sports betting and interactive gaming, has announced the addition of Robert Rippee as its interim chief marketing officer. This move brings a seasoned professional with extensive experience in gaming and marketing to the company’s leadership team. Driving Marketing […]

Joseph Hillier Takes Leadership Role at iGaming Ontario iGaming Ontario, the regulatory body managing the online casino and sportsbook industry in Ontario, Canada, announced the appointment of Joseph Hillier as its new president and CEO. He is set to begin his role on Monday, September 8, at a time when the local iGaming sector is […]