In a proactive move to curb problem gambling among its youth, the Danish Gambling Authority has unveiled a targeted campaign to promote the ROFUS self-exclusion scheme. This initiative arrives amid growing concerns about gambling habits within younger demographics, particularly following revelations that a significant number of young Danish men engage in gambling activities. Understanding ROFUS: Denmark’s self-exclusion program: ROFUS serves as a crucial component of...
U.S. Representative Dina Titus of Nevada has once again introduced legislation to remove the federal excise tax on legal sports wagers, a measure she argues places an undue burden on legitimate gaming operators. The Discriminatory Gaming Tax Repeal Act of 2025, which Titus is co-sponsoring alongside Representative Guy Reschenthaler of Pennsylvania, seeks to abolish the 0.25% federal tax applied to...
Private equity firm Bain Capital has taken control of Inspire Entertainment Resort on Yeongjong Island, the largest integrated resort in South Korea. This follows financial difficulties faced by Mohegan Gaming & Entertainment (MGE), whose South Korean subsidiary defaulted on a substantial loan. Bain Capital confirmed on Monday for The Korean Economic Daily that it had obtained a controlling interest in...
In a significant policy shift, the Welsh government has declared its intention to outlaw greyhound racing, positioning itself as the first nation within the UK to enforce such a prohibition. This decision was made public by Deputy First Minister Huw Irranca-Davies during a session in the Senedd, citing extensive support across various political spectrums and the pressing need to enhance animal welfare standards....
Network Ten, an Australian television broadcaster, has recently come under scrutiny after it was discovered that gambling advertisements were improperly aired during the broadcast of the 2024 Australian Formula 1 Grand Prix. This incident, marked by four specific violations during the first practice round on March 22, 2024, has prompted an official response from the Australian Communications and Media Authority (ACMA). Regulatory oversight and broadcast lapses: The...
PlayStar, a prominent player in New Jersey’s online casino market, has taken a significant step to cement its position and foster expansion by establishing a new Advisory Board. This strategic move is designed to leverage the extensive experience of industry veterans to guide the company’s growth, particularly as it eyes opportunities beyond the Garden State. Strategic expansion and industry expertise: The newly...
In a surprising turn of events that has rippled through the poker community, Phil Hellmuth, a venerable figure in the world of poker, has declared his intention to skip the upcoming 2025 World Series of Poker (WSOP) Main Event. This decision was announced shortly after the WSOP unveiled its eagerly awaited schedule for the year. Hellmuth, known for his record 17 WSOP bracelets,...
Light & Wonder (L&W) has confirmed a definitive agreement to acquire the charitable gaming assets of Grover Gaming, marking a significant move into the charitable gaming market. The deal, valued at $850 million in upfront cash payments, also includes a potential four-year, revenue-based earn-out of up to $200 million. Subject to regulatory approvals and other customary conditions, the transaction is...
State Secretary for Legal Protection, Teun Struycken, has outlined a major overhaul of Dutch gambling regulations, emphasizing the protection of young adults and minors. The proposed changes, expected to be formalized by the end of 2025, include raising the minimum age for certain high-risk gambling activities to 21, tightening deposit limits, and increasing enforcement against illegal operators. Struycken has announced...
In an ambitious move to carve out a significant niche in the global gaming market, Thailand has introduced stringent entry criteria for local residents wishing to access its upcoming casinos. Under new draft regulations released by the Office of the Council of State, Thai nationals are required to hold at least 50 million baht ($1.5 million) in fixed deposits for a minimum of six months. Additionally, a...