Gambling Industry News by and for Gamblers

Argentina to Implement Federal Gambling Protections

The Chamber of Deputies in Argentina identified vital committees and stakeholders to develop a framework for federal gambling protections. Their goal is to prevent gambling harm and find solutions to problem gambling. The Argentine Chamber of Deputies has appointed...

How Gambling Companies are Tapping in Emerging Markets

The size of the online betting and gambling industry was $85.62 billion in 2023. Sportsbook software experts estimate it will increase to $133.59 billion by 2029. Countries like the United States, Canada, and the United Kingdom are the top markets with the highest...

Top African Countries with the Biggest Gambling Markets

The global gambling industry has an estimated value of over $500 billion and grows continuously due to technological advances. Online gambling operations helped land-based revenues, with the United States and the United Kingdom leading the way. In addition, top...

Codere Finalized Its Global Recapitalization, Reduced Debt by $1 Billion

Codere finalized its global recapitalization procedure and announced that it had reduced its debt from $1.52 to $207 million. In addition, the Spain-based operator aimed to change its capital structure. The company started in 1980 and pioneered retail sports betting...

Restrictions Imposed on Brazilian Gambling Industry Payments

The government announced plans to restrict Brazilian gambling industry payments as part of a broader effort to regulate the sector. However, lawmakers are still deciding on specific regulations. The Ministry of Finance scheduled discussions with legal sportsbook...

Experts Urged Korean Government to Set Up a Gambling Regulator to Oversee Integrated Resorts

Tourism experts are asking the South Korean government to create a gambling regulator to supervise the country’s integrated resorts. They say this would ensure the industry’s sustainable growth. Panelists at a recent Korea Times Global Business Club event...

POGO Ban in the Philippines, Not the End for Online Gaming Operators

President Ferdinand Marcos Jr. of the Philippines will soon issue an executive order banning Philippine Offshore Gaming Operators (POGOs). Although the decree has not yet been implemented, the gaming industry is uncertain how the POGO ban in the Philippines will...

Sports Betting and iGaming Save Pennsylvania Gambling Industry

Revenue from the Pennsylvania gambling industry in July reached $500.8 million. According to the Gaming Control Board, it was 7.2 percent higher than last year. Also, it was 6.1 percent higher than the revenue in June. Despite a 4.8% year-on-year decline to $204.3m,...

Proposed Osaka Integrated Resort Faces Another Setback

According to local media outlets, the Bureau International des Exposition is asking to postpone the construction of the proposed Osaka integrated resort for at least six months. The organization oversees the upcoming World Fair or Expo 2025. Still, this might have...

Kambi Group Appoints Werner Becher as the New CEO

Things are moving in the sports betting software industry as the Kambi Group Appoints Werner Becher as the New CEO. According to a Kambi Group PLC press release, Becher will start as the new Chief Executive Officer starting July 25, 2024. The date was chosen as it...

Keeping up with the latest gambling industry news is crucial for both seasoned gamblers and newcomers who want to stay ahead of the game. It is also super important to keep up with the latest casino openings, gambling law changes, and new partnerships.

Imagine knowing about new software development or partnership deals before anyone else. It could significantly impact your strategy and be more successful in the industry. This vibrant industry is constantly evolving, and staying informed through reliable gambling industry headlines ensures you’re not just playing the game but mastering it. So, keep your eyes open for the latest gambling reports. You can also use the information to become an online bookie.

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