The gaming industry is a major contributor to the US economy. This is the conclusion of a study by the American Gaming Association (AGA). According to the study, the gaming industry not only contributes significantly to the economy, but also creates countless jobs - especially in gaming metropolises such as Las Vegas.
Christian_1994
In Romania, a country in south-eastern Europe, the government is currently planning a significant increase in fees for online casinos. About two weeks ago, the Romanian Ministry of Finance presented a new catalogue of fees, which is quite a challenge. Will it still be economically viable for operators to operate successfully in the market, given the sharp rise in fees?
Christian_1994
The European Gaming and Betting Association (EGBA) is calling on Norway to end its online gambling monopoly. The main argument behind this demand is based on a problem that is only too well known in Germany: the black market is booming due to such a complete state right. In order to curb this development, a licensing system should be introduced - if the ECBA has its way. But there are other interests at play here.
Chris_W
Zurich police recently arrested the alleged head of a mafia-like organisation that ran illegal gambling operations in Switzerland. The boss is said to have earned several million Swiss francs a month from various sports betting and casino sites. According to press reports, his contacts went as far as the North Cypriot government.
Chris_W
The Durango Casino & Resort in Nevada is due to open on 20 November this year. However, officials are currently busy filling more than 1,200 vacancies at the property. As well as hotel, bar and casino staff, they are also looking to fill positions in marketing, human resources, IT and administration.
Christian_1994
The gross operating profit of Atlantic City's casinos has recently fallen by around 20%. In the second quarter of this year, the gaming venues generated total revenues of just under USD 800 million. While this represents a 1% increase in revenue, profits have fallen by around a fifth. But what are the reasons why Atlantic City's casinos made so much less money on balance?
Christian_1994
Almost three weeks ago, the legendary Mega Millions jackpot was won in the USA. A player from Florida won a record-breaking sum of over US$1.5 billion. But has the lucky player already cashed in his winning ticket and what numbers did he hit to win the billion dollar jackpot?
Christian_1994
According to the 2022 Annual Report of the National Indian Gaming Commission (NIGC), tribal casinos in the United States took in more than USD 40 billion last year. This is an increase of almost five per cent over the previous year. But what are tribal casinos, and what role do they play in the American gambling industry?
Christian_1994
The Brazilian government is planning to increase the tax on sports betting from 16% to 18%. This could result in a tax of €18 on every €100 wagered. Germany has also had a betting tax since 2012, but it is significantly lower. There is now much debate as to whether the increase in tax in Brazil could encourage illegal gambling.
Christian_1994
It's not uncommon for lottery winners to miss out on thousands or even millions of euros because they've lost their winning ticket or simply didn't think to follow the draw. On the other hand, it is much less common for a million-euro ticket to be stolen by lottery office staff, as was recently reported in Stern magazine. How did it happen?
Chris_W
Despite a clear violation of gambling laws, the Lithuanian gambling regulator has decided not to fine Betsafe. The reason given was that Betsafe had willingly cooperated in the investigation and that the offence was "insignificant". But what offence has the operator, which is part of the billion-dollar Betsson Group, been accused of?
Christian_1994
The National Football League (NFL) has suspended several players in recent weeks and months. The US professional football league has accused the players concerned of violating gambling rules. But some professionals say the league's rules are a bit of a double standard. Could this be true?
Christian_1994
In a recent press release, Österreichische Lotterien Gesellschaft m.b.H. announced plans for a major change in its business policy: The age limit for the sale of betting slip games and instant lotteries is to be raised with effect from Monday 10 July. The aim is to improve the protection of players and young people.
Chris_W
We have reported on the booming gambling market in Liechtenstein several times in the recent past. It is no secret that the increasing number of casinos in the country of 40,000 has had a positive effect on the country's financial situation. But is player protection being neglected in the face of millions in tax revenue?
Christian_1994
Gambling advertising has always been a sensitive issue in Germany. But even our neighbours in the Netherlands, after initially letting it slide, have recently been involved in heated discussions about it. In the course of a drastic escalation of advertising activities, they quickly put their money where their mouth is: gambling advertising is now almost completely banned.
Chris_W