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Category Archives: Online Gambling
Michigan Online Gambling Numbers Rise: Does The State Have A Problem? – Play Michigan
Posted: September 27, 2021 at 5:52 pm
(Editors note: You can reach the Michigan Problem Gambling Hotline at 1-800-270-7117.)
After a record August for Michigan online casino revenue and the return of football this month, who knows what kinds of numbers were in for this September?
Nine figures of internet gaming revenue? A record $400 million of football bets online in a single month? How about $500 million?
Thats all on the table here in Michigan, as we write this, in late September.
Those are good numbers for the balance sheets of casino companies and the tax coffers for state, local and tribal governments.
But as weve covered here at PlayMichigan, there is an obvious downside with more access to gambling. That means lots of Michiganders losing millions of expendable money, and others who may be crossing a line into problem gambling territory.
Heres a snapshot of where were at, as Responsible Gaming Education Week wraps.
Along with the launch of online gambling in January, the Michigan Gaming Control Board developed the Responsible Gambling Database, as dictated by the new laws.
A spokesperson for the MGCB said the agency has received 47 applications for the Responsible Gambling Database. (Note: Applications are available here.)
In addition, individual operators have self-exclusion programs on top of the states effort, though the MGCB did not have data on those.
The new database is in addition to the Disassociated Persons List for exclusion from the Detroit casinos, which had existed since 2001.
Through Sept. 1, 4,913 applications for the DPL have been processed in more than 20 years. In 2020, 67 applications were processed in a year the Detroit casinos were mostly closed. So far in 2021, 83 applications had been processed.
In addition, legislators added a new law in October of last year allowing residents on the DPL to apply to come off the list after five years.
Since that time, 661 residents have been taken off the DPL, including 546 this year.
Responsible gambling advocates endorse the law. They say that the removal process makes going on the list less of a deterrent at the outset than a lifetime ban.
Awareness is one of the key issues with problem gambling.
Michiganders can recognize problematic signs with their own habits or, perhaps even more importantly, find signs of destructive behavior in others.
To that end, new MGCB executive director Henry Williams told PlayMichigan over the summer that the agency will develop informational literature that will be distributed to Michiganders about responsible gambling signs and resources.
The MGCB spokesperson said Friday that the literature is going through final review before publication.
An uncharted frontier in the marketing of sports betting in Michigan is through college athletics programs.
A school such as Michigan or Michigan State could add an athletics revenue stream by partnering with a sports gambling company, such as how Colorado first did with PointsBetlast year.
However, even more exposure for gambling companies and the negative connotation could be a bridge too far for some universities to swallow.
Last week, Louisiana State University teamed up with Caesars for sponsorships, naming rights and other branding placements.
A money grab like that would be disappointing for some, and perhaps a step in the wrong direction.
But with more universities inevitably partnering with more gambling companies, perhaps a Michigan school could build in a research and assistance component to the sector, funded by the company, to help the fight against the industrys pitfalls.
Louisiana is also the site for a lauded program Michigan could copy to fight problem gambling.
Michael Burke, executive director of the Michigan Association on Problem Gambling, has advocated for an inpatient gambling disorder treatment facility. Burke points to the Center of Recovery (CORE) in Shreveport, Louisiana, for what could be a model for other states to follow.
Of course, funding is the issue there. Burke has said he used to advocate for public funding through the tax revenue gained, but has since shifted his focus on hopes for an operator to fund such a program as part of a PR move.
Then again, admitting there is a problem is a form of self-sabotage for a company, too. It would be quite a step, and a commendable one at that, for a company to take.
The Michigan gambling market has brought a lot of new money into the industry, and companies are certainly living up to their end of the bargain by paying their tax obligations.
But other than tax money and a new form of entertainment for residents, what has the industry delivered on a local level?
Other states are getting more: PointsBet created jobs by setting up US headquarters in Colorado. and FanDuel is bringing a technology hub (and 900 jobs) to Georgia, for instance. None of the companies has sought Michigan as a hub for, anything, really. Casinos had added sportsbook writers to physical locations, and the Evolution live dealer studios added jobs to Southfield. But nothing has arrived on a large scale.
Perhaps responsible gambling could be an avenue to deliver something big here, whether a research-based search for solutions or an inpatient treatment clinic for rehabilitation.
Michigan also has a big governors race coming in 2022, and well see if candidates bring the online gambling boom either its benefits and pitfalls to the forefront of the campaign.
Heck, maybe a PlayMichigan reader has a good idea for things that could come here to bring positive ends for Michiganders. Contact us if you have any ideas.
Because, along with some unquestionable good, we also know a lot of bad has come with the territory.
(You can reach the Michigan Problem Gambling Hotline at 1-800-270-7117.)
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Michigan Online Gambling Numbers Rise: Does The State Have A Problem? - Play Michigan
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Why is online gambling growing in popularity? – Floridanewstimes.com
Posted: at 5:52 pm
Why is gambling so popular nowadays? Why do new casinos not on gamstop 2021 receive more and more people, but their popularity does not cease to grow exponentially? This question is often raised by relatives and friends of gamers because they do not understand why gamblers choose to spend their leisure time with spectacular slots, a family vacation, or other entertainment. The same gamblers themselves usually can not even explain why they continue to play, in spite of the misunderstandings or troubles in life. Such entertainment serves as a way of escaping from real life and self-effacement from stressful situations or problematic issues.
The name of the dice game in Arabic Zar gave the name to all art games. Dice is one of the oldest games in the world and was entertained by our ancestors in ancient times. Dice with dots were found during the excavations of the Egyptian pyramids, referring to the year 2000 BC. A similar version of the game was also known in the era of the Roman rulers. Many people spent their leisure time playing dice with their servants. Contemporaries noted no small pathological addiction to gambling in the emperor Caligula.
In the Middle Ages, many people willingly played thimbles, which were imported from India. Although this type of game was popular even during the dominance of ancient Greece. Playing cards came to Europe from the east of Asia. The Japanese and Chinese used bamboo and wooden boards with different images to play cards.
After a while, gradually began to appear all kinds of versions of card games, which entertained the frequenters of brothels and gambling establishments, as well as the nobility and the nobles at receptions or receptions in the palaces. During the reign of the tsarist dynasties of Russia in demand remained: point, ninth shaft, Napoleon, Boer, and other versions of card games. Since the middle of the 19th century in great demand in the casinos have become various types of roulette, she dubbed the king of casino games.
Ancient poker is more than five hundred years old. Its new rules were finally formed in the early 19th century. Such a card game successfully differs from the others, in her victory is significantly dependent on the knowledge of the player, rather than on Fortune.
Fans of gambling entertainment fell in love with poker for:
Gamers choose wg casino UK and gambling in particular because they are able to carry out their personal fantasy, solve difficulties and meet their wishes. They are attracted to:
Citizens earn and lose huge capital every day, investing them in all kinds of projects and businesses. Gambling entertainment is just one of the spheres of life associated with risk, where there is an opportunity to win and lose money.
Many people also choose this type of entertainment because they get a significant boost of happiness hormones mixed with adrenaline, and this, in turn, perfectly relaxes and relieves the psyche, refreshes, and improves the mood. That is, it turns out that the player has a rest, playing these games, and also gets an opportunity to supplement their own budget. What could be better?
The world of gambling is a vast line of possibilities and a lot of fun, and its not surprising why these kinds of entertainment are so popular today. Such a niche allows a person to rest, relax and truly feel the taste of life, it is a great opportunity to make new acquaintances and even finds a confident and stable future.
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Why is online gambling growing in popularity? - Floridanewstimes.com
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Kentucky to receive $300 Million from online gambling lawsuit – Fox 56
Posted: September 24, 2021 at 10:44 am
FRANKFORT, KY (WOWK) Flutter Entertainment, the Parent company of PokerStars, has agreed to pay Kentucky $300 million to settle a lawsuit brought against the internet gambling site in 2011.
Kentucky Governor Andy Beshear says J. Michael Brown, the Secretary of the Justice and Public Safety Cabinet in 2008, brought actions on behalf of Kentucky in Franklin Circuit Court to stop the unregulated, untaxed and illegal offshore gambling operations running in Kentucky.
PokerStars collected almost $300 million in actual cash losses from thousands of Kentuckians who played on PokerStars websites from 2007 to 2011.
Under Kentucky law, the state brought an action against PokerStars seeking recovery of the nearly $300 million lost by its citizens and trebled as required by Kentucky law damages.
Last year, the Supreme Court of Kentucky affirmed that judgment, which was rendered in December 2015.
Flutter Entertainment and its subsidiary, PokerStars, are located in the Isle of Man, United Kingdom. PokerStars claimed that the English Protection of Trading Interests Act of 1980 could have prevented the commonwealth from collecting the damages upheld by the Supreme Court of Kentucky.
The $300 million settlement amount is nearly $10 million above the actual damages awarded by the courts, which was $290,230,077.94.
In April 2021, the Franklin Circuit Court ordered a bond of $100 million to be paid. The bond payment was received in May, and an additional $200 million was added to it.
Kentucky law says the proceeds from the settlement will go to the General Fund.
After 10 long years, the commonwealth has not only prevailed, but collected dollars that the General Assembly will be able to direct to critical areas, like education, health care and economic development.
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Kentucky to receive $300 Million from online gambling lawsuit - Fox 56
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Gambling Regulations in the World – Pennsylvanianewstoday.com
Posted: at 10:44 am
Gambling, while being a famous pastime for many, is quite a controversial topic across different countries. Despite its existence since time immemorial, several nations have often restricted or flourished freedoms to gambling shops and gamblers. It depends most often on the period, to be exact.
Gambling is, as we all know, a game of chance and luck. Using dice, tokens, or numbers, a wager is placed on the outcome on the throw or shuffle of dice, tokens, or number cards. Whoever gets the winning number, permutations, or combinations right, gets the money that everyone else wagered on the outcome.Thousands of people play slots at Winner55 casino.
Once considered a simple game to idle away time, it has become a coveted method to get rich quickly. What this has led to is a larger conversation regarding the ethics of gambling and when too much gambling becomes a problem. Where do governments and legal authorities draw the line?
This article discusses some of these regulations and rules concerning gambling, and its newer cousin, online gambling.
Internet gambling has taken off over the last ten years, and during the pandemic, has been raking in profits related to the billions. What this has done is renew conversations with regards to its regulations, rules, and how effective these are. The boom of the internet in the 21st century drove up the market, and it seems to be no stopping it. Internet gambling is a rather grey area for online gambling rules, as it has no physical body of representation.
Online gambling is a lucrative market, and it has enormous potential. With such large money flowing through every day in the form of wins and losses, it can attract all kinds of people- those who want to have fun, those who want to earn some quick money, and fraudsters looking to cheat some money out of peoples pockets.
Several countries like North America, Canada, the UK, and throughout the European Union have attempted to introduce federal laws to regulate gambling. Asian casinos cant work with most of the Asian players. The laws are mainly to control dubious transactions in the name of gambling and seeks to prevent unscrupulous deals and bets from being made. Each state or member country has the authority to create its laws concerning online gambling. Only companies and websites that have the proper license from the respective authorities can operate in these countries and states.
In most countries, online gambling laws are murky at best, completely absent at worst. This has led to a rise in legislative attempts to rein in the online gambling market. Some states in the US have legalized online gambling, yet others are grappling with the extent of control and relinquishing they can give. Canada has no clear legislation on its part but doesnt mark online gambling as illegal.
Licensing requirements entirely depend on the country of origin of the online gambling site. When choosing to base operations, websites should choose countries where it is legal to gamble online. Conducting a thorough research of the gambling jurisdictions is a good idea, as each country or state has different provisions in the laws that are framed regarding online gambling. Having proper documentation and an idea of the taxation procedures will speed up the process considerably.
Online gambling is a touchy subject for most countries, as it is easier to regulate stores that have a physical presence. While regulations are present in some, more nations will need to jump-start their legislative processes, and it is quite a big market out there.
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Gambling Regulations in the World - Pennsylvanianewstoday.com
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Global Casinos Markets 2021-2026 – Use of Advanced Analytical Technologies / Development of AR and VR Based Casino Games / Increase in Tourism…
Posted: at 10:43 am
Dublin, Sept. 24, 2021 (GLOBE NEWSWIRE) -- The "Global Casinos Market (2021-2026) by Casino Type, Gaming Type, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.
The Global Casinos Market is estimated to be USD 134.9 Bn in 2021 and is expected to reach USD 159.8 Bn by 2026, growing at a CAGR of 3.45%.
Market Dynamics
The factors such as rising demand for gaming and increasing social acceptance for casinos, change in the standard of living, and rapid growth in technology are increasing the casinos market. Furthermore, with the launch of VR hardware, the general public was instantly attracted to VR gambling games.
In addition, technological advancements such as AI, ML, Blockchain technology are expected to bring an opportunity for future growth of the market by providing an additional layer of security and features to existing casinos.
However, government regulations in certain nations restrict the establishment of casinos which is majorly hindering the market growth. In addition, the long process for authorization of licenses for online gaming sites has further hamper global casino market growth.
Market Segmentation
The Global Casinos Market is segmented further based on Casino Type, Gaming Type, and Geography.
By Casino Type, the market is classified into offline casino gaming and online casino gaming. Amongst all, the offline casino gaming segment is estimated to hold the highest market share during the forecast period.
By Gaming Type, the market is classified as lottery, poker, blackjack, slot machines, roulettes, craps, bingo, and others. Amongst all, the lottery segment is estimated to hold the highest market share during the forecast period.
By Geography, North America is projected to lead the market.
Recent Developments
1. Operator 888 has acquired a portfolio of Jet's digital bingo brands to strengthen its position within the UK online bingo market - 19th February 2019
2. Evolution partners with the Canadian Bank Note Company, Limited (CBN) to deliver online Live Casino services as part of a major enhancement program to national lotteries run or supported by CBN worldwide - 16th March 2021
Company Profiles
Story continues
Some of the companies covered in this report are Addison Global Limited, Belle Corporation, Bet365 Group Ltd, Betsson AB, etc.
Key Topics Covered:
1 Report Description
2 Research Methodology
3 Executive Summary3.1 Introduction3.2 Market Size and Segmentation3.3 Market Outlook
4 Market Influencers4.1 Drivers4.1.1 Growing Disposable Income Across Developing Nations 4.1.2 The Growing Popularity Of Mobile Gaming 4.2 Restraints4.2.1 Unfavorable Regulatory Guidelines for Gambling 4.2.2 Threat of Cyberattacks on Online Casinos 4.3 Opportunities 4.3.1 Use of Advanced Analytical Technologies4.3.2 Increase in Tourism Industry in Emerging Countries4.3.3 Development of Augmented Reality (AR) and Virtual Reality (VR) Based Casino Games 4.4 Challenges4.4.1 Lack of Skilled IT Professionals
5 Market Analysis5.1 Regulatory Scenario5.2 Porter's Five Forces Analysis5.3 Impact of COVID-195.4 Ansoff Matrix Analysis
6 Global Casinos Market, By Casino Type 6.1 Introduction6.2 Offline Casino Gaming 6.3 Online Casino Gaming
7 Global Casinos Market, By Gaming Type7.1 Introduction7.2 Lottery 7.3 Poker 7.4 Blackjack 7.5 Slot Machines7.6 Roulettes7.7 Craps 7.8 Bingo 7.9 Others
8 Global Casinos Market, By Geography8.1 Introduction8.2 North America8.2.1 US8.2.2 Canada8.2.3 Mexico8.3 South America8.3.1 Brazil8.3.2 Argentina8.3.3 Chile8.3.4 Colombia8.4 Europe8.4.1 UK8.4.2 France8.4.3 Germany8.4.4 Italy8.4.5 Spain8.4.6 Netherlands8.4.7 Sweden8.4.8 Russia8.4.9 Rest of Europe8.5 Asia-Pacific8.5.1 China8.5.2 Japan8.5.3 India8.5.4 Indonesia8.5.5 Malaysia8.5.6 South Korea8.5.7 Australia8.5.8 Sri Lanka8.5.9 Thailand8.5.10 Rest of APAC8.6 Middle-East and Africa8.6.1 Qatar8.6.2 Saudi Arabia8.6.3 South Africa8.6.4 United Arab Emirates
9 Competitive Landscape9.1 Competitive Quadrant9.2 Market Share Analysis9.3 Strategic Initiatives9.3.1 M&A and Investments9.3.2 Partnerships and Collaborations9.3.3 Product Developments and Improvements
10 Company Profiles
Addison Global Limited
Belle Corporation
Bet365 Group Ltd.
Betsoft
Betsson AB
Boyd Gaming Corporation
Caesars Entertainment
Chetu Inc.
Creatiosoft
Elaunch Solution Pvt. Ltd
Evolution Gaming Group AB
Flutter Entertainment PLC
Galaxy Entertainment Group
Intertain Group Limited
Kindred Group PLC
Ladbrokes Coral
LeoVegas AB
MGM Resorts International
Microgaming
Paddy Power Betfair PLC
Playson
Scientific Games Corporation
SJM Holdings Limited
The 888 Group
City of Dreams Manila
Delaware Park Racetrack & Slots
Dover Downs Hotel & Casino
Eldorado Resort Casino
Foxwoods Resort Casino
Golden Nugget Atlantic City
Harrington Raceway & Casino
Las Vegas Sands
Palms Casino Resort
Penn National Gaming, Inc
Resorts World Manila
William Hill PLC
Wynn Resorts Limited
For more information about this report visit https://www.researchandmarkets.com/r/b26f7e
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Better Collective acquires Soccernews.nl and Voetbalwedden.net – GlobeNewswire
Posted: at 10:43 am
Regulatory release 31/2021September 24, 2021
The acquisitions
Global sports betting media group, Better Collective, today announces that it has acquired Soccernews.nl, one of the most visited Dutch online sports media, and Voetbalwedden.net, a well-established Dutch online sports betting community, in separate transactions for total upfront payments of 5.9 mEUR, with maximum deferred and earnout payments of 3.75mEUR.
The two acquisitions form a strategic move that will establish Better Collective with a leading position in the Dutch online sports betting market. It is expected that revenue in Better Collective Netherlands will exceed 3 mEUR in 2022, which will be the first full fiscal year in that market. As a new market, the Netherlands is expected to produce high growth for several years.
A new market for on-line gambling
The Dutch Remote Gambling Act will come into effect on October 1, 2021, fully regulating online gambling, which until now has been operated as a state monopoly. With the act, iGaming operators will be given the opportunity to apply for a license to operate in the market and more than 20 operators are expected to be licensed by 2022. According to the international betting and gaming consultancy firm, H2 Gambling Capital, Dutch onshore iGaming is projected to increase from 22% of the countrys total iGaming in 2015 to 81% in 2024. As a result, the Dutch iGaming gross gaming revenue (GGR) for online casino and sports betting combined is expected to reach more than 800 mEUR in 2024, making it the fifth largest iGaming market in Europe.
Together, Soccernews.nl and Voetbalwedden.net attract more than 2.5M monthly visitors. The two media platforms will enable Better Collective to take advantage of the Dutch market opportunity from day one and be well positioned to gain from the expected arrival of larger international sports betting operators in the market in 2022.
Financial targets for 2021 remain unchanged
It is expected that the two acquisitions will have a positive impact on Better Collectives revenue and earnings for 2021 and onwards. The financial impact in 2021 is however expected to be limited due to the time of incorporation and the time needed for the new Dutch market to establish itself. The financial targets for 2021, therefore, remain unchanged.
Better Collective Netherlands
Better Collective has recently incorporated Better Collective Netherlands B.V and the acquisitions add an experienced team to the Dutch business unit. To manage its Dutch operations, Better Collective has hired Joris Dekkers as Managing Director from August 1, 2021. Dekkers knows Better Collectives business well as he has supported the companys preparations for the market opening as an external consultant. He brings a strong background and close to ten years of experience from the iGaming industry, where he has worked on both the media and the operator side.
Jesper Sgaard, Co-Founder & CEO of Better Collective, says:
We are excited about the regulatory opening of the Dutch iGaming market, welcoming licensed operators and laying the foundation for stronger player protection. The Dutch market has high potential and is expected to grow significantly in the coming years. To be able to capitalize on these opportunities, we are pleased to have added two strong Dutch brands to our portfolio and welcomed Joris Dekkers and a new team to Better Collective. These moves will help us establish a leading position in the Dutch sports betting media landscape.
Enquiries regarding this announcement should be addressed to:Investor contact: Christina Bastius Thomsen, +45 2363 8844 investor@bettercollective.com Media contact: Anders Crillesen +45 2779 1286 acrillesen@bettercollective.com
This information is such information as Better Collective A/S is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 8:25 am CET on September 24, 2021.
About Better Collective
Better Collective is a global sports betting media group providing platforms that empower and enhance the betting experience for sports fans and iGamers. Aiming to make betting and gambling more entertaining, transparent and fair, Better Collective offers a range of editorial content, bookmaker information, data insights, betting tips, iGaming communities and educational tools. Its portfolio of platforms include bettingexpert.com, VegasInsider.com, HLTV.org and Action Network. Better Collective is headquartered in Copenhagen, Denmark, and listed on Nasdaq Stockholm (BETCO). More information at bettercollective.com.
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Better Collective acquires Soccernews.nl and Voetbalwedden.net - GlobeNewswire
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MediaTrooper to go live in Mississippi alongside BetMGM this weekend – Yogonet International
Posted: at 10:43 am
The digital marketing agency expects to provide advertising and information services to the state's authorized betting operators. BetMGM announced Thursday the launch of its mobile App at Gold Strike Casino Resort in Tunica. MediaTroopers is now live in a total of 15 states, and earlier this month received a temporary sports betting supplier license in Arizona.
Digital marketing agency MediaTroopers will be going live in Mississippi this weekend alongside online sport betting operator BetMGM, announced the company on Thursday.
The marketing company, focused on generating leads and acquiring paying customers for online casinos and sportsbook operators, aims at providing top-quality advertising and information services to the states authorized betting operators.
We have not one, but two causes for celebration this weekend, said Sam Segal, MediaTroopers CEO. The first is launching our activities in a new state, which is always exciting. The second is the fact we are entering Mississippi with one of the best sportsbook operators in the country which is BetMGM.
MediaTroopers is licensed and operational in 14 other US states, including Arizona, New Jersey, Pennsylvania, Colorado, Indiana, Tennessee, Illinois, Washington DC, West Virginia, Virginia, Iowa, and Wyoming.
The digital marketing agency plans to leverage its decades of combined experience in regulated online gambling to deliver a wider audience in the state with up-to-date news on sporting events, game predictions, great sportsbooks, and online casino offers.
Mississippi is a state we are really looking forward to work in, added Segal upon the announcement. Its sports fans have tons of soul, and we are looking to bring them more excitement and fun with safe, legal, and responsible sports betting.
BetMGM announced on Thursday the launch of its mobile app at Gold Strike Casino Resort in Tunica, Mississippi. MGM Resorts also counts with retail sports betting in the state at its Beau Rivage Resort & Casino in Biloxi.
Weve had great success with the opening of the BetMGM Book Bar & Grill at Gold Strike and are thrilled to complement our retail offering with the launch of the BetMGM mobile app in Mississippi, said BetMGM CEO Adam Greenblatt on the announcement.
The BetMGM mobile app is now available for download in the state, and utilizing geolocation technology, enables all guests on-premise at Gold Strike to place pre-game, live in-play, futures and parlay wagers from any mobile device.
Earlier this month, MediaTroopers was granted a temporary sports betting supplier license for Arizona by the states Department of Gaming. The companys portfolio powers operations by US online casinos and sportsbooks including heavyweights DraftKings, FanDuel, MGM, Golden Nugget Casino, and Bet Rivers.
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MediaTrooper to go live in Mississippi alongside BetMGM this weekend - Yogonet International
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Global Online Gambling Platform Market 2021 Research Report With COVID-19 Update with Growth Analysis and Emerging Trends by 2027 Bulk Solids…
Posted: at 10:43 am
The market research report Global Online Gambling Platform Market released by MarketsandResearch.biz is expected to gain traction during the forecast period 2021 to 2027. The Online Gambling Platform market factors involve opportunities, growth trends, restraints, issues, substitutes, competitions, and market dynamics. The research report offers details of the necessary components present in the market that tend to either influence the market growth or has an adverse effect on the market growth. The focus of the report is to build a growth map for global market research. The report provides comprehensive information on the background of the market. The report offers a pictorial and graphical presentation for a better understating of the market condition.
The growth map assists the users in formulating strategic plans and marketing ideas to achieve business objectives. The factors provide a reasonable judgment to the users and assist them in establishing the business strategies and techniques. The tools involve PESTLE analysis, PORTERs five forces, SWOT analysis. The Online Gambling Platform research report also provides market attractiveness graphs, developments by leading players, R&D strengths, new product success rate, business strategies, and financial ratio.
DOWNLOAD FREE SAMPLE REPORT: https://www.marketsandresearch.biz/sample-request/194522
The report covers the leading players existing in the market:
International Game Technology (IGT), Playtech, Microgaming, Betconstruct, Softgamings, Betsys, Sportradar, SBTech, Digitain, GammaStack, EveryMatrix, Novomatic, NetEnt, BetSoft, Scientific Games, Evolution Gaming, Playtika, Octro, Tencent, Boyaa Interactive
The geographical regions mentioned in the research report include:
North America (United States, Canada and Mexico), Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe), Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia), South America (Brazil, Argentina, Colombia, and Rest of South America), Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The report involves a type segment explaining the categories of the product:
Online Casino, Sports Betting, Esports Betting, Online Lottery, Other
ACCESS FULL REPORT: https://www.marketsandresearch.biz/report/194522/global-online-gambling-platform-market-2021-by-company-regions-type-and-application-forecast-to-2026
The report consists of the application segment informing the user about the applicability of the product or market:
Desktop-install & Web, Mobile-install
Customization of the Report:
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Contact UsMark StoneHead of Business DevelopmentPhone: +1-201-465-4211Email: sales@marketsandresearch.biz
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Rush Street Interactive Partners With The American Gaming Association’s Have A Game Plan. Bet Responsibly. Campaign – PRNewswire
Posted: at 10:43 am
CHICAGO and WASHINGTON, Sept. 24, 2021 /PRNewswire/ --As part of Responsible Gaming Education Week, Rush Street Interactive, Inc. (NYSE: RSI) ("RSI" or the "Company"), a leading online casino and sports betting company in the United States,today became the newest partner of the American Gaming Association's (AGA)Have A Game Plan.Bet Responsibly.public service campaign.
The Have A Game Plan campaign focuses on educating sports fans about the core principles of responsible sports betting: setting a budget and sticking to it, keeping betting social, knowing the odds, and playing with trusted, regulated operators. Through its commitment to the campaign, RSI will integrate Have A Game Plan content into its consumer marketing, employee training, and overall responsible gaming strategy.
"Responsible gaming is at the core of our business and joining AGA's Have A Game Plan campaign is an important extension of these efforts," said Tammi Barlow, RSI director of corporate social responsibility. "It is crucial that our industry prioritizes the protection of those who are vulnerable to gambling problems and others affected by their behavior. Through this partnership with AGA, we will continue to provide our players with new, user-friendly tools and resources to wager responsibly, while ensuring our employees are positioned to provide the best possible customer service and care."
RSI's commitment to Have A Game Plan follows the Company's recent build out of its compliance and corporate social responsibility function and ongoing deployment of innovative responsible gaming tools within its products, such as its RushPay feature that enables fast, transparent, and non-cancellable withdraw and refund capabilities.
"As legal sports betting increases in popularity and availability, the success of the industry relies heavily on educating players about responsible gaming," said Casey Clark, AGA senior vice president. "We're proud to have Rush Street Interactive join us in this important endeavor."
As the market continues to expand, Have A Game Plan is aligning new and existing industry stakeholders behind a consistent responsible gaming message. RSI joins official campaign partners Monumental Sports and Entertainment, NASCAR, New York Jets, NHL, PGA TOUR, SeventySix Capital, Sinclair Broadcast Group, UFC, Vegas Golden Knights, and Washington Football Team, as well as other gaming operators and suppliers.
AGA'sResponsible Gaming Education Week, from September 19-25, educates consumers on responsible play and highlights responsible gaming's central role in gaming and sports betting.
For more information, please visitHaveAGamePlan.org.
Forward-Looking Statements
This press release includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. RSI's actual results may differ from their expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as "expect," "estimate," "project," "budget," "forecast," "anticipate," "intend," "plan," "may," "will," "could," "should," "believes," "predicts," "potential," "continue," and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, RSI's expectations about its partnership with AGA and its promotions and initiatives related to this partnership. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results. Most of these factors are outside RSI's control and are difficult to predict. Factors that may cause such differences include, without limitation, changes in applicable laws or regulations, unanticipated product or service delays, and other risks and uncertainties indicated from time to time in RSI's most recent Annual Report on Form 10-K, including those under "Risk Factors" therein, and in RSI's other filings with the SEC. RSI cautions that the foregoing list of factors is not exclusive. RSI cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. RSI does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based.
About the AGA
The American Gaming Association (AGA)is the premier national trade group representing the $261billion U.S. casino industry, which supports 1.8 million jobs nationwide. AGA members include commercial and tribal casino operators, suppliers, and other entities affiliated with the gaming industry. It is the mission of the AGA to achieve sound policies and regulations consistent with casino gaming's modern appeal and vast economic contributions.
About RSI
RSI is a trusted online gaming and sports entertainment company focused on regulated markets in the United States and Latin America. Through its brands, BetRivers.com and PlaySugarHouse.com, RSI was an early entrant in many regulated jurisdictions and is currently live with real-money mobile, online and/or retail operations in ten U.S. states: Pennsylvania, Illinois, New Jersey, New York, Michigan, Indiana, Virginia, Colorado, Iowa and West Virginia. RSI is also active internationally, offering its online casino and sportsbook in the regulated gaming market of Colombia on RushBet.co. RSI offers, through its proprietary online gaming platform, some of the most popular online casino games and sports betting options in the United States. Founded in 2012 in Chicago by gaming industry veterans, RSI was named the 2020 Global Gaming Awards Digital Operator of the Year and the 2021 EGR North America Awards Casino Operator of the Year, Customer Services Operator of the Year and Social Gaming Operator of the Year. RSI is committed to industry-leading responsible gaming practices and seeks to provide its customers with the resources and services they need to play responsibly. For more information, visit http://www.rushstreetinteractive.com.
SOURCE Rush Street Interactive
http://www.rushstreetinteractive.com
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How Different Countries Regulate the Gambling Industry – Qrius
Posted: at 10:43 am
Gambling comes in many shapes and forms. A simple Google search will reveal umpteen number of sites and sources to gamble online from the comfort of your home. These websites wont reveal or might reveal a bit later whether they are legal or not in your country of residence. If you gamble online, and it turns out to be illegal in your country, you could face a hefty fine and punishment for transgression of the law. To bypass this, you can play at Gclub because it is one of a few legit offshore casinos serving players from around the globe.
If it is not illegal, then you can have a bit of fun playing in a relaxed state of mind. These two scenarios are not the only ones that can happen. Thats why gamblers need to know whether it is safe to gamble from where they are, what the rules regarding online gambling are in their state or country of residence, and what could happen should they fall afoul of the law.
Several countries have different legislation regarding online gambling. Some have outright banned it, some have legalized it, and yet others are quite murky when it comes to details about such laws. This article attempts to bring some light to this issue.
The United States, Canada, and the UK are examples of countries with some form of rules and regulations concerning online gambling. We delve into them more below.
There are laws at federal and state levels in America. States also have the right to draw up separate laws and regulations for online gambling. Traditional gambling is more or less well-regulated, but online gambling has come under scrutiny for the financial transactions that take place in its name. Some states prohibit wire transfer of money in betting games unless both the states involved in the transaction have laws that specifically allow it.
Canadian legislation is not clear regarding online gambling, although it is not illegal. The Act in place does not have jurisdiction to deal with online gambling and cannot outlaw any websites or companies.
The UK has strictly regulated gambling in all its forms and has a commission that grants and withdraws licenses of gambling companies and websites. The primary objective of such legislation is to ensure that crime is not financed with the earnings from gambling.
Only eight countries in the world have banned online gambling or gambling in any form. These are:
Other countries often have murky laws or none at all about online gambling. This means that you cannot be penalized for playing online gambling in most countries of the world.
Countries that have little to no regulation for online gambling often choose the path of complete prohibition. Examples of this would include China, Hong Kong, and Russia.
Asian has the most restricted market and the most customers simultaneously. While the governments have attempted to ward off all forms of gambling except for government-run lotteries, several international websites are willing to accept gamblers from China.
Hong Kong has relatively more freedom concerning gambling but has largely chosen to follow chinas model and attempt to prohibit gambling altogether. Punishments are present for both players and operators.
In 2009, Russia enacted a sweeping on all forms of gambling, and online gambling fell into this spectrum too. Although there has been a slow reversal in this, the overall statement is still prohibition.
Countries that regulate online gambling have shown promising returns to them, while those who havent have seen illegal methods rise.
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How Different Countries Regulate the Gambling Industry - Qrius
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