Mexican President Claudia Sheinbaum is standing firm on her anti-gambling stance, asserting that there will be no new casino permits granted. Following questions about a new major casino in Naucalpan, she confirmed that the policy remains unchanged and ordered an investigation into the situation. This casino, the Jubilee Casino, has stirred controversy since it was […]
The Paraguayan Association of Gambling Operators (APOJA) has recently expressed its support for Decree No. 3846, marking a pivotal update to the country’s gambling laws after nearly 30 years of stagnation. This new regulation gives the 263 municipalities 30 days to comply with new licensing requirements and report their status to the General Directorate of […]
Summary Light & Wonder has officially completed its acquisition of Grover Gaming’s charitable gaming assets for $850 million in cash, a deal initially announced in February. This acquisition, which complements Light & Wonder’s existing portfolio, highlights the strong cultural alignment between the two companies. Key Points The acquisition reinforces Light & Wonder’s growth strategy in […]
Summary Wynn Resorts has decided not to pursue a licence for a casino in New York City, which reduces the expected Manhattan bids to three. The company’s significant $12 billion proposal for Hudson Yards faced persistent community opposition despite revisions to include more housing units. Wynn’s exit follows the recent withdrawal of another major player, […]
An association comprising Japan’s major companies has revealed that Japanese residents spend a staggering $44.2 billion annually on illegal overseas sports betting sites. This report, based on a survey by the Council for Sports Ecosystem Promotion, indicates an urgent need for reform in Japan’s sports betting landscape. Key Points Japanese residents placed a total of […]
The Update:Consumer spending across Southern Europe in 2024 and early 2025 has shown a complex pattern of resilience and volatility. Spain led the eurozone with a 3.2% GDP growth in 2024, driven by robust domestic demand and a thriving tourism sector. Greece maintained a steady growth trajectory at 2.3%, supported by EU recovery funds and […]
Summary of the Event: The Star Entertainment Group, a prominent Australian casino operator, encountered significant challenges following the resignation of its Chair, David Foster, in April 2024. Foster’s departure occurred amid ongoing regulatory scrutiny and internal discord, particularly concerning the company’s Sydney casino operations. His resignation was linked to tensions with CEO Robbie Cooke and […]
Snapshot Summary: This benchmark insight examines regulatory standards and industry practices for the placement of responsible gambling (RG) messages across eight key gambling jurisdictions: the United Kingdom, the United States, Australia, Canada, Germany, Sweden, Spain, and Italy. Drawing from regulatory documents, industry reports, and academic studies, it highlights variations in RG message placement requirements and […]
Memo Title: Responding to Political Pressure in Licensing Negotiations To: Executive Leadership TeamFrom: Strategy & Risk AdvisoryDate: 20 May 2025Subject: Political Dynamics in Licensing Processes Executive Summary: Licensing negotiations in politically sensitive markets often expose gambling companies to informal political pressures that can influence commercial outcomes. These pressures may affect licence terms, approval timelines, or […]
A recent ransomware attack on a sports betting affiliate network has brought to light the vulnerabilities inherent in the interconnected digital infrastructure of the gambling industry. While specific details about the incident remain limited, the nature of such attacks underscores the pressing need for enhanced cybersecurity measures across all facets of the gambling sector. Understanding […]
