Veikkaus posts 7.3% sales decline in 2024, looks ahead to market liberalisation Summary Veikkaus, the Finnish gambling monopoly, reported a 7.3% decline in sales for 2024, falling to €956.2 million. This decrease is attributed to a series of factors including increased taxation and regulatory changes affecting their gaming products. Despite the slump, Veikkaus aims to […]
“`html French gambling regulator hits Unibet with record fine over self-exclusion breakdown The French gambling regulator, L’Autorité Nationale des Jeux (ANJ), has issued its largest fine since its establishment in 2020, penalising Kindred Group’s Unibet with a hefty €800,000 fine. This action follows a significant malfunction in Unibet’s self-exclusion system, which persisted for nearly two […]
“`html Lawyers Push to Keep Evolution Accuser Anonymous, File Appeal In a recent development, lawyers from Calcagni & Kanefsky have filed an urgent motion following a court ruling that could reveal the identity of the author behind a damaging report on Evolution, a leading gaming company. The report, from 2021, accused Evolution of using deceptive […]
“`html Tribal-wide self-exclusion program to launch in Wisconsin in March Summary A new Tribal-Wide Self-Exclusion Program is set to launch in Wisconsin this March, aimed at promoting responsible gaming and supporting community well-being. This initiative allows individuals to voluntarily exclude themselves from all participating tribal casinos across sovereign nations and territories. The programme will expand […]
“`html Philippines got rid of POGOs – are PIGOs next? Summary Senate President Francis Escudero of the Philippines has called for a review of inland gaming operators, or PIGOs, due to potential issues similar to those that plagued the recently banned offshore gaming operators, POGOs. He commented on the negative effects PIGOs may have on […]
“`html PH Central Bank Draft Rules Ban Gambling-Related Offerings in Digital Marketplaces Summary The Bangko Sentral ng Pilipinas (BSP) has unveiled draft guidelines aimed at regulating digital marketplace activities, explicitly prohibiting banks and electronic money issuers (EMIs) from providing products linked to gambling, such as online casinos and betting services. These guidelines, which are currently […]
In the ever-evolving gaming industry, leaders face substantial challenges, particularly when it comes to retaining talent. Through my personal journey, I’ve encountered the vulnerabilities and systemic issues that impact employee engagement and stability. Here, I share some practical solutions that are empathetic to the needs of our workforce. **Understanding the Challenges of Talent Retention** Reflecting […]
The gambling industry finds itself at a pivotal moment, marked by significant transformations in regulations, technological strides, and evolving consumer behaviours. As CIOs and CTOs, it’s crucial to understand these dynamics, not just to meet the challenges ahead, but to harness them for technological advancement and organisational success.
“`html Genting’s Resorts World Las Vegas Focused on Margin Improvement as 4Q24 EBITDA Plummets Summary Genting Berhad is concentrating on enhancing margins at Resorts World Las Vegas (RWLV) following substantial revenue declines and a drastic drop in EBITDA for the fourth quarter of 2024. In Q4, the property recorded $190 million in revenue, down significantly […]
Malta Court Rules It Will Not Enforce Austrian Player Losses Judgments Summary The Maltese Civil Court has decided not to enforce judgments from Austrian courts that favored players seeking refunds for gambling losses on non-locally licensed sites. This ruling, delivered on February 27, 2025, supports Malta-licensed operators, declaring the Austrian judgments inconsistent with Maltese public […]
