Summary In a recent interview, JPMorgan Chase’s CEO Jamie Dimon expressed that he is not intimidated by China’s rapid growth and technological advancements. Instead, he voices considerable concern over the challenges facing America. Dimon highlights issues such as poverty and mismanagement as critical areas of focus for the U.S., suggesting that internal improvements are key […]
The Betting Control and Licensing Board (BCLB) in Kenya has enacted a significant directive that prohibits the involvement of influencers, celebrities, and content creators in gambling advertisements. This move is part of a broader effort to regulate the gambling sector and protect vulnerable groups from the potential harms of betting. Source: Gambling News Key Points […]
The Responsible Online Gaming Association (ROGA) has laid down new guidelines aimed at ensuring that VIP programmes within the gaming industry uphold responsible gaming standards. This move comes as ROGA seeks to foster a safer environment for players and ensure that their experiences remain fun while being mindful of potential gambling risks. Source: Gambling News […]
The management team at Genting’s Resorts World Las Vegas (RWLV) is looking to bounce back after a series of disappointing results following a regulatory complaint. Led by ex-MGM Resorts CEO Jim Murren, the new team aims to reassess risk levels and revitalise their VIP offerings post-settlement with the Nevada Gaming Control Board (NGCB). Source: Inside […]
Summary A draft bill aiming to create the Gambling Regulatory Authority in Sri Lanka has been officially gazetted. This move, initiated by President Anura Kumara Dissanayake, sees the bill prepared to be presented in Parliament, establishing an independent regulator for the gaming industry. The legislation will not only repeal existing ordinances but also empower the […]
Summary Two northern Australian casinos, The Ville Resort-Casino in Queensland and Mindil Beach Casino Resort in Darwin, are currently under the microscope by AUSTRAC for potential issues in their anti-money laundering (AML) and counter-terrorism financing (CTF) controls. Following the identification of gaps in their compliance systems, both casinos have been mandated to undergo audits. AUSTRAC’s […]
Thailand’s new entertainment complex bill is set to ignite the gaming industry, generating an impressive boost of up to $5.5 billion (THB182.19 billion). The government is ramping up efforts to introduce this landmark bill during the upcoming parliamentary session in July. This initiative is projected to impact various sectors, from construction to services, presenting both […]
Melco Resorts & Entertainment is set to unveil the City of Dreams Sri Lanka casino in Colombo this August, making significant strides in the final preparations. John Keells Holdings has announced that the 180,000 square foot gaming floor will be accessible via the Nuwa at City hotel, which occupies the top floors of the hotel […]
Distinguished executive joins Instawork’s Board to help drive AI-powered innovation and corporate governance to support Instawork’s next stage of growth Instawork has appointed Katherine August-deWilde as an independent member of its Board of Directors, emphasising its commitment to corporate governance and innovative workforce solutions. With over 30 years of experience in financial services and technology, […]
Summary Fanatics Betting and Gaming has officially opened a new partnership with Claymore Solutions in the Philippines, enhancing its operations in the region. This initiative marks a significant step for Fanatics, which aims to tap into the Philippines’ reputable business process outsourcing sector and skilled workforce. The new office in Taguig City will serve as […]
