Remarkable Growth: Cyprus’ Gambling Industry Reaches $1 Billion Milestone with 79% Increase Since 2020
Cyprus has emerged as a major player in the global gambling industry, with the sector contributing significantly to the local economy. In 2023, the National Betting Authority reported that gambling revenue surged by 79% compared to 2020, surpassing €1 billion for the first time. This remarkable growth has positioned the betting sector as a key […]
The Gamble with Live Poker Streaming: YouTube’s Crackdown and the Uncertain Future
Live poker streamers are facing a new kind of challenge as platforms like YouTube begin cracking down on channels featuring gambling-related content and sponsorships. The recent suspension of Hustler Casino Live (HCL), one of the most popular live cash game shows, has sent shockwaves through the poker streaming community. The week-long suspension may seem like […]
From Slots to Smartphones: How Atlantic City’s Betting Strategy is Going Digital
Atlantic City, once synonymous with bustling casinos and iconic boardwalks, is experiencing a shift as it increasingly focuses on digital platforms to drive revenue. In 2023, the city’s casinos generated over $3.32 billion in total revenue, with mobile sports betting accounting for a significant portion of that figure. This pivot to online betting reflects broader […]
Backtracking on Betting Ads: Albanese’s Gamble with Australia’s Gambling Future
The conversation surrounding gambling advertising in Australia has taken an unexpected turn as Prime Minister Anthony Albanese shifts the narrative away from banning gambling ads and focuses on gambling itself as the core issue. This backtrack follows recommendations from a government inquiry that suggested a blanket ban on gambling ads to reduce harm, particularly to […]
BetMGM Looks Towards Alberta as Doors Set to Open: First Movers Advantage in Full Effect?
BetMGM is Confident in Their Position in Canada Operators that have experienced thriving performance in the regulated Ontario market are eyeing the doors of Alberta as they set to open. While timelines are still uncertain, the notion that Alberta shifts to a free market for iGaming operators seems to be a foregone conclusion. The VP […]
New York’s Casino Bidding Delays: How Politics Are Slowing Down a Billion-Dollar Industry
New York’s plan to issue three new casino licenses has been stuck in limbo, frustrating both developers and local politicians. The state legislature gave the green light in 2022, but delays in the bidding process have pushed decision-making well into 2025. For politicians like State Senator Joseph Addabbo, the slow pace is not just a […]
BetMGM’s USA TODAY Deal: The New Frontier of Sports Betting Media
BetMGM’s partnership with Gannett’s USA TODAY Sports marks a bold step into the future of integrated sports betting content. As the exclusive online casino and sportsbook provider for USA TODAY Sports, BetMGM gains access to an expansive audience of over 44 million sports fans. This move is a perfect example of how sports betting is […]
Dutch Gamble: Will the Netherlands’ Tax Hike Push Operators to Exit the Market?
The Dutch government’s recent move to raise gambling taxes has stirred concern within the industry. Set to increase to 34.2% by 2025, and potentially reaching even higher levels by 2026, the tax hike has sparked fears of an exodus of operators from the regulated market. With operators already struggling to maintain profitability, this move could […]
How Vixio’s New Compliance Tool Could Revolutionize Online Casino Regulation”
In a world where compliance is becoming more complex by the day, Vixio’s launch of the Technical Compliance Tool marks a significant step forward for the gambling industry. This tool is designed to streamline compliance efforts by providing a centralized resource for navigating the varying technical requirements in online casino markets. For operators and suppliers, […]
Is Free-Play Losing Its Magic? Why Casino Incentives Are Falling Flat
Free-play campaigns have long been the backbone of casino marketing strategies, designed to entice players through the doors and keep them spending. But new research suggests that these promotions may no longer be as effective as they once were. In a world where customer loyalty is harder to maintain and competition is fiercer than ever, […]