Evoke Considers Sale After Share Price Drop and Rising Debt

Evoke has confirmed it is reviewing several options for its future after its share price fell sharply and concerns over its growing debt increased. The news was first reported by the Earnings + More newsletter and later confirmed in a company statement. Evoke said it is looking at different ways to increase value for shareholders […]

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Philippines Authority: Q3 GGR Drop Shows ‘Short-Term’ Effect of Improved Compliance

Philippine Amusement and Gaming Corp’s Alejandro Tengco links softer Q3 revenues to enhanced RG measures. Better safeguards created inevitable revenue consequences. Alejandro Tengco spoke at G2E Asia @ the Philippines regarding gaming revenue patterns. Softer third-quarter gaming revenues stemmed from heightened consumer protections, according to the Philippine Amusement and Gaming Corp. Wednesday’s keynote address detailed […]

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The NCAA Prohibits ex-USF Guard Marcus Williams from Betting

The NCAA declared former University of San Francisco basketball player Marcus Williams permanently ineligible following the discovery of sports betting violations. Investigators found multiple infractions, including inside information sharing and false statement provision during the inquiry. National concerns about betting-related misconduct in college sport deepen with this case development. The NCAA’s recent decision maintains its […]

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Banking Research Reveals 24% of UK Gamblers Will Face Financial Risk Assessments

UK open banking data shows one in four online gamblers will activate financial risk assessments. The Gambling Commission requires these checks starting in February 2025. This finding demonstrates implementation challenges for the new regulation. ScienceDirect published the research examining 243,478 UK gamblers’ bank transactions. Operators must perform “light-touch” checks when customers lose over £150. This […]

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GambleAware Study Shows Youth Gambling Increase, Research Gaps

Britain faces growing youth gambling problems, according to new national data. Children and young people lack protection despite regulatory promises lasting years. Public health warnings failed to create sufficient safeguards. GambleAware published their Gambling Harms and Young People in Great Britain report. Gambling Commission figures reveal 30% of 11-17-year-olds gambled. Young people spend their own money […]

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Vietnam Considers Easing Casino Entry Rules for Citizens

Vietnam’s Ministry of Finance is looking at new casino rules that could make it easier for local people to enter casinos. The government is preparing a review to see how the new rules might work while still keeping control over the industry. This review follows recent changes that already allowed more Vietnamese citizens to gamble, […]

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Court of Appeal Rejects £1.5m Claim Against Betfair

The Court of Appeal has rejected a lawsuit against Betfair from a long term customer who lost about £1.48 million over ten years. The case, called Gibson v Betfair, focused on whether the company should have spotted signs of problem gambling and acted sooner. The judges decided that Betfair did not know and could not […]

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DraftKings Receives $32.5K Fine from New Jersey Gaming Officials

NJDGE hit DraftKings with $32,500 in penalties this week. Violations included taking bets on completed games and forbidden markets. The Press of Atlantic City broke the story today. Customers placed wagers when outcomes were already decided. Rutgers games appeared on the platform illegally. Several markets displayed wrong participant information throughout November. The operator voided problematic […]

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EU Starts Competition Investigation Against Google AI Practices

The European Commission began an antitrust probe targeting Google’s AI content usage. Traffic losses hit affiliates after Google implemented these AI features. The executive branch examines whether Google violated competition rules through content usage. Web publishers’ material and YouTube uploads power Google’s AI purposes. Google scrapes web content to generate query summaries atop search pages. Publishers, […]

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