World News

Regulatory Momentum Around the World 2024 is proving to be a watershed year for gambling regulation. Europe, already home to some of the most mature regulatory environments, is tightening the screws even more. The UK, for example, is doubling down on affordability checks and advertising restrictions, while the Netherlands and Germany continue to refine licensing […]

Europe’s Digital Gambling Landscape: Snapshot Online gambling in Europe isn’t just holding steady it’s accelerating. As of 2024, the market is valued at over €40 billion, with a projected annual growth rate hovering around 8%. By 2026, that figure is expected to pass €50 billion, thanks to a mix of legislative liberalization, advanced tech integration,

A Surge in Regional Market Expansion Latin America’s gambling market isn’t just growing it’s sprinting. Over the last few years, the region has seen a marked uptick in both participation and investment, making it one of the fastest rising gambling markets globally. What used to be an underground or gray zone industry has transformed into

Historical Background of Gambling Gambling has deep roots, dating back thousands of years. The first recorded gambling activity occurred in ancient China around 2300 BC. Archaeological findings include rudimentary dice and betting slips, evidencing early wagering practices. Ancient Egyptians also indulged in gambling, creating early board games. During the Roman Empire, gambling was popular among

Understanding Gambling Addiction Gambling addiction, also known as compulsive gambling, is a mental health disorder characterized by an uncontrollable urge to gamble despite harmful consequences. It’s considered an impulse-control disorder. Individuals with gambling addiction often chase losses, hide their behavior, and face significant personal and professional issues due to their gambling activities. Symptoms of Gambling

Overview Of Global Gambling Regulations Countries regulate gambling with policies that either permit, restrict, or outlaw the activity based on economic impact and social considerations. United States In the United States, gambling laws vary across states. Nevada permits most forms of gambling, contributing significantly to its economy. In contrast, Utah bans all forms of gambling

Overview of Casino Economics Casinos generate significant economic activity. They contribute to the local economy by attracting tourists, creating jobs, and generating tax revenue. For example, in the United States, casinos added $261 billion to the economy in 2017. Hotels, restaurants, and entertainment venues around casinos often see increased business. Tourism is a primary benefit

Las Vegas: The Classic Choice Las Vegas remains a top destination for gamblers. The city constantly evolves, introducing new attractions and developments. Recent Developments Las Vegas has seen several recent developments. Resorts World Las Vegas opened in June 2021, offering 3,506 rooms and a 117,000-square-foot casino. Additionally, the city has embraced cashless gaming technology, allowing

Overview of Recent Mergers and Acquisitions Recent months have seen notable mergers and acquisitions in the gambling industry, significantly shaping its landscape. MGM Resorts and Entain In January 2023 MGM Resorts acquired British betting giant Entain for $11 billion. This move doubled MGM’s market share in sports betting, particularly expanding their BetMGM platform. This acquisition