00:00
Everyday at 10:00 CET, UTC+1
iGaming NewCast: UM Newscast - 13-12-2024
Summary
News Summary: Gambling Industry Updates
Ireland Takes Action on Gambling Ads
Ireland’s Gambling Regulatory Authority (GRAI) has partnered with the UK’s Advertising Standards Authority (ASA) to address gambling ad complaints. The ASA will handle ad-specific concerns while GRAI oversees licensee-related issues. Consumers can file anonymous or formal complaints through the ASA, ensuring strict adherence to advertising standards. GRAI’s CEO Anne-Marie Caulfield emphasized consumer protection and public safety as core goals of the collaboration.
Louisiana Debates Online Gambling
Louisiana casino operators largely support legalizing online gambling, though the Cordish Companies oppose it, citing potential social costs and reduced economic growth. Most operators argue that online gaming complements traditional casinos. Advocates highlight economic benefits, while critics warn of increased addiction risks and competition with illegal markets.
Macau’s SJM Resorts Expands
SJM Resorts plans a Lisboa-themed three-star hotel in the Hengqin New District to attract mass-market visitors and support Macau’s tourism. The project aligns with the upcoming multiple-entry visa policy and improved transport links. Chairman Daisy Ho sees this move as a step toward economic diversification and integration with China’s development goals.
Brazil Tackles Gambling-Related Harm
Brazil’s Ministry of Finance launched a task force to address gambling addiction and regulate fixed-odds betting. New measures include payment restrictions and identity verification. The group aims to propose harm reduction strategies, focusing on mental health and responsible gambling practices.
Holiday Fun from Soft2Bet
Soft2Bet introduced a Christmas-themed gamification feature where players act as Santa Claus to earn rewards. The update aims to boost user engagement and retention while delivering festive fun. Chief Product Officer Yoel Zuckerberg sees this as part of a broader trend toward personalized gaming experiences.
Podcast Highlights Gaming Trends
The World Series of Politics podcast discussed Michigan’s proposed betting tax changes and Florida’s expanding tribal gaming monopoly. Experts predict more consumer-focused lawsuits in 2025, especially concerning misleading ads. Sweepstakes regulations and the impact of igaming on local markets were also explored.
