Swedish casino games developer NetEnt has reported a 8.9% year-on-year increase in 2018 revenue, though increased costs saw profit decline in the fourth quarter of the year. Chief executive Therese Hillman has challenged the business to ramp up organic earnings growth in the year ahead.
The Gambling Commission’s penchant for levying ever more punitive fines means any operator stepping out of line will need deep pockets, writes Joanne Christie. But are the penalties warranted – and are they having the desired effect?
The US Department of Justice has revised its 2011 ruling on the Wire Act to state that the law’s prohibition applies to all forms of gambling, in what may prove a major victory for opponents of online gambling.
West Virginia may follow up last year’s legalisation of sports betting with the regulation of online poker and casino, should a new bill filed by Representatives Shawn Fluharty and Joe Canestraro pass into law.
Nevada’s new Democratic Governor Steve Sisolak has appointed Sandra Douglass Morgan as the chair of the Nevada Gaming Control Board (NGCB). Las Vegas native Morgan currently serves as director of external affairs for US telecommunications giant AT&T in the southern Nevada region.