The enactment of Federal Law No. 13,756/18 in December 2018 was followed by progress on developing regulations over the course of 2019. Now the stage is set for a successful launch in 2020, writes Neil Montgomery of Montgomery & Associados.
DraftKings has struck a deal that will see it acquired by a special purpose acquisition company alongside betting and gaming technology provider SBTech, with the combined entity to be listed on the Nasdaq Stock Exchange.
New figures from the UK’s Advertising Standards Authority (ASA) reveal that children are now less likely to be exposed to gambling advertising on TV, though industry ads comprised a marginally higher percentage of all promotions seen.
The annual mainstream media feeding frenzy sparked by Bet365's annual results, and its chief executive's pay, betrays some glaring double standards, and almost suggests there is little to be gained from more transparency, writes Scott Longley.
XLMedia has admitted that the business will have to ramp up expenditure to support sustainable growth in the medium term, prompting the performance marketing specialist to launch a strategic review with a view to overhauling its operating model.
A debate on potential amendments to the Netherlands’ gambling regulations in the country’s House of Representatives saw lawmakers support a number of new controls, notably a ban on gambling advertising on television before 9PM.
A number of high-profile gaming businesses look set to compete in the tender process, which could see the contract to operate the UK National Lottery wrestled away from long-term incumbent Camelot for the first time.
Pennsylvania’s regulated sports betting market saw handle grow beyond $300m for the first time in November, thanks to a soaring mobile contribution, while online casino benefitted from a leap in table games stakes.
The International Tennis Federation (ITF) and Tennis Integrity Unit (TIU) Supervisory Board has announced plans to ramp up integrity safeguards for the World Tennis Tour (WTT), including a ban on the collection of live scoring data for minor events offering prize money up to $15,000.