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Casino Days Operator Fined CA$54K by AGCO for Deceptive Bonus Practices

1 week ago | casinobeats.com | Doug Bonjour

Well Played Media, the operator behind Casino Days, has been fined CA$54,000 by the Alcohol and Gaming Commission of Ontario (AGCO) after being accused of deceptive bonus practices. This follows an investigation by the AGCO in which a player complained that over CA$8,500 in winnings had been seized by the operator. The platform was offering a “welcome bonus” that promised new players up to CA$2,000.
Penn Entertainment Stock Outlook Uncertain as Activist Fund HG Vora Gains Influence

1 week ago | casinobeats.com | Mohit Oberoi

The Penn Entertainment (NYSE: PENN) stock outlook is uncertain, after activist investor HG Vora successfully had two directors elected at yesterday’s annual shareholder meeting. The results were in line with expectations as both the company and HG Vora backed both Johnny Hartnett and Carlos Ruisanchez. For context, HG Vora took a 4.8% stake in Penn, which makes it the third-largest investor behind BlackRock and Vanguard.
Gaming Stocks Outlook: NFL Deal Boosts Genius Sports, Debt Woes Hit Bally’s

1 week ago | casinobeats.com | Mohit Oberoi

Israel’s attack on Iran butchered many US stocks on Friday, but gaming companies saw mixed results. The Dow Jones lost over 700 points, yet major market indices managed to eke out a small gain during the week, extending the positive trend to three weeks. The Roundhill Sports Betting & iGaming ETF, which is the world’s largest gambling ETF, gained over 2% for the week. With a gain of 10.5%, Century Casinos was the biggest gainer among leading gaming stocks last week.
Macau Post-Covid Casino Comeback Continues with $2.62 billion GGR in May

2 weeks ago | casinobeats.com | Stuart Hughes

Figures for May 2025 show Macau’s casino industry recorded its most substantial monthly post-pandemic gross gaming revenue (GGR), hitting $2.62 billion. Results for May show a 5% year-on-year (YoY) increase. The rise was fueled by China’s Labour Day Golden Week, as well as benefiting from a strategic hospitality launch event. The Labour Day holiday event, which ran from May 1 to 5, reportedly brought in nearly 850,000 visitors to the region.
ASA Flags LiveScore Bet for Exposing Gambling Ads to Underage Users

2 weeks ago | casinobeats.com | Stuart Hughes

The UK’s Advertising Standards Authority (ASA) announced last week that it had determined LiveScore Bet had breached its advertising codes following a series of gambling ads reaching underage users. The decision was made following a complaint that two LiveScore Bet ads promoting betting odds appeared in a version of its sports score app accessible by users under the age of 18.
Japanese Parliament Approves Tougher Policing Measures for Illegal Online Casinos

2 weeks ago | casinobeats.com | Tim Alper

The lower house of the Japanese Parliament has voted in favor of a proposal to toughen crackdowns on illegal online casinos and affiliates who promote betting websites. The news agency Kyodo News reported that the House of Representatives voted in favor of an amendment to the Basic Law on Countermeasures against Gambling Addiction. The new rules will grant law enforcement agencies and courts additional powers to shut down and block gambling-related websites.
Indiana Eases Licensing Requirements for Sports Betting Suppliers

3 weeks ago | casinobeats.com | Doug Bonjour

Indiana has eased licensing requirements for suppliers connected to sports betting in the state. The Indiana Gaming Commission (IGC) recently announced that as of July 1, hundreds of companies connected to sports betting in the state will no longer need licenses to offer their services. This comes after Gov. Mike Braun ordered all state agencies to eliminate any licensing rules that were deemed duplicative, burdensome, or not in the public’s or industry’s best interests.
Isle of Man Publishes National Risk Appetite Statement for the eGaming Sector

3 weeks ago | casinobeats.com | Stuart Hughes

The Isle of Man has released its first-ever National Risk Appetite Statement (NRAS), targeting the growing eGaming sector as it seeks to establish its position as a leading, well-regulated international financial hub. The NRAS declared that it needed to outline more precise boundaries of the acceptable risk levels in response to the financial crime threats that eGaming poses, particularly those originating from East and Southeast Asia.
Thai Government Says Casino Bill Could Boost GDP by 0.8% as Ex-PM Slams Project

3 weeks ago | casinobeats.com | Tim Alper

The Thai government says its controversial casino bill will boost the country’s GDP by 0.8%, as the proposal continues to draw criticism from top politicians. Bangkok wants to legalize integrated entertainment complexes that include casino facilities. The government says its move will eliminate the concept of off-seasons in the tourism sector and that casinos will generate higher tax revenues.
Paraguay Gambling Regulator Discusses New Regulations With Capital’s Mayors

3 weeks ago | casinobeats.com | Tim Alper

The Paraguay gambling regulator has held talks with mayors and gaming companies after the country introduced a new betting framework. Per an official Asunción government release, the National Gaming Commission (CONAJZAR) met with 19 mayors from the capital and the surrounding Central District. CONAJZAR chiefs stated that the parties discussed a new law, adopted early last month, which will enable private operators to enter the Paraguayan gambling market, replacing the previous tender-based system.