Small-cap gaming supplier Inspired Entertainment (NASDAQ:INSE) is following other gaming technology names lower this year. But its dramatic declines are creating a valuation scenario that may be too compelling to ignore in the eyes of some analysts.
In Belgium, the Council of State has provided an overview of rulings for the legal gambling industry. For the most part, the council’s confirmation of existing measures only means the industry will weaken.
Australian communications regulator ACMA has ordered internet service providers to block online casino ThePokies.net after data showed it attracted 30,000 Australians each month. The regulator said it had received reports from customers who claimed they weren’t being paid their winnings or that the site was withholding deposits.
The UK Gambling Commission (UKGC) is constantly introducing new rules and regulations for the country’s gambling industry, including some that appear overbearing. In its latest initiative, which the regulator presented yesterday, it asserts that consumers can’t be trusted to determine how to spend their money.
Argentina’s online gambling segment continues to take shape. Several regions of the country have begun introducing the activity, and the province of Cordoba is ready to join them.
The American Gaming Association (AGA) recently released its annual “State of the States” report.
BetMGM hopes to give the World Series of Poker (WSOP) a run for its money this summer. The leading iGaming and online sportsbook operator this week announced the debut of its annual BetMGM Poker Championship, which will take place June 23-26 at ARIA Resort & Casino in Las Vegas.
Well, that didn’t take long. Just one month after the launch of Ontario’s regulated online casino and sports betting market, two operators have been hit with financial penalties for breaching the province’s strict new laws around advertising sign-up promotions.
International Game Technology (NYSE:IGT) is expanding its library of digital games in a big way with the $174 million, all-cash acquisition of iSoftBet, a provider of iGaming content.
Gaming-related companies across Southeast Asia are under attack. Hackers, reportedly out of China, are targeting operations in the region, and where successful, can gain access to entire gaming networks.