In Germany, the iGaming scene is undergoing several changes, and they are expected to be some big ones in the coming years. There are strict limits to be implemented on how much people can stake online. This has caused the iGaming industry to consider the wisdom of operating within the country seriously. Issues of what constitutes an approved license have also cropped up. The state of Schleswig-Holstein has been very welcoming to the best online gambling operators. However, the insistence
The scheduled reopening of casinos in the UK on August 1 has been postponed for at least another two weeks. This move comes in the wake of the UK government tightening restrictions in most parts of Northern England. In the UK, casinos have remained closed since March 23, and this postponement comes as a result of increased outbreaks of the Corona Virus in parts of East Lancashire, Great Manchester, and West Yorkshire. The Betting and Gaming Council in the UK
According to iGamingBusiness, 888 holdings have agreed on a deal with Pragmatic Play to launch their slot and live casino games. No doubt, this is great news for online gamblers. In case you don't know, 888 Holdings is a top brand as far as gambling and entertainment are concerned. On the other hand, Pragmatic Play is also a leading software provider in the gaming market. It’s clear that both companies are a match for each other. Reacting to the news
About 10 years ago, the first secure online gambling site was established. As a matter of fact, this paved the way for the high number of online gambling sites in existence on the Internet. According to HowStuffWorks, the first online gambling website was established in the mid-1990s. InterCasino, the first online gambling website, was situated in Antigua and was established in August 1996. At that time, InterCasino had about 18 games. Currently, online gambling has grown, and there are thousands
Gambling statistics from across the globe shows that about 26% of the world’s population gamble. We know that most things in life are gambles, but in this case, we are addressing it from the more limited scope. This figure suggests that 1.6 billion out of 7 billion human inhabitants on the earth gamble. Even more outstanding is the 4.2 billion which try their luck with real money at least once a year. When money is involved, there are always people
Casinos have quickly become one of the most lucrative businesses anyone can venture into. The industry is currently on a sharp rise, and venturing into it could yield more profits than venturing into some of the popular industries like the IT sector, the stock market, or trust funds. Over the past years, the gambling industry has massively contributed to most countries’ national budgets. This has led to more countries looking to embrace this industry in a bid to increase their
According to Reuters, casinos in SA reopening after 3 months is a huge relief for the gambling industry. The COVID-19 pandemics put a stop to so many activities, including casinos. Just like every other country, the South Africa casino industry was also affected. Casino companies like Tsogo Sun Gaming and so many others lost billions of rands. However, the government has eased down the measures taken to curb the pandemic. One of such measures includes providing guidelines that the casino
Sun International is one of the biggest Casinos in South Africa and has branches spread across the country in 8 provinces. From GrandWest and Time square to Sibaya, the Boardwalk, Sun City, and beyond, you can access a wide range of table games and slots at their South African casinos. Sun International Casino’s table games normally use value chips that players can purchase from each table or at the Cash Desk. Players can also enjoy slot machines that come with
Changes within the gaming industry have been occurring very speedily in recent years as the internet continues growing. Checking out the end of year reports and predictions of the industry from a global perspective usually presents bold forecasts and intriguing numbers. However, they can be frustrating for those interested in the economic trends of the African gaming industry as it is usually excluded. According to Research and Markets forecast, the gaming industry as a whole is expected to see a
The gambling sector in the UK has recently come under scrutiny due to various reasons. Just recently, an influential group of MPs has called on the government to review the gambling legislation in the UK. In addition, they have also proposed various measures aimed at introducing strict measures in the gambling sector. They also talked about the importance of safe casino sites. The parliamentary group has come up with some suggestions like banning online and TV gambling adverts that will
Swedish developer, NetEnt has recently entered into a new partnership with Gibraltar-based 888 Holdings PLC in a move aimed at adding a whole new range of casino games to its already existing rich menu. Under this new partnership, 888 Holdings PLC aims to host a variety of new games that will come loaded with premium features, including professional dealers, customization options, and multiple camera views. These games will be built by NetEnt. The main aim of this partnership is to
The Big Apple has seen its first sports bets! The state has recently joined others that are legalising sports betting. On July 16, the first bet was placed in the city. What is New York doing with its new industry and what can it mean for South Africa? Read to find out.
This morning Kenya’s relationships with the betting industry have finally reached a boiling point. The president gives bettors 48 hours to withdraw the money. Once that time is out, the industry will be effectively shut down. How did that happen and what implications does it have? You’ll learn about that in the article. Kenya’s gambling problem Kenya’s bit gambling problem has been in the spotlight of the mainstream media for years. Since 2017, it’s been covered by multiple news outlets
The Association of South African Bookmakers is supporting equality in the industry. SABA, which is an abbreviation for the organisation has declared their intentions by officially supporting the All-in Diversity Project. Learn what this means in this article. Diversity in gambling The gambling industry is pretty diverse. The latest UKGC gambling participation report shows that 46% of UK residents have gambled at least once during the month. Out of those who did gamble, 51% are men and 41% are women.
The Netherlands has declared that the government is working towards online gambling legislation. Now that the bill has passed, there’s a long list of companies that want to get licensed. Learn all the context and what it means for South Africa in this article. Why the Netherlands legalized online gambling The Netherlands doesn’t seem like a big country so there isn’t much to legalize in terms of online gambling, at least that’s how it seems to an outsider. Despite the
The National Gambling Board is holding a conference with the industry moguls on 18th and 19th July. Read on to learn the details. Who’s coming? The annual conference is the place where all the people who make up the gambling industry gather. It hosts delegates from the government and NGB members who make the policy that runs the industry. Local and central authorities and regulators come, as well as representatives of organs who issue licenses. They’re greeted by the industry
The numbers released for the previous year’s fines show a record number. In 2018, betting companies have paid a total of £19.7 million in fines. What does that mean for the industry? Read to find out. Enormous fines A total of nine operators were fined £19.7 million. One company in particular, Daub Alderney, had to pay a £7.1 million fine. They had to pay such an enormous amount because they failed to comply with regulations that control AML policy and
Recently, a Kenyan judge has canceled the gambling ad ban, KFGo reports. Why did he believe it was necessary to uplift the ban? Let’s find out. Kenyan ban Kenya allows online gambling. Until recently, it was legal to promote gambling as well. However, the government decided to create a new piece of regulation to stop people from advertising the gambling industry. The motivation was simple, the government officials believe that ads cause the young and the poor to gamble more
Caesars is selling its assets in South Africa, a share in the Emerald Resort & Casino. What does this mean for the industry and for you? Let’s find out. Peermont is buying Emerald Resort & Casino Emerald Resort & Casino is a complex located in Vanderbijlpark, south to Johannesburg. It’s a complex that includes bungalow-styled hotels, a waterpark, and a huge casino floor. The property is valued at $70 million, and Caesars owns 70% of it. It’s probably not the
Latvia’s gambling industry is booming. The country witnesses a great increase in the gross gambling revenue, the official report shows. What’s happening with gambling in Latvia, and why it’s important? Let’s find out. The increase In the last three months of 2018, the Latvian gambling industry generated a turnover of €67 million. In the first quarter of 2019, the turnover is €77 million. That’s almost a 16% increase! The revenues are mostly concentrated in land-based gambling, with gaming machines being
