LOTTERY DIGEST - WEEKLY NEWS
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New Members Appointed to Safer Gambling Advisory Board
The Gambling Commission has expanded its Advisory Board for Safer Gambling by appointing two new members, Virve Marionneau and Spencer Murch, both of whom have extensive backgrounds in gambling addiction and harm prevention. The board, previously known as the Responsible Gambling Strategy Board, provides independent advice to the Commission and has been instrumental in establishing the National Strategy to Reduce Gambling Harms. The new appointments are expected to bolster the board's efforts in promoting safer gambling practices and addressing the challenges of gambling addiction.
Thai Finance Minister Advocates for Global Casino Operators in New Legislation
Thailand's Deputy Finance Minister, Julapun Amornvivat, is pushing for the legalization of casino resorts in the country, aiming to attract global operators. The proposed legislation would allow international gaming companies to bid for licenses, potentially boosting tourism and investment. Amornvivat has urged the customs, revenues, and excise departments to formalize a tax-collection process for the new industry, with a plan expected by mid-October. This move aligns with Thailand's broader efforts to modernise its gambling landscape, which currently only permits a national lottery and state-regulated horse racing.
AGA Report Shows U.S. Gaming Industry Faces Slowdown
The American Gaming Association (AGA) has reported a slowdown in the U.S. gaming industry's growth. After a period of strong expansion, the AGA's latest Gaming Industry Outlook indicates a more tempered near-term outlook. Factors contributing to this slowdown include inflation, rising interest rates, and increased caution in hiring and capital investments. While the industry remains well-positioned with strong balance sheets, executives are now more conservative in their growth expectations for the coming quarters.
Denmark to Draft New Lottery and Bingo Laws for Greater Flexibility
Denmark is set to introduce new legislation to simplify and modernize its lottery and bingo regulations. The Danish government, in agreement with all parliamentary parties, aims to make it easier for voluntary associations to hold charity lotteries and land-based bingo events. The proposed bill, expected to be presented in October 2024, will streamline the framework and remove complex duties on winnings. These changes are part of a broader effort to update Denmark's gambling laws and are anticipated to take effect by early 2025.
European Lotteries Announces New Sustainability Commitment Initiatives
European Lotteries (EL) has announced new sustainability pledges aimed at enhancing environmental responsibility across its member organizations. The updated EL Sustainability Guidelines, aligned with global standards, provide a comprehensive roadmap for integrating sustainable practices into all aspects of lottery operations. These commitments include using paper from certified sustainable forests for gaming materials and regularly monitoring greenhouse gas emissions to reduce carbon footprints. The initiative underscores EL's dedication to benefiting society and promoting corporate social responsibility.
Skilrock's Weekly Lottery Disgest
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Disclaimer
We monitor industry news from various important online publications, including international, national and regional titles, newswires, magazines, press releases, lotteries, vendors, institutions, government agencies and other key sources of lottery/gaming information.
While we strive to provide accurate and up-to-date information, the content is provided for informational purposes only, and readers are encouraged to consult multiple sources to ensure a comprehensive understanding of the topics presented.
