LOTTERY DIGEST - WEEKLY NEWS
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AGA, ECA, and BGC Unite to Tackle Key Gaming Industry Challenges
The American Gaming Association (AGA), European Casino Association (ECA), and Betting & Gaming Council (BGC) have signed a memorandum of understanding (MOU) to address critical issues in the global gaming industry. This collaboration focuses on combating illegal gambling, promoting responsible gaming, driving innovation, and enhancing security measures. The MOU will facilitate joint research projects and knowledge sharing among the three associations, aiming to advance the legal gaming industry and protect consumers worldwide. AGA President and CEO Bill Miller emphasized the significance of this partnership, highlighting its potential to expand efforts against illegal gambling and strengthen responsible gaming practices.
COVID-19 Pandemic Costs UK Gambling Sector £1 Billion in Economic Output
The UK gambling sector has faced a significant economic hit due to the COVID-19 pandemic, with losses amounting to £1 billion in economic output. The Department for Digital, Culture, Media and Sport (DCMS) has updated its economic estimates, revealing the substantial impact of lockdowns and restrictions on the industry. The revised data tracks a decade of business activity, highlighting the challenges faced by brick-and-mortar casinos and other gambling establishments. This downturn underscores the need for the sector to adapt and innovate in response to such unprecedented disruptions. The report also emphasizes the importance of government support and regulatory measures to help the industry recover and thrive in the post-pandemic landscape.
BGC Launches First International Best Practice Guide for Regulated Gambling
The Betting and Gaming Council (BGC) has introduced its inaugural International Best Practice Guide, a comprehensive resource aimed at online gaming operators and policymakers globally. Commissioned by the BGC and compiled by Alvarez and Marsal (A&M), the guide outlines core objectives and various regulatory approaches to achieve them. It draws on global lessons, highlighting both the benefits and drawbacks of different regulatory frameworks. The guide emphasizes high channelisation, ensuring most gaming occurs within regulated markets, and focuses on consumer protection, particularly for young people and vulnerable individuals. This initiative is expected to enhance industry standards and support informed decision-making for regulators and operators worldwide.
President Lula da Silva Meets with Senior Ministers to Address Online Gambling in Brazil
President Inácio Lula da Silva recently convened a meeting with senior ministers to discuss the regulation of online gambling in Brazil. The meeting focused on addressing vulnerabilities in the newly proposed Bets regime, which aims to regulate fixed-odds betting and online gambling. Key ministers from various departments, including Finance, Healthcare, Sports, Public Welfare, and Social Development, participated in the discussions. The meeting highlighted concerns over gambling addiction and the social impact of online betting, especially among vulnerable populations. President Lula emphasized the need for robust consumer protection measures and regulatory frameworks to ensure a safe and responsible gambling environment.
Ontario Lottery and Gaming Corporation set to Host 2025 NASPL Conference in Niagara Falls
The Ontario Lottery and Gaming Corporation (OLG) is set to host the 2025 North American Association of State and Provincial Lotteries (NASPL) Annual Conference and Trade Show in Niagara Falls, Ontario. Scheduled for September 9-12, 2025, the event will bring together lottery professionals from across North America and beyond. The conference will focus on education, networking, and exploring future opportunities in the lottery sector. OLG President and CEO Duncan Hannay expressed excitement about hosting the event, coinciding with OLG's 50th anniversary. The agenda will include discussions on artificial intelligence, attracting new audiences, and cybersecurity measures.
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.
