LOTTERY DIGEST - WEEKLY NEWS
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AGA Survey Shows Increased Confidence in US Responsible Gambling Efforts
The American Gaming Association (AGA) released a survey indicating significant progress in responsible gambling (RG) efforts across the US. Conducted by Kantar, the survey involved 2,000 participants and revealed that 65% of respondents believe the gaming industry is sincere in its RG initiatives, up from 55% last year. Among active casino goers and sports bettors, this confidence rises to 81% and 88%, respectively. Additionally, 75% of respondents feel that the gaming industry behaves responsibly within communities. The survey also highlighted that 90% of Americans view sports betting as an acceptable form of entertainment, with 75% supporting its legalization in their state. These findings underscore the growing acceptance and trust in the regulated gaming market.
Sri Lanka to Host Inaugural SiGMA South Asia Summit in 2025
Sri Lanka is set to host the first edition of the SiGMA South Asia summit from November 30 to December 2, 2025, in Colombo. This event marks a significant milestone for the region's gaming industry, with the Sri Lankan Ministry of Tourism pledging full support. The summit aims to bring together over 150 industry leaders, including government officials and key players from the gaming sector. As South Asia, home to over 25% of the world's population, continues to see rapid growth in digital gaming, the event will provide a premier networking platform. The region's gaming market is projected to exceed $7.5 billion by 2028, highlighting its immense potential.
Survey: Nearly Half of Brazilian Bettors Favor Platforms with Easy Withdrawal Options
A recent survey by Zimpler, a European instant payment processor, reveals that 49% of Brazilian bettors prefer betting platforms that offer easy withdrawal of winnings. The study, which surveyed over 800 participants, found that 37% of bettors switched sportsbooks due to slow payment processes. Additionally, 46% of respondents emphasized the importance of user-friendly platforms, while 33% considered regulatory compliance crucial. The online gaming market in Brazil has surged by over 430% in the past two years, making it the fourth largest globally. As the market continues to grow, providing secure and instant transactions is essential for platforms to stay competitive.
UK Gambling Commission Launches Pilot for Financial Risk Checks
The UK Gambling Commission is set to begin a pilot program for financial risk assessments on August 30, 2024. This initiative aims to implement “light touch” checks on customer accounts with deposits exceeding £500 per month, eventually lowering the threshold to £150 by February 2025. The pilot involves collaboration with credit agencies and online gambling operators to evaluate the impact on customers. The goal is to identify high-spending customers who may be facing financial difficulties without disrupting the majority of recreational gamblers. The Commission aims to ensure that operators can access limited but relevant financial data to provide appropriate support and mitigate potential harm.
Brazilian Senate Urged to Vote on Casino Bill by End of September
Senator Irajá Abreu is advocating for the Brazilian Senate to vote on the long-pending casino bill by the end of September 2024, ahead of municipal elections. The bill, known as Bill 2,234/22, aims to legalize land-based casinos, bingo, horse racing betting, and instant win games like jogo de bicho. The proposed legislation has received support from key industry figures, including the presidents of the Legal Gaming Institute and the Rio de Janeiro State Lottery. Abreu expressed confidence in securing enough votes to pass the bill, which has faced opposition from evangelical politicians. The bill’s approval could create a regulated environment for gambling, reducing the influence of organized crime.
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
