LOTTERY DIGEST - WEEKLY NEWS
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Google Tightens German Gambling Ad Policies to Combat Black Market
Google is set to update its German gambling and games policy on September 25, 2024. Only operators and affiliates licensed by the Gemeinsame Glücksspielbehörde der Länder (GGL) will be eligible for advertising certification. This move aims to curb the rampant unlicensed gambling market in Germany. Previously, Google allowed ads from companies without verifying their licenses. The new policy will revoke certifications for unlicensed entities, including those offering gambling aggregation services. This change comes amid ongoing debates about the size of Germany's illegal gambling market, with estimates ranging from 4% to nearly 49% of total activity. The Deutscher Onlinecasinoverband (DOCV) has urged for quicker implementation of regulatory measures to combat the thriving black market.
Tribal Gaming Revenue Hits Record $41.9 Billion in 2023 Despite Narrowing Margins
The tribal gaming industry in the U.S. achieved a record-breaking revenue of $41.9 billion in 2023, according to the 26th Annual Indian Gaming Cost of Doing Business report. This marks a significant increase from the previous year's $40.9 billion. However, profit margins have continued to decline, dropping from 30% in 2022 to 26% in 2023. The report, which includes data from 132 tribal casinos across 18 states, highlights the resilience of the industry despite economic challenges. Key revenue drivers include slot machines, while sports betting remains a minor contributor. The findings underscore the importance of strategic planning for tribal casinos to maintain financial health and support their communities.
UAE Sees Rising Public Interest in Gambling Amid New Casino Developments
A recent survey reveals a surge in public interest in gambling within the UAE, driven by the upcoming Wynn Resorts casino project in Ras Al Khaimah. The survey, conducted by Dubai Casinos, indicates that 90% of respondents are aware of the project, with 56% expecting significant economic benefits, including increased tourism revenue and job creation. However, 34% express concerns about potential social issues like gambling addiction. The project, set to open in 2026, aims to transform Ras Al Khaimah's tourism landscape. While 60.8% believe Dubai will remain the top tourist destination, 32.4% see Ras Al Khaimah emerging as a significant hub1. Balancing economic growth with social responsibility remains a key challenge.
Denmark's Gambling Authority Enhances Responsible Gambling Measures Amid Industry Growth
The Danish Gambling Authority (DGA) is intensifying its efforts to promote responsible gambling as the nation's gambling industry expands. In August 2024, the DGA successfully blocked 79 illegal gambling websites, bringing the total to 162 for the year, the highest since 2012. These sites often target younger audiences with skin betting and virtual currencies from popular games like Roblox. Anders Dorph, Director of the DGA, emphasized the importance of protecting children from gambling elements in video games. The DGA uses DNS blocking technology to prevent access to illegal sites and redirects users to a warning page. The StopSpillet helpline reports that 41% of its calls come from individuals under 26, highlighting the need for increased awareness and preventive measures.
Belgium Raises Minimum Gambling Age to 21 Across All Sectors
Belgium has standardized the minimum legal age for gambling to 21 across all sectors, including sports betting, arcades, and bingo. This new regulation, confirmed by royal decree in August 2024, aligns with the existing age requirement for land-based casinos, which has been in place since 2018. The change aims to curb gambling addiction among the youth, a concern highlighted by the Flemish center of expertise for alcohol, illegal drugs, and gambling. However, licensed operators worry that the stricter age limit may drive players to illegal offshore sites. The new law is part of Belgium's broader efforts to regulate the gambling industry, which also includes a ban on gambling advertisements and bonuses.
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.
