Summit of the SBC concludes, MIXI gains dominant vote in PointsBet; sweepstakes organizations consolidate
In the ever-evolving world of gambling, several significant events have taken place recently. Here's a snapshot of some of the key happenings:
The National Gambling Helpline in Great Britain has emphasised the effectiveness of its Money Guidance Service, which has been instrumental in bringing positive change to individuals affected by gambling-related financial harm.
In the technology sphere, CloudKleyer Frankfurt GmbH participated in SBC Summit 2024, showcasing their Remote-Hands-Service for IT hardware maintenance and their partnership with DE-CIX for cloud connectivity. The event, focused on the iGaming industry, provided insights into innovations in stable and secure IT solutions for iGambling and optimised data exchange through cloud partnerships.
MIXI Australia has secured a 66.43% stake in PointsBet, a move that was the culmination of months of intense debate and rival bids by Betr. MIXI achieved its goal of securing a controlling stake, an ambition it had expressed as early as February this year.
The gambling landscape in the Netherlands and Australia has seen changes too. The Netherlands Gambling Authority has released new guidance to improve the duty of care for land-based gaming halls, while the Australian authorities have analysed the existing duty of care and conducted on-site visits to gaming arcades across the country.
The Dutch gambling watchdog has also compiled a list of recommendations for improvement following the analysis and visits. Meanwhile, the Social and Promotional Gaming Association (SPGA) and the Social Gaming Leadership Alliance (SGLA) have merged their efforts, with the SGLA absorbing the SPGA under its umbrella to have a stronger argument against anti-sweepstakes legislation in the United States.
The California gambling scene could witness a shift if a bill is passed, making the state one of a handful that outright prohibit sweepstakes, potentially emboldening similar moves elsewhere. However, the SGLA has urged California Gov. Gavin Newsom not to sign a bill into law that would outlaw sweepstakes social casinos.
In legal matters, Massachusetts' Attorney General has filed a lawsuit against Kalshi, alleging that the platform is offering illegal forms of gambling without the necessary license. On the other hand, Kalshi argues that the platform is regulated under federal laws and the CFTC and is not subject to state betting regulation.
The gambling industry has also seen leadership changes. RubyPlay appointed Tsachi Maimon as its new CEO, and Ezugi appointed Gilad Ben-Ami as its new CEO, who was previously the company's COO since 2017.
Lastly, Gaming Arts and Evolution announced a partnership to adapt Evolution's online slots for the land-based sector. The adaptation will be carried out through Bluhare Studios, a Gaming Arts development arm, and will bring blockbuster games such as Starburst to Gaming Arts' MOD EX J55, MOD EX 227, and MOD EX 337 gaming cabinets.
These developments underscore the dynamic nature of the gambling industry, with changes and advancements continually shaping its landscape.
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