MGM to sell their Bellagio Resort
MGM have announced their decision to sell Bellagio, Blackstone Real Estate Income Trust is going to buy the resort for $4.25 billion. MGM also plans on selling another resort.
UK Lotto Player Wins £170 Million
EuroMillions jackpot of £170 million has been awarded to a ticket holder in the UK and we are yet to see whether the player will decide to reveal their identity or not.
UKGC to Ban Bonus Buys
After FOBTs and loot boxes, the UKGC is now after bonus buys and it seems that games featuring bonus buys will be banned in the UK. Operators will need to be looking at ways to solve the issue, either issue second edition of games featuring bonus buys, or disallowing the games altogether.
Key gambling issues discussed by Nordic Panel
A panel discussion was held and a number of representatives of gambling operators and other stakeholders participated and expressed their views on the industry and how to proceed with regulations and policies.
32Red sanctioned for a problematic ad
32Red displayed an ad featuring Jack and the Beanstalk slot, a game based on the fairytale of the same name. The ASA has sanctioned the operator and they stop this advertising campaign immediately.
Gambling in the UK – Statistics and Numbers
UK punters have spent a total of £14.5 billion on gambling, and most of these funds were wagered online.
Pressure on Government to act on loot boxes
Loot boxes are a huge market, and companies sell $30 billion of loot boxes annually. But the nature of loot boxes is very close to gambling and there's increased pressure on the Government to regulate and restrict the sell of loot boxes.
UKGC Will Not Make Gamstop Mandatory Just Yet
It appears that operators will not be required to sign up to Gamstop after the UKGC reported that the system isn't yet ready for universal implementation.