Tabcorp reportedly slashes jobs by 10% in cost-saving drive

Tabcorp Holdings has slashed 20 percent of the workforce to cut costs and simplify its business, the Australian Financial Review has reported.

Breaking down barriers to sweepstakes growth in the U.S.

Imagine you enter an online sweepstake for the chance to change your life by winning big. But then you discover your state has different rules. Or worse still, bans the activity outright. This regulatory maze is the reality for sweepstakes operators in the U.S., where federal laws provide a foundation, but state laws create a patchwork of challenges. The second instalment in our five-part series on sweepstakes gaming examines how operators manage diverse regulations while expanding in a dynamic market.

UK racing faces £3 billion deficit as affordability checks hit online betting

The British horseracing industry is in a state of financial crisis. New figures have revealed that online betting turnover has plummeted by a colossal £3 billion in the last two years. This amounts to a 25 percent reduction in wagers and is being blamed on affordability checks which have recently been introduced. To gamble responsibly in the UK, bettors must undergo affordability checks, providing financial details as proof of their means.

Legal loophole or future opportunity? Exploring the rise of sweepstakes gaming in the U.S.

Imagine winning a grand prize without spending a dime. This is the allure of sweepstakes gaming, a booming industry in the U.S. The sweepstakes industry has undergone a remarkable transformation in recent years, blurring the lines between marketing and gambling in a fast-growing market valued at billions. With federal laws enabling this unique form of promotional gaming and a complex patchwork of state regulations, sweepstakes operators have carved out a fertile yet contentious space for expansion.

Andrea Giuliani: ‘Bettors aren’t just playing to win’ in social sweepstakes

In the latest issue of SiGMA Magazine, Andrea Giuliani, the Head of Commercial at WA.Technology, shares insights into the world of social sweepstakes and their role in enhancing customer engagement. He delves into the history of sweepstakes and the impact of the social play involved in the game in this rapidly evolving landscape of the betting industry.

GR8 Tech: The future of sportsbook evolution

In a four-page interview featured in Issue 30 of SiGMA Magazine, Yevhen Krazhan, the Chief Business Development Officer of GR8 Tech, discussed the company's approach to business development. He elaborated on how they navigate the complexities of expanding into new markets and building relationships. Krazhan also highlighted GR8 Tech's flagship products, including the GR8 Sportsbook, and explained what differentiates them in the competitive sportsbook market.

PL referee David Coote denies claims of betting-related corruption

David Coote, a prominent Premier League referee, is under investigation for allegedly manipulating a Championship match in 2019 to help a friend win a bet. Despite denying any wrongdoing, the allegations have raised serious questions about integrity in professional football.

How Richard Marcus scammed casinos for $36.6 million

Richard Marcus reveals how he deceived casinos out of $36.6 million with his infamous tricks, including the "Savannah" move.

South Africa’s billion-dollar betting craze

The South African sports betting industry has experienced explosive growth, surging to a staggering R700 billion (over USD 38 billion) in annual wagers. This rapid expansion has caught the attention of industry insiders and policymakers alike. A confluence of factors has contributed to this remarkable growth, such as regulatory relaxation, a pandemic-fuelled boom, technological advancements and strategic marketing. 

Could a 1% excise tax topple Peru’s betting industry?

Peru’s betting market faces uncertainty as a new 1% excise tax threatens growth, potentially driving customers toward unregulated platforms.