State Regulator Calls on CFTC to Restrict Prediction Markets

(AsiaGameHub) -   The Pennsylvania Gaming Control Board (PGCB) has issued a warning to federal regulators, cautioning that the rapid expansion of prediction markets could undermine years of careful gambling oversight. In a sharply worded memo, the PGCB criticized the Commodity Futures Trading Commission (CFTC) for allowing platforms offering event-based…

400 Horses Casino Opens in Polson, Montana

(AsiaGameHub) -   Situated in Polson, the 35,000-square-foot facility offers approximately 300 gaming machines. The newly opened 400 Horses Casino is now operational in Polson, Montana, having been completed ahead of schedule. The Indian Gaming Association (IGA), together with the Confederated Salish and Kootenai Tribes and S&K Gaming, participated in…

UK Gaming Commission Seeks Head of Illegal Markets

(AsiaGameHub) -   The United Kingdom’s Gaming Commission (UKGC) has announced that it is seeking a head of illegal markets. This move comes amid growing challenges posed by illegal gambling operators in Great Britain. The Head of Illegal Markets Will Assist in Combating Illegal Gambling The UK regulator described the…

Executives in the gaming industry stay optimistic as industry growth persists; contracts for sports events are causing growing concern in the industry

(AsiaGameHub) -   The American Gaming Association has reported a 21.4 per cent net positive outlook among executives, despite 81 per cent identifying sports event contracts on prediction markets as a significant risk. US – The American Gaming Association (AGA)’s latest Gaming Industry Outlook has shown that gaming executives hold…

GR8 Tech Launches Revamped GR8_Sportsbook

(AsiaGameHub) -   The company stated that the sportsbook transforms the player experience, gives operators commercial control, and unlocks more revenue-driving opportunities from day one. Press release.- Players expect more. Markets move faster. Margins get tighter. Operators are still too often stuck with sportsbook technology that looks identical, feels generic,…

Flutter announces exit of FanDuel CEO Amy Howe

(AsiaGameHub) -   The company’s president, Christian Genetski, will lead the business. US.- Flutter Entertainment has announced that Amy Howe has left the company and her role as chief executive officer of FanDuel. Christian Genetski, FanDuel’s president, will lead the business. Genetski joined FanDuel in 2015. Flutter says he “played…

DATA.BET collaborates with Infront

(AsiaGameHub) -   The firm is enhancing its sports-related capabilities. DATA.BET has bolstered its tennis portfolio by incorporating official sports data through a new alliance with Infront, a prominent provider of sports data and content. As part of its current product growth strategy, DATA.BET is focused on increasing its reach…