Latest News
VIXIO GamblingCompliance Global Regulatory Awards 2022 Nominations Now Open
VIXIO GamblingCompliance is delighted to ofcially open the nomination period for the sixth annual Global Regulatory Awards. VIXIO is looking to build on the success of last year’s awards where we received a record number of nominations. We will be introducing new categories such as Regulatory Initiative of the Year and Responsible Approach to Advertising or Marketing, as well as enhancing some of our most popular awards, bringing the number of categories this year to 20.
Nominations will ofcially close on June 30, 2022, meaning potential nominees have just over three months to get their entries in. Submitting a nomination is free, quick and easier than ever before and is open to industry newcomers and veterans alike.
Since their launch in 2017, the independently adjudicated Global Regulatory Awards have become the biggest of their kind, recognising and celebrating those who demonstrate excellence in responsible gambling, and are growing in importance as the industry moves towards a stronger culture of compliance. Winning a prestigious award is a sign of excellence, and can enhance your reputation as a leader in the feld of compliance and safer gambling.
Mike Woolfrey, VIXIO CEO, said: “VIXIO is proud to provide a platform to showcase the great work going on within the gambling industry. We continue to be delighted by the record number of high-quality nominations we receive each year, meaning winning an award really is a clear demonstration of dedication towards regulatory compliance and safer gambling.
We are lucky to be able to work with an independent panel of judges made up of talent industry experts ensuring that every individual or team has an equal opportunity for recognition.”
This year’s VIXIO GamblingCompliance Global Regulatory Awards ceremony will be held on November 30, 2022, and we will be returning to the prestigious De Vere Grand Connaught Rooms in Central London, the site of the 2021 ceremony where over 250 senior industry professionals joined VIXIO to celebrate the achievements of that year’s star-studded class of winners.
Latest News
Pennsylvania Gaming Control Board Releases Annual Report
The Pennsylvania Gaming Control Board (“PGCB”) has released the 18th edition of its Annual Report.
The PGCB’s 2023-2024 Annual Report provides detail on the work of the agency in regulating the Commonwealth’s gaming industry, and also includes:
- individual revenue figures during another record-setting fiscal year for slot machines, table games, sports wagering, internet gaming, fantasy sports contests and video gaming terminals at eligible truck stops;
- a year in review report with pertinent statistical figures from the PGCB’s key bureaus;
- information on the PGCB’s efforts to stop adults from gambling while leaving minors unattended; and,
- a section on problem gambling and the PGCB’s Self-Exclusion Program.
The PGCB was established in 2004 through the passage of the Pennsylvania Race Horse Development and Gaming Act. Since then, it has become one of the pre-eminent gaming regulators in the world overseeing all aspects of gambling in the Commonwealth. Currently, the number of outlets for the various types of gaming regulated by the PGCB are:
- 17 land-based casinos;
- 18 retail sports wagering locations;
- 12 online sports wagering sites;
- 22 sites for online casino-type games (slot machines, table games, poker);
- 74 truck stop establishments with Video Gaming Terminals (VGTs); and,
- 9 online fantasy sports contest sites.
In addition to supporting nearly 16,000 jobs at casinos, overall gaming revenue reached a record high during the fiscal year generating $5.89 billion and resulting in $2.54 billion in tax revenue.
The 2023-2024 Annual Report can be downloaded as a PDF document by choosing Organization Reports under the About PGCB tab on the agency’s website.
Latest News
Allwyn International a.s. relocates to Switzerland
Allwyn, a leading multi-national lottery operator headquartered in Switzerland, announced that the Allwyn entity Allwyn International a.s. (“AIAS”) has relocated from the Czech Republic to Switzerland. Effective 1 October 2024, AIAS has become a Swiss entity (under the new legal name Allwyn International AG) and has transferred its place of business to Switzerland.
As of the date of relocation, the €500 million 3.875% senior secured notes due 2027 (the “2027 Notes”) originally issued by AIAS have been transferred to Allwyn Entertainment Financing (UK) Plc, as substituting issuer. Allwyn Entertainment Financing (UK) plc is the issuer and borrower of certain other Allwyn bonds and loans. AIAS has become a guarantor of the 2027 Notes, which continue to be guaranteed and collateralised pari passu with other indebtedness under Allwyn’s intercreditor agreement dated 16 December 2020.
The relocation has no effect on Allwyn’s workforce or lotteries and gaming operations in the Czech Republic.
The post Allwyn International a.s. relocates to Switzerland appeared first on European Gaming Industry News.
eSports
Oddin.gg Breaks New Ground as Ohio Marks its 5th North American Betting License
Oddin.gg is proud to announce that it has secured a full 3-year sports betting license in Ohio, further strengthening its standing as the esports betting solutions provider with the most licenses in North America. With this latest addition, Oddin.gg now holds four US licenses—New Jersey, Colorado, West Virginia, and Ohio—and a total of five across North America, including Ontario, Canada.
The Ohio license is a strategic milestone, as the state is set to become one of the most active betting markets in the American Midwest. According to projections from the Ohio Legislative Service Commission, the state’s sports gaming market is expected to reach approximately $3.35 billion annually as it matures. By securing this license, Oddin.gg is well-positioned to support operators in tapping into this significant potential.
Obtaining the Ohio license also demonstrates Oddin.gg’s ability to meet the state’s comprehensive regulatory standards, which include arduous assessments of financial stability, operational integrity, and adherence to state laws. This achievement reinforces Oddin.gg’s reputation for compliance and reliability, enhancing its capability to deliver full-service esports betting solutions tailored to a growing market.
Ohio’s sports betting legislation imposes a 10% tax on sports gaming receipts, contributing to public education and initiatives supporting veterans in the state. Oddin.gg’s entry into this regulated environment reinforces its role as a leader in shaping the future of esports betting in the US while offering operators a pathway to engage with a new generation of bettors in a secure and exciting way.
Vlastimil Venclík, CEO of Oddin.gg, shared his enthusiasm about the news: “Securing a license from the Ohio Casino Control Commission is a significant step in our North American journey. Ohio is poised to become one of the most dynamic betting markets in the US, and gaining this
approval aer meeting the state’s rigorous standards is a true reflection of our commitment to integrity and excellence both in Ohio and beyond. However, this license isn’t just about expanding our reach; it’s about ensuring our partners have access to market-leading esports betting solutions that fully align with all local regulatory requirements.”
He continued, “Ohio’s market is gearing up to be something special, and we’re excited to help operators tap into that potential. As esports betting continues to evolve, Oddin.gg is ready to provide the expertise, technology, and support to make sure our partners succeed.
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