News - Page 17

Recently, India's Ministry of Information and Broadcasting (MIB) has issued a stern warning to social media influencers, endorsers, and intermediaries about the dangers and legal implications of promoting offshore gambling and online wagering platforms, including surrogate advertising. In a move to reinforce the country's stringent policies against gambling, the ministry has laid out specific guidelines and potential legal consequences for those who choose to disregard the advisory. This development not only underscores India's commitment to curbing illegal gambling activities but also highlights the evolving landscape of digital advertising and the responsibilities of social media platforms.

Posted on: March 25, 2024, 05:04h. Last updated on: March 25, 2024, 05:04h.

The upcoming SBC Summit North America, scheduled for May 7-9, promises to be a pivotal event for professionals in the affiliate industry. With a comprehensive agenda that spans the breadth of the sector, the summit aims to dissect the current landscape, tackle pressing challenges, and unveil the manifold opportunities that lie ahead. Particularly noteworthy is the Affiliate & Marketing track, set to unfold on May 8, which will encapsulate the essence of brand building, content creation, and the transformative power of big data.

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The phrase "March Madness" has never been more apt, with the latest record in completed brackets for ESPN’s Men’s Tournament Challenge truly embodying the term. The staggering 22.6 million brackets placed on the games set for March 22, 2024, have shattered last year's record by 13 percent, setting a new all-time high and fueling the fervent atmosphere surrounding the popular NCAA basketball tournament.

In a twist that reads more like a screenplay than a sports headline, the Los Angeles Dodgers announced the termination of Ippei Mizuhara, the interpreter and close confidant of Japanese baseball sensation Shohei Ohtani, on Wednesday, March 20, 2024. The cause? Allegations of illegal gambling and theft that have sent shockwaves through the baseball community and beyond.

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In what can only be described as a monumental leap for online gambling, Pennsylvania has shattered its previous records, setting a new high in the realm of internet casino revenue this February. The figures, as reported by the Pennsylvania Gaming Control Board (PGCB), are nothing short of stellar, with revenue reaching an unprecedented $184.9 million. This marks a 40% increase from the $131.6 million recorded in February of the previous year, signaling a robust growth trajectory in the Keystone State's iGaming sector.

Wazdan, the renowned slots developer and aggregator headquartered in Valletta, Malta, is riding high on a wave of strategic triumphs. In a double-barreled announcement that underscores its growing industry footprint, Wazdan has revealed a significant expansion into the Swiss market alongside a prestigious industry nomination that highlights its creative prowess.

In a turn of events that felt more like a plot twist straight out of a Las Vegas drama, MGM Resorts International found itself at the center of a whirlwind of rumors, speculation, and media frenzy. The buzz? That international superstar Bruno Mars was allegedly in deep with a gambling debt, owing a staggering $50 million to the entertainment giant. But before this rumor could turn into a full-blown scandal, MGM Resorts stepped forward to clear the air, and what they had to say might just surprise you.

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DraftKings, the sports betting behemoth, is shaking things up in its executive suite. Jason Park, who has helmed the company's finances as the Chief Financial Officer since June 2019, is transitioning to a new role within the company. Stepping into Park's big shoes is Alan Ellingson, the current Senior Vice President of Finance and Analytics. This significant baton-passing is set to occur on May 1, marking a new chapter in DraftKings' corporate narrative.

Posted on: March 18, 2024, 03:29h.
Last updated on: March 18, 2024, 03:34h.

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In February 2024, the glitzy casinos of Atlantic City didn't have luck on their side, marking the second straight month of year-over-year declines in gross gaming revenue (GGR). This trend has raised eyebrows and prompted a closer examination of the dynamics at play within New Jersey's famed gambling hub.