Location: Iceland

European Gaming

Regulatory Changes in the Online Casino Industry in Europe: Impacts and Implications

The online casino industry has witnessed a significant transformation in Europe in recent years due to regulations imposed by governments across the continent. Concerns about gambling addiction, consumer protection, and money laundering have driven the changes. These regulations have impacted online casinos in several ways, including the types of…
Industry
Regulatory Changes in the Online Casino Industry in Europe: Impacts and Implications
insidehighered.com

U of Iceland criticized for plan to host casino

The University of Iceland's reliance on gambling income has come under fresh scrutiny after operators pitched expansion into online games and the opening of a casino, despite academics raising concerns about addiction. Gambling is generally banned in Iceland, but the university is one of a handful of public service organizations permitted to run…
Gambling Addiction
U of Iceland criticized for plan to host casino
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💸 Andreessen Horowitz invests $40m in 🕹️ The investment giant has funded the Icelandic firm to focus on massively multiplayer online gaming. Read more ⤵️

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Times Higher Education

Iceland’s university casino idea ‘preposterous’

The University of Iceland's reliance on gambling income has come under fresh scrutiny after operators pitched expansion into online games and the opening of a casino, despite academics raising concerns about addiction. Gambling is generally banned in Iceland, but the university is one of a handful of public service organisations permitted to run…
Lottery
Iceland’s university casino idea ‘preposterous’
London Post

How Big Is The Online Gaming Industry, And What Are The Recent Trends?

The online gaming industry has been making waves in the last few years. It's a huge business and one that doesn't look like it'll be slowing down any time soon. It could be growing more significant than it already is. The online gaming industry is a global phenomenon with revenues in the billions of dollars. It encompasses all online games,…
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TV Tonight

Traitors low for 10 but HYBPA? still wins Monday slot

Night two of 10's new reality offering did not improve on its low premiere of 257000 but the network bounced back with a comedy favourite. The Block was still way out in front of the entertainment pack at 790000 metro viewers and topped the demos. 7:30 (548000), AGT (470000), Australian Story (436000) and The Traitors (253000). But Have You Been…
Incidents
Traitors low for 10 but HYBPA? still wins Monday slot
EconoTimes

How might the cost of living crisis affect the UK gambling industry?

The cost of living is rising and has been continuous since 2021. In April 2022, inflation reached the highest level on record. It is expected to peak at almost 9% by Q42022. Soaring energy prices have seen domestic gas prices rise by over 94% and domestic energy up by 54%. This, coupled with increased demand for consumer goods and supply chain…
Industry
How might the cost of living crisis affect the UK gambling industry?
Times Higher Education

University of Iceland ‘addicted to slot machine income’

Iceland's oldest university is facing mounting pressure over an unusual funding source in a country in which gambling is largely banned - Las Vegas-style betting machines. The University of Iceland's estates budget has been funded almost exclusively via a lottery since 1933, when the institution was granted an exemption from a nationwide…
Gambling Addiction
University of Iceland ‘addicted to slot machine income’
Times Of Casino

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Casino Industry Is Rapidly Adapting to the New Era of Online Entertainment

In this day and age, online entertainment is no longer a novelty. However, the global pandemic really put this form of entertainment into the spotlight and helped it evolve even further. Confined to our homes, with gatherings limited, turning to electronics and the internet to stay entertained and up-to-date became a new normal. Each and every…
Industry
iGaming Business

UK National Lottery sales reach record £3.96bn in H1

Total sales for the six months from 1 April to 25 September were 2.7%, or £107.3m, higher than in the corresponding period last year. The operator credited this growth to a record digital performance and innovations that raised interest in its draw-based games, as well as a strong brand presence around UK coverage of the Tokyo Olympics. Draw-based…
Lottery
UK National Lottery sales reach record £3.96bn in H1
EconoTimes

A look into gambling laws in Scandinavia

With the growth of online gaming, most countries have had to take a decisive stance on whether they wish to legalize gambling altogether. Unlike the traditional brick-and-mortar casinos, whose regulation and control was easier, online gaming quickly permeates borders, thus necessitating the adoption of decisive measures. Among the Scandinavian…
Law
A look into gambling laws in Scandinavia
The Star

Kenyan welder wins Sh9m Mozzart jackpot

A Kenyan welder is smiling all the way to the bank after hitting a whopping Sh9.9m jackpot with online betting firm Mozzart Sport on Wednesday. John Nyokie, 44, from Naivasha in Nakuru county said he skipped paying rent for two good months while placing his bet on Premier League matches. "It is a league I understand well, sometimes it is really…
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Kenyan welder wins Sh9m Mozzart jackpot
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The News Review

Las Vegas in the fall

If Las Vegas is on your travel bucket list, or you're a fan but haven't visited in awhile, this is a good time to start planning a trip. Hotels and casinos are open, entertainment is returning and a thrilling new attraction will open this fall. You can enjoy your visit with the knowledge that the city's hotels and resorts have health and safety…
Covid
Las Vegas in the fall
Enfield Independent

Camelot sees record lottery sales despite pandemic

National Lottery operator Camelot revealed sales jumped nearly 6% in the past year as bored households turned to lottery tickets, scratchcards and online games in record numbers. The company said as a result of the high uptake, donations to good causes hit £1.9 billion, including £1.2 billion in Covid-19 support, making the lottery the biggest…
Covid
Camelot sees record lottery sales despite pandemic
The Reykjavik Grapevine

Olís, Snælandsvídeó, Núpalind and Skálinn All Stopped Using Slot Machines In Their Stores

Olís, Snælandsvídeó, Núpalind and Skálinn in Þorlákshöfn have all stopped using slot machines in their stores, Fréttablaðið reports. The reason being is they say that they have a social responsibility to do so. Two weeks ago, a lawyer for the Gambling Addiction Association (SÁS) sent a letter to the University Lottery stating that the use of slot…
Lottery
Olís, Snælandsvídeó, Núpalind and Skálinn All Stopped Using Slot Machines In Their Stores
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