27 July: Regulators, Sponsors and $800M Jackpot
Fresh regulatory actions hit operators in Italy and the UK while Coral secured a landmark shirt deal and Mega Millions climbed to $800M.
Regulators and sponsors advanced several stories on 27 July.
Regulatory Actions
Italy Cracks Down on Illegal Gaming Hubs, Levies $23K in Fines from gamblingnews.com shows authorities targeting unlicensed sites with penalties that reached that total. The moves focused on shutting down illegal operations in the market. DrawHouse Warns UK Prize Draw Operators About New HMRC VAT Changes from gamblingnews.com alerts operators to upcoming tax adjustments they must apply to prize structures. UK gambling regulator commits to publishing FRA evidence in Autumn from sbcnews.co.uk sets an autumn release date for additional research findings. Illinois to Take Gambling Harm More Seriously as SB 2749 Becomes Law from gamblingnews.com introduces fresh steps to address problem gambling in the state. China Spearheads International Alliance Against Online Fraud from gamblingnews.com describes a new cross-border push to curb fraud schemes.
Sponsorship Moves
Birmingham City becomes Coral’s first front-of-shirt partner in 100-year history from sbcnews.co.uk records the operator entering a kit sponsorship for the first time in its long history. Sponsor Spotlight: Active week for sports and operators across the board from sbcnews.co.uk summarises multiple deals completed in the same period.
Key regulatory updates included these items:
- Italy fines on illegal hubs reached $23K
- UK VAT changes for prize draws
- Illinois harm bill signed into law
- China fraud alliance launch
Jackpot and Product News
Mega Millions Jackpot Crosses Another Threshold, Reaches $800M from gamblingnews.com tracks the prize rising past the prior level. Evolution Faces Unexpected Takeover Bid from gamblingnews.com reports an unsolicited offer directed at the live-casino provider. The Star Entertainment Publishes Unaudited Q4 Financials from gamblingnews.com releases unaudited figures for the quarter. Mark Cuban-Backed Group Invests Reported $50M in Las Vegas A’s from casino.org notes the reported investment sum directed at the team.
Join the Turtle Mob in NetEnt’s Spice Slot from gamblingnews.com promotes a new slot title featuring turtle characters.