Gambling.com Group has a new chief member of the board of directors with Michael Quartieri stepping into the position after a unanimous vote. Quartieri is an important hire as he will assist the company to pursue its further ambitions in the online gambling market and expand rapidly in the sector. His appointment was welcomed by Gambling.com CEO Charles Gillespie who added: Michael brings an exceptional track record to Gambling.com Group and is a renowned and highly respected executive within the gaming and entertainment industry, as well as among institutional investors and analysts. Gambling.com CEO Charles Gillespie A Well-Seasoned Career Professional He is a well-seasoned industry veteran who has held various…
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Google Removes Gambling Products from Rich Results
Google has passed changes to the way its Rich Results are displayed with the company confirming that it will now consider certain high-risk products as unfit to be featured in the section. The company warned operators and affiliates that their products may be excluded from the Rich Results category if they are “prohibited, regulated or harmful products.” Google Takes Aim at Rich Results for Harmful Products Starting in July, the company has said that it would no longer allow advertisers of such products, including recreational drugs, tobacco, vaping, and gambling among others, to mark up their content for Rich Results. The new content policies are brief but they mark the…
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US Casinos Record Best Month Ever Despite Inflation
If the economy is any indicator of how things are going, the gambling industry seems impervious to recent uncertainties. It’s business as usual in US casinos nationwide, which have seen an uptick in sales. Despite the lingering coronavirus, spiraling inflation, and a sluggish financial market, March 2022 saw the highest casino revenue month ever recorded to date. According to the American Gaming Association (AGA), those numbers spiked to $5.31 billion, beating out the previous $4.92 billion single-month record in July 2021. While many businesses are still picking up the pieces of the last few years, commercial casinos are booming. March and Q1 Break US Casino Records Not only was March a…
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UK Couple Wins Record-Breaking US$230 Million Playing Lottery
Joe and Jess Thwaite won a record-breaking US$230 million with a lucky dip lottery ticket. From Gloucester, England, the couple now plans to repair their home, take their children to Hawaii, and enjoy “time to dream.” Biggest Ever Lottery Haul Married couple Joe and Jess Thwaite had long envisioned a countryside lifestyle with plenty of room for their children, three ponies, dogs, chickens, and geckos. They finally moved into a house in Gloucester, but they faced a laundry list of repairs before it could become their dream home. Little did they know, on the morning of May 11, their lives would drastically change for the better. The Thwaites won the…
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Romanian Gamblers Prepare for 40% Tax on Withdrawals
The Romanian Ministry of Finance has published its latest Fiscal Code draft featuring a massive 40% tax on casino withdrawals. The fresh code that contains additional updates to other important tax laws in the country has already sparked controversy among trade bodies in the industry. Among them, the Association of Remote Gambling Organizations (AOJND) voiced its opinion on the new tax on casino withdrawals. Players May Turn to Illegal Gaming Websites AOJND believes that provided the new tax would come into effect, it would force many players to direct their attention to operators outside the law, in an attempt to escape the huge tax. As a result, the country’s online…
