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The expansion of the gambling industry in North Carolina has ignited a fierce debate, marked by intense lobbying, substantial political donations, and strategic manoeuvring. A new report, based on state and federal disclosures, alleges that the gambling industry has contributed approximately $3 million to influence legislative decisions.

In 2021, North Carolina introduced retail sports betting, followed by . Three years later, the debate focuses on the potential establishment of new casinos, which has intensified lobbying efforts and increased political donations.

A , a political analyst and former executive director of , a nonpartisan organisation that aims to strengthen democratic structures, reveals the extensive financial influence of gambling interests in the state. According to Hall, between January 2022 and March 2024, the gambling sector donated over $3 million to North Carolina candidates and allied committees supporting their re-election campaigns.

Key players in the gaming industry have allegedly made substantial contributions. For instance, The Cordish Companies, developers of a proposed casino in Rockingham County, North Carolina, donated $50,000, according to Bob Hall’s analysis of state and federal reports. Bob Hall also states that Grover Gaming, a major video poker machine vendor based in Greenville, NC, contributed $635,850.

The distribution of these funds heavily favours Republican candidates and affiliated committees who align with the industry's interests and policies. Hall's report states that $2.1 million was donated to two federal committees. These committees subsequently supplied 90% of the funding for "Citizens for a Better North Carolina", another committee overseen by Senator Phil Berger, whose primary activity is to fund political campaigns.

The expansion of gambling activities in North Carolina has sparked both support and opposition. Critics, such as anti-gambling organisations and concerned citizens, raise alarms about the potential social and criminal consequences. The North Carolina Sheriffs' Association has specifically warned about possible rises in crime associated with gambling.

They also argue that the tax revenue from the gambling industry, often highlighted by advocates for expansion, ultimately originates from economically disadvantaged individuals who finance these companies through their wagers.

However, supporters of the expansion argue that the revenue generated from gambling could be earmarked for law enforcement, potentially mitigating these concerns and providing additional resources for public safety initiatives.

 Summit powered by Soft2Bet, will take place in Budapest from 2-4 September 2024.

The Juroszek family, known for their former majority ownership of STS Holdings, has recently increased their stake in the Gaming Innovation Group (GiG) to 25.06 percent. This strategic move marks a .

The shares are distributed among various entities controlled by the Juroszek family. These include MJ Foundation Fundacja Rodzinna, ZJ Foundation, Betplay Capital Sp. z o.o., Betplay Capital Foundation, Juroszek Holding Sp. z o.o., and MJ Investments Sp. z o.o. Collectively, these entities now own a total of 33,722,302 shares in GiG, representing approximately 25.06 percent of the total registered share capital and voting rights in the company.

The transaction was initiated by MJ Foundation, a company related to Mateusz Juroszek, a primary insider and Board Member of GiG. The foundation agreed to purchase 6,069,375 shares in GiG at a price of SEK 27.00 per share. Following this transaction, MJ Foundation now holds 11,088,810 shares, representing approximately 8.24% of the total registered share capital and voting rights in GiG.

Mateusz Juroszek, (picutred on left, above), expressed his family’s long-standing involvement in GiG, stating, “GiG is one of the most attractive and interesting iGaming companies on the public market. We see great potential in this company and in the industries in which it operates. As a family, we should be the ones to stand up and show our commitment – we want to be the biggest shareholders as we believe in the businesses.”

The Juroszek family’s representation in the company’s top management is evident through Mateusz Juroszek’s board seat on the recently rebranded Gentoo Media arm. His brother, Tomasz Juroszek, is also a board member of the sportsbook & platform division.

The shares were partly purchased from New Zealand casino group SkyCity Holdings, which sold its 10 percent share in GiG to the Juroszek family. SkyCity stated that the proceeds of the sale, totaling $55 million after brokerage and legal costs, would be used to pay down debt as part of its ongoing prudent approach to capital management.

SkyCity with GiG through its involvement with the SkyCity Online Casino, operated from Malta. However, it decided to divest its shareholding in GiG as it is non-core to its ongoing operations and is now not considered strategically necessary for SkyCity.

The Juroszek family became the largest GiG shareholders in July 2023 after purchasing an 11.08 percent stake in the business, which they considered undervalued. This followed the family selling their 70 percent stake in STS for £750 million in June 2023.

The purchase comes ahead of GiG’s plan to divide its Media and Sportsbook & Platform segments into two separate entities in Q3. As of now, Gaming Innovation Group Inc. (GIGSEK.ST) is trading at SEK28.80, marking a 1.05 percent increase.

The Juroszek family, led by Zbigniew Juroszek, has a rich history and a significant presence in the business world. Zbigniew Juroszek, with a real-time net worth of $1.7 billion, ranks #1888 on today's global rich list.

Zbigniew Juroszek, 61, (pictured on right, above), is the founder of Atal S.A., a real estate developer listed in Warsaw, Poland. He first established Atal in 1990 as a supplier to clothing manufacturers. However, recognizing the potential in real estate, he shifted his focus and began investing in this sector. His first residential projects were built in 2003, and since then, Atal has been developing properties in Katowice, Warsaw, and other major Polish cities.

Today, Zbigniew Juroszek runs his business with his son, Mateusz Juroszek. significantly contributed to the family’s wealth.

He resides in Cieszyn, Poland, and holds Polish citizenship. His journey from founding Atal as a supplier to clothing manufacturers to becoming a billionaire real estate developer and owner of a successful gambling company is a reflection of his business acumen.

The Juroszek family’s increased stake in GiG and their diverse business interests reflect their strategic vision and commitment to growth in various sectors.Their recent investment in GiG further demonstrates their belief in the potential of the iGaming industry and their commitment to its growth. With their diverse business interests and strategic investments, the Juroszek family is bound to continue making significant impact in the iGaming industry.

 Summit powered by Soft2Bet, will take place in Budapest from 2-4 September 2024.

Century Entertainment International, a Hong Kong-listed company, is set to commence operations of its VIP rooms in Dara Sakor, Cambodia, by early September. This move is projected to generate a consistent revenue stream before the end of 2024, thereby enhancing the group’s financial performance and market position.

The latest update from the group reveals that Wisdom Ocean Group, a subsidiary of Century Entertainment, has been spearheading negotiations with LongBay Entertainment, a Cambodian company. The discussions revolve around the operation of VIP Rooms in the Dara Sakor casino.

The agreement stipulates that Century, through Wisdom Ocean, will manage all seven tables within the 650-square-metre space at the Dara Sakor casino. This arrangement is set for an initial period of three years. In return, Century will pay a monthly rent of $35,000 to LongBay. Furthermore, Century will be entitled to 100 percent of house winnings and will bear 100 percent of house losses, in addition to associated staff costs and taxes.

The Dara Sakor casino boasts approximately 40 mass gaming tables, 55 VIP tables, and 80 slot machines. Additional amenities include a Chinese restaurant, a spa, and a nightclub.

Century Entertainment’s plans have been in motion since 2023, beginning with a deal with the company’s then-CEO. This deal was later cancelled and renewed under the current subsidiary.

In 2021, Century Entertainment relocated its business from Sihanoukville to Dara Sakor. The group’s report also mentions Cambodia’s new directive to combat illegal gambling, introduced in early 2024, as a factor in its decision and plans for Dara Sakor. This strategic move marks a new chapter in Century Entertainment’s growth and expansion in the casino industry.

The Dara Sakor Casino, situated in Koh Kong province, Cambodia, spans a gross floor area of 10,500 square meters, with the casino areas accounting for 7,000 square meters. The casino offers a comprehensive gaming experience. It is classed as one of the best forward moving

The casino houses approximately 40 mass gaming tables, 55 VIP tables, and 80 slot machines. The mass gaming tables feature games like baccarat, poker, blackjack, and sic bo. In addition to the gaming facilities, the casino also includes a Chinese restaurant, a spa, and a nightclub.

Century Entertainment International, a company listed in Hong Kong, has plans to operate VIP rooms in this casino. As part of the agreement, Century Entertainment will manage all seven tables in a 650-square-meter space at the Dara Sakor casino.

The casino’s strategic location in Dara Sakor, one of the fastest-growing districts in Cambodia, enhances its appeal. The area is planned to be surrounded by luxury hotel resorts and a golf course. The proximity of a new international airport near the casino could also help attract visitors.

In summary, the Dara Sakor Casino is a significant player in the region’s gaming industry, offering a wide range of gaming options and amenities to its patrons. With the upcoming operations of Century Entertainment’s VIP rooms, the casino is set for further growth and expansion.

 Summit powered by Soft2Bet, will take place in Budapest from 2-4 September 2024.

Governor Ron DeSantis of has enacted a new law () that exempts personal information about members of the Florida Gaming Control Commission from public records requests. This legislation, which passed unanimously, aims to protect the personal details of current and former commissioners and their families, including home addresses, telephone numbers, and dates of birth.

Proponents of the bill argue that releasing such information could endanger commission members and their families. They stated: “the release of such personal identifying and location information might place the commission’s current or former commissioners and their family members in danger of physical and emotional harm from disgruntled individuals whose businesses or professional practices have come under the scrutiny of the commission. In addition, such personnel may be subject to threats or acts of revenge because of the duties they perform.”

The Florida Gaming Control Commission was established in 2021. It oversees the state's gambling industry, ensuring compliance with laws and standards. Given the potential contentious nature of gambling regulation, DeSantis argues that commission members could face scrutiny and backlash from industry stakeholders.

Governor DeSantis’s administration has a history of controversial issues surrounding public records and transparency. Florida has a long-standing tradition of granting public access to records and meetings, established by state law and a 1992 constitutional amendment. There is a continual struggle between the imperative for government transparency and Governor DeSantis's desire to safeguard sensitive information and the privacy of public officials.

In a notable case, a court debated a ruling that "executive privilege" exempts DeSantis's administration from releasing certain records. This case originated from a public records request seeking information about individuals involved in discussions regarding the appointment of Florida Supreme Court justices. The “executive privilege” has been contested by media organisations and open-government advocates, who argue that it undermines Florida’s public records law.

More recently, a senior Florida law enforcement official decided to sue DeSantis, claiming he lost his job for whistle-blowing on issues related to public records.

 Summit powered by Soft2Bet, will take place in Budapest from 2-4 September 2024.