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Better Business Bureau Reports Increase in Online Gambling Complaints

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According to research from Better Business Bureau (BBB), the illegal online gambling market is nearly four times bigger than the legal online gambling industry; $402 billion to $103 billion (estimates from Researchandmarkets.com and the American Gaming Association, respectively).

The BBB says it has received almost 200 scam reports and more than 10,000 business complaints related to online gambling and gaming since 2022. Some scam reports involved theft, while complaints showed a pattern of unclear terms and consumer misunderstandings. In some cases, consumers lost tens of thousands of dollars.

Here are some common questions with answers from the BBB regarding online gambling:

What red flags should I look out for if using gambling or gaming services?

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Big promises around payouts and tempting ads without details are common. Many people aren’t aware the people they are dealing with are in countries overseas. People should also be leery of sweepstakes-style games, payment through cryptocurrency and typos in names.

How can I avoid issues with gambling or gaming companies?

Read your state and provincial laws. There are many different laws for online gambling, depending on where you live.

Check for proper licensure. Even if your state allows gambling, it may have a limited list of allowed websites. Check with your state’s gaming agency to see who is licensed.

Read the fine print. The reality of how winning and withdrawal works may be different than your first impression on a website. Check out the details of a specific service and fully understand how they work before sending them any money.

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Even legitimate websites may freeze winnings. There are many reasons why a casino or sportsbook might freeze winnings, even if the money is rightfully yours. Know what actions to take if your account is frozen.

Visit BBB.org to check out a business or register a complaint and BBB.org/ScamTracker to report a scam.

The post Better Business Bureau Reports Increase in Online Gambling Complaints appeared first on Gaming and Gambling Industry in the Americas.

2024 Torch Award for Ethics

Bally’s Chicago Casino Wins Better Business Bureau’s 2024 Torch Award for Ethics

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Bally’s Chicago Casino has won a 2024 Torch Award for Ethics from the Better Business Bureau (BBB) of Chicago and Northern Illinois. The award recognizes Bally’s Chicago’s commitment to fair, honest and ethical business practices.

“It is an honor for Bally’s Chicago Casino to be recognized by the Better Business Bureau as an organization that exemplifies excellent business ethics in our very first year of operations in Chicago,” said George Papanier, President of Bally’s Corporation.

The BBB’s Torch Award honors companies that demonstrate the highest level of ethical standards and trust with customers, business partners, shareholders and the communities in which they do business. This year, the award was presented to only seven businesses in the Chicago region. An independent panel of reviewers assessed applicants in four areas: character, culture, customer and community.

Bally’s Chicago Casino earned the Torch Award for Ethics in the “500-1,499 employees” category by demonstrating how it operates with integrity, care and trustworthiness.

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Since the September 2023 opening of the temporary casino at the Medinah Temple in Chicago’s River North neighborhood, Bally’s Chicago Casino has welcomed over 1.4 million visitors, trained more than 200 students in its dealer school, hosted job and vendor fairs, and contributed to the community through charitable giving and volunteerism.

Bally’s Chicago Casino has also largely exceeded hiring goals at the temporary casino:

Total jobs: 655 (91% full-time)

Minority: 535 (82% – exceeds 60% target)

Women: 309 (47% – exceeds 45% target)

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Veterans: 12 (2% – below 5% target)

Persons with disabilities: 59 (9% – exceeds 5% target)

Chicago residents: 460 (70% – exceeds 50% target)

Bally’s Chicago Casino has also built strong relationships with its vendors and partners, including those involved in the demolition and construction of the future casino, hotel and entertainment destination on the former site of the Chicago Tribune Freedom Center.

Since opening its temporary location at the Medinah Temple in Chicago’s River North neighborhood in September 2023, Bally’s Chicago Casino has organized community engagement events, worked with workforce development organizations, hosted vendor fairs – including a diversity vendor fair – and begun demolition in preparation for a Fall 2026 opening.

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“This recognition would not be possible without the dedication of our entire team and our collective commitment to our Bally’s values,” said Papanier.

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