The privatization of a chain of the state-owned casinos proposed by Pagcor’s Chairman and CEO Alejandro Tengco and approved by the Philippine President Ferdinand Marcos Jr is expected to raise PHP60 billion (US$1.06 billion) to PHP80 billion US$1.41 billion) for the country. According to reports, Tengco presented the price range in the House of Representatives
Casino News
Bonita Springs Poker Room and Magic City Casino based in Miami, West Flagler Associates, disagree with the decision the officials made in a case of sports betting in Florida, which led to them asking for a rehearing in the D.C. Circuit Court of Appeals. Heading to the Supreme Court: The appeal followed the three-judge panel’s
Something’s cooking in Kentucky – and it’s millions of dollars worth. After the gaming industry decided to make a move against the illegal betting industry, Billi Jo Woods decided to step up as a plaintiff and take things into his own hands. The reasons for the lawsuit: The speculation about the illegal betting case related
The Philippine Amusement and Gaming Corporation (PAGCOR) is undertaking efforts to privatize 45 of its casinos by the third quarter of 2025, as reported by CNN. As the regulator’s chair announced during the national budget consideration in the House of Representatives on August 14, the regulator reportedly intends to add value to more than 3,000
Wynn Resorts, one of the world’s leading casino operators, has decided to close its online WynnBET gambling facilities in eight U.S. states. According to the company, the online sports betting and iGaming platform will no longer be available in Arizona, Colorado, Indiana, Louisiana, New Jersey, Tennessee, Virginia, and West Virginia in line with the company’s
After Infiniti-DRGT challenged the Partouche Group’s Jean Metz right to own the Berck casino concession, the authorities decided that the company’s doubts were legitimate, and the procedure was canceled. Group’s Société Grand Casino de Dinant against Partouche: Administrative courts granted the concession on July 17, and shortly after that, it was revoked. Among the candidates
NetBet Italy, a flagship iGaming operator based in Italy, is pleased to reveal that it has signed a content distribution agreement with CT Interactive, a Bulgarian online software supplier whose main focus is the development of slot games. The deal includes the official integration of CT Interactive’s famous slots titles on the NetBet Italy platform.
In its second quarter 2023 earnings report submitted with the Philippine Stock Exchange on August 14, Suntrust Resort Holdings Inc. the company listed behind the new Philippines US$1.1 billion casino and hotel project, claimed that the said Manila project construction arrived at the “roof level” since June 30. Additionally, the company also confirmed again its intention
In the United States, online gaming grossed $1.48 billion in the first quarter of 2023, denoting a 22.7 percent revenue increase from the same time period the previous year, according to the American Gaming Association’s (AGA) 2023 State of the States Report published in May. Not limited to the U.S., the global online gambling market
Everygame Poker, a prominent poker game operator, will run the free spins rounds from August 14 to 21, 2023 on two Betsoft games. This time, the operator will use the popular provider’s titles Kensei Blades and Hot Lucky 7s to award up to 90 free spins over the week. All depositing players may run for
It’s time to go back to childhood and reminisce about the beloved three-toed troll Hugo. Play’n GO and Hugo Games A/S’ collaboration was fruitful one more time, and the company released another game in the series of Hugo slots, Hugo Legacy. Greatly beloved troll: This is the sixth game in the series. Everything began in
Wazdan, an award-winning slots developer and aggregator based in Valletta, Malta, has released 16 Coins™, the latest installment in the much-loved 9 Coins™ slot series, which is a coin-themed slot packed with tons of different features and delicious Jackpots. In addition, the provider’s previous similar hits include 12 Coins™ and 9 Coins™: Grand Platinum Edition.
The development of a mega casino project in Ellinikon, Greece, projected to make around EUR 6 billion over 30 years is facing difficulties. As reported by the Greek City Times (GCT), the investors Hard Rock and GEK TERNA have been asked by the Banks to agree upon the financing terms different to those initially agreed,
Following last week’s criminal charges against seven previous or current athletes for participating in illegal sports betting activities at Iowa State University and the University of Iowa, by Iowa and Iowa State, new ones are now on the horizon, this time against “Jirehl Brock, three other Iowa State football players, along with three current or
OddsMatrix, the flagship B2B sports platform powered by EveryMatrix, has presented “Fast Markets” just ahead of the start of 2023-24 football season, which allows various operators to provide the latest array of immediate wagering options in real time at different individual moments of the game. “Fast Markets” description: The said product will provide flagship sportsbooks
Polson, a city in Montana, is getting a new casino, and it will be situated on the west side of the city, near U.S. Highway 93. It is decided that the new 25,000-square-foot casino will be built after the Polson City Commission approved the annexation of 79 acres of land that belonged to the Tribes.
All the eyes of the sports betting industry are on Kentucky these days before the launch of retail sportsbooks and digital platforms in the state. According to the Kentucky Horse Racing Commission (KHRC), the operators want the Kentucky licenses since seven horse tracks and seven mobile sports betting companies applied for them. A battle for
Australian casino giant Star Entertainment Group has negotiated an agreement with the New South Wales (NSW) state government to have the full implementation of poker machine duty rates in the operator’s casinos deferred until the end of the decade. As reported, the Star and the government agreed upon a gradual increase of the gaming duties
On May 14, 2018, the U.S. Supreme Court struck down the Professional and Amateur Sports Protection Act of 1992 (PASPA), paving the way for individual states to introduce legislation permitting sports betting if they wish to do so. In the five years since then, sports betting has been legalized in a total of 37 states
It was recently reported that Entain, a flagship sports wagering, interactive entertainment and gaming firm, has secured a “£585 million provision in respect of its ongoing deferred prosecution agreement (DPA) negotiations with the Crown Prosecution Service (CPS).” DPA negotiations: The firm formerly reported an investigation by His Majesty’s Revenue & Customs (HRMC) into its now-former