Sportradar Group AG, a pivotal figure in global sports technology, has recently divulged its financial outcomes for the third quarter ending September 30, 2024, revealing substantial growth and operational achievements. Record growth and strategic advancements: The company announced a remarkable 27% increase in total revenue, reaching €255 million for the quarter, driven by exceptional gains in both its Betting Technology & Solutions
Casino News
The Muscogee Nation has officially begun construction on a new casino and hotel in Coweta, Oklahoma, marking a $100 million investment expected to provide substantial economic growth for the local community and tribe. The highly anticipated development, spearheaded by Muscogee Nation Gaming Enterprises, will encompass a 104,000-square-foot complex featuring a 750-machine casino, a 46-room hotel,
In a pivotal move for online poker, BetMGM has officially merged its player pools between Michigan and New Jersey poker, creating a more expansive gaming experience with larger prize pools and increased opportunities for players in both states. This landmark step not only brings more games and variety but also introduces an upgraded poker platform
In a scenario reminiscent of prior election cycles, U.S. pollsters are once again facing criticism after failing to predict the scope of Donald Trump’s triumph in the 2024 presidential election. Despite revising their methodologies following underestimations in 2016 and 2020, numerous pre-election polls suggested a tight race between Trump and Kamala Harris, with some forecasts
Galaxy Entertainment Group Ltd., a major player in Macau’s casino industry, recently unveiled its financial results for the third quarter of 2024, showing a robust increase in net revenues despite some operational headwinds. For the period ending September 30, the group reported net revenues reaching HK$10.7 billion (US$1.38 billion), an 11% increase year-on-year, indicating a strong recovery
Under the directive of President Prabowo Subianto, Indonesia has heightened its campaign against illegal online gambling, resulting in the arrests of influencers, artists, and students. These individuals were reportedly involved in promoting gambling websites through their social media platforms. Enforcement and public statements: During a recent cabinet plenary session held at the State Palace, President Subianto reiterated
Petersburg, Virginia, is poised for a significant transformation following the overwhelming approval by local voters of the Live! Casino Resort, a $1.4 billion project expected to spur economic growth and revitalization. With an approval rate exceeding 80%, this initiative marks a historic move for the city, reflecting widespread community support for what will be one of
This November, the Chicken Ranch Casino Resort, a proud enterprise of the Chicken Ranch Rancheria of Me-Wuk Indians, is set to unveil a new standard in luxury with its grand opening from November 8-10. Located in the charming town of Jamestown, California, the event marks the culmination of a new standard in luxury, following a
As Apricot Investments (formerly known as Microgaming) celebrates its 30th anniversary in 2024, the company is not only reflecting on three decades of innovation and leadership in the iGaming industry but is also unveiling a renewed brand vision and visual identity. This milestone is part of Apricot’s strategic evolution, focusing on expanding its platform products and services and broadening its
In a closely watched decision, Missouri voters approved Amendment 2, which legalizes sports betting within the state, marking a significant shift in the state’s gaming landscape. Meanwhile, Amendment 5, which sought to establish a new casino near the Lake of the Ozarks, was defeated. The outcome reflects a complex stance on gambling expansion, with voters
Macau’s Ponte 16 resort has secured government approval to expand its facilities with a significant addition: a floating casino named the “Macau Palace.” This landmark project will form part of a broader revitalization plan along the Inner Harbor waterfront. The government’s recent modification of Ponte 16’s land concession clears the way for construction, adjusting the
Arkansas voters recently enacted a constitutional amendment to ensure that the future of casino development in the state will rest in the hands of local electorates. This measure, known as Issue 2, garnered significant attention, culminating in a decisive approval from the voters, with 631,417 votes in favor, representing 55.78% of the tally. This decision mandates that any new casino
The Betting and Gaming Council (BGC) has marked its fifth anniversary with the launch of an extensive Code Handbook, consolidating over 100 measures under 20 codes that its members are obliged to follow. This release underscores the industry’s ongoing commitment to exceed standard regulatory requirements and enhance gambling safety and integrity in the UK. Elevating industry standards beyond regulatory requirements:
In a notable third-quarter financial update, Melco Resorts announced a robust increase in their operating revenues, reaching $1.18 billion, a 16% rise from the previous year’s $1.02 billion during the same period. This growth is attributed to an enhanced performance across both gaming and non-gaming sectors, bolstered by a resurgence in tourist arrivals. Substantial financial gains across segments:
Wynn Resorts has posted improved financial results for the third quarter, largely attributed to significant revenue growth in its Macau operations. The Las Vegas-based gaming company reported a reduced net loss of $32.1 million, a marked improvement from the $116.7 million loss it recorded during the same period last year. Revenue for the quarter rose
The World Poker Tour (WPT) has officially partnered with PokerBaazi, marking a significant development in the Indian online poker landscape. This collaboration is set to provide Indian poker players unprecedented access to the global poker community, including opportunities to participate in WPT’s renowned international events. Strategic expansion into India: Adam Pliska, CEO of WPT, expressed enthusiasm about the
Nolimit City has launched a new game, Outsourced: Slash Game, that introduces an edgy twist to crash-style gaming. This game challenges players to make daring decisions under pressure, potentially leading to high rewards, and follows the success of Nolimit City’s previous titles, like xCrash in Skate or Die. Innovative gameplay mechanics: In Outsourced: Slash Game, players find themselves
The WarHorse Casino in Lincoln, Nebraska, recently celebrated the completion of its second development phase, significantly enhancing its gaming and entertainment offerings. With the addition of nearly 900 slot machines and 10 new table games, the casino now provides a richer experience reminiscent of Las Vegas-style gambling. Expansion highlights and future plans: Lance Morgan, CEO of WarHorse, spearheaded the
As New Hampshire explores expanding its charitable gaming operations, slot machines could become a new feature in the state’s casinos, potentially matching the slower gameplay of historical horse racing (HHR) machines. Exploring new gaming avenues: Currently, New Hampshire’s gaming halls leverage HHR machines as a legal workaround to offer slot-style gaming without directly implementing traditional slot machines. These
The Nevada Gaming Commission recently granted its approval for the Marnell family, longtime contributors to Nevada’s casino industry, to take ownership of the Prospector Hotel & Gambling Hall in Ely. Anthony Marnell III, CEO of Marnell Gaming and head of the AM3 2012 Trust, led the acquisition through Terzetto LLC, a new entity formed for