In Missouri, two major initiatives have successfully made their way onto the November 5 ballot, reflecting a significant bypass of the state legislature. The Secretary of State, Jay Ashcroft, confirmed that a proposed constitutional amendment for legalizing sports wagering and a statutory change to raise the minimum wage gathered the required signatures across six congressional districts. Sports betting
Casino News
Bloomberry Resorts Corp reported a decline in its financial performance for the second quarter of 2024, with consolidated gross gaming revenues falling by 4% year-on-year to Php14.5 billion ($255 million). This drop was primarily due to a significant decrease in VIP game volumes at its Entertainment City venue, despite the positive financial contribution from the
EveryMatrix, a leading iGaming technology supplier, has successfully launched its casino content in Ontario, Canada, with DraftKings, one of North America’s premier operators. This marks another significant step in EveryMatrix’s expansion into key North American markets, following their earlier success in New Jersey. The integration with DraftKings will provide players in Ontario access to a
Flutter Entertainment has significantly raised its full-year earnings forecast following a surprisingly strong second quarter, choosing not to impose a surcharge on customers in high-tax U.S. states. This strategic decision came just as its competitor, DraftKings, reversed a similar plan. Shares of Flutter, which recently transitioned its primary listing to the U.S., soared 11% in extended trading. The global leader in
Sportradar has announced a notable increase in its financial performance for the second quarter of 2024. The company experienced a 29% year-over-year growth in revenue, reaching €411.6 million, and a 22% increase in adjusted EBITDA to €106 million. This positive trajectory has prompted Sportradar to raise its financial outlook for the full year. Investment and expansion drive success: The
On Friday, August 9, Coweta’s top city official expressed support for a new $100 million hotel and casino development positioned just beyond the city limits, despite substantial opposition from local residents. Julie Casteen, the City Manager, noted that the planned site for the Coweta Casino Hotel at the southeast corner of State Highway 51 and 131st Street in Oklahoma is
NagaCorp Ltd, a prominent casino operator listed in Hong Kong and operator of the NagaWorld casino resort in Phnom Penh, is grappling with financial uncertainties due to a significant revaluation of its stalled casino resort project in Primorye, near Vladivostok, Russia. The company has projected its first-half financial results will reflect these changes, showing either a
In the midst of internal discussions within the Labor caucus, Australian Prime Minister Anthony Albanese has cautioned that any missteps in implementing gambling advertisement restrictions could lead to “unintended consequences” across the nation. Proposed limits on gambling ads: Recent briefings to a group of MPs have unveiled the government’s plans to impose new limits on gambling advertisements. According to a
Swintt, a leading innovator in casino software, has launched an enthralling new slot game called Big Fish, which forms part of their esteemed Premium collection. This game not only promises considerable payouts of up to 2100 times the stake but also delivers a dynamic fishing adventure that slot enthusiasts are sure to love. A serene setting for substantial
Peter & Sons, a notable innovator in the online gaming industry, has achieved a significant milestone by launching its acclaimed game portfolio with Rootz’s network of brands. This strategic partnership sees their games going live in key licensed markets, including both the Malta Gaming Authority(MGA) and Ontario. This development is set to significantly boost Peter & Sons’ visibility and
Ontario’s government, led by Premier Doug Ford, is seeking a pivotal court decision that could reshape its online gaming landscape by permitting Ontarians to legally participate in games with international players. This request for judicial guidance has emerged as Ford’s administration aims to determine the legality of international participation under Canada’s Criminal Code. The Ontario
SportyBet, a renowned global online gaming platform, announced its application for a license to operate sports betting and online gaming in Brazil this Monday. This move comes as Brazil opens its doors to a regulated betting environment, and SportyBet is keen on capturing a significant market share with its advanced technological offerings and user-centric approach.
The World Series of Poker Circuit (WSOP-C) is gearing up to deliver an electrifying series of poker tournaments in Rosario, Argentina, showcasing the City Centre Casino as the venue from October 17 to 25, 2024. This series marks a significant expansion of WSOP’s prestigious events, with a lineup that includes 12 WSOP Gold Ring tournaments
D.C. Attorney General Brian Schwalb is intensifying scrutiny on Intralot, the Greek company behind Washington, D.C.’s sports betting operations, by demanding key documents as part of a broader investigation into the management of the city’s sports betting contract. This inquiry emerges as the contract approaches its expiration, amidst allegations that the company has not fulfilled
Golden Island Hospitality Private Limited has partnered with the prestigious Majestic Group Hotels & Casinos to launch the Majestic Pride Casino in Sri Lanka’s iconic Lotus Tower. Situated in the bustling area of Colombo 10, the new establishment aims to provide a premium gaming experience, setting a new benchmark for luxury and entertainment in the region. Licensing and investment propel
The eagerly anticipated Caesars Virginia casino remains on course for its grand opening in the fourth quarter of this year, a timeline confirmed by Ray Dunkle, the Virginia Lottery’s director of gaming operations. During a recent Virginia Lottery Board meeting in Richmond, Dunkle expressed enthusiasm about the pace of construction. “The permanent casino, the construction there is moving great,” he
Indonesia’s Ministry of Communications and Informatics, under the stewardship of Minister Budi Arie Setiadi, has launched a robust initiative targeting 21 payment service providers. This action comes as part of a wider effort to clamp down on online gambling activities that are facilitated through digital payment platforms. On Saturday, the Ministry issued a statement revealing that these
Over a year after a legislative setback, Las Vegas Sands, a leading global casino operator, is preparing for another legislative push to legalize casino gambling in Texas. The company is actively engaging with local leaders across the state, leveraging the Texas Association of Business to host a series of roundtable forums. These forums aim to galvanize support
Combined gross gaming revenues (GGR) for licensed casinos in the Philippines saw a 4.3% year-over-year decrease to Php49.48 billion (US$864 million). This slight decline was followed closely by first quarter GGR of Php49.68 billion (US$867 million). Despite the downward trend in traditional casino revenues, the overall gaming industry in the Philippines experienced robust growth, thanks to
Endeavor is positioning itself for a significant transformation through the divestiture of its sports betting units, OpenBet and IMG Arena, as it progresses towards finalizing its privatization deal with Silver Lake. This move marks a pivotal shift in strategy for the entertainment giant, aligning its operational focus ahead of the deal’s closure expected in early