The key deadline to apply for a federal license to operate fixed odds betting and online games in Brazil ended on Tuesday, August 20, with the Ministry of Finance’s Betting Management System (SIGAP) registering 113 applications for accreditation. In the last 24 hours before the deadline, 52 companies – among them Caixa Loterias – submitted
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Betr on Thursday announced that it has acquired a license to Huddle Tech’s gaming technology, allowing Betr to utilize and build upon the IP to power its sports gaming platform, bolstering its content and technology capabilities. The license allows Betr to fully leverage Huddle Tech’s technology stack, which includes odds-making, risk and trading tooling, and
iGaming solutions provider SOFTSWISS is set to celebrate its 15th anniversary with an exclusive Hollywood-themed party. The event, described as “a spectacular evening of Hollywood luxury and glamour,” will serve as the culmination of a year-long series of anniversary celebrations. The party will take place on 24 September in Lisbon, the new home of the
Atlantic City’s casinos and two online-only gambling entities have seen a slight dip in earnings for the second quarter of 2024, as reported by New Jersey’s gambling regulators. The New Jersey Division of Gaming Enforcement revealed that the combined gross operating profit for these establishments reached $178.4 million during this period, a 1.3% decline compared to
International gambling group Evoke has announced the acquisition of Romanian operator Winner.ro through its purchase of parent company New Gambling Solutions S.R.L. (NGS) for €10 million ($11.1 million). The transaction grants Evoke a 51% stake in NGS, with an option to increase ownership to 100% after three years. The acquisition makes Romania Evoke’s fifth core
Legal advice for gambling sites is an essential element for any operation wishing to operate safely and legally in the competitive gambling market. The Control F5 Gaming and Betting Industry Solutions Center offers specialized legal advice to help companies navigate the complexities of regulation in emerging Brazilian and international markets. Compliance and adherence to all
Sports data solutions provider FeedConstruct announced a new partnership with the Malta Premier League, enhancing its European football data portfolio with coverage of all matches starting from the upcoming MPL 2024/25 season. The Malta Premier League will introduce a fresh format featuring 12 clubs competing in an Opening Round and Closing Round, with potential playoffs depending
California’s Jamul Casino has appointed Rocio Zorrilla as Hotel Director of the 16-story tower set to open Spring of 2025. Bringing over 20 years of experience in the hospitality industry, she will lead Jamul’s group of team members through opening and beyond, including day-to-day operations. As the first senior role hired for the all-new hotel,
Most gamblers to Macau have managed to visit local casinos with funds obtained in legitimate ways despite a widely reported crackdown on unlicensed money touts, Citigroup analysts said. In their latest note on Macau gaming, analysts George Choi and Ryan Cheung wrote that the observed premium mass betting had risen not only year on year
iGaming content provider Play’n GO has launched its latest online slot, Ankh of Anubis Awakening, a 5-reel sequel that transports players to a futuristic Egypt where Anubis, the God of the Underworld, returns with enhanced powers. The game offers an immersive adventure along the Nile River in a high-tech Egyptian landscape, with Anubis leading the way,
Ras Al Khaimah, UAE, will host the Ortak x B.F.T.H. Arena Awards 3.0 for the first time, gaming technology provider BetConstruct announced Thursday. Scheduled for December 12-14, the event will bring together the Web3, crypto, and iGaming sectors. Led by BetConstruct in collaboration with Fastex, the event promises to deliver “a fascinating industry experience.” The Ortak x
Maine could see its first in-person sports betting bar open sooner than later, as the owners of a Portland bar cleared their first obstacle on Monday when the city council approved the establishment’s liquor license. According to Portland Food Map, the new sports bar will be called Oddfellahs, and construction is currently underway at 55 Market
Paris Las Vegas, a popular fixture on the Las Vegas Strip, is gearing up for a grand celebration as it marks its 25th anniversary. The Parisian-themed resort, known for its replicas of iconic landmarks, is rolling out special deals on rooms, dining, weddings, and more, according to its parent company, Caesars Entertainment. To commemorate the
The Pennsylvania Gaming Control Board (PGCB) has approved Hollywood Casino at Penn National Race Course’s (PNRC) request to remove 169 slot machines, with the casino citing the impact of skill games as a key factor behind the decision. The reduction lowers the number of slot machines on the casino floor to 1,532, just above the
Australian sports betting and iGaming operator PointsBet announced a 17% increase in revenue for the fiscal year that ended on June 30, reaching AUD 245.5 million ($165.3 million), driven by cost-cutting measures and strong operational performance in Australia and Canada. The gross profit margin for FY24 increased to 52.8%, up 2.5%, reflecting better operational efficiency. PointsBet’s efforts
Michigan‘s online gambling sector experienced continued growth in July, with adjusted gross receipts (AGR) for iGaming and digital sports betting increasing by a combined 3.2% from June. According to the Michigan Gaming Control Board (MGCB), online gambling AGR also saw a year-over-year rise of 24.7% compared to July 2023, while sports betting AGR increased by 5.2%.
Japan’s National Police Agency (NPA) has launched its first-ever investigation into offshore online casinos, responding to the growing popularity of illegal online gambling among the country’s youth. The investigation will target offshore online casino operators catering to Japanese users, a trend that has led to debt and involvement in illegal activities among younger people, reports
The Peruvian Ministry of Economy and Finance (MEF) confirmed that online gaming and sports betting operators will have to pay the Selective Consumption Tax (ISC) in addition to the tax on their activities, which according to the current regulation is set at 12% of the net income or net win. In a press release, the
Online betting operator PlayUp Interactive, trading as Draftstars, has been hit with a record fine of AUD 586,000 ($392,700) for illegally offering inducements to gamble. The penalty was imposed by Sydney’s Downing Centre local court in mid-August after the company was found guilty of 33 related offenses involving prohibited advertising. The infractions involved offering free
DraftKings has made its debut in the online poker market with the launch of a real-money online poker app, Electric Poker. The game, which went live in Michigan on Tuesday, is the first proprietary online poker product developed by a major US-based gaming company in nearly a decade. Electric Poker, now available in the DraftKings Casino