It’s been a long time coming, but several days ago a man suspected of being an MGM hacker was arrested while trying to board a plane in Europe. You probably recall that both MGM and Caesars properties in Las Vegas were the victims of a coordinated cyber attack in September of last year. Now, a
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Stake has called its recent Copa America marketing stunt “a huge hit on social media,” attracting millions of likes and impressions on the company’s accounts. The crypto casino’s campaign saw football legend and Stake ambassador Sergio Agüero welcome Lionel Messi and his Argentina teammates to Miami with a herd of goats. “Laying down the gauntlet
Until July 14, the Copa America, the most important soccer national teams competition in the continent, will be held in the United States. According to estimates from the Colombian gaming trade association (Fecoljuegos), the event will have a strong impact on the sports betting industry. Based on a series of estimates by the Colombian entity,
Millions in Kansas sports betting revenue may soon be directed to lure the Kansas City Chiefs or the Royals to the state, following the recent signing of bill HB 2001 by Governor Laura Kelly (D). The new law amends the Kansas STAR (Sales Tax and Revenue) bond program, enabling the potential funding of stadiums for
The National Bank of Ukraine (NBU) has enacted a prohibition on the use of credit funds for gambling purposes, as announced by the NBU’s press service. The bank said the regulatory measure aims to safeguard the stability and security of Ukraine’s financial system while mitigating potential adverse impacts associated with online gambling. By restricting the
Between January and April 2024, Brazilians spent $3.7 billion on offshore online bookmakers. The figure is 32.14% higher than the same period in 2023, which was $2.8 billion. The data were compiled by the website Aposta Legal Brasil from the balance of payments made available by Banco Central. Image: Aposta Legal Brasil In addition to the increase
In May, Angelo Alberoni was appointed technical director of the Brazilian Institute of Responsible Gaming (IBJR). A law graduate with a master’s degree in sports management, Alberoni is also the national director of the company Novibet. In an interview granted to Yogonet, he talked about his new position, the advances in the regulation of online gambling,
Game supplier Zitro announced that its frog game Fu Frog has been installed in the Grup Binelde gaming halls in Catalonia, Spain. This was informed by the company through a statement, in which they assured that Zitro’s frog game has quickly captured the attention of players, “thanks to its unique and attractive mechanics.” “Our customers are
Bally’s Corporation is joining the Responsible Online Gaming Association (ROGA) in support of its mission to enhance responsible gaming (RG) initiatives and best practices. Bally’s will work in collaboration with ROGA’s existing members – bet365, BetMGM, DraftKings, Fanatics Betting and Gaming, FanDuel, Hard Rock Digital, and PENN Entertainment – to promote responsible online gaming, fund
Star Entertainment Group has released its FY24 financial update, revealing a challenging trading environment and a forecasted decline in revenue and EBITDA. Full-year revenue is projected to be between AU$1.68- 1.69 billion (approximately US$1.1 billion) which, even at the upper end, would represent an 11.1% decrease from the AU$1.90 billion ($1.26 billion) posted in FY23.
The alleged mastermind behind last autumn’s MGM Resorts hacking was arrested in Spain on June 14 in a joint operation by Spanish authorities and the FBI. The 22-year-old British national, reportedly the leader of the Scattered Spider ransomware group, was apprehended by Spain’s National Police at Palma airport while attempting to board a flight to Naples.
The Regulating the Game conference has announced that Alison Taylor, Clinical Associate Professor at NYU Stern School of Business and Executive Director of Ethical Systems, will be a keynote speaker at its 2025 edition in Sydney. Her expertise in ethical business practices and her perspectives on navigating turbulent times are expected to add “significant” depth to
Payment solutions provider OKTO has announced the expansion of its real-time cash-to-digital closed-loop payment service, OKTO.CASH, into the Indian market. This strategic move marks “a significant milestone in OKTO’s mission to transform payment experiences for both merchants and consumers globally,” the company said. With the introduction of OKTO.CASH, online merchants now have the capability to
Louisiana Governor Jeff Landry has appointed Christopher Hebert as the new Chairman of the Louisiana Gaming Control Board (LGCB), marking him the first African-American to hold this position. Hebert, a seasoned legal professional with over 19 years of experience as Assistant Attorney General for Louisiana, brings expertise in gaming regulation to his new role. Hebert
The 53rd Goods and Services Tax (GST) Council meeting brought no relief for India’s iGaming sector. Despite expectations for a revision of the 28% GST rate on online gaming and casinos, Finance Minister Nirmala Sitharaman confirmed the issue was not addressed. “It wasn’t on the agenda. It didn’t come for discussion, it wasn’t taken up,”
theLotter, a lottery courier service allowing customers to order official lottery tickets online, announced that it has received a license to offer services in New York and will be launching “soon.” Upon launch, theLotter will allow New Yorkers to order official lottery tickets online for Powerball, Mega Millions, and other local draws, both via website and
Merkur Gaming successfully showcased its latest product innovations at the recently concluded Peru Gaming Show 2024 in Lima, which took place on June 12th – 13th at the Centro de Convenciones Jockey Plaza. The event, focused on the Latin American market, saw gaming machine operators from the entire region attend to explore new developments in the
EGT’s office in Georgia will participate in the upcoming SBC Summit Tbilisi, taking place on June 25th and 26th at the Sheraton Grand Tbilisi Metechi Palace. The company will present its newest iGaming products at stand A60. Visitors will have the opportunity to explore a diverse array of online slot games from EGT Digital at
Choosing the right jurisdiction for your iGaming operation is crucial for ensuring regulatory compliance, market access, operational efficiency, and overall business success. This decision involves evaluating various factors, including costs, application complexity, ongoing requirements, jurisdictional reputation, and technological openness. Here is a comprehensive guide to help you navigate these considerations. Cost of license application and
Great Canadian Entertainment has announced the sale of its “landmark Vancouver Island property,” Casino Nanaimo, to the Snuneymuxw First Nation’s economic development corporation, Petroglyph Development Group Ltd. The transaction, unanimously approved by Great Canadian Entertainment’s board of directors, remains subject to customary closing conditions and regulatory approvals, according to a press release issued on Monday. As