Coljuegos, the regulator of games of chance in Colombia, informed that localized games, which include casinos, bingos, and slot machines, transferred around COP 348,736 million, ($79,184 million) to the health system of the country in 2024. The regulator remarked that this segment is “one of the pillars of the gaming industry in Colombia”, with more
Industry
MGM Resorts International is expected to rely heavily on its online gambling platform BetMGM to drive growth in 2025, according to a recent note from Deutsche Bank. Analyst Carlo Santarelli highlighted a shift in investment focus toward digital operations as MGM’s brick-and-mortar casino business faces challenges in sustaining revenue growth. Santarelli’s analysis forecasts MGM’s strategy
A bill that would set up entertainment complexes across Thailand focuses more on having casinos rather than providing clarity about how the country will benefit from the revenue, the Stop Gambling Foundation says. The anti-gambling group has slammed the Entertainment Complex Bill, which the Finance Ministry plans to present to cabinet this month. Bangkok Post
Westgate Las Vegas has extended performing legend Barry Manilow an unprecedented Lifetime Residency. Manilow has accepted this extraordinary honor, further cementing his enduring legacy at the iconic International Theater. Manilow reached a new milestone earlier this year when he surpassed Elvis Presley’s record of 636 performances at the venue. The announcement of a Barry Manilow
How to stay ahead in the face of fierce competition? SOFTSWISS, a global tech expert with over 15 years of experience, shares fresh insights from a customer survey conducted by Kantar in November 2024. With around 25% of the world’s population ever involved in iGaming, according to Global Gambling Statistics, the industry hosts thousands of projects
Macau’s gross gaming revenue (GGR) is projected to grow by 8% year-on-year in 2025, buoyed by robust travel spending among Chinese tourists, Goldman Sachs said in a recent report. The investment bank highlighted a broader rebound in China’s travel sector, forecasting travel spending to grow 7% in 2025, surpassing overall consumption trends. Macau’s GGR for
Cordish Gaming Group, the gaming division of The Cordish Companies, has appointed Greg Hinton as Vice President of Finance for the upcoming Live! Casino and Hotel Louisiana. The $270+ million gaming and hotel complex is set to debut in Bossier City on February 13, introducing the first landside casino in the Shreveport-Bossier market. In his
Oklahoma lawmakers are set to renew the push for legal sports betting in the new year. Former coach and now Oklahoma State Senator Dave Rader has submitted a bill ahead of the legislative session to bring the activity to the state. Rader believes launching sports betting in Oklahoma will help raise revenue for the state,
Sports betting and iGaming solutions provider Digitain has revealed its new company slogan: ‘Built to Lead.’ Announced ahead of ICE Barcelona 2025, this slogan “highlights Digitain’s fresh perspective on its vision, positioning, strategic pillars, and essence.” Digitain states that the new vision reflects its dedication and commitment to creating genuine connections, ensuring meticulous attention to
Virginia set new records in sports betting revenue and handle in November, according to the latest data published by the Virginia Lottery. Gross revenue hit $80.6 million in the month, 121.4% ahead of November 2023 and 64.5% above October 2024. The figure also shattered the former adjusted gross revenue (AGR) record of $67.5 million, set
The Mashpee Wampanoag Tribe has announced plans to present a phased development strategy for the First Light Resort and Casino in early 2025, marking a significant step forward for the long-delayed project. Located on a 321-acre site near Taunton, Massachusetts, the proposed casino is poised to become the state’s first tribal gaming facility. “Over the
Legislative efforts to adjust Michigan’s gambling tax structure have officially ended as of January 1, with Senate Bills 1193 and 1194 failing to progress before the close of 2024. The bills, introduced by Senators Sam Singh and Jeremy Moss, sought modest tax increases on sports betting and online casino operators, but the proposals will not carry
Jordan Kerr, a skilled blackjack player from North Haven, Connecticut, has filed a lawsuit against Horseshoe Baltimore and its parent company, Caesars Entertainment, alleging unlawful detention during an incident at the casino in October 2024. The legal action, initially brought in Baltimore City Circuit Court and now moved to Maryland’s federal District Court, seeks $3
In his latest article, iGaming industry consultant Ron Mendelson provides a comprehensive guide to help entrepreneurs build and sustain a thriving gaming company in Costa Rica with the help of Fast Offshore Costa Rica is a popular destination for entrepreneurs seeking to establish online gaming companies. The country’s favorable business climate, affordable costs, and flexible
The Major League Baseball players’ union is firing back at the suggestion that sports betting giants DraftKings and bet365 were exercising their freedom of speech and press by using images of league players within its app and its advertising. MLB Players Inc. (MLBPI) argued the companies aren’t news organizations, and thus not covered by the
Vietnam’s trial allowing local citizens to gamble at the Corona Resort & Casino in Phu Quoc ended on December 31, 2024, as the government suspended the pilot program until further notice, effective from midnight on January 1, 2025. The pilot program, launched in 2019, marked the first time Vietnamese citizens were permitted to gamble under
iGaming solutions provider Digitain has promoted Edmond Ghulyan, its Group Chief Strategy Officer, to the position of CEO of Relum, the casino engine solution provider within the Digitain Group. Ghulyan, who has been with Digitain for seven years, has held various leadership roles, including Chief of Centrivo Products and Group Chief Strategy Officer. He
The workers’ strike at Virgin Hotels Las Vegas, led by Culinary Workers Union Local 226, continues into the new year with no resolution in sight. The strike, which began on November 15, followed months of stalled negotiations over a new five-year contract for approximately 700 non-gaming Culinary members. Their previous agreement expired in June 2023.
Gaming supplier Zitro has announced the successful launch of its first Wide Area Progressive (WAP) in Argentina, with over 45 slot cabinets initially installed in five gaming halls located at the Hipódromo de Palermo. Zitro informs that the product selected for this project is the Mighty Hammer Ultimate game on Zitro’s premium Altius Glare cabinet.
After six years of a process to legalize online sports betting, Brazil finally has, as of January 1, a national market for fixed odds betting. The country’s Ministry of Finance celebrated the achievement on its website, highlighting that “the companies that now make up the industry were selected after a rigorous authorization process, which ensured compliance