Sports technology provider Sportradar’s revenue for the full year of 2023 increased 20% to €877.6 million ($954.6 million) compared to the previous year, driven by 20% growth from the rest of world betting segment and 30% growth from the U.S. The full-year revenue was at the upper end of the company’s 2023 annual outlook range
Industry
Bacta has confirmed that it’s moving its 21st April National Council meeting from London to Leeds with members invited to meet with the Council over lunch and participate in an informal Open Forum. The initiative, which is part of Bacta’s restructuring and modernization program voted on by the membership last year, provides an opportunity for
The “Long Goodbye” tour just got longer, as an Eagles residency at the Las Vegas Sphere is set begin this fall. The legendary group will land in the new venue following U2, Phish, and some dead heads. And they are doing this despite finishing their “farewell” tour, which began all the way back in September
The Hilton Buenos Aires Hotel and Convention Center hosted yesterday the opening of the thirty-second edition of SAGSE in Argentina. The event, which is expected to attract more than 2,500 visitors during the two days, was attended by the main referents of the gaming industry in Latin America. After opening remarks by Alan Burak, Vice
The Directorate General for the Regulation of Gambling (DGOJ), the regulatory body of the online sector in Spain, presented its new Online Gambler Report, which analyzes the profile and the main patterns of Spanish gamblers, and how they behaved during 2023. According to the study, the number of active players is 1,637,831, a figure that
Casino loyalty and technology developer Acres Manufacturing Company has unveiled a case study shedding light on the significant losses incurred by casinos due to highly skilled video poker players, commonly known as Advantage Players (APs). The study, powered by Acres’ Video Poker Analyzer (VPA) product, unveils the extent of profit erosion caused by a small
The BIS SiGMA Americas gambling event organizers have announced that early bird tickets are now available for purchase. The event is set to take place in Brazil this April, from the 23rd to 25th April, at the Transamerica Expo Centre in São Paulo. The 3-day event will connect the LatAm industry, bringing regional operators, streamers,
iGaming content provider Pragmatic Play has signed a deal with platform provider The Factory Gaming to fortify its position in the Latin American gaming market. Under the agreement, Pragmatic Play will integrate its portfolio of slots, live casino, and virtual sports content onto The Factory Gaming’s online casino platform, “elevating its participant reach globally.” Pragmatic
The Australian Communications and Media Authority (ACMA) has requested that internet service providers (ISPs) block eight more illegal gambling websites after investigations found these services to be operating in breach of the Interactive Gambling Act 2001. The latest sites blocked include Lucky7even, 50 Crowns, Rockwin, Bitdreams, Mr Pacho, Casino Infinity, Zota Bet, and Spicyjackpots. ACMA
US sports betting giant DraftKings has announced that Jason Park, DraftKings’ Chief Financial Officer, will become the Company’s Chief Transformation Officer, effective May 1, 2024. In this newly created role, Park will lead initiatives to deploy technologies to capture additional operating efficiencies as well as oversee the integration of the proposed acquisition of Jackpocket. Alan Ellingson,
The Nevada Gaming Commission is set to deliberate on imposing a $500,000 fine on a Laughlin casino following its failure to report two physical altercations involving the resort’s security officers. The Donald J. Laughlin Gaming Trust, operating as the Riverside Resort & Casino, faces scrutiny over two incidents that transpired on its premises. The first
MGM Resorts International is reportedly considering the sale of its casino operations at Ohio’s Northfield Park and in Springfield, Massachusetts. The company is said to be working with financial advisers on this matter. However, the discussions are in the early stages and may not necessarily lead to any concrete actions, Bloomberg reported, citing unnamed sources.
In this interview, SOFTSWISS Co-CEO Andrey Starovoitov reflects on the iGaming company’s 15th anniversary. Moreover, Starovoitov discusses his professional path with the business, offers advice to those navigating this complex sector, and shares industry insights on what makes SOFTSWISS stand out from the crowd. You’ve been with SOFTSWISS for nearly half of its 15-year journey.
On Wednesday, an appellate court panel heard the state’s appeals in two cases over 2021 amendments to the law determining how much money casinos pay in lieu of property taxes in New Jersey. Atlantic County filed one of two legal challenges against amending the Atlantic City casino PILOT legislation, while local political organization Liberty & Prosperity brought the
As summer approaches, Atlantic City finds itself grappling with an unexpected challenge: a severe erosion of its iconic beaches, leaving the city’s famed casinos scrambling to salvage their crucial tourism appeal. Winter storms have ravaged the northern section of Atlantic City, stripping away sand and leaving little shoreline for beachgoers. Executives from the Ocean Casino
Queensland has implemented legislation aimed at curbing money laundering and protecting problem gamblers, which includes restrictions on cash gambling at the state’s casinos, following the passage of the bill in parliament on Wednesday. Under the new laws, Queenslanders will be prohibited from gambling more than a few hundred dollars in cash at casinos in a
Missouri’s casino industry experienced a notable uptick in February, with total adjusted gross revenue (AGR) reaching $156.9 million, marking a 14% increase from January’s $135.4 million, according to the latest report from the Missouri Gaming Commission (MGC). This figure closely mirrored the AGR reported in February 2023, which stood at $156.7 million. Leading the pack
Entain finds itself entangled in a legal dispute stemming from its acquisition of Dutch-facing business BetCity. What initially appeared as a strategic move to penetrate the lucrative Netherlands market has now evolved into a contentious issue, with Entain alleging significant discrepancies in BetCity’s value at the time of purchase. The saga began when Entain acquired BetCity
Sad news to report, as one of our favorite places to eat in Vegas is going away. Margaritaville is closing it’s doors after more than two decades of welcoming guests… and we’re sad. Not as sad as when we lost Jimmy last September, but still sad. Margaritaville takes up a huge amount of space in
The Chinese embassy in Singapore has issued a warning to its citizens residing in the city-state, advising them to refrain from participating in any form of gambling while abroad. The embassy emphasized that gambling activities outside of China violate Chinese laws. This cautionary statement from the embassy coincides with intensified efforts by Beijing to combat
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