The commercial US gaming industry’s revenue increased by 8.1% reaching $17.71 billion in Q3, according to the American Gaming Association’s Commercial Gaming Revenue Tracker. Q3 was the 15th consecutive quarter of year-over-year growth and it is the highest-grossing Q3 revenue performance on record. Quarterly revenue from land-based gaming – including casino slots, table games, and retail sports
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Rio Hotel & Casino, an iconic off-Strip property in Las Vegas, has officially joined the Destination by Hyatt brand following the completion of the first phase of its $340 million renovation. The deal positions the Rio as the largest Hyatt property globally by room count and the first Destination by Hyatt hotel in Nevada.
A lucky player at crypto sportsbook Sportsbet.io has won a $3.2 million jackpot with a $5 bet on the slot game Midnight Marauder Dream Drop, the platform announced. The jackpot, powered by Relax Gaming’s Dream Drop Mega Jackpot, was paid in USDT, a stablecoin pegged to the U.S. dollar. The digital currency combines the
Jacobs Entertainment is investing an additional $130 million in its expansion plan for J Resort, marking the latest phase of the ongoing redevelopment project at the downtown Reno property. The upgrades include the creation of a dedicated festival venue, luxury facilities, and residential units. The main part of the announcement is the development of J
Indonesia’s Minister of Communication and Digital Affairs, Meutya Hafid, has reaffirmed the government’s plans to eradicate online gambling, a practice strictly prohibited in the country. Speaking at the event “Combating Online Gambling and New Crimes in the Era of Digital Economy 5.0” in Jakarta on Wednesday, Hafid detailed the ministry’s intensified efforts, which include leveraging
Gaming products supplier Zitro has introduced Merging Fu Pots, a new slot game with a variety of features and bonuses. The game invites players to unveil hidden wins within each of the slot’s pots. Merging Fu Pots offers players the chance to unlock a variety of bonus features with a 75-credit bet, including: Green
Gaming and Leisure Properties (NASDAQ:GLPI) received a boost on Wednesday after Deutsche Bank upgraded the casino-focused real estate investment trust (REIT) from “Hold” to “Buy,” citing a robust pipeline, favorable valuation metrics, and a well-positioned balance sheet. The investment bank also raised its price target to $54 from $49, indicating a 7% upside from Tuesday’s closing
Ready to chase some big wins? Then check out the Pirates Party online slot, a 5 reel, 3 row game with 243 paylines from Net Entertainment! This high volatility game comes with Wilds and Scatters, as well as the Bonus Helm symbols where players collect Bonus Symbols to fill the progress bar above the reels,
LiveScore Group is set to cut over 100 jobs across multiple business locations, including London, as part of a restructuring move. Announced this week, the changes were described as “a difficult yet important step” for LiveScore Group, seeking to streamline the business for long-term sustainable growth. All employees impacted by the decision have been informed
Catskill Regional Off-Track Betting Corporation will be shutting down at the end of the month, after almost 50 years of operation. Catskill OTB offered betting on horse racing from locations in the Hudson Valley and on its website, Interbets. The organization will cease taking bets on November 30, following 48 years of operations. OTBs were
The Pennsylvania Gaming Control Board (PGCB) approved consent agreements on Wednesday presented by the Board’s Office of Enforcement Counsel during its latest public meeting, resulting in fines totaling $70,000. The penalties were imposed on two Video Gaming Terminal Operator Licensees. TA Operating LLC was fined $37,500 for its failure to have a Board-credentialed employee present while the VGT
Michigan’s commercial and tribal operators reported a total of $253.7 million in combined iGaming and sports betting gross receipts for October, marking a 2.8% decrease compared to last month. This figure includes $220.7 million from iGaming, the highest to date, and $33 million from sports betting. In September, gross receipts stood at $202.6 million for iGaming and $58.4
A recent study conducted by independent research firm Eilers & Krejcik reveals that legalizing sports betting in Texas could significantly benefit the state’s economy. According to the study, titled “Legal Online Sports Betting in Texas: Revenue Forecast and Economic Impact Analysis,” the state could generate over $360 million in direct tax revenue annually, while also creating
In its latest analysis, iGaming solutions provider Uplatform explores the intersection between music, pop culture and iGaming, providing insights into how operators can leverage these experiences to engage players. Music and pop culture have always shared a dynamic and symbiotic relationship, influencing societal trends and shaping collective experiences. This connection is particularly evident in major
iGaming content provider Play’n GO has launched its latest slot, Wildest Gambit, a 5×3 slot that combines adventure, mystery, and win potential with an x20,000 Multiplier. “Wildest Gambit unites the legendary Wilde family – Rich, Cat, and Uncle Gerard – in an epic journey across four unique destinations. From the golden sands of Egypt to the dense
iGaming content supplier Pragmatic Play has released Might of Freya Megaways, a new mythology-themed slot featuring up to 117,649 ways to win. Freya, the Norse goddess of love, beauty, and war, presides over the 6×7 grid, where tumbles can lead to wins of up to 8,000x. The Freya Super Symbol, which acts as a wild, can land
Caesars Entertainment has accelerated the rollout of its Horseshoe Online Casino brand, launching in New Jersey as part of a broader North American expansion. Following its initial debut in Michigan, the platform then rapidly extended its reach to Pennsylvania, West Virginia, and Canada’s regulated Ontario market. With the Garden State now also part of the
Brazil’s Ministry of Finance has ramped up its efforts to combat illegal gambling in the country by ordering the blocking of 1,812 additional unlicensed gambling domains, bringing the total number of sites blocked to over 5,000. This latest directive from the Ministry’s Secretariat of Prizes and Bets (SPA) follows similar actions taken earlier this year,
Senior decision-makers and innovators from the global iGaming industry are set to gather next week for SPiCE International 2024, an event aimed at gaming professionals in East Asia. Scheduled for November 28-29 at the Hilton Taipei Sinban, the two-day summit is set to address the future of the rapidly evolving digital gaming sector. As
iGaming tech expert SOFTSWISS is strengthening its commitment to men’s health with an expanded lineup of activities for “Movember”, an initiative focused on saving the lives of men all around the world. Building on the success of its debut participation in 2023, the company says that it is stepping up its efforts this year to