Online gaming business Real Luck Group Ltd. -the parent company of esports, sports and casino gaming provider Luckbox- has shared financial results for the full year 2021. The business reported a net loss of $8.6 million ($6.7 million) for the year, while revenue remained minimal, at CAD $25,174, down 66.6% from 2020. “During fiscal 2021,
Month: May 2022
SBC has announced the names of the four industry pioneers who will join the Sports Betting Hall of Fame during this year’s SBC Summit North America conference in East Rutherford, New Jersey in July. The Sports Betting Hall of Fame was established in order to honor, preserve and perpetuate the names and outstanding accomplishments of personalities who have brought lasting success
Investment manager Beach Point Capital Management LP announced last Thursday a $30 million private credit investment in B2B gaming technology provider GAN Limited. Beach Point’s investment is set to help GAN develop proprietary gaming content, facilitate new B2B contracts, and expand into new markets. “GAN is at the forefront of online gaming and sports betting
Gaming technology and services provider BetConstruct is expanding its virtual sports portfolio, the company announced on Monday. The business is presenting Spin to Win, which it describes as a simple virtual bet-on game “that stands out with its own specifics.” The game of luck is based on the NRG system, with a new game round
Greyhound racing in the US is nearing its end. After the end of the 2022 season, in May, the Iowa Greyhound Park track in Dubuque will close for good, meaning that by the end of the year, there will only be two tracks left in the country. The sport reached its peak in the 1980s,
May 02, 2022 If you didn’t catch the eight-hour Sunday night Hustler Casino Live show, you missed what might have been the most epic poker live stream in history, and that isn’t hyperbole. More than 100,000 concurrent viewers watched poker pros Tom Dwan and Phil Hellmuth take on a table full of Twitch streamers, YouTube
After 37 years in business and the Iowa Greyhound Park is reportedly set to close later this month to leave the two tracks in West Virginia as the United States’ last remaining venues for live greyhound racing. According to a report from the Associated Press news service, the facility in the eastern Iowa city of
Emagine Entertainment announced Monday its Emagine Sports Lounge at Michigan’s Emagine Royal Oak movie theater will be rebranded Caesars Sportsbook Lounge Powered by Emagine. This comes after the two brands entered into a partnership, which intends to combine fan engagement opportunities at the Emagine Royal Oak venue, and create a base for Caesars Sportsbook to
Online casino content supplier CT Interactive has further extended its reach in the Italian market by signing a deal with Italian operator BetFlag, which was officially finalized at ICE London. The major content supply deal penned by CT Interactive will see the provider’s games dedicated to the Italian market go live with the online casino
New Northern Ireland legislation has allowed betting shops and bingo halls in the area to remain open later for the first time on a Sunday. This also implies they are now also allowed to open on Good Friday 2023, thus bringing gambling laws into line with the rest of the UK and the Republic of
A DC federal judge decided on Thursday to transfer to the Western District of Washington a lawsuit by cardroom operator Maverick Gaming LLCaccusing officials of allowing Native American tribes to hold a decades-old monopoly on gambling rights, reports Law 360. U.S. District Judge Florence Y. Pan ruled that she lacked the authority to resolve the
Content provider to the iGaming industry Pragmatic Play has grown its LatAm presence with Brazilian operator Jogos da Sorte in a deal that will oversee the launch of two of its verticals. Jogos da Sorte customers will now gain access to Pragmatic Play’s collection of titles, headlined by its first Crash game, Spaceman, as well as the
The Skulls Gone Wild online slot is a 5 reel game from NetGaming with 10 paylines that celebrates the Mexican festival Día de los Muertos, or Day of the Dead. It comes with Wild Symbols and Re-Spins, and is available to play on your mobile devices. [embedded content] The Skulls Gone Wild online slot celebrates
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American land-based casino behemoth MGM Resorts International has lodged a $607 million proposal that would see it purchase the entire issued share capital of prominent iGaming operator LeoVegas AB. The Las Vegas-headquartered firm used an official press release to declare that the proposition envisions buying all of the online casino and sportsbetting enterprise’s shares at
In an effort to become more eco-friendly, 888 has decided to partner with ECOSEC and use biodegradable poker chip bags during 888LIVE events this year. The online betting and gaming company will utilize unique tamper evident security solutions for its chips, starting with the upcoming event, 888poker LIVE Barcelona. A Unique Concept Poker players need
After recently adding to its growing roster of operator partners, Tom Horn Gaming has teamed up with iGaming platform provider White Hat Gaming via a content distribution deal. The new alliance allows White Hat Gaming to access the casino software supplier’s diversified range of titles, including those that have proven to be extremely popular with
The over 40 casinos in Macau reportedly saw their aggregated gross gaming revenues for April decline by over 68% year-on-year to hit a 19-month low of just over $331.19 million. According to a report from GGRAsia citing official information from the enclave’s Gaming Inspection and Coordination Bureau regulator, the disappointing result equated to a slump
Casino and hospitality giant MGM Resorts International has announced an offer to acquire online gaming operator LeoVegas. The Nevada-based heavyweight has commenced a public tender offer for 100% of the shares of the Swedish business at a price of SEK 61.00 in cash per share, equivalent to a total tender value of approximately $607 million.