Month: June 2023

Macau’s gaming industry is expected to reach pre-Covid levels in the second quarter of 2023. According to investment bank Morgan Stanley, industry EBITDA would increase by 46% quarter-on-quarter, reaching $1.6 billion, equivalent to 70% of pre-pandemic levels. Meanwhile, free cash flow to equity is expected to approach 60% of 2019 levels. According to analysts Praveen
0 Comments
Superbets’ COO, Luis Felipe Cornejo, attended the twentieth edition of the Peru Gaming Show in Lima and highlighted the relevance of the event, which, he said, is an example of the “rapid evolution” of the gaming industry. In an exclusive interview with Yogonet, Cornejo talked about his recent incorporation into Superbets, an online gaming and
0 Comments
The Pennsylvania Gaming Control Board (PGCB) has imposed $48,000 in fines on a casino and a fantasy sports contest licensee. The regulator has also placed seven individuals on its exclusion list due to incidents where children were left unattended at casinos. The Board approved the two consent agreements presented by the Board’s Office of Enforcement
0 Comments
International Game Technology (IGT) announced Thursday that its IGT Global Services subsidiary has signed a cross-licensing agreement with FDJ Gaming Solutions France (FGS), a subsidiary of FDJ Group that delivers B2B betting services, distribution services, and interactive services for the gaming industry. This cross-licensing agreement grants both companies access to each other’s full suite of
0 Comments
Merkur Gaming has issued a statement highlighting the “overwhelming” positive response from visitors and exhibitors to the 2023 edition of the Peru Gaming Show, which also responded favorably to the company’s showcase at the event.  According to the company, the event was hailed as “a truly exceptional gathering,” potentially ranking as the best in the
0 Comments
The Peruvian Government decided to enact Law 31.806, which modifies certain aspects of the law that regulates online gambling and sports betting, placing the same level of taxation on all betting operators, whether foreign or Peruvian, and thus ensuring a greater tax collection. The law, published in the Official Gazette with the signature of President
0 Comments