Flutter Entertainment’s UK sports betting brand Sky Bet and the English Football League (EFL) have launched the ‘Building Foundations’ Fund to provide £6 million (approximately $7.37 million at current exchange rates) of funding for community projects across England and Wales. Sky Bet is the title partner of the EFL. The ‘Building Foundations’ Fund represents the largest
Month: November 2023
Melco Resorts & Entertainment has clocked operating revenues of $1.02 billion for the third quarter ending on September 30, 2023, representing an increase of approximately 321% from the $241.8 million posted for the comparable period in 2022. The increase in total operating revenues was primarily attributable to the improved performance in all gaming segments and
As over 30,000 workers across Clark County prepare for a strike, the Las Vegas casinos which will be impacted by the stoppage are preparing for the worst. In an ominous sign of things to come, management at these resorts is making plans to keep their properties running in a “worst case” scenario. Employees at MGM,
Bookmaker Ballers Sportbook announced that the Puerto Rico Gaming Board of Commissioners has granted it the approval to start operating in the Caribbean country. It will be the first company with total Puerto Rican capital to offer this type of service in its territory. The operation is led by local businessman Daniel de Ontañón,
At Chase’s Make Your Move Summit that occurred during the last week, Mark Cuban, the leader and owner of the Dallas Mavericks, expressed his wish for a casino-centered resorts to be located in Texas, according to the Dallas Morning News. Potential to lure many tourists: The aforementioned Cuban, who has a net worth of approximately
The UK Gambling Commission (UKGC) has appointed Nick Rust as the inaugural Chair of its Industry Forum. Assuming his role in November, Rust will serve as the Chair for a two-year term. In the past, Rust has held prominent positions in the gambling and sports sectors, including a six-year tenure as the CEO of the British Horseracing Authority.
The Swedish gambling regulator, Spelinspektionen, has banned two gaming brands for operating in the country without a license. The regulator is mandating Moonrail Limited and Perfect Storm, registered in Curaçao, to cease targeting Swedish customers over violations of chapter 3, section 3 of the country’s Gambling Act. Perfect Storm was investigated for operating csgo500.com and
Gaming Innovation Group (GiG) has reported a successful third quarter, marked by an increase in group-wide revenue and a resumption of merger and acquisition (M&A) activity. GiG also reaffirmed its intention to enhance its presence in the US market and expand its position in the iGaming industry, focusing on two core business areas: Media and Platform
Georgia’s Prime Minister has increased taxes on the gambling sector after describing the gambling levels in the country as “catastrophic.” Prime Minister Irakli Gharibashvili, in his budget speech, said that sector turnover grew from GEL 48 billion to GEL 52 billion ($19.2 billion) in 2022. Gharibashvili expressed surprise at the increased participation rate, which took
November 08, 2023 PokerNews is on-site at the 2023 PokerStars North American Poker Tour (NAPT), and while we’re offering live updates from events like the $1,650 NAPT Main Event and the $10,300 Super High Roller, which was won Tuesday night by Jesse Lonis, there are also a slew of side events playing out at Resorts
November 08, 2023 The PokerStars 50/50 Series returns on November 12 and features, as its name suggests, 50 tournaments costing $50 to enter. The only place the number 50 falls down is regarding the combined guarantees on the prize pools because they weigh in at an impressive $3 million. The 50/50 Series has a tournament
November 08, 2023 How many times have you hit a straight flush? Not many I’m sure! Bill Klein does exactly that in this poker hand from the 2021 Super High Roller Bowl in the PokerGO Studio in Las Vegas. What’s even more impressive is that two of his opponents — Alex Foxen and Justin Bonomo
The withdrawal of the Vornado Realty Trust from the race for the last midtown New York casino license seems to have raised the spirit of the remaining four major potential bidders. One of them, New York Mets owner Steve Cohen, is now making a crucial step forward to take a lead over the competitors. As
The long-expected opening of Durango Casino and Resort in Nevada had been scheduled for November 20. However, as the day comes close, it becomes clear that the resort won’t be open when expected. The reasons for the delay: As Red Rock Resorts announced, the opening will be delayed by more than two weeks, which means
The MLB’s New York Mets owner, Steve Cohen, has unveiled plans to collaborate with Hard Rock International in the development of an $8 billion casino and entertainment complex on a 50-acre parking lot adjacent to the Citi Field baseball stadium in Queens. The project, named Metropolitan Park, is part of Cohen’s bid for one of
The Seminole Tribe has reactivated operations for its online sports betting app in Florida, despite looming legal disputes questioning the legality of its monopoly in the state. Operated by Hard Rock, Hard Rock Sports Bet’s relaunch took place Tuesday, although it is aimed at a limited user base. Seminole Tribe spokesman Gary Bitner announced that
ESPN Bet has received the go-ahead to launch in Massachusetts on November 14th. However, state regulators noted that they will require more information about how personalities on the ESPN network are allowed to discuss wagering with their audience. The Massachusetts Gaming Commission (MGC) on Tuesday, at a public meeting, reviewed the 10-year, $2-billion marketing deal
November 08, 2023 In the fast-paced, ever-changing world of casino gaming, video poker stands out as a timeless classic. Available in land casinos and online casinos alike, this captivating poker/slot mix brings together strategy, luck, skill, and excitement in a thrilling combination. In this article, we’ll provide a guide to the exhilarating world of video
In anticipation of the upcoming SiGMA Europe in Malta, Soft2Bet is gearing up to showcase its offerings at the event, promising an array of exciting features on display. Among these, gamification is set to take center stage, a feature that plays a pivotal role in enhancing player loyalty and engagement. Ahead of the meeting, taking
The Richmond Grand Resort and Casino project in Virginia has been rejected by city voters for a second time and by a much larger margin than the first casino referendum held in 2021, as about 58% of Richmond voters said no to the $562 million project on Tuesday. The pro-casino PAC Richmond Wins, Vote Yes