Month: December 2023

In this article, iGaming industry consultant Ron Mendelson, Fast Offshore, delves into the key news and developments that defined the online gaming sector during this transformative year. The iGaming sector reached new heights in 2023, marking a year of substantial growth, innovation, and regulatory evolution. Not only did the industry experience a surge in revenue,
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PENN Entertainment Inc., a flagship global multi-platform sports entertainment firm, officially will hold a groundbreaking ceremony for its 2nd hotel tower at M Resort, a $206 million project, at 2 PM PST on December 12th. Groundbreaking ceremony: After a brief presentation with dignitaries such as the whole Henderson City Council that consists of 5 members,
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FBM Foundation, the humanitarian cooperation arm of the FBM gaming brand, has made a significant contribution to the Philippine Children’s Medical Center in Manila. As part of its ‘LIVE. LOVE. HOPE.’ donation program, the foundation provided over ₱1,000,000 ($17,990) in donations to aid the center’s daily operations and distributed grocery packs and educational supplies, benefiting
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The Brazilian Senate confirmed, through its news agency, that the analysis of bill 3626/23, which establishes rules for the operation and taxation of fixed odds sports betting, is on the agenda of the plenary session this Tuesday, December 12. The rapporteur of the initiative, Senator Angelo Coronel (PSD-BA), read his opinion during the plenary session
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The Harrah’s Cherokee Valley River Casino & Hotel in North Carolina is currently undergoing a $275 million expansion project, expected to be completed by late 2024. Although the resort opened in Murphy in 2015, a casino expansion has been underway for the past year. The multi-million investment includes a 25,000-square-foot gaming floor expansion, seeking to add 300 slot machines, 8
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Gaming Innovation Group (GiG) has announced the appointment of Matthew Saxon as Chief Technology Officer (CTO) for Platform & Sportsbook. The appointment comes as GiG continues to strengthen its senior executive team under Platform and Sportsbook CEO Richard Carter.  With a 30-year tenure across iGaming and financial sectors, in a resume that includes executive positions
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After two years of steady growth, it appears the online casino industry in the Netherlands is poised for more of the same in the coming year, according to the Dutch Gambling Authority, Kansspelautoriteit (KSA). The country’s sole regulating agency responsible for all gambling-related issues recently revealed that while growth of the Netherlands’ regulated online market
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