Brazilian newspaper Folha de S. Paulo published an article comparing the taxation of sports betting winnings (set at 15%) with that levied on the sale of cigarettes, alcoholic beverages, and lotteries such as the Mega Sena. In all cases, betting’s tax is lower. The tax on cigarettes and beverages is 80%. According to the report,
Month: January 2024
Asian markets are famed for their vitality and the enthusiasm of their players. The post-pandemic rebound is in full swing across the region, and here Slotegrator shares an overview of Asian markets in 2024. According to ASEAN’s annual report, issued in July 2023, the Asian economy is fully back on track — it was expected
Virginia State Senator Dave Marsden, D-Fairfax, introduced a bill Wednesday aimed at facilitating the establishment of a casino in Fairfax County by adding it to the list of areas in the state eligible for a gambling venue. The proposed legislation outlines the preliminary steps for the development of a large-scale casino in Tysons. Senator Marsden’s
Las Vegas Sands’ proposed $4 billion casino resort in Uniondale, facing scrutiny for its potential environmental impact, took center stage at a Hempstead Town hearing on Thursday. Engineers and planners are set to evaluate over 100 intersections, water availability, and air quality surrounding the Nassau Coliseum site. The gathering at the Long Island Marriott in
Caesars Virginia commemorated the advancement in the construction of the upcoming hotel and casino complex by holding a topping-off ceremony Thursday afternoon for the property’s 12-story hotel. The event featured the hoisting of a tree and an American flag to the top of the building, symbolizing respect for the land and nature, as explained by
Ontario’s iGaming and sports betting industry continued to thrive in the third quarter of fiscal year 2023-24. The province generated CAD 658 million ($488 million) in revenue over Q3, an increase of 22% when compared to second-quarter figures. The activity recorded runs from October 1st to December 31st, 2023, and does not include information on
January 19, 2024 Imagine turning £5 into a €1,100 seat for the upcoming WPT Prime Amsterdam Main Event and £1,000 in cash. It’d be pretty cool, right? How would go about getting involved in such a deal? Not by playing an online satellite but by heading to Poker Raffles, the brainchild of the folks behind
Michigan’s commercial and tribal operators collectively generated $242.5 million in iGaming gross receipts and sports betting gross receipts in December, representing a 15.9% increase compared to November. This figure brings the total online revenue for 2023 to $2.3 billion. The December surge was driven by iGaming, which reported record gross receipts totaling $181.4 million, surpassing the
iGaming content provider EGT Digital has partnered with South African operator 10Bet to provide its slots to customers of the brand. The supplier said that 45 titles from its portfolio are already at the disposal of the visitors of 10Bet. “Our customers were immediately captivated by the Bulgarian provider’s games and since the very first
The Senate of Puerto Rico is moving forward in the discussion of a House bill (1593) that seeks to amend the Gaming Machine Law to guarantee payment of at least 50% to retirees of the Puerto Rico Police, as well as to regulate the number of machines and establish timeframes for the payment of licenses.
Pennsylvania’s gambling industry achieved a new milestone in 2023, reporting a record-breaking $5.69 billion in revenue, marking a 9.3% increase from the previous year’s high of $5.21 billion. According to data released by the Pennsylvania Gaming Control Board, the corresponding tax revenue reached a record $2.34 billion, surpassing the 2022 figure of $2.12 billion. This
Gaming test lab and product certification consultancy BMM Testlabs announced Wednesday that Nicole Babbs has been promoted to Vice President, Global Quality. Throughout her career, Babbs has served as Director of Global Quality and Director of Quality at BMM Testlabs, and as Director of North American Operations for Interblock Gaming. She earned a Bachelor of Science
iGaming content provider Play’n GO is expanding its West Virginia market share with the launch of its content with Rush Street Interactive, via the operator’s BetRivers brand. The supplier had already partnered with RSI in Michigan, also through BetRivers. This expansion of the relationship to West Virginia gives Rush Street players in the state access to
From February 6 to 8, ExCeL London will for a last time host one of the most anticipated events of the year in the gaming and entertainment sector: ICE London 2024. The major expo, set to relocate to Barcelona starting next year, will once again bring together leading names in the industry under the same
International Game Technology (IGT) announced Wednesday that it has received a contract extension to continue to supply the UK National Lottery’s core lottery system ahead of the switchover to a new platform and as Allwyn prepares to take control of the lottery next month. Jay Gendron, IGT COO Global Lottery, said: “We are pleased to
iGaming content supplier Pragmatic Play is launching Privé Lounge Baccarat, described as “a premium and exclusive Live Casino experience.” The provider notes that in this enhanced version of the classic live game, only one player at a time can join the table, ensuring what it calls “a truly private and VIP atmosphere.” Pragmatic Play further
Digital payment solutions provider OKTO has announced its ally membership with the American Gaming Association (AGA), the national trade group for the U.S. casino gaming industry. “The membership solidifies OKTO’s dedication to the highest regulatory standards, continual support for responsible gambling practices, and the advancement of digital transformation in the industry,” the company said in
Date Time (GMT) Event Buy-in Fri 19 Jan 4:00 p.m. $200,000 XL Winter #20 – Mystery Bounty Day 1 $162 5:00 p.m. $8,000 XL Winter – Mystery Bounty 11 $11 6:00 p.m. $100,000 XL Winter #35 Mystery Bounty Mini Main Event Day 1 $25 6:30 p.m. $12,000 XL Winter – Mystery Bounty
January 19, 2024 888poker ambassador Ian Simpson takes you to school in the latest Made to Play strategy video from the online poker platform. Below, he lists five top tips on when you should defend your big blind, which take into account aspects such as position, raise sizes, stack depths and ICM. Big Blind Defence
January 18, 2024 Wynn Las Vegas released the schedule this week for the 2024 Wynn Millions Poker Series, a nearly monthlong festival with more than $8 million in guaranteed prize money up for grabs. The Wynn Millions festival will run Feb. 19-March 24 and will consist of several events and satellites before culminating with the