The illegal gambling organization run by Alvin Chau, the founder of the Macau-based gambling operator Suncity Group, received more than $42 billion in bets from Chinese gamblers from 2015 to 2019, Asian Gaming Brief reports. Over the given period, the syndicate organized cross-border gambling operations through a large number of of agents to collect the
Month: January 2024
Although sports betting has been legalized in 37 US states, illegal gambling operations still proliferate in the states that do not allow this type of gambling. As reported by Covers, more than 201 million visits to illegal betting sites in America were recorded for the first three months of the NFL season alone to confirm
Although the holidays are over for some, the spirit of giving hasn’t ended at Everygame Poker! In this sense, from January 8 to 15, the leading poker room has decided to reward its slot players with free spins on 3 Betsoft’s slots such as Super Golden Dragon Inferno, Hot Lucky 7s and Triple Lucky 8s.
Sports Information Services (SIS), one of the major suppliers of unique betting services to both the retail and online industry, signed a major agreement with Playtech. The company will grant its new partner access to the advanced sports betting products developed by its Competitive Gaming brand through Playtech’s sports betting platforms. An impressive portfolio of
Genting Singapore, owner of the famous Resorts World Sentosa, would likely bid for an integrated resort and casino license in the Kingdom of Thailand. However, for that to happen, the government of Thailand must loosen restrictions on the industry, according to the information provided by Maybank, an investment bank. Possible formation of a joint venture:
On Thursday, January 4th, 2024 the Atlanta Braves have signed their recently acquired veteran left – handed starting pitcher, Chris Sale, to a 2 – year contract extension worth up to approximately $38 million, restructuring his deal in the aftermath of his trade from the Boston Red Sox just about a week or so ago.
DraftKings and NASCAR announced Friday that they have agreed to terms on a written designation agreement, paving the way for the digital sports entertainment and gaming company to operate in the state of North Carolina, pending licensure and regulatory approvals. DraftKings also has been named the exclusive daily fantasy sports partner of NASCAR in the
January 08, 2024 The Irish Poker Tour has just crowned its newest €600 Galway Poker Festival Main Event champion, Derek Baker, who takes home the sum of €83,500, which amounted to the lion’s share of the €434,075 prize pool, a trophy, and a beautiful custom made bracelet. After a marathon 15 hour Day 2, Baker
Betting operator Betsson has secured a three-year deal with Atlético Nacional, one of the leading football clubs in Colombia, making it the global main sponsor of the team. This agreement marks the club’s first major jersey sponsorship change in 23 years. Atlético Nacional, founded in 1947, boasts a record of 33 titles, including two Copa Libertadores
UK gambling harm education and prevention charity GambleAware has welcomed the establishment of a statutory industry levy, arguing it will help fund problem gambling research. “GambleAware welcomes the introduction of a statutory industry levy to fund gambling harms research, prevention and treatment (RPT). This is something we have long called for and it marks an
Gaming Laboratories International (GLI) announced that it has achieved accreditation from the American Association for Laboratory Accreditation (A2LA)to the ISO/IEC 17025:2017 standard (General requirements for the competence of testing and calibration laboratories) for its laboratories in Noida, India, and Moncton, Canada. “These accreditations are the latest achievements in a years-long push by GLI around the
California Secretary of State Dr. Shirley N. Weber has given the green light for the proponent of a proposed sports betting initiative to commence the collection of petition signatures starting January 2, 2024. Two ballot initiatives that would pave the way for tribal entities in California to gain exclusive rights to offer sports betting, both in
Payments solutions company OKTO has unveiled and integrated OKTO.CASH, its eVoucher cash payment solution with betting operator and igaming company Betsson Group. OKTO says that OKTO.CASH, a cash-to-digital payment method now allows Betsson users in Greece to effortlessly top-up their accounts with cash in real-time, leveraging a vast network of over 13,000 points of sale
January 08, 2024 Fans of the 888poker LIVE tour only have two weeks to wait before the first stop of the 2024 season shuffles up and deals. 888poker LIVE Madrid runs from January 22-29 at the Gran Via casino in beautiful Madrid and if last year is anything to go by, 888poker players are in
Macau’s gross gaming revenue (GGR) is anticipated to reach MOP 17.5 billion ($2.2 billion) in January 2024, marking a recovery to 70 percent of the 2019 level, as per a research report by brokerage Citigroup. Citigroup observed that the GGR for December 2023 amounted to MOP 18.567 billion ($2.3 billion), surpassing both market and broker
The expansion of online gambling in the United States, particularly mobile sports betting, is under scrutiny following a study suggesting that social costs could be “roughly equal” to government tax revenues. This research, commissioned by the Campaign for Fairer Gambling, suggests that the promised economic windfall might not be as profitable as anticipated. New Jersey,
iGaming and sports betting operator BetMGM has secured the title sponsorship for this year’s Premier League Darts, as announced by the Professional Darts Corporation (PDC). The BetMGM Premier League will be held from February to May where eight players will compete for £1 million ($1.3m) in prize money across 17 nights. Each of the 16 league nights
The Board of Directors of Kambi Group has announceed that its CEO and Co-Founder, Kristian Nylén, has notified the Board of his intention to step down from his current position during the year, upon the appointment of a successor. Since co-founding Kambi with Anders Ström in 2010, Nylén has steered the Company through numerous milestones,
Pragmatic Play has announced the release of its new slot game, “The Big Dawgs”. This canine-themed slot game offers players 2,304 ways to win. Using a 5×5 grid, “The Big Dawgs” allows for winning combinations of dog-related symbols and objects, which can be formed in any direction on the grid. Winning symbols are removed after each
Billionaire Bet365 boss pockets further £270m Latest bumper payout for Denise Coates comes despite a £60m loss for 2022-23 The billionaire boss of Bet365 pocketed more than £270m last year in another huge payday for the founder of the Stoke-on-Trent-based gambling company. Denise Coates, who set up Bet365 in a portable building in the Staffordshire