Month: May 2024

The United Kingdom is set to introduce a series of liberalising measures aimed at enhancing the appeal of land-based gambling venues such as casinos, bingo halls, and arcades. This initiative is part of a broader strategy to ensure these establishments remain competitive with the rapidly expanding online betting and gaming sector. In a written statement
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The Ministry of Social Rights, Consumer Affairs, and the 2030 Agenda has announced the final sanctions for online betting and gambling infringements during the second semester of 2023 in Spain. A total of 17 operators have been penalized for committing serious or very serious violations, with fines surpassing €81 million (81,150,000 euros). The General Directorate
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Roney Beal, a 72-year-old resident of New Jersey, finds herself embroiled in a contentious battle with an Atlantic City casino over a substantial jackpot win. Beal’s claim of winning over $2 million at Bally’s Casino on a “Wheel of Fortune” slot machine in February has sparked a dispute that highlights the complexities of casino payouts and alleged
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A Massachusetts sports bettor encountered unexpected limitations on their wagering accounts following a significant win during Super Bowl 58. With a $13,500 cashout on a $375 bet for any non-quarterback throwing a touchdown pass, the bettor’s account underwent drastic changes post-victory. Previously unrestricted, their betting capacity plummeted to a mere $50. Similar tales of restricted
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May 17, 2024, marks a historic milestone as Harrah’s Columbus, NE Racing & Casino, Caesars Entertainment’s debut in Nebraska, opens its doors to the public for the first time. The grand opening festivities, attended by representatives from Caesars, Columbus Exposition and Racing, and the local community, commenced with a vibrant ribbon-cutting ceremony, giveaways, and much
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Entain, the British sports-betting and technology company, has successfully navigated compliance hurdles to obtain a full gaming license in Nevada. Entain’s compliance journey: Previously operating under limited licenses due to concerns over past business practices, particularly in unregulated markets, Entain has made significant strides in rectifying these issues. Erica Okerberg, Entain’s attorney, highlights the company’s commitment
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A recent academic study has shed light on the difficulties faced by frontline casino employees in Macau when attempting to address problematic gambling behaviors despite their strong understanding of responsible gambling principles. Conducted by the Centre for Gaming and Tourism Studies at Macao Polytechnic University and cited by Asia Gaming Brief, the study concludes that
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Star Entertainment revealed on Monday that a consortium led by Hard Rock Hotels & Casinos, based in Florida, is contemplating a bid for the financially troubled Australian company, causing its shares to soar by 20%. The potential acquisition by Hard Rock could provide a critical financial boost to Star, which has been struggling with a
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Multinational gaming company Codere Online has reported first-quarter revenues of €313.8 million ($334 million). The revenues fell 13.6% from the €363 ($394.4 million) posted in the same quarter last year, owing to challenges in Mexico and Argentina. Adjusted EBITDA for Q1 also declined, dropping 26.6% from €64.4 million ($70 million) to €47.3 million ($51.3 million). Consolidated net revenues
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Commercial US gaming revenue continued its slow growth during the first quarter of this year, but still managed to expand by a healthy margin compared to the same time last year. This according to data compiled by the American Gaming Association from state regulatory disclosures. The industry realized year-over-year growth across both land-based and online
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The upcoming Canadian Gaming Summit is set to emphasize the importance of responsible gambling amidst the rapid advancement of digital gambling technologies. The summit, to be held June 18-20 in Toronto, aims to highlight safeguarding practices and ethical marketing strategies that ensure player safety is not compromised. The summit will feature the 300-capacity Player Protection
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Online gaming content provider CT Interactive has certified 60 of its games, along with Hot Luck Jackpot, for the Peruvian Peru. This certification aligns with recent legislative updates in Peru, aimed at better regulating the country’s gaming industry. In response to these regulatory updates, CT Interactive has certified a diverse range of games to provide Peruvian
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Macau Legend Development has finalized the sale of its Savan Legend Resort in Laos, following the receipt of all necessary government approvals. The move was announced in a Thursday filing to the Hong Kong Stock Exchange, confirming Eminent Innovations, a company incorporated in the British Virgin Islands, as the purchaser. In a December 2023 filing, Macau
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Buenos Aires legislator Facundo Del Gaiso, from the Civic Coalition block, presented a new bill that prohibits the use of credit and social assistance debit cards in online betting, with the purpose of “strengthening the existing public policy regarding prevention and awareness of pathological gambling.” Del Gaiso’s proposal aims at limiting the means of payment
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