Month: May 2024

PayBrokers, a payment solutions company specializing in financial transactions in the eFX, iGaming, lottery, and capitalization segments in the Brazilian market, participated in the Coolritiba Festival, which took place on Saturday, May 18 in Curitiba. It was “a unique experience that combines music, fashion, art, and social action, all under the theme of sustainability,” according
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Michigan commercial and tribal operators reported a combined $234.8 million total internet gaming (iGaming) gross revenue and gross sports betting receipts in April. Gross revenue decreased 8.7% from March’s $257.1 million figure. As per data released by the Michigan Gaming Control Board, April iGaming gross receipts totaled $192.9 million and gross sports betting revenues stood at $41.9 million. In March, gross sports
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The Nevada Department of Employment, Training, and Rehabilitation (DETR) will assist the 3,350 employees impacted by The Mirage’s closure this summer. Hard Rock International, which operates The Mirage, announced the casino resort will close on July 17 for renovations and rebranding. A WARN Act notice filed with Nevada DETR confirmed the closure’s impact on employees,
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SBC has announced the launch of SBC Summit Americas, a “reimagined” show that combines SBC Summit North America and SBC Summit Latinoamérica, creating a single platform for the entire American gaming community. The new-look event, scheduled for May 13-15, 2025 in Fort Lauderdale, Florida, will bring together the North American and Latin American gaming markets under one roof for a comprehensive
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The Massachusetts Gaming Commission convened a public roundtable on Tuesday to address the contentious issue of bettor limitation practices within the bookmaking industry. Despite invitations extended to ten sportsbook operators in Massachusetts, all declined participation, citing concerns regarding the confidentiality of proprietary systems and risk management strategies. They sought private sessions, which the regulator declined.
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During the latest edition of BiS SiGMA America in Sao Paulo, the Yogonet team spoke exclusively with Gevorg Rushanyan, Manager of Digitain’s sales team in Latin America. During the interview, Rushanyan assured that as suppliers of sports betting and online gaming solutions, they were able to present their wide portfolio to the Brazilian public, and highlighted
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Thor Equities, alongside Saratoga Casino Holdings, the Chickasaw Nation, and Legends, is refining its proposal for The Coney, a transformative project in Coney Island, Brooklyn. Shaping the vision: The scope of The Coney project, initially synonymous with a casino venture, is expanding beyond gaming tables. Now, the $3 billion development blueprint encompasses a 500-room hotel, a 2,500-seat concert
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iGaming software provider SOFTSWISS has released an overview of its sportsbook product in the first quarter of 2024. The Q1 analysis indicates a marked preference amongst bettors for real-time wagering.  “This trend enhances engagement and offers sports betting operators higher margins and quicker capital turnover, demonstrating live betting as one of the key drivers of
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Virginia Governor Glenn Youngkin has vetoed 48 bills passed by the Democratic-led General Assembly, including legislation aimed at taxing and regulating so-called “skill games” in the state. This decision deals a major blow to gambling interests and business owners who had pushed for the reinstatement of these machines in various establishments, such as convenience stores,
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Laguna Development Corporation (LDC) has announced a strategic partnership with Caesars Entertainment, Inc. to launch multiple in-person sportsbooks across their gaming properties in New Mexico. The new Caesars Sportsbook locations are now operational at Route 66 Casino Hotel and Casino Xpress, located west of Albuquerque, and Dancing Eagle Casino, situated east of Grants. Maxine Velasquez,
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