Montenegro’s recent enactment of amendments to its gambling laws, effectively banning modern electronic payment methods such as Apple Pay, PayPal, mobile banking, IPS, and e-banking, has sent shockwaves through the global financial community, particularly in the European betting and iGaming sectors. Challenges to EU compliance: The Minister of Finance’s assertion that the country is not obligated to
Month: May 2024
Colorado’s entry into legalized sports betting four years ago has yielded unexpectedly high results, surpassing revenue projections. The success of the vertical has now prompted discussions on the allocation of the surplus funds, with lawmakers seeking to ask voters to let Colorado use more taxes on water projects, instead of giving them back to the
The Government of Madrid reported that land-based betting shops have decreased their presence by 60% in the Spanish autonomous community since 2019, dropping from 160 in that year to 64 to date. Meanwhile, gambling saloons have registered a decreasing trend of 8%. In his presentation to the plenary session of the Madrid Assembly, the Minister
Alderney has received more than £2.3 million ($2.9 million) in profits from the Alderney Gambling Control Commission in 2023. The amount was £636,000 ($812,340) more than in 2022 due to a “strong rebound by the online gambling sector worldwide” from the Covid-19 pandemic, the States of Alderney said. The Alderney Gambling Control Commission has regulated
Sweden’s gambling regulator Spelinspektionen has expressed support for a proposed comprehensive ban on gambling with credit, while also calling for greater clarity on the new rules and regulations. Under current laws, licensed operators are already prohibited from offering or providing credit for gambling. However, the Ministry of Finance’s proposal in February aims to extend this ban,
International Game Technology (IGT) announced Thursday that its Wheel of Fortune and MegaJackpots slots awarded a trio of million-dollar-plus jackpots in April. On April 4, a Wheel of Fortune slots player won $1,794,169 playing Wheel of Fortune Double Diamond at the Nugget Casino Resort in Reno, Nevada while another player won $1,106,270 on April 11 playing Wheel
May 28, 2024 Day 2 of the Spring Championship of Online Poker (SCOOP) Main Events on PokerStars were an enthralling affair that saw all three surpass their guarantees and play down to the money. Be sure to check out our daily recap from the action at the tables, including a maiden for PokerStars Ambassador Parker
May 28, 2024 Ali Ayub has become the first-ever EAPT UK Main Event champion and bagged a cool £67,400 for his troubles at Dusk Till Dawn The local hero outlasted 857 players and, after agreeing to an ICM chip-chop, beat Ionut Dumitrana heads-up to take the crown. The DTD regular and commentator was a popular
Swintt, the EGR award-winning software provider renowned for its classically-themed Premium releases and cutting-edge Select slots, has proudly announced its approval to operate in Ontario. This approval means Swintt’s complete portfolio of games will be accessible on AGCO-licensed platforms, bringing their innovative content to Canadian players for the very first time. Swintt’s Expansion into Regulated
May 28, 2024 While the Spring Championship of Online Poker (SCOOP) Main Events continued, there was still plenty of action on PokerStars on Monday night. And it was a great night for PokerStars Ambassador Parker Talbot, who took down his first SCOOP title, with Simon “C. Darwin2” Mattsson becoming only the fifth player to win
May 27, 2024 The World Series of Poker (WSOP) has long stood as the premier poker event globally, drawing the most skilled and dedicated players worldwide. Over the next two months, fierce competition will unfold as players vie for one of the most prestigious accolades in the WSOP: the Player of the Year (PoY) title.
May 27, 2024 Five years ago, one of the most infamous incidents in World Series of Poker (WSOP) Main Event history took place. It happened on Day 1c at Table #317 in the Rio’s Pavilion Yellow section in Level 2. That is when the poker world was first introduced to “The Naked Bandit,” who was
Casino entertainment provider Play’n GO was crowned Game Studio of the Year at the CasinoBeats Game Developer Awards in Valletta, Malta for the second consecutive year. The Swedish gaming company also bagged the Best Music/Soundtrack award at the event, held on Thursday. “The Game Studio of the Year award is a testament to Play’n GO’s outstanding
Gateway Casinos and Entertainment is celebrating its 25th anniversary in Sault Ste. Marie. The casino, which first opened on May 19, 1999, marked the occasion with a special event attended by Mayor Matthew Shoemaker, City Council members, Ontario Lottery and Gaming (OLG) executives, local dignitaries, and staff. Over the past 25 years, the casino has
Macau’s gaming sector saw an 89.1% increase in suspicious transaction reports in the first quarter of 2024 compared to the same period last year. According to data from the city’s Financial Intelligence Office, the casino industry filed 1,125 suspicious transaction reports between January and March, up from 595 in the first quarter of 2023. Overall
Digging on the next tunnel of the Boring Company’s Vegas Loop has reached the off-Strip Virgin Hotels resort, Elon Musk-owned Boring Company announced via its X account on Friday. The tunnel is part of the University Center Drive loop. According to the Las Vega Review-Journal, tunneling on the portion began last month at a small plot of land
May 27, 2024 Another Triton Super High Roller Series festival is in the books with the conclusion of the Triton Montenegro event. Held at the Maestral Resort & Casino in Budva, Montenegro, the festival opened up with the Chris Moneymaker banking a sensational $903,000 win and has now closed with Martin Dam adding his name
The Danish Gambling Authority (DGA) has updated the requirements for reporting game data, inviting interested parties to comment before the final version is issued. The updated requirements are expected to come into force in 2025, though the exact date has yet to be determined. A possible transition period will also be detailed upon issuing the final
UK-based bookmaker Paddy Power has canceled its Euro 2024 advertising campaign featuring former Prime Minister Boris Johnson after facing backlash from its staff. Johnson, the lead campaigner for Brexit in 2016, was set to appear in an England No 10 jersey with the slogan “I told you I would get us back in Europe.” The campaign,
Gambling law and regulation conference Regulating the Game has announced the launch of its exhibition packages for its 2025 edition in Sydney, set to take place on March 10 – 13. The event’s upcoming edition is “designed to showcase cutting-edge innovation and technology that elevate sector and regulatory capabilities and performance,” according to organizers. “By exhibiting