Federal prosecutors and the FBI have arrested a Brooklyn man implicated in a betting scheme involving former NBA player Jontay Porter, who was expelled from the league earlier this year. The arrest was confirmed through NBA league records and a criminal complaint filed by prosecutors in Brooklyn, according to NBC New York. Long Phi Pham,
Month: June 2024
The Hard Rock Hotel & Casino Bristol announced on Wednesday that the grand opening of its permanent casino and resort space, initially slated for July, has been delayed until later this year. This decision was revealed in a news release from the casino, quoted by WJHL 11, highlighting a revised timeline for the completion of
The United Arab Emirates (UAE) emerges as an enticing domain for gaming enthusiasts and discerning investors alike, as per findings from CBRE Institutional Research. Recently, the equity and credit teams from CBRE Institutional Research embarked on a journey to the UAE, delving into the burgeoning gaming scene, dissecting its complexities, and crafting a compelling narrative
The Victorian Gambling and Casino Control Commission (VGCCC) declared on June 6, 2024, the initiation of a comprehensive examination into the rules governing bingo within the state, aiming to solicit opinions from industry stakeholders and the wider community. This inclusive approach seeks to deepen the understanding of sectoral challenges and explore avenues to fortify regulatory
In a move aimed at fostering industry growth and attracting more investment, Alejandro Tengco, chairman and CEO of the Philippine Amusement and Gaming Corp (Pagcor), revealed plans to reduce once again the rates for operators of electronic-delivered games in the country, effective January 1, 2025. Addressing industry challenges: Tengco acknowledged the challenges faced by operators
Beijing is escalating its crackdown on illegal money exchange activities within Macau’s casino industry as part of a broader campaign to tackle illegal gambling and money laundering. China’s Ministry of Public Security held a high-level meeting to coordinate a nationwide crackdown on these illicit operations, Macau Daily Times reported, citing an article in the People’s Daily. The initiative aims to
John Borghetti, former CEO of Virgin Australia, will become Crown Resorts’ new chairman effective July 1. Borghetti takes over from William McBeath, who will remain an independent non-executive director after serving as chairman since July 2022. Borghetti, who has been chairman of the Crown Sydney business since mid-2022, was appointed by Blackstone following its acquisition of Crown
Gold Strike Casino Resort in Tunica formally celebrated Wednesday the opening of the Next Level Lounge powered by Aristocrat Gaming, billed as the property’s “newest gaming experience.” The casino says that the Next Level Lounge offers guests “an elevated experience, featuring the latest in modern electronic gaming options along with a freshly renovated aesthetic.” Located on
From May 20 to 22, the 1st International Conference on Responsible Gambling and Gaming Addiction took place in Quezon City, Philippines. The meeting drew clinicians, psychologists, social workers, policymakers, academics, government officials, and gambling operators, who discussed strategies for promoting responsible gambling practices in the industry. Simon Vincze, Head of Sustainable & Safer Gambling at
One of the world’s largest commercialized gambling markets, the UK iGaming sector outperforms Australia, France, and the US, with online gambling revenue on pace to reach USD13.78 billion in 2024. The increasing popularity and growth of online platforms are major factors boosting the gambling market in this European country. Whether it be lotteries, poker, sports
The Hellenic Gaming Commission reported that total turnover from legal gambling activities in Greece, including OPAP, lotteries, racecourse betting, online gambling, and casinos, reached €10.85 billion ($11.79 billion) in the first quarter of 2024, up from €9.51 billion ($10.33 billion) during the same period last year. Reformed turnover (TGR), which includes profits and bonuses reinvested
Ed Craven and Bijan Tehrani, founders of Stake.com, have increased their ownership in Australian online bookmaker PointsBet. The duo announced to the Australia Securities Exchange (ASX) last Friday that they had increased their PointsBet holdings to 16 million shares, or over 5% of the outstanding shares of the bookmaker, Australian Financial Review reported. Their share stood at
Andreas Reimblad, Director of Sportsbook at Kindred Group, has announced his resignation after more than a decade with the company. Reimblad, who took on his current role in February 2021, revealed his decision to step down in a LinkedIn post, citing a new opportunity ahead. Reimblad joined Kindred in June 2012 as Development Manager of
Play’n GO‘s intrepid explorer Rich Wilde returns in the latest addition to the company’s popular slot series, Rich Wilde and the Tome of Insanity. This new release sees the character working tirelessly to keep ancient artifacts out of the hands of darkness, continuing the narrative from Rich Wilde and the Tome of Madness. In this
For the second consecutive year, casino gaming provider Euro Games Technology (EGT) has been awarded the Best Land-based Game Machine 2024 prize at the SIGMA Asia Awards. The accolade was presented on Monday at the Forbes Ballroom, Conrad Hotel, Manila, with the awards celebrating outstanding achievements in the gaming industry over the past year. The
June 06, 2024 What Day 9 of the 2024 World Series of Poker (WSOP) at the Horseshoe and Paris Las Vegas lacked in bracelets awarded (compared to the previous day), it more than made up in the number of events in-play at any one time. While only one new WSOP champion was forged on June
June 06, 2024 As the excitement builds around the annual World Series of Poker (WSOP) in Las Vegas, the excitement is palpable among players gearing up for the ultimate showdown. However, amidst the rush of adrenaline and strategic calculations, it’s essential to remember the importance of both mental and physical well-being. This is where PokerHeal
Booming Games, a premium slot provider in the gaming industry, has announced its latest collaboration with SportBet.it, one of the largest operators in Italy. This partnership marks a significant milestone in expanding Booming Games’ presence in the Italian market and delivering top-quality gaming content to a broader audience. Successful Integration of Premium Gaming Content Last
The Spanish online gambling market has shown robust growth in the first quarter of 2024, as reported by the Directorate General for the Regulation of Gambling (DGOJ). The Gross Gaming Revenue (GGR) for the quarter reached €350.69 million, marking an 11.23% increase quarter-over-quarter and a 15.14% increase year-over-year. This significant rise underscores the market’s resilience
June 06, 2024 The Bulgarian rail was out in force on Wednesday night to witness Simeon Spasov win his second WSOP gold bracelet in Event #12: $1,500 6-Handed No-Limit Hold’em at the 2024 World Series of Poker at the Horseshoe and Paris Las Vegas. Spasov defeated John Henry Gordon in heads-up play to win $439,815