The Philippine Amusement and Gaming Corporation (PAGCOR) has made significant strides in its ongoing campaign against illegal online gaming, successfully blocking 5,793 of the 7,747 sites detected, which accounts for approximately 74.78% of the total identified. This was announced by Ret. Gen. Raul Villanueva, Senior Vice President of PAGCOR’s Security Monitoring Cluster, during a public
Month: July 2024
Accel Entertainment has announced a major strategic acquisition, purchasing the FanDuel Sportsbook and Horse Racing venue in Collinsville, Illinois for approximately 35 million dollars in stock. This acquisition includes both Fairmount Holdings Inc. and its subsidiary, Fairmount Park Inc., which currently hosts the only active horse racing venue in the greater St. Louis area. The
SkillOnNet, a leading force in global entertainment, has strategically deepened its alliance with the innovative Swedish game developer, Elk Studios. This partnership marks a significant expansion into the Spanish gaming market, introducing SkillOnNet’s vast Spanish-speaking audience to Elk Studios’ uniquely designed games. These games are renowned for their exceptional blend of advanced mathematical concepts and
CLSA has revised its financial projections for Macau’s gaming sector for 2024 and 2025. This adjustment reflects ongoing changes in the global and regional economic landscape, competitive pressures among Macau’s casino operators, and evolving regulatory frameworks. The firm has specifically adjusted its expectations for Gross Gaming Revenue (GGR) and Earnings Before Interest, Taxes, Depreciation, and
In a decisive move to curb illegal online gambling activities, Ukraine’s gambling regulatory body has implemented stringent measures by blocking access to several websites that were operating without proper licenses. This action reflects the regulator’s ongoing commitment to enforce gambling laws and ensure a safe and regulated environment for gamers. Enforcement Action and Regulatory Compliance
Jul 17, 2024 4 min read This daily article series is brought to you by GTO Wizard. The #1 Poker Training App. The 2024 World Series of Poker at the Horseshoe and Paris Las Vegas started 50 days ago, meaning there is only one day left to play. Day 50 of this summer’s series had
Illinois-based Accel Entertainment has entered into an agreement to acquire Fairmount Holdings, owner of FanDuel Sportsbook & Horse Racing in Collinsville, Illinois, for about $35 million. The deal will be paid in 3.45 million shares of Accel Class A-1 common stock, based on a 20-day trailing average. The acquisition, announced on Monday, “extends Accel’s convenience
Missouri’s 13 casinos reported adjusted gross revenue (AGR) of $154.7 million in June, marking a 5.1% decline from May’s $163 million, according to the latest data from the Missouri Gaming Commission. Despite the monthly drop, June’s revenue nearly matched the figures from June 2023, with a slight year-on-year decrease of $300,000 (0.2%). The casinos welcomed
Virginia’s three operating casinos generated a combined $59.5 million in adjusted gross revenue (AGR) in June, according to the Virginia Lottery‘s latest report. The state’s casinos, HR Bristol, Rivers Casino Portsmouth, and Caesars Virginia, contributed $10.7 million in state taxes from that revenue. The revenue from slot machines totaled $44 million, while table games brought in
In an ongoing effort to combat unregulated gambling, Ukraine’s gambling commission has blocked 11 more unlicensed online casino sites. This action coincides with a significant increase in entries to the national self-exclusion register during the first half of 2024. During a meeting held on July 10, the Commission for the Regulation of Gambling and Lotteries
Denmark’s gambling regulatory framework has undergone significant updates to enhance oversight and maintain the integrity of the gambling industry. The Danish Gambling Authority (DGA) has introduced new measures to combat illegal marketing practices, overhauled the certification program for betting and online casinos, and tightened regulations concerning high-risk jurisdictions. These initiatives reflect Denmark’s commitment to promoting
The Philippines gaming industry has reported impressive revenue growth for the first half of 2024, with a 19.2% increase year-on-year, reaching Php194.7 billion (US$3.34 billion). This surge has been largely driven by the rapid expansion of the online gaming sector, which includes E-Games, E-Bingo, and other bingo grantees. According to the Philippine Amusement and Gaming
The Albanese Government has launched a comprehensive review into the regulation of online keno and foreign-matched lotteries as part of its ongoing efforts to minimize the harms associated with online gambling. This review aims to deepen the Government’s understanding of the impacts these types of lotteries have on the community and to evaluate whether regulatory
Jul 16, 2024 7 min read The penultimate day of the 2024 World Series of Poker has come and concluded at the Paris and Horseshoe Las Vegas. While several gold bracelet events took place, most of the attention was on undoubtedly the record-breaking 2024 WSOP Main Event. Out of a field of 10,112 unique entries,
Jul 16, 2024 4 min read The United Kingdom’s Jamie Walden triumphed in Event #95: $1,979 Poker Hall of Fame Bounty No-Limit Hold’em at the 2024 World Series of Poker, held at Horseshoe and Paris Las Vegas. Walden secured his first gold bracelet and a top prize of $313,370 after defeating Naseem Salem in a
Jul 16, 2024 3 min read We’ve already seen a few interesting hands at the 2024 World Series of Poker (WSOP) Main Event final table on Tuesday, and one will certainly be talked about on podcasts and blogs in the coming days. The hand we’re referring to occurred a little over three hours into the
Jul 16, 2024 2 min read While the World Series of Poker (WSOP) Main Event final table is underway, there is another final table steps away inside the Horseshoe Events Center that will be of interest to poker fans. The $25,000 High Roller H.O.R.S.E. event is down to just nine players, two of whom have
Jul 16, 2024 2 min read A brand new reality TV show on USA Network, a cable channel in the US, will feature one of the most polarizing players in poker. Robbi Jade Lew, who was accused of cheating by Garrett Adelstein in an infamous Hustler Casino Live game nearly two years ago, is set
Why are Las Vegas room rates predicted to rise more than average this year? And how can the average traveler save when visiting Sin City? We’ve got the reasons for the predicted price hikes this summer, and some suggestions for how to visit Vegas on a budget! [embedded content] Tropicana Las Vegas officially closed back
Casino operator Rush Street Gaming has announced the appointment of gaming executive Susan Foster as General Manager of Rivers Casino Philadelphia. “Having worked in various gaming jurisdictions in America and several other countries, I’m both an advocate for and an example of the tremendous opportunities casino gaming provides,” said Foster. “I’m very excited to be back