Control F5, a company that offers a set of solutions for the iGaming market, announced that it is the super sponsor of CGS Recife 2024, an event that will take place on August 29 and 30 in the capital of Pernambuco. The CGS Recife program includes a series of activities, such as specialized training, exclusive
Month: July 2024
A recent study by brokerage CLSA forecasts that a legalized casino market in Thailand could generate annual gross gaming revenues (GGR) of $15.1 billion, positioning it as the third largest globally. This projection is based on Thailand’s anticipated growth in tourism, particularly from China and India, and favorable regulatory conditions. The report, authored by analysts
Keith Becker Jul 29, 2024 4 min read Hi! I’m Keith Becker, PokerNews Ambassador and Pennsylvania native, here with a PA poker update for July 2024. It’s an exciting time in America for the game we all know and love, and I’m excited to be bringing you state highlights every month. What are the big
SBC Summit Latinoamérica 2024’s organizers have confirmed a “Leaders Track” session will be held on October 30, the first day of the event. The session seeks to provide attendees with “insights and strategies” on the online gaming and sports betting industries in the region. The summit, to be held October 29-31 at the Seminole Hard
In his latest analysis, iGaming industry consultant Ron Mendelson, Fast Offshore, explores why Anjouan is emerging as the best option for iGaming operators compared to many other jurisdictions. Securing the right license is crucial for the success of operators and online gambling businesses in the iGaming sector. Among the various jurisdictions offering iGaming licenses, including
Jul 29, 2024 5 min read With the summer poker season wrapped up in Las Vegas, the results are in for the crossbook between Landon Tice and Jeremy Becker. The bet began on May 28 and lasted nearly two months, ending on July 18. As reported by Poker.Org, Becker was the victor by a margin
The Nevada Gaming Control Board (NGCB) has issued a cease-and-desist order to Canadian company Playgon Interactive Inc. and its affiliate Bitrate Productions, citing the production of live gaming content from Clark County without proper licensing. The companies have been producing blackjack, roulette and baccarat games with unlicensed live dealers for online casinos worldwide, Nevada regulators
Nebraska lawmakers have introduced legislation seeking to legalize sports betting in the state. Filed on Thursday, Sen. Eliot Bostar’s Legislative Bill 13 would amend the state constitution to allow racetrack operators to operate an online sports betting platform under the Nebraska Racetrack Gaming Act. Besides legalizing online wagering, the legislation would also repeal an existing
The Muscogee Nation and Muscogee Nation Gaming Enterprises have announced a $100 million capital investment for a new project called the Coweta Casino Hotel. It will be located on 17 acres at the southeast corner of East 131st Street South and State Highway 51 in Coweta, Oklahoma. The project is set to break ground in
The United Arab Emirates has awarded its first lottery license, a move that could pave the way for the eventual legalization of casinos and other forms of gaming in the country. The General Commercial Gaming Regulatory Authority (GCGRA) announced that The Game LLC will operate under the UAE Lottery banner. The Game LLC, a subsidiary of
iGaming and sports betting operator BetMGM, jointly owned by Entain and MGM Resorts International, announced its financial results for the first half of 2024, reporting a net revenue from operations of $1 billion, up 6% year-over-year (YoY). In Q2, the company saw a net revenue growth of 9% YoY, with online sports betting net gaming
BetMGM, a joint venture between MGM Resorts and Entain, has recently announced that its financial losses for the year are expected to surpass earlier projections. This news comes as the company aggressively ramps up its marketing strategies to compete in a fiercely competitive sports betting market. Financial performance and market challenges: In a detailed financial update,
Jul 29, 2024 4 min read The 2024 World Series of Poker (WSOP) International Circuit Tallinn festival concluded over the weekend with the crowning of the €1,500 No-Limit Hold’em Main Event champion. Lithuania’s Aurimas Stanevicius is that champion and the recipient of a coveted gold WSOPC ring and a career-best €167,900 prize. A field of
Gaming content and technology provider Aristocrat Gaming will unveil its new titles at this year’s Australasian Gaming Expo (AGE), set to take place from 13th-15th August in Sydney. The provider will present its products and solutions at Stand 100. Additionally, this will be a debut for Aristocrat Interactive, which will participate in its first Asia Pacific
The Betting and Gaming Council (BGC) has expressed significant concerns about the UK Gambling Commission’s (UKGC) latest Gambling Survey for Great Britain (GSGB). The council argues that the findings may overstate gambling participation and related harms, raising questions about the survey’s reliability. The UKGC released its first annual GSGB report earlier this week, aiming to
The Londoner Macau’s casino will remain closed until at least December due to significant renovations, as revealed during Las Vegas Sands (LVS) recent second-quarter earnings call. The property has been undergoing a $1 billion upgrade since May, with completion targeted for the first half of 2025. The ongoing renovations have already impacted Sands’ financial performance,
Ontario’s iGaming market experienced substantial growth in the first quarter of the 2024-25 fiscal year, with active player accounts doubling and revenues from sports betting and online casino activities increasing by 34.4% year-over-year. The latest report from iGaming Ontario revealed a 31.4% rise in total amounts wagered across all categories, reaching CA$18.4 billion (approximately US$13.3
Zitro has announced the installation of its Fu Frog game in Cantabria with Group Olakoa, “bringing excitement and big wins to gaming halls across the region.” Group Olakoa said in a statement that it is “thrilled” to introduce the new game to its customers. “Players are delighted with Fu Frog, and the response has been
Boyd Gaming Corporation has unveiled an exciting plan to reinvest in Southern Nevada with the construction of a brand-new casino, Cadence Crossing, at the site of their current Jokers Wild location in Henderson. This announcement was made during the company’s quarterly earnings call with investors, highlighting their commitment to expanding their presence in the region. Project
Online sports betting interest in the Olympic Games is expected to hit an all-time high this year, largely driven by the dominance of U.S. basketball and soccer teams. This surge in betting activity comes as more states have legalized sports betting, increasing accessibility for millions of Americans. John Ewing, a spokesperson for BetMGM Sportsbook, anticipates