After the Spanish court approved the debt restructuring of Codere Group, several bondholders have capitalized their debt in shares of the company, among them, The Soros Fund, the family office of U.S. businessman George Soros and his family According to the Spanish newspaper El Confidencial, within the framework of Codere’s debt restructuring, “The Soros Fund
Month: August 2024
Aug 21, 2024 3 min read Episode 4 of 888poker’s exciting docuseries sees the Team 888poker members return to the Horseshoe and Pris Las Vegas for Day 2 of the $10,000 World Series of Poker (WSOP) Main Event. Five team members sat down at their respective tables, but only three of them progressed to Day
Virtual reality (VR) has been touted as the next big thing in many industries, from gaming to education to real estate. But one area where VR’s potential seems particularly promising is in online casinos. Imagine being able to walk through the opulent halls of a Las Vegas casino from the comfort of your living room,
Aug 21, 2024 4 min read The World Poker Tour continued to live up to its global moniker, with another Prime Championship in the books after a two-week visit to Taipei City in Taiwan. The headline event of the series, the WPT Prime Taiwan Championship, was a massive success. It became the largest field size
Aug 20, 2024 3 min read A former waitress at an illegal underground poker club in Connecticut told the U.S. Sun she had no involvement in a botched armed robbery attempt that ended with both robbers being shot to death. Bridgeport police, however, tell a different story, claiming that Shanica Merced assisted in plotting to
Aug 20, 2024 4 min read The fourth season of the North American Poker Tour (NAPT) run by Pokerstars is well underway and the action only continues to heat up with the recent schedule release for its marquee stop in Las Vegas. Running from Friday November 1st through Sunday November 10th at Resorts World Las
FansUnite Entertainment has completed the sale of its Betting Hero business to Hero Group for an aggregate purchase price of $37.5 million, adjusted on a cash-free, debt-free basis, following an initial agreement in June. FansUnite noted that the purchaser is controlled 60% indirectly by Betting Hero’s co-founders Jai Maw and Jeremy Jakary, and 40% by
iGaming software solutions provider SOFTSWISS, along with Turfsport, a South African software provider that the company recently acquired, has announced the launch of its new Lotto Software. The new solution empowers operators to offer players a wide range of lottery number betting options independent of traditional lottery organizers, according to a press release. The launch comes the
Planning to spend Labor Day in Las Vegas? We have found some of the most popular, fun, and interesting things to do in Sin City this year! You can spend the big three-day weekend attending concerts, hitting pool parties, taking in a comedy show, and then dancing and drinking in the top rated night clubs!
Aug 20, 2024 2 min read At PokerNews, we’re committed to promoting responsible gaming. We encourage all our readers to gamble responsibly and within their means. Gambling should always be a fun and enjoyable activity. It’s important to set limits on time and money spent gambling.Visit our dedicated safer gaming hub for more information about
Brazil’s Constitution and Justice Committee (CCJ) of the Chamber of Deputies has approved a bill to increase penalties for match-fixing under the country’s General Sports Law, reflecting growing concerns over the integrity of sports in the country, particularly football. Currently, those found guilty of match-fixing face prison terms of two to six years and fines.
Swedish gambling regulator Spelinspektionen has raised concerns that the proposed closure of Svenska Spel’s Casino Cosmopol business could lead to a rise in illegal gambling within the country’s land-based market. The warning follows a government proposal to discontinue the state-owned casino operation, citing its failure to meet its purpose and persistent profitability challenges. Currently, only
Bet365, Aposta Ganha, Brazino777, SeguroBet, Gamewiz Brasil, Betway, Lucky Gaming, Estadium.bet, and H2Bet have applied for a federal license to operate online gaming and betting in the Betting Management System (SIGAP) of the Brazilian Ministry of Finance. In the case of Gamewiz Brasil, two applications were made to operate six brands. With these nine companies
Thailand’s newly appointed Prime Minister, Paetongtarn Shinawatra, is expected to continue her predecessor’s efforts to legalize casino gaming, industry and political experts have told Inside Gaming. However, concerns are mounting over potential resistance within the coalition government, which could hinder the progress of these plans. Paetongtarn, the 37-year-old daughter of former Prime Minister Thaksin Shinawatra,
Hard Rock Digital launched Monday its fall campaign, Roll With Us, for its Hard Rock Bet sportsbook and iGaming platform. The campaign stars GRAMMY Award-nominated superstar Post Malone. The campaign was produced by creative agency 72andSunny New York, with support from Redline Media Group and Hard Rock Digital’s internal creative team, and is set to
Ron Mendelson is the Director of Costa-Rica based International Business & Corporate Services consultancy firm, Fast Offshore. With over 24 years of real-world experience in iGaming Licensing and Payments, Regulatory Compliance, Tax-Efficient Corporate Structuring, Incubator and other Hedge Fund Licenses, Blockchain and Cryptocurrency related services, he advises a number of international clients on their business
As the 2024 NFL season approaches, bettors are gearing up for more frequent and engaged betting, according to the upcoming “Insights 2024-25 Consumer Reports on NFL Wagering Intentions” by Optimove, cited by CDC Gaming Reports. This report, which is set to be released on August 22, delves into the betting behaviors and trends as the
Aug 20, 2024 2 min read The Super High Roller Series is in full swing at Merit Royal Diamond Hotel and Spa and two winners have already been crowned on the sunny shores of North Cyprus. The renowned series, a collaboration between PokerGO and the Onyx Club at Merit Royal Cyprus, runs Aug. 17-25 and
Sportsbook and iGaming operator Rivalry announced that Demi Abidogun-Benson has been appointed as Interim Chief Financial Officer, replacing Kejda Qorri in the role. The company described Abidogun-Benson as a financial leader with over a decade of experience in corporate reporting, auditing, and strategic planning. Prior to joining Rivalry in February 2022, Abidogun-Benson was the Director
In an attempt to sway Missouri voters in favor of legalizing sports betting, DK Crown Holdings, the parent company of Boston-based DraftKings, has contributed $3.5 million to support the ballot initiative for regulated wagering. The financial boost was disclosed in a recent filing with the Missouri Ethics Commission and is part of an ongoing campaign