Month: August 2024

Sports betting giant DraftKings on Tuesday said it would no longer impose a surcharge on winning bets in high-tax U.S. states, reversing a decision announced just two weeks earlier. The move comes after rival sportsbook FanDuel, owned by Flutter Entertainment, declined to implement a similar charge, leaving DraftKings isolated in its strategy. The Massachusetts-based sports
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Skilrock Technologies announced Wednesday that it has been shortlisted for the title of Software Supplier of the Year at the EGR Italy Awards 2024. “This recognition underscores Skilrock’s dedication to delivering cutting-edge, player-centric solutions that transform the online gaming experience,” the gaming industry technology provider said. Skilrock says that its commitment to innovation has led to
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Bloomberry Resorts Corp reported a decline in its financial performance for the second quarter of 2024, with consolidated gross gaming revenues falling by 4% year-on-year to Php14.5 billion ($255 million). This drop was primarily due to a significant decrease in VIP game volumes at its Entertainment City venue, despite the positive financial contribution from the
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EveryMatrix, a leading iGaming technology supplier, has successfully launched its casino content in Ontario, Canada, with DraftKings, one of North America’s premier operators. This marks another significant step in EveryMatrix’s expansion into key North American markets, following their earlier success in New Jersey. The integration with DraftKings will provide players in Ontario access to a
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Flutter Entertainment has significantly raised its full-year earnings forecast following a surprisingly strong second quarter, choosing not to impose a surcharge on customers in high-tax U.S. states. This strategic decision came just as its competitor, DraftKings, reversed a similar plan. Shares of Flutter, which recently transitioned its primary listing to the U.S., soared 11% in extended trading. The global leader in
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Sportradar has announced a notable increase in its financial performance for the second quarter of 2024. The company experienced a 29% year-over-year growth in revenue, reaching €411.6 million, and a 22% increase in adjusted EBITDA to €106 million. This positive trajectory has prompted Sportradar to raise its financial outlook for the full year. Investment and expansion drive success: The
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On Friday, August 9, Coweta’s top city official expressed support for a new $100 million hotel and casino development positioned just beyond the city limits, despite substantial opposition from local residents. Julie Casteen, the City Manager, noted that the planned site for the Coweta Casino Hotel at the southeast corner of State Highway 51 and 131st Street in Oklahoma is
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iGaming content supplier Pragmatic Play has expanded its presence in Latin America through a new partnership with Mexican online casino operator Betxico. Under the agreement, Pragmatic Play will integrate its portfolio of slots, live casino, and virtual sports content onto Betxico’s platform, broadening its reach in the region. Betxico’s customers will gain full access to Pragmatic Play’s
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Live casino games provider Imagine Live has entered the Georgian market through a strategic partnership with operator Betlive. The partnership will feature a dedicated studio designed to provide Betlive’s players with “a premium gaming experience,” the company said in a statement. Two Blackjack and one Roulette table will be equipped with the latest technology, allowing for
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