Month: August 2024

PENN Entertainment is making significant strides in expanding its sports betting offerings by seamlessly integrating ESPN Bet into popular media apps like ESPN and theScore, as well as rebranding several of its retail sportsbooks. During a recent Q2 earnings call, PENN Entertainment’s CEO, Jay Snowden, announced plans to incorporate ESPN Bet wagering functionality into the
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Mohegan’s newly inaugurated South Korean venue, Mohegan Inspire, located in Incheon, has been a significant catalyst in achieving record-breaking revenues for the casino operator. Since its opening in late 2023, Inspire has amassed net revenues amounting to US$101.1 million, demonstrating robust month-on-month growth in both visitation and volume. Record-breaking performance: For the fiscal quarter ending June
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Entain plc, a global leader in sports betting and gaming, has released its interim results for the first half of 2024, ending on 30 June. The report showcases a robust performance with Total Group Net Gaming Revenue (NGR) increasing by 6%, and an 8% rise on a constant currency basis, inclusive of a 50% share from BetMGM. Notably,
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Denmark’s gambling market experienced a significant boost in June 2024, with total revenue increasing by 37.0% year-on-year to DKK703m (£81.1m/€94.2m/$103.0m), according to the latest figures from the Danish Gambling Authority, Spillemyndigheden. This growth was largely driven by a substantial rise in sports betting, which saw a notable increase during the Euro 2024 football tournament. Sports
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In a recent ruling, Austria’s Supreme Court partially sided with an unlicensed online gambling operator seeking to reclaim winnings from a player. The case involved an unnamed Malta-based gambling operator and an Austrian gambler. The case arose when the gambler, who had used the services of the Malta-based operator, deposited nearly €22,000 ($24,000) and won a
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California Gov. Gavin Newsom has signed new tribal-state gaming compacts with the Timbisha Shoshone Tribe and the Elem Indian Colony of Pomo Indians of the Sulphur Bank Rancheria. Additionally, the Governor signed an extension to the gaming compact with the Augustine Band of Cahuilla Indians. The Timbisha Shoshone Tribe’s compact permits the tribe to conduct
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In a significant move to combat gambling crimes, the Macau government is set to criminalize unlicensed money exchange activities within casino premises, escalating the crackdown on informal financial practices that have long been a gray area in the region’s bustling casino industry. As announced by veteran legislator Chan Chak Mo, who heads the committee scrutinizing
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Betsson, Galera.bet, and F12.bet have joined the growing number of betting applicants in Brazil following the publication of the country’s final regulations. With less than two weeks until the government’s initial submission deadline of August 20, approved early applicants are guaranteed a license by the market launch date. The three operators join a growing list
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PENN Entertainment announced Thursday that it plans to rebrand eight of its retail sportsbooks to ESPN BET. The upcoming brand conversions, to take place “in sports-centric markets,” are expected to further brand connectivity and create cross-sell opportunities between casinos and ESPN BET.    Each sportsbook features “a premium viewing area and dining options, providing a
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The operator of Rio Las Vegas has confirmed that the property has laid off some employees. A company representative indicated Thursday that the layoffs were the result of a personnel adjustment that occurred after New York-based Dreamscape took over operations from former owner and manager Caesars Entertainment. An email statement from the company obtained by The Las Vegas
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The demolition of Las Vegas’ Tropicana Resort is progressing as planned, according to Bally’s Corp. executive Arik Knowles. During a Wednesday meeting with the Nevada Gaming Control Board, Knowles, who will oversee the October demolition and the subsequent development of a $1.5 billion resort and baseball stadium, provided an update on the project’s status. Knowles, a
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iGaming content supplier Pragmatic Play has announced the launch of its latest slot, Running Sushi. “In this 5×4 trip to a sushi bar, delicacies such as chili miso, soy sauce, and shrimp can form winning combinations when 3-5 instances of the same symbol land on the reels,” the company said of the game’s theme. Beneath the
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