South Korea’s Paradise Group announced the official opening of its newly expanded VIP-exclusive venue at Paradise Casino Walkerhill in Gwangjin-gu, Seoul. Held on September 14th, the opening marks the casino’s first expansion in nine years, increasing its size by 17%. Since its opening in 1968, Paradise Casino Walkerhill has been instrumental in driving VIP sales in
Month: September 2024
Life Outside Poker is a new podcast for PokerNews hosted by Connor Richards that seeks to pull back the curtain on poker players and allow viewers and listeners to get to know them on a personal level. In the 17th episode, Connor speaks with Scottish poker pro and Triple Crown winner Niall Farrell about studying
Michigan’s commercial and tribal operators reported a total of $224.02 million in combined internet gaming (iGaming) and sports betting gross receipts for August, marking a 1.4% increase from the previous month. This figure includes $196.66 million from iGaming and $27.36 million from sports betting. In July, the gross receipts stood at $191.44 million for iGaming
Mobile games developer Playtika has entered into a definitive agreement to acquire SuperPlay, a mobile gaming company based in Tel Aviv, Israel. The purchase price is for $700 million, with additional contingent consideration of up to $1.25 billion, subject to achieving certain financial targets over three years. According to the developer, the transaction is expected
A new study by Frontier Economics has revealed that £4.3 billion ($5.7 billion) is staked annually on black market gambling in the UK, with 1.5 million Brits engaged in the illicit activity. The report, commissioned by the Betting and Gaming Council (BGC), highlights the growing threat posed by unregulated gambling operators, both online and through
Regulatory developments are a major focus in iGaming, with concerns about tighter restrictions driving grey market growth. Online gaming solutions provider SOFTSWISS believes its expertise can support lawmakers in drafting responsible legislation that includes input from player associations, operators, and technology companies to ensure a balanced approach. SOFTSWISS is set to participate in the SBC
EGT Digital is set to participate in the SBC Summit 2024, taking place from September 24 to 26 at Feira Internacional De Lisboa. The company will showcase its latest gaming innovations, including the Burning Hot Instant game and upgrades to its X-Nave platform, which offers enhanced sports betting, CRM, and payment solutions. With the event
Sep 19, 2024 3 min read They say everything is bigger in Texas, and that includes the poker tournament prize pools. Take, for example, the upcoming series at Champions Club in Houston — the Fall Poker Open — which features a $1 million guaranteed Main Event, along with 14 other juicy tournaments. Action begins at
View image in fullscreen Gambling firm appears to trivialise Lebanon pager blasts in social media post London-listed Evoke, which owns William Hill, apologises for post on Israeli Facebook page linking to job ads The gambling company that owns the William Hill, 888 and Mr Green brands has apologised after one of its social media accounts
iGaming solutions provider EGT Digital is set to showcase its advanced gaming solutions at this year’s SBC Summit, scheduled from September 24-26 in Lisbon. The company’s stand, A100, is expected to draw attention from operators, players, and industry experts. Tsvetomira Drumeva, Head of Sales at EGT Digital, said: “Our stand will be one of the
Gaming technology giant Novomatic said it will be bringing “a bold, street-smart approach” to this year’s G2E in Las Vegas, at booth #1259, showcasing its expansion into the VGT market and solidifying its position “as a premier provider of high-performing, highly entertaining casino and VGT products.” Novomatic’s Alexander Merwald emphasized: “As the new CEO of
Sep 19, 2024 3 min read The World Championship of Online Poker (WCOOP) continues all this month on PokerStars, and there’s still time for players to get involved in this prestigious online poker festival. The best way to get involved is through online satellites that are now available in the PokerStars client. Almost two weeks
View image in fullscreen Gambling study says £2.7bn bet annually on hidden-market websites Betting and Gaming Council estimates real figure could be £4.3bn – but enforcement is only ‘part of solution’ Gamblers in Great Britain are betting £2.7bn a year through hidden-market websites, according to a lobby group that claims stricter regulation of the licensed
Crown Resorts is exploring the potential sale of its renowned Capital Golf Club, part of its broader strategy to stabilize finances amid a challenging economic period. The prestigious 18-hole course, located in Heatherton, Melbourne, was designed by famed golfer Peter Thomson and opened in 1997. Originally reserved for Crown’s elite clientele, including celebrities like Tiger Woods and Celine Dion,
Bettors in North Carolina may soon find a wider variety of wagering options, thanks to recent developments in the state’s regulatory landscape. On Wednesday, the North Carolina State Lottery Commission’s sports betting committee unanimously approved a proposal for pari-mutuel rule-making, which includes procedures that will help facilitate the implementation of these new wagering options. Following
Citigroup has adjusted its estimate for Macau’s gross gaming revenue (GGR) for September, reducing its forecast from MOP$18.25 billion to MOP$17.75 billion (US$2.21 billion). This change follows a significant 10% decline in GGR during the week from September 9 to 15. According to Citigroup analysts George Choi and Ryan Cheung, Macau’s GGR for the first 15 days of
SBC has revealed the shortlists for the 2024 edition of the SBC Awards Latinoamérica, which will take place as part of the upcoming SBC Summit Latinoamérica this October. A staple of SBC events, the awards ceremony will spotlight the accomplishments of industry leaders, as well as global and regional operators, affiliates, and suppliers across key industry sectors including
French lottery giant La Française des Jeux (FDJ) announced that it has brought forward the Kindred acquisition’s closing date to October 2nd, after having obtained all necessary regulatory approvals from the French Competition Authority to complete the transaction. Following the €2.45 billion ($2.72 billion) deal’s close, FDJ will become the second-largest European gambling operator by revenue
Gaming & Technology Expo (GAT Events) opens today the show floor for the GAT Showcase trade fair in Santo Domingo, which began yesterday with a comprehensive academic program and a welcome reception at the Renaissance Jaragua Hotel & Casino in the Dominican capital. The event will conclude on Thursday, the 19th. The organizers have emphasized
Alpha Affiliates is set to participate in the SBC Summit Lisbon, slated to take place from September 24th to 26th. “This premier event, renowned for bringing together top professionals and innovators in sports betting and iGaming, provides an ideal platform for Alpha Affiliates to showcase its vision and expertise, setting the pace for industry advancements,”