Month: October 2024

Brazil’s Ministry of Finance released an updated list of betting operators allowed to operate in Brazil through the end of 2024, adding Esportes Gaming, the owner of Esportes da Sorte and OnaBet brands, as well as Reals Brasil. With this latest update, a total of 98 companies, covering 217 domains, are now authorized to continue operations
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In September 2024, Massachusetts experienced an unprecedented surge in gaming and sports betting revenue, setting new records for both sectors. According to the Massachusetts Gaming Commission (MGC) September 2024 Revenue Report [pdf], the state’s three licensed casinos—Plainridge Park Casino (PPC), MGM Springfield, and Encore Boston Harbor (EBH)—generated approximately $92.06 million in gross gaming revenue (GGR).
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In a significant legislative milestone, Ireland has successfully passed the Gambling Regulation Bill 2022, which has now moved through both Houses of the Oireachtas. This critical legislation heralds the creation of the Gambling Regulatory Authority of Ireland (GRAI) and sets a modern and comprehensive licensing and regulatory framework for both in-person and online gambling environments. Establishment of a new regulatory
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In an unprecedented surge, New Jersey’s internet gambling market reached a new zenith in September 2024, with Atlantic City’s casinos and their partners garnering over $208 million in earnings. This achievement marks the first instance where monthly internet gambling revenues have crossed the $200 million threshold, highlighting the increasingly crucial role that online gambling plays in the state’s gaming industry,
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In a recent legal confrontation, Genting Malaysia has publicly denounced claims made against its subsidiary, Genting Americas Inc (GAI), by RAV Bahamas Ltd, describing them as “malicious and baseless.” The dispute stems from allegations related to financial mismanagement at the Resorts World Bimini in the Bahamas, where RAV Bahamas, holding a 22% stake, has accused Genting, which owns the remaining 78%, of financial negligence.
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The Ukrainian Gambling Council (UGC) has called on Google to change its current advertising policy, which blocks licensed gambling operators in Ukraine from promoting their services. The council argues that the blanket ban disproportionately affects legal businesses while allowing illegal operators to thrive, ultimately harming both the industry and the state. The UGC’s request comes
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The National Revenue Agency (NRA) took decisive action against illegal online gambling in 2024, shutting down more than 2,500 websites operating without valid licenses. In a press release on Wednesday, the agency reported a significant increase in its enforcement efforts, aiming to curb unlicensed gambling activities across the country. NRA Executive Director Rumen Spetsov issued
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Codere SA has finalized its Global Recapitalization Program, significantly reducing its corporate debt to approximately €65 million ($70.3 million). This is a turning point for the Spanish gambling operator, which had been burdened by around €1.4 billion ($1.5 billion) in debt prior to the restructuring effort. The recapitalization was approved in June 2024 by 90% of
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Bally’s Interactive, the digital and sports betting division of Bally’s Corporation, announced the official launch of the Bally Bet Sportsbook app in Tennessee, marking its expansion into a tenth state. This milestone comes on the heels of recent launches in Massachusetts and Maryland. Sports bettors across the Volunteer State can now access the offerings of the
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EGT Digital has announced a significant collaboration with Casino Sanremo, marking another milestone in the Bulgarian company’s expansion across the Italian gaming market. As part of this partnership, EGT Digital now provides a diverse selection of slot games and jackpots for Casino Sanremo’s online betting platform. This collaboration is expected to enhance the casino’s digital
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Gaming technology provider BetConstruct has announced the acquisition of the Romanian Remote Gambling B2C License for casino and fixed-odds betting activities. The license, granted by ONJN (Romania National Gambling Office), enables BetConstruct to cater to Romanian users within the full scope of regulatory compliance, “ensuring safe and secure gaming experiences.” The license “underscores the company’s
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Esports betting solutions provider DATA.BET was recognized at the European iGaming Excellence Awards, which took place on October 15 in Warsaw, Poland. The company was honored as the Best eSports Betting Provider at the event, which was organized by the Hipther agency as part of the European Gaming Congress. “This award highlights DATA.BET’s significant impact on
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