Macau’s gaming industry has continued its rapid recovery in 2024, with the region’s tax revenue from gaming reaching nearly MOP66.40 billion (US$8.31 billion) within the first nine months of the year, surpassing the total amount collected for the entirety of 2023. This impressive figure marks a 45.1% increase compared to the same period in 2023,
Month: October 2024
In a landmark election, Sam Hou Fai has been elected as Macau’s new Chief Executive, receiving an overwhelming 98.99% of the vote. The 62-year-old, who previously served as Macau’s top judge, secured 394 of the 398 votes from the Election Committee. This historic result marked the highest vote percentage ever recorded for the role. Sam
In what has become a contentious legal drama, the original developer of Resorts World Bimini, RAV Bahamas, has initiated a lawsuit against its partner, the Malaysian conglomerate Genting. The lawsuit, filed in the Southern District of Florida, alleges severe financial mismanagement and seeks damages exceeding $600 million, accusing Genting of devaluing a once-thriving venture into what is described
The UK gambling sector has been thrown into turmoil following reports that Chancellor Rachel Reeves may impose significant tax hikes on the industry. A new levy, expected to raise as much as £3 billion, is under consideration as part of efforts to plug a £22 billion shortfall in the government’s budget. The proposed tax increases, which are said to target
The Arizona Department of Gaming (ADG) recently reported a significant contribution of $43,926,346 from tribal gaming to the Arizona Benefits Fund for the initial quarter of Fiscal Year 2025. This figure marks a 3.6% increase from the previous year’s first quarter, signaling robust growth within the state’s tribal gaming sector. Enhanced support for public services: Jackie Johnson, the Director of ADG,
In a significant regulatory action, the Australian Leisure and Hospitality Group (ALH), the largest operator of pubs across Australia, has been fined $177,500 for permitting underage gambling at several of its establishments. This penalty follows admissions of guilt to 24 charges related to underage gambling violations and supervisory failures over electronic betting terminals. Widespread violations across multiple venues: As
AC Milan has teamed up with TG.Casino, a prominent Telegram-based crypto casino, to introduce a new era of fan engagement through digital innovation. This partnership marks TG.Casino as the Official Regional iGaming Partner in Europe, merging the worlds of football and digital gaming. By incorporating digital currencies into their strategic operations, both entities aim to
Australia’s Greens party has intensified its campaign to end gambling advertising by introducing a bill to the Senate that seeks a complete ban on gambling ads across all forms of media. The Ban Gambling Ads Bill, championed by Greens Senator Sarah Hanson-Young, aims to prohibit gambling promotions on TV, radio, print, and online platforms. This
The Brazilian government has taken decisive action in its efforts to regulate the online betting market by blocking 2,040 illegal betting sites that failed to meet the requirements for licensing. The move, led by Brazil’s Secretariat of Prizes and Bets (SPA), marks a critical step in the preparation for the country’s fully regulated market launch
Gaming Laboratories International (GLI) has certified EveryMatrix’s core platform products with a twin set of gold standards, enabling it to rapidly deliver its technology across further regulated markets. CasinoEngine and GamMatrix, EveryMatrix’s productivity and player account management platforms, are now fully certified to the GLI-19 standard, while its sportsbook platform OddsMatrix is certified to the GLI-33 standard. GLI-19 relates to
Macau’s Legislative Assembly (AL) is poised to vote on a new law aimed at cracking down on illegal gambling activities, following the conclusion of discussions by the AL’s second standing committee. The proposed legislation, which tightens regulations and imposes harsher penalties, will be presented for a final vote later this month. The bill introduces stricter
Former top judge Sam Hou Fai is set to become Macau’s first mainland-born leader after being elected chief executive-designate in an uncontested vote. Sam secured 394 out of 398 votes from an election committee largely comprised of Beijing loyalists. He is expected to assume office in December as Macau marks the 25th anniversary of its
Construction on Norfolk’s long-anticipated waterfront casino can finally move forward after the City Council granted the final development certificate on Tuesday, ending years of delays for the project. The casino, a joint venture between the Pamunkey Indian Tribe and Boyd Gaming, received the last necessary vote to begin construction. “We are excited to receive the
MLB Players, Inc., the commercial arm of the Major League Baseball Players Association (MLBPA), has signed a non-exclusive licensing agreement with Fanatics Sportsbook, making Fanatics the first officially licensed sportsbook of MLB Players, Inc., reports Sports Business Journal. This deal, which grants Fanatics the rights to use MLB players’ likenesses for sports betting products and
A potential increase in gambling taxes in the UK could see online operators facing a substantial rise in levies, with new proposals suggesting remote gaming duties could be doubled to 50%, according to sources close to the Treasury. These measures aim to raise up to £3 billion ($3.9 billion) in additional revenue, with some proposals
As of Friday, Brazil has started blocking over 2,000 gambling websites designated as irregular, as part of a push by the government to regulate the sector. The move comes as concerns grow about addiction, especially among tens of millions of vulnerable people. Authorities have begun enforcing a law signed by President Luiz Inácio Lula da Silva in
As the iGaming industry evolves, so do the demands and expectations of players. With this in mind, Slotegrator has sat down with Ksenia Viatkina, Chief Marketing Officer of Zillion Games, a studio in Slotegrator’s partner network, to get an insider’s view on the studio’s rapid rise to success and how it navigates the ever-changing landscape
The Texas Lottery revealed that it has achieved $8.39 billion in sales for fiscal year (FY) 2024, marking the second-best year in the agency’s history. The strong performance led to the Texas Lottery generating $2.007 billion for the State of Texas to support public education and veterans’ services, the report shows. “This marks the second-consecutive
Gaming technology provider BetConstruct has acquired the Romanian Remote Gambling B2C Licence. This license, granted by ONJN (Romania National Gambling Office), enables BetConstruct to cater to Romanian users within the full scope of regulatory compliance. BetConstruct’s team notes that this achievement marks “the culmination of a rigorous and comprehensive process to meet the stringent regulatory standards”
Clark County commissioners have given preliminary approval for a major Las Vegas airport expansion. Presented by the County Department of Aviation, the plan aims to increase the number of gates, enhance passenger access, and upgrade transportation facilities at Harry Reid International Airport, the seventh-busiest airport in North America. This initiative is designed to alleviate the