Thailand is positioned to become a key player in the global gaming and tourism sector, with potential revenues from integrated resorts (IRs) forecasted to significantly impact its economy. According to a recent analysis by JP Morgan, these resorts could generate between US$1.5 billion and US$5 billion annually, potentially adding up to 1% to the nation’s gross domestic product (GDP). Strategic development of
Month: October 2024
In a significant development, the Native Village of Eklutna is preparing the groundwork for a groundbreaking gaming facility, marking a historic first outside of Southeast Alaska. This prospective 50,000-square-foot gaming hall is poised to reshape local entertainment and economic landscapes, contingent upon securing the necessary federal green light. Project genesis and approvals: The initiative, spearheaded by the
The National Association of Games and Lotteries (ANJL) and the Brazilian Institute of Responsible Gaming (IBJR) have urged their members to voluntarily implement a ban on the use of credit cards for betting transactions before the official regulatory deadline. This decision anticipates a regulation set to come into effect on January 1, 2025, which prohibits
In August, both Nevada and Mississippi released their monthly gambling revenue reports, showing varying trends in their respective markets. While Nevada experienced a dip in overall gambling revenue due to a decline in slot machine activity, Mississippi saw growth in its retail sports betting market. These results offer insight into the shifting dynamics of gambling
Playtech, the leading provider of technology and content for the online gambling industry, has reported robust results for the first half of 2024, highlighting its successful expansion across key markets, especially in the U.S. and Canada. Total revenue for the six-month period ending June 30, 2024, increased by 5% to €906.8 million, with adjusted EBITDA
As of October 1, 2024, Dutch online gamblers are subject to a new set of stringent deposit rules to promote responsible gambling. The measures are part of the Netherlands’ ongoing efforts to ensure player protection, particularly focusing on deposit limits and encouraging self-awareness among players about their gambling behavior. The newly introduced rules include strict
In response to new federal betting regulations, the Brazilian government implemented significant changes in September with the introduction of Normative Ordinance No 1,475. This ordinance allowed only operators who had already applied for a federal betting license and were actively operating to continue doing so until the official launch of the regulated market on January
Thailand is moving closer to legalizing casino resorts, as Deputy Finance Minister Julapun Amornvivat pushes for a comprehensive plan to establish entertainment complexes in the country. The finance minister has called on the customs, revenues, and excise departments to devise a tax-collection system for the proposed industry, with a plan expected to be ready by
The Swedish gambling regulator Spelinspektionen has announced that the country’s channelization rate for the online gambling market has reached 86% for 2023, reflecting an improvement over the 77% recorded the previous year. This figure exceeds the forecasts made by several operators, including Aktiebolaget Trav och Galopp (ATG), which had predicted the rate would fall between
iGB Affiliate has unveiled ‘Nuevos Horizontes’ (New Horizons) as the creative theme for its January 20 – 23 event, set to take place in Barcelona. The theme, unveiled as registration opens for iGB Affiliate, will drive the international marketing campaign in support of the 2025 edition, which will be the first at Fira Gran Via,
The SBC Summit 2024, held last week in Lisbon, saw significant participation from the gaming and betting industry, attracting nearly 25,000 attendees. This figure represents a 70% increase compared to last year’s event in Barcelona. The summit welcomed participants from 134 countries. Lisbon officials, including Mayor Carlos Moedas and Minister of Economy Pedro Reis, acknowledged the
The Jamaican Ministry of Finance and Public Service has expressed its intention to issue another public request for applications for an Approved Integrated Resort Development (AIRD) order for the St James zone. The development follows the Ministry’s decision not to issue an AIRD order to an applicant who was interested in building an integrated resort
Aviator LLC has filed an invalidation action against Spribe OU before the European Union Intellectual Property Office (EUIPO), following a legal victory in Georgia over the popular casino crash game Aviator. This latest filing seeks to challenge Spribe OU’s trademarks in the European Union, alleging bad faith registration and violation of Aviator LLC’s copyright. This
The UK Gambling Commission has appointed two new members to the Advisory Board for Safer Gambling (ABSG), Dr Virve Marionneau and Dr Spencer Murch. Members of ABSG are appointed by the Gambling Commission. Dr Marionneau is a sociologist and the director of the Centre for Research on Addiction, Control, and Governance at the University of
The Ute Mountain Ute Tribe has joined a lawsuit against the state of Colorado, challenging restrictions that have prevented them from engaging in online sports betting. The tribe was added to an amended complaint filed with the U.S. District Court for the District of Colorado on Thursday. The lawsuit was originally filed in July by
On Saturday, October 5, Yogonet Brazil will celebrate its first anniversary. Twelve months ago, a new team of journalists joined the editorial board of Yogonet Latinoamérica and Yogonet International with the mission of producing content in Portuguese for executives, businesspeople, regulators, and other stakeholders interested in the gaming and betting sector. During this period, a
Hard Rock Bet has introduced its inaugural slots championship, which is currently underway, giving players the opportunity to earn their share of $1.5 million in total prizes while playing online casino games. Running from October 1st through November 10th, the Slots Championship is made up of 18 individual leaderboard competitions – each with its own
Gaming technology provider Win Systems organized a successful event in San Juan, Puerto Rico, in collaboration with Royal Gaming, where it presented its solutions specifically designed for the local market. According to the company, the event attracted many operators interested in learning first-hand about its latest innovations. Among the most notable products showcased were the
B2B gaming content and technology provider Inspired Entertainment has signed a licensing agreement with the National Hockey League (NHL), granting the company rights to develop interactive, fixed-odds Virtual Sports games featuring the NHL logo and NHL Club jerseys and names. The deal expands Inspired’s growing portfolio of relationships with major professional sports leagues, providing the
Legendary rockers Styx have schedules a five-night engagement at The Venetian Las Vegas as part of their their 2025 tour. For the first time in their 50 year career, Styx will be performing 1977’s “The Grand Illusion” in its entirety, along with the band’s classic hits. The shows will be held on January 24th, 25th,