Month: December 2024

As sports betting continues to gain momentum across the United States, new studies reveal troubling links between the expanding industry and financial difficulties for consumers. While states like New Hampshire celebrate the revenue generated by legalized sports gambling, researchers warn of potential consequences, including rising credit card debt, declining savings, and falling consumer credit scores.
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Pennsylvania has outpaced all other states in collecting casino tax revenue, cementing its place as a leader in the U.S. gambling landscape. In 2023, the state’s tax revenue from casinos reached a record $2.3 billion, surpassing New York at $2 billion and far exceeding Nevada’s $1.2 billion. The state owes much of this success to
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Latin America’s online gambling industry is set to experience unprecedented growth, with gross revenue expected to exceed $7.86 billion by 2027. According to a recently published report by regulatory intelligence technology platform, Vixio, this represents a dramatic increase from the estimated $1.56 billion recorded in 2023. Brazil, Peru, and several other nations in the region are
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Michigan lawmakers have introduced two new bills aimed at increasing taxes on online sports betting and casino operators. The proposals, Senate Bills 1193 and 1194, were brought forward on December 5 by Senators Sam Singh and Jeremy Mossand and have since been referred to the Senate Government Operations Committee. These measures would amend the 2019 Lawful Sports Betting Act and
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Red Rake Gaming has introduced Million Christmas 2, a festive-themed online slot game designed to bring holiday cheer and exciting gameplay to players worldwide. This much-anticipated sequel boasts innovative features and enhanced mechanics, making it a standout choice for online casino enthusiasts during the holiday season. The game’s centerpiece is its Santa’s Gifts & Wins
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French casino operator Groupe Partouche has marked a significant milestone with the reopening of the Royal Palm Casino in Cannes. The revamped venue, located at the iconic Palm Beach site, has undergone an extensive renovation, reflecting the operator’s vision of creating one of Europe’s premier gaming destinations. Royal Palm Casino reopens in Cannes: The restoration project, carried out by
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The Grand Island Casino Resort is gearing up for a major debut in the first quarter of 2025, bringing state-of-the-art gaming and luxury amenities to central Nebraska. As construction progresses steadily, the development promises to be a landmark addition to the region, offering new entertainment options, hospitality services, and significant employment opportunities. General Manager Vince Fiala conveyed his excitement
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Scientific Games has taken another leap in expanding its portfolio of licensed properties by introducing NBA-themed instant scratch games to U.S. lotteries. This exciting development stems from a multi-year partnership with the National Basketball Association (NBA), offering fans and lottery players a chance to engage with their favorite sport through customized gaming experiences. First launch: Boston Celtics scratch game: The
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In 2023, Pennsylvania cemented its position as the leading state in casino tax revenue, generating an impressive $2.3 billion. This figure, revealed in a study by Doc’s Sports, puts Pennsylvania ahead of New York, which collected just over $2 billion, and Nevada, which lagged at $1.2 billion. Higher tax rates fuel Pennsylvania’s success: One major factor contributing to
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The Philippines is on track to eliminate Philippine Offshore Gaming Operations (POGOs) by 2025, following President Ferdinand R. Marcos Jr.’s directive for a total ban. As the December 31 deadline for licensed POGOs to cease operations approaches, authorities are bracing for the emergence of underground or “guerrilla” gaming activities. Dismantling the POGO industry: Interior Secretary Jonvic Remulla confirmed during a recent press
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Capecod, a prominent provider and aggregator within the Greentube Group and part of the NOVOMATIC Digital Gaming and Entertainment division, has announced a strategic partnership with Ainsworth Game Technology. This collaboration brings the renowned gaming provider’s content to the Italian market, further enhancing Capecod’s position as a leader in localized gaming solutions. The partnership increases
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Florida’s Gaming Control Commission (FGCC), in collaboration with law enforcement agencies in Brevard and Volusia counties, has taken decisive action against illegal gambling operations. This crackdown led to the closure of five unauthorized casinos and the seizure of over 500 illegal gambling machines, associated equipment, and more than $845,000 in cash. The seized assets also
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