Paraguay’s President Santiago Peña has approved a sweeping reform of the country’s gambling laws, aiming to de-monopolize the sector and increase competition. The bill, endorsed by the Ministry of Finance and passed by Paraguay’s National Congress in December 2024, establishes a new legal framework for games of chance. The legislation opens the market to new
Month: January 2025
November 2024 brought mixed outcomes for Las Vegas’ tourism sector, as visitor numbers rose slightly but declines were recorded in hotel performance, airport traffic, and convention attendance. According to the Las Vegas Convention and Visitors Authority (LVCVA), the city welcomed 3.3 million visitors, a 0.6% increase compared to November 2023, driven by high-profile events like the
Marc Holliday, CEO of SL Green Realty Corp., could pocket a $10 million bonus if a coalition led by Caesars Entertainment wins its bid to develop a casino in Times Square. The lucrative incentive, disclosed in a recent SEC filing, underscores the high stakes in the competition for one of three downstate New York casino licenses.
Starting January 7, 2025, Switzerland and Liechtenstein have enforced an agreement aimed at bolstering protections against gambling addiction. Under the agreement, individuals banned from terrestrial or online casinos in one country will also be barred from gambling in the other. This measure will extend Switzerland’s approximately 100,000 existing gambling bans to include Liechtenstein’s casinos, while
Flutter Entertainment, a global leader in sports betting and iGaming, has revised its US earnings expectations for 2024. The company attributes this adjustment to unprecedented outcomes in the NFL season, where favorite teams consistently triumphed, benefiting bettors but adversely impacting Flutter’s revenue. The ongoing 2024/2025 NFL season has been marked by the highest success rate
Jan 08, 2025 4 min read As the calendar flips to 2025, Brazil’s rapidly growing betting industry is off to a strong start. The Ministry of Finance has announced that 68 businesses have officially secured full licenses to operate in the market, signaling the start of a landmark period for the industry. The government’s implementation
Jan 08, 2025 5 min read Table Of Contents After over a dozen years as one of the most recognizable faces of Team Winamax has announced her departure. Gaëlle Baumann joined the roster five months before the 2012 WSOP, famous for her narrowly missing out on the November Nine, and departs almost 13 years later
The Ho-Chunk Nation has completed the last regulatory hurdle on its path to building a new casino in Beloit. The nation has signed a compact amendment with the State of Wisconsin, announced Ryan Greendeer, executive government relations officer for the Ho-Chunk Nation. While the last hurdle was only cleared now, the $500 million casino kicked off
Lio Chi Chong, deputy director of Macau’s Gaming Inspection and Coordination Bureau (DICJ), has been named acting head of the city’s casino regulator, according to an official dispatch published on Wednesday. Lio steps into the interim role following the departure of former director Adriano Ho in December. The appointment was authorized by Macau’s newly
The U.S. Thoroughbred racing industry closed 2024 with its lowest wagering totals since the pandemic-stricken year of 2020, according to Equibase LLC, the industry’s official database. December capped the year with a 14.44% decline in handle compared to the same month in 2023, marking the sharpest monthly drop of 2024. This follows earlier double-digit percentage
The Clark Development Corporation (CDC) has issued a cease-and-desist order against Fontana Development Corporation (FDC) and Fontana Resort and Country Club Inc. (FRCCI), halting all operations of the Fontana Leisure Parks and Casino in the Clark Freeport Zone, Philippines. The order, effective immediately, stems from the companies’ failure to meet financial and contractual obligations, along with violations of the Fire Code and National Building
B2B gaming content and solutions provider Inspired Entertainment has announced the launch of Caesars Big Money, an exclusive slot game developed for Caesars Entertainment’s Caesars Palace Online Casino. As per the provider, Caesars Big Money offers players an “action-packed” iGaming experience with a 5×3 reel configuration and 10 win lines. The slot combines “cutting-edge” design
Global gaming brand FBM will debut its new slot, Croc’s Lock, at the upcoming ICE Barcelona show. The company will also bring the Xing Fú Fortune Money Trees and the Flash Link bingo series to European soil for the first time in the first major tradeshow of 2025. These highlights lead the company’s extensive lineup
Flutter Entertainment has warned of a revenue shortfall for its US operations, citing unfavorable NFL betting results during November and December. The sports outcomes, described as the most customer-friendly in nearly two decades, have caused a substantial hit to its FanDuel segment, forcing the company to revise its financial forecasts for 2024. In a
Rivers Casino Philadelphia has started notifying customers of a recent data breach. Casino spokesperson Jack Horner confirmed that “an unauthorized actor accessed and/or took certain files stored on our computer servers.” The casino, located on North Delaware Avenue, is mailing letters to people whose information may have been compromised. It remains unclear how many people
The STRAT Las Vegas will host a Lunar New Year celebration honoring the “Year of the Snake,” beginning Wednesday, January 29th 2025. Guests who would like to attend will savor specialty items at CHI Asian Kitchen, be captivated by a traditional lion dance and find luck during an exciting slot tournament to celebrate the occasion.
In a unanimous vote, Manhattan Community Board 4 (MCB4) rejected the zoning changes required for Related Companies and Wynn Resorts to move forward with their $12 billion Hudson Yards casino proposal. The decision underscores mounting local opposition to the controversial plan, which includes a massive casino, office space, residential housing, and a public park. Community board opposes Hudson Yards casino plan: Though
France’s L’Autorité Nationale des Jeux (ANJ) has approved promotional strategies for 2025 from the nation’s 16 licensed online operators and two exclusive rights holders, FDJ and PMU, with conditions. After analyzing the proposed strategies, the regulator called for reductions in promotional budgets, particularly for the four largest operators, whose spend accounts for 85% of the
Jan 08, 2025 3 min read Table Of Contents The RunGood Poker Series (RGPS) is returning to Oklahoma’s Hard Rock Casino Tulsa this month for Mission RunGood: Tulsa, a stop that will feature 11 ring events over six days of tournament poker action. The RGPS Tulsa stop, running Jan. 21-26, will culminate with an $800
B2B software supplier and aggregator Slotegrator has partnered with RGS provider Octopus Global. Slotegrator described the collaboration as part of its commitment to expanding its partner network and offering operators access to the “most advanced technologies and diverse game content available” in the iGaming industry. Founded in 2022, UK-based Octopus Global is an iGaming provider