Jeju Dream Tower, Lotte Tour’s flagship integrated resort in South Korea, achieved a 93.3% year-on-year increase in casino revenue in 2024. The resort’s casino operations generated KRW276.5 billion ($188 million), highlighting a strong post-pandemic recovery. However, hotel revenue declined by 7.8% to KRW84.5 billion ($57.4 million). The final month of 2024 saw casino revenue climb
Month: January 2025
Live casino solutions provider Imagine Live has announced the appointment of Martin Martirosyan as its new Group CEO. Martirosyan first joined the leadership team of the Digitain Group, founded by Vardges Vardanyan, as Deputy CEO in 2023, a role he will retain. With a PhD in Economics and a proven track record in business leadership, the company
Platform provider BETBY has become one of the first sportsbook suppliers to go live in the newly regulated Brazilian market after successfully achieving certification from Gaming Laboratories International (GLI). Having secured the necessary certification for the Brazilian market, BETBY notes that it is authorized to deliver its sportsbook solutions in what has become “one of
Bazk, the technology and payments company, launched a new episode of its Bazk On Air webinar series. Entitled ‘Navigating regulatory changes: Opportunities and challenges in the business landscape’, the episode was led by Flávia Pires, Director of Marketing and Sales, and featured Francis Richter, CEO of the company. In the podcast, Francis shared valuable insights
Jan 06, 2025 4 min read What better way to welcome in 2025 than by heading to warmer climes and playing poker for big money? The Merit Poker Western Series gives you the opportunity to do both because the festival, held in Northern Cyprus, boasts over $4.5 million in combined guaranteed prize pools, including a
Jan 06, 2025 4 min read Table Of Contents The New Year Series is nearing its conclusion, and Blaz “Scarmak3r” Zerjav seems determined to finish strongly. Zerjav was one of 539 entrants in the $530 No-Limit Hold’em Progressive Knockout Sunday Warm-Up and was the last man standing after 12 hours of play. Dozens of household
Jan 05, 2025 3 min read Popular vlogger Mariano Grandoli disclosed some stunning 2024 poker results in his latest YouTube video. The poker player had a “down” year compared to 2023, however, but there’s a reason for that — he played far less poker. Still, the vlogger won about 10 times as much as the
Las Vegas tourism in November 2024 reflected mixed outcomes, with overall visitation slightly increasing but many other key metrics declining. According to the Las Vegas Convention and Visitors Authority (LVCVA), visitor volume grew by 0.6% year-over-year to 3.3 million, thanks in part to the Formula One Las Vegas Grand Prix and the Specialty Equipment Market Association trade show. November tourism overview:
Codere Online Luxembourg, S.A. is grappling with a securities fraud investigation and the potential delisting of its shares from Nasdaq. The developments follow the resignation of its auditor, Marcum LLP, and growing investor concerns regarding the company’s internal controls and financial transparency. On December 27, 2024, Codere disclosed to the U.S. Securities and Exchange Commission
Sweden’s gambling authority, Spelinspektionen, has taken decisive action against Versus Odds B.V., the operator of Fortunepanda.com, for violating Swedish gambling regulations. This immediate ban, announced (pdf) on January 2, 2025, underscores the regulator’s commitment to protecting Swedish consumers and maintaining gaming safety. The investigation into Versus Odds B.V. was triggered by suspicions of unlicensed gambling
US sports betting is once again facing a challenge from the federal government, as US Senator Richard Blumenthal underscored the public health impacts of the widespread legalization of sports gambling in a hearing titled, “America’s High-Stakes Bet on Legalized Sports Gambling.” As mobile sports bets surge, Blumenthal called for minimum federal standards like those in
Jan 03, 2025 3 min read Table Of Contents Just weeks after winning his sixth World Series of Poker (WSOP) bracelet, Nick Schulman continued his winter hot streak by taking down a $10,100 High Roller tournament at PokerGO Studio in Las Vegas for $283,050. Fittingly enough, it brings Schulman his sixth PokerGO Tour (PGT) title.
Jan 03, 2025 3 min read Table Of Contents Liv Boeree is donating more than a half a million of her historic score at World Series of Poker (WSOP) Paradise to fight factory farming, the science communicator and former poker pro revealed today. Boeree, who in December finished fourth in the first-ever $25,000 buy-in Super
Jan 03, 2025 4 min read Table Of Contents Happy New Year, everyone. I’m Kyle Anderson, PokerNews ambassador and Ontario resident. Here is an update on everything that’s both happened and is coming up in the Ontario poker world. Remember, ON players can legally play real money poker in Ontario, so PokerNews has come up
On Thursday, a coalition of California Native American tribes sued dozens of California cardrooms to stop them from offering Las Vegas-style card games like blackjack, just hours after Senate Bill 549 went into effect. The law, called the “Tribal Nations Access to Justice Act,” allows tribes to dispute the legality of certain games. The challenge
Fast Offshore is a trusted partner that proactively manages compliance to ensure clients can focus on what they do best—running and growing businesses. In this article, iGaming industry consultant Ron Mendelson explores how Fast Offshore takes the burden of compliance off its clients’ shoulders, enabling them to operate smoothly and confidently. In the highly regulated
The Netherlands Gambling Authority (Kansspelautoriteit, KSA) enforced a new “General Policy of Fines” starting January 1, 2025, aiming to strengthen compliance and deter violations in the Dutch gambling industry. The updated framework introduces broader penalties, turnover-related fines, and a transparent calculation process. The fine policy encompasses violations under the Remote Gambling Act (KOA) and the Netherlands
As Mississippi lawmakers prepare to reconvene in Jackson for the 2025 legislative session, the contentious issue of online sports betting is expected to resurface. Despite a strong push in 2024, efforts to expand sports betting beyond retail locations ultimately faltered after legislative disagreements. In early 2024, the Mississippi House of Representatives approved House Bill 774,
Ohio sports bettors have once again shattered records, generating over $1 billion in total sports betting handle in November. This marked only the second time the Buckeye State has surpassed the billion-dollar milestone since legalizing sports betting in January 2023. The Ohio Casino Control Commission reported that the November handle totaled $1,024,326,837, driven by increased
Jan 03, 2025 In the 872nd episode of the PokerNews Podcast, which kicks off the New Year and Season 16, Chad Holloway, Kyna England and Mike Holtz are all at Level 9 Studio in Las Vegas to recap some of the biggest stories from the poker world in 2024. That includes GGPoker purchasing the World