Month: February 2025

Former executives of Entain PLC, a major player in the global betting market, are embroiled in a legal battle against the company and its long-standing legal advisor from the UK, Addleshaw Goddard (AG). The dispute centers around alleged unauthorized disclosures of privileged information linked to a substantial legal settlement involving Entain’s operations. Legal battle amidst
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President Donald Trump has nominated Kalshi Director Brian Quintenz to serve as the next chairman of the Commodity Futures Trading Commission (CFTC), a move that could have implications for the regulation of prediction markets and event-based trading. Quintenz, who previously served as a CFTC commissioner under Trump’s first administration, confirmed his nomination on X (formerly Twitter):
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As Brazil’s betting and gaming market undergoes its most significant transformation yet, industry leaders, regulators, and stakeholders will gather at SBC Summit Rio to navigate the evolving landscape. In this article, the SBC team shares a list of the can’t-miss regulatory panels at the event. Taking place at Riocentro, Rio de Janeiro, from 25-27 February, SBC
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Aristocrat Interactive has appointed industry veteran Nir Hakarmeli as Managing Director of its iGaming & Sports division. “This strategic hire underscores Aristocrat Interactive’s commitment to enhancing its digital offerings and expanding its presence in the global online gaming and sports betting markets,” the company said. Hakarmeli will lead the division’s growth, focusing on expanding the
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Online casinos in New Jersey topped Atlantic City’s retail casinos in revenue for the second time in January. Despite finishing second, the city’s brick-and-mortar casinos still experienced growth compared to last year. Atlantic City casinos generated $210.1 million in revenue for January, marking a 2.6% increase from January 2024, according to the latest report from the
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Alex Riddick, CEO of PIN-UP Traffic and Founder of Riddick’s Partners, has announced the Riddick Dubai Meetup, a private gathering for iGaming industry leaders set to take place on February 24, 2025.  Interested attendees can visit this link to apply for the Riddick Dubai Meetup. The exclusive high-level gathering aims to welcome “only those two truly influence the
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The all-new Flamingo GO Pool is ready to shake up the Las Vegas pool scene this summer, as renovation work wraps up and prepares for a grand re-opening this spring. The new multi-pool complex is set host high-energy parties with “rain curtain” waterfalls and a 30-seat swim-up bar! Spanning nearly 1.5 acres, the $20 million GO
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The Philippine government, represented by the Presidential Anti-Organized Crime Commission (PAOCC), has set a formidable goal to completely eradicate illegal Philippine Offshore Gaming Operators (POGOs) by the close of this year. This initiative is part of a broader effort to cleanse the nation of unregulated gambling activities that pose significant social risks. During a media briefing at the Saturday News Forum
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In a significant move to enhance its casino and hotel services, International Entertainment Corp has announced a comprehensive PHP1.47 billion (US$25.5 million) renovation plan for its New Coast Hotel Manila, Philippines. This initiative, led by its wholly-owned subsidiary New Coast Leisure Inc, aims to modernize the facility and expand its gaming capacity, promising a boost in visitor attraction and future revenue. Contract details
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La Française des Jeux (FDJ), a leading name in the European betting and gaming landscape, has reported a robust performance for the year 2024. The company’s revenue soared to €3,065 million, marking a significant 17% increase compared to the previous year. This growth includes contributions from Kindred, integrated into the company from October 11. Excluding Kindred, FDJ’s growth
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Online casinos in New Jersey topped Atlantic City’s retail casinos in revenue for the second time in January. Despite finishing second, the city’s brick-and-mortar casinos still experienced growth compared to last year. Atlantic City casinos generated $210.1 million in revenue for January, marking a 2.6% increase from January 2024, according to the latest report from the
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Live! Casino & Hotel Louisiana officially opened its doors to the public last Thursday, marking the first land-side casino in the Shreveport-Bossier market. The $270 million development, owned by The Cordish Companies, welcomed guests for the first time with a blend of gaming, luxury accommodations, and live entertainment. The opening event featured a ribbon-cutting ceremony, a fireworks
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Star Entertainment Group is weighing a $650 million debt financing offer from Oaktree Capital Management as the Australian casino operator faces serious financial uncertainty. With dwindling liquidity and ongoing restructuring efforts, the company is actively exploring solutions to stabilize its operations. The casino operator recently disclosed its financial struggles, revealing that it had only $78
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