An Australian parliamentary committee has urged the federal government to ban advertising for online gambling during sporting events within three years, in the backdrop of what has been described as a crisis threatening the financial and mental health of Australians. The committee, chaired by Labor MP Peta Murphy, released the findings of an inquiry into
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June 28, 2023 In what might be the most anticipated High Stakes Duel match of them all, Daniel Negreanu and Doug Polk will rematch on the PokerGO heads-up show starting with the $200,000 pot round in August. The official date hasn’t been determined, but it will take within weeks following the conclusion of the 2023
Jake Paul-led micro-betting sports gaming company Betr has announced a $35 million round of financing, valuing the company at $300 million pre-money. The company held a set of initial closings for its Series A2 round of financing in Q2 and is scheduled to conduct a final closing in Q3. The round is co-led by Roger
Sri Lanka’s Cabinet of Ministers has given its approval for the establishment of a Gambling Regulatory Authority, which will be responsible for supervising the country’s gambling industry and ensuring the proper collection of tax revenues. The proposal, previously put forth by Sri Lankan President Ranil Wickremesinghe in his role as the Minister of Finance, Economic
The American Gaming Association (AGA) and RX opened on Tuesday registration for Global Gaming Expo 2023 (G2E), which will take place at The Venetian Expo, Las Vegas from October 9-12. “G2E serves as an annual showcase for innovation in gaming, and this year’s event promises to be especially impactful as the industry transforms at a
One of the most famous iGaming aggregators and content providers, Relax Gaming, worked hard to satisfy the wishes of its loyal customers and released the new slot game, Shark Wash, which offers a fantastic combination of exciting gameplay and bonuses that will potentially bring some amazing wins. New mechanics and great win potential: So, meet
On June 23, officials at Green Valley Ranch Resort, a premier resort and casino based in Henderson, Nevada, revealed that the casino-resort will undergo a property-wide renovation, which will include, among other things, converting the buffet to several new food and beverage options and high limit rooms upgrade. The renovation begins with the opening of
The Cabinet of Ministers of Sri Lanka officially validated a proposal to draft legislation to create the Gambling Regulatory Authority (GRA), whose main task will be to supervise the industry and make sure that tax revenues are properly accumulated. Proposal for a draft legislation: “The Cabinet approved the proposal previously tabled by Sri Lankan President
June 28, 2023 The seventh edition of the Kings of Tallinn Summer Showdown runs at the Olympic Park Casino and the adjacent Hilton Tallinn Park from July 21-30, and we predict it is going to go down a storm. The Summer Showdown looks to build on a hugely successful 2023 Kings of Tallinn festival, which
June 28, 2023 One week does not make a career, but if there was any doubt remaining as to how strong Brian Rast’s Poker Hall of Fame candidacy was seven days ago, you may have since changed your mind. That’s not to say the other nine builders and players nominated aren’t deserving of reaching poker’s
New Jersey’s gaming industry is awaiting a decision as lawmakers contemplate whether to grant a two-year extension to the state’s profitable internet gambling market. This comes despite the industry’s request for a 10-year extension. The bill, which originally aimed to prolong online casino gambling through 2033, was amended to a two-year extension during a state
The dispute over the future of PointsBet’s U.S. operations seems to have concluded with Fanatics presenting a revised offer of $225 million, a 50% increase from their original proposal. In a statement released on Tuesday evening, the PointsBet board “unanimously recommended” accepting the cash offer. PointsBet shareholders will vote on the Fanatics offer on Friday.
June 28, 2023 The brains behind the increasingly popular Irish Poker Tour are bringing an action-packed six-day schedule to the Slovakian capital Bratislava. The 2023 Bratislava Poker Festival‘s schedule is not only crammed full of events, but those tournaments come with combined guaranteed prize pools of €1 million. The 2023 Bratislava Poker Festival takes place
iGaming software and business solutions provider Slotegrator is set to exhibit at the upcoming edition of iGB L!VE in the Netherlands. This year, the company is presenting the new AI-powered capabilities of its turnkey online casino platform, as well as its Telegram Casino solution. “Slotegrator is once again traveling to the Netherlands for iGB L!VE,
June 28, 2023 June 27 was the 29th day of the 2023 World Series of Poker at the Horseshoe and Paris Las Vegas. The day saw several events break attendance records, which seems to be a common theme this year, with a trio of players becoming WSOP bracelet winners. The first of three bracelets won
June 28, 2023 After close to 13 hours on the virtual felts on WSOP.com, “Suki_The_Sav” took down Online Event #11: $888 NL Hold’em Crazy 8’s after defeating “Jautiena” in a lengthy heads-up battle. A total of 1,050 players who rebought 629 times created a prize pool of $1,343,200, with the top 248 finding a cash.
During the 6th edition of the National Football Conference (CONAFUT), the special advisor to the Brazilian Ministry of Finance, José Manssur, stated that his country’s government is close to enacting the long-awaited regulation of sports betting. Without giving a confirmation, he insinuated that the enactment may take place before July 17, when the parliamentary recess
Olympic Entertainment Group’s (OEG) sports betting brand OlyBet announced Tuesday that it has joined the International Betting Integrity Association (IBIA). OlyBet is a leading online gaming and sports betting brand in the Baltic region, and it noted in a statement that through its continued growth and expansion, it has become a “comprehensive” sport, gaming, and
Hong Kong-based Emperor Entertainment Hotel has shared its financial results for the fiscal year that concluded on March 31, 2023. The company’s net losses for the period have significantly reduced to HKD98.2 million ($12.5 million). This positive shift was attributed to the reversal of impairment losses on assets, amounting to HKD31.8 million ($4.05 million), and
Online gaming content provider CT Interactive has made an exclusive set of its games available for the customers of Betmexico, thus expanding its presence in the Latin American region. According to the supplier, Betmexico is one of the largest operators in Mexico, and is “famous for its unique approach and offerings.” Martin Ivanov, Director Of Business Development Americas