The Hong Kong Jockey Club (HKJC) has reported a notable drop in income for the fiscal year ending 30 June 2024, totaling HK$14.8 billion (US$1.90 billion), a 10.5% decrease from the previous year. This decline is largely attributed to an increased duty on football betting and a complex macroeconomic landscape. Challenges in racing and betting: The club has faced
Casino News
Hacksaw Gaming has launched its latest online slot game, Octo Attack, featuring the quirky and captivating Otto the Octopus. Set in a punk-inspired world filled with industrial elements, Otto’s domain is anything but ordinary, with a unique blend of monochrome visuals and splashes of color, reflecting Hacksaw Gaming’s signature design style. Otto, the blue octopus
Star Entertainment Group, the casino operator embroiled in regulatory scrutiny, has announced the sale of its iconic Treasury Brisbane Casino building in Queensland for A$67.5 million ($45.47 million). This strategic divestment comes at a crucial time for the company, which is currently grappling with significant governance and cultural challenges. Strategic disposition amid financial review: As Star Entertainment continues to
Wanna.com has unveiled its latest innovation in the sports gaming market: the Wanna Parlay app. This pioneering daily fantasy sports platform is designed to redefine the traditional paradigms of sports gaming by allowing players to engage in contests where they construct the most effective parlay to win significant cash rewards. The app rolls out new contests weekly and
Sportradar, a global leader in sports analytics, has released its annual NFL season predictions, leveraging advanced artificial intelligence to simulate the upcoming 2024-25 season. According to their data, the Kansas City Chiefs are favored to win the championship on February 9, 2025, potentially marking the first ever “threepeat” in professional football history. Utilizing a sophisticated
Sportradar, a global leader in sports analytics, has released its annual NFL season predictions, leveraging advanced artificial intelligence to simulate the upcoming 2024-25 season. According to their data, the Kansas City Chiefs are favored to win the championship on February 9, 2025, potentially marking the first ever “threepeat” in professional football history. Utilizing a sophisticated
In a notable shift towards transparency and regulatory engagement, ten leading sweepstakes operators have come together to establish the Social and Promotional Gaming Association (SPGA). Announced last Thursday, this new trade association aims to clarify the legality and establish the legitimacy of social sweepstakes games through better communication with regulators, policymakers, and the public. The
A groundbreaking legislative proposal at the Ohio Statehouse sets the stage for legalizing internet casino gaming at a suggested tax rate of 15%. This initiative, comprising Senate Bill 312, aims to transform digital entertainment by legalizing various online casino games for Ohioans. Legislative insights: the push for legal online gambling: State Senator Niraj Antani (R-Miamisburg), the
In a significant legislative move on Saturday, 31 August, the California Senate passed an amended version of SB 549, aimed at empowering the state’s tribes with a singular opportunity to legally challenge cardrooms. The bill, now approved, is headed to Governor Gavin Newsom’s desk for final consideration. Legislative journey and approval: The legislative process saw the
In a significant rebound for the gaming industry, Macau’s casinos have reported an impressive increase in gross gaming revenues (GGR) for August. The Gaming Inspection and Coordination Bureau (DICJ) provided figures showing that revenues reached MOP$19.8 billion (US$2.47 billion), marking a year-on-year increase of 14.8% and a 6.2% rise compared to July’s figures. Nearing pre-pandemic levels: This recent surge
The San Francisco 49ers and Cache Creek Casino Resort, owned by the Yocha Dehe Wintun Nation, have proudly announced an extension of their partnership, which began in 2019. This enhanced agreement now positions Cache Creek Casino Resort as a founding-level partner of the 49ers, signaling a deeper commitment between the two organizations. A centerpiece of
Grand Korea Leisure Co Ltd (GKL), a prominent operator of casinos designated for foreigners in South Korea, has experienced a significant uptick in its casino revenue figures for August. In a September 2 filing to the Korea Exchange, the company disclosed that its earnings for the month soared to approximately KRW41.28 billion (US$30.8 million). This marks a robust
Shares of Star Entertainment Group have been temporarily suspended from trading on the Australian Securities Exchange (ASX) as the company failed to meet the deadline for submitting its annual financial results. This trading halt, initiated on Friday, comes amidst the company grappling with significant findings from a regulatory report criticizing its governance and operational culture.
A new development in Missouri’s gaming industry has emerged as a proposal for a casino license on the Osage River near the Lake of the Ozarks has been approved for the November ballot, following a ruling by a Cole County judge on Friday. Overcoming signature shortfalls: Initially deemed short by 2,031 signatures in the 2nd Congressional District,
In a spectacular unveiling, PrizePicks, the premier daily fantasy sports operator in North America, launched its latest commercial campaign titled Run Your Game, timed perfectly for the football season. The campaign features a lineup of high-profile personalities including Joe Budden, Drew “Druski” Desbordes, Suga’ Sean O’Malley, Kyle Foregard, and Trent Attyah, who is popularly known as BookItWithTrent.
Betr Holdings, Inc., a prominent sports gaming and media entity, is broadening its footprint with the introduction of its innovative peer-to-peer feature, “Group Mode,” for Betr Picks. Coinciding with this rollout is the soft launch of the much-anticipated Betr Sportsbook, timed perfectly to coincide with the new NFL season. This dual launch marks a significant
Star Entertainment’s future in Sydney remains uncertain as it grapples with severe critiques from consecutive investigations revealing a culture resistant to necessary ethical reforms. The New South Wales Independent Casino Commission (NICC) recently highlighted the company’s ongoing failures to address issues of unethical behavior and criminal influences. Initially flagged by the 2022 inquiry led by
Kaizen Gaming, a global leader in the GameTech industry, has elevated its sports marketing endeavors by securing the official global sponsorship of both the UEFA Europa League and the UEFA Conference League. This commitment is set for three seasons, spanning from 2024/25 to 2026/27. In Greece and Cyprus, the sponsorship will be represented under Kaizen’s
SJM Holdings, a casino operator from Macau, has witnessed a substantial enhancement in its operational outcomes, primarily due to cost reductions in its satellite casinos and significant upgrades across its major properties, according to the latest analysis by CBRE Equity Research. The firm disclosed its financial results for the first half of 2024, showing a
In a significant strategic shift, BlueBet, recently merged with Betr, has announced its decision to exit the U.S. market and concentrate its operations exclusively in Australia. This move is set to occur shortly after the merger, indicating a forthcoming rebranding of the combined business. The decision mirrors challenges faced by smaller Australian betting firms such as PointsBet, which have struggled