In a landmark decision, the Philippine Supreme Court has ordered the Philippine Amusement and Gaming Corporation (PAGCOR) to remit 30 years’ worth of payments to the Philippine Sports Commission. This ruling, made public on Thursday, August 22, mandates that PAGCOR must “remit the full amount of 5 percent of its gross income per annum, after deduction of its 5 percent franchise
Casino News
Swintt, the EGR award-winning software provider, has officially made its debut in the UK market in collaboration with the innovative iGaming operator, SuprNation. This strategic partnership marks a significant milestone for Swintt as it introduces its full suite of Elysium Studios and Select slots titles to UK players. Swintt enters UK market through SuprNation partnership: The partnership
On August 20, 2024, the Court of First Instance in Georgia delivered a significant ruling in favor of Aviator LLC, a company involved in the gambling services sector. The court upheld Aviator LLC’s claims of trademark and copyright infringement against the gaming company Spribe OÜ and Adjarabet, the largest online casino in Georgia, which is owned by the UK-based
Ciarán Carruthers, the Chief Executive Officer of Crown Resorts, has decided to step down from his role at the Blackstone-owned casino conglomerate by the end of this year. Carruthers’ departure marks the end of a notably tumultuous two-year tenure characterized by considerable operational challenges and a slowdown in customer revenue. During his leadership, Carruthers was
A Massachusetts court has rejected DraftKings’ attempt to dismiss a class action lawsuit, paving the way for the case to proceed. The lawsuit, filed by the Public Health Advocacy Institute (PHAI), accuses the Boston-based sports betting company of deceptive marketing practices related to a sign-up offer. This legal battle highlights the ongoing scrutiny of promotional
Vietnam has decided to extend the trial period that allows its citizens to gamble at selected casinos until December 31, 2024, according to recent government reports. This extension, part of a pilot project that started at the Phu Quoc casino, aims to evaluate the viability and impact of permitting local residents to engage in casino gambling, a practice
Pragmatic Play Ltd, a prominent casino software company in the iGaming industry, has launched its latest online slot game, Forging Wilds. This new release is a 5×3 video slot set in a blacksmith’s workshop, offering players an immersive gaming experience complete with innovative features and the potential for substantial rewards. The launch, announced on Monday, August 26th,
The Macau Social Welfare Bureau (IAS) has raised alarms over a significant increase in gambling disorder cases during the first half of 2024. According to official reports, 108 cases were registered in the central system for gambling-related issues during this period, marking a concerning trend given that 169 cases were recorded for the entirety of 2023. Breakdown
Macau’s economy has shown significant signs of recovery in 2024, with the region’s gross domestic product (GDP) reaching MOP204.3 billion (US$25.5 billion) in the first half of the year. This marks a real year-on-year growth of 15.7%, bringing the overall economic size back to 86.2% of the pre-pandemic level from the same period in 2019. Notably, this
New Haven, a city in Indiana with ambitions of becoming a more prominent tourist destination, may soon see a significant development that aligns with Mayor Steve McMichael’s vision. A newsletter released by Hannah News Service last Friday revealed that the Rising Star Casino Resort, currently located on the banks of the Ohio River in southeast Indiana,
SkyCity Entertainment Group, a leading name in New Zealand’s entertainment sector, has reported a significant financial downturn, with a net loss after tax of NZ$143.3 million (US$88.3 million) for the fiscal year ending 30 June 2024. This loss was primarily driven by a substantial AU$86.2 million (US$57.5 million) impairment on its Adelaide assets and a
Wazdan, a top developer focused on gaming gains, is further cementing its position in Europe’s mature markets with a new partnership with Italian operator CasinoMania. This collaboration marks a significant step in Wazdan’s strategy to expand its footprint across key European regions. The collaboration between Wazdan and CasinoMania will introduce over 40 of Wazdan’s leading
Brisbane’s Treasury Casino, a 24-hour entertainment staple housed in a heritage-listed former government office, will close permanently at midnight on Sunday, marking the end of an era almost three decades after its opening. This closure paves the way for The Star to inaugurate the main gambling hub at the $4 billion Queen’s Wharf precinct on
The NFL Players Association (NFLPA) has initiated legal action against DraftKings and its parent company, DK Crown Holdings, Inc., lodging a complaint in the US District Court for the Southern District of New York. This lawsuit stems from DraftKings’ decision to cease operations of its Reignmaker NFT platform in July, an action the NFLPA claims violates their contractual agreements regarding intellectual property rights
Get ready to explore a magical, frost-laden realm in Stakelogic’s latest slot release, “Snowflake Sorcery.” This thrilling online casino game invites players into a snow-covered kingdom where an Ice Witch and her sisters wield their formidable powers across the reels, offering a mix of mystery and potent magic. In “Snowflake Sorcery,” the action taking place
Evoke, the owner of prominent betting entities like William Hill, has recently announced the acquisition of New Gambling Solutions (NGS), which operates Winner.ro, currently ranked as Romania’s seventh-largest online betting and gaming platform. This strategic move, disclosed on Friday, aims to consolidate Evoke’s operations within the Romanian market, enhancing its competitive edge. Strategic market expansion: The London-listed firm revealed
Former Thai Prime Minister Thaksin Shinawatra has expressed strong support for the legalization of casino resorts in Thailand, marking a significant endorsement for the gambling industry under the new leadership of his daughter, Paetongtarn Shinawatra, Thailand’s newly appointed Prime Minister. This development follows the recent political shift after the ousting of former leader Srettha Thavisin. Economic vision and casino
Tabcorp, Australia’s largest gambling entity, has been penalized with a record $4.6 million fine and ordered to significantly reform its operations. This decision comes after the Victorian Gambling and Casino Control Commission discovered multiple regulatory breaches over a period spanning from August 2020 to February 2023. Systematic failures and customer harm: Fran Thorn, Chair of the Commission, detailed that Tabcorp
Fantasy sports betting involves creating virtual teams composed of real-life athletes. Participants earn points based on the real-world performance of these athletes in their respective sports. The team with the most points at the end of a competition wins. This type of betting can be split into season-long and daily fantasy sports (DFS). While traditional
The explosive growth of online sweepstakes casinos in the United States has not gone unnoticed by players, regulators, and industry stakeholders. These platforms have quickly filled a niche in the market, offering a legally viable alternative to traditional online gambling. However, the very success that has propelled sweepstakes casinos into the spotlight also poses a