After an extended period of betting operation decline, the 24-year concession granted by the Macau government to Macau Jockey Club (MJC) in 2018 will now be terminated. As reported, the Government will terminate the concession as of 1 April 2024 and take over the venue and facilities of MJC without compensation after the initial five-year
Casino News
CEO and President of the Philippine Amusement and Gaming Corporation (PAGCOR), aka the gaming regulator of the Philippines, Alejandro Tengco, estimates that the gross gaming income (GGR) of the Philippines this year, involving non-casino operations, is probably to reach PHP336.38 billion, which is approximately US$6.03 billion. In addition, if the estimate is realized, it would
The Victorian Gambling and Casino Control Commission (VGCCC) ordered Tabcorp to make almost all of its Electronic Betting Terminals (EBTs) cashless. The statewide direction is issued because of various incidents when minors are caught while gambling on them, which is illegal in the province. Betting terminals regulations: From late January, the only betting terminals that
After two sports betting bills passed the Missouri House and died in the Senate in 2022 and, respectively, 2023 to mark repeated attempts to legalize sports betting in the state, a coalition of six major sports teams including the Kansas City Chiefs, Royals and Current is reportedly launching a campaign to put sports gambling on
Yggdrasil, a highly productive game development studio, has released the Nice Catch 2 DoubleMax™ slot game to ensure constant presence in the iGaming market. Such a presence may again be made memorable as the new slot release offers an exciting theme and an abundance of features to stand out from the crowd. 10,000x Win Potential:
SOFTSWISS Game Aggregator, a leading iGaming aggregation platform, has partnered with the prominent game provider Ready Play to include the developer’s immersive and engaging portfolio in the platform’s soft gaming offerings. The partnership will enable the aggregator to further expand its coverage in the global iGaming market to simultaneously mark another collaboration of the first-league
It was recently reported that the Philippine Amusement and Gaming Corp. (PAGCOR) increased its handout to the country in the first 11 months of 2023, but it still fell short of pre-pandemic numbers. Boost: In compliance with the data of the Bureau of the Treasury, the part of PAGCOR’s realized income attributable to the National
Nolimit City, the Swedish online game developer and provider widely known for its controversial slots, has officially launched Devil’s Crossroad. This devil-themed slot invites players to see what hell and the devil look like through the eyes of the developer! In addition, this new game is inspired by the famous slot called “Gluttony,” as it
Yggdrasil, one of the leading game development studios in the iGaming industry, has continued a streak of strategical partnerships aimed to maintain the strength of its commercial operations. The latest content supply deal closed with LVC Diamond, the fast-growing operator of selected live casino and slot games, fits in the developer’s strategy and enables the
It was recently revealed that a fresh casino-resort will be constructed between Chowchilla and Madera following nearly two decades in the process of making, according to the North Fork Rancheria of Madera County. Approval of the management agreement: On January 11, the National Indian Gaming Commission (NIGC) officially validated the management contract between Station Casinos
GGPoker, the Isle of Man’s leading provider of popular poker games around the world, is excited to reveal the debut of its newest iteration of its much-loved Bounty Hunters tournament series. Starting on January 15th and lasting till February 5th, this exciting series offer players an entirely new poker experience, with an unmatched guaranteed overall
The draft National Ordinance for Games of Chance (LOK) has been filed to the Parliament of Curacao to propose the alignment of country’s gambling laws with international standards. As the bill anticipates that the lawyers representing gaming license holders shall be subject to accreditation by the Curacao Gaming Authority (CGA), the Bar Association has fiercely
The Fontainebleau Las Vegas just opened last month, and two of its executives already left the company. Three resignations: Colleen Birch, a Chief Operating Officer at the Fontainebleau, and Shane Smith, Chief Marketing Officer, left their positions in the company. The resort representative issued a statement saying that they “voluntarily resigned”. The representative added that
Since the January 2022 launch of the legal internet sports betting, the state of New York has grown into the largest online gambling market in the United States. The regulations prescribing the online casino servers to be located at land-based gambling facilities has additionally driven the proliferation of brick-and-mortar casino properties in the state with
The illegal transactions in the Macau casino industry are thriving, and the data that the Macau’s Financial Intelligence Office is concerning. The body released the data from 2023, and the suspicious transaction reports (STRs) rate is higher than ever. The suspicious transactions in Macau: In 2023, there were 3.431 suspicious transactions, according to the Financial
International Game Technology (IGT) has officially dropped its legal challenge to the award of the 4th UK National Lottery license to Allwyn Entertainment UK Limited (Allwyn). The case: The legal case started during July two years ago, aka in 2022. At that time, the Court of Appeal allowed IGT to challenge the decision. The decision
Hacksaw gaming, a premium supplier of slots, scratchcards and instant win games to the online gaming industry, enters partnership with a leading online casino operator Soft2Bet. Under the latest B2B deal, the partners join forces again to launch the supplier’s games on the operator’s Don.ro platform for the very first time! Market Debut: The Romanian
Oriental Regent Ltd, a vertical of the Hong Kong-listed Summit Ascent Holdings Ltd, is to sell its gaming and hotel operations in Russia. As reported, Oriental sells its wholly-owned subsidiary G1 Entertainment LLC to a Russian entity Dalnevostochniy Aktiv LLC for a price consideration of $116 million. Taking Over Tigre de Cristal Casino Operations: As
Genting Malaysia will invest in its subsidiary from the US, Empire Resorts, one more time. The most recent investment is US$100 million, which takes the total investment to US$724 million. However, the huge amount of money invested in Empire Resorts since 2019 made the analysts question whether the decision was right. The investment of US$100
Vermont revealed the debut of its lawful online sports wagering market, meaning its players are now allowed to bet on sports with Fanatics, FanDuel and DraftKings. Opening a legal online sports wagering market: The official opening of the mentioned market was on January 11 at midnight local time. Along those lines, Wendy Knight, Commissioner of