Fox Corporation CEO Lachlan Murdoch revealed the company’s intention to exercise an option to acquire an 18.6% stake in the betting company FanDuel, with the potential deal valued significantly below current market rates. Speaking at the Goldman Sachs Communacopia and Technology Conference, Murdoch noted that analysts from Goldman Sachs appraise FanDuel, owned by Flutter, at $35
Industry
As the iGaming industry rapidly expands, various licensing jurisdictions have emerged to support businesses entering this lucrative market. One of these jurisdictions is Anjouan. It attracted considerable attention for its gaming licenses, but with this rise in interest comes an array of myths and misconceptions. In this article by iGaming consultant Ron Mendelson, Fast Offshore, he
B2B online casino solutions provider Evolution has announced the launch of Crazy Time Italia. Now streaming live from Evolution’s state-of-the-art studio in Malta, Crazy Time Italia is presented by native-speaking Italian game hosts and is available immediately from Italian market operators. According to Evolution, Crazy Time has been a global hit since launching in 2020 serving
A study by the National Confederation of Traders (CNDL) and the Credit Protection Service (SPC Brasil), in partnership with Offerwise Pesquisas, revealed that Brazilians spend approximately BRL 6 billion (more than $1 billion) a month on online gaming and betting. The survey also indicated that more than 40 million people have placed some kind of
The organization Gaming & Technology Expo (GAT Events) highlighted the recent edition of GAT Showcase Bogota, event that took place on September 6 at the Sheraton Bogota Hotel and that, after eight continuous hours, confirmed itself “as one of the most vibrant business and networking platforms for the gaming industry”. The organization affirmed that the
The opening week of the American football season is in the books, and betting on NFL games is off to a good start as well. This year, our friends at the American Gaming Association forecast that American sports bettors will place about $35 billion in wagers with legal sportsbooks. “With the excitement of another NFL
iGaming content supplier Pragmatic Play has expanded its partnership with PixBet after signing a deal to deliver its Smart Studio solution to the operator, aimed at further solidifying its presence in the Brazilian market. The deal will see several Live Casino tables made available to PixBet’s customers, which can all be customized through Pragmatic Play’s
The World Tote Association (WoTA) have elected the new Board who will drive the Association’s activities for the coming two years at a Board meeting hosted at the recent Asian Racing Conference in Sapporo, Japan. Fundi Sithebe, CEO of 4Racing in South Africa, and Keith Johnson, President of 1/ST TECHNOLOGY group/AmTote have accepted nominations to co-chair
Gaming supplier Zitro has announced its participation in the upcoming Global Gaming Expo (G2E) in Las Vegas. The company will unveil its latest innovations, including the worldwide debut of its new Concept cabinet line. At booth #2859, Zitro will showcase its product portfolio featuring a diverse lineup of games compatible with both the new CONCEPT
Games development company and iGaming solutions provider XGENIA has been selected as one of five finalists for the SBC First Pitch Competition at this year’s SBC Summit Lisbon. “This recognition highlights its innovative approach to game development, which leverages AI technology to create customized online casino experiences with unmatched speed and creativity,” the provider stated.
Ladbrokes announced the launch of its latest TV campaign, ‘The Gaffer of all Accas’, the first to be written and produced entirely by Entain Creative, the new in-house creative agency for the Ladbrokes and Coral brands. The 30-second spot playfully explores the many ups and downs of being a football fan – from dodgy referees
Yaamava’ Resort & Casino at San Manuel, California has been awarded Best Casino Outside of Las Vegas in the USA Today 10Best Readers’ Choice Awards. Aditionally, the casino’s fine dining restaurant, The Pines Modern Steakhouse, has also been voted Best Casino Restaurant. San Manuel Gaming & Hospitality Authority’s Palms Casino Resort in Las Vegas was named “Best Casino in Las Vegas”. “Yaamava’s
BIG Brazil, in partnership with Caesars Sportsbook, has unveiled its first three board members as the company prepares to launch sports betting and online gaming operations in Rio de Janeiro in the coming months. Among the high-profile appointments is Jan Jones Blackhurst, the former mayor of Las Vegas and a prominent figure in the global
Japan’s first casino resort, located in Osaka, is slated to open in late 2030, marking a significant step in the country’s growing embrace of legalized gambling. The resort, part of a broader integrated development initiative, will be operated by Osaka IR KK, which made a commitment to the project by waiving its right to withdraw
A Singaporean businessman has been ordered by an Australian court to pay more than A$38 million ($25.3 million) to a Gold Coast casino after accumulating significant gambling debts in 2018. Wong Yew Choy, a businessman from Singapore, lost A$47.3 million over a few days playing baccarat at The Star Gold Coast casino in Queensland in
The North Carolina State Lottery Commission announced on Monday that sports betting in the state generated $33.8 million in gross revenue for August. From August 1 to August 31, sports bettors in North Carolina placed wagers totaling $370.5 million, including paid wagering revenue and promotional wagering revenue. Of these bets, $333.7 million was returned to
Pickleball enthusiasts in Las Vegas looking for court space now have a new option at the Plaza Hotel-Casino, which is offering a temporary promotion throughout September. The downtown casino provides free lessons, open play sessions, and discounted equipment rentals to give locals a chance to enjoy the popular sport with a scenic view. The Plaza
India’s Goods and Services Tax (GST) Council has decided to retain the 28% turnover tax on online gambling, casino operations, and horse race betting. The decision follows a six-month review of the tax hike, which took effect in October 2023. The review was originally promised to assess the impact of the increased tax on the
Bally’s Chicago has reached its first-year milestone, welcoming 1.3 million visitors to its temporary casino at the Medinah Temple. Over the past 12 months, the casino has generated over $114 million in adjusted gross receipts, placing it among the top four in Illinois. The casino, which opened in September 2023, is the first of its
The Norfolk City Council on Tuesday approved a purchase and development agreement with the Pamunkey Indian Tribe and Las Vegas-based Boyd Gaming for the construction of a new waterfront casino near Harbor Park. The agreement, which passed by a 7-1 vote, advances a long-delayed project expected to generate significant economic benefits for the city. Boyd