It’s almost “go time” for the 2024 professional football season! And MGM Resorts sportsbooks, along with the BetMGM NFL betting app, have gone through some changes for this year which players will appreciate. These updates are designed to simplify the sports betting process and expand the options available to bettors. And at the heart of
Industry
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The NFL season represents the prime opportunity of the year for US sportsbooks to attract new customers, and many are capitalizing on this by rolling out enticing promotions, drawing from successful past campaigns. This is an excellent time for bettors to score some impressive deals! Typically, the NFL season generates over one-third of the annual
Workers at The Venetian and Palazzo in Las Vegas have overwhelmingly ratified their first union contract. Culinary Local 226 said in a Tuesday news release that 99 percent of workers voted in favor of the agreement. The two hotel-casinos join almost all other Strip resorts in becoming unionized. Culinary officials said more than 4,000 workers
Colorado sportsbooks saw an increase in handle, revenue, and taxes paid to the state in July when compared to the same month last year, according to the state’s Department of Revenue. The agency’s latest report shows Colorado sportsbooks took in 14% more bets than in July 2023, while payments to the state jumped by 33.2%.
Nevada’s gaming industry experienced a setback in July 2024, with gross gaming revenue (GGR) falling to $1.3 billion, a 7% decline compared to the same month last year. This dip, particularly notable on the Las Vegas Strip, has raised concerns among analysts about a potential slowdown in consumer spending on gaming and leisure activities. The
Genting Malaysia Berhad reported a strong financial performance for the second quarter of 2024, with profit more than doubling to MYR62.8 million ($14.6 million), driven by growth across its Malaysia, UK, and US gaming markets. Total revenue for the quarter increased by 8% year-on-year to MYR2.67 billion ($619 million). In Malaysia, the leisure and hospitality
The UK Gambling Commission (UKGC) is set to launch a six-month pilot program aimed at testing financial risk assessments for online gambling, beginning on August 30, 2024. This initiative is part of a broader effort by the Commission to enhance consumer protection in the gambling industry through a series of regulatory changes. The pilot will
As August draws to a close, the New York sports betting scene anticipates the debut of its newest entrant, ESPN Bet. Earlier this month, Penn Entertainment had set the end of August as the target launch window for the online sportsbook. However, according to recent updates from Newsday, the launch is now expected to occur “sometime
Star Entertainment Group’s long-awaited AU$3.6 billion ($2.44 billion) Queen’s Wharf Brisbane development officially opened its doors on Thursday, marking the first phase of a multi-year project expected to transform the city’s skyline and economy. The Star Brisbane, the centerpiece of the development, welcomed guests to its 5-star hotel, casino, and entertainment facilities as part of
Las Vegas’ El Cortez casino has now become more accessible to visitors, as the downtown gambling property has now announced the completion of its Seventh Street construction project. According to KTNV, the project features pavement restoration, new landscaping and irrigation, streetlight improvements, and new festoon lighting, which collectively enhance the hotel’s surrounding exterior and easier access to
Gaming technology provider BetConstruct will showcase its offerings at next month’s Entertainment Arena Expo. The event will be held September 3-5, in Romania. The Central and Eastern Europe casino industry event returns for its 16th edition next month. The B2B event gathers both local and international industry specialists and enthusiasts on the largest show floor in
Sports gaming and media company Underdog Fantasy announced the next investment from its GuardDog fund to foster innovation in responsible gaming, which was founded with $1 million last year. GuardDog will provide funding to The Game Safety Institute (GSI) and its efforts to build wider product intelligence platforms to more accurately assess risk for each
iGaming solutions provider EGT Digital will make its debut at this year’s edition of SiGMA East Europe, slated to take place on September 3rd and 4th at the Hungexpo Budapest Congress and Exhibition Centre in Budapest. The company says that it has prepared “a rich product selection,” which will be available to guests at stand
Related Companies and Wynn Resorts have unveiled new details of their planned $12 billion casino complex in Manhattan’s Hudson Yards, as part of their joint proposal to secure one of New York State’s downstate casino licenses. The development, dubbed Wynn New York City, would feature an 80-story tower with a gaming facility, hotel, office spaces,
The new Hard Rock Casino Rockford opened its doors to the public at 3:00 PM Thursday, following a star-studded grand opening event. The new 175,000-square-foot casino, which comes with a $300 million price tag, is located just off the I-90 State Street exit in Rockford, Illinois, and took two years of construction. The Rockford casino’s
Rivalry Corp has reported a net revenue of CAD4.7 million ($3.49 million) for the second quarter of the year, marking a 3% increase from Q1 2024 and a 22% rise compared to the same period in 2023. This growth is attributed to the company’s strategic focus on improving margin efficiency, achieving a record net revenue
iGaming technology provider SOFTSWISS has introduced its new Retail Betting Solution, made possible by its acquisition of a majority stake in South African software provider Turfsport earlier in the year. The new solution aims to support diverse betting activities, including sports betting, horse racing, lotteries, and casino games, and will enable operators to establish offline gambling
Uplatform will present its customized iGaming solutions at the SBC Summit 2024, scheduled for September 24-26 at the Feira Internacional De Lisboa & MEO Arena in Lisbon, Portugal. The company aims to demonstrate how its innovative, tailored services can help operators grow successful iGaming ventures. The SBC Summit, one of the major events in the
iGaming platforms developer and operator Golden Matrix Group (GMGI) has announced significant progress in its expansion strategy, focusing on its anticipated entry into the U.S. iGaming market and further expansion across Europe and South America. The company, through its subsidiary Expanse Studios, is in the process of applying for a New Jersey Casino Service Industry