The International Betting Integrity Association (IBIA) reported 90 alerts of suspicious betting to the relevant authorities in the second quarter (Q2) of 2024. The Q2 2024 total is 3% less than the revised figure of 93 alerts in Q1 2024, but marks an increase of 80% when compared to the Q2 2023 total of 50
Industry
Svenska Spel reported a 2.9% drop in net gaming revenue to SEK3.82 billion ($360.6 million) for the first half of 2024, with net profit falling 19.1% to SEK794 million ($75.3 million), as the company strengthened responsible gambling measures and closed two land-based casinos. The Swedish gambling operator saw its operating profit decline by 18.2% to
The U.S. iGaming industry is on track to overtake the U.K. as the world’s largest online gaming market by gross revenue by the end of this year, according to a new report from intelligence firm Vixio. Vixio’s June 2024 U.S. iGaming Outlook report forecasts a 22% year-on-year growth in total U.S. iGaming gross gaming revenue,
Are you ready for Anyma at the Las Vegas Sphere on December 31st? This New Year’s Eve could be spectacular, as you could be witness o the perfect culmination of technological forces when Afterlife presents Anyma ‘The End of Genesys,’ a captivating and unique event, presented by Live Nation. Operating at the compelling intersection between
SM Investments, the Philippines’ most valuable company, is planning to invest up to $300 million in an integrated casino and resort north of Manila, according to local media reports. Premium Leisure, a unit of SM’s Belle Corp, has submitted an application for a license to develop and operate a casino and resort in Clark, Pampanga
Henrico County’s Virginia General Assembly delegation has requested Churchill Downs Incorporated to withdraw plans to operate a gambling facility featuring historical horse racing machines (HHRs) in the Staples Mill Shopping Center in Henrico’s Near West End. The eight members of the delegation sent a letter to the company on Tuesday. Last month, Churchill Downs submitted
New Jersey casinos experienced a significant decline in sports betting revenue in June, with a nearly 24% decrease compared to the previous year, according to data released by the New Jersey Division of Gaming Enforcement on Tuesday. Including the three horse tracks that offer sports betting, the overall sports betting revenue in the state fell
Buenos Aires provincial senator Daniela Reich has presented a bill to prohibit the presence of ATMs in casinos, bingos, racetracks, slot machines, and “in any public area where bets are placed for money or any other means of payment.” Likewise, the legislative initiative also proposes to prohibit machines to carry out transactions with foreign currency or
Mille Lacs Corporate Ventures (MLCV) has celebrated the grand opening of the renewed hotels at its Grand Casino properties in Mille Lacs and Hinckley, Minnesota. Ribbon-cutting ceremonies were held at both locations to celebrate the comprehensive renovations, which encompassed nine months of work and over 1,100 hotel rooms. According to MLCV, all rooms and suites have
FanDuel, the sole online platform offering citywide sports betting in Washington, D.C., is back up and running after temporarily halting its operations on Tuesday. The suspension came in response to a delay in the signing of the city’s budget for the 2025 fiscal year by Mayor Muriel E. Bowser, which includes provisions for the continuation
The Petersburg Circuit Court has approved a resolution allowing a referendum to bring casino gaming to the city. The motion was first unanimously approved by the City Council in a 7-0 vote Monday morning, in a meeting that lasted slightly more than two-and-a-half minutes. Vice Mayor Darrin Hill, in whose Ward 2 the Live! Casino
On Wednesday, The Mirage Hotel & Casino in Las Vegas closed its doors permanently, marking the end of a 34-year legacy. Known as the first mega-resort on the Strip, The Mirage revolutionized the casino business model with its focus on non-gaming amenities such as entertainment, dining, exotic animals, and free attractions. The final night was
The 2024 edition of iGB L!VE, the last to be held in Amsterdam before its 2025 relocation to London, opened today, July 17, with attendees participating in the biggest edition of the show on record. A sustained level of international interest has seen iGB L!VE registrations increase 40% year-on-year with industry professionals from 121 nations
California’s Jamul Casino executive team celebrated the topping-off ceremony for the property’s new hotel tower, placing the final beam on July 12th along with members of Jamul Indian Village Development Corporation (JIVDC) and the Jamul Indian Village Tribe. The brand-new, 16-story hotel tower will feature 200 rooms, including 52 spacious suites, and “a curated collection
iGaming content provider Play’n GO has launched its latest online slot game, the samurai epic Whispering Winds, offering players a challenging adventure to unlock the emperor’s treasure chamber. This new game features Hikaru, a samurai on a mission to recover the sacred treasures of the Fujimato Dynasty while facing off against Takeshi, the dynasty’s guardian. Whispering Winds
Payment solutions provider OKTO has announced the launch of its cash-to-digital payment solution OKTO.CASH with German iGaming operator bet-at-home. OKTO called the collaboration “a significant milestone for the company, expanding its footprint in Germany and further solidifying its reputation as an innovator in cash-to-digital solutions for iGaming enthusiasts.” The company noted that OKTO.CASH offers bet-at-home
The main specialists in the iGaming and betting sector agree that one of the markets with the greatest future projection is Latin America. This has led the main players in the industry to think of strategies that differentiate them from the competition. Codere Online is undoubtedly one of the leading companies in the sector and one
The organizers of the Gaming & Technology Expo (GAT Expo) shared more details about the debut of GAT Caribe Cancun, which will take place November 26 – 28 in Mexico’s first beach destination. According to what they said, the event plans to bring together a large community of gaming industry professionals from Mexico, Central America,
“Zitro’s commitment to environmental responsibility extends beyond its energy consumption,” a press release states. The company noted that it is exploring further ways to reduce its environmental impact throughout its operations, which includes implementing sustainable product development, manufacturing, and waste management practices. Zitro earlier this month announced the creation of an Environmental, Social, and Governance (ESG)
Illinois-based Accel Entertainment has entered into an agreement to acquire Fairmount Holdings, owner of FanDuel Sportsbook & Horse Racing in Collinsville, Illinois, for about $35 million. The deal will be paid in 3.45 million shares of Accel Class A-1 common stock, based on a 20-day trailing average. The acquisition, announced on Monday, “extends Accel’s convenience