Shareholders of Golden Matrix Group (GMG), a developer, licensor, and global operator of online gaming and eCommerce platforms, systems, and gaming content, have voted to approve the acquisition of B2B sports betting and gaming company MeridianBet Group. Zoran Milosevic, the Chief Executive Officer of MeridianBet Group, said: ”Today marks a major milestone for MeridianBet, and I am
Industry
Opponents of the Seminole Tribe’s operation of online sports betting suffered defeat on Thursday as the state’s Supreme Court ruled against their latest challenge to the agreement between the tribal nation and the state government, which permits the addition of this gambling activity. The court determined that the opponents had submitted an incorrect petition type
Citing unnamed sources familiar with the matter, Bloomberg has reported that Rush Street Interactive is allegedly considering strategic options, including a potential sale. According to the people, RSI has reached out to multiple suitors, including DraftKings, in its exploration of these options. Following the news, shares of the company rallied late Thursday. Rush Street, which operates brands
In a bid to curb what he termed a “growing public health crisis”, Representative Paul Tonko (D-N.Y.) unveiled plans to introduce legislation aimed at limiting the marketing practices of online sports betting companies in the United States. Joined by members of Northeastern University’s Public Health Advocacy Institute, Tonko emphasized the need to address the proliferation
Arkansas Attorney General Tim Griffin has given the green light to revised ballot language for a proposed constitutional amendment aimed at altering casino licensing in the state. The amendment, spearheaded by the Local Voters in Charge ballot committee, seeks to repeal the Arkansas Racing Commission’s authority to issue a casino license in Pope County and
Betwinner was one of the bookmakers present at SBC Summit Rio, an event held between March 5 and 7 in Rio de Janeiro and attended by more than 4,000 people. The company is among the 134 that had previously expressed their interest to the Ministry of Finance to operate in the regulated betting market. In
Since its implementation, the Novovision casino management system has had “a significant impact” on the daily business in the two venues of the Casinò di Venezia in Italy, according to gaming technology giant Novomatic. According to the company, the state-of-the-art functionalities of its casino management solution have “made the daily business of Italy’s oldest established gaming house
Sports betting e-commerce platform Winible has announced $6 million in seed funding. The company says its “first-of-its-kind” platform enables sports influencers and experts to monetize their insights and predictions with customizable digital storefronts, subscription models, and payment processing. The round was led by Inspired Capital with participation from industry figures such as Adam Wexler (PrizePicks), Kyle
Catawba Two Kings Casino in Kings Mountain, North Carolina, is poised for expansion this summer as it prepares to introduce 12 live table games, complementing its existing array of offerings, which currently include 1,000 slot machines, electronic table games, a retail sportsbook, and a restaurant. Catawba Two Kings Casino currently employs 280 people and anticipates
The SOFTSWISS Game Aggregator has announced a new partnership with Tornado Games. The deal follows a recent milestone for the content hub for iGaming projects, as SOFTSWISS’ flagship product reached 20,000 games and continues to enrich its portfolio. SOFTSWISS describes its new partner as “an innovative game developer that creates engaging online slots that blend striking
The Malta Gaming Authority (MGA) announced that, along with The Financial Intelligence Analysis Unit (FIAU), it has completed a thematic review of the remote gaming sector. The review was carried out with the aim of assessing gaming operators’ knowledge on matters related to Anti-Money Laundering (AML) and Combatting the Funding of Terrorism (CFT). The review,
The organizers of the Peru Gaming Show announced an expansion of its exhibition area due to the high demand from the companies that will participate in the event, which will be held in Lima on June 12 and 13. “With three months to go before Peru Gaming Show – PGS, the most anticipated trade show
An estimated $2.72 billion could be wagered on the NCAA men’s and women’s basketball tournaments with American sportsbooks, as per an analysis released by the American Gaming Association (AGA). This estimate, provided by Dave Forman, head of research at AGA, surpasses the amount believed to have been wagered on this year’s Super Bowl, which totaled $1.4
Macau casino operators, including MGM Resorts, are turning to RFID technology, with CEO Bill Hornbuckle suggesting it’s in response to the failure of foreigner-only gambling zones to attract players. MGM China Holdings has implemented a “chip-in-chip program” to meticulously track every chip used on its gaming floor, Hornbuckle said, during the J.P. Morgan Gaming, Lodging,
Sports technology provider Sportradar’s revenue for the full year of 2023 increased 20% to €877.6 million ($954.6 million) compared to the previous year, driven by 20% growth from the rest of world betting segment and 30% growth from the U.S. The full-year revenue was at the upper end of the company’s 2023 annual outlook range
Bacta has confirmed that it’s moving its 21st April National Council meeting from London to Leeds with members invited to meet with the Council over lunch and participate in an informal Open Forum. The initiative, which is part of Bacta’s restructuring and modernization program voted on by the membership last year, provides an opportunity for
The “Long Goodbye” tour just got longer, as an Eagles residency at the Las Vegas Sphere is set begin this fall. The legendary group will land in the new venue following U2, Phish, and some dead heads. And they are doing this despite finishing their “farewell” tour, which began all the way back in September
The Hilton Buenos Aires Hotel and Convention Center hosted yesterday the opening of the thirty-second edition of SAGSE in Argentina. The event, which is expected to attract more than 2,500 visitors during the two days, was attended by the main referents of the gaming industry in Latin America. After opening remarks by Alan Burak, Vice
The Directorate General for the Regulation of Gambling (DGOJ), the regulatory body of the online sector in Spain, presented its new Online Gambler Report, which analyzes the profile and the main patterns of Spanish gamblers, and how they behaved during 2023. According to the study, the number of active players is 1,637,831, a figure that
Casino loyalty and technology developer Acres Manufacturing Company has unveiled a case study shedding light on the significant losses incurred by casinos due to highly skilled video poker players, commonly known as Advantage Players (APs). The study, powered by Acres’ Video Poker Analyzer (VPA) product, unveils the extent of profit erosion caused by a small