Industry

As the online gambling industry continues to flourish, more and more entrepreneurs want to know how online casinos generate revenue. The exponential growth underscores the importance of understanding how online casinos can capitalize on this burgeoning market to increase revenue and sustain profitability. Slotegrator highlights key points. Let’s go over the key figures: the global

Online gambling company Kindred has released its latest ‘Journey Toward Zero’ report. The report showed that the company’s share of revenue from high-risk players experienced a slight increase to 3.2% in Q1 2024 as compared to Q4 of 2023, which was at 3.1%. However, the latest figure also marked a yearly decrease from 3.3% in

President Volodymyr Zelensky of Ukraine has signed a decree to ban gambling in the country’s military in response to concerns that it is sapping morale and that it might pose a security risk in the country’s ongoing fight against Russia. The ban runs until the end of martial law. The decision to implement stricter regulations

Delaware’s sports betting market witnessed a surge in consumer spending during March, with expenditures skyrocketing by 440% compared to the same period last year, reaching $18.9 million.  Contributing to this growth is the launch of Delaware Lottery’s inaugural online sportsbook, powered by Rush Street Interactive (RSI) and BetRivers, which went live in January. Handle was

The Philippine Amusement and Gaming Corporation (PAGCOR) has appointed lawyer Wilma Eisma as its new President and Chief Operating Officer (COO). Eisma took her oath of office before Executive Secretary Lucas Bersamin in Malacanang and immediately joined her first PAGCOR Board meeting, becoming the first woman to hold the position of President and COO, the corporation

China has repatriated 680 suspects involved in illegal cross-border gambling and fraud from Cambodia, marking the conclusion of a joint operation between Chinese and Cambodian police. The most recent group of 135 suspects were escorted back to China from Cambodia by two chartered planes on Sunday, landing at Tianhe International Airport in Wuhan, Central China’s

South Africa’s main opposition, the Democratic Alliance (DA), has officially introduced its Remote Gambling Bill of 2024 in Parliament after more than two years of drafting and consultations with industry experts. The bill is sponsored by MP Dean Macpherson, the DA’s Shadow Minister of Trade, Industry and Competition. “This initiative comes in response to the

HIPTHER Agency has unveiled the final agenda for the MARE BALTICUM Gaming & TECH Summit, offering a series of expert-led sessions and networking opportunities. Scheduled for June 4 – 5 at the Hilton Tallinn Park, Estonia, the event is hosted yearly in a Baltic capital and gathers professionals from the iGaming, blockchain, fintech, and artificial intelligence communities. This

Nebraska Lottery players will soon have a chance to vie for bigger prizes as the state joins the Lotto America game, a multi-state lottery venture spanning across 13 states in the United States. Commencing May 19, Nebraska players can purchase tickets for Lotto America, a $1 lottery game boasting a rolling jackpot that kicks off

The Paskenta Band of Nomlaki Indians, in collaboration with the California Energy Commission (CEC), held a groundbreaking ceremony for a new solar and storage microgrid project at the Rolling Hills Casino & Resort. The endeavor is funded by a $32 million grant from the CEC. Tribal Chairman Andrew “Dru” Alejandre said: “We are grateful to

The Senate of Puerto Rico approved the new regulation for the licensing and control of slot route machines, which had been presented on March 1 by the Gaming Commission. The High Body approved this week the new Regulation for the Issuance, Management, and Control of Licenses for Slot Route Gaming Machines, thus complying with the

The chair of the New York State Gaming Commission, Brian O’Dwyer, has voiced his support for a nationwide ban on college player proposition bets, aligning with the stance of NCAA President Charlie Baker. In a letter dated April 15 addressed to Baker, O’Dwyer endorsed his call for such a ban in all states where sports

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Plans for a $12 billion casino development in Hudson Yards have drawn criticism from civic leaders who argue that the project sacrifices promised housing for a lavish gaming complex. Manhattan’s Community Board 4 (MCB4) has issued a stern letter to Related Companies/Wynn Resorts, alleging that the developer has failed to uphold a 2009 commitment to

The Eastern European Gaming Summit (EEGS) has announced betting software provider Altenar as a General Sponsor for this year’s event edition. For another consecutive year, the provider has joined the event as a major sponsor of the event, set to be held on November 27 – 28th at the Inter Expo Center in Sofia, Bulgaria. “This enduring long-standing partnership

iGaming solutions supplier EGT Digital has announced its debut participation at the SIGMA Americas 2024, which will be held in Sao Paulo on the 24th and 25th of April. Visitors to the exhibition will have the opportunity to explore EGT Digital’s range of iGaming solutions at stand B110. EGT Digital will present jackpot bestsellers Bell

William Hill owner 888 Holdings reported revenues are “slightly ahead” of expectations for the three-month period ended March 31. The gambling firm, soon to be renamed Evoke, announced revenues of £431 million ($534.9 million) for the quarter. While in the year-over-year comparison revenue fell due to a slowdown at its betting shops, the company still did better

The Alcohol and Gaming Commission of Ontario (AGCO) has directed all Ontario-registered sportsbook operators to stop offering and accepting wagers on World Boxing Association (WBA) events, effective immediately. As per the regulator, this measure is being taken to protect the Ontario betting public following concerns that WBA-sanctioned boxing matches are not adequately being safeguarded against

Coljuegos, the regulatory body overseeing gaming activities in Colombia, has extended the deadline for operators to implement actions to promote responsible gaming, providing them with more time until August 1, as outlined in Resolution 7624 of 2024. The objective of this extension, according to Coljuegos President Marco Emilio Hincapié, is to incentivize operators to develop

From March 10 – 15, the 4th edition of Regulating the Game conference took place in Sydney. Described as a 5-day immersive program that focuses on leading-edge research, regulatory policy and practice, and ethical leadership in the gambling sector, the conference garnered a lot of support across the industry with lots of stakeholders traveling internationally