A newly established commission will evaluate the effectiveness of Atlantic City’s casino payment-in-lieu-of-taxes (PILOT) program, which allows casinos to pay an industry-wide assessment based on gross gaming revenue rather than traditional property taxes. The commission’s review will also examine the city’s financial stability, the impact of state oversight, and the long-term viability of the PILOT
Mohegan reported a significant rise in first-quarter revenue for fiscal 2025, driven by strong performance across its domestic and international resorts, as well as its digital gaming division. However, the company also posted a net loss of $85.9 million and flagged financial challenges related to its Korean operations. Mohegan’s net revenue for the quarter ended
New Zealand lawmakers are debating a proposed bill that would make TAB New Zealand the country’s sole operator for online racing and sports betting, a move supporters say will improve regulation and retain gambling revenue domestically but critics warn could stifle competition and drive bettors to offshore platforms. The proposed amendments to the Racing
Thailand is moving forward with its plans to legalize casinos in “entertainment complexes,” but stricter measures are now being considered in response to concerns over problem gambling. A revised draft of the bill, published Saturday, limits casinos to no more than 10% of the total venue size and introduces disclosure requirements for locals wishing to
Feb 17, 2025 14 min read Table Of Contents The schedule is out for the first ever World Series of Poker (WSOP) under GGPoker’s ownership, and it will feature a 56-year record for most live gold bracelet events. Poker players from all over the world will flock to Las Vegas from May 27 to compete
From January 20 to 22, Barcelona hosted ICE 2025, the first time the major gambling show was held in the Mediterranean city. Over the three days of the event, the main players in the industry gathered for a historic edition, which drew thousands of professionals to explore the latest technologies and innovations. Within the context
The 2025 Barcelona editions of ICE and iGB Affiliate have shattered attendance records, drawing a combined total of 59,101 unique visitors, organizer Clarion Gaming announced. This figure surpasses the previous high of 52,345 set in 2024, which marked the show’s last edition in its former home of London. ICE recorded 50,019 unique attendees, reflecting an 11%
Denmark’s gambling industry saw a 6.9% increase in Gross Gambling Revenue (GGR) in 2024, reaching DKK 7.27 billion ($1.02 billion), driven primarily by double-digit growth in the online casino sector, according to data released by the Danish Gambling Authority (Spillemyndigheden). The online casino segment remained the dominant force, accounting for 48.6% of total revenue.
The State Lottery of Rio de Janeiro (Loterj) has ordered an immediate suspension of all state-licensed betting operations outside the state’s borders, following a ruling by Brazil’s Supreme Federal Court (STF). The decision, issued by Justice André Mendonça, requires Loterj to enforce territorial restrictions on accredited operators, referred to as “Bets”, ensuring that wagering activity
Feb 17, 2025 3 min read Table Of Contents The Asian Poker Tour (APT) Manila Classic is over and once again the tour has broken several records. It seems the APT sets new records for attendances and prize pools at every stop, and Manila continued that impressive trend. By the time the last champion lifted
Former executives of Entain PLC, a major player in the global betting market, are embroiled in a legal battle against the company and its long-standing legal advisor from the UK, Addleshaw Goddard (AG). The dispute centers around alleged unauthorized disclosures of privileged information linked to a substantial legal settlement involving Entain’s operations. Legal battle amidst
Lottery and gaming solutions provider Skilrock Technologies has confirmed its participation in three Africa events — the BIG Africa Summit, Africa Gaming Expo, and SiGMA Africa. The shows, scheduled to take place over the next few weeks, will provide the company with “a prime opportunity to showcase its cutting-edge solutions and engage with industry leaders
President Donald Trump has nominated Kalshi Director Brian Quintenz to serve as the next chairman of the Commodity Futures Trading Commission (CFTC), a move that could have implications for the regulation of prediction markets and event-based trading. Quintenz, who previously served as a CFTC commissioner under Trump’s first administration, confirmed his nomination on X (formerly Twitter):
As Brazil’s betting and gaming market undergoes its most significant transformation yet, industry leaders, regulators, and stakeholders will gather at SBC Summit Rio to navigate the evolving landscape. In this article, the SBC team shares a list of the can’t-miss regulatory panels at the event. Taking place at Riocentro, Rio de Janeiro, from 25-27 February, SBC
Aristocrat Interactive has appointed industry veteran Nir Hakarmeli as Managing Director of its iGaming & Sports division. “This strategic hire underscores Aristocrat Interactive’s commitment to enhancing its digital offerings and expanding its presence in the global online gaming and sports betting markets,” the company said. Hakarmeli will lead the division’s growth, focusing on expanding the
Online casinos in New Jersey topped Atlantic City’s retail casinos in revenue for the second time in January. Despite finishing second, the city’s brick-and-mortar casinos still experienced growth compared to last year. Atlantic City casinos generated $210.1 million in revenue for January, marking a 2.6% increase from January 2024, according to the latest report from the
Alex Riddick, CEO of PIN-UP Traffic and Founder of Riddick’s Partners, has announced the Riddick Dubai Meetup, a private gathering for iGaming industry leaders set to take place on February 24, 2025. Interested attendees can visit this link to apply for the Riddick Dubai Meetup. The exclusive high-level gathering aims to welcome “only those two truly influence the
The all-new Flamingo GO Pool is ready to shake up the Las Vegas pool scene this summer, as renovation work wraps up and prepares for a grand re-opening this spring. The new multi-pool complex is set host high-energy parties with “rain curtain” waterfalls and a 30-seat swim-up bar! Spanning nearly 1.5 acres, the $20 million GO
The Henderson Planning Commission has approved an expansion plan for the Inspirada Station casino site, adding 14.1 acres to the project. The decision, reached in a unanimous 5-0 vote with two abstentions, allows Station Casinos to extend the gaming enterprise district at Via Inspirada and Bicentennial Parkway in the Seven Hills area. The additional land
The Philippine government, represented by the Presidential Anti-Organized Crime Commission (PAOCC), has set a formidable goal to completely eradicate illegal Philippine Offshore Gaming Operators (POGOs) by the close of this year. This initiative is part of a broader effort to cleanse the nation of unregulated gambling activities that pose significant social risks. During a media briefing at the Saturday News Forum