Italy is set to finalize its revamped framework for online gambling concessions as it undergoes the phase of legislative review. The European Commission (EC) has initiated an open consultation on the proposed technical rules of Italy’s new gambling licensing regime, the final legislative procedure. As part of its obligations as a European Union member state,
Genting Singapore has reported a 29% year-on-year increase in earnings for the first half of FY2024, reaching S$357 million ($263 million), driven by strong growth in both gaming and non-gaming segments. The company posted revenue of S$1.35 billion ($1 billion) for the six months ended June, marking a 25% increase compared to the same period
Fanatics Betting and Gaming has launched its sportsbook product in Louisiana. The Fanatics Sportsbook is now available in twenty-two states and approximately 95% of the addressable online sports bettor market in the US, the company noted. The company went live through a partnership with Boomtown Casino and Hotel, with its sportsbook now available for download
Online gaming marketing services provider Gambling.com Group has reported an 18% revenue increase to a record $30.5 million for the second quarter of the year. Net income during the three-month period rose to $6.6 million, while Adjusted EBITDA increased 19% to $11.2 million. The company also raised its guidance for full-year revenue and Adjusted EBITDA. Charles
Aug 16, 2024 2 min read A one-outer on the river, perhaps for the first time ever, killed a bad beat jackpot from being set off at The Lodge Card Club near Austin, Texas. Yes, you read that right. The pot-limit Omaha bad beat jackpot at the card room co-owned by Doug Polk, Andrew Neeme,
Foxwoods Resort Casino has reported $31.2 million in slot revenue for the month of July. This figure has resulted in an $8 million direct payment to the State of Connecticut in accordance with the Mashantucket Pequot Tribal Nation’s revenue contribution agreement. Since 1993, the Mashantucket Pequot Tribal Nation has directly deposited over $4.6 billion of
The Cosmopolitan of Las Vegas The Boulevard Experience, a multiple-day watch party atop the Boulevard Pool during the Formula 1 Heineken Silver Las Vegas Grand Prix 2024, set to be held November 21-23. New for this year’s race, the three-day experience will be held at The Cosmopolitan’s transformed Boulevard Pool, highlighted by a closed-circuit viewing
Four more companies have submitted their application to the Ministry of Finance’s Betting Management System (SIGAP) to operate sports betting and online gaming in Brazil. They are Betfair, 7games.bet, Novibet and HiperBet (belonging to HiperCap). With them, there are now 17 bookmakers that have applied for a federal license. In addition to the companies mentioned above, Betano, Superbet, Rei
Aug 16, 2024 12 min read Get ready for one of the poker events of the year: the 2024 PokerStars European Poker Tour (EPT) Barcelona! This iconic festival will take place at Casino Barcelona from August 26 to September 8, 2024 and offers an incredible mix of poker, top-notch entertainment, and the chance to experience
In a testament to the resilience and growing appeal of the U.S. commercial gaming industry, nationwide revenue surged to an unprecedented $17.63 billion in the second quarter of 2024. This impressive figure, reported by the American Gaming Association (AGA) in its latest Commercial Gaming Revenue Tracker, marks the 14th consecutive quarter of annual revenue growth.
Singapore’s legal system took a decisive step by formally charging two former bank relationship managers, marking a significant development in the country’s largest-ever money-laundering scandal. This action represents the first time Singapore has criminally charged finance professionals in connection with the S$3 billion (US$2.3 billion) case. Charges and allegations unveiled: The charges, which were articulated in a local
The U.S. commercial gaming sector has hit a new milestone with its revenues reaching $17.63 billion in the second quarter of 2024, as reported by the American Gaming Association’s (AGA) Commercial Gaming Revenue Tracker. This performance represents the 14th consecutive quarter of year-over-year growth and sets a new high for Q2 earnings historically. Diverse growth across gaming
The University of Notre Dame, Indiana, has announced a suspension of its men’s swimming program for at least one academic year following an investigation that revealed violations of NCAA gambling regulations. This decision comes after an external review confirmed reports of misconduct within the team, indicating a breach of the expected conduct standards for student-athletes. Investigation and
The Nevada Gaming Control Board has filed a disciplinary complaint against Resorts World Las Vegas, alleging that the casino engaged in significant regulatory breaches. The complaint, submitted Thursday, accuses the casino of having allowed individuals with connections to illegal bookmaking, histories of gambling-related felony convictions, and ties to organized crime to gamble on its premises.
WarHorse Casino in Omaha has resumed operations after a brief closure caused by a cooling system malfunction. The casino, which first opened its doors on August 6, temporarily shut its doors on Thursday after its water-based cooling system was damaged during ongoing construction. WarHorse Gaming announced the reopening early Friday morning, stating that the issue
Play’n GO, a prominent player in online casino content, has recently introduced its latest online video slot, ‘Scourge of Rome’. This new title transports players back to 218 BC, dramatizing one of the most daring military maneuvers in history—Hannibal Barca’s legendary march across the Alps to challenge the Roman Empire. In ‘Scourge of Rome’, players
In Arkansas, a state known for its stringent gaming regulations, Saracen Casino Resort is making headlines with a proposal to expand online gaming. The Pine Bluff-based casino, under the leadership of Chief Marketing Officer Carlton Saffa, aims to introduce an online game reminiscent of a raffle. This game would funnel a portion of its revenue
Nevada’s gaming watchdog has lodged a formal complaint against Resorts World, accusing the establishment of fostering an environment conducive to money laundering linked to illicit bookmaking activities. This 31-page complaint, filed early Thursday, marks a significant escalation in the ongoing scrutiny of the casino’s operational practices. Regulatory backdrop and past penalties: The Nevada Gaming Control Board’s
The temporary Bally’s Chicago opened its new VIP Lounge for high rollers with a ribbon-cutting ceremony on Monday. Amenities include private space away from the Medinah Temple gambling floor, complimentary food, non-alcoholic beverages, comfortable seating, and televisions showing sports and entertainment programming. The new space is located on the third level and opens daily for
Two of Arkansas’s three casinos are fighting over a proposal to expand online gaming, according to an Arkansas Democrat-Gazette report. The new gambling vertical would help funnel money to college athletes. Saracen Casino Resort in Pine Bluff aims to create an online game similar to a raffle that would send some money to collegiate athletic