The Macau SAR Government reported significant growth when it came to gaming tax revenue generated in January 2024. The city earned MOP$7.34 billion, or US$911 million in January, which is 365% more than it had in January 2023.  The industry is recovering: As the Financial Services Bureau (DSF) reported back then, the tax revenue in
0 Comments
View image in fullscreen MPs seek assurances that new national lottery operator will increase donations Concerns also raised about Allwyn’s commitments to safer gambling and its ownership structure MPs have demanded assurances from the gambling regulator about the new national lottery operator, Allwyn, raising concerns about its commitments to safer gambling and donations to good
0 Comments
Yggdrasil, a globally recognized iGaming provider based in Malta, together with YG Masters’ program partner Bang Bang Games, has released the latest amazing title The Runemakers DoubleMax. And that’s not all! The boutique slots studio based in the UK has also recently entered the US-regulated market after partnering with BetMGM to launch the popular Hot
0 Comments
A leader of global iGaming and sports betting operations, DraftKings Inc, has reached an acquisition agreement with US-leading lottery operator Jackpocket for a total consideration of around $750 million. As reported, the agreement anticipates 55% of the consideration to be paid in cash, with the remaining 45% payable in DraftKing’s first-class common stock. According to
0 Comments
February 16, 2024 Guests: Jonathan Little On the latest episode of the PokerNews Podcast sponsored by PokerStars, Chad Holloway, Connor Richards, and Matt Hansen dive into the recently announced schedule for the 2024 World Series of Poker (WSOP). Hear about new events — including the new PokerNews $600 DeepStack Championship — along with what’s missing.
0 Comments
DraftKings announced that it has reached an agreement to acquire lottery app Jackpocket for a total consideration of approximately $750 million, in a deal the US sports betting giant expects will generate up to $340 million in additional revenue annually.   Under the terms of the merger agreement, Jackpocket stockholders will receive a total consideration
0 Comments
The Department of Finance and Administration (DFA) of Arkansas has sent cease and desist letters to two companies it believes are operating unlicensed sports betting. The companies, Underdog Sports Holding and SidePrize LLC dba PrizePicks, were operating as daily fantasy sports organizations.  The DFA said the two companies operate a type of fantasy football where consumers create a team
0 Comments
Erin Frostad, Team Member Communications & Involvement Manager for the Mohegan Sun resort, was named by Ragan as part of their Top Women in Communications Awards, Class of 2024. Frostad’s recognition for this awards program is alongside other honorees within the Dynamic Doers category. This specific category recognizes women known for their hands-on approach to accomplishing tasks,
0 Comments
The California Nations Indian Gaming Association (CNIGA) will be holding its 27th annual Western Indian Gaming Conference (WIGC) and trade show from February 20 through 22 at the Pechanga Resort Casino in Temecula, California. The Western Indian Gaming Conference and trade show has proven to be “one of the most informative conferences in Indian Country,” CNIGA
0 Comments
The Coalition for Fantasy Sports, a group representing the interest of Daily Fantasy Sports (DFS) operators, has announced its support for Illinois House Bill 5648, the Fantasy Sports Consumer Protection Act, aimed at providing a regulatory framework for DFS within the state. While Illinois legalized sports betting in 2019, the state did not pass a
0 Comments