As the casino industry progresses and changes, new trends appear and the companies invest in different types of casinos. Currently, social casinos are at their peak, so it’s not surprising that SOFTSWISS, an industry giant, decided to invest in Ously Games GmbH. Social casinos – the future of iGaming: Ously Games GmbH, a renowned German
It was recently revealed that Newport World Resorts managed to reach the newest yearly high in terms of gross gaming income collected for the previous year, surpassing PHP34.2bln, which is roughly $600.38m. Additionally, when it comes to non-gaming income, it has also reached double-digits. Revenue data for Newport World Resorts for 2023: As for the
The Office of Lottery and Gaming (OLG) has officially announced the launch of FanDuel’s sports betting app and website as the exclusive provider of regulated sports betting in the District of Columbia. This move comes as part of FanDuel’s takeover of GambetDC, marking a significant development in the district’s gambling landscape. The brand’s entry into
iGaming software provider SOFTSWISS has acquired a significant stake in Ously Games GmbH, the company behind European social casino SpinArena.net. As part of the investment, SOFTSWISS will partner Ously Games to develop a new comprehensive software solution for social casinos, aligning with recent iGaming industry trends. Social casinos, a fast-developing trend in online entertainment, offer a
April 16, 2024 In the annals of scientific history, Sir Isaac Newton’s profound words echo with timeless significance: “What goes up, must come down.“ Today, a modern phenomenon emerges, riding the waves of Newtonian wisdom into the ever-changing online casino landscape: crash gambling. Last month, PokerNews shone a spotlight on Aviator, a cutting-edge crash game
April 16, 2024 The busy 2024 World Series of Poker Circuit (WSOPC) keeps on trucking, with the WSOPC Grand Victoria wrapping up in Elgin, Illinois. The event was hosted by the Grand Victoria Casino, an iconic Caesars-owned riverboat casino on the Fox River and awarded 19 rings across eleven days of poker. The most important
Recently, the Alabama-Coushatta Tribe of Texas revealed its intention to construct the latest casino on its tribal territories in Polk County. New chapter: Commenting on the plans, chairman of the Tribal Council, Ricky Sylestine, said: “We are incredibly excited to embark on this new chapter.” Relatedly, besides offering large economic welfare to residents and employees
Nolimit City, one of the leading slot providers in the whole iGaming industry, keeps releasing thrilling titles that keep the players on the edge of their seats during the whole gameplay. After its title, Tombstone, released in 2019, became a hit among players worldwide, the company released a new, upgraded version called Tombstone: No Mercy.
Virginia Gov. Glenn Youngkin filled three high-level position vacancies in state government on Friday, including the Virginia Lottery. The governor appointed Khalid Jones, an investment entrepreneur and securities litigator, to lead the Lottery, a semi-independent agency that generates revenue for public education in the state budget. Jones, who also has served as a consultant to
OKTO‘s country manager for Brazil, Leonardo Montenegro Chaves, discussed the payment solutions company’s platform in Brazil and highlighted, that it currently processes more than BRL 2.5 billion per month, an amount that exceeds $490 million. In an interview, the executive stated that “OKTO’s platform in Brazil is at the forefront of technology, processing more than BRL 2.5 billion
Inspired Entertainment reported record revenue of $323 million for the full year 2023, based on robust growth driven by its Interactive vertical. The figure is 15% higher compared to the previous year’s performance. The gaming content, technology, hardware, and services provider posted a full-year net income of $7.6 million, equating to $0.27 per share. Its adjusted EBITDA reached
The Danish gambling regulator, Spillemyndigheden, has issued three injunctions against the popular operator Mr Green, alleging breaches of Denmark’s stringent Money Laundering Act. Spillemyndigheden’s investigations into Mr Green’s operations in Denmark revealed deficiencies in three critical areas: inadequate risk assessments, flawed business processes, and a lack of documentation for essential checks. One of the primary concerns
iGaming platform provider Uplatform has announced a strategic partnership with slot games developer GameArt. “This collaboration marks a significant milestone bringing together the cutting-edge technologies of Uplatform and the unparalleled iGaming expertise of GameArt,” the supplier said in a press release. Uplatform is set to enhance the offerings of its Casino Aggregator, providing clients with access to
The Danish self-exclusion registry, known as ROFUS (Register of Self-Excluded Players), has hit a significant milestone with 50,000 individuals opting to exclude themselves from gambling activities, according to Spillemyndigheden, the Danish Gambling Authority. The increasing number of Danes choosing self-exclusion reflects a growing awareness of gambling addiction and the resources available for support, says the
Casino gaming provider Zitro exhibited its new product lineup at the 2024 Indian Gaming Tradeshow & Convention (IGA) held in Anaheim, California. Highlighting its products for the tribal gaming community, Zitro drew attendees to explore its latest lineup of new games designed for the U.S. market. The showcase featured a selection of recently launched games and mechanics from G2E Las
PrizePicks has extended its partnership as the official Daily Fantasy Sports (DFS) partner of the MLB’s Atlanta Braves for a fourth season. The new deal expands a longstanding relationship that dates back to 2020, with the two Atlanta-based partners set to continue working together for the 2024 season. “PrizePicks has been a valued partner for
As announced by the Massachusetts Gaming Commission’s Director of Sports Betting Bruce Band at a meeting Thursday, Bally Bet plans to launch its platform in the state by the end of June. “Our commitment is strong here,” Brett Calapp, Bally’s Chief Operating Officer, confirmed in the aforementioned reunion. “We’re really excited to be in the
Quixant’s participation at ICE London in February marked a high point of the year thus far for the company, not only because of the prestige of the expo – and the business opportunities that implies – but also due to the premiere of the new IQ 2 hardware platform at the show. For the first
April 16, 2024 After thirteen hours of play on the final day, a winner has emerged in Event #2: $400 Monster Stack at the World Series of Poker Circuit Montreal at Playground Poker Club. Anthony Comand was the last player standing and took home $49,735 along with his first WSOPC circuit ring. Immediately after the
April 16, 2024 Only seven of the 33 Micro Rollers ChampionChips Series’ numbered events have crowned their champions, but it is evident the low-stakes poker tournament festival will be a massive hit with 888poker‘s players. Six of the seven completed events smashed through their guarantees, while the $40,000 Opening Mystery Bounty High Roller missed out
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