Month: August 2024

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.
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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
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Sports and media company Pro League Network announced Thursday that KB Partners has invested in PLN, closing its seed funding round and bringing the total raise to $4.2 million.  KB Partners and Kucharz join previously announced investors Eberg Capital, Kevin Garnett & Big Ticket Sports, John Brenkus, Chris Groveand Ezra Kucharz to finalize the seed funding
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Italy’s newly proposed framework for online gambling concessions is now under the scrutiny of the European Commission (EC) as it enters the final stages of its legislative process. This marks a significant step in Italy’s ongoing efforts to regulate and modernize its online gambling industry. EC’s Review and Consultation Process As part of the European
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Galaxy Entertainment Group (GEG) has announced a substantial increase in gross gaming revenues, achieving HK$10.3 billion (US$1.32 billion) for the second quarter of 2024. This marks a significant 35.0% rise from the previous year and a 7.4% increase from the preceding quarter, heralding it as the largest quarter post-COVID. Key performance highlights: The strong performance in the second quarter
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What is Google Pay? Google Pay is like that trusty Swiss Army knife in your digital pocket. It’s not just for paying for your morning coffee or splitting the bill with your buddies; it’s a full-fledged digital wallet that lets you manage your money like a pro. You can link your bank accounts, credit cards,
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The “ambassador” of country music is headed to Sin City! This February you can catch Blake Shelton at Caesars Palace, as he is slated for six performances between the 5th and 15th next year. Tickets will go on sale for the public on the August 16th, but fans might be able to take advantage of
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The Ukrainian Commission for the Regulation of Gambling and Lotteries (KRAIL) continues its rigorous efforts to combat illegal gambling by blocking another five unlicensed websites. The sites—1xslot.com, Bet2casino.fun, Betmatch2win.com, Betwinner6.com, and Kasinos-vip.net—were found to be operating without the necessary licenses, violating Ukraine’s gambling laws. KRAIL mandated that these sites cease operations within three working days,
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On Friday, August 9, Coweta’s top city official expressed support for a new $100 million hotel and casino development positioned just beyond the city limits, despite substantial opposition from local residents. Julie Casteen, the City Manager, noted that the planned site for the Coweta Casino Hotel at the southeast corner of State Highway 51 and 131st Street in Oklahoma is
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Nebraska’s Legislature took a cautious step forward in the debate over online sports betting on Monday, as the General Affairs Committee advanced an amended version of Legislative Resolution 3CA. The resolution, which passed 5-3, would allow residents to vote on whether the Legislature should be granted the constitutional authority to decide the issue. However, the
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The new Las Vegas MLB Stadium may be in jeopardy due to concerns over investors and financing. Plus, we have an update on what’s being said about the Tropicana Las Vegas implosion date this fall. [embedded content] We know the Tropicana is coming down, we just don’t know when, exactly. Although, there are some pretty
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Belgium’s gambling market has shown remarkable resilience, with the Commission des Jeux de Hasard (CJH), the country’s gambling regulator, reporting a 16.7% increase in gross gaming revenue (GGR) for 2023. The total GGR for the year reached €1.7bn (£1.5bn/$1.9bn), a significant rise from €1.5bn in 2022, despite the Belgian government imposing tougher restrictions on the
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NagaCorp Ltd, a prominent casino operator listed in Hong Kong and operator of the NagaWorld casino resort in Phnom Penh, is grappling with financial uncertainties due to a significant revaluation of its stalled casino resort project in Primorye, near Vladivostok, Russia. The company has projected its first-half financial results will reflect these changes, showing either a
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