Thailand is moving closer to legalizing casino resorts, as Deputy Finance Minister Julapun Amornvivat pushes for a comprehensive plan to establish entertainment complexes in the country. The finance minister has called on the customs, revenues, and excise departments to devise a tax-collection system for the proposed industry, with a plan expected to be ready by
Month: October 2024
Light & Wonder is working on a revamped version of its popular Dragon Train game after a U.S. District Court ruled in favor of Aristocrat Technologies in an intellectual property dispute. The court’s injunction prevents Light & Wonder from manufacturing and selling the current version of Dragon Train due to alleged violations of Aristocrat’s intellectual
The Michigan Gaming Control Board (MGCB) has ordered Israel-based Papaya Gaming to cease operations in the state, accusing the company of running illegal gambling activities through its mobile gaming apps. The MGCB issued the cease-and-desist order on Thursday, giving Papaya 14 days to comply or face legal action. Papaya Gaming, which offers games like 21
Oct 05, 2024 4 min read Few would argue that Phil Hellmuth is the G.O.A.T. of the World Series of Poker (WSOP). But Bryn Kenney doesn’t think the “Poker Brat” is that great overall as a poker player. Kenney, who holds the record for live tournament cashes at $67 million, according to The Hendon Mob,
Back in June of this year we published a video with details on a federal sports betting bill being proposed here in America. The Supporting Affordability and Fairness with Every Bet Act, or as it has become know The SAFE Bet Act, is now getting some less than enthusiastic reactions from the likes of the
The UK Gambling Commission (UKGC) has appointed two new experts, Dr. Virve Marionneau and Dr. Spencer Murch, to its Advisory Board for Safer Gambling (ABSG). This move is aimed at enhancing the board’s expertise in gambling harm prevention, especially as the gambling industry continues to evolve with new technologies and international regulatory challenges. The ABSG,
La Française des Jeux (FDJ), a key player in the European lottery and sports betting industry, has announced the successful acquisition of Kindred Group, a notable operator in the online betting and gaming market. This significant transaction marks a milestone in FDJ’s expansion strategy, further solidifying its presence in the competitive European gaming landscape. Substantial shareholder participation
The Innovation Group, organizers of the Emerging Leaders of Gaming (ELG) program, and Global Gaming Business magazine (GGB) have announced the honorees of the Emerging Leaders of Gaming 40 Under 40, a program that recognizes professionals under the age of 40 making significant impacts in the casino gaming industry. A Selection Committee comprised of gaming
Date Time (EST) Tournament Buy-In Sunday 6 Oct 2024 18:00 Maverick PLO Opening GC 800,000 Freeroll [6-Max, Turbo] 0 Monday 7 Oct 2024 19:30 Maverick O 1-L PLO GC 2,000,000 Guaranteed [2x-Chance, 8-Max] 11,000 Monday 7 Oct 2024 20:30 Maverick O 1-M PLO GC 4,000,000 Guaranteed [2x-Chance, 8-Max] 22,000 Monday 7 Oct 2024 21:30 Maverick
Ten years ago, sports leagues hated gambling. Five years ago, leagues embraced gambling Now, DraftKings and FanDuel are being sued by one of the leagues players union. Strange days indeed, as John Lennon once wrote. So what’s the issue? As is the case so many times it all boils down to money. Not so peculiar,
The Swedish gambling regulator Spelinspektionen has announced that the country’s channelization rate for the online gambling market has reached 86% for 2023, reflecting an improvement over the 77% recorded the previous year. This figure exceeds the forecasts made by several operators, including Aktiebolaget Trav och Galopp (ATG), which had predicted the rate would fall between
View image in fullscreen Denise Coates’ charity may have saved Bet365 more in tax than it has given to good causes Exclusive: Guardian analysis suggests foundation has reduced gambling group’s tax bill by as much as £140m A charity set up by the billionaire boss of Bet365, Denise Coates, may have saved her online gambling
In a significant development, the Native Village of Eklutna is preparing the groundwork for a groundbreaking gaming facility, marking a historic first outside of Southeast Alaska. This prospective 50,000-square-foot gaming hall is poised to reshape local entertainment and economic landscapes, contingent upon securing the necessary federal green light. Project genesis and approvals: The initiative, spearheaded by the
The Ute Mountain Ute Tribe has joined a lawsuit against the state of Colorado, challenging restrictions that have prevented them from engaging in online sports betting. The tribe was added to an amended complaint filed with the U.S. District Court for the District of Colorado on Thursday. The lawsuit was originally filed in July by
Oct 03, 2024 3 min read A poker player has entered a guilty plea in connection to basketball player Jontay Porter’s lifetime ban from the NBA for betting on games. Long Phi Pham (“Bruce”), who claims to be a poker pro, was arrested at JFK airport and charged with wire fraud conspiracy, a federal crime,
We’ve been following the renovations at the Rio Las Vegas for quite a while. And now, the property has announced that the initial phase of the upgrades has been completed. This is an ongoing project which began back in 2023, and may take another year or two for completion. In fact, we visited the resort
In response to new federal betting regulations, the Brazilian government implemented significant changes in September with the introduction of Normative Ordinance No 1,475. This ordinance allowed only operators who had already applied for a federal betting license and were actively operating to continue doing so until the official launch of the regulated market on January
View image in fullscreen ‘A target on their back’: college athletes face wave of abuse amid gambling boom Some states are moving to ban ‘proposition bets’, a type of side wager, but big firms are lobbying against it College athletes are facing “significant abuse” amid a surge in harassment unleashed by America’s gambling boom, according
Relax Gaming, a pioneering iGaming aggregator and content supplier has marked a significant milestone in its North American expansion by forging a strategic partnership with PointsBet, a premier operator in Canada. This collaboration is set to enhance Relax Gaming’s robust presence in the Ontario market, where it has been active since April 2022. Strategic integration of premium content:
The Virginia Lottery has announced that the state’s sports betting handle reached $416.7 million in August, reflecting a 30.6% year-over-year increase. This marks a notable growth for the Old Dominion, which has now crossed $1.75 billion in gross operator sports betting revenue and $200 million in state tax revenue since the post-PASPA era began. Sportsbook