On January 1, 2025, Brazil officially launched its fully regulated fixed-odds betting market, marking a new chapter for online gambling in the country. The move follows years of legislative and regulatory hurdles that began with the approval of betting legislation in 2018 under then-President Michel Temer. After substantial delays and revisions, the law was finalized
Month: January 2025
South Korea’s Paradise Co, a leader in the foreigner-only casino market, closed 2024 with an impressive 10.2% growth in casino revenue, reaching KRW818.8 billion (US$556 million). This marks a significant improvement over the KRW742.9 billion (US$507 million) recorded in 2023, reaffirming its stronghold in the gaming industry. Annual performance highlights: The year’s growth was primarily fueled by table games,
DraftKings and Fanatics Sportsbook have settled their high-profile legal battle over former DraftKings executive Michael Hermalyn’s move to the rival sportsbook. The confidential settlement, as reported by Reuters, finalized on December 22, brings an end to the litigation. The U.S. District Court for the District of Massachusetts dismissed the case with prejudice, meaning the issue
Jan 03, 2025 3 min read Table Of Contents While millions of people worldwide were celebrating the start of 2025, Andras “probirs” Nemeth was busy working his way to yet another major online poker tournament victory. Nemeth was one of 149 entrants in the $2,025 No-Limit Hold’em New Year Special, part of the PokerStars New
Despite speculation and rumors to the contrary, it appears that financing for the new Vegas baseball stadium is a done deal. Documents submitted to the Las Vegas Stadium Authority seem to confirm that the financing for the A’s ballpark on the former Tropicana site is fully secured, with the total costs rising from $1.5 billion
Online gambling is huge, competitive, and changing every day. Figuring out which casino is best for players could be compared to a needle and a haystack. To address this challenge, GamblingSites.com (GSC) has introduced a revolutionary new tool: the Jackpot Meter. This innovation employs artificial intelligence (AI) to generate thorough, easy to understand reviews of
Macau’s casino industry demonstrated significant recovery in 2024, with gross gaming revenue (GGR) reaching MOP226.78 billion (US$28.34 billion), a 23.9% increase from the previous year. This growth reflects the city’s ongoing rebound from the COVID-19 pandemic, aided by the reopening of international borders in early 2023. Despite a strong year overall, December posted a 2%
After six years of a process to legalize online sports betting, Brazil finally has, as of January 1, a national market for fixed odds betting. The country’s Ministry of Finance celebrated the achievement on its website, highlighting that “the companies that now make up the industry were selected after a rigorous authorization process, which ensured compliance
Jan 02, 2025 4 min read Table Of Contents The 2025 Grosvenor UK Poker Tour (GUKPT) explodes into action on January 8 when the first of 12 scheduled stops shuffles up and deals at the Grosvenor G Casino in Coventry. If the 2024 edition of GUKPT Coventry is anything to base judgment on, the 2025
MGM Resorts have officially opened the recently rebranded W Las Vegas, transitioning the iconic tower at Mandalay Bay from the Delano into part of the globally recognized W Hotels brand. Marriott Bonvoy members can now book stays, as well as earn and redeem points, at this latest vibrant destination. The introduction of W Las Vegas
As 2024 comes to a close, it’s time to reveal the standout performers in this year’s LCB Awards. After an exciting voting process, we proudly present the 10 finalists in each of the 8 categories for the prestigious LCB Awards 2024. Winners will be announced during a live stream on January 8, 2025. Additionally, 45
Brazil’s Ministry of Finance has released an official list of licensed operators for fixed-odds sports betting and online gaming, effective January 1, 2025. The Prizes and Betting Secretariat (SPA) outlined that the authorization process included 15 definitive licenses valid through 2029 and 66 provisional ones requiring compliance adjustments within a 30-day timeframe. The newly published
View image in fullscreen Consumers warned over offers of money to open betting accounts in their names UK specialists raise alarm over companies such as Moneyful promoting ‘easy money’ in exchange for personal details Consumers struggling to pay bills over the festive season have been urged not to sign up with companies that offer money
Jan 01, 2025 3 min read Table Of Contents If your goal for 2025 is to elevate your poker tournament results, mastering the Independent Chip Model (ICM) is essential. Understanding ICM can help you make smarter decisions at every stage of a tournament, maximizing your equity and minimizing costly mistakes. Stoyan Obreshkov and GTO Wizard
If you’re lurking about Sin City then you still have time to make to the New Year’s Eve Party at Sphere Las Vegas! They have programmed their exterior (the world’s largest LED screen) with a custom show to ring in 2025. This dazzling display will include a celebration of major cities around the world as