There have been many changes in technology since we entered the Information Age over half a century ago. Among the most significant is cryptocurrency, which is now a trillion dollar industry, having made its way into the mainstream. As such, various industries have decided to incorporate crypto development into their business models. One such industry
Casino News
The U.S. Securities and Exchange Commission has charged Flutter Entertainment, the Dublin-based global gaming and sports betting company and the owner of the online poker site PokerStars, with a $4 million fine for the alleged violation of the US foreign bribery law committed through the circulation of payments to consultants based in Russia. Bribery allegations:
Nolimit City, the leading B2B online casino solution provider for worldwide operators, has released the slot game Blood & Shadow as the continuation of the supernatural-themed series which has become a virtual blockbuster. Supernatural-themed slot: The latest release tells a tale about dreadful witchcraft employed in the search for eternal youth using an abundance of
The Philippine casino sector continued growth in the fourth quarter of 2022 to generate almost PHP56.01 billion (US$1.02 billion) in gross gaming revenue (GGR) as of December 31. This level exceeds the third quarter’s figures by 13.5 % and represents a 96.2 percent higher revenue value than the one achieved over the same period last
Yggdrasil keeps surprising its fans. Its game Winterberries is already widely known and popular among the public, and now the creators have decided to give it a new sequel, named Winterberries 2. Amazing features and mechanics: This 6×3 video slot possesses 20 paylines. The theme of this slot is already known among loyal Yggdrasil fans
Gambling in Ohio is more popular than ever, judging by recent results. The revenue has been recorded in racinos and casinos in Ohio during January. Sports betting results aren’t included in this report, so the revenue is even higher than we know so far. The record is broken: Ohio’s Casino and Lottery Commissions announced that
Sportsbet, a corporate bookmaker, claims to have maintained the leading position in the Australian sports betting market over the year 2022. The company says that it reached a market share of 48 % despite the falling stake and revenue figures throughout the year. Revenue fell, and wagering increased: According to figures reported at the end
Bloomberry Resorts Corporation, a gaming, entertainment, tourism and hotel holding company based in Phillipines, has publicly announced a net profit of Php1.1 billion, which is approximately 20.0 million US dollars, in the three months until December 31, 2022, overturning a Php1.3 billion, which is approximately 23.6 million US dollars, loss in the year-earlier period, thanks
On Tuesday, February 28th, 2023 one of the sports betting industry’s leading providers of the next – generation gambling content as well as online gaming solutions, BETER, has now just recently extended their partnership agreement with the Fortuna Entertainment Group (FEG), which is presently the main omni – channel operator throughout the countries of Central
On February 28, Bragg Gaming Group, a content-driven iGaming technology supplier based in Toronto, Canada, signed a fruitful agreement with New Jersey-based Caesars Sportsbook and Casino. The agreement includes the official integration of Bragg’s latest content and Remote Game Server (RGS) on the Caesars Sportsbook and casino platform in New Jersey. Goals of the partnership:
On Friday, February 24, the Financial Action Task Force (FATF), an international money laundering watchdog with over 200 countries as members worldwide, reported that the Russian Federation has been banned from the organization over its invasion of Ukraine, while Gibraltar stays on its grey list. FATF’s statement: In this regard, in a statement from the
AvatarUX went above and beyond in its newest slot release LooneyPop. In this title, the company has introduced its new mechanics ZapReel. The main character is a famous Mad Professor that wants to revive scary monsters that haunt his dreams. He has two amazing mechanics to help him: ZapReel and PopWins. When the winning combinations
The popularity of sports betting in online gambling has grown in recent years due to a Supreme Court ruling that paved the way for individual states to legalize it. Even though over half of all states have legalized sports betting, it is still illegal in many regions of the country. From 2018 till now, around
Minnesota’s American Indian tribes will get exclusive sports gambling licenses, as Key Democrats announced on Tuesday. Sports betting will be allowed both at casinos that belong to tribes and on mobile devices. However, it will be prohibited at the state’s racetracks, which Republicans don’t approve of. Minnesota needs sports betting: Matt Klein, the Senate sponsor
Star Entertainment Group, one of Australia’s leading gambling and entertainment companies based in Brisbane, has publicly announced that it is collecting AUD$800 million, which is approximately 545 million US dollars, to pay back its debt and will suspend dividend payments. The debt arose as the company posted a record statutory net loss for the first
The Community of Madrid rejected the plans of the American casino operator Cordish Companies to construct the Live! Resorts Madrid entertainment complex in the Madrid municipality of Torres de la Alameda for the third time in seven years. Cordish Companies presented new plans to the Executive of Madrid for the €20m development in June but
A popular content provider to the iGaming industry, Bragg Gaming Group, is set to further expand its footprint in Switzerland after the latest agreement with Swiss Casinos that will make Bragg’s stunning library available to the Swiss operator’s online customers. Tailored content: Under the terms of the agreement, Bragg will arrange the delivery of selected
The gaming tax collected by the Macau SAR Government in 2022 fell to only 55.9% of the sum the authorities predicted would be collected, which is approximately MOP19.1 billion, aka US$2.37 billion. Macau’s lowest gaming gross revenue ever: This drop in revenue represents a 43.7% decrease from MOP$33.9 billion, which is roughly 4.20 million US
Prominent software developer and leading iGaming content provider, Pragmatic Play, announced that it has launched Wild Wild Riches Megaways™, the latest version of the player-favorite slot game upgraded by the powerful Megaways mechanics. Upgraded mechanics: The slot has got a highly dynamic setup with as many as six reels changing the size throughout the gameplay
On Wednesday, February 15th, 2023 the gaming data and platform provider, GRID, and the betting content as well as the gaming solutions offeror, BETER, are seeking to bring the BETER e-Sports collection more official data-driven solutions. About GRID GRID provides BETER with authentic data that feeds from the GRID platform in order to control BETER’s
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