Signing Day Sports, Inc., known for its innovative app assisting high school athletes in recruitment, has announced a pivotal acquisition of 95-99% of Swifty Global, a key player in the sports and casino technologies arena. This move marks the beginning of a comprehensive growth strategy aimed at acquiring and building companies within the sports and casino
Casino News
Citigroup has adjusted its estimate for Macau’s gross gaming revenue (GGR) for September, reducing its forecast from MOP$18.25 billion to MOP$17.75 billion (US$2.21 billion). This change follows a significant 10% decline in GGR during the week from September 9 to 15. According to Citigroup analysts George Choi and Ryan Cheung, Macau’s GGR for the first 15 days of
AvatarUX, a leader in online slot innovation, has unveiled its latest creation, Sweet Gummy, a game that transports players into a vibrant candy shop brimming with playful jelly creatures and unique gameplay features. This new title introduces for the first time the innovative Wild Reel, designed to enhance the functionality of Wild symbols, promising an exhilarating gaming
Flutter Entertainment, a global leader in online sports betting and iGaming, has announced its agreement to acquire Snaitech S.p.A., one of Italy’s foremost omni-channel operators. The transaction, valued at an enterprise value of €2.3 billion, is set to reinforce Flutter’s strategic commitment to expanding its leadership across international markets. With the acquisition expected to close by the second
Casino operators in Cambodia are facing new regulations requiring them to register all gaming equipment by the end of this year or risk having it removed. This mandate is part of broader efforts by the Cambodian Commercial Gambling Management Commission (CGMC) to regulate and clean up the gaming industry. However, as these regulations remain in draft form, many questions persist
Bally’s Corporation has decided to step away from the ongoing casino project at the Nittany Mall, Pennsylvania, though the initiative is set to progress as originally planned, a recent news release confirmed. Bally’s strategic shift: After a partnership lasting three years with casino developer SC Gaming, Bally’s has opted to terminate its framework agreement. This move, according
Play’n GO, a leading provider of casino entertainment, has announced a significant partnership with prominent Kenyan online gaming operator Betika. This collaboration marks a major milestone in Play’n GO’s expansion across Africa, bringing its extensive portfolio of premium casino games to a new audience. As part of this strategic alliance, Play’n GO will integrate its
The United States has taken significant action against Cambodian tycoon Ly Yong Phat (Ly). imposing sanctions for his involvement in serious human rights abuses linked to illegal online gambling operations. The sanctions, which were applied under the Global Magnitsky Act, target Ly, his L.Y.P. Group Co., Ltd, and his property O-Smach Resort, accusing them of exploiting
Travellers International Hotel Group, led by Chairman Kevin Tan, is set to expand its operations with two major integrated resort projects outside of Manila. These developments, located in Boracay and Cebu, represent the company’s first ventures beyond the capital, marking a significant step in its growth strategy. During a keynote address at the IAG Academy
SOFTSWISS has recently upgraded its Game Aggregator platform by incorporating a jackpot feature into crash and live games, significantly enhancing the gaming experience. This innovation allows for broader participation in jackpot draws, including popular game categories within the SOFTSWISS framework. The integration of the Jackpot Aggregator with the Game Aggregator facilitates this enhancement, enabling clients to easily configure jackpot campaigns tailored to
Kiron Interactive, a frontrunner in the virtual sports and numbers games industry, has recently launched its Next-Gen Casino suite, an exciting development realized in partnership with the industry heavyweight, Light & Wonder. This collaboration marks the debut of two innovative titles, ROACH ROULETTE and CRAB ROULETTE, with promises of more intriguing games like PEGNUIN PLUNGE and sports-themed CRASH games, RODEO and ARM WRESTLING, soon to follow.
Wynn Las Vegas, a prominent Las Vegas casino and a subsidiary of Wynn Resorts Limited, has agreed to forfeit $130,131,645 to settle criminal allegations related to its financial operations. This settlement, announced on Friday, Sept 6, 2024, by the U.S. Attorney’s Office, Southern District of California, marks what is believed to be the largest forfeiture by a
A groundbreaking legislative proposal at the Ohio Statehouse sets the stage for legalizing internet casino gaming at a suggested tax rate of 15%. This initiative, comprising Senate Bill 312, aims to transform digital entertainment by legalizing various online casino games for Ohioans. Legislative insights: the push for legal online gambling: State Senator Niraj Antani (R-Miamisburg), the
In a notable shift towards transparency and regulatory engagement, ten leading sweepstakes operators have come together to establish the Social and Promotional Gaming Association (SPGA). Announced last Thursday, this new trade association aims to clarify the legality and establish the legitimacy of social sweepstakes games through better communication with regulators, policymakers, and the public. The
Wanna.com has unveiled its latest innovation in the sports gaming market: the Wanna Parlay app. This pioneering daily fantasy sports platform is designed to redefine the traditional paradigms of sports gaming by allowing players to engage in contests where they construct the most effective parlay to win significant cash rewards. The app rolls out new contests weekly and
Amid ongoing debates and shifting perspectives on gambling, Thailand’s newly formed government is making significant strides toward legalizing casino operations within a proposed mega entertainment complex. This initiative represents a crucial pivot in the nation’s approach to gambling, aimed at revitalizing its tourism sector and boosting economic growth. Endorsement through public consultation: In a recent development, Deputy Finance
The Australian government is poised to implement significant reforms targeting gambling advertisements, which will impact both television and online platforms. According to Sky News, these measures, which are still under Cabinet review, aim to mitigate the extensive exposure of the Australian public, especially children, to gambling content. Phased implementation and legislative focus: The proposed reforms are
Greentube, the digital gaming and entertainment division of NOVOMATIC, has reached a new milestone in its expansion across Europe with the introduction of online VLT games and sports betting on Loteriesport.lu, Luxembourg’s national lottery’s online platform. This development is powered by Greentube’s adaptable server-based gaming solution, Greentube Plurius, marking a significant phase in the integration of digital
In a significant rebound for the gaming industry, Macau’s casinos have reported an impressive increase in gross gaming revenues (GGR) for August. The Gaming Inspection and Coordination Bureau (DICJ) provided figures showing that revenues reached MOP$19.8 billion (US$2.47 billion), marking a year-on-year increase of 14.8% and a 6.2% rise compared to July’s figures. Nearing pre-pandemic levels: This recent surge
In a spectacular unveiling, PrizePicks, the premier daily fantasy sports operator in North America, launched its latest commercial campaign titled Run Your Game, timed perfectly for the football season. The campaign features a lineup of high-profile personalities including Joe Budden, Drew “Druski” Desbordes, Suga’ Sean O’Malley, Kyle Foregard, and Trent Attyah, who is popularly known as BookItWithTrent.
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