MGM Resorts International, a global leader in gaming and entertainment, has partnered with Grupo Globo, Latin America’s largest media conglomerate, to establish a new venture aimed at securing a sports betting and iGaming license in Brazil. This strategic alliance, if approved, is poised to launch operations under the BetMGM brand in early 2025, marking a
Casino News
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
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
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
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
D.C. Attorney General Brian Schwalb is intensifying scrutiny on Intralot, the Greek company behind Washington, D.C.’s sports betting operations, by demanding key documents as part of a broader investigation into the management of the city’s sports betting contract. This inquiry emerges as the contract approaches its expiration, amidst allegations that the company has not fulfilled
Combined gross gaming revenues (GGR) for licensed casinos in the Philippines saw a 4.3% year-over-year decrease to Php49.48 billion (US$864 million). This slight decline was followed closely by first quarter GGR of Php49.68 billion (US$867 million). Despite the downward trend in traditional casino revenues, the overall gaming industry in the Philippines experienced robust growth, thanks to
Bragg Gaming Group Inc. has announced an impressive record revenue of EUR 24.9 million for the second quarter of 2024, underscoring its robust performance across multiple iGaming markets and product verticals. This milestone represents a marginal increase from the previous year, indicative of the company’s sustained growth and strategic expansions. The quarter saw Bragg not
Set to commence next week, the Australasian Gaming Expo (AGE) 2024 promises to be a pivotal event for gaming professionals in Australia and New Zealand. Scheduled from August 13-15 at the ICC Sydney, this premier expo will cover 19,000 square meters and feature an array of exhibitors who showcase the latest in gaming technology, hospitality, and
In June 2024, Denmark experienced a remarkable 37.0% increase in gambling revenue, reaching DKK703m (£81.1m/€94.2m/$103.0m). This substantial growth is attributed to a significant rise in sports betting activities, coinciding with the excitement surrounding Euro 2024. The total revenue, as reported by the Danish regulator Spillemyndigheden, includes contributions from sports betting, online casinos, land-based casinos, and physical slot machines. Sports betting takes
The ambitious plan to transform the Nassau Coliseum in New York State into a $6 billion Las Vegas Sands casino and resort complex has taken a significant step forward. After a crucial vote on Monday, tensions that had been building within the Nassau County legislative chambers were momentarily resolved. Lawmakers voted to transfer the 72-acre property
Behind the spinning reels of slot games lies a complex mathematical framework that ensures fair play and dictates the outcomes of each game. This blog post will dive into the mathematical concepts that underpin slots, focusing on random number generators (RNG) and payout percentages. For those looking to explore various slot games, clashofslots.com provides reviews
Play’n GO, a renowned leader in casino entertainment, has officially entered the South African market through a strategic partnership with Betway, one of the region’s top betting brands. This new collaboration allows Betway South Africa to exclusively host a selection of Play’n GO’s most iconic games, such as Book of Dead, Reactoonz, and Rise of Olympus, bringing a fresh wave of
Rockford’s journey towards a vibrant entertainment future is reaching a milestone with the impending transition from the Rockford Casino: A Hard Rock Opening Act in northern Illinois to its permanent location at 7801 E. State Street. The temporary facility at 610 N. Bell School Road is scheduled to close its doors on August 12, 2024, at 5:00
Hacksaw Gaming, the well-known supplier of games for online casinos, has officially released its newest online slot game, Dragon’s Domain, inviting players to venture into a mythical world filled with treasures and mystical creatures. This new addition enriches Hacksaw Gaming’s extensive portfolio with a unique gameplay experience centered on a 6-reel, 5-row grid. Dragon’s Domain
Star Sydney’s ongoing regulatory challenges have taken a new turn, with the New South Wales Independent Casino Commission (NICC) deciding to extend the tenure of the casino’s special manager. This decision comes as the casino industry and regulatory bodies await the findings of a consequential second inquiry into the casino’s operations, which could potentially deem Star Sydney
Playson, the renowned digital entertainment supplier, has successfully obtained a Peruvian B2B gambling license, marking a significant step in its strategy to expand its global market presence. This achievement comes as part of the company’s ongoing efforts to meet the stringent criteria set by the Ministry of Foreign Trade and Tourism (MINCETUR) following the recent regulation
Games Global has entered a significant partnership with World Wrestling Entertainment (WWE), setting the stage for the development of unique, branded slot games influenced by the world-renowned sports entertainment franchise. This collaboration will span three years, during which Games Global is slated to launch three WWE-themed slot titles, starting with WWE Bonus Rumble: Gold Blitz in August. Bringing
Brooke van Velden, Minister of Internal Affairs, announced that the New Zealand government has adopted a comprehensive approach to regulating online casinos. The new system, set to launch in early 2026, focuses on minimizing harm, ensuring robust tax collection, and providing substantial consumer protections. “There will be a licensing system for online casinos, where operators
BetMGM, a joint venture between MGM Resorts and Entain, has recently announced that its financial losses for the year are expected to surpass earlier projections. This news comes as the company aggressively ramps up its marketing strategies to compete in a fiercely competitive sports betting market. Financial performance and market challenges: In a detailed financial update,
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