Industry

Last Wednesday, Deputy Felipe Carreras’s project, which advances on the revision of PL 442/91, was announced in Brazil. The text presents some inaccuracies in relation to the modalities to be approved, and the form of exploitation of games of chance, but it authorizes the operation of casinos, bingo halls, sports betting, online gambling, and skill
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In 1946, Benjamin “Bugsy” Siegel and business partner Meyer Lansky famously opened the Flamingo Las Vegas Hotel intending to bring Hollywood glam to the desert. They created the first resort-style hotel on the Strip and forever changed Las Vegas. Flock to Flamingo Las Vegas as the “Forever Fabulous” resort at the heart of the Strip
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The Seminole Tribe’s request for a stay of a ruling invalidating sports betting in Florida was rejected Wednesday night. The tribal nation’s agreement with the state was thrown out by a federal district court judge in the District of Columbia on Monday, thus halting sports wagering operations and a planned gaming expansion. Judge Dabney L.
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Evolution on Wednesday announced that it has initiated an internal review after reports of allegations of irregularities from an anonymous third party. Chief Executive Officer Martin Carlesund said on a conference call with investors that the company contacted New Jersey regulators and initiated the review “to ensure that we can respond swiftly to any questions.” Bloomberg
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Check out our latest online slot review! This time for the Reel Desire Online Slot! It’s a 5 reel game with 1,024 paylines from Yggdrasil, featuring Bonus Spins, a Bonus Round, and both Wild and Scatter Symbols! The Reel Desire slot can travel with you on your mobile device! [embedded content] Embrace the 80s, the
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After a week of speculation, Florida sports betting has come to a halt following a decision from Federal Judge Friedrich in Washington, DC. Her ruling finds that the state compact with the Seminole Tribe is a violation of federal Indian gaming law. This decision effectively puts an end to sports betting in the state, as
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Aristocrat Leisure announced Thursday its financial results for the fiscal year 2021, running from 1 October 2020 to 30 September 2021, and reported an 81% growth in profits in a year-over-year comparison, reaching $628 million; and a 43% increase in EBITDA.  According to financial information published to the ASX, group revenue grew 14.4% year-on-year to
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A perfect storm of October events propelled online gambling in Michigan to nearly $500 million in wagers in a single month, falling just short of becoming the fifth state to reach that milestone. In addition, the state’s online casinos reached a new high, marking a historic month for the still-fledgling market, according to PlayMichigan, which
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Internal battles for control of Australian gaming giant Crown Resorts have now reignited, following a ruling by a royal commission last month which stated the company should keep its prized Melbourne, Victoria casino license. A new $6.2 billion takeover offer from private equity outfit Blackstone, Crown’s second-biggest shareholder with 9.99% of its shares, was revealed
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The gaming business has seen enormous transformation in the last several years; it was once an entirely separate sector. Everything has evolved and improved throughout time as a result of technological advancements. The online casino gambling industry has changed in synch with the global movement in society’s usage of technology. It’s possible to state that
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Pragmatic Play announced an agreement with LatAm operator JuegaEnLinea. Under the terms of the agreement, the content provider will offer the operator its portfolio of Virtual Sports and Live Casino.  Victor Arias, Vice President of Latin American Operations at Pragmatic Play, said: “Expanding our relationship with exciting partners is always extremely fulfilling as it is
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Revenue from commercial gambling in America reached a new quarterly high of nearly $14 billion for the third quarter of this year. According the American Gaming Association’s Commercial Gaming Revenue Tracker, the new record of $13.89 billion is the second consecutive quarter for a revenue record performance. With $38.67 billion in revenue through the first
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Following twelve intense days of play at the Rio, Germany’s Koray Aldemir wins the 2021 World Series of Poker. Overcoming the 6,650 participants from around the world, Aldemir won his first-ever Main Event victory on Wednesday night, boasting $8,000,000 in prize winnings and taking home the highly coveted Main Event bracelet, a 10k yellow and
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New Jersey online casinos and retail sports books set another record by handling north of $1.3 billion in wagers this October. Of course, such a volume resulted in record revenue, as well. “Five weekends in October meant an unusual amount of NFL and college football to bet on, and plenty of free time for gamblers
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Caesars Entertainment announced today that the WSOP moves to the Las Vegas Strip next year! The 53rd annual World Series of Poker will be held at their Bally’s and Paris Casinos from May 31st to July 19th, 2022. Additionally, actor and comedian Vince Vaughn has been named as the event’s official celebrity Master of Ceremonies.
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Experienced businessman Rahul Sood, former Microsoft Ventures executive and co-founder of crypto-based esports betting platform Unikrn, is returning to gaming with a new startup called Irreverent Labs. The Seattle-based company, which has already raised $5 million, is working on a new play-to-earn game utilizing cutting-edge technology. The project is being developed by a veteran gaming
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