Industry

Slot machines have been existing since the 19th century. They work on chance entirely. There is little strategy involved and everybody has the same odds of winning. It’s you simply spin the wheel and pray to get a match symbol with various pay. Slots betting is an easy way to win a lot of cash
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Latin American game and platform developer Vibra Gaming has signed an agreement this week with Latamwin, a LatAm-oriented company specializing in services and technological developments for the online gaming and sports betting industry. Under the new agreement, Vibra Gaming’s portfolio will be available on all Latamwin’s casino platforms, such as PuntoBet, Casino Maverick, and Divergana,
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Underdog, a paid fantasy sports company based in New York, closed a Series B round of fundraising totaling $35 million. The round, which includes funds and accounts managed by BlackRock and Acies Investment, values the company at $485 million. Over the next year, Underdog plans to build “innovative” licensed sports betting products, and hire over
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Who better to track gambling in America than our friends at the American Gaming Association? And their statistics seem to indicate that we could be looking at record revenue numbers for 2022. It makes sense. After all, there are more states legalizing different forms of gambling than ever before. Not only is sports betting exploding,
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This week’s gambling news focuses on the Macau casino lockdown from the latest Coronavirus outbreak. Casinos there just reopened, but travel restrictions have already cost them millions, and will probably cost them billions, and is already costing Las Vegas gaming companies like MGM Resorts, Wynn Resorts, & Las Vegas Sands millions! [embedded content] When it
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Craig Sculos, a 30-year veteran of the casino industry with an executive leadership position at Bally’s two casinos in Rhode Island; and Bruce Parkes, IGT‘s Systems Engineer, were one of 21 honorees named by Providence Business News for its 2022 Leaders & Achievers Awards program. Sculos is currently Senior Vice President of Rhode Island Regulatory
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Macau casinos did reopen over the weekend, but there were no players beating down the doors. In fact, with the exception of those who work and live there, almost no one is visiting the city built for gambling. Travel restrictions from the Chinese government have the city on lock down. All of this comes from
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Swedish iGaming hosting solutions provider Internet Vikings announced it has officially launched its operations in the state of Iowa, continuing its expansion across the US.  The company now provides its services in a growing number of North America’s iGaming compliant regions, with data centers in West Virginia, Michigan, Colorado, New Jersey, Arizona, Illinois, Indiana, Maryland,
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The Macau High Roller online slot is a 5 reel game with10 paylines from our friends at iSoftBet! It offers the excitement of Macau with Bonus Spins and a Bonus Round, Scatter Symbols, and a High Roller Lounge where the wins can really add up! [embedded content] Take a trip to Asia’s biggest gambling mecca
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The transaction that saw Blackstone sell The Cosmopolitan of Las Vegas for $5.65 billion was the “most profitable single asset sale ever” for the company’s real estate business, Blackstone said in an earnings report Thursday. The high-priced transaction included a $1.625 billion lease-back deal for MGM Resorts International to acquire its operations in May. Though Blackstone did not disclose the profits from the
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Professor I. Nelson Rose, Gambling and the Law How do you know Macau casinos are in trouble economically? Well, if a major news source says there is a “silver lining” in being shut down that may be an indication. And that’s what the Asia Gaming Brief  did then they published an article titled “Macau Casino
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The Executive Director of the MLB Players Association, Tony Clark, has shown concern regarding the sport’s increased commercial deals with sports gambling companies. Before Tuesday’s All-Star Game, the executive was asked whether he was getting concerned with the gambling relationships, which have increased since the U.S. Supreme Court ruled in 2018 to overturn the Professional and
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