DraftKings has released its financial results for the fourth quarter and full year 2024, showcasing significant revenue growth alongside increased operating losses. The company reported a total annual revenue of $4.8 billion, reflecting a 30.1% year-over-year increase. However, its net loss for the fourth quarter surged by over 200%, influenced by rising expenses and customer-friendly
As a global name in gaming solutions, SYNOT Group continues to expand its footprint in the industry, offering cutting-edge products and technology across multiple markets. At ICE Barcelona, the company showcased its latest gaming machines, online content, and system solutions, reaffirming its commitment to high-quality gaming. In this exclusive interview with Yogonet, Miroslav Valenta, Sales
Feb 15, 2025 2 min read While negative headlines often dominate the poker news cycle – such as Charlie Carrel calling out a scammer and SCOTUS lawyer Tom Goldstein getting in trouble for failing to pay poker taxes – it is important to remember that the game can be used for good. Perhaps the greatest
It was one of the biggest sports betting events of the year. However, Super Bowl betting this year fell dramatically in Las Vegas, with wagers totaling nearly $152 million. That was a noticeable decline from last year when players staked over $185 million on the big game. Somehow, sports books in Sin City were still
In a recent legislative session, the Hawaii State Legislature took a firm stance by indefinitely deferring a bill aimed at legalizing casino gambling within the state. This decision puts a pause on Senate Bill 893, which proposed the introduction of regulated casinos into Hawaii’s new Aloha Stadium Entertainment District and at the Hawaii Convention Center, a move that stirred public and political controversy.
The Ministry of Finance’s Prizes and Betting Secretariat (SPA) has granted 37 permanent betting licenses, expanding the country’s regulated gambling market. Published in the Official Gazette of the Union (DOU), these licenses will be valid until December 31, 2029, with each operator required to pay a R$30 million licensing fee. New Operators Join the Regulated
With SBC Summit Rio 2025 on the horizon, we caught up with Nelli Melik, CSO at Atlaslive, to talk about the company’s journey and what’s coming next. Over the past year, Atlaslive has secured key certifications in Brazil, rolled out new features, and earned industry recognition. In this exclusive chat, Nelli shares how the company
Feb 14, 2025 Guests: Charlie Carrel In the 878th episode of the PokerNews Podcast, which has been nominated for ‘Podcast of the Year’ at the Global Poker Awards, Chad Holloway, Kyna England, and Mike Holtz remember poker legend “Miami” John Cernuto, who recently passed away from cancer at the age of 81. PokerNews’ Calum Grant
Celebrate part of your Valentines Day with the Hearts Desire online slot! A 5 reel, 3 row game with high volatility from the good people at BetSoft! This 30 payline game features Stacked Mystery Symbols, along with a unique Free Spins round! There are also Wild Symbols, two types of heart-shaped Scatter Symbols, and a
With a longstanding reputation for providing players with top-notch gaming experiences, NetBet Italy continues to innovate by incorporating offerings from emerging developers. By integrating Nazionale Elettronica’s unique titles, which are rooted in the celebrated tradition of Italian game craftsmanship, NetBet is reinforcing its diverse gaming library. Nazionale Elettronica, based in Faenza, has rapidly gained recognition
In a significant regulatory action, the UK’s Gambling Commission has imposed a £95,450 fine on Merkur Slots UK. This penalty stems from the company’s failure to adhere to social responsibility obligations after it emerged that staff had inadequately protected a vulnerable customer who incurred substantial losses while battling lung cancer. Tragic loss and family reaction: Wendy Hughes, 64, experienced a harrowing loss of nearly £2,000 during
Google is set to enforce a significant update to its Gambling and Games Advertising Policy, with new rules taking effect on April 14, 2025. The revised guidelines provide stricter definitions of gambling-related content, introduce expanded country-specific restrictions, and reinforce certification requirements for advertisers promoting gambling services. Stricter Definitions of Gambling Content One of the most
View image in fullscreen UK slot machine operator fined over cancer patient’s activity Gambling regulator fines Merkur Slots almost £100,000 for failings at one of its ‘adult gaming centres’ A high street slot machine operator has been fined almost £100,000 by the gambling regulator after the Guardian revealed how staff allegedly exploited a vulnerable cancer
A New York Senate committee has unanimously approved a bill to expand the scope of legal sports betting in the state, allowing new types of proposition bets and wagers on major sports awards. The bill, Senate Bill 2616, sponsored by Senator Joseph Addabbo, would permit in-game and season-long prop bets, coin toss wagers, and
Feb 13, 2025 2 min read A federal judge ordered the release of Tom Goldstein from custody in Maryland after the prominent attorney was arrested this week for allegedly violating his bail. Goldstein was arrested Monday after investigators said they discovered undisclosed cryptocurrency wallets that sent and received millions in transactions this past week. Goldstein,
The world of online betting sites is vast, with countless platforms vying for attention. Some focus on flashy promotions, while others prioritize a seamless and value-driven experience. If you’re a sharp bettor looking for a platform that delivers competitive odds, advanced features, and a modern interface, bet105 sportsbook stands out as an exceptional choice. Designed
Digital assets are changing the face of the casino gaming industry and providing new opportunities for players, developers, and operators. The implementation of digital assets like cryptocurrencies and NFTs is transforming online casino gaming and its own set of advantages and disadvantages. As digital assets become more popular, compliance with the regulations is of great
The Indian government is considering the introduction of a central law to regulate online betting, gambling, gaming, and lotteries. According to sources, the Union Ministry of Home Affairs (MHA) recently discussed the matter in a high-level meeting attended by officials from various agencies, including the Intelligence Bureau. Government’s Focus on New Regulations The Indian Cyber Crime
View image in fullscreen Everton FC sponsor Stake.com to give up gambling licence in Great Britain Move follows Gambling Commission review of online casino’s practices, including promotion fronted by porn actor Stake.com, the online casino that sponsors Everton Football Club, is to give up its licence to operate in Great Britain, amid a regulatory review
New York’s online sports betting market reached historic highs in January 2025, setting new records for both total handle and gross gaming revenue, as operators continued to capitalize on strong demand. According to data from the New York State Gaming Commission, total handle—the amount wagered by bettors—hit $2.48 billion, breaking the previous record of
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