Author: OnlineGamblingDaily

Caesars Entertainment has extended the period of exclusive talks for an $18 billion takeover proposal by billionaire Tilman Fertitta, Bloomberg News reports, citing people familiar with the discussions. Fertitta, the United States ambassador to Italy and San Marino and owner of Fertitta Entertainment, has offered $32 per share for the Las Vegas-based company and would assume more than $11 billion in Caesars’ debt. Shares of Caesars rose 2.1% to $27.80 following the report. The proposed financing package includes $2 billion to $3 billion in equity and $4 billion to $5 billion in new borrowing against the company’s assets, the report…

ReferOn has launched a built-in crypto finance layer that automates affiliate payouts through licensed payment partners, centralising all payout operations within its platform. The newly introduced system replaces traditionally fragmented and manual financial workflows with a unified infrastructure that provides program funding visibility, automated crypto payouts, and audit-ready transaction records. Crypto payouts are common in iGaming and affiliate operations, but often rely on manual execution and complex reconciliation processes. These challenges have historically increased operational risk and burdened affiliate managers with repetitive administrative tasks, the company noted. ReferOn’s solution introduces a centralized “single source of truth,” reducing errors and ambiguity…

1xBet shares an exclusive look into the dual life of UFC standout Carlos Prates, exploring how his “Nightmare” persona in the cage balances with a strategic approach to global branding and the pursuit of a long-term sporting legacy. Brazilian UFC fighter Carlos Prates is a man of two personas. In the cage, he is the “Nightmare”: four consecutive one-punch knockouts, an icy stare into the camera under a barrage of opponents’ attacks, and a reputation as one of the league’s most spectacular fighters. Outside the octagon, he’s a smiling, reflective man, thinking about legacy, family, and the next generation. As…

The United States commercial gaming industry reported a notable increase in its monthly performance for February, with US gambling revenue climbing 4.6 percent compared to the same period last year. According to the latest Commercial Gaming Revenue Tracker from the American Gaming Association, the industry generated total monthly revenue of 4 billion dollars. This growth was largely supported by the resilience of traditional land based casinos and a significant surge in the digital gaming sector. Traditional brick and mortar casino operations saw a 3.9 percent year over year increase in revenue. A key driver for this segment was the performance…

bet365 has officially launched its online sportsbook and casino in Michigan, marking its entry into its 17th U.S. state as the company continues its North American expansion. The expansion follows approval from the Michigan Gaming Control Board (MGCB), which has authorized bet365 as the new internet gaming and sports betting platform provider for the Little Traverse Bay Bands of Odawa Indians, which operates Odawa Casino. The move follows the recent exit of PokerStars from the Michigan market, with bet365 stepping in to assume platform operations. The company has completed all licensing and regulatory requirements set by the MGCB. “This approval…

Onlyplay has released a new slot title, 3 Rich Chickens, built on a farm setting and structured around a combination of respin mechanics, jackpot features, and variable bonus systems. The game operates on a 5×3 reel layout and incorporates a mathematical profile that includes a return to player rate of 96.00%, a hit frequency of 21.76%, and medium volatility. These parameters position the title to deliver a mix of regular returns and higher-value outcomes over time. A key part of the gameplay is a Coin Respin Bonus feature that activates when coin symbols fill designated pots labeled EXTRA, MULTI, and DOUBLE. Once…

A proposal by the U.S. derivatives regulator to expand prediction markets tied to sports outcomes is drawing sharp opposition from tribal leaders and some lawmakers, who warn it could undermine long-standing gaming compacts and redirect billions in revenue. Michael Selig, chairman of the U.S. Commodity Futures Trading Commission (CFTC), has signaled support for allowing federally regulated platforms to list contracts linked to sports results, describing such products as financial instruments rather than wagers. He provided congressional testimony on Wednesday, triggering concern from tribes. During the House Agriculture Committee hearing, Selig said prediction markets could “play a role in price discovery,”…

The Plaza Hotel & Casino in downtown Las Vegas announced Thursday that it will debut a new high-limit gaming room this summer, introducing an exclusive slot-focused space aimed at premium players. The new gaming area, located on the main casino floor, will feature approximately 60 state-of-the-art machines, including a selection of electronic table games. Designed as an intimate environment, the space is part of the Plaza’s broader effort to expand and diversify its gaming offerings. “The Plaza continues to diversify its offerings to meet the changing needs of our guests,” Plaza Hotel & Casino CEO Jonathan Jossel said. “Adding a…

The US commercial gaming industry reported a revenue increase for February, up 4.6% over the same month last year. However, sportsbook results showed a year-on-year decline, drawing concerns over the impact of prediction markets. Data from the American Gaming Association’s Commercial Gaming Revenue Tracker shows sportsbook revenue declined by around 6% year-on-year. The drop was attributed to a lower hold percentage following player-friendly outcomes, which reduced operator margins, but concerns loom over competitive pressure. While the U.S. gaming industry continued to grow in February, a divide is seemingly emerging. As iGaming surges and retail casinos aim to stabilize, sports betting is beginning…

ProntoPaga will participate in Money 20/20, taking place from April 21 to 23, 2026, in Bangkok, Thailand. With editions in Asia, Europe, and the United States, Money 20/20 brings together fintechs, banks, investors, and technology providers from different markets, establishing itself as a global meeting point for the financial ecosystem. Representing the company will be Sebastián Salazar, CEO & Founder of ProntoPaga, and Cindy Su Suhen Chow, Head of Sales Asia, who will attend the event and engage in discussions with companies interested in expanding their operations into Latin America through cross-border payment solutions. The show is set to bring…

Entain reported a 3% rise in group net gaming revenue (NGR) in the first quarter, in line with expectations, as strong online growth in the UK and Ireland and Australia helped offset softer sports margins. The company said total NGR growth was supported by an 8% increase in volumes. Online NGR rose 5%, driven by a 9% increase in iGaming that offset a 1% decline in its sports segment. Online performance in the UK and Ireland stood out, with NGR up 13% on continued market share gains. Australia also posted 13% growth, with both markets performing ahead of expectations. Overall…

Efforts to tighten advertising rules in Brazil’s betting sector risk undermining enforcement by making it harder for consumers to distinguish licensed operators from illegal ones, a senior industry executive said, as policymakers debate new restrictions. Hugo Baungartner, Chief Business Officer of Grupo Esportes Gaming Brasil, said proposed limits under Bill 3.563/2024 could have unintended consequences by reducing the visibility of authorized operators without curbing demand. “If we don’t have advertising, how are we going to separate the legal from the illegal? Without it, the bettor loses the reference point to identify who is legal,” he stated, as reported by BNL…

The Philippine Amusement and Gaming Corporation (PAGCOR) reported gross gaming revenue (GGR) of PHP396.14 billion ($6.6 billion) for 2025, marking a 6.39% increase from PHP372.33 billion ($6.2 billion) in 2024, as rapid growth in online and electronic gaming offset a decline in land-based casino revenues. Data from the regulator showed the electronic and online gaming segment generated PHP201.12 billion ($3.4 billion), up about 30% year-on-year from PHP154.66 billion ($2.6 billion), with the category covering e-games, e-bingo, bingo grantees, and both onsite and offsite poker operations. PAGCOR Chairman and CEO Alejandro Tengco said the segment had become the industry’s main growth…

A legal challenge filed in federal court has placed the operational model of Dave & Buster’s under significant scrutiny in South Carolina. The lawsuit, initiated by an advocacy group known as South Carolina Citizens for Equal Enforcement of Gambling Laws, alleges that the popular arcade and restaurant chain is conducting prohibited activities. The core of the legal argument suggests that the way customers interact with games at the establishment means the company is gambling under the definitions provided by state law. According to the complaint, the business model relies on customers loading money onto a digital Power Card to play…

Kalshi plans to roll out a parent access portal and AI-backed selfie verification in a move aimed at tightening identity checks on its prediction market, following reports of minors bypassing age rules. Speaking this week at the Semafor World Economy Summit in Washington, DC, co-founder and CEO Tarek Mansour outlined new account controls intended to give families more visibility into platform access. Mansour said the parent portal will allow individuals to submit identification even if they do not hold a Kalshi account. The feature is designed to let parents determine whether their name, date of birth, phone number, mailing address,…

Crypto gaming platform 1win has announced the addition of rapper Tyga to its VIP network, the latest development in its efforts to expand its high-tier user ecosystem. Confirmation of the move followed a period of speculation online, where the artist was seen boarding a branded 1win private jet and sharing related content. The company later verified the development through the 1win Owner’s official channels on X and Telegram, ending several days of discussion across social media. Sources familiar with the activation said the artist was received through a premium onboarding process, which included a private jet experience and a high-value…