Author: OnlineGamblingDaily

The final stage of the Brazilian Series of Poker (BSOP) 2022 season shattered its own record with roughly $9 million distributed during 13 days at the WTC Sheraton, in São Paulo. The total entries in the 83 tournaments were 26.842, and the number of players was 3.872, meaning that, on average, every player disputed 6.93 tournaments. The event exceeded last year’s record when they amassed $7.8 million in the prize pool.  Deemed the biggest poker tournament in the Southern Hemisphere, the final stage of the 2022 season was a huge success for the Brazilian Series of Poker. The guaranteed prize…

Business intelligence provider VIXIO GamingCompliance announced Wednesday the winners of its Global Regulatory Awards (GRAs), hosting more than 350 guests at the De Vere Grand Connaught Rooms in London. The awards recognize and reward individuals and teams who work to set new standards in compliance and responsibility within the gambling industry.  Comedian Hugh Dennis was the night’s host and helped present the 20 categories, along with special guests. Highlights from the night include wins by Christine Gallo at GLI, David Webb from BetConstruct and Beth Jones at Genting Casinos, all of whom walked away with one of our special individual awards. …

WagerWire, a marketplace for buying and selling active sports bets, and venture-backed sports betting platform Wagr announced Thursday a partnership. Both companies, which boast “a social-centric ethos,” will collaborate “on building communities and providing differentiated and engaging user experiences.” Both companies closed new investment rounds in 2022. Wagr completed a $12 million Series A round with backing from the Kraft Group, owners of the New England Patriots and Revolution; and Harris Blitzer Sports & Entertainment, owners of the Philadelphia 76ers and New Jersey Devils, among others. For its part, WagerWire completed its seed round, backed by investors including Miami Marlins co-owner…

The Michigan Gaming Control Board is seeking to combat possible issues with minors and young-age online gambling, recommending parents intervene and educate on the matter in the “tween” years. This move is based on the fact that seven out of ten students, ages 14-19, will wager on poker and other games this year.  Henry Williams, executive director of the MGCB, is calling on parents to discuss responsible gaming with their children before they attend high school.  “National studies have shown young people gamble in betting pools, while on the basketball court sidelines and on video games or even try to…

Betting platform provider SB22 announced Wednesday the launch of K22, “a fully automated next-generation retail betting solution” that enables operators of all sizes to offer “a highly cost-effective and competitive” retail sportsbook. K22 is an expansion of the GLI-33-certified Fi22 platform and showcases the platform’s omni-channel technology by linking the digital and retail sports betting experience. “Building upon SB22’s mission to address the pervasive legacy tech problem and move the sports betting industry solidly into the 21st century, K22 revolutionizes the way sportsbooks operate by introducing industry-first TITO (ticket in-ticket out) functionality,” the company wrote in a press release.  This enables…

The Chilean Chamber of Deputies approved this Wednesday, on general terms, the bill that prohibits the advertising of online betting operators in sporting events and clubs of any discipline. The initiative was approved with 118 votes in favor, one against, and three abstentions, during the first procedure in the Legislative Branch. Now it must continue its debate in particular and, subsequently, it will pass to the Senate. The bill prohibits the execution of any type of act or contract between online betting platforms and sports organizations, whether professional, clubs, associations, foundations, federations, and others. The initiative establishes sanctions such as…

Now we know. , and now the American Gaming Association has the data. Even with expanded gambling across the country, illegal American betting has not slowed down. Right now, folks in the United States are placing half a trillion dollars a year with offshore online sites, unregulated gaming machines, and even the neighborhood bookie. This according to a new report from the American Gaming Association. That report making gambling headlines showed that unregulated American betting robs state governments of $13.3 billion in tax revenue annually, nearly $2.5 billion more than legal operators generated in 2021 ($11.7 billion). It also costs…

There are 12 days before the Executive Branch meets the deadline set forth in Law No. 13,756/2018 to regulate fixed odds or sports betting in Brazil. However, the issue still remains undefined and President Jair Bolsonaro does not answer the key question of whether he will meet the deadline established in paragraph 3 of Article 29. The paragraph states that “the Ministry of Finance shall regulate within a period of up to 2 (two) years, extendable for the same period, from the date of publication of this Law, the provisions of this article.” It is expected that the issue of…

In a recent report released by the Colombian gaming regulator, Coljuegos, the authorities assure that currently “there are 17 operators authorized by Coljuegos and, up to August 2022, there is a report of 7,004,174 user accounts.” “Internet-operated games have had positive growth in the last years. In fact, in 2020 they closed with bets close to 8 billion pesos ($1.6 billion) and, by 2021, 16 billion pesos ($3.3 billion); in 2022 so far, Internet bets are reported amounting to 21 billion pesos ($4.3 billion), and it is expected to reach 26 billion pesos ($5.4 billion) in a positive scenario for…

Pennsylvania’s Parx Casino Shippensburg announced Tuesday that the property will be opening its doors to the public in February 2023. The new date was publicly unveiled in a Facebook post. Originally, the 73,000-square-foot casino, which broke ground in February, was set to open its doors in November 2022, but had to push back its debut amid unforeseen construction delays and supply chain disruptions. Parx, the casino brand owned and operated by Greenwood Gaming & Entertainment, is spending $65 million to transform a former Lowe’s home improvement store into a gambling venue. Upon completion, the casino will include approximately 500 slot…

The 2022 FIFA World Cup is currently in progress, and the anticipation is at an all-time high. A number of important matches have already been played, and more will be available for wagering during the World Cup’s next round. There is a high betting possibility, because of the wide selection of dependable online betting sites that are available. These sites are trustworthy because they provide for a smooth experience while safeguarding your betting account. They also provide continuous betting. Some of those sites can be accessed at casinosnotonbetstop.com, where you can select the one that works best for you. While…

 November 30, 2022 The streak of billion dollar months for Nevada gaming revenue has now stretched all the way to twenty. Seriously, at this point is it even a surprise? Should we even be reporting this as gambling news? Don’t we all just expect Las Vegas and company to pile up another billion bucks each month? Nevertheless, here we are. The numbers are in for the month of October, and according to the Nevada Gaming Control Board, the state generated just short of $1.3 billion in revenue. The Vegas Strip is usually the biggest winner, and it was again. Casinos…

According to Barclays Plc analysts, a total of $35 billion will be wagered on the 2022 FIFA World Cup, showing a 65% increase on the previous edition after a surge in online gambling during the pandemic.  The jump in sports betting is expected to boost profits of Ladbrokes parent Entain, which Barclays says has more World Cup exposure than Paddy Power owner Flutter Entertainment, thanks to the former’s strong presence in both Europe and Latin America, reports Bloomberg. According to analysts including James Rowland Clarke, betting activity is being helped by matches being played at prime times for Europe during winter…

Fintech AXES.ai announced Tuesday it has made a $150,000 donation to the University of Nevada, Las Vegas (UNLV) to accelerate artificial intelligence research into responsible gaming. Brett Abarbanel, PhD., Director of Research at UNLV International Gaming Institute, said: “We are thrilled to have AXES.ai’s support in advancing our responsible gambling research into quantitative artificial intelligence applications.” “AXES.ai’s commitment to mitigating gambling harms aligns with our own goals of employing the most advanced methodologies to understand, predict and prevent the potential harm associated with gambling. We are grateful to AXES.ai for their dedication to responsible gambling and their contribution to UNLV research,”…

Sports betting and iGaming operator BetMGM announced Tuesday it has been named “Online Casino of the Year” at the 2022 edition of the American Gambling Awards.  The American Gambling Awards are produced by Gambling.com Group, a provider of player acquisition services for the regulated global online gambling industry. Matt Prevost, BetMGM’s Chief Revenue Officer, stated: “BetMGM is honored to be named Online Casino of the Year, and we’d like to thank Gambling.com for this incredible recognition.” “This award is reflective of our team’s hard work and dedication to setting a high iGaming standard. As North America’s leading iGaming operator, we…

Malta Week, the largest iGaming event in the world in 2022, was hosted by SiGMA Group last week. The event was successful thanks to more than 25,000 attendees, 1,000 sponsors and exhibitors, 400 speakers, 300 affiliates, 400 companies, and 100 influencers. These three days have been jam-packed with informative panels and keynotes, networking activities, and an ever-expanding industry-setting show floor. The Malta Week Conference SiGMA Conference has brought together policymakers, thought leaders, influencers, and C-Suite executives from the global gaming and affiliation space with our audience. In his keynote speech, Finance Minister Javier Fransisco Antonio Silvania stated that his presence…