Author: OnlineGamblingDaily

From industry updates to market insights, we bring you daily coverage of casinos, sports betting, lotteries, and more. Perfect for enthusiasts and professionals, our website delivers reliable and timely information to keep you informed about the evolving world of gambling.

Arlington Heights trustees took a step forward last week in the process of allowing the Chicago Bears to proceed with their plans for a redevelopment of Arlington International Racecourse by approving a zoning change that would allow the operation of a sports betting facility in the area.  This facility is part of the Bears’ $5 billion proposal to create a new NFL stadium and a mixed-use commercial and residential district on the 326-acre Arlington Park site. Trustees also greenlit a “road map” agreement, intended to guide further negotiations around the area, for which the team signed a $197.2 million purchase…

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Caesars Entertainment announced Friday it has been recognized as one of the Best Employers for Veterans by Forbes and industry ranking provider Statista Inc. As stated in a press release, Caesars has a long-standing commitment to Diversity, Equity and Inclusion, including the company’s Business Impact Groups, one of which named SALUTE is dedicated to veteran team members. SALUTE provides a supportive community for active-duty and veteran military team members, their spouses and allies, describes Caesars. The group offers a community to share experiences and volunteer opportunities at veteran organizations across the country. With the help of this program, Caesars has…

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Organizers of the Balkans Entertainment & Gaming Expo (BEGE) announced Thursday the event is now fully booked, with more than 85 exhibiting companies from nearly 60 countries exhibiting in Sofia, November 23-24, at the Inter Expo Centre. The show is returning after a two-year hiatus due to the pandemic, and has “naturally sparked strong international interest,” according to Milena Tsankarska, brand ambassador of the exhibition. “Professionals from the industry will be able to see the latest innovations in this sector. It is also noteworthy that a large number of online companies are taking part in the exhibition, which is a…

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Online sports betting and casino platform BetOnline.ag has signed an agreement with Matchroom Pool to become an official partner of the nine-ball pool tournament 2022 Mosconi Cup, which is set to take place from November 30 to December 3 at Bally’s Las Vegas. The event will be broadcast live on Sky Sports, DAZN in the USA, Canada, Spain, and Italy, and worldwide sports networks. “BetOnline.ag will be offering a substantial range of odds for the Mosconi Cup as Team Europe and Team USA battle in Pool’s biggest rivalry,” the parties announced. The partnership will provide BetOnline with exposure across the 2022…

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Data and tech provider Genius Sports shared Thursday its financial results for the third quarter of the year. For the period ended September 30, the business reported revenues of $78.7 million, an increase of 28% year-over-year. The business also posted an Adjusted EBITDA of $7.7 million, a significant improvement compared to the $0.4 million loss in the same quarter last year, “driven by meaningful revenue growth, disciplined cost control, and overall revenue mix.” The Adjusted EBITDA margin increased to 9.7%. At the same time, the company provided a breakdown of the group’s revenue results and said that revenue from Betting Technology, Content,…

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MGM China has secured a loan of $750 million from its parent company through a subordinated revolving loan facility, a filing from the gaming operator to Hong Kong’s stock exchange shows. The operator of the MGM Cotai casino resort, which was recently ordered to shut down for three days with a total of 1,500 staff and guests ordered to stay inside after a dealer was found to be infected with COVID, has been racking up losses as strict Covid rules hammered visitor numbers to the gaming hub over the past two years. Last week, the company reported a widening third-quarter loss with…

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Even though there are well over 30 states with regulated wagers on sports, there is still room for expansion. Texas sports betting would be a huge boost for the industry, as the state has the second largest population in the country. Plus, Missouri is now considering the activity, and Maryland has already approved regulations… but not much else. Let’s start with Texas sports betting, as the market there could be the largest outside of California. Governor Greg Abbott now says he is open to expanding casino gambling there. That’s a major step, as in the past he has been “wholeheartedly”…

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According to what was published today in the province’s Official Gazette, the authorities of the Institute of Games and Casino of Mendoza (IPJyC for its initials in Spanish) extended for 60 days the opening of the Public Bidding No. 50603-0020-LPU22, for the contracting of “licenses for the organization, development, exploitation, betting and commercialization of the online gaming activity, in its different modalities, through electronic, computer, telematic or any other interactive means”. In the text published today and signed by the president of the IPJyC of Mendoza, Dr. Ida López, the opening date of the bidding is set for January 17,…

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Zitro’s online division, Zitro Digital, announced Thursday it is expanding its presence in virtual casinos via a new partnership with operator Codere Online in Spain. Through this new agreement, the company reaffirms its commitment to the Spanish gaming market and reinforces its mission to expand its footprint in regulated jurisdictions.  Following a successful integration, online players in the country can now access Zitro’s land-based games integrated into the online platform of Codere.es. Slot titles such as Link King, Link Me, and a library of video bingo games offer online players “exciting and immersive experiences,” according to Zitro. José Javier Martí, chief…

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Parimatch Tech’s representatives announced Thursday that the company will join the AWS panel at SiGMA Malta Week on November 17, to talk about the brand’s partnership with AWS – Amazon Web Services – “and the benefits that this cooperation brought to Parimatch and its clients.” Ahead of the date, the company, which develops the Parimatch brand and provides technology and marketing solutions for the entertainment industry, released an in-depth sneak peek at key topics of the upcoming presentation, as well as an update on Parimatch Tech’s current operations.  At the beginning of 2022, the company had been turning its primary focus…

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 November 12, 2022 As we approach the Thanksgiving holiday, we’re taking a look at the Turkey Revolt Extreme, a 5 reel, 4 row, 10 line online slot from High 5 Games! This time we find the Turkeys turning the tables on the other barn yard animals in the hope that they will become the Thanksgiving dinner instead! This game has Bonus Spins and a Bonus Round, along with Scatter Bucks and Stacked Wilds! Plus, the Turkey Revolt Extreme slot can travel with you on your mobile device! The gobblers are back and ready for their revenge! After centuries of being…

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The Argentine State Lottery Association (ALEA) and Gaming Laboratories International (GLI) have created a new scholarship program for Argentine regulators. The GLI/ALEA scholarship for students will benefit those who are interested in obtaining the Technician in Management and Administration of Games of Chance degree that is part of the Professionalization program of the association with the University of Salta in Argentina. The Technician in Management and Administration of Games of Chance, managed by ALEA and the Provincial University of Public Administration (UPAP) of Salta, is the first career in Latin America of university training for the games of chance sector…

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Sports betting and online casino platform provider Uplatform announced Thursday it will be exhibiting at SiGMA Malta Week, November 15-17, at stand G8 in the Malta Fairs and Convention Center. This will be the last event of what the company has described as “a busy year.” “Uplatform hopes to make the event a very memorable one for visitors,” the company wrote. Their stand will feature a buzz-wire game with valuable prizes. The goal will be to move a wire wand loop along a copper wire “maze” without touching it. When the loop meets the wire, it “BUZZes.” Anyone who plays this…

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MGM Resorts International announced Friday it will construct “one of the world’s most exclusive live sports-viewing experiences” for the Formula 1 Heineken Silver Las Vegas Grand Prix 2023, offering guests the opportunity to witness the race from grandstands built on the Bellagio lake. Access to these seats is currently only available as part of MGM Resorts’ race-and-stay packages, which allow Formula 1 fans “to stay just steps away from the action.” These are currently available at the MGM Rewards website. — MGM Resorts (@MGMResortsIntl) November 10, 2022 The packages include a three-day race ticket at either the Bellagio Grandstands or…

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Gaming products and services provider Light & Wonder has shared its results for the third quarter of the year. For the period ended September 30, the company delivered revenue growth of 20% year-over-year, amounting to $648 million. Growth was driven “by all lines of business,” with a double-digit revenue jump in Gaming and a year-over-year increase in social gaming with SciPlay, which reached a quarterly record, and “strong momentum” across iGaming. However, income from operations saw a sharp decrease, standing at $20 million, compared to $100 million in the prior year period. The company noted net income dropped as Q3…

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The UK Gambling Commission released Thursday its Young People and Gambling Report, an annual study that helps understand children’s and young people’s exposure to, and involvement in, all types of gambling. According to the report, almost one-third of children (31%) aged 11 to 16 spent money on any gambling activity in the twelve months prior to taking part in the survey. However, it should be noted that the most common types of gambling activities that young people spent their money on were legal and did not feature age-restricted products, namely: arcade gaming machines such as penny pusher or claw grab…

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