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…
Author: OnlineGamblingDaily
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…
EveryMatrix’s affiliate marketing software PartnerMatrix announced Tuesday a new deal with Serbian sports betting and casino platform AdmiralBet. The companies have launched in tandem a “secure and modern” affiliate channel, allowing partners and affiliates to raise AdmiralBet’s awareness by showcasing its products to a broader audience and engaging relevant traffic. PartnerMatrix describes AdmiralBet as “famous for its rich and modern gaming platform,” gaining popularity in the Serbian market with its “cutting-edge” online sports betting offers. The brand also covers casino verticals while keeping clients active with bonuses and tournaments. Levon Nikoghosyan, CEO of PartnerMatrix, commented: “Thanks to this agreement, PartnerMatrix is…
Gaming technology provider Win Systems announced Thursday it has installed its WIGOS casino management system in the Gran Hotel Casino Extremadura of Grupo Orenes in Badajoz, Spain. This new installation consolidates Grupo Orenes’ commitment to WIGOS in their casinos in Spain and Mexico, as the tech company delivers “the most sophisticated WIGOS player tracking equipment in the Gran Hotel Casino Extremadura, in line with the strategy of Grupo Orenes to maximize the experience and loyalty of its customers.” Win Systems describes WIGOS as “a leader in casino management systems in cashless operations at a global level, as well as in casinos…
iGaming content provider Pragmatic Play announced Tuesday it has extended its reach in Argentina after taking its slots and virtual sports verticals live with bplay in Entre Rios province. The deal sees players of the brand gain access to the supplier’s slots portfolio of content, including titles such as Madame Destiny Megaways and Gates of Olympus. Pragmatic Play’s collection of virtual sports titles will also become available in the jurisdiction, providing greyhound, horse racing and football options. Victor Arias, Vice President of Latin American Operations at Pragmatic Play, said: “Entre Rios Province is an important area for us within Argentina, and…
What a week of gambling news! There were huge online poker thefts from players bank accounts from a vulnerability with a payment processor! Plus, someone just walked into Resorts World Las Vegas and robbed the high roller cash cage! Hello friends, and welcome to This Week in Gambling. We’re back after taking a week off to gorge ourselves on turkey, stuffing, and gravy… all in the name of giving thanks. And as we head toward the Christmas holiday, that most wonderful time of the year, this week’s big stories are about robbery and theft! Because, why wouldn’t they be? The…
While it’s great that more and more people can play poker over the web, the risk of online poker theft is still present. Even in a regulated industry, fraudsters will find ways of separating you from your cash. And such is the case for several players who have lost a lot of money via a scam using a popular payment processor. Today’s gambling news finds that poker players at the WSOP, BetMGM, and other popular websites who have used the services of Global Payments Gaming Solutions should check their bank statements immediately. It seems there is a vulnerability in the…
