Author: OnlineGamblingDaily

Sports betting and iGaming operator Codere Online has reported its financial results for the third quarter of the year. For the period ended September 30, total revenue was €28.9 million ($29.9 million), 51% above Q3 2021, while net gaming revenue was €30.6 million ($31.7 million), 54% above the same period last year. However, losses increased 73% quarter-on-quarter from €6.7 million ($6.9 million) to €11.6 million ($12 million) despite the revenue growth. The increased losses can be partly explained by a hike in marketing spend, with Codere spending €5 million ($5.2 million) more on marketing in Q3 than it did in…

Nebraska’s first casino has already contributed nearly $800,000 to a state property tax relief fund so far, according to a report from the Nebraska Racing and Gaming Commission. The figures correspond to the first five weeks of operation of WarHorse Casino in Lincoln, and include $597,854 during the month of October. All in all, the property has produced $1.1 million in tax revenue since it opened in late September. Officials with the WarHorse Casino expect that gaming revenues will steadily grow as they begin advertising and marketing the temporary facility at the Lincoln Race Course on the southwest edge of…

Maryland Lottery and Gaming Control Agency’s Director, John A. Martin, announced Thursday that the state will launch online sports wagering on November 23, the day before Thanksgiving. On Wednesday, Maryland’s Sports Wagering Application Review Commission (SWARC) approved 10 mobile sports betting licenses, with seven ready to launch. The Director said the launch time is still being determined. “We should have an update on that as we get further into this final issuance phase,” he said, as reported by The Baltimore Sun. “We will hope to announce a start time for Wednesday early next week.” Maryland’s SWARC approved 10 mobile sports betting…

The Pennsylvania Gaming Control Board has reported gaming revenue results for October. During the last month, the combined revenue general from all forms of gaming amounted to $450.2 million, an increase of 5.7% compared to last year’s October. The increase was driven by a record-setting performance of online casino gaming in the Keystone State. Sources of gaming revenue regulated by the PGCB include slot machines, table games, iGaming, sports wagering, fantasy contests and video gaming terminals (VGTs). Total tax revenue generated collectively through all forms of gaming in October was $183.7 million. As for gaming properties, Hollywood Casino at Penn…

Online gaming services and content provider Evolution announced Thursday the launch of its second New Jersey live casino studio, the company’s fifth serving the US iGaming market. The firm was “the first one” to launch live casino to players in New Jersey, Michigan, West Virginia and Connecticut, according to a statement. Evolution opened its first US casino studio in New Jersey back in August 2018. The new purpose-built studio launched on November 10, following approval from the New Jersey Division of Gaming Enforcement.  Operators will now have access to more of Evolution’s range of online live casino games for this market,…

iGaming industry provider Pragmatic Play announced Thursday it is partnering up with Technamin to grow its presence across a variety of international markets, taking its content live on its online platform.  Operator partners of Technamin will now gain access to an array of Pragmatic Play slots, including recent releases Muertos Megaways, Sword of Ares, and popular titles Wolf Gold and Gates of Olympus.  Armenia-based Technamin, which was founded in 2020, “provides cutting-edge products and a variety of services that take into account changing consumer demands and the industry landscape,” Pragmatic Play described the firm in a press release.  The supplier’s titles…

 November 19, 2022 International Game Technology, or IGT, has announced another Wheel of Fortune millionaire for their popular slots game back in the month of September. The lucky slots player was spinning the reels of the Wheel of Fortune Pink Diamond slot machine back on September 16 at the Foxwoods Resort Casino up in Mashantucket, Connecticut, when the win hit. That lucky player was able to take home over $1,200,000, and was the second Wheel of Fortune millionaire at the resort this year. Back in May, another player was able to pocket north of $1,660,000 while playing IGT’s Wheel of…

Sports technology company Sportradar has been named the Data Service Provider of the Year at the 2022 edition of Gambling.com Group’s American Gambling Awards. The global company is an official partner of numerous leagues and federations, including the NBA, NHL, MLB, NASCAR, UEFA, FIFA, ICC and ITF, covering more than 890,000 events each year across 92 sports. Sportradar handles up to 30 million odds changes per minute, covering 40 languages, with 99.9% proven accuracy. The company’s data offering “is of a unique breadth and depth, which is why it is the most popular live-odds service in the industry – supplying data…

Digital sports media group Better Collective has shared its third-quarter report. For the period ended September 30, the business delivered year-over-year revenue growth of 32%, amounting to €60 million ($62 million), with organic revenue growth of 23%. Out of the total revenue, about 45% came in during a busy September, reflecting the impact of seasonality in Q3. EBITDA before special items was at €15 million ($15.5 million), growing by 7% YOY, and with a margin of 24%. The company also had new depositing customers reach about 354,000, implying growth of 73% YOY. Financial targets are maintained despite “a larger estimated…

The Michigan Gaming Control Board announced Thursday the state’s commercial and tribal operators reported combined total gross receipts and gross sports betting receipts of $190.2 million for October, which shows an increase of 7.7% compared to September results of $176.5 million.  Internet gaming gross receipts for October set a Michigan record of $141 million. The previous internet monthly record of $132.4 million was set in April 2022. Internet gaming rose 9.5% compared to the previous month. Meanwhile, gross sports betting receipts were $49.2 million, showing a 2.9% increase in contrast with September’s $478 million.  Combined total adjusted internet gaming and…

The Virginia Lottery Board has unanimously approved Rivers Casino Portsmouth’s operator license. It is the second one issued in the state, as the first one was awarded in April to Bristol’s Hard Rock Hotel and Casino, which opened as a temporary property in July.  The $300 million project is slated to become fully operational by early 2023. The casino will have 1,448 slots, 57 table games, 24 poker tables, five restaurants/bars and banquet and event space.   Rivers Casino Portsmouth rendering (interior). Virginia Lottery Executive Director Kelly T. Gee said in a statement that the lottery’s gaming compliance department and legal…

France’s national lottery and gaming operator La Française des Jeux (FDJ) announced Friday it has signed an agreement to acquire the ZEturf group, which operates online horse-racing betting as well as online sports betting under the ZEbet brand.  Stéphane Pallez, Chairwoman and CEO of FDJ Group, spoke about this new deal and expressed her delight to have signed the agreement, as ZEturf group is “a key player in online horse-racing betting.” “With this transaction and the launch of our poker range, which together strengthen our growth prospects, FDJ is optimally positioned to become a major player in the French market…

International Game Technology (IGT) announced Thursday that its subsidiary IGT Canada Solutions has signed a five-year contract extension with Loto-Québec to deliver an enhanced version of its INTELLIGEN video lottery central system software and related components. The extension will run through September 2027.  Under the terms of the extension, IGT will upgrade Loto-Québec’s video lottery central system to the latest version of INTELLIGEN, which includes improved network diagnostics and data analytics. IGT will also be providing operational support for the INTELLIGEN system from their European Operational Center. In addition to the INTELLIGEN central system, IGT also provides Loto-Québec with VLTs…

As reported by local news, SJM Holdings’ Grand Lisboa Palace (GLP)’s president Paul Baker has stepped down from his post, after a four-year stint. His exit comes among recent high-profile exits from the city’s gaming operators amid the industry reshuffle and the lasting impact of the pandemic. For the time being, it remains unclear who is currently overseeing the operations of the resort. In a statement, SJM has said the resignation of Baker, who worked for 11 years for Caesar Entertainment Corporation, will have “no impact” on the company’s operation. The gaming operator further clarified that the resignations of some…

Native American-owned sportsbook provider and operator Native Sportsbook Solutions announced Wednesday it has selected Quarter4, an AI-powered sports betting data engagement platform, to propel its goal of delivering solutions for sportsbooks.  Co-founder of Native Sportsbook Solutions Thomas Gilanyi said in a press release that the company believes that engagement and retention “are key drivers for sportsbook success.” “The interaction between users and the betting opportunities need to be unique and curated to prompt action. Quarter4 delivers some of the most unique and automated content and data solutions for our platform,” he stated.  Quarter4 generates content and curated data via a…

Multi-Michelin-starred chef and television personality Gordon Ramsay has made his “flavorful mark” in Las Vegas with Caesars Entertainment for the sixth time. Ramsay’s Kitchen, a concept inspired by Chef Ramsay’s travels abroad, made its official debut at Harrah’s Las Vegas on Wednesday, Nov. 16. The new facility will be open daily from 11 a.m. to 11 p.m. in the former Oyster Bar space. .@GordonRamsay has made his flavorful mark in Las Vegas for the sixth time. #RamsaysKitchen, a concept inspired by Chef Ramsay’s travels abroad, made its official debut at @HarrahVegas on Wednesday, Nov. 16: https://t.co/kUs8Yz6EEP pic.twitter.com/mihOwEmp7A — Caesars Entertainment (@CaesarsEnt)…