Author: OnlineGamblingDaily

There are quite a few casinos and resorts planned for Las Vegas in the next few years. And now, you can add the All Net Resort name to that list. That project has found some new life via additional funding, as is now expected to open sometime in 2025. The new resort will be built on a 27 acre parcel that sits between the Sahara Las Vegas and the Fontainebleau, which is a new resort itself and should be open by next year. The All Net Resort, along with the Fontainebleau, could add some much needed life to the north…

 October 21, 2022 It’s been an amazing run for US gambling revenue, with Nevada on a streak of billion dollar months. We just reported that New Jersey is showing increased profits from last year to this year. So it should be no surprise that the country as a whole is raking in record gaming profits. Numbers provided by the American Gaming Association and their Commercial Gaming Revenue Tracker show that, as a whole, US gambling generated $4.9 billion in the month of August. It was also the 18th consecutive month that gaming revenue in America showed growth from the year…

The Pennsylvania Gaming Control Board approved a consent agreement during its Wednesday meeting that led to a fine of $10,000 for Stadium Casino, operator of Live! Casino Philadelphia, for two incidents in which individuals gained access to restricted areas of the casino facility. In the first incident, a woman entered numerous restricted “back of the house” areas in both the casino and hotel and stole items from employees. It was also discovered that, in a separate incident, three casino patrons were able to enter an unsecured restricted area and gain access to the casino floor after previously being denied casino access…

Sports betting handle in Mississippi fell 21.4% in a year-over-year comparison during September. However, revenue in the state remained level. As reported by the jurisdiction’s regulator, players bet $43.1 million last month, down from $54,8 million in 2021, although it doubled the amount spent by consumers in August 2022, which was $21.2 million.  Despite the decline in handle, revenue maintained its level compared to 2021, and reached $8.8 million. This figure was also 225.9% higher in contrast with August of this year, when winnings were as high as $2.7 million.  Bets were mainly placed at coastal casinos, with players wagering…

Remote gaming server (RGS) technology and interactive content provider ODDSworks announced Wednesday an agreement with Galaxy Gaming Digital to take its content online across North America, beginning with New Jersey, Pennsylvania, West Virginia, and Michigan. Through its BetGuard RGS platform, ODDSWorks will launch a series of Galaxy Gaming’s progressive jackpot titles across the United States, including Split to Double Blackjack, Roulette Up, and Rising Phoenix Baccarat. “ODDSworks is well suited to handle the huge volume Galaxy games create,” the company said in a press release. In the last twelve months, over one billion wagers worldwide have been made online on Galaxy Gaming…

Monarch Casino & Resort has reported all-time record financial results for the third quarter of the year. The company, which operates the Atlantis Casino Resort in Reno, Nevada, and the Monarch Casino Resort in Black Hawk, Colorado, posted net revenue of $133.7 million for the period, an increase of 19.8% from the $111.6 million in the prior-year quarter. Casino, food & beverage, and hotel revenues increased 20.3%, 20.6% and 19.9% year over year, respectively. The increase in revenues was driven by the ongoing growth in business at Monarch Black Hawk, as well as continued strength at Atlantis, the company noted. …

New South Wales gaming floors will install facial recognition technology to improve identification of those wishing to self-exclude, enhancing safe gambling in the region. Cameras will be rolled out in pubs and clubs across the state from 2023 onwards to help identify problem gamblers who have opted in to the state’s Multi-Venue Self-Exclusion scheme.  The scheme already uses digital images to identify problem gamblers and ban them from entering gaming venues. Those who have joined the program have supplied their own image and have given full consent to it being stored. Cameras are set to scan customers’ faces as they…

We’ve known that Bally’s Casino will be rebranded as the Horseshoe Las Vegas for some time now. In fact, in our last This Week in Gambling show we reported from the Strip, where we showed some of the transition well underway. There was construction removing the Bally’s sign, and the name was already off of the building. Now we know when Caesars believes the transformation will be complete. The company has finally let everyone know that the Horseshoe Las Vegas will officially be up and running in December of this year. So it looks like we get a horseshoe for…

Clark County commissioners have given Houston mogul Tilman Fertitta the green light to develop a towering casino resort on the Las Vegas Strip. The commission approved the billionaire’s plans on Wednesday, which call for a 43-story, 2,420-room project in the casino corridor. The upscale resort is set to be located at the southeast corner of Las Vegas Boulevard and Harmon Avenue. It will include restaurants, convention space, a spa, a wedding chapel, an auto showroom and a roughly 2,500-seat theater, in addition to suites and villas, VIP salons, and a bar and lounge for high-limit gamblers. Project representative Rebecca Miltenberger,…

The latest edition of G2E Las Vegas is a special one for the major gambling industry event. The expo marked the largest for the show since the pandemic, just shy of pre-Covid 2019 numbers. Hundreds of attendees and global gaming firms gathered at The Venetian to showcase their products and discuss the latest in gaming through the course of the three-day event, proving the industry’s resilience. Among the companies present at the show was Konami Gaming. The designer and manufacturer of slot machines and casino management systems took the opportunity to present an expansive list of gaming entertainment and technology,…

Multinational company Cordish said that it has its eyes set on Madrid, where it seeks to build one of the most important casino projects in the world. The place chosen for this project is Torres de Alameda, where the firm plans to build several casinos and gambling halls, as well as leisure areas such as restaurants, cinemas, and shopping malls. If Cordish succeeds in carrying out this project, the company would be able to gain ground on the European continent and enter the booming Spanish market. Carlos Sáez, mayor of Torres de Alameda, assured that the multinational is “in love”…

Digital sports media company Playmaker Capital announced Tuesday the acquisition of Glasgow-based affiliate marketing business Wedge Traffic to enhance its iGaming and affiliate presence in the U.S. market. The addition of Wedge will power Playmaker’s ability to meet the increasing demand for sports betting and casino content, the firm noted. Playmaker acquired 100% of the shares of Wedge for aggregate consideration of approximately $31.2 million. “Wedge’s technical and affiliation expertise, combined with Playmaker’s ecosystem of highly engaged sports fans, will create significant value for online sportsbooks and casino operators that are vying to acquire and retain customers, and facilitate a safe…

According to local media reports, the number of Suspicious Transaction Reports (STRs) in Macau has seen a 13.4% year-over-year decrease to 1677 in the first nine months of 2022. According to a report from the Financial Intelligence Office, STRs proceeding from casino operators fell by 15.5% year-over-year to 866 during the period from January to September. The total represents 51.6% of all the STRs, down from 52.9% the prior year. According to the Office, during the third quarter, the number of STRs from casino operators was 248, higher than the 180 cases reported during the second quarter. However, that total…

Sports data and technology firm Genius Sports announced Wednesday it has been selected as the exclusive Official Data Partner of the Isuzu UTE A-League Men and Liberty A-League Women 2022-23 season. The move comes as part of a wide-ranging new partnership with the Australian Professional Leagues.  According to the company, this partnership will help to protect Australian soccer from the threats of match-fixing and betting-related corruption through Genius Sports’ 24/7 bet monitoring technology and bespoke educational services.  By cross-referencing real-time odds movements with predictive algorithms, Genius Sports’ monitoring system will provide crucial visibility over global betting on the A-Leagues and automatically…

Digital sports platform Fanatics announced Wednesday the appointment of Andrea Ellis as Chief Financial Officer of Fanatics Betting & Gaming, the company’s online sports betting and iGaming division. The move sees the company take a step closer to the launch of its gaming unit, to take place in January next year. The sports platform and e-commerce company, which has been valued at more than $27 billion, hired Ellis to oversee business and financial planning and analysis across the full suite of FBG’s finance functions, including accounting, budget, tax, and cost management.  Reporting to Fanatics Betting & Gaming CEO Matt King,…

Louisiana’s Treasure Chest Casino is set to relocate to land after nearly 30 years of operating as a floating casino in suburban New Orleans. Officials for the casino broke ground Tuesday on a new site that will house a development of more than $100 million, replacing the current riverboat once the land-based property opens its doors in 2024. The new facility, owned by Nevada-based operator Boyd Gaming, is set to include a 47,000-square-foot gambling hall and 10,000 square feet of convention space. It will also feature new restaurants, bars and a FanDuel Sportsbook. The existing riverboat casino is expected to…