Author: OnlineGamblingDaily

 January 11, 2023 With only 11 months reported for the year so far, the state of Nevada was still able to set a new all time gambling revenue record. The casinos there have collectively brought in $13.5 billion in 2022, which represents a gain of more than 10% from the year before. The month of November helped, as it market yet another with revenues of over $1.2 billion. That market the 21st consecutive month of recorded billion dollar revenue. However, even though the numbers in the state were up as a whole, it was not all good news. Every major…

Cambodia is implementing a new taxation system for casinos, according to local media reports. The Ministry of Economy and Finance (MEF) officially adopted a new tax on gross gaming revenues model on December 30, replacing the country’s previous “lump sum” system, which had been in place for several decades and called for casinos to pay a flat rate on their revenue Commercial gambling businesses are now also required to follow the International Financial Reporting Standards. These are a set of accounting standards that govern how particular types of transactions and events should be reported in financial statements, and were developed…

Gaming solutions provider BETER Live has announced that it is planning to add SoftConstruct’s Fasttoken (FTN) to its list of supported cryptocurrencies.  The inclusion of FTN in BETER Live’s supported cryptocurrencies will start during Q1 of 2023. FTN is the official cryptocurrency of the Fastex ecosystem, as well as the adopted cryptocurrency of betting and gaming software provider BetConstruct.  “FTN is the official cryptocurrency of Fastex ecosystem and the native token of the Fastex Chain developed and curated by leading tech giant SoftConstruct,” Fasttoken’s website describes. “With SoftConstruct’s vast network, over 1 million active users, and 700 partners all over…

Gaming technology provider Win Systems announced Tuesday it has installed its WIGOS casino management system in the Gran Casino de Lanzarote, operated by Grupo Automáticos Canarios and Grupo Orenes in the Canary Islands, Spain.  The company had already installed its CMS in the Gran Casino of Fuerteventura, another property managed by the two groups, a few months ago. This allows the technology provider to “continue to consolidate its position in the Spanish market as a leader in casino management systems” and “to reinforce its strategic growth plan in Europe and the rest of the world,” according to a statement. Currently, WIGOS connects…

Mobile sports betting is nothing but incipient in Arkansas. However, early market figures show the appetite for this form of wagering seems to be growing. Sportsbooks posted their best month yet in November with more than $30.5 million bet on sports, and handle-to-date reports show mobile is beating in-person sports gaming. The Arkansas Legislature’s Joint Budget Committee approved mobile sports betting through the state’s three existing casinos in February 2022. Southland Casino Hotel in West Memphis launched its mobile betting app, Betly, in March. Saracen Casino Resort joined the market in May, with its Bet Saracen app; and Oaklawn Racing…

Casino gaming influencer Brian Christopher announced Monday he is exclusively promoting smoke-free casinos and gaming spaces from here on out. His channel on YouTube and Facebook reaches more than 5 million monthly unique viewers, “showcasing his journey to entertain players while prioritizing the health of staff and casino goers alike.” Christopher has pledged to continue his work at casinos as an official advocate for American Nonsmokers’ Rights (ANR) Foundation, and as a supporter of Casino Employees Against Smoking Effects (CEASE). Cynthia Hallett, president and CEO of the American Nonsmokers’ Rights Foundation, stated: “We thank Brian Christopher for his unwavering support…

Gaming solutions provider CT Gaming has confirmed it will be showcasing its products at the upcoming ICE London 2023. At the major gaming expo, set to take place on February 7-9 at ExCel London, the company will exhibit its “rich product line” at booth N5-130, including its latest jackpot and multigame innovations along with updated functionality for the casino management system. According to a press release, the centerpiece at the stand will be “the latest and most exclusive multigame,” Diamond Tree 20 Games. The multigame consists of 20 jackpot games, “including 15 of the most popular and well-known titles and five completely new…

Any person who is familiar with the casino and sports betting industry has probably heard about pay per head websites. On the surface, this term can sound confusing and complicated, but it’s not. It is a business model for fully automating bookie and online casinos while operating them online. This article will discuss a Pay per head site and tell you whether it’s worth playing at one. What Is Pay Per Head Site? A price per head (PPH) or pay per head (PPH) site is an online casino and betting platform that allows bookmakers to manage and offer betting services…

This week’s gambling news looks at when we can expect the MSG Sphere Las Vegas to open, and who will headline the opening act! Also, tickets for the Las Vegas Grand Prix are on sale now… and they’re not cheap! Plus, updates on renovation work at New York-New York and Circus Circus resorts. Hello friends, and welcome to This Week in Gambling, where it’s time for an update on what’s happening in Las Vegas right now, including some new information on the MSG Sphere! And that is this week’s big story. Over the past several weeks we’ve given you updates…

Sports betting is yet again on the table in Kentucky this new year. A bill introduced Thursday in Frankfort would legalize betting on sporting events. Should it pass, people in the state could bet on the NFL, NBA, MLB, PGA Tour, NASCAR, MLS, college sports, the Olympics and more options, as well as gamble on fantasy sports and poker.  House Bill 106 was introduced on January 5, and is sponsored by representatives Derrick Graham, Cherlynn Stevenson and Rachel Roberts. If passed, the bill would add 26 amendments to the current law and enact 13 new sections related to online sports,…

Real estate investment trust VICI Properties announced Monday it has acquired the real estate assets of four casinos – PURE Casino Edmonton, PURE Casino Yellowhead, PURE Casino Calgary and PURE Casino Lethbridge, all located in the province of Alberta – from PURE Canadian Gaming Corp. The deal expands VICI’s footprint into Canada. The purchase was carried out for an aggregate price of approximately CAD 271.9 million ($200.8 million). VICI financed the transaction with a combination of cash on hand and from drawing down funds under its existing revolving credit facility in Canadian dollars. PURE Casino Calgary. Simultaneous with the acquisition, VICI entered…

According to local media reports, as of January 8, Macau has canceled most of its travel restrictions related to the Covid-19 pandemic, dropping all testing requirements for inbound travelers from mainland China, Hong Kong, and Taiwan. The city has also canceled all restrictions on entries to casinos, no longer requiring the presentation of health codes to enter the gaming facilities. As per the latest measure, all foreign nationals will again be allowed to enter Macau without mandatory quarentine, returning the major gambling hub to its entrance policies in place before the pandemic. However, despite the relaxation, Macau’s Health Bureau said…

The Big Shake Neon slot machine is a fantastic, 80’s themed coin pushed slot machine from our friends at Eclipse Gaming. We had a front row seat for all the action this game brings, combining the traditional slot machine with the player favorite coin pusher game for a lot of excitement and some huge win potential! We take a look at some of the best features of The Big Shake Neon, including the Rapid Fire feature, which brings the elements of skill game into the slot. Plus, there’s the Coin Wheel bonus, where coins rain down on the pusher! Our…

A tribal gaming authority must pay more than $88 million in damages to investors over failed plans to build two casinos, one of them an off-reservation gaming property near Detroit Metro Airport, and a second one proposed in downtown Lansing. The Ingham County Circuit Court judge found the Kewadin Casinos Gaming Authority liable for not only repaying, with interest, $9 million in loans from two groups of investors, but also the investors’ loss of potential future profits from the unbuilt casinos, reports Detroit Free Press. The total damages bill facing Kewadin, which belongs to the Sault St. Marie Tribe of Chippewa…

This year’s ICE London edition, to be held 7th – 9th February at ExCeL London, is set to be a special one for the major gambling industry event. Event organizer Clarion Gaming has now announced a new show floor feature dedicated exclusively to licensed street gaming, developed in partnership with strategic body the Gambling Business Group.  The GBG High Street Hub will feature contributions and insight from leading brands including Novomatic UK, Entain, Buzz Bingo, Merkur UK, and GameNation. The High Street Hub will be situated adjacent to the Pillar Hall Casino, a networking space and bar for the land-based…

The legal battle for control of the UK National Lottery has been revived by Camelot’s technology partner, International Game Technology (IGT), as the company is now suing the Gambling Commission under European human rights laws. The business argues the regulator’s decision to award the fourth lottery license to the Czech-owned Allwyn gaming group has cost its “marketable goodwill,” reports The Times. The new license is due to start in February 2024. Camelot and IGT tried to stop the gaming regulator from moving forward with the transition immediately after the regulator chose Allwyn as its preferred applicant to take over the lottery…