Author: OnlineGamblingDaily

Sports-first live TV streaming platform FuboTV announced Monday that the company will close its Fubo Gaming subsidiary and cease operations of its Fubo Sportsbook effective immediately. The move follows a recent strategic review of the product and comes as the business focuses on its profitability goals and core segments amid a “challenging” financial market. FuboTV said its preliminary results for the third quarter of the year, announced yesterday, demonstrate “a continued progression” towards the company’s 2025 profitability targets. Given these goals, the firm has now completed its previously announced strategic review of the Fubo Gaming business, which was first unveiled…

Online sportsbook BetUK has announced an exclusive sponsorship deal with Arena Racing Company (ARC), the owners and operators of four of the six all-weather horse racing courses in the UK. The sponsorship sees the brand, part of LeoVegas Group, occupy advertising space across 600 races, in addition to naming rights. Ahead of the tenth season of the All-Weather Championships, BetUK has secured multi-year sponsorship rights to Marathon, Middle Distance, and Sprint races staged during winter meetings at the four ARC-owned racetracks of Southwell, Wolverhampton, Lingfield Park, and Newcastle. The sponsorship deal is for an initial three-year period. ARC operates 16 racecourses…

Online sports betting and gaming operator Estelarbet announced that it has signed an agreement with Sportradar through which the sports technology company will provide live-streaming sports content to the Latin American brand for the Peruvian and Chilean markets. In a statement, the operator said it “has completed the integration of live sports content for live streaming” from Sportradar. The company added that “Estelarbet users in both markets will be able to enjoy the best live sports events with the highest quality content provided by Sportradar in its Live Streaming vertical”. “Customers will be able to watch La Liga, Bundesliga, NBA,…

Sports betting giant FanDuel has won its appeal in a New York lawsuit brought by former founders, early investors and employees who claimed they were cheated out of the proceeds of its 2018 merger with Irish bookmaker Flutter Entertainment. A state appeals court in Manhattan said Thursday that FanDuel shareholders, led by co-founder and first CEO Nigel Eccles, failed to make a valid legal claim against the company under the law of Scotland, where FanDuel is incorporated, reports Bloomberg. The court has ordered the claims to be dismissed. A five-judge panel of the court said that, under Scottish law, directors…

Flutter Entertainment has announced the launch of PokerStars VR, a new title for Meta’s Quest Pro mixed reality headset, to make its debut on October 25. PokerStars VR will be a free-to-play social casino game that does not present an opportunity to win real money. PokerStars VR will be one of a select number of game titles chosen to launch alongside Meta’s flagship device, which offers players “enhanced performance as well as a full-color passthrough” for a full mixed-reality experience, face and eye tracking, and other cutting-edge technologies. The PokerStars VR developers, Lucky VR, have been “busy behind the scenes dreaming up…

As Halloween approaches we have a review of the new Frankenstein slot machine from our friends at Light & Wonder! This 5-reel game comes with a Cash Top Box! Landing the “Power Up” symbols on reel one will not only ‘power it up’ but can add multipliers! Landing the “It’s Alive!” bonus symbol on the first reel while the Monster is on the grid will bring it to life! When he does, the Monster will pull cash off the Top Box for you! There’s also a Free Games feature, during which you can “Power Up” the Top Box multiple times,…

Bally’s Las Vegas announced Friday it has now opened its new 7,000-square-foot arcade. Known as The ARCADE, the amenity comes as the resort continues its rebrand into Horseshoe Las Vegas, occupying the property’s former sportsbook space. Designed by Aria Group, the arcade is “illuminated by a glow of bright neon lights and offers a high-energy, multi-sensory experience for all ages and skill levels,” the company described. The venue features more than 80 supersized games, including classics like Skee-Ball, air hockey, Rock the Rim and a claw machine, Big One Extreme. Additionally, players are transported into “immersive adventures” via virtual reality…

PokerStars and Maple Leaf Sports & Entertainment (MLSE) held a fan experience event at Union Station stadium to celebrate the Toronto Raptors and Toronto Maple Leafs’ home opening games. The activation follows the regulation of the Ontario market earlier this year and saw both parties bring “their partnership to life” through giveaways, team mascot appearances, and fan interaction.  The guest experience follows an agreement earlier this year through which Pokerstars and FanDuel, both part of Irish bookmaking group Flutter, partnered with MLSE, owner of the Leafs and the Raptors. The relationship is set to offer fans and players in Ontario a “powerful combination…

Global gaming company Aristocrat Leisure Limited announced Friday it has received “notable industry recognition” at the annual G2E Las Vegas. Aristocrat’s CEO was awarded an ESG Award for Excellence in Sustainable Gaming; while the company was separately named Land-Based Industry Supplier of the Year at the annual Global Gaming Awards, celebrated within the framework of the expo. Aristocrat CEO and Managing Director Trevor Croker was presented with the newly established ESG Award for Excellence in Sustainable Gaming by Bill Miller, President and CEO of the American Gaming Association. Miller described Croker as “the definition of a servant leader,” and noted he…

iGaming content provider Pragmatic Play announced Monday it has agreed to a multi-vertical deal with Peruvian operator Bonanza.club, being the latest in a string of partnerships in the South American market. Pragmatic Play will supply the brand with four of its major product lines: Slots, Live Casino, Virtual Sports and Bingo. Fan-favorite slot titles such as Gates of Olympus will soon be available to Bonanza’s players, as well as recent releases such as Happy Hooves and Striking Hot 5, Pragmatic Play noted in a press statement. The comprehensive deal is completed with more content in other verticals, including the supplier’s…

Malta’s Principal Permanent Secretary Tony Sultana has visited the Malta Gaming Authority office at SmartCity. MGA Chairperson Ryan Pace and CEO Carl Brincat discussed the Authority’s strategy with Sultana, and presented ongoing and future projects for the regulator. His visit comes at a time of change for the Authority, which in its recent 2021 report said it is now seeking to take a different approach to regulation, issuing fewer license cancellations and suspensions while making better use of administrative penalties and warnings to discipline licensees. As a result of this new approach, the MGA canceled seven licenses and did not…

The Pokagon Band of Potawatomi Indians and its Four Winds Casino brand have offered an update on the progress of construction at Four Winds South Bend in Indiana. An expansion of the casino resort is underway while the venue’s extended gaming floor was unveiled on August 18, now spanning more than 98,000 square feet and featuring 1,900 slot machines, 27 table games, and a new high-limit area. Tribe and casino officials provided local media with a private tour on Friday to see firsthand the construction at South Bend. Slated for completion in the first quarter of 2023, additional amenities feature a 23-story…

Temecula, California-based Pechanga Resort Casino has announced a new multi-year partnership with the NBA’s LA Clippers. The deal will see the property, an enterprise of the Pechanga Band of Luiseño Mission Indians, serve as the exclusive tribal casino of the basketball team. The partnership was confirmed last week during a Clippers preseason game at Crypto.com Arena, during which the team presented a jersey to Pechanga leaders to commemorate the relationship.  Under the terms of the signed partnership, community events will be included, as well as Clippers watch parties and in-game promotions. The deal also includes in-arena signage, digital and social media activations, broadcast…

A judge has granted a 90-day stay of his August decision striking down changes to the law governing how Atlantic City casinos pay property taxes, local media reports. Superior Court Judge Michael Blee said late Friday that the stay was contingent on either the Appellate Division or the New Jersey Supreme Court considering the case on an accelerated or emergent basis. An extension will be possible should one of those courts not rule in time, Blee said, as reported by The Press of Atlantic City. In his ruling, the judge wrote that the public has “a compelling interest” in maintaining…

Esports and online betting company Esports Entertainment Group has reported its financial results for the fourth quarter of the fiscal year. During Q4, the business delivered revenue of $11.7 million, an increase of $2.9 million compared to the same period last year. However, the figure was down 25.4% sequentially from net revenue of $15.7 million in fiscal Q3 2022. For the three-month period ended June 30, gross profit increased by $1.6 million to a total of $6.8 million on a yearly basis, but was again down from the previous quarter with a 27.8% sequential decrease from $9.4 million in Q3.…

Sports betting and gaming group Entain shared Friday compiled data showing “a clear surge in popularity” when it comes to Formula 1 bets, with a record-breaking year on the cards for 2022.  Data from Entain between 2018 and 2022 reveals the total number of Entain customers betting on Formula 1 increased by 50% during the four-year period. The total number of bets on each season has also grown by 30%. Most customers who bet on Formula 1 during this period were from the UK (35%), Brazil (17%), Germany (17%) and Spain (5%). The company has seen an 18% increase from…