Author: OnlineGamblingDaily

B2B iGaming technology provider EveryMatrix announced Monday its financial results for Q2 2022, in an update that shows gross profit growth across all business segments including casino, sports, and platform, increased by 17% year-over-year to €14.9 million ($14.8 million).   In a press release, the company explained that while regulatory changes in Germany impacted gross profit in the casino segment, that vertical still grew by 11% year-over-year thanks to the company’s “product diversification and broad client base.” EBITDA held at €5.2 million ($5.3 million) as the company continues to reinvest positive cash flow into future growth. Key investments include U.S. expansion and the…

As reported Thursday by the Massachusetts Gaming Commission, the state’s three casinos – MGM Springfield, Plainridge Park Casino and Encore Boston Harbor – have collectively generated approximately $92 million in gross gaming revenue in August. The figures were flat from the same month last year. Encore Boston Harbor saw the most revenue for the month at $58 million in gross slot and table game revenue. While was down from $64.7 million in July, it was however up from $57.8 million in August 2021, and sufficient to place it first.  MGM Springfield placed second, amounting to nearly $22 million in total from…

Senate Majority Leader Joel Villanueva has filed a bill that intends to ban all forms of online gambling in the country. The move comes as recent issues with Philippine Offshore Gaming Operators (POGO) drew renewed interest in stricter regulation, following a series of alleged abductions at their premises. Gaming regulator PAGCOR has ordered the closure of two POGOs, and revoked the license of one, after more than 140 foreign workers were rescued over the weekend. Villanueva’s Senate Bill 1281, the proposed “Anti-Online Gambling Act”, seeks to penalize people who engage in online gambling with a jail term of up to…

Bally’s Corporation announced Friday that Marc Crisafulli, EVP of Government Relations, Legal and Regulatory, is retiring from the company, a move effective since September 16, 2022. Crisafulli joined the company in May 2019 as EVP of Government Relations and then later served as EVP of Twin River Worldwide Holdings and President of Twin River and Tiverton Casinos, prior to the firm’s rebrand to Bally’s Corporation in 2020. During his time with the company, he helped advance Bally’s strategy by overseeing critical legislation and spearheading important partnerships in Rhode Island. Lee Fenton, Bally’s Chief Executive Officer, expressed his gratitude to Crisafulli…

The Malta Gaming Authority (MGA) published Thursday its annual report and audited financial statements for the financial year ending 31 December 2021. The report shows the regulator canceled fewer licenses during 2021, as it opted instead to issue more warnings and administrative penalties than in previous years. The report provides an overview of the Authority’s achievements during the year and outlines the performance of the Maltese gaming industry during 2021, coupled with a medium-term outlook into the future. For the period analyzed, the MGA canceled seven licenses, half the 14 terminated in 2019, and less than 12 in 2020. The Malta…

The Cordish Companies’ Live! Casino & Hotel Maryland announced Monday the property has earned the highest recognition across all major categories in the Best of Gaming 2022 Awards by readers of the gaming industry publication Casino Player Magazine. This includes the Best Overall Gaming Resort accolade. The AAA Four Diamond-rated luxury gaming and entertainment destination led the Maryland casino category, claiming 17 first place prizes, including Best Overall Gaming Resort; Best Hotel; Best Rooms; Best Casino; Best Players Club; Best Comps; Best Promotions; Best Table Games; Best High Limit Room; Best Poker Room; Best Poker Tournaments; Best Non-Smoking Casino; Best Reel Slots; Best Live…

Iuri Castro, Brazil’s Undersecretary of Gambling and Commercial Promotion of the Ministry of Economy, said that his office has “a defined strategy” regarding the publication of the regulatory decree of the Sports Betting Law. His remarks came at the CGS Brazil 2022 event, as reported by BNLData. During the opening of the fair, held in the Brazilian city of Florianópolis, Castro spoke about Law 13.576, which was approved in 2018 but whose regulation has not yet been published by the Government, and affirmed that his office is waiting for the publication of the decree by the President of the Republic. Based…

Casino operator Boyd Gaming Corporation announced Monday that its Board of Directors has declared a quarterly cash dividend of $0.15 per share, payable October 15, 2022, to shareholders of record at the close of business on September 30, 2022. This represents a $0.60 annualized dividend and a dividend yield of 1.16%. Boyd Gaming has a payout ratio of 11.3% indicating that its dividend is sufficiently covered by earnings, according to analysts. Research analysts expect Boyd Gaming to earn $5.20 per share next year, which means the company should continue to be able to cover its $0.60 annual dividend with an…

Zitro announced Monday it will exhibit its new product lineup at the upcoming G2E Las Vegas, which will be held October 11-13 at the Venetian Expo, at booth #4449. The company will showcase its latest offerings, “designed to drive revenue growth and player engagement.” Among highlights at its stand, the company will showcase a diverse lineup of games featured on the four different GLARE form-factors. Zitro will unveil a diverse portfolio of gaming products “that are the result of the hard work and commitment of its team and leadership,” the company said in a statement. “Zitro’s reliability, first-class support and…

Aggregator and iGaming solutions provider Slotegrator announced it has signed a new partnership with Pocket Games Soft. As part of the deal, all of the studio’s titles can now be integrated into online casino platforms through Slotegrator’s APIgrator solution. Pocket Games Soft is an iGaming studio founded in 2015 in Valletta, Malta. Since 2017, the company has released 84 slots and 1 table game, a press release recounts. Slotegrator describes the studio as a “maker leader” when it comes to the gamification of mobile applications, with the developer’s “unique and original content” proving popular with players around the world. The…

The latest study on internet casinos has been published by Data Bridge Market Research, looking at the growing demand, future trends, and market size. That study serves as a great market research and analysis tool, compiled with advanced techniques, and analyses and identifies emerging trends, as well as challenges and opportunities, in the market. This report classifies the market by companies, geographical region, type, component, application and end-use industry. Under competitive analysis section, major key players existing in the market are mentioned along with various details such as company profiles, their market share analysis, and their different strategies which make…

A new survey by Pew Research Center has revealed that around one in five US adults (19%) say they have personally bet money on sports in some way in the last 12 months, whether with friends or family, in person at a casino or other gambling venue, or online with a betting app.  Despite the growth of commercial sports betting in the wake of the Supreme Court’s 2018 ruling that effectively legalized the practice, the most common way that Americans bet on sports is with friends or family, according to the Center’s survey, which was fielded July 5-17 among 6,034…

The Tiki Adventure slot machine is a progressive jackpot series from Konami Gaming, and based on their popular Treasure Lounge. Tiki Stacks rise to random heights and award the credit amounts they cover, and there are random multipliers and bonuses. During the Tiki Rise feature, Tikis “rise up” across the reels to award additional prizes and features. During Tiki Drop, Tikis will fall onto the existing stacks and make them higher, awarding more prizes! As players spin, they watch the Tiki stacks rise to the top of the reels where they will trigger one of the wheel bonuses with guaranteed…

A new report was recently published about the online sports betting market globally, with some interesting insights about what we can expect over the next several years both globally and here in America. Compiled by the UnivDatos Markets Insights group, they have determined an average annual growth rate of more than 10% from now through the year 2027.This is, of course, barring any unforeseen events. Their analysis was broken down into types of games that players bet on, such as Football, Basketball, Hockey, and such. But also included more international games like Cricket, and emerging markets like Cybersports. The report…

Las Vegas gambling heavyweight Wynn Resorts is teaming up with New York City real estate giant Related Companies –developer of Hudson Yards– to bid on a casino in Midtown Manhattan. The parties want to put a casino on the western half of the Hudson Yards, which remains undeveloped. The casino would be situated next to the Javits Center on the still-undeveloped western portion of Hudson Yards, the second half of the largest mixed-use private real estate development in American history, reports New York Times. Building the Yards’ western portion, which is now a sunken train yard, has been a priority…

In 2019, sports technology giant Sportradar launched ad:s, an omnichannel, digital marketing agency focused on sports fan engagement. The solution aims to help sportsbooks, as well as league and teams, to be more efficient and precise in their marketing spend and deliver positive ROI while also not oversaturating the marketing with ads. Three years later, the ad:s service has supported more than 100 operators. In an exclusive interview with Yogonet, Mateo Lenoble, Sportradar’s Sales Director for Latin America, discusses the key advertising and sponsorship considerations for sports betting operators looking to optimise their marketing strategies. Additionally, he outlines how the company’s ad:s…