Author: OnlineGamblingDaily

Nevada’s winning streak is far from over. In July, the state recorded the fourth highest monthly total in its gaming history at $1.31 billion, and the second highest ever on the Las Vegas Strip. Bolstered by visitation to Las Vegas –at its highest since the start of the pandemic–, Nevada gaming has now surpassed $1 billion in revenue for the 17th consecutive month. July 2022’s revenue is down by 3.2% when compared to the single-month record $1.35 billion posted in July last year, figures from the Nevada Gaming Control Board show. However, last month’s total is 28.4% higher than the…

In the midst of rising inflation and its impact on consumer personal saving rates, new research conducted by information and insights company TransUnion examined the financial status and behaviors of mobile sports bettors. The study found that more than half (54%) earn high incomes –earning $100,000 or more– yet “many are concerned about inflation and its impact on their ability to keep making credit payments in the future.” According to TransUnion, mobile sports bettors show greater resilience and sensitivity to economic headwinds. While a vast majority of bettors appeared to be in good financial standing based on incomes and savings,…

Gaming and esports organization LOUD announced Tuesday a comprehensive promotional partnership with betting platform Midnite “to introduce its intuitive design for esports and traditional sports wagering to LOUD’s 300 million global followers.” The parties call the partnership “a landmark commitment” which will see the campaign will stretch throughout 2022 and produce original content for social media and digital video channels, featuring many of LOUD’s top influencers. Brazil-headquartered LOUD calls itself the first gaming organization to record a billion views on YouTube. Matthew Ho, co-founder of LOUD, said : “When considering international wagering partnerships, Midnite distanced themselves with a powerful brand and…

Gaming designer and manufacturer Konami Gaming announced Wednesday the appointment of industry veteran Gerard Crosby as senior vice president & chief games product officer, a move set to drive continued games product performance and advancement across global markets.  Crosby brings nearly three decades of experience in games research and development hardware and software engineering, product strategy, and business operations management, according to Konami Gaming, the Las Vegas-based subsidiary of Konami Group. Leading games R&D at Konami Australia since 2001, “he has developed a demonstrated track record of success, delivering consistent results across Australia, New Zealand, Asia, and South Africa, as well…

A Superior Court judge in New Jersey killed Monday a state law that granted Atlantic City’s casinos tens of millions of dollars in tax breaks, saying the measure “was passed on dubious grounds” and that it “violated the state Constitution.” Governor Phil Murphy and the state’s legislative leaders took a hit through this ruling, after having fast-tracked the legislation through the Legislature last year. This move also has a direct consequence on the gaming industry, which had argued the bill was needed because it was struggling amid the COVID-19 pandemic.  The controversial law proposed changes to a local taxing program…

Greentube, the NOVOMATIC Digital Gaming, and Entertainment division, has further extended its footprint in North America following its launch with BetMGM in Michigan, via Entain Gaming Group’s platform. This partnership marks the second time the duo has worked together to launch in a regulated US state, with Greentube rolling out its games with the sports betting and iGaming operator in New Jersey earlier this year. Those playing at BetMGM in Michigan will gain access to Greentube titles including the Diamond Cash series of games Mighty Emperor, Mighty Elephant, and Mighty Sevens. The expansion represents a “major milestone” for the organization, as the supplier…

Gaming manufacturer Interblock announced its second installation of the Universal Cabinet Blackjack in the Romanian market, at the new Elite Slots Casino in Pitesti, Romania. Elite Slots Casino opened its doors on July 15 this year, becoming the largest slot hall in the city. Laszlo Sepsi, Management Representative, Elite Slots Romania, described the casino as a “unique location.” The reactions of the visitors who stepped on its gaming floor have “exceeded all expectations,” he noted, with Interblock’s new product set to bring yet another element of interest to the property. “The unique design [of the casino] manages to harmoniously combine modern…

Light & Wonder, the gaming products and services provider formerly known as Scientific Games Corporation, announced Monday that Matt Wilson, Executive Vice President and Group Chief Executive of Gaming, has been appointed interim Chief Executive Officer while also continuing in his current role. In connection with the appointment, Barry Cottle has stepped down as President and Chief Executive Officer and a member of the company’s Board of Directors, and will support “a seamless transition as a consultant.” In a press release, the company stated that the Board has “commenced a search process to identify a permanent CEO and has engaged a leading national executive…

 August 31, 2022 Oops! They did it again! Nevada gambling revenue broke $1 billion in the month of July, marking the 17th month in a row to break the billion dollar mark. The state collectively brought in $1.31 billion, to be precise. Like numbers? Here are some more: Part of that $1.31 billion was the second highest revenue total ever posted from Las Vegas Strip casinos, and the highest total since the pandemic began back in 2020. More numbers? You got it: The State Gaming Control Board reports that the $1.31 billion total for July was also the fourth highest…

Greentube, the NOVOMATIC Digital Gaming, and Entertainment division, has partnered with the Austrian Ski Federation, the German Ski Federation, and Swiss-Ski – a brand of the Swiss Olympic Association-, to relaunch its game Ski Challenge as an esports title this autumn. In a press release, Greentube explained that the new Ski Challenge -which was its first-ever gaming title when it hit the market in 1998- “will provide a true esports experience, complete with new and improved features”.  “The winter sports app captures all the excitement and motion of real-life on-piste action, with players competing in races for the best times on popular,…

International Game Technology (IGT) announced Monday an agreement in principle to settle the Benson v. DoubleDown Interactive lawsuit and associated proceedings. IGT completed the sale of DoubleDown Interactive –operator of social gaming business DoubleDown Casino– to DoubleU Diamond, a subsidiary of DoubleDown, in June 2017. The agreement in principle to settle the suit, entered into by certain subsidiaries of IGT and Double Down, remains contingent on final court approval by the US Federal District Court for the Western District of Washington. Under the terms, a total of $415 million will be paid into a settlement fund of which IGT will…

This year’s SiGMA Balkans & CIS summit was held in Belgrade, Serbia, from August 22-25. Gaming and sports betting software provider BetConstruct described the event as an “incredible success” for the company. An indicator of this was the awards ceremony, the supplier says, where BetConstruct was named the “Platform Provider of the Year.” “With Sportsbook, Data Feed Solutions, Slots, Live Casino, and Skill Games, BetConstruct stands out from the crowd with its all-inclusive catalog,” the company stated in a press release. “Known for being partner-focused, the provider has opened its platform to over 200 3rd party content providers, giving operators…

Australian racing and sports betting operator BlueBet (BBT) announced Monday it has received the license required to operate its online sportsbook ClutchBet in Iowa. The state’s Racing and Gaming Commission granted the permit, allowing the brand to take its first US bets. ClutchBet was launched earlier this year as part of BBT’s two-stage capital-light entry strategy to launch a B2C business to access the US market before launching a white-labeled Sportsbook-as-a-Solution offering. With market access in Colorado, Louisiana and Indiana, BlueBet said launching in Iowa provided a platform to execute the first stage of its strategy. BlueBet CEO Bill Richmond said BlueBet was…

According to industry insiders, Queensland’s casino regulator and its actions should be scrutinized by the state’s inquiry into the Star Entertainment Group. Executives for the Australian casino giant have been giving evidence to a commission of inquiry into the operation of its existing casino licenses in Brisbane and the Gold Coast, which now prepares to release its final report. Star admitted it should not have opened its doors to “highly suspicious cashed-up gamblers” banned from casinos in other states, or allowed tens of millions of dollars in disguise as expenses to be gambled using a Chinese bank card. The inquiry…

iGaming industry content provider Pragmatic Play has announced the launch of its new Vegas-style Fire Hot series. The collection features four engaging titles with varying numbers of paylines, including Fire Hot 5, Fire Hot 20, Fire Hot 40, and Fire Hot 100, where the number that features in the name of each title corresponds to the number of paylines provided.  A collection of apple, orange, cherry, grape, lemon, and watermelon symbols help to deliver the classic theme on display, with wins worth up to 2,700x the bet available across the entire series, and Clover wilds able to be combined with regular…

SOFTSWISS announced Tuesday it is entering the esports industry and unveiled that CS:GO commentator Kostya Sivko will become the company’s brand ambassador. The business has described the collaboration as “an excellent chance for an award-winning online casino and sports betting software provider to realize innovative projects in this field.” Sivko is a commentator with almost a decade worth of experience in esports. Notably, he has commentated 12 times at the CS:GO Major Championships, a major esports industry event. He has also worked for the top CIS studios and international championship venues, a press release states. In 2020 and 2021, the esports…