Author: OnlineGamblingDaily

The union representing Casino de Montréal dealers on Friday reached an agreement in principle with Société des casinos du Québec, the subsidiary of Loto-Québec that operates the property.  The 545 unionized croupiers at the Casino de Montréal, who have been deprived from a new contract since April 2020, have been on strike since May 21. The full agreement will be presented to members at a general meeting in the coming weeks, where they will vote by secret ballot. The agreement’s content has not been disclosed yet.   The Canadian Union of Public Employees (CUPE)’s advisor Jean-Pierre Proulx said in an official…

Compliance software and advisory company Kinectify announced Tuesday that it has raised a seed round co-led by OpenBet, Acies Investments and the Eastern Band of the Cherokee Indians (EBCI). The strategic investment is set to scale the company’s offering, which is focused on anti-money laundering (AML) in the gaming industry. “We are excited to partner with such seasoned strategic investors from inside gaming including suppliers and operators with deep expertise like OpenBet, Acies Investments, and EBCI,” said Joseph Martin, CEO of Kinectify. “This investment will accelerate our mission to provide an all-in-one solution for gaming risk management.” The seed round…

Gauselmann Group’s subsidiary edict eGaming GmbH announced Tuesday that the Merkur brand has launched Frooty Temptation, a new slot that offers operators “the possibility to tempt their players with an even fruitier gaming experience.”The fruit game is played on five reels with five paylines. The wild symbol provides a “particularly sweet surprise”: if the diamond appears on one of the reels, it tops up to the highest possible line win at any point on the line. But the diamond is “high carat in two respects.” It not only replaces all the other game symbols, but also serves as a multiplier.…

International Game Technology (IGT) announced Tuesday its IGT Global Solutions Corporations subsidiary has signed an agreement with Portugal’s national lottery operator Santa Casa da Misericórdia de Lisboa to debut IGT’s Retailer Vue lottery terminal in the country, following a competitive procurement. The delivery of up to 7,200 camera-based terminals is expected to be completed in 2023.  IGT’s Retailer Vue lottery terminal has a built-in 13.3-megapixel camera that can read playslips, winning tickets, identification cards and mobile devices, “freeing up retail counter space by eliminating the need for additional hardware and cables.” Modernizing the retail lottery space, IGT says the Retailer Vue…

iGaming technology company Gaming Innovation Group (GiG) shared Tuesday its financial results for the second quarter of the year. For the period ended June 30, the business delivered all-time high revenues of €22.1 million ($22.4 million) an increase of 37% year-over-year from €16.2 million, whereof 24% was attributed to organic growth.   “The strong momentum that we carry forward in Q2 and the exciting milestone of completing the acquisition of Sportnco on April 1st position our business for continued growth and escalating profitability levels,” said Richard Brown, CEO of GiG. Richard Brown, CEO of GiG The company has also posted an EBITDA of €8.3 million ($8.4 million), up…

iGaming solutions provider SOFTSWISS announced Tuesday it is expanding the functionality of its Casino Platform by adding new features and updates, set to contribute to player acquisition and retention. Bonus management via API is now available to the company’s clients. The tool makes bonus management “even more flexible” and allows operators to add a new level of personalization to bonuses for each player. Moreover, the Bonus API enables clients to use “a plethora of parameters and settings” to craft unique bonuses.  The Bonus API was described by the company as “a robust and secure tool for bonus automation.” This new alternative to…

Northern Cyprus is a special region for the Bulgarian provider of slot machines Euro Games Technology (EGT). In an interview provided by the company, Biserka Draganova, Sales Manager for the Balkans, says it is the region where many of its products are often released for the first time, and where the first half of the year saw record sales of EGT machines.  What is EGT’s position in the Northern Cyprus market? What is the company’s market share? Since EGT made its first installation in Northern Cyprus in 2009, our company has been one of the top suppliers for the country.…

Water levels in Lake Mead continue to plummet, soon reaching dead pool status. Could the end of Las Vegas be far behind? After all, without water there can be no city, right? Well, let’s stop right there, put the fear mongering aside, and take an actual look at what the falling waters in Lake Mead actually mean for Las Vegas. Nevada and several of the western states experience their worst drought in centuries, and climate change is turning up the heat. There is a very real possibility that the water levels in Lake Mead will fall so law that Hoover…

Gaming Innovation Group Inc. (GiG) has recently signed an agreement with brand new strategic partner Kings Media Ltd, best known for operating the ‘King Billy’ casino brand across .com markets, marking its arrival into the newly regulated Ontario province in Canada. The deal will see GiG provide its award winning platform, and represents a continued strengthening of a targeted strategy to leverage GiG’s extensive experience in fast growing, complex regulated jurisdictions. “The partnership is also notable as Kings Media’s first venture into Northern American markets, affirming GiG’s assertion that its platform and solutions are perfectly suited for similar online challengers…

Gaming and hospitality giant Wynn Resorts has shared its financial results for the second quarter of the year. The business has delivered $908.8 million in operating revenues, down $81.3 million from the comparable period last year; while a net loss widened from $137.4 million in Q2 2021 to $213.4 million the last quarter. “Our second quarter financial results reflect continued strength at both Wynn Las Vegas and Encore Boston Harbor,” said Craig Billings, CEO of Wynn Resorts. “Our teams’ ongoing focus on five-star hospitality and new experiences at our market-leading properties combined with very strong customer demand drove a new…

Kansas took another step to bring legalized sports betting to the Sunflower State after the Racing and Gaming Commission approved regulations for the upcoming market. Regulators unanimously greenlighted the rules during their meeting in Topeka on Friday, which now await final approval from the Kansas Attorney General’s Office. According to the commission’s agenda, regulators were tasked with clarifying specific language related to sports betting. The provisions detail a ticket writer’s duties when they begin a shift, outline reserve requirements, as well as issuance and sports wagering ticket control requirements, among other issues, reports KSHB. Commissioners said they hope to get…

Flutter Entertainment on Friday reported overall revenue growth of 9% in the first half of 2022, driven by recreational player expansion by over one million players and positive U.S. results, including its FanDuel brand speeding up its sports betting market to 51% in Q2, with number one position in 13 of 15 states. Monthly users in the U.S. climbed 49% from a year ago and revenue in the division soared 61%, or 50% on a constant-currency basis. The Ireland-based owner of Paddy Power, Betfair and PokerStars also noted it has increased the proportion of customers using safer gambling tools to…

OddsJam is a sports betting startup that provides API resources to operators and media companies on the B2B side, as well as educational content and betting tools on its B2C approach. Last week, it acquired odds comparison platform OddsBoom, whose founder Mark Knight joined OddsJam’s executive team as Head of Product. OddsJam’s proprietary data coverage of 75+ sportsbooks results in the processing of over 1 million odds per second, allowing more than 200,000 monthly unique users to view real-time odds across virtually all leagues and betting markets, including player props, alternate lines, in-play markets and futures. Yogonet caught up with Alex Monahan,…

Ahead of the upcoming NFL season, Kambi has released their yearly NFL report, looking back at some betting statistics that were found on the company’s network from the 2021-22 NFL season kick-off game, all the way through the Super Bowl.  Now in its fourth year, Kambi’s NFL Season Report highlights key betting activity trends and data gathered from across the sports betting suppliers.  The world of football is getting ready to resume competition, with the NFL season due to begin on September 8 as the LA Rams look to mount their Super Bowl defense after triumphing over the Cincinnati Bengals…

Without enough time to regulate the sports betting market ahead of the World Cup that will be held in Qatar this year, it is considered that the Brazilian government has already lost the opportunity to collect significant revenues generated by the activity. Specialists estimate that the regulation will generate around R$ 3 billion a year (just over $588 million) for the State, in addition to R$ 2 billion ($392 million) from the sale of operating licenses. The World Cup alone will move more than 20 billion reais in bets in the country ($3.92 billion). Although the tournament will be held…

In this new column, Ayvar Gabidullin, Head of Business Development at Slotegrator, shares insights about the iGaming steady growth from Dmytro Taran, COO of Slotegrator, and gives a rundown of what technologies are already in use, as well as which ones could radically change the industry in the near future. This analysis covers blockchain, PWA features, Big Data, and VR/AR. The online gambling market continues to grow steadily. According to European Gaming, the size of the global casino market was estimated at almost $546 billion in 2021. The CAGR over the forecast period is expected to be 5.79%, reaching almost $765 billion…