Author: OnlineGamblingDaily

The northern German city of Bremen is planning to shut down all of its betting shops after the interior senator said owners had failed to convince officials that the establishments were not fronts for money laundering. The shops have a week to appeal the decision. Officials for Bremen, which is Germany’s smallest city-state, announced Wednesday that rejection notices have been issued to 32 establishments that had applied for betting licenses under the new Fourth Interstate Gambling Treaty, reports The Guardian. This implies any bets placed on their premises would with immediate effect be deemed illegal. The city’s betting shops have…

Members of the UK’s union Unite employed by Grosvenor Casinos are to be balloted for strike action in a dispute over pay raises. The workers who are based at the company’s central London casinos are balloting as a result of what the union calls a pay cut disguised as a pay increase. The company is offering to raise the wages of its lowest paid staff to the London Living Wage of GBP 11.20 an hour. However, the union argues that staff who are paid more than that hourly are only being offered a 4.3% increase, which Unite alleges is a…

The Massachusetts Gaming Commission has shared a draft version of an unreleased study of sports betting frameworks, revenues and social outcomes to House and Senate negotiators working to resolve their differences around the issue. The move comes as Massachusetts House Ways and Means Chairman Aaron Michlewitz expressed hopes of a compromise in the remaining days of the session. Six lawmakers have been talking since early June to find a compromise between the sports betting bills the House and Senate passed respectively. The conference committee tasked with hammering out an agreement has until Sunday, when the session ends, to reach a consensus.…

Affilka by SOFTSWISS is celebrating a significant business milestone with the addition of 150 clients to its portfolio after four years of activity. These results “prove that the industry community highly appreciates the team’s expertise and provides a fertile ground for further strengthening the product’s position among competitors,” the affiliate marketing platform stated.  Over the past two months, Affilka has gained 10 new clients, including crypto brands BitSpinCasino by Bitcoin.com, Flush.com, Jeetcity Casino and others. “All of them have seen the benefits of the SOFTSWISS affiliate marketing platform, offering an easy integration process for clients working with both SOFTSWISS and…

Gaming provider Zitro announced Thursday the premiere of Wheel of Legends at the Orenes Grand Casino Murcia, located at the Odiseo complex in that Spanish city. The company’s new multi-game is available on the Altius Glare cabinet, with a visual quality “never seen before in the industry”.  The cabinet’s design includes a 55″ screen, combined with a 27″ Full HD screen that provides space for 4K graphics and a smart LED halo. Meanwhile, Wheel of Legends is described as “aesthetically appealing” by the company, with its visuals and high-quality sound effects making it “a top choice” among slot players. Gregorio…

Reports that the Dutch theme park Huis Ten Bosch in Japan’s Nagasaki Prefecture may be sold have led to uncertainty about the fate of a planned casino resort at the site. Travel agency H.I.S., the largest shareholder, has said it is negotiating with several entities. However, no timeline for a possible sale, nor the conditions under which the park might be sold have been announced. The latest news rose concern about the fate of Huis Ten Bosch’s integrated resort, expected to open in the autumn of 2027, reports Japan Times. The theme park, which opened in 1992 in the port city…

After weeks of negotiations, it was confirmed on Wednesday that Resorts has reached an agreement with Atlantic City’s casino workers union, Local 54 of the Unite Here, thus leaving only one of the destination’s nine casinos without a new labor agreement.  Golden Nugget, the remaining property, will sit down at the bargaining table Thursday with the union, and a deal is expected to be reached during that negotiation. Should a contract not be reached, a strike has been authorized by the union for July 30.  THE VOTES ARE IN: Hundreds of casino workers cast ballots today and 97% have voted…

Gaming company and horse racing giant Churchill Downs Incorporated has reported its business results for the second quarter of the year. For the period, CDI posted record net revenues of $582.5 million, up from $515.1 million in Q2 2021; and a record net income of $339.3 million, more than triple the $108.3 million in the comparable quarter last year. Momentum was driven by the Kentucky Derby at Churchill Downs Racetrack. During the quarter, the company’s live and historical racing segment delivered record revenue and Adjusted EBITDA, with the latter up 67% compared to Q2 2021. Additionally, the company posted an…

So you like to gamble? Then what would you wager on the odds of a Major League Las Vegas baseball team? Well, if you’re purely playing the odds, things are looking better and better for Sin City all the time. Nevada has already managed to lure one team away from Oakland: The NFL’s Raiders, who made the move a few years ago. That followed the success of a Las Vegas expansion team for the National Hockey League. And it’s important to note that the Raider’s move occurred in a similar situation to what the Oakland Athletics are facing now. Several…

Underdog, a paid fantasy sports company based in New York, closed a Series B round of fundraising totaling $35 million. The round, which includes funds and accounts managed by BlackRock and Acies Investment, values the company at $485 million. Over the next year, Underdog plans to build “innovative” licensed sports betting products, and hire over 100 new employees. BlackRock and Acies Investment join existing investors Mark Cuban, Kevin Durant, Trae Young, Odell Beckham Jr., Breon Corcoran (ex-CEO Paddy Power Betfair/Flutter), Mitch Garber, Eilers & Krejcik, Liontree Partners, Kevin Carter, Mark Pincus (founder of Zynga), SV Angel, The Chainsmokers, Kygo, Steve…

Macau’s Government is considering mandating the presentation of a nucleic acid test (NAT) result to enter commercial establishments in the future, according to Leong Iek Hou, the head of the Communicable Disease Prevention and Control Division of the Health Bureau (SSM). The measure comes as the gaming hub reported zero confirmed cases of Covid-19 for the third day in a row, with the total cases, including those in quarantine, down to single digits. However, strict Covid measures remain in place. On Saturday, casinos were allowed to reopen after a nearly two-week shutdown mandated in an effort to stop the spread of Covid-19. Although…

BGaming announced Wednesday its software development team is improving its games’ loading time with a new image compression algorithm, which has reduced the company’s game portfolio’s weight by 55% by compressing games’ graphics with zero or minimal quality loss.  “This innovation can help to overcome troubles with players’ slot internet connection and VPN limitations”, BGaming stated in an official press release. “The game file size reduction directly impacts the loading time, an essential customer service KPI in online casinos nowadays”. Depending on the original image size and type, the algorithm determines the accepted quality loss level and compresses the image accordingly.…

iGaming industry provider Pragmatic Play announced Wednesday the launch of its latest title, Boom City, thus expanding its Live Casino offering. Boom City showcases a 6×6 grid, with players placing bets across the 36 squares, and wins being awarded through the roll of two dice. These can grant one of three bonus games, award an instant cash prize and enhance winnings further through a Power-Up feature where squares are randomly multiplied.  Throughout Boom City, instant cash prizes are displayed on the game grid – Bronze prizes award a 1x multiplier, Silver denotes a 2x prize, and Gold represents a 5x win while…

MLB’s New York Mets owner Steve Cohen is reportedly ramping up efforts to secure one of three commercial casino licenses that have been made available for downstate NY. The businessman has been described as seeking to gain support from Mayor Eric Adams and Queens officials for his plans to partner with a casino operator. Sources further told New York Post that Cohen is eyeing redevelopment prospects around the Citi Field stadium in Willets Points. He has also reportedly started vetting several casino owners for his license push over the last few weeks, working with investment bank Union Gaming to choose…

Who better to track gambling in America than our friends at the American Gaming Association? And their statistics seem to indicate that we could be looking at record revenue numbers for 2022. It makes sense. After all, there are more states legalizing different forms of gambling than ever before. Not only is sports betting exploding, but the successful regulation of betting on sports has had the additional effect of expanding online gambling. And now, the AGA’s Commercial Gaming Revenue Tracker has tallied the numbers for the first part of the year. Those figures show that gambling in America is up…

Kambi Group announced Wednesday its financial results for the second quarter of 2022, which showed the company’s revenue amounted to EUR 34.7 million ($35.2 million), a 19% drop year-over-year; and EUR 71.5 million ($72.5 million) for the first half of the year. The operating profit (EBIT) for Q2 was EUR 4.9 million ($4.96 million) at a margin of 14.1%; and EUR 12.2 million ($12.3 million) at a margin of 17.1% for the first semester.  During the period, operator turnover increased by 16% when adjusting for the migration of DraftKings, leading to the final revenue in the second quarter. The company…