Author: OnlineGamblingDaily

Macau’s gross gaming revenue faced a decline in February compared to the previous month, reaching nearly MOP18.5 billion (US$2.3 billion), despite a bustling Golden Week attracting tourists to the city. The region had recorded MOP19.34 billion ($2.4 billion) in gaming revenue in January, propelled by a surge in mass-market momentum. Data from the Gaming Inspection and Coordination Bureau revealed a 79% revenue increase from the previous year, indicating a 73% recovery compared to pre-pandemic 2019. Industry projections by Sands China’s Wilfred Wong and brokerage JP Morgan for February fell short, with Wong suggesting Macau’s potential to generate up to MOP20…

The progressive jackpot at BetMGM in New Jersey has hit a record high, reaching over $4 million and becoming the largest in the operator’s history. Players can win the progressive jackpot by playing online in New Jersey at BetMGM, Borgata, Wheel of Fortune Casino, and Party Casino. BetMGM’s progressive jackpot pool “The Big One” consists of exclusive in-house produced games by Entain. Nineteen slot titles offer players the chance to win the $4 million progressive jackpot that grows each time the game is played but the jackpot is not won.  Some of BetMGM’s exclusive progressive slot titles include MGM Grand Millions,…

Cathy Judd-Stein, Chair of the Massachusetts Gaming Commission, will retire from public service upon the completion of her term on March 21, 2024, announced Governor Maura Healey on Friday. The administration will initiate a search for her successor, with applications open until March 18, 2024. Governor Maura Healey said: “Cathy Judd-Stein led the Massachusetts Gaming Commission through a critical time for the industry, from the COVID-19 pandemic to the launch of sports wagering. “We are grateful for her many years of service to the people of Massachusetts and wish her the best in her retirement. Our administration looks forward to…

Lottomatica Group has reported robust financial results for the full year 2023, achieving its corporate objectives set for the year. The company, poised to become Italy’s leading gambling operator through the acquisition of SKS365 Group, disclosed corporate revenues of €1.63 billion ($1.76 billion) for the year. This marks a 12% increase from the €1.49 billion ($1.61 billion) recorded in the fiscal year 2022, surpassing the expectations set by its initial public offering (IPO) on the Euronext Milan exchange. Throughout the eventful year, which included the aforementioned IPO in April, Lottomatica experienced a notable impact on its earnings. In the third quarter…

Look out! We’ve got a hot slot here! It’s the new Hot Gems Xtreme from our friends at Playtech! It features Colossal 2×2 and 3×3 symbols which land all across the 6 cascading reels! This fast paced game has flaming Mystery Symbols that Walk and Transform! Plus, exploding TNT symbols, a Bonus Round, Wilds, Scatters, and Free Spins! Join the happy prospector on his quest for slot riches in the thrilling Hot Gems Xtreme online slot from Playtech! With six reels and an impressive 4,096 ways to win, this mining-themed adventure introduces the groundbreaking Ways Boost system which can expand…

Global bookmaker 1xBet has announced that it will take part in the SBC Summit Rio 2024 exhibition, billed as the largest event of its kind in Latin America, which will be held from March 5 to 7 at the Windsor Convention & Expo Center in Rio de Janeiro, Brazil. 1xBet has become the event’s Premium Sponsor and invites guests to visit its stand to meet company top managers and learn more about the 1xBet affiliate program. “We are waiting for old friends and potential partners at booth A240 to listen to our colleagues’ wishes, talk about industry news, and share plans…

Lawmakers in the Virginia Senate have opted to postpone a decision on a bill that would permit sports betting on Virginia colleges until the 2025 legislative session, following extensive discussions and deliberations. The bill, introduced by Sen. Schuyler VanValkenburg (D-16) on January 4th, aimed to amend existing legislation to allow sports betting on Virginia colleges, a practice currently prohibited despite the overall legal status of sports gambling in the state since January 2021. While the proposal garnered initial support, having passed the General Laws and Technology Committee on January 24th, it faced a setback when the Finance and Appropriations Committee…

The initial wave of the Gambling Survey for Great Britain (GSGB) has unveiled key insights into gambling participation trends. According to the findings, overall participation in any form of gambling activity stood at 48%. However, when excluding individuals who solely engaged in lottery draws, the participation rate dropped to 27%. Online gambling emerged as a popular choice, with a participation rate of 38% in the last four weeks. Yet, when lottery players were excluded, the rate fell to 16%. In contrast, in-person gambling registered a participation rate of 29%, declining to 18% without lottery players. The Wave 1 data was collected…

Multinational gaming company Codere Online saw its total revenue grow 32% to €46.9 million ($51 million) in the fourth quarter of 2023, while net gaming revenue reached €50.1 million ($54.2 million) during the period, up 33% from Q4 2022. Driven by the record quarterly net gaming revenue, full-year revenue jumped by 40 percent to €171.9 million ($185.7 million).Overall revenue from Mexico reached €22.6 million ($24.5 million) in Q4 2023 and net gaming revenue stood at €25.1 million ($27 million) in the period, 54% above Q4 2022. For the full year, it amounted to €81.7 million ($88.2 million), a 60% rise. Revenue and…

A campaign aiming to legalize sports betting in Missouri is gaining significant traction, with more than half of the required signatures collected to place the initiative on ballots this November. Winning for Missouri Education, a coalition representing the state’s six professional sports teams, announced on Tuesday that over 100,000 initiative petition signatures have been gathered. To secure a spot on the ballot, the campaign needs to collect about 180,000 signatures and submit them to the Missouri Secretary of State’s office by May 5, a goal they anticipate surpassing with a target of over 300,000 signatures.  “We are seeing strong support…

iGaming content provider Play’n GO has launched Legion Gold Unleashed, a sequel to its successful 2023 slot Legion Gold.The new installment continues the narrative from the first game, inviting players to rejoin the garrison across the Mediterranean. The mission remains to amass wealth and fortify the Roman Empire’s frontier. Thematically, Legion Gold Unleashed draws parallels with other historical action titles in the supplier’s portfolio like Game of Gladiators: Uprising (2023), Gates of Troy (2022), and Rise of Gods: Reckoning (2022). The company decided to release the sequel in response to the positive reception of the first installment, which was known for its…

 February 29, 2024 We all know that the days of the Mirage Volcano attraction are numbered. Still, it will be good when they turn the show back on tomorrow, Friday March 1st. But no one knows for certain how much longer we have to enjoy it. According to the resort, the famous Strip attraction will operate nightly from 8 p.m. to 11 p.m. with shows on the hour. The volcano was shut down for the Las Vegas Grand Prix in November, and again in February while Paramount used the space for the interactive Paramount Mountain during Super Bowl week. Hard…

The Georgia Senate has taken significant steps toward expanding the state’s gambling landscape, with two separate proposals – one seeking to legalize sports betting and another one also calling for casino gambling – gaining traction in legislative chambers. In a move that could potentially pave the way for legalized sports betting, the Senate approved Tuesday a state constitutional amendment allowing voters to decide on the matter in November. Senate Resolution 579 garnered support with a 41-12 vote, marking progress for advocates of regulated sports gambling in Georgia. Under the resolution, 80% of taxes generated from sports betting would be allocated…

The Danish Gambling Authority achieved a legal victory in Næstved court, resulting in the blocking of 83 illegal gambling websites. This marks the 10th time the Authority has gone to court for this reason, escalating its efforts to combat illegal online gambling. Since 2012, the Authority has targeted unauthorized websites catering to Danish players, resulting in a total of 359 blocked sites. The websites offer games such as betting and online casinos to Danes without permission. This year’s record-breaking blockade of 83 sites underscores the Authority’s commitment to curbing illegal gambling, with plans for biannual interventions in 2024. The Danish Gambling…

In a bid to streamline the casino industry, Sri Lanka has introduced amendments to its casino licensing regulations, imposing minimum investment thresholds and revising fee structures.  The move, effective from January 1, 2024, marks a shift in the country’s approach to integrated development projects, and follows the submission of ten casino applications. Sri Lanka currently has six operational casinos: Bally’s, Bellagio, Casino Marina, Stardust, Continental Club, and The Ritz Club. The revised Casino Business Licensing Regulation No. 01 of 2022, issued by President Ranil Wickremesinghe in his capacity as the Minister of Finance, aims to increase accountability and sustainability in…

It seems like just yesterday that the Vegas Sphere announced the U2 Vegas residency that would help open the venue. And now here we are, just five months and 40 shows later, talking about them leaving town. Sort of sad, really. The band’s UV Achtung Baby Live concert series is officially closing, with the final performances scheduled for March 1st and 2nd. There are a few tickets left, if you really want to go. But be prepared to shell out over $1,000 a seat. Originally, the U2 Vegas residency was slated for a mere 25 shows. However, demand for the…