Author: OnlineGamblingDaily

Euro Games Technology (EGT) announced Monday that its newest slot model G 50-50 C VIP has made its debut in Northern Cyprus. The Concorde Tower Nicosia and Concorde Bafra casinos are the first gaming establishments to install the cabinets -“the most highly-potential slot models of the latest General Series of EGT”- in the region. The cabinets installed are supplied with the titles of the Green General HD multigame mix, offering 50 games from the Bulgarian manufacturer’s portfolio. Casino Coordinator at Concorde Casino, Efe Onur Sidal, stated: “These cabinets are really impressive. They caught the attention of our guests right from the start with their attractive outlook with…

 July 18, 2022 Several weeks ago we reported on some interesting moves from Tilman Fertitta. Now, the Las Vegas Travelodge and an adjoining strip shopping mall have been closed in what looks like the next step toward a new Strip Casino. Fertitta owns the Golden Nugget Casino on Fremont Street, as well as others around the country. Near the end of April, he purchased 6 acres on Las Vegas Boulevard across the street from City Center. Speculation was that the $270 million purchase could be developed into a new casino. Now, the strip shopping center and Las Vegas Travelodge currently…

The Majestic Moon Triple Sparkle slot machine is a 5 reel, 3 row game packed on the award-winning KX 43 and Opus cabinets from Konami Gaming. The Majestic Moon slot is just the latest addition to the player favorite Triple Sparkle family. Konami has many Triple Sparkle slot machines, but in this video we take a look at the Majestic Moon Triple Sparkle! The game comes with three bet options, each level consisting of 40 credits plus a 20-credit “Xtra Reward” ante bet. Wagers are thus limited to 60, 120 or 180 credits, and the Sparkle Feature is only active…

Shares in firm Genting Singapore jumped after reports surfaced that the city-state’s casino operator is attracting takeover interest. US giant MGM Resorts International allegedly recently approached the company’s controlling shareholder -the billionaire Lim family- to express interest in a potential deal. Genting Singapore’s stock price rose as much as 9.3% on Friday -which represents the most in nearly two years- before trading was halted following a query from the local exchange. Initial reports of the supposed takeover approach were delivered by Bloomberg News, which credits the return of tourists to the Asian travel hub as a potential source of interest…

Following UK Prime Minister Boris Johnson’s resignation, which came as a consequence of a decimated party that also saw the exit of Gambling Minister Chris Philp, proposals to reform gambling laws have been once again postponed. This is the fourth time the amendment gets pushed back, and campaigners warn the delay could “cost lives.” The Guardian reports that advisers to the Prime Minister concluded that a White Paper, which was scheduled to be published next week, could not go ahead until a new leader of the Conservative party was elected to replace Johnson.  The delays also come amid an alleged…

The Brazilian iGaming Summit (BiS) held its second edition last month in downtown São Paulo, drawing nearly 2,000 people and gathering more than 35 exhibitors and sponsors. One of them was Skilrock Technologies, and Yogonet was able to speak with Sujit Lahiry, Executive Director & Board Member, who noted BiS has “quickly become a milestone event” for the region. He said Brazil is a “country of continental dimensions” and that state lotteries will play “an important role in bringing capillarity” to the vertical in this Latin American jurisdiction. “We are sure that the Latam region will play a very important…

Trade event iGB Live!, which took place at the RAI Amsterdam between the 5th and the 8th of July, has set a new attendance record, attracting a record of 5,022 industry professionals. The figure represents a 7% uplift on the previous best of 4,694 set in 2019 and a 31% uplift on 2021 when iGB Live! was the first major in-person gaming event to open post-Covid. Reflecting on the event, Portfolio Director Naomi Barton said: “Of course, it’s not just about the numbers. The real measure of success will be evidenced in the post-show research that we conduct with both visitors and exhibitors and the…

The pandemic challenged the gaming industry. And while Vegas has recovered nicely, Station Casinos has had to make some difficult choices. Now, the decision has been make to demolish three of their properties. Texas Station, Fiesta Rancho and Fiesta Henderson have all been closed since the pandemic began. But as other casinos were able to reopen in the aftermath, those sites have remained shuttered. Their customers have moved on to new sites, making the ultimate decision to close them forever a simple one. The land those casinos occupied was over 107 acres of prime real estate, which will be sold.…

WarHorse Gaming received Thursday approval from the Nebraska Racing and Gaming Commission to begin construction on a temporary casino at the Lincoln Race Course that will have up to 300 slot machines. The developer targets an opening in two months. The entity is formed by Ho-Chunk Inc. —the economic development arm of the Winnebago Tribe of Nebraska— and the Nebraska Horsemen’s Benevolent and Protective Association. The two partners are currently operating under a provisional gaming license the commission issued to them last month after they became the first entity to officially apply for a casino gaming license in the state. Rendering for the full…

UFC and World Series of Poker (WSOP) are teaming up for a series of online and in-person fan-focused campaigns. The mixed martial arts organization is partnering with Playtika, which runs the online poker WSOP game, with the aim of merging both the poker and UFC worlds. The first partnership campaign began Tuesday inside the free-to-play poker app, with a special UFC Knockout Tournament inviting the global player community to compete for special virtual in-app rewards, including UFC-branded poker rings and bracelets. In-app activities will run over the coming months and include a wide range of UFC-related content and promotions involving exclusive participation…

The legal battle over New Jersey’s controversial casino PILOT law, which gives tax relief to Atlantic City’s casinos by removing sports and online gaming revenues from the calculation of the payments in lieu of taxes, is still in process. A Superior Court Judge will decide within the next 30 days whether the state must pay Atlantic County millions of dollars to make up for tax revenue lost as a consequence of Governor Phil Murphy signing the casino-backed tax break measure last year.  Judge Michael Blee is overseeing the legal dispute between the county and the State of New Jersey, with the…

German gaming giant Gauselmann Group announced Thursday that it is on path to achieving similarly high sales revenues in 2022 as in the pre-pandemic 2019 financial year. The first six months of 2022 closed with sales revenues at 1.746 billion euros ($1.757 billion), showing an increase compared to the pre-pandemic 1.740 billion euros ($1.751 billion) recorded in 2019. The cumulative sales revenues of all group entities that year were approximately 3.4 billion euros ($3.42 billion). Company founder and Management Board Chairman Paul Gauselmann said: “It is great news that the pandemic has bottomed out and we are finally back in charted territory again. This…

The plenary session of the Peruvian Congress approved a law creating a regulatory framework for the operation of online gaming and sports betting. The new legislation, which will come into force after being regulated by the Government through the Ministry of Foreign Trade and Tourism (Mincetur), imposes a direct tax on the Net Win of 12%. In a parliamentary debate that lasted until the early hours of Friday morning, the alternative text that combined the opinion of the Economy Commission -drafted from the proposal of Congresswoman Diana Gonzalez Palomino- with the bill presented by the Executive -validated last week by…

Arizona reported $512.8 million in sports wagers in April. The total shows a 26% decrease from the record-breaking $692 million reported in March, but still marks the third-highest handle since launch. According to official data released this month, Arizona sportsbooks won $16.5 million in gross sports betting from April’s bets, while the state gained approximately $1.6 million in sports betting taxes. Arizona Department of Gaming Director Ted Vogt stated: “Event wagering levels continue to look strong in Arizona, with over half a billion dollars wagered during April,” he said. “I am excited to see how the state closes out its first…

As reported by the Michigan Gaming Control Board, the three Detroit casinos in June reported $98.6 million in monthly aggregate revenue, with table games and slots making $98.2 million in revenue, and retail sports betting producing $448,703. The figure is down 8.8% year-on-year from the $108 million in revenue in June 2021, and down from the previous month, having posted $108 million as well in May 2022. The casinos’ table games and slots monthly revenue fell 7.2% when compared to June 2021, while also down 7.6% when contrasted with May’s numbers. However, table games and slots revenues were up 5.2% for…

Sports betting and casino platform provider Uplatform has been shortlisted for the SBC Awards. The news follows an earlier nomination at the EGR B2B Awards 2022 and, according to the supplier, it affirms the business’ status “as an industry professional with impressive market expertise.” The company has been shortlisted for two categories: Platform Provider of the Year;  and Rising Star in Sports Betting Innovation / Software. Uplatform claims the nomination recognizes its multi-featured platform, which includes a suite of management, promotional, and marketing tools, and what the company describes as “a forward-thinking approach to sports betting.” Maria Bashkevich, Head of…