Author: OnlineGamblingDaily

Heavyweight UK bookmaker Betfred has taken a significant step forward in South Africa through a partnership with LottoStar (Pty) Ltd., the country’s largest online betting company. Betfred has now taken a majority shareholding in the business, which offers fixed-odds numbers betting and live games on its online platform. “LottoStar has quickly developed itself as a leading brand, recognized nationally across South Africa after high-profile marketing campaigns and their continued efforts to uplift and rebuild communities through their Corporate Social Responsibility initiatives across SA,” Betfred describes the South African business in a press release. The move is expected to further add…

The Nevada Gaming Commission has delivered an $80,000 fine to Station Casinos Inc. and its parent company Red Rock Resorts after the business failed to prevent its sportsbook app from taking wagers after events had taken place. The fine followed a unanimously-approved settlement with the company Thursday after a two-count complaint concerning glitches in its sports wagering system at its Las Vegas Red Rock Resort.  Station did not confirm or deny allegations made by the regulator in a 13-page complaint originally filed in September with 348 wagers on events with already known outcomes. The company initially planned to contest the…

Gaming industry provider Merkur Gaming attended the recent Gaming in Holland (GIH) Conference & Expo, which took place on June 20-21 at the Jaarbeurs expo center in the city of Utrecht. “The Netherlands has always been an important market for the Merkur brand, in terms of both the arcade and casino sectors,” the company stated in a press release, in which it reflected on its “major presence” at the expo. Holland’s current climate of positive regulation being provided by the Netherlands Gambling Authority (KSA), chaired by René Jansen, has led Merkur “to become a strategic partner of Gaming in Holland (GiH),”…

Sports betting is booming, but nothing new. It has been around for centuries, with the first recorded bet being placed on a horse race in 16th century England. However, sports betting has undergone something of a renaissance in recent years, thanks to the growth of online gambling platforms and the increasing popularity of sports such as football and basketball in countries across each continent. And this trend looks set to continue in 2022, with sports betting expected to boom globally. In 2022, it is estimated that sports betting will generate over $1 trillion in revenue. This is a staggering figure,…

Info-Tech Research Group has published a new industry trends report about crypto, NFT’s, and online gambling, and how they effect the future of casinos and their need for digital transformation. The report is timely, as the effects of the pandemic are still apparent to casino operators, most notably with a shortage of labor and skilled labor, health and safety concerns, and the prominence of online gaming and its effects on brick-and-mortar casino floors. Info-Tech’s findings reveal that the casino industry is at the precipice of significant change. Operators need to consider what is happening in the external environment that directly…

EGT Peru has announced a large-scale agreement for the sale and installation of more than 300 Premier Series cabinets equipped with Collection Series multigames with one of the “key local players.” The Peruvian office of the Bulgarian manufacturer confirmed the agreement on Thursday, after closing a similar deal in March with another major casino operator in Peru. The company also stated that the cabinets are already available to visitors of the operator’s gaming establishments throughout the country. Mario Trayanski, director of the office in Peru, said: “We are delighted with this new collaboration with our long-term partner. We really appreciate the…

iGaming expert and software provider SOFTSWISS announced Thursday that its SOFTSWISS Sportsbook has taken another step to gamify sports betting by launching a new bonus type. The novelty is “another tool to gamify the online betting process and increase player engagement,” the company stated in a press release. They further explained that the ‘Hunting Tournaments’ are the first of their kind in the sports betting market, explaining that “the combination of simple rules and captivating mechanics make the feature a true must-have for online betting brands looking for innovative instruments to attract new players.” The tournament starts with the announcement of the prize…

Blackstone announced Friday it has completed the acquisition of Australian gaming giant Crown Resorts Limited, the largest transaction to date for the firm in the Asia-Pacific region, comprising three premium resort and casino properties in Melbourne, Perth and Sydney. The buyout was priced at AUD 8.9 billion ($6.2 billion), starting Crown afresh as an unlisted Australian entity. Billionaire James Packer, the majority shareholder of the company, has now exited the business. Following the transaction, the mogul reflected on his tumultuous period at the helm -which included several governance failings and money laundering allegations at the company’s properties- praising what the…

The global iGaming and Affiliate industry is set to reunite at the upcoming iGB Live! edition, to take place on July 5-8 at RAI Amsterdam, Netherlands. Among the 250 exhibitors expected at the major event is BGaming, with the online gaming provider ready to showcase some of its latest products and engage in productive conversations with clients and peers. “iGB Live! has always been one of the most significant and most influential events to find new partners and make a step forward to strengthen contacts with current ones,” Marina Ostrovtsova, Executive director of BGaming, tells Yogonet ahead of the expo.…

After the Nevada Gaming Control Board’s unanimous recommendation of a license earlier in June, the Nevada Gaming Commission has now given the necessary final regulatory approval for Legends Bay Casino in Sparks, scheduled to start welcoming customers in late summer. In the meantime, Olympia Gaming CEO Garry Goett told commissioners the $120+ million casino is in the process of hiring some 300 employees ahead of the opening, marking the first all-new, from-the-ground-up casino development in the Reno-Sparks metropolitan area in more than two decades. The job hiring events will take place from July 13 through August 2, with available positions…

Gaming and sports betting consultancy SCCG Management announced Tuesday a partnership with the Singapore-based software company, Wynta, to distribute their tracking and attribution software within the North American gaming markets. The award-winning Wynta platform is a SaaS affiliate marketing software in the iGaming space, catering to online businesses across markets and verticals. Stephen Crystal, Founder, and CEO of SCCG Management, said: “We are pleased to be partnering with this ‘best in class’ solution for Tracking and Attribution. The team at Wynta, equipped with over 30 years of collective expertise in associated industries, created an innovative platform to present advanced technology and ground-breaking features…

A U.S. Supreme Court ruling last week that favored tribal casinos in Texas could potentially have other ramifications for the state’s gaming landscape, a jurisdiction where giant Las Vegas Sands has been unsuccessfully attempting to legalize commercial casinos since the mid-2000s. The decision, which favored the Tigua Indians of El Paso -formally known as the Ysleta del Sur Pueblo-, was deemed a victory for the Native American tribe in its decades-long legal fight with the state over the use of electronic bingo games on tribal land. The ruling allows the tribe to operate bingo at their El Paso entertainment center.…

European Lotteries (EL) called for consumer protection and clear guidelines on digital developments in the gambling and gaming sector, as the rapid growth of technologies of digital transformation such as artificial intelligence and new forms of online entertainment continue to emerge. EL’s call was made during a special event in the European Parliament on Wednesday. A legislative framework on AI and an own-initiative report of the European Parliament related to eSports and videogaming and consumer protection are being prepared by the EU institutions. Although these can be used to enhance player experience, they are expected to “come with responsibilities”, as…

iGaming multi-product supplier Pragmatic Play announced Thursday it has released the fifth installment of its “Big Bass” series with the launch of “Big Bass Splash”.  Even though “Big Bass Splash” is again home to the symbols present in previous iterations, the game presents an updated art style. These include tackle, rods and bait, however, the game’s 5×3 reels and 10 paylines are also home to a new high-paying monster truck symbol and the return of the instant cash awarding fish.   Whenever two Scatters land in the base game, a nudge feature is activated with reels containing a Scatter moving down one place and…

After Macau lawmakers approved the new gaming law Tuesday allowing six licenses for 10-year periods, brokerage JP Morgan said in a note that they expect the new public tender for Macau’s gaming licenses to commence in late July or August, basing its expectations on the timeline of 2001. Furthermore, they stated that the result of the tender process may be announced by November.  In the note, analysts DS Kim and Livy Lyu remarked: “We recall, for the original concession 20 years ago, that public bidding kicked off around 40 days after the [original] law was passed and lasted for about three months.” “Based on…

International Game Technology (IGT) announced Wednesday that it has been awarded a gold medal sustainability rating from sustainability rating agency EcoVadis. This gold medal rating positions IGT among the top 5% of global companies assessed by Ecovadis for its comprehensive sustainable business practices. IGT’s sustainability program was assessed under the EcoVadis criteria using 21 benchmarks within the categories of environment, labor and human rights, ethics, and sustainable procurement. EcoVadis methodically evaluates environmental, social, and ethical performance using these international sustainability standards for companies worldwide. “As a leader in global sustainability for over 15 years, IGT has a thorough understanding of the…