Author: OnlineGamblingDaily

If you want to be a part of the final days of the Tropicana, you better get a move on. Those looking for souvenirs from the casino, whether a chip or a deck of cards, have only days to do so. The official last day of operation for the resort is being reported as April 2nd. Sadly, that last day falls just two days short of the resorts 67th anniversary. Then, the process of removing the two towers remains will begin. As of the writing of this article, exactly how that will happen has not been made public. However, most…

The SBC Summit Tbilisi is set to return to the spotlight on June 25-26 at the Sheraton Grand Tbilisi Metechi Palace, following the success of its inaugural edition in October 2023.The upcoming edition will witness 1,500 senior sports betting and iGaming executives reconvene in the heart of Georgia’s capital. The event will give its participants an opportunity to strengthen their presence in Eastern European and Central Asian markets while gaining insights into the nuances that shape the industry dynamics.SBC has renewed its partnership with SMH to organize the SBC Summit Tbilisi, continuing the collaboration that began with the SBC Summit CIS…

The Communications and Information Ministry (Kominfo) of Indonesia held a press conference on Thursday to discuss its concerns surrounding online gambling advertisements on the social media platform X, formerly known as Twitter.Semuel Abrijani Pangerapan, the Director-General of Informatics Application at the ministry, said the ministry wants to streamline the process of identifying and removing gambling content on the platform without manual intervention, VNA reported.Pangerapan mentioned that while they issue a ‘notice to take down’ for such content, it becomes cumbersome if the issue repeats. The Indonesian authority has requested the platform to develop an automatic handling system for more efficient…

Virginia legislators approved a bill on Friday that seeks to legalize skill games – slots-like betting machines that proliferated across small businesses in the state and had previously seen an intermittent ban.Pending the signature of GOP Governor Glenn Youngkin, the legislation aims to tax and regulate these devices, commonly known as gray machines due to their prior operation in legally murky areas, The Associated Press reported. Backed by a well-organized coalition, including skill game developer Pace-O-Matic and business owners hosting the games, the bill garnered support despite opposition. Many business owners said the machines had been a lifeline for their…

Quixant has announced its participation at the Italian gaming exhibition Enada Primavera, set to take place on March 12 – 14, in Rimini. At the expo, the gaming manufacturer will showcase its newly launched IQ 2 product, which the company says has been “expertly designed to meet the unique demands of the Italian VLT market.” The business described the gaming hardware platform as “a cost-effective, powerful, and reliable globally compliant platform” that, combined with its Software Suit features and support, is “ideally suited” to the needs of the market. “From delivering captivating graphics and the most immersive gameplay to robust…

The Italian Customs and Monopolies Agency (ADM) has issued a statement reminding of the legal restrictions placed on advertising gambling websites. According to the Agency, the statement was made in response to “several” online media outlets publishing articles that advertised playing online games “with cash winnings on platforms not referable to dealers,” which is illegal in the country. According to the statement, those who advertise such games can be fined and imprisoned for up to three months. “Even the participant in the bets organized by non-licensed operators can be sanctioned with a fine and arrested for up to three months,”…

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…