Author: OnlineGamblingDaily

The 8th Civil Court of Santiago announced that it has initiated the judicial reorganization procedure filed at the end of January by Enjoy, a major operator in the gaming sector in Latin America, and granted the company the financial protection provided by law until April 24. In a communication from the company to the Financial Market Commission (CMF), the operator indicated that the reorganization process will be in charge of the lawyer and overseer Juan Ignacio Jamarne, who will be responsible for conducting the instance with the creditors. It should be noted that on January 29, Enjoy informed the CMF…

The Indian Gaming Association and iGaming Business have teamed up to launch the DigitalPlay Summit, an event set to connect the expertise of U.S. tribal and commercial operators with stakeholders from the world of online sports betting and iGaming sectors. Taking place from April 10 – 11 at the Indian Gaming Tradeshow & Convention in Anaheim, California, the summit “will help shape the future of the North American gambling industry,” according to the parties. Brands including AGEM, Geocomply, and Everi have already confirmed their presence in the DPS’ dedicated section on the show floor, with a host of other industry…

New York State Senator Jessica Ramos said she could soon decide on whether to back or not the plan to build a casino complex in Northeast Queens, proposed by New York Mets owner Steve Cohen. Cohen has bid to build a casino, park, and entertainment complex on the parking lot adjacent to Citi Field ballpark which, if approved, would use one of the three available downstate casino licenses.  Ramos, who held her third and potentially final town hall on Cohen’s $8 billion casino pitch on Wednesday, has the power to make or break the project, as reported by local media,…

Elon Musk has done it again. The world’s richest – and boldest man – has successfully implanted a chip into a human. So is he ready to blow our minds? In his own words, the patient is recovering, but the results are yet to be seen. What seemed like science fiction a decade ago or a conspiracy theory a few years ago is now a reality, and we can’t tell whether we should be excited or fearful. So, before we make up our minds, what exactly is Neuralink’s brain chip? What is Neuralink’s brain chip? Neuralink was launched in 2016…

Yea, you heard us. The Vegas Super Bowl betting shattered the all-time sports betting record. We know, we know… big surprise that the gambling capital of America took in more on this game than any other. Over $185 million, according to the Nevada Gaming Control Board, far surpassing the previous state record of $179 million. Nevada’s 182 sportsbooks raked in a $6.8 million victory during the game, securing a 3.7 percent hold, which stands as the fourth-lowest win percentage in the past decade. According to the Las Vegas Review-Journal, the Chiefs garnered heavy support from the betting public, resulting in…

Scratch cards, those little tickets of mystery and potential fortune, have been a gambling staple for ages. Not just physical scratch cards, either. Many online brands, such as Gxmble Casino, have an entire library of scratch-off tickets to choose from. Like a treasure hunt in your pocket, they promise instant gratification and a sprinkle of thrill. This guide will cover some of the strategies and tactics to help maximize the winning chances of those who have an itch – or, rather, scratch – for gambling. Understanding Scratch Cards At their core, scratch cards are straightforward. They are typically small, paper-based…

Lithuanian MPs on Monday registered amendments to the Gambling Law seeking to further tighten gambling advertising in the country as of 2025. Around 50 MPs, mostly from the ruling majority, have signed the amendments proposing to prohibit the dissemination of information about the gambling companies sponsoring any public events, activities, natural or legal persons. If the amendments are adopted, they would eliminate the advertising of betting, wagers, and casinos on television, in newspapers, magazines, or news websites, and on street billboards. Additionally, the names and logos of gambling operators could appear on the jerseys of athletes and in arenas during…

Monte-Carlo Société des Bains de Mer announced that it, in its luxury establishments Casino Cafe de Paris and Casino Monte-Carlo, has added EGT gaming equipment. Visitors to the two gaming facilities now have the opportunity to try for the very first time the slot cabinets of the G 50-50 C VIP model, which are supplied with the popular and already proven games from Blue, Green and Red General HD multigame mixes. Players are able to earn additional winnings thanks to Coin Jackpot, that made its successful debut at Casino Cafe de Paris last year and has been demonstrating excellent results ever…

BetConstruct has announce the start of B.F.T.H. Arena Best FTN Game Awards 2024, presenting nominations and a new prize pool of 3 333 000 FTN. Starting from February 6 the submission process for B.F.T.H. Arena Awards 2024 is officially open, setting the stage not only for seasoned professionals but also for aspiring game creators and designers to unveil their talents and seize the chance to win BIG. The B.F.T.H. Arena 2024 features another batch of 3 333 000 FTN to be distributed towards the promotion of the new winning games. While the number nominally stayed unchanged, it extended to over…

The prospect of online sports betting in Hawaii has moved a step closer to realization with a crucial development. On Wednesday, the House of Representatives Committee on Economic Development gave its approval to House Bill 2765. The bill, designed to oversee online sports betting in Hawaii, received the green light alongside essential amendments. Sponsored by Rep. Daniel Holt, the same lawmaker behind HB 2762 advocating for casino gambling in the state, the bill sets the stage for a hotel and casino establishment on Oahu, media reports say. Both bills secured approval through a split 5-2 vote, leading them to be…

Australian casino operator Crown Resorts has given CEO Ciaran Carruthers a clean slate after investigating into allegations that he went against the decisions of the casino’s security officers regarding the removal of intoxicated customers.The internal probe, initiated in December 2023, focused on claims that Carruthers permitted the re-entry of patrons into the Melbourne casino after they were initially removed by security personnel, Reuters reported.”The recent investigation by independent, external counsel initiated by the Crown Resorts Board is now complete and found that no regulations or laws were breached by the Crown Resorts CEO with respect to the complaint filed,” William McBeath, Chairman…

Red Rock Resorts saw its net revenues grow 3.6%, or $60.3 million, to $1.72 billion in 2023, from $1.66 billion in 2022. It’s net income stood at $337.8 million in 2023, which is a decrease of 13.5%, or $52.6 million, from $390.4 million in 2022. Adjusted EBITDA  increased 0.3% to $746.0 million from $743.9 million in 2022.  For the fourth quarter of 2023, the company witnessed net revenue growth of $462.7 million, marking an increase of 8.8%, or $37.2 million, from $425.5 million in the same period of 2022. Net income decreased 36% to $108.9 million during the quarter, from $170.2 million in the same period of last year. In Q4, Adjusted EBITDA…

Boyd Gaming has unveiled its Q4 2023 earnings report, reaching $954.4 million in revenue during the period, an increase of 3.4% from the same period last year, this was due to growth in the online segment. Meanwhile, for the full year 2023, the company reported revenues of $3.7 billion, up 5.2% year-on-year and an all-time high.   However, net income for the fourth quarter of 2023 amounted to $92.6 million, or $0.94 per share, which marks a decline from the $172.7 million, or $1.63 per share, recorded for the same quarter in 2022. Adjusted EBITDAR for Q4 was $355.5 million,…

Pragmatic Play announced that it is enhancing its standing in Argentina by going live with City Center Online. Taking its Slots portfolio to the online casino, City Center Online’s players can now enjoy hits like Sugar Rush and Gates of Olympus as well as more recent releases such as Pub Kings and Mustang Trail.  This latest agreement follows a series of partnerships that Pragmatic Play has struck across the regulated LatAm markets, combined with several regional industry awards, further cementing its position in Latin America.  Victor Arias, Vice President of Latin American Operations at ARRISE powering Pragmatic Play, said: “We are delighted…

Yaamava’ Resort & Casino in San Manuel, California, has earned Star Awards in three categories for the second consecutive year in the Forbes Travel Guide. The Serrano Spa earned a Forbes Travel Guide Five-Star award, and The Pines Modern Steakhouse and Yaamava Resort each earned a Forbes Travel Guide Four-Star award. Kenji Hall, General Manager of Yaamava’ Resort & Casino, said: “We are honored to be recognized for the excellent hospitality we prioritize every day. The Serrano Spa, The Pines Modern Steakhouse, and Yaamava’ Resort represent the exceptional, elevated experiences that our guests have come to expect.” “We are grateful…

Maryland’s casino industry encountered a notable downturn in January 2024, as revenues from the state’s six casinos plummeted by 8.4% compared to the corresponding period last year.  Official records indicate that the total revenue generated from both slot machines and table games amounted to $153,243,316, marking a decrease of $14,027,082 from January 2023. This decline in gaming revenue correspondingly resulted in diminished contributions to the state, totaling $63,154,392. This figure reflects a substantial decrease of 10.6% from the previous year.  Notably, the Education Trust Fund, a vital recipient of casino gaming revenues, received $45,649,309, experiencing an 11.2% decline from January…