Author: OnlineGamblingDaily

The Indiana Gaming Commission announced on Friday that revenue from Indiana’s casinos fell for a second consecutive month in May, as inflation reaches a new four-decade high. The data released by the Commission shows that statewide casino revenue, after successful bettors were paid, totaled $211.9 million for May, an 8% decrease compared with April’s $229.1 million total. May represents the second consecutive month that revenue declined. It follows April’s win revenue drop of 11% from March’s $235.2 million statewide casino revenue after bettors were paid, as reported by the Associated Press. Gaming Commission records show that the Hard Rock Casino…

Online gaming provider CT Interactive announced Friday it will participate in the upcoming edition of iGB Live!, which will take place on July 5-8 at the RAI Amsterdam Convention Center. The company will showcase its products at stand #M50. In a press release, the company stated that it is “confident that the forum will be a great opportunity to connect and grow its presence in EMEA.” Furthermore, the provider added that it “looks forward to meeting new clients, presenting its fresh new titles and sharing great news about its new product line.” 🎯IGB Live Amsterdam is approaching, and we would like to…

Digital marketing promotions and loyalty solutions provider Snipp Interactive Inc. has appointed Adi Dhandhania to its board of directors, and Tom Burgess as President of SnippMEDIA, a new division of Snipp. Dhandhania, Chief Operating Officer, North America for Bally’s Interactive, has been named to the role as a nominee of Bally’s Corporation pursuant to its $5 million investment in Snipp, which was first unveiled in April. His appointment to the Board is subject to acceptance by the TSX Venture Exchange. Dhandhania, who has spent over a decade in the gaming and technology industry, is expected to bring experience in corporate…

The Tamil Nadu government on Friday set up a four-member panel headed by retired Madras High Court judge Justice K. Chandru to examine issues related to online gaming. The committee will submit a report within two weeks, and based on the recommendations, the administration of the southern India state will take necessary measures for the promulgation of an ordinance to regulate online gaming. The newly formed committee will work on several areas such as identifying the online games that are addictive and can lead to financial loss and disastrous consequences. The committee will also study whether these games are really involved in…

Gaming and sports betting consultancy SCCG Management announced Monday a business development partnership with Genius Gaming Consult of Kampala, Uganda, for the gaming market in Africa. Confirming the news, Stephen Crystal, Founder and CEO of SCCG, said: “We are extremely proud to be partnering with Mr. Najib Balinda, Genius Gaming’s Chief Business Development Officer – Africa, and their extended team. This group of seasoned gaming executives was a perfect fit for SCCG, both in terms of culture and vision, as we seek to build and extend the successes of the Casino Gaming, iGaming, and Sports Wagering sectors within Africa.” Crystal cited projections…

This week’s US gambling news finds that casinos, online gambling, and sports betting generated nearly $5 billion in the month of April! The second highest revenue totals of all time! On top of that, sports betting in America continues to expand and could get a huge boost as soon as next year! Hello friends! Here we are all together again! We have sports betting news from California, poker news from Las Vegas, and of course a brand new game review! But first, we have to do it: This week’s big story: Gambling in America has been kicking ass and taken…

Betcris’ Business Development Director, Fernando Garita, spoke about the debate on a new regulatory framework for sports betting and online gaming in Peru and stated that, based on experiences in other countries, higher taxes generally contribute to illegal markets’ growth.  In an interview with Yogonet, the executive gave his opinion on the case and said that the ideal scenario would be to achieve a legal framework that gives shape to an “attractive market”, where operators seek formality, and there are benefits both for the companies and the state.  He also pointed out that Betcris has great expectations regarding the upcoming…

Atlantic City’s main casino workers union will vote Wednesday on whether to authorize a strike against the city’s casinos, with whom they have yet to reach new contract agreements. Local 54 of the Unite Here union stated its members will decide whether union leadership can call a strike against any or all the nine casinos, since the contracts with them expired nearly two weeks ago, and talks have yet to produce a new agreement. Even though there is no date set for a potential walkout, the July 4 holiday weekend is believed to be the obvious choice, as it is…

Rubén Solórzano, general manager of the Affiliated Marketing Group (AMG) and one of the organizers of the upcoming Peru Gaming Show (PGS), highlighted the importance that this event will have for the reactivation of the land-based and online gaming industry. In an exclusive interview with Yogonet, the businessman stated that PGS 2022 -to be held on June 15-16 at the Jockey Convention Center, in the Surco district of Lima- will be, for the different brands present, “the opportunity to be seen in the best showcase, within the framework of a real reactivation process.” What novelties can we expect from this…

Australia’s Queensland state announced on Tuesday the beginning of an independent investigation into The Star Entertainment Group’s suitability to hold its casino license in the jurisdiction after allegations of money laundering were uncovered in New South Wales. The decision comes as the country’s two largest casino companies, Crown Resorts and Star, currently face legal scrutiny over allegations that they had enabled breaches of anti-money laundering and counter-terrorism laws.  Queensland Attorney-General Shannon Fentiman said in a statement that investigations by the state’s Office of Liquor and Gaming Regulation into The Star “are ongoing”, and they are continuing to work with the…

Global sports betting and gaming group Entain announced Tuesday that it has agreed to acquire the entire share capital of BetEnt B.V. -which trades under the BetCity.nl name- from Sports Entertainment Media B.V. for an initial consideration of €300 million ($314 million) and deferred contingent consideration of up to €550 million (approximately $575.75 million). “This acquisition will create a strong market operator with significant growth opportunities, in line with the group’s strategy,” the company stated in a London Stock Exchange filing. The acquisition is expected to complete during H2 2022. The company described BetCity as “one of the Netherlands’ leading online sports betting and gaming operators.”…

iGaming technology and content provider Bragg Gaming Group announced on Monday that it will appoint Yaniv Sherman as the company’s new Chief Executive Officer, effective July 1, 2022. Sherman brings to Bragg more than 20 years of experience in leading global teams across the gaming, software, and online gaming sectors, including, most recently, 15 years as a senior executive at 888 Holdings plc. The company also announced that Sherman’s appointment marks the conclusion of the Board of Directors’ review of strategic alternatives, which was announced in November 2021. Sherman joins Bragg from 888 Holdings plc, where he served as Senior Vice President and…

Greece might see a EUR 6 billion ($6.2 billion) windfall from the proposed Elliniko resort casino now that the concession agreement for the license to operate the property has been finalized. The deal was signed on Thursday, marking the beginning of greenfield investments in the Greek gaming market, with a consortium backed by Greek construction giant GEK TERNA winning the permit. The investment will start from scratch, reports Business Daily, and will create a premium tourist spot, expected to offer employment to thousands of people, yield significant revenues to the public sector, and add value to Greece’s brand.  Mohegan Gaming &…

India’s Information and Broadcasting Ministry on Monday issued an advisory to media platforms, asking them to refrain from accepting advertisements that promote online betting. “Betting and gambling, illegal in most parts of the country, pose a significant financial and socio-economic risk for the consumers, especially youth and children,” stated the advisory to print, electronic and digital media. The ministry said the advisory has been issued in the larger public interest and comes in the light of instances of a number of advertisements of online betting websites/platforms appearing in print, electronic, social, and online media, as reported by the Business Standard. In…

Gaming industry provider Zitro has successfully held its Zitro Experience Mexico event, gathering the country’s gaming industry on June 9. The meeting, described as full of surprises, allowed the company to present some of its latest products to attendees. Among the novelties showcased were a hundred machines of the GLARE family, with its most innovative creations of video bingo and video slot, in addition to its MEGASHARE Lounge. All of this was presented “for the first time” to the Mexican market, the company explains. “Zitro surpasses itself with each new launch, and this was confirmed by the guests at the…

Content provider to the iGaming industry Pragmatic Play is set to take a main role in the upcoming Brazilian iGaming Summit, to be held June 28-29 at São Paulo’s Boulevard JK, by becoming the event’s diamond sponsor and exhibiting at the expo.  Pragmatic Play’s Vice President of LatAm operations, Victor Arias, will take part in the discussion panels, sharing his insights at the “Performing in Brazil – The Pragmatic Play success case” session. Then, on June 30, the provider will be participating in the LatAm Affiliates event. It will mark the latest conference attended by the provider in Latin America in…