Author: OnlineGamblingDaily

A North Carolina House panel has advanced two bills to legalize online sports betting in the state. The proposals were greenlighted on Tuesday afternoon, moving closer to a passage and keeping hopes alive as the end of the current legislative session nears. The legislation would see sports gaming launching as early as January 1, 2023. The two sports gambling bills were approved by the House Judiciary I Committee with minor amendments, which double the amount of money to $2 million a year for problem gambling treatment, according to WRAL-TV. The bills work in tandem to legalize sports wagering throughout the…

 June 22, 2022 A glimmer of hope in a mostly dim economic outlook finds Atlantic City casinos have joined the gambling revenue party. Even as the threat of recession looms on the horizon, profits for the East Coast gambling mecca hit over $440 million for April, which is the highest since early 2019. The numbers were published by the New Jersey Division of Gaming Enforcement and show that despite the continued explosion of sports betting across America, it’s been the Atlantic City casinos that have generated to most profit. Gamblers have been returning to casinos in droves to make bets…

Japan, South Korea, Philippines, India and Thailand present diverse challenges and opportunities for iGaming operators today. Peter Stehlik, a Lawyer at Slotegrator, analyzes the Asian market’s prospects in this column, and provides resources on how to operate successfully in the continent.  With roughly 60% of the world’s population, Asia is home to millions of potential online casino players. The region’s many countries with growing economies and high individual income levels are magnetic to online casino and sportsbook operators looking for the right market conditions to make their business grow. Slotegrator reports that in 2022, Asia’s gambling industry is growing rapidly…

Gaming provider Evolution announced Wednesday that its wholly-owned subsidiary Evolution Malta Holding Limited has entered into an agreement to acquire Nolimit City, a producer and developer of online slot games, for an upfront consideration of EUR 200 million ($211 million) on a cash and debt-free basis. The consideration is financed from cash at hand, the company explained in a press release. In addition, Evolution may pay earn-out payments in cash based on Nolimit City’s EBITDA for the years 2022, 2023 and 2024, respectively. Completion of the Transaction is conditional upon regulatory approvals and is expected during Q3 2022. With earn-outs of…

The transaction that saw Blackstone sell The Cosmopolitan of Las Vegas for $5.65 billion, including a $1.625 billion lease-back deal for MGM Resorts International to acquire its operations last month, became the latest high-priced sale in Las Vegas that did not publicly report tax payments routinely levied on home purchases, in the form of real estate transfer taxes.  Blackstone announced on May 17 that it completed its sale of The Cosmopolitan. The same day, a deed for the property was recorded with Clark County that showed no sales price, no transfer-tax value and no transfer tax due, with those designated lines blank, according…

The PGA Tour and bet365 have announced a three-year content and marketing agreement through 2024 naming the company an Official Betting Operator (OBO) of the PGA TOUR. bet365 thus becomes the TOUR’s first OBO outside of North America with territories including the United Kingdom, Ireland, and Australia in addition to Canada. In the United Kingdom, Ireland, and Australia, bet365 will serve as the exclusive source for odds on the leaderboard and player pages on PGATOUR.COM and on TOURCast, the TOUR’s platform that allows fans to follow every shot from each group with a 3D rendering of the golf course. bet365 are…

Kansas Gov. Laura Kelly ceremonially signed Senate Bill 84, which legalizes sports betting in the state, on Monday. Legislators and casino industry representatives joined the governor for the signing at the Statehouse. Wagering is effective July 1, and the governor said she is optimistic state regulators will have live betting up and running as early as football season. The bill was first passed by legislators in the Sunflower State and sent to Kelly’s desk in late April, who signed it into law in May. While regulators must set up guidelines and launch operations by Jan. 1, 2023, Kelly provided a…

Roberto Cano, Group Operations Manager of Palacio de los Números, welcomed the addition of these new products and said: “The Altius Glare cabinet and its multi-game Wheel of Legends offer a unique and immersive gaming experience that will reinforce the popularity of Zitro machines among our customers. We are delighted to continue our partnership with Zitro, and to continue to add their products into our casinos.” Johnny Viveiros Ortiz, founder of Zitro, added: “The new GLARE Family debuts in the casinos of the country as the new product of the moment. We are very grateful to Palace Bingo & Sport Bets…

Gaming industry provider Merkur Gaming Peru has described its participation in the latest edition of Peru Gaming Show as “a huge success.” The expo, which returned to its traditional dates, took place on June 15-16, Lima for its 19th edition. It “exceeded expectations,” according to opinions from exhibitors, regulators, and visitors. As the largest exhibiting company at PGS, Merkur Gaming Peru says it put on a “magnificent” display, highlighting its Link Zone and new Solar Link progressive jackpot solutions together with the Merkur Mystery feature link, and a selection of “top class” multigame machines that featured the “latest and best”…

Gaming provider Inspired Entertainment announced on Monday a long-term extension to its Retail Virtual Sports agreement with bookmaker Betfred.  An Inspired press release describes Betfred as the world’s largest privately-owned retail bookmaker, with more than 50 years of market-leading experience in the betting industry. Inspired has been delivering virtual horse races, dog races, and bingo products to more than 1,400 Betfred shops for over 15 years.    — Inspired Entertainment, Inc. (@Inspired_News) June 20, 2022 Steve Rogers, Chief Commercial Officer, Virtual Sports for Inspired, said: “Inspired and Betfred have a proven and successful partnership. Betfred was one of the first retail…

The 9th edition of the European Lotteries (EL) Industry Days 2022 highlighted the importance of core lottery values such as responsibility, sustainability and integrity, all for the benefit of society. Under the theme ‘’We Connect’’ participants had the opportunity to reconnect and unite, exchanging on topics such as innovation and digital developments.  During the Industry Days —which took place from June 13 to 15 in Wiesbaden, Germany, and was hosted by IGT & LOTTO Hessen and Scientific Games— an Environmental Initiative was launched by EL, emphasizing the importance of sustainability in the lottery sector as more and more companies around the…

Gaming technology provider Comtrade Gaming has attended the “Dun & Bradstreet Business Excellence Event: Open the door to new markets with an international certificate of excellence and drive your business,” and took home the AAA Platinum Creditworthiness Certificate of Excellence. According to a press release, companies with a platinum creditworthiness rating are the most reliable, credible, and low-risk business subjects for cooperation with all business partners. “Comtrade Gaming meets the highest international standard of excellence AAA and is thus one of the most trustworthy business entities that are entitled to use this internationally recognized status,” the company stated. Aleš Gornjec, Comtrade…

Join us as we go on some of the most wild and peculiar adventures the slot gaming world can offer. From mysterious caves to enchanted forests, we’ve got some unforgettable destinations lined up. We’ll also meet some fascinating characters along the way that can help us to win big and score some dazzling bonuses. Mega Moolah Absolootly Mad Thought the laws of physics were concrete did you? Thought you had reality figured out did you? Well, follow the white rabbit down its hole and you may just find yourself in a miraculous alternate dimension known as Wonderland where time runs…

There is no shortage of celebrities who enjoy playing poker, and often for high stakes. The obvious reason that some people would attribute to this is that, well, they’re celebrities and they have a certain amount of disposable income. In other cases, it might be because there is a lucrative endorsement out there from a poker company, and who would turn that down? Sports stars including Cristiano Ronaldo have taken that plunge in recent years, and have helped to give an added touch of glamor to both online and land-based casino play. The key question in all of this is:…

This week’s gambling news finds states still pushing to get sports betting and online gambling passed this year! Plus, we’re in Las Vegas this week filming on The Strip and at the World Series of Poker! On our gambling news show from May 24th I told you that there were 15 states without regulated sports betting, and how it was unlikely that any more states would pass sports betting legislation this year. And now, here comes Massachusetts trying to make a liar out of me! The state Senate has a bill they really like… and the state House has a…

Shortly after launching a new platform for online casino operators with a Business intelligence (BI) module, global iGaming software developer and aggregator Slotegrator shares key insights on the advantages that BI can bring to the industry in a new comprehensive analysis by Ayvar Gabidullin, Business Development Manager. The growing importance of BI systems in recent years has caught the attention of many iGaming industry experts — in particular, Slotegrator. The gambling software developer recently launched a new platform, which includes a business intelligence module. The platform’s BI module will allow operators to quickly and efficiently handle business planning, optimization, and…