Author: OnlineGamblingDaily

The Vice Minister of Tourism of Peru, Madeleine Burns, has announced that following the departure of Eduardo Sevilla from the General Directorate of Casino Games and Slot Machines, the current director of Control and Sanction of the entity, Yuri Guerra Padilla, will assume the position of gaming regulator in the country. In an exclusive interview with Yogonet, Vice Minister Burns said that Guerra Padilla will take the reins of the Peruvian regulatory office until an official replacement for Sevilla Echevarría is defined. However, she did not rule out that the current Director of Control and Sanctions could remain in the…

French betting and gambling operator La Française des Jeux (FDJ) has released the public tender offer document for its proposed acquisition of Kindred Group. The document, unveiled on February 19, follows FDJ’s offer last month, valuing Kindred at SEK27.96 billion ($2.69 billion). FDJ has proposed SEK130 ($12.54) in cash for each Swedish Depository Receipt (SDR) in Kindred, representing a 24.4% increase from the SEK104.50 ($10.08) price of Kindred shares at the close on January 19, the final day of trading before the offer was disclosed. The public tender document confirms this offer, with an acceptance period scheduled to begin on February 20 and running…

Australian casino operator Star Entertainment has decided to delay the release of its H1 results for the 2024 financial year. Originally scheduled for February 21, the company will announce a revised release date in the coming days. This decision follows the announcement by the New South Wales Independent Casino Commission (NICC) of a second investigation into the operations of Star’s Sydney casino. The inquiry, led by Adam Bell SC, will span 15 weeks, with the final report expected by May 31. It will focus on assessing how Star has implemented recommendations from the initial inquiry. In response to the NICC’s decision,…

This year’s Super Bowl betting was record setting, and so was the number of people watching the game! And now, even more states are considering the regulation of betting on sporting events! So where do we go from here? The the Super Bowl is over, which means no more football in America for a while… which is a bummer. But on the bright side, more and more states are regulating sports betting, and we’re going to see a lot less of Taylor Swift! This year’s big game garnered over 123 million viewers making it the most watched Super Bowl ever!…

BetMGM has announced a sports betting partnership with X, formerly Twitter, to become the social media platform’s exclusive Live Odds Sports Betting partner. The first-of-its-kind partnership between a premier social media brand and a sports betting operator will integrate BetMGM’s odds and branding into X, with each game linking to BetMGM’s website and app. X users in the United States can explore BetMGM’s latest betting odds on pro football, with each of the major professional and college sports expected to follow in the coming weeks. The odds interface provides an easy click through for each game to BetMGM’s app or…

Coljuegos, the Colombian gaming regulator, published the list of the 15 online gaming platforms that have an operating contract in force and, therefore, are the only ones authorized to operate in the country. “We want players to have clarity about which portals are operating legally. In this way, we seek to provide them with security when placing their bets online”, said the President of Coljuegos, Marco Emilio Hincapié. As explained by the entity, among the novelties for the year 2024 is the change of name of the Betfair platform, which now operates as Stake Colombia S.A.S. on the website www.stake.com.co.…

International Game Technology (IGT) announced Thursday 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 more than 85,000 companies worldwide. Wendy Montgomery, IGT SVP Marketing, Communications and Sustainability, said: “Receiving a gold medal from EcoVadis validates…

Congressional leaders Rep. Guy Reschenthaler (R-PA) and Rep. Dina Titus (D-NV), who have been asking the IRS to raise the tax reporting threshold on slot machine jackpots, have now received support from the agency’s advisory council. Reschenthaler and Titus, co-chairs of the bipartisan Congressional Gaming Caucus, introduced the Shifting Limits on Thresholds (SLOT) Act last year, which would raise the tax threshold for slot winnings from $1,200 to $5,000. The Internal Revenue Service Advisory Council (IRSAC) has now shown support for this recommendation. The IRSAC has recommended increasing the reporting threshold for slot machine jackpot winnings to $5,800, $800 more…

Players love the Huff & Puff series of games from Light & Wonder! Now they have released Huff & Even More Puff! This game comes on the new Cosmic Cabinet with a 49 inch monitor with 4k resolution! They have also given players more denominations and a doubled the reel array! For quite some time now, Huff ‘N Puff has held a special place in the hearts of a select group of slot players. It’s rare to encounter a game that garners as much curiosity and discussion as this one. Therefore, it comes as no surprise that it has received…

Sports betting expansion may be slowing down, after rushing to more than 30 states. Brett Koenig can take out his smartphone and access a sports betting app from his suburban St. Louis house. However, he is unable to wager. A pop-up alert stating he is not in a legitimate place blocks him. Missouri is among the twelve states where sports betting is still prohibited, even after the U.S. Supreme Court granted states permission to allow it to happen more than five years ago. Since 2018, more than $280 billion in sports wagers have generated over $4 billion in taxes for…

iGaming content supplier Pragmatic Play has launched its newest adventure slot Pompeii Megareels Megaways. Set against the backdrop of Mount Vesuvius, the game boasts six ever-changing reels, offering 117,649 ways to win. Drawing inspiration from ancient Rome, the game features emperor figures, armored warriors, chariots and other iconic symbols.Triggering winning combinations sets off the tumble feature, resulting in a cascade of fresh symbols while randomly expanding any reel containing a winning symbol. The entry into the bonus round, triggered by four, five or six fireball scatters, rewards players with 15, 20 or 25 free spins respectively. In this bonus stage, every…

Macau has reported a record influx of tourists during the Lunar New Year holiday, particularly fueled by a surge in travel demand from mainland China, indicating a potentially lucrative month for casinos in the world’s largest gambling hub. The city documented approximately 1.08 million visitor arrivals in the first six days of the week-long holiday that commenced on February 10, based on provisional government data, Bloomberg reported. This reflects a 3.7% increase from the corresponding period in 2019 and stands as the highest figure since at least 2017 when daily data for peak seasons became available. Mainland Chinese travelers constituted…

The Malta Gaming Authority announced on Thursday it has decided to cancel the authorization awarded to E.G.G. Limited, bearing reference number MGA/B2C/744/2019, effective as of November 20, 2023. The cancellation of E.G.G. Limited’s authorization was decided in terms of regulations 10 (1) (c) and 10 (1) (a) of the Gaming Compliance and Enforcement Regulations. The MGA’s statement detailing the license cancellation comes with specific directives for E.G.G. Limited. The company is instructed to refund all player monies to the legitimate player, in addition, the company must submit to the Authority a transaction report extracted from their back-end system together with the supporting bank statements attesting…

Erin Frostad, Team Member Communications & Involvement Manager for the Mohegan Sun resort, was named by Ragan as part of their Top Women in Communications Awards, Class of 2024.Frostad’s recognition for this awards program is alongside other honorees within the Dynamic Doers category. This specific category recognizes women known for their hands-on approach to accomplishing tasks, going above and beyond to achieve results.“This recognition by Ragan is an incredible and well-deserved honor for Erin,” said Don Trella, VP of Human Resources for Mohegan Sun. “Erin is a gifted and hard-working communicator who truly helps build the tremendous employee-centric work culture that has…

The Department of Finance and Administration (DFA) of Arkansas has sent cease and desist letters to two companies it believes are operating unlicensed sports betting. The companies, Underdog Sports Holding and SidePrize LLC dba PrizePicks, were operating as daily fantasy sports organizations.  The DFA said the two companies operate a type of fantasy football where consumers create a team and earn points based on the fantasy team’s performance. According to the DFA, the problem is that the two operators created a sports betting-like product in the past year called player prop bets. This type of betting is sports betting and being unlicensed violates Arkansas…

International Game Technology (IGT) has signed a licensing agreement with the Maryland Lottery and Gaming Control Agency for its patented Cash Pop draw-based game. The Maryland Lottery expects to launch Cash Pop in May 2024 with four daily drawings at multiple price points from $1 to $10.“The Maryland Lottery is always excited to launch new draw games, and IGT’s Cash Pop will be a novel addition to our portfolio,” said Kate Airey, Director of Product Development for the Maryland Lottery and Gaming Control Agency. “We’re confident that the 1 in 15 odds of winning a single ‘Pop’ will resonate with…