Official data, technology and broadcast partner Genius Sports, and the International Ice Hockey Federation (IIHF) have combined to launch the official Fantasy Game for the 2022 IIHF Ice Hockey World Championship. Since May 13, teams have been competing in Finland for the ultimate prize in ice hockey, with fans immersed in every game through the daily IIHF Fantasy Hockey. Ice hockey fans from around the world can compete against each other to predict who will be the stars of this year’s Championship, selecting a team every day with three forwards, two defensemen and a goalie. Bettors can track player statistics…
Author: OnlineGamblingDaily
Nasdaq-listed iGaming technology company Lottery.com has announced financial results for the quarter ended March 31, 2022. The business posted revenue of $21.2 million, an increase of $15.7 million when compared to Q1 2021. It has also posted Adjusted EBITDA of $7.7 million, an increase of $10.3 million versus the prior-year period. Tony DiMatteo, Lottery.com Co-Founder and CEO, commented: “I’m pleased with our first quarter results and the team’s continued focus on our core business and generating strong Adjusted EBITDA.” Revenue for the first quarter was primarily driven by the sale of LotteryLink credits to a LotteryLink affiliate, primarily to acquire pre-paid lottery…
New York-based sports technology and marketing company TAPPP and iGaming giant BetMGM announced Tuesday an “aggressive expansion” of BetMGM’s gift card distribution network. The number of stores carrying BetMGM prepaid cards will roughly double from around 6,000 to more than 12,000 in the current quarter. BetMGM’s partnership with TAPPP launched in September 2021, a move that has attracted new customers, and provided existing customers “with a fast, flexible option to fund their BetMGM accounts in states in which sports betting is legal.” According to a press release, since its inception, the BetMGM gift card business has experienced an industry-leading redemption rate of…
Online gaming company N1 Partners Group has rolled out a new promotional game on its flagship project N1 Casino, operating under a Malta license. Based on the title Aviator from the game provider Spribe, the promo ‘Who’s the best pilot?’ allows players to get a new gaming experience and win almost 1000 times more instantly, according to a press release. N1 Partners Group cites third-party surveys that show Aviator has recently become one of the most popular games, and the promo ‘Who’s the best pilot?’ has already become a hit on N1 Casino, the company says. The promo allows players to…
Berlin-based esports data provider Bayes Esports has closed a finance round of €6 million ($6.3 million), the company announced last Friday. The fundraising efforts were led by US casino industry giant Las Vegas Sands and are expected to drive sustainable growth for Bayes, which is seeking to further scale the business and expand to new markets. “After the Berlin tech start-up cracked the run rate of €10 million ($10.5 million) last year, this figure is to be doubled in 2022,” a press statement reads. In addition to Sands, investment platform for gaming and Web3 projects BITKRAFT Ventures was also involved…
Sweden’s Administrative Court in Linköping has dismissed an appeal by William Hill’s online gambling subsidiary Mr Green over AML and compliance failures. The company had been issued two separate warnings and penalty fees totaling SEK 31.5 million ($3.1 million) last year for violations of Sweden’s Money Laundering Act and certain sections of the Gambling Act. In a statement, the Spelinspektionen (Swedish Gambling Authority) said the appeal is to be rejected “in its entirety,” Payment Expert reports. It further announced the court found that Mr Green has had “a lack of routines regarding the risks of money laundering” and has “violated…
The UK Gambling Commission has fined Jumpman Gaming and Progress Play a combined total of £675,000 ($841,468) in regulatory settlements after investigations discovered social responsibility and anti-money laundering failures. This will see Guernsey-based Jumpman, which runs 243 websites under casino and bingo licenses, pay the lion’s share of £500,000 ($623,000); while Cyprus-based Progress Play, which boasts 201 digital gambling entities, has been penalized £175,718. Leanne Oxley, Gambling Commission Director of Enforcement and Intelligence, said: “We will always clamp down on operators who fail in their obligations to keep gambling safe and crime-free. We encourage other operators to consider the failings identified in these cases carefully, and…
May 17, 2022 What happens in Vegas starts at Americas Cardroom. The US-facing online poker site is giving away WSOP packages by running their Takedown promo from May 5th to 22nd, guaranteeing 20 packages to the WSOP Main Event. Players can go to Sin City or keep the cash. “The WSOP Main Event is on the bucket list of every poker player and fits in with our other land-based promos we’ve run this year in Uruguay and Texas,” stated Chris Moneymaker, Team Pro for Americas Cardroom. “We can’t wait to see our players in Vegas, donning the ACR gear.” Each of the…
On Thursday evening, the Missouri State Senate voted to adjourn its 2022 session a day early without passing a sports betting bill, therefore ending the hope of legalizing sports gaming this year. House Bill 2502 was first introduced in January by Rep. Dan Houx (R-Warrensburg) and was slated to have a 10% tax for the government in its initial stages -comparably lower than the 21% cut on gaming in the state-; while House Bill 2556 made provisions to the bill and was joined with 2502. The legislation went through the House without much opposition but began facing adjustments in the Senate,…
Macau is considering the introduction of a tax cut and revised conditions for “satellite casinos” as the city’s gaming industry -the world’s largest gambling hub in pre-pandemic years- continues to struggle amid the ongoing impact of Covid-19. The possibility comes as casino revenue plunged to an 18-month low in April. According to Bloomberg, the city is considering a potential cut of as much as 5% on casinos’ gaming revenue if they are able to bring in players from outside of China. The change would be included as part of ongoing efforts to revise the hub’s gambling bill, with legislation to…
Croupiers at the Montreal Casino in Canada went on a surprise four-hour strike on Saturday, expressing their solidarity amid a negotiations deadlock. The property’s dealers laid their cards on the table at 4 PM and walked out to demonstrate in front of the Notre Dame Island casino. The strike took place as the workers denounced the standstill in discussions over the casino’s employees contract which, according to the Canadian Union of Public Employees, have not been resumed since last weekend. The collective agreement that regulates the working conditions of 521 croupiers expired March 31, with salaries and schedules among the issues…
Gaming & Technology Expo has confirmed the second edition of trade exhibition and business fair GAT Caribe. The event will take place on June 9-10, 2022, at The Westin Puntacana Resort & Club, in the city of Punta Cana, Dominican Republic. According to a press release, participants of the first edition, which took place in the Dominican Republic in November, “expressed their desire and motivation to run the event again, given its productivity and importance in bringing together the local industry and offering visitors and operators, technological updates, academic knowledge, and business and regulatory perspectives in the region.” José Aníbal…
Content provider to the iGaming industry Pragmatic Play has extended its reach into the Venezuelan market following a partnership with local operator La Troya Hípica. La Troya Hípica will gain access to three of Pragmatic Play’s verticals through the agreement, including its slot titles. This will see the delivery of recent games like Spirit of Adventure and Clover Gold, as well as The Dog House. Additionally, Pragmatic Play will provide its Live Casino titles, which include traditional card games such as Blackjack and Baccarat along with the gameshow-inspired Sweet Bonanza Candyland. Virtual sports will also be delivered and offers players betting opportunities within live sporting events…
Star Entertainment’s long-term non-executive director Gerard Bradley announced he will leave the company’s board months after the Bell inquiry ends, making him the first director to signal their departure from the Australian casino giant. The decision comes amid an inquiry into the company’s sustainability to operate the Star Sydney, Australia’s second-largest casino. Australian financial crime watchdog AUSTRAC launched a probe in June 2021 into the casino. Providing evidence to the inquiry, Bradley conceded the board “must accept responsibility” for what was described as “significant cultural failures” at the company. He also stated he bore some “personal responsibility”, and that he should…
International gaming fair Peru Gaming Show (PGS) is returning for its 19th edition with the institutional support of the Peruvian government. General Director of Casino Games and Slot Machines of the Ministry of Foreign Trade and Tourism -MINCETUR-, Eduardo Sevilla Echevarría, will be in charge of cutting the ribbon to inaugurate the PGS international fair on June 15 at 10:30 a.m. The cycle of conferences will begin that same day at 11:00 a.m. As expected, PGS also has the support of Peru’s National Gaming Society (SONAJA), the Peruvian Association of Online Sports Betting (APADELA), and Peru’s Association of Tourism and…
Slotegrator on Monday launched a new platform that includes a wide range of functions for online casino and sportsbook operators. The technologies included in the microservice architecture of the company’s new platform have improved the product and provide the company’s customers with a higher level of service by optimizing speed, security and stability. “The project launch process for operators has been significantly accelerated — a typical launch will take no more than a few days, and the requests of end users, online casino players, will be implemented in the shortest possible time. Thanks to the new modules, operators have complete…