Author: OnlineGamblingDaily

Mohegan Gaming & Entertainment (MGE), on Thursday posted overall net revenues of $358.5 million in its second fiscal quarter ended March 31, a year-over-year increase of 28.7%, and adjusted EBITDA of $86.7 million, an increase of 7.4%. These improvements were due to “strong performance” at the company’s owned properties and the addition of Mohegan Sun Las Vegas and MGE Digital, compared to the prior-year period, where volumes were negatively impacted by various COVID-19 related restrictions, including the closure of the MGE Niagara Resorts for the entire period, the closure of Mohegan Sun Pocono for three days, self-imposed capacity limitations at…

JACK Cleveland Casino will celebrate its 10-year anniversary on Saturday, May 14. Since its opening in 2012, the casino has attracted over 21 million visitors, turning into one of the main entertainment venues in Cleveland, Ohio. According to a release from JACK Entertainment, the casino has paid more than $700 million in gaming taxes that benefit the city of Cleveland and its schools. JACK has also donated more than $17 million to local organizations including University Hospitals, the American Cancer Society, Downtown Cleveland Alliance, and the Greater Cleveland Food Bank. “We knew from the start that a casino would bring a missing…

Oklahoma tribe United Keetoowah Band of Cherokee Indians is now one step closer to reopening and rebuilding their abandoned casino in Tahlequah after a favorable court decision, local media reports. The 10th Circuit Court of Appeals has now ruled “moot” a dispute between the UKB, Cherokee Nation, and the U.S. Department of Interior. The news was delivered to UKB’s Tribal Council by chief Joe Bunch in a meeting on May 7. “With that, they issued instructions to lower courts to dismiss the case,” he told tribal members, according to Tahlequah Daily Press. “With that, we can get our application to…

Michigan fantasy sports license applications are now being offered by the the state the Gaming Control Board. Operators interested can find them on their website. Henry Williams, the Control Boards executive director, stated that “Licensing is a key step in fulfilling the requirements established by Michigan’s Fantasy Contests Consumer Protection Act. I urge operators to file soon for licensing so current operators can continue to participate and new ones can join them once rules have been approved by the Michigan Legislature.” The agency may issue two types of licenses. An operator license is needed to conduct or offer fantasy contests…

It’s official: Kansas Gov. Laura Kelly has now signed a bill legalizing sports betting into law. Senate Bill 84 was first signed off by legislators in the Sunflower State and sent to Kelly’s desk in late April. Her approval now means Kansas residents will soon be allowed to legally bet on sports teams – although a casino has now sued the state, immediately after approval, over a provision in the new law that also legalizes historical horse racing. “Legalizing sports betting will bring more revenue to our state and grow our economy,” Kelly said in a statement yesterday, according to…

Australian integrated resort developer and operator Aquis Entertainment has signed a share purchase agreement with Capital Leisure & Entertainment, a subsidiary of New South Wales hospitality business Oscars Group, for the sale of 100% of its shares in Aquis Canberra for AUD 52 million ($36 million). The sale would see Oscars Group acquire 100% of shares in Casino Canberry Ltd., which holds the license to operate Casino Canberra. The sale is conditional on Aquis shareholder approval and ACT casino liquor and licensing regulatory approvals.  The AUD 52 million ($36 million) is on a debt and cash-free basis with the only requirement that…

Sports betting and iGaming operator BetMGM saw $271 million in net revenue in the first quarter of the year, up 58% compared to the same period in 2021. It has also posted an EBITDA of $178 million (versus $160 million in Q1 2021), executives announced in a virtual business update for analysts and investors Thursday, in which they reaffirmed the outlook guidance for FY 2022. The event featured BetMGM’s management team and provided insights into the North American sports betting and iGaming markets, as well as BetMGM’s operations. BetMGM officials said the company has established itself as a market leader,…

Sports betting and online casino platform provider Uplatform announced Thursday it will participate in the fourth edition of the SBC’s CasinoBeats Summit, which will take place at Intercontinental Malta, on May 24-26. The company’s stand will be A47. “Casino Beats is an excellent opportunity to network with hundreds of visitors, learn about current market trends and news, and make new contacts and lucrative deals,” the company said in a press release. The Head of Marketing at Uplatform, Maria Bashkevich, commented: “Our team is looking forward to presenting our unique solutions and participating in some exciting and interesting discussions during the show.…

NorthStar Gaming announced Thursday the launch of the brand and advertising creative for its new online casino and sportsbook NorthStar Bets, an Ontario-based product that has become the latest brand to join the new Ontario’s iGaming that kicked off in April. The platform offers players customer service, a selection of casino games, a comprehensive sportsbook and “the unique convenience” of being able to access in-depth sports betting insights right on the platform, the company says. The launch campaign, titled “That’s A Win”, introduces consumers to the features of the NorthStar Bets gaming platform. The campaign was produced in Ontario with local…

Sports betting and gaming consultancy SCCG Management has announced a partnership with Play Globally, a Vista California-based company that creates games and sports “that challenge the confines of convention.” The news was confirmed by Stephen Crystal, Founder and CEO of SCCG, and it adds to the consultancy’s presence in fantasy and social sports content. Stephen Dunham, President and CEO of Play Globally, describes the company as having made numerous important strides over the last few months in the free-to-play gaming space, particularly the release of their LuckyFans prototype, which uses live, in-play sports data to determine the outcome of a poker…

SBC Summit North America organizers have confirmed the event’s return to New Jersey on May 9-11, 2023. The sports betting and iGaming event will be conducted in significantly expanded form at Meadowlands Exposition Center in Secaucus.  The conference and tradeshow has seen strong growth since its launch in 2019 and has established itself as the place for the U.S. and Canadian online gambling industries to do business, a press release states. That status saw the expo floor for this year’s edition sold out months ahead of the event itself, slated for July. As a result, the 2023 event will see…

Hospitality giant Hyatt has signed a lease agreement for the addition of a casino at its Hyatt Place Hotel property in Kathmandu, Nepal. City Hotel Limited, a company under Nepalese enterprise Golyan Group, has signed a deal with Sri Lanka’s Rank Holdings Entertainment for the operation of the gaming venue, Nepalese media reported on Wednesday. Through the addition of the gaming space, Hyatt Place Hotel says it will be able to offer more services to its guests, thus enhancing their experience at the property. The hotel is described as one of the finest and most modern hotels in Nepal’s capital,…

Gran Madrid Group’s Casino Torrequebrada in Benalmadena, Malaga, has added Zitro’s Altius Glare cabinet to its offering. The Altius Glare features a huge 55-inch screen combined with a 27-inch Full HD screen that offers a giant real estate for 4K graphics and an intelligent LED halo. El flamante Altius Glare de Zitro deslumbra en el Casino de Torrequebrada en Benalmádena, Málaga.🎰🇪🇸https://t.co/uOETdvAKrH#Zitro #CasinoGaming #Slots #WheelOfLegends #ZitroSureBet pic.twitter.com/O4FemQqKaS — Zitro (@Zitrogames) May 12, 2022 Sergio Rupérez, Head of Product Retail-Online at Gran Madrid Group, said: “We are excited to collaborate once again with Zitro and to continue our commitment to innovate and offer the best products…

Casino product developer and manufacturer Aruze Gaming announced Wednesday the introduction of its new premium, deep-black cabinet Muso Curve 55 Midnight Edition, featuring a 55-inch curved screen and framed in illuminated edges that simulate the structure of a beehive. This new machine is part of the Premium Aruze product line, and is one of the few cabinets of its kind available for sale within the entertainment industry, which makes it even more exclusive, according to the company. The Muso Curve 55 Midnight Edition offers players HD graphics and big bonuses. It was developed using the latest software technology, and was designed…

In March, Swedish online gaming operator Betsson announced a major milestone within its global expansion plans by entering its first state in the US. The ambitious move saw the sports betting and iGaming giant launch its Betsafe sportsbook app in Colorado, a vital part of its B2C and B2B objectives for the continent. “Betsson has always had a business model of growth through geographic expansion and diversification, so expanding into the US market falls squarely in line with that strategy,” Marina Bogard, Betsson’s Managing Director in the US, tells Yogonet in an exclusive interview. “We see significant growth opportunities here.”…

Official sports data and technology solutions provider Genius Sports announced Tuesday that it has struck the first tracking data and broadcast augmentation partnership in Portuguese football with S.L. Benfica. Benfica, one of the most prestigious and successful teams in the history of Portuguese and European football, has selected Genius Sports for a wide-ranging partnership to help enhance on-field performance levels whilst reimagining the Benfica fan experience with live broadcast overlays. Through its Second Spectrum division, Genius Sports will provide Benfica with advanced tracking technology, applying machine learning and AI capabilities to capture new levels of statistical insight. Benfica fans, coaches, players, and…