Author: OnlineGamblingDaily

Content provider to the iGaming industry Pragmatic Play has donated £100,000 ($105,319) to the British Red Cross as part of the organization’s Ukraine Crisis Appeal.  With the continuing humanitarian crisis in the country, the donation will be used to support the Red Cross Red Crescent Movement response. In just seven weeks, the Red Cross has already reached one million people with life-saving aid in both Ukraine and across Europe. Support includes financial assistance, food, clothing, water, and psychosocial care.  Volunteers from across the world are assisting civilians in the conflict, with Pragmatic Play’s contribution going towards the well-being and safety…

The Massachusetts State Senate passed its version of a sports betting bill on Thursday. However, given the proposal differs in a number of points from legislation passed by the House of Representatives last year, both chambers must now work on a new proposal.  “I am proud to say that this bill is a product of a thoughtful, deliberative process that takes into account the lessons learned in other states who rushed into legalization,” said Senate Ways and Means Chairman Michael Rodrigues on Thursday, according to State House News Service. “Some may wish we had acted sooner, but I am convinced…

As we head toward the Cinco de Mayo holiday, we’re taking a look at the El Jackpotto online slot! A 5 reel, 3 row, 20 line game from Blueprint the features a Bonus Round and Bonus Spins, Wild and Scatter Symbols, plus a Gamble Feature and a Mystery Bonus! You can also play this wild game on your mobile device! Players spin the reels to help our hero become the Ultimate Luchador! Typically he is a simple burrito salesman. But at night he becomes El Jackpotto! The gas filled Luchador who’s competing in Lucha Libre! Play through 5 Saucy Reel…

Gaming company and horse racing giant Churchill Downs Inc. (CDI) announced on Wednesday that the business will redevelop and transform the paddock at Churchill Downs Racetrack in Louisville, Kentucky. The $185 – $200 million project is set to debut in 2024. The transformative paddock redevelopment project will commemorate the 150th edition of the legendary Kentucky Derby, to be held in May 2024. The redesign is the final phase of a previously-announced three-year capital investment plan for Churchill Downs Racetrack that is set to provide new and improved guest experiences for fans of the renowned horse race. The project is set…

The Colorado Department of Revenue’s Division of Gaming has shared its sports betting report for the month of March. Gaming numbers in the Centennial State received an assist from March Madness: wagers on basketball reigned supreme in the month, helping total bets rebound and increase by 14.8% over February’s wagers. Wagers on Professional Basketball and NCAA Basketball took the two top spots for the month, which saw a total handle of $505.6 million. A year-to-year comparison shows a notable 67.98% increase, up from a $301 million total handle delivered in March 2021. “Because of the popularity of the NCAA tournament,…

Kindred Group plc has shared its unaudited interim report for the first quarter of the year. Financial results were impacted by what the business expects to be short-term headwinds, while the Unibet owner is optimistic about long-term prospects. Total revenue (B2C and B2B) was £246.7 million ($307 million), down from £352.6 million ($438.7 million). The online gambling operator saw gross winnings revenue (B2C) decrease by 31% to £242.4 million ($301.5 million) from £352.6 million ($438.7 million) the comparable period last year. Excluding the Netherlands, where regulatory headwinds forced some operators to withdraw until a new license is secured- gross winnings…

Gaming investment firm Tekkorp Capital is adding seasoned executive Steve Schrier to its team, the venture capital fund set up by gaming entrepreneur Matt Daver announced on Wednesday. The team expansion comes only weeks after the firm announced the establishment of its advisory arm. Tekkorp Capital’s newly-created advisory team announced, shortly after its launch, a partnership with Australian media giant News Corp Australia and online sports betting pioneer Matt Tripp -former founder and Chairman of Sportsbet and CEO of BetEasy- for a new sports betting venture. Now the advisory arm is seeking to further strengthen its team with the addition…

Kansas lawmakers gave final approval on early Friday to a sports betting bill after the Republican-controlled Senate voted 21-13 to pass, reports Associated Press. The Republican-controlled House had previously passed the measure Thursday, 73-49, meaning the legislation will now go to Democratic Gov. Laura Kelly’s desk, who is expected to sign it. The bill calls for using taxes from sports betting to attract the NFL’s Kansas City Chiefs from Missouri to the Kansas side of the metropolitan area. The measure puts a 10% tax on each bet, with nearly all revenue going to a fund that aims to lure pro sports teams…

In its interim report for January-March 2022, Evolution said Thursday its revenues in the first quarter increased by 38.6% to EUR 326.8 million ($343,4 million), while the EBITDA increased by 43.4% to EUR 229.7 million ($241,4 million), with a margin of 70.3%. Profit for the period amounted to EUR 197.7 million ($207.7 million), and earnings per share before dilution amounted to EUR 0.93. During the period, the company successfully launched its online live casino Lightning Roulette in New Jersey, and it has plans to expand into additional states soon. After the end of the period, the company went live with an…

The next edition of SAGSE LATAM will take place on April 19-20 at the Hilton Buenos Aires Hotel and Convention Center. “As ICE London takes place from February 7-9, 2023, the right time to do our expo is two months later”, said Alan Burak, Vice President of Monografie. “We are very happy and feel that we managed to hit the nail on the head with this year’s SAGSE proposal. We have worked hard thinking about this new paradigm, in choosing an international headquarters, in improving the conditions of the exhibiting companies to maximize the efficiency of their investment and seeing the…

Boyd Gaming’s Fremont Hotel & Casino in downtown Las Vegas is expanding its casino floor and replacing its former buffet with a new dining hall concept. Executives for the company made the announcement during a call with investors held on Tuesday, in which the company also reported record first-quarter revenues. The new dining hall is set to feature six “quick-serve” restaurants, including nationally known brands yet to be unveiled, Boyd President and CEO Keith Smith said on the call, according to KSNV. The hall will replace the buffet’s former location, and also use a piece of vacant land behind the…

Gaming and hospitality giant Las Vegas Sands has reported financial results for the first quarter of the year. Pandemic-related restrictions and reduced visitation continued to impact the business during the period ended March 31, resulting in a widened net loss of $478 million, compared to $280 million in Q1 last year. Additionally, the business delivered net revenue of $943 million, down from $1.2 billion in the prior-year quarter; and an operating loss of $302 million, widened from $96 million in 2021. Consolidated adjusted property EBITDA was $110 million versus $244 million last year. “While pandemic-related restrictions continued to impact our…

Chicago City Mayor is reported to be seeking $75 million from the winner selected from the three finalists, or a commitment to pay $40 million up front and $2 million a year later. Earlier this month, Hard Rock, Bally’s and Rush Street Gaming pitched the final three proposals in three separate public hearings. Bally’s, which had already offered the city $25 million up front if it’s selected, is targeting the Tribune Publishing Center in River West. Rush Street is eyeing putting one of its Rivers-branded casinos at The 78 in the South Loop, while Hard Rock is looking at the…

Will the second time be a charm for Maine? This week’s sports betting news finds the state one signature away from regulating bets on sporting events… but we’ve been here before. Back in 2019 everything looked good for sports betting in Maine. That is, until Governor Mills vetoed the bill, simply stating that she did not believe that the citizens of Maine wanted the activity regulated, plus some other odd ramblings. But the House and Senate passed a new bill bill last week, and hopefully this time is different. The new bill is part of large, tribal sovereignty legislation. It…

Zitro continues to expand its presence throughout California, partnering with key operators in the tribal gaming market, including Pechanga, Viejas, Valley View, and Pala casinos in Southern California and Red Hawk Casino, which is the company’s first install in Northern California. “Due to the great success that the 88 Link games are currently enjoying in the U.S. market, these distinguished casino operators did not hesitate to include the award-winning multi-game in their gaming offerings,” the company stated. “We are convinced that our 88 Link games will offer a next-level gaming experience to our partners’ clientele, and are confident that it…

A Nebraska judge has dismissed a lawsuit filed by gaming operator Big Red Keno over who gets rights to develop Lincoln’s upcoming casino, Nebraska Examiner reports. Monday’s ruling also greenlights the Nebraska Horsemen’s Benevolent & Protective Association to continue its partnership with the Winnebago Tribe of Nebraska for the proposed project. “We actually chose our partner in 2015, and we’re going to stick with the partner who will lead us to the greatest success,” Lynne McNally, the CEO of the horsemen’s association, said Tuesday, according to the cited source. Their partnership with the tribe will see the Lincoln Race Course…