U.S. commercial gaming revenue continued its record-shattering start in 2022 with the highest-grossing February on record. It was driven by the continued growth of slot revenue and sustained strength of sports betting and iGaming, according to the American Gaming Association’s (AGA) Commercial Gaming Revenue Tracker, updated Tuesday. In February, combined commercial gaming revenue from land-based casino games, sports betting and internet gaming reached $4.39 billion, up 16.1% from February 2020—the last full pre-pandemic month of casino operations—and up 35.9% from a year ago. In a monthly comparison, revenue dropped 3.1% as sports betting win nearly halved compared to January. February…
Author: OnlineGamblingDaily
Independent gaming certification lab BMM Testlabs is set to open a new office and product testing laboratory in Slovenia in May 2022, the company announced on Monday. The new location will feature former management and senior testers of the Slovenian Institute of Quality and Metrology (SIQ) gaming lab. The space will be headquartered in Ljubljana, Slovenia’s capital and largest city. BMM Slovenia will be tasked with providing product testing, certification and inspection services for games, systems, and associated equipment for the gaming industry across online and land-based gaming, a press release explains. BMM Slovenia will be led by Damjan Semec,…
The casino located in the Grand Emperor Hotel, in downtown Macau, is set to cease its operations on June 26, Emperor Entertainment Hotel Limited announced in a stock filing last Friday. The venue will not be renewing the service agreement currently in place with gaming concessionaire SJM Holdings Ltd. “The group’s casino in Grand Emperor Hotel is operated under the gaming concession held by SJM,” Emperor Entertainment Hotel Ltd explained in a filing to the Hong Kong Stock Exchange, retrieved by Macau Business. “The group has been facing a tough business operating environment arising from the Covid-19 pandemic over the…
English Football League (EFL) clubs as well as non-league are calling on the UK Government to ban all gambling advertising within football. 20 clubs including Luton Town, Tranmere Rovers and more have signed a letter to the Government seeking to put an end to gambling sponsorship to try and “challenge the notion that football is dependent on gambling advertising revenues”. The letter, which was coordinated by the Gambling With Lives campaign group, reads: “As owners, directors and executives responsible for our clubs, we have witnessed the harmful growth of gambling sponsorship and advertising in football including the negative impact on…
U.S. consumers spent $147 billion on gambling activities in 2021, well above 2019 and 2020 levels, according to a report published Friday by independent research firm Eilers & Krejcik Gaming. Titled “Total U.S. Gambling Spend by Category – 2021”, the new annual report provides a view of the U.S. gambling market in terms of B2C revenue generated by market category, considering revenue as the total wagers less payouts. The individual market segments included in the report are: Casino Gaming, Lottery, Charitable Gaming, Sports betting, Racing, and Charitable Gaming. The report also further segments the data between retail and online for…
iGaming technology company Gaming Innovation Group (GiG) has signed an agreement with existing partner GM Gaming Limited in Portugal. GM Gaming operates the Betway sportsbook brand in the European country. The partnership deal was signed through GiG’s subsidiary Sportnco Gaming, for the provision of Sportnco’s sportsbook and player account management (PAM) for Betway.pt in Portugal. This is the second sportsbook and PAM agreement between GiG and GM Gaming following the successful launch of the tier one operator in France. “Sportnco has extensive knowledge and experience in delivering complex and highly regulated markets successfully, making them a top choice for operators…
Esports and online gambling company Esports Entertainment Group (EEG) has now launched its VIE.gg esports betting platform in New Jersey. EEG is the first operator to be granted the right to launch full esports betting operations in the Garden State. The platform made its debut on Monday, April 4, following the successful completion of the “soft play” phase of New Jersey’s Division of Gaming Enforcement regulatory process for betting operations in the state. The VIE.gg sportsbook allows registered bettors across New Jersey to place wagers on approved professional esports events. “We are pleased with the completion of the soft play…
STS Holding revealed on Monday that it has received a PLN 13.3 million ($3.1 million) dividend related to the performance of tech subsidiary Betsys. The dividend was paid in March to STS SA, a subsidiary of STS Holding SA: the companies are part of the STS Group, one of the largest bookmakers in Central Europe and a leader in the Polish market. Additionally, the group announced Betsys’ EBITDA in 2021 was PLN 21.8 million ($5.2 million), compared to PLN 14.5 million ($3.4 million) a year ago, which represents an increase of 50.1% on a year-on-year basis. According to a press…
DraftKings’ $1.56 billion acquisition of Golden Nugget Online Gaming is nearing its completion. The sports betting giant now expects to close its deal with Tilman Fertitta’s business by the end of next month, according to a filing with the Securities and Exchange Commission last Friday. “DraftKings and GNOG continue to pursue the remaining gaming regulatory approvals necessary to consummate the acquisition,” the filing reads. “Accordingly, DraftKings now expects the acquisition to be consummated on or prior to May 31, 2022, subject to the satisfaction or waiver of closing conditions.” The millionaire all-stock transaction was initially announced in August last year.…
Under new, tougher rules from UK’s Advertising Standards Authority, gambling advertisements in Britain featuring celebrities, sports people and social media influencers popular with the under-18s will be banned to protect children in one of the world’s largest betting markets, effective October 1, 2022. The new measure was taken Tuesday by the regulator, with the aim of “safeguarding young people and vulnerable audiences”. These rules will impact gambling advertisers looking to promote their brands using sports people and celebrities as well as individuals like social media influencers. The Committee of Advertising Practice, which writes the advertising codes that are regulated by…
FanDuel Group announced Monday it has reached a first-of-its-kind multi-year agreement with TSN (The Sports Network) to introduce its sportsbook to Canadian sports fans. FanDuel will be the official sportsbook partner for TSN, starting first in Ontario. TSN was the first national cable broadcaster of the National Hockey League (NHL) in Canada. The new partnership comes as the province has legalized online sports and casino wagering, in a deal that provides an opportunity for scaled expansion into other Canadian provinces and territories pending regulation. FanDuel will deliver its global expertise in mobile sportsbook and casino operations across TSN, through original…
Bally’s Corporation and Gaming and Leisure Properties, Inc. (GLPI), a publicly-traded gaming focused real estate investment trust, have completed the previously announced acquisition from Bally’s of the land and real estate assets of Bally’s three Black Hawk Casinos in Colorado, and Bally’s Quad Cities Casino & Hotel in Rock Island, Illinois, for $150 million in total consideration. The three Colorado casinos are Bally’s Black Hawk North, Bally’s Black Hawk East and Bally’s Black Hawk West. The operation was completed on Friday, April 1, as announced by both companies on Monday. These properties were added to the existing Bally’s Master Lease. The…
This week’s gambling news finds March Madness wrapping up, Ontario online gambling kicking off, and Hooters offering sports betting! Yes, it took nearly three years, but Ontario online gambling has finally gone live. Residents in the province are now able to bet on casino games and sporting events via websites and mobile apps. Hello friends, and welcome to This Week in Gambling, the only show NOT discussing Will Smith slapping the shit out of Chris Rock! Except for just now… And this is my last show before I head across the pond to London, England for the International Casino Expo…
Two weeks away from NIGA’s Indian Gaming Tradeshow & Convention, set to be held April 19-22 in Anaheim, California, International Game Technology (IGT) anticipated details of its attendance as an exhibitor. Under the theme “It’s Game Time” at booth 438, the global gaming provider will present a compelling portfolio of next-generation gaming solutions for tribal casino operators. IGT’s games and hardware are backed by extensive performance testing, while its systems and IGT PlayDigital solutions are powering major casinos across the U.S. A focal point of IGT’s showcase will be its award-winning cashless solution: Resort Wallet with IGTPay, the industry’s only fully…
Sports data provider FeedConstruct announced Monday it will be exhibiting at ICE London 2022, which will take place April 12-14, 2022, where the latest industry innovations and trends will get unveiled. FeedConstruct, part of the SoftConstruct’s group of companies along with BetConstruct, will showcase the essential products at stand S1-350. Among its exhibited products will be data collecting solutions that take precedence with each year. “Big data is what feeds our company’s offering, using it to build products that drive our customers’ profits. Innovation-wise, FeedConstruct will present its new solutions regarding content streaming, integration, and distribution, among which you’ll find OTT…
As millions of bettors are set to return to bookies for the first time in three years to wager on the Grand National horse racing competition, the Betting and Gaming Council has warned Ministers “not to spoil the enjoyment of punters or ignore the tens of thousands of jobs” supported by the regulated betting and gaming industry in the government’s upcoming Gambling Review. The BGC’s warning comes as punters regain the opportunity to bet on the Grand National in person for the first time in three years next Saturday, April 9, the biggest betting day of the year for the…
