Amid the ongoing iGaming momentum in the U.S., Evolution’s Chief Product Officer Todd Haushalter says fair taxes will help the U.S. market reach maximum potential. This could be one of the topics he will delve into when he speaks at the upcoming boutique and investment event iGaming NEXT New York City ’22, which will be held on May 12-13, in Manhattan. As M&A activity keeps growing on behalf of suppliers to the US industry, Haushalter compared the current state of the market with the .com boom of the late 1990s and early 21st Century. However, the live casino specialist predicted…
Author: OnlineGamblingDaily
This week’s gambling news focuses on the expansion of interstate poker compacts in the United States, as more jurisdictions look to regulate web based poker and consider compacts to make them more profitable! Also, there was a major legal victory for Fantasy Sports in New York state recently! Hello friends, and welcome to This Week in Gambling, where we always try to cover every aspect of the gaming industry! And with that in mind we’re looking at stories from online poker to interstate poker compacts to fantasy sports! Starting with this week’s big story! The pandemic pushed the growth of…
The South Dakota Commission on Gaming fined two Deadwood casinos and an internet sportsbook company $3,000 each for accepting illegal bets on sporting events. Gold Dust Hotel and Casino, Mustang Sally’s and Internet Sports International were the operators to receive penalties. This measure was revealed the same week the regulator posted positive results for the city’s casinos. The illegal activity included accepting bets on college basketball games involving South Dakota State University and future games on the NCAA basketball tournament before the competition field was set. The state gaming laws prohibit sports bets on collegiate level teams, or individual athletes…
A new poll conducted by State House News Service shows a majority of Massachusetts senators support sports betting legalization. The SHNS surveyed all legislators, receiving responses from all but 12: of those who responded, 24 (60% of the total chamber) said they would back the plan. Meanwhile, eight senators gave noncommittal or undecided responses, including Senate President Karen Spilka. None explicitly spoke out against legalization, further shows the poll. Senators from districts bordering states where the market is already legal expressed concern that millions in bets were being lost to neighbors. “This continues to result in a significant revenue loss…
As the UK Gambling Commission decided to award the National Lottery contract to multinational Allwyn Entertainment, Camelot, which has operated the business since 1994, is expected to challenge the regulator, taking it to court on the grounds of breaking the law when it discarded Camelot’s score in the system that measures the bids, according to a report Saturday by The Telegraph. Per the former National Lottery’s operator, Camelot had a 15% “risk factor” discount that was supposed to be applied to bidders’ financial forecasts. Camelot is expected to claim that the discount was initially applied by the regulator, but later…
Australian gaming solution provider Aristocrat confirmed Friday it will participate in SAGSE Buenos Aires on March 30-31 at the Hilton Buenos Aires Hotel and Convention Center. The company stated it will showcase its cabinets and games at the show, and will also participate in the SAGSE Talks conferences with an overview of Game Mechanics by Carlos Carrion, Director of Product and Marketing for LATAM. In an official press release, Chris Rowe, Managing Director for Latin America and EMEA, spoke about the company’s presence at the event and said: “We’re excited to be in Buenos Aires for this excellent opportunity to…
The Culinary Union has called Station Casinos’ suitability for a Nevada gaming license into question. In a statement, released last Wednesday, Culinary officials urged the Nevada Gaming Control Board (NGCB) to investigate the company for “failing to adhere to federal labor law.” “The Culinary Union is urging the Gaming Control Board to move the Nevada Gaming Commission to take disciplinary action against Station Casinos, up to and including revocation of privileged gaming licenses held by affiliates,” the statement reads. The union has now “officially asked” regulators to launch the investigation, alleging that as part of its long-standing public policy that…
Ahead of the company’s exhibition at ICE London 2022, Gaming Laboratories International’s Managing Director for EMEA, Martin Britton, talked with Yogonet about GLI’s plans and expectations for the event. He also shared a brief summary and review of GLI’s recent Annual Regulators Roundtable event, which was held on March 16-17. Furthermore, the executive shared his views on the challenges igaming regulators can expect to face in emerging markets like the US amid the advancement of technology such as blockchain and NFTs. In regards to GLI’s participation at ICE London, which will be held April 12-14 at ExCeL London, Britton said…
Matt Bekier, Chief Executive Officer of Australian gaming heavyweight Star Entertainment Group, has stepped down from the role. His resignation comes amid issues raised during a public inquiry into the group. “While the review remains ongoing, Mr. Bekier informed the Board that as Managing Director and CEO he is accountable for the effectiveness and adequacy of the company’s processes, policies, people and culture. Mr. Bekier said the right thing to do was for him to take responsibility,” the company shared in a statement. Bekier, who has been in the position since April 2014, is to step down from the company…
Kindred announced Monday it is expanding in the regulated North American states after the Alcohol and Gaming Commission of Ontario (AGCO) granted the company an iGaming license to operate in the province, where a new online market is set to open on April 4. This granted license marks the seventh in North America where Kindred is represented by its flagship brand Unibet. The Unibet Sportsbook and iGaming products will be available to customers in Ontario via on.unibet.ca and the mobile apps will be available in Apple Store and Google Play Store after the market launches. In an official press release,…
Seven “satellite casinos” operating in Macau are allegedly slated to stop operating in the world’s largest gaming hub by mid-year. The news comes as the city moves forward with the process of amending its gambling laws, with a number of provisions targeting these venues. “Satellite casinos” are facilities operating under a license attached to one of the city’s six concessionaires, but which are run by third parties on individually owned premises. There are currently 18 such casinos, most of them under the license of operator SJM Holdings Ltd. Amendments to the city gaming law propose any casino must be established…
EGT Interactive has confirmed its presence as one of the leading exhibitors at SAGSE Latam, to be held on 30-31 March in Buenos Aires City, Argentina. The Bulgarian iGaming provider will be present at stand #146 to meet its partners and delegates. The company, which is in the process of becoming Amusnet Interactive, will present its products with rewarding features and entertaining gameplay, including its well-known and flagship slots. Some of the titles guests will be able to try at the booth are Shining Crown, 20 Super Hot, 20 Burning Hot, Extra Stars, Great 27, among others. Ivo Georgiev, the…
The Kodiak Kingdom Multiplier Mountain online slot from Microgaming comes with 6 reels and 4,096 paylines! It features Bonus Rounds and Bonus Spins, both Wild and Scatter symbols, and it can be played on mobile devices! Kodiak Kingdom is a 6 reel, 4 row game set in the beautiful outdoors of Alaska. Players will find a game with over 4,000 paylines, Bonus Spins, a Bonus Round, plus wilds and scatters. Players choose their wager with bet values between $0.20 and $10. Kodiak Kingdom Multiplier Mountain is highly volatile and has max value of $250,000, which is 25,000 times the max…
Inspired Entertainment announced Thursday the arrival of Multi-Stream Matchday, the new V-Play Soccer game for online and retail players in Italy. Inspired’s long-term partner, Sisal, is set to be the first Italian customer to launch this new Virtual Sports game to its online player base. The new product offers customers the chance to engage with eight simultaneous soccer games and choose which of the eight streams to watch at any point. As a variant of the Matchday Ultra product, players get to wager across up to eight matches and create accumulator/parlay bets that deliver higher prizes. In addition, with Multi-Stream…
Caesars Entertainment announced Thursday it is landing its Horseshoe brand on Black Hawk, Colorado as Isle Casino Hotel Black Hawk begins its transformation into a Horseshoe brand property under its new name, Horseshoe Black Hawk, this summer. Over the next several months, guests will begin to see changes around the property, with the complete transformation to Horseshoe expected this fall. The casino and hotel will remain open throughout the transition. The transformation will include a renovated exterior with Horseshoe signage, newly refreshed rooms, a reimagined casino floor and more. In keeping with Horseshoe’s style, the design team will incorporate handcrafted…
Better Collective announced Thursday it has acquired the assets of Canada Sports Betting platform for a purchase price of €21.4 million ($23.5 million), and updated its financial targets for the year expecting a stronger entry into the Canadian market as a result of the merger. The agreement comes weeks prior to the province of Ontario’s launch of its online sports betting market, scheduled for April 4. Following this date, it is expected that a number of provinces throughout Canada will start their own processes to regulate online sports betting in the near future. Better Collective expects revenues in excess of…
