Author: OnlineGamblingDaily

Fox Corp.’s plans to gain footing in the sports betting market through its FOX Bet brand seem to have stalled amid ongoing ownership issues with partner Flutter Entertainment Plc. The three-year-old FOX Bet app, currently only available in four states, has been reported as “struggling” despite heavy promotion through Fox TV networks, with Fox CEO Lachlan Murdoch admitting disappointment at progress thus far. “We don’t control it – because we’re not allowed to,” Murdoch said at an investor conference on March 10, according to Bloomberg. “It’s only rolled out in four states, which we’re disappointed in, and we’d like to…

Nevada and Indiana gaming regulators are looking into Penn National Gaming’s bid to acquire Barstool Sports amid sexual misconduct allegations against Barstool founder Dave Portnoy, The Wall Street Journal reported.  Nevada Gaming Control Board Chairman J. Brin Gibson stated Thursday that it launched a probe into Barstool Sports and Penn National, citing its obligation “is to protect the reputation of the state and the reputation of the state’s gaming industry.” According to the WSJ, Gibson added that he had requested information from Penn National due to his rising concerns about Barstool Sports. There is no Barstool Sportsbook in Nevada, but…

SoftConstruct’s official cryptocurrency, FasTToken (FTN), announced it is set to boost tokenized economy in Abu Dhabi as it became the first to acquire the electronic currency license from the capital of the United Arab Emirates (UAE), and will now allow all partners and end-users to reap the benefits of the ecosystem by settling all business arrangements with any brand under the SoftConstrucy umbrella using FTN.  Being of Ethereum’s ERC20 standard, the token sale of FTN along with the whitepaper and token distribution will be announced in the coming month. The given approval provides FasTToken the right to practise a financial…

Less than a month away from Ontario’s online gaming market launch, bet365 has received a key approval from Alcohol and Gaming Commission of Ontario (AGCO) to legally take bets in the province as soon as the jurisdiction begins its iGaming operations. In parallel, the regulator has issued new guidance warning operators in the process of securing a license to cease unregulated activities when the market opens on April 4.  The list of registered internet gaming operators by the AGCO shows “Hillside (International Sports) ENC” and “Hillside (International Gaming) ENC” were issued a registration certificate on Tuesday. Both companies are 100%…

Our friends at the American Gaming Association track American gambling revenue for commercial gaming. And this year those numbers show that the industry took in over $4.4 billion in January, which is fastest start to a year ever recorded. The AGA’s numbers show the state-by-state and nationwide financial performance data, and include breakdowns for individual gaming verticals. The latest edition of the tracker includes comparisons to January 2020, and to 2021 when the Coronavirus pandemic was continuing to impact commercial gaming revenue. Coming off of a record-breaking 2021, U.S. commercial gaming revenue in January, reached $4.50 billion, the industry’s fastest-ever…

Greenwood Gaming & Entertainment Inc, parent company of Parx Casino in Pennsylvania, along with online gambling software supplier Playtech, announced Wednesday the launch of the new betPARX app in Pennsylvania and New Jersey, combining mobile casino and sports betting experiences. Separately, the company has also obtained market access in Ohio ahead of sports betting launch next year. The Playtech-powered app has allowed the company to operate in both states for the first time, offering “a simple, quick and easy platform to wager on all sports as well as play mobile centric casino games in both states”, the companies described.  The…

Content provider to the iGaming industry, Pragmatic Play, has released a new slot title to celebrate the Emerald Isle festivity just in time for St. Patrick’s Day, Rainbow Gold. The new content provides an ethereal adventure for players, populated with leprechauns and other references to Celtic culture, alongside high-value symbols arriving in the form of beer pitchers, horseshoes, wells, top hats, and four-leaf clovers. The game’s wild symbol can land on all reels and helps to build more winning combinations by substituting for others, except for the leprechauns. Running across the upper part of the reels is the Top Tracker,…

International events and media company SBC on Wednesday announced a new agreement to acquire the Canadian Gaming Summit (CGS), Canada’s premier annual conference and trade show for land-based and iGaming professionals, from current joint owners the Canadian Gaming Association (CGA) and MediaEdge Communications. The acquisition will be completed after this year’s edition of the Summit, which takes place June 7-9, 2022, at the Metro Toronto Convention Centre in downtown Toronto. Included in the deal are the Canadian Gaming Business news website, e-newsletter, and print magazine. Also as part of the arrangement, SBC will work with MediaEdge and the CGA to…

Downtown Las Vegas hotel-casino El Cortez is becoming a 21+ property. The historic venue, which opened in 1941 and is one of the oldest hotel-casino properties in Vegas, will start introducing the policy change in April, when it will begin requiring an ID to book a room. It will be Las Vegas’ second adults-only resort after Circa. The venue will make the transition in two phases, with the second one requiring an ID at the doors, reports KTNV Las Vegas. Officials for the casino have not yet specified when that second phase would launch. “This transition comes after careful consideration…

Golden Nugget Online Gaming and Detroit City Football Club (DCFC) continue partnership efforts in 2022 as DCFC enters the United Soccer League (USL), the governing body of the second division. GoldenNuggetCasino.com will offer exclusive Golden Lines Odds Boosts and core market selections this season for Detroit’s soccer club, ‘Le Rouge’, as announced Wednesday. — Golden Nugget Sportsbook (@gn_SportsBook) March 12, 2022 As DCFC gears up for the first home game of the 2022 USL season, fans will now be available to place bets for the first time on DCFC through GoldenNuggetCasino.com. GNOG Sportsbook will be featuring a unique category of Golden Line…

The Hall of Fame Resort & Entertainment Co. is moving forward with its sports betting plans and village destination development in Canton, Ohio. The resort and entertainment company hopes to have sports betting licenses approved by state commissioners before the end of the year. The developers of the Hall of Fame Village powered by Johnson Controls also remain confident that restaurants, entertainment and gaming sites will be open for business before August, according to The Repository. Hall of Fame Resort & Entertainment leverages the popularity of pro football in partnership with the Pro Football Hall of Fame. The Hall of…

Macau gaming revenue is expected to drop by almost half in March amid the worsened mainland China pandemic situation, investment bank Citi predicts. According to Citi, the impact would cause gross gaming revenue to drop to MOP 4.5 billion ($558.5 million) this month. This figure would imply a 42% decrease when compared with total results from the previous month, Macau Business explains. The bank has lowered its gaming revenue estimates for March from a previous MOP 7 billion ($868.4 million) prediction. The Citi report further claims gaming revenue in the past week of March reached about MOP114 million ($14.1 million),…

iGB Affiliate London 2022, which will take place April 13-14, announced Wednesday it is bound to become the most international and diverse edition of the event on record. As of March 11, the show has received registration from industry professionals based in a total of 76 countries, making it one of the most international gambling industry events in the world, ranking alongside sister events such as ICE London and iGB Live!. In terms of the occupational breakdown, 73% of people registering to attend the first edition of iGB Affiliate London for over 2 years classify themselves as C-Level decision-makers, with…

The inauguration of Gaming & Technology GAT Expo 2022 took place at the Cartagena de Indias Convention Center with an opening ceremony led by the Coljuegos’ president, César Valencia Galiano. Valencia Galiano highlighted that “in 2021, COP$ 613,526 million (US$ 160.8 million) was collected from the profits of the monopoly of games of chance administered by Coljuegos, for the exploitation rights of national games, which represented an increase of 65.39% compared to 2020, when an amount of COP$ 370,966 million (US$ 97.2 million) was collected”. Likewise, he assured that “the current positive momentum of our industry allows us to benchmark…

FashionTV Gaming Group and platform provider EveryMatrix Group announced the launch of their latest title, FashionTV Highlife, in partnershp with EveryMatrix’s gaming development company Spearhead Studios.  In an official statement, EveryMatrix described this new title as the combination of “the content credentials of this pioneering studio with the creative ingenuity of FashionTV Gaming Group – the company behind the bestselling luxury line of iGaming concepts and products, based on the FashionTV megabrand”. FashionTV Gaming Group is the exclusive licensor of the FashionTV brand for online games. This partnership marks a major milestone for the firm as it works in tandem with…

 March 17, 2022 The New Jersey Division of Gaming Enforcement has published revenue figures for Atlantic City Casinos in the month of February. The numbers show that the nine operators in the market were able to take in over $210 million in profit, which is a significant gain from last year. Better weather and the waning of the pandemic have contributed, of course, with revenue this year reaching over $395 million to date. That represents a 28.5% growth from the same time in 2021, when the numbers reached barely over $305 million. A large portion of this revenue  was from…