Gaming and hospitality company Bally’s Corporation has named Bobby Lavan new Chief Financial Officer. Lavan will take over the role from Steve Capp, Bally’s current CFO, who is leaving the business “to pursue other interests and opportunities.” Capp will continue to support the company “through the end of April,” according to a press release. Lavan has been Senior Vice President, Finance & Investor Relations of Bally’s since May 2021. In this role, he led the acquisition, financing and integration of London-based online software developer and gaming business Gamesys, completed in October last year, as well as the internal and external…
Author: OnlineGamblingDaily
Gaming developer and manager Red Rock Resorts held on Friday a private ceremonial groundbreaking for the $750 million Durango Casino & Resort in Las Vegas. The celebration at the site was attended by employees and executives including company Chairman and CEO Frank Fertitta III, Vice Chairman Lorenzo Fertitta, and new company President Scott Kreeger. The ceremony marked the start of work on the new resort, in the southwest of the city. The new venue will feature a 200-room hotel tower and an 83,000-square-foot casino, and is slated to open in late 2023. Plans made available by the company call for…
Celebrate everyone’s favorite Irish holiday with the Joker Leprechauns online slot! Just ahead of St. Patrick’s Day festivities we’re looking at Joker Leprechauns from Kalamba! This 5 reel , 40 paylines game comes with four different jackpots, a HyperBonus, plus a HyperBet round! Additionally, players will find both Wild and Scatter Symbols, plus a Bonus Round and Bonus Spins! Celebrate St Patrick’s Day in style with this Vegas-style slot from Kalamba! The Joker Leprechauns online slot where players can win of over 5000 time their bet! With extreme volatility, a classic theme, and huge potential wins, players on Joker Leprechauns…
There is a new horizon in the United States for gambling, as new laws allow certain states to decide their own legislation for online gambling. Although in most states, legislation has only recently come to fruition, it comes as no surprise that online gambling would make its way back into US culture, simply because there is a deep history and gambling culture ingrained in the US. Below we will have a look into US gambling history and its culture leading up to today’s online gambling scene. If you like to skip straight to an online casino overview rather than read…
March 12, 2022 With the March Madness Basketball Tournament set to begin this week, a first ever agreement for NCAA sports betting data has been reached between the the Mid-American Conference and Genius Sports for providing statistical data. Representatives for the Conference stated that this could be the beginning of an era of statistical data ownership when it comes to collegiate athletics. As exciting as the announcement of this agreement is, however, Genius’ actual sports betting services are not included. Instead, the company will provide only free-play games to engage with fans, monitor the integrity of the data, and give…
iGaming industry software and business solutions provider Slotegrator has appointed a new Head of Sales, the company announced this week. Experienced executive Hmayak Manukyan will be taking over the role. “I’m very excited to join the Slotegrator team at this stage in the company’s business development,” Manukyan said in regards to the appointment. “This year promises to be challenging, as the company will be targeting new regions such as Africa, Latin America, and Asia, but I’m looking forward to the rewards those challenges will bring.” According to the new Head of Sales, one of his main goals under the new…
The International Center for Responsible Gaming (ICRG) on Wednesday announced the election of Bill Miller, President and CEO of the American Gaming Association (AGA); Michael Soll, president of The Innovation Group; and Daron Dorsey, executive director of the Association of Gaming Equipment Manufacturers (AGEM), to its governing board. The ICRG Board of Directors also elected three additional new members at its January 2022 meeting: Steven B. Crystal, chairman of the board and president of Automated Cashless Systems, Inc.; Barry Finestone, president and CEO of the Jim Joseph Foundation; and Scott Seligman, a real estate investor and businessman. Arthur Paikowsky, president…
With the only qualified ballot initiative to legalize sports betting in California facing legal challenges, a second proposal backed by major online sportsbooks is on track to qualify for the November 8 general election as well. According to California’s Secretary of State’s website, the “California Solutions to Homelessness and Mental Health Support Act,” a sports betting ballot initiative to legalize California online and retail sports betting, is the only sports betting campaign currently in circulation to reach the 25% signature threshold. “We hit that threshold months ago, and we continue to make steady progress toward our goal. We are very…
Following a record-breaking 2021, U.S. commercial gaming revenue in January reached $4.43 billion, the industry’s fastest-ever start to a year, according to American Gaming Association’s (AGA) Commercial Gaming Revenue Tracker. The tracker features state-by-state and nationwide financial performance data with breakdowns for individual gaming verticals, and the latest edition released Tuesday includes comparisons to January 2020, as COVID-19 continued to impact the commercial gaming revenue market in January 2021. Combined gaming revenue from traditional casino gaming, sports betting, and iGaming grew by 19.7% from 2020 and was up 29.9% from January 2021. In a monthly comparison, commercial gaming revenue dropped…
As reported by Maryland Lottery and Gaming Thursday, the state’s sports betting handle totaled $25.5 million in February, the second full month of operations for the state’s first five sportsbooks. The financial results for last month show a decrease in handle of $7 million compared to January’s total of $32.5 million. However, the figures are higher than December’s $16.5 million, when the first sportsbooks in the state went live. Even though February is a shorter month, the total is lower than January, and also includes bets on the February 13 Super Bowl LVL, which was expected to positively impact the…
Detroit’s three casinos reported $94.7 million aggregate revenue in February, the Michigan Gaming Control Board announced on Thursday. Table games and slots generated $95.6 million in revenue, while retail sports betting results showed an $872,552 loss. Breaking down data by market shares found MGM Grand Detroit placing first with 49%, MotorCity Casino Hotel second with 30%, and Greektown Casino Hotel third, with a 21% share. MGM saw gaming revenue up 34.4% to $46.3 million versus February 2021; while MotorCity was down 7.3% to $28.9 million. Meanwhile, Greektown was down 2.1% to $20.4 million. The casinos reported a 10.6% revenue increase…
Casino game and software developer Red Tiger, part of Evolution, has gone live with Scandinavian operator AB Trav och Galopp (ATG). Red Tiger is now available in Sweden. James Jones, Head of Business Development at Evolution, said: “Red Tiger’s games have proven popular in the Nordics since day one, and expanding our reach there with ATG is a significant development. We are sure that ATG’s players will enjoy the wide range of content on offer.” Christian Erlandsson, Head of Sports betting at ATG, commented: “Boosting our slots portfolio with content from an exciting studio like Red Tiger will provide players with…
The Macau government has pledged to clarify the role of gambling promoters in the world’s largest gambling hub through legislation, to be passed later this year. The plans were confirmed by Chan Chak Mo, president of the Second Standing Committee of the Legislative Assembly (AL). The new law, to be passed by the AL before August 15 this year -the end of the current legislative session-, will clarify the role of each type of gaming intermediaries, government officials revealed to lawmakers. These are currently codified in the form of Executive Regulations. “Hard or simple, we need to have a deadline.…
International Game Technology (IGT) announced that the company is supporting Problem Gambling Awareness Month by launching its Positive Play social media campaign and making a contribution to the International Center for Responsible Gaming (ICRG). Problem Gambling Awareness Month is annually held in March and was created by the National Council on Problem Gambling to increase public awareness of problem gambling. “Responsible gaming has been a large part of IGT’s DNA for many years, and the importance of it is instilled in our employees across all business segments through a variety of programs,” said Wendy Montgomery, IGT SVP, Marketing, Communications, and Sustainability. “It…
The Tennessee Sports Wagering Advisory Council (TSWAC) approved three more online sportsbooks Thursday —BallyBet, SuperBook and Gamewise— bringing the state to 13 approved sports betting operators. TwinSpires, operated by Churchill Downs Interactive Gaming, recently announced during an earnings call it will discontinue its online sports gaming operation, after beginning operations in Tennessee in March 2021. The TSWAC approved Fubo Gaming at its February meeting after TSWAC Executive Director Mary Beth Thomas said in January that Tennessee could reach 14 total sportsbooks in 2022 if all the applications the group received were approved, The Center Square reports. SuperBook, affiliated with the…
Caesars Sportsbook is set to launch its Caesars Racebook app in partnership with NYRA Bets -the official wagering platform of the New York Racing Association-, the company announced on Thursday. The product will be making its debut this spring and features a full horse racing menu with livestreaming from racetracks around the world. The sportsbook division of gaming giant Caesars Entertainment explains the upcoming racebook will utilize the NYRA Bets platform to provide bettors with pari-mutuel wagering services on premier horse racing content “from more than 250 tracks around the world.” “Caesars Racebook will offer wagering on marquee horse racing…