Author: OnlineGamblingDaily

Gambling company Codere seems to be closer to getting rid of the payment of more than MXN 1.2 billion ($70 million+) in taxes dating back to more than 15 years ago, which are being demanded by Mexico’s Ministry of Finance and Public Credit (SHCP). This initial victory came after the Supreme Court of Justice of the Nation (SCJN) opened the possibility that the multinational company may not have topay this amount corresponding to taxes, penalties, updates and other fiscal obligations for 2008. Codere had lost a lawsuit filed against the Federal Court of Administrative Justice (TFJA) and an amparo, for…

International Game Technology (IGT) announced Monday that its IGT Global Solutions Corporation subsidiary has signed a three-year contract extension with the Virginia Lottery. The extension, when added to the full duration of the contract, will run through October 2033, and in addition makes available three, one-year extension options. As part of the contract extension, IGT will provide the Virginia Lottery with an upgraded lottery central system and communications network, new point-of-sale hardware, and new gameplay features with a target live date of October 2025. “Since first partnering with the Virginia Lottery in 2000, IGT has helped us responsibly modernize our lottery…

 January 18, 2024 So you don’t like Resort Fees in Las Vegas? You’re not alone. They have been hated by travelers for years, and the resorts don’t give a damn if you like them or not. Most would argue that they are deceptive and should be included in the price. And now the Federal Government agrees, as if that will do any good. Recently, the Federal Trade Commission began work to address these unfair and deceptive fees. They believe that any fees which are not transparent and unavoidable, much the way Resort Fees are implemented, should be changed. And although…

iGaming software solutions provider EveryMatrix has appointed Bobby Longhurst, former Managing Director of SportingTech, as its new Group Chief Commercial Officer (GCCO), assuming responsibility for commercial strategy including account management, sales, and marketing. The executive, assuming the role ahead of ICE London, will work closely with each business unit to enhance EveryMatrix’s global efforts. The provider noted that Longhurst has more than 20 years of industry knowledge, strategic insight, and executive leadership experience within leading iGaming suppliers such as SportingTech (Managing Director), Pronet Gaming (CCO) and SBTech (Commercial Director), where he focused on areas such as revenue growth, team management,…

Although the Government of Ecuador had initially included within a referendum sent to the Constitutional Court at the beginning of 2024 the proposal to resume gambling and reopen casinos, as reported by Yogonet, it seems to have finally given up on that intention. Gambling has been banned since 2011, after a popular consultation carried out by the then president Rafael Correa and, through the same method, the current president Noboa intended to reinstate it. Of the 11 questions sent to the Court, the one referring to the possible return of casinos and gambling halls was the only one canceled. Given…

A scrutiny of a proposed ballot question seeking to legalize sports betting in Missouri has prompted concerns about a potential flaw in the initiative, which is backed by the state’s major league sports teams. A fiscal review conducted by Governor Mike Parson’s administration revealed that the initiative petition lacks a mechanism for state agencies to collect or deposit taxes and fees generated by a legalized sports betting program.“Without the identification of an agency to collect the tax, no tax can be collected. Due to wording in this IP (initiative petition), the Department of Revenue assumes this IP will not generate…

It seems that enough is never enough for some, and Las Vegas parking fees are a perfect example. It’s not enough that the city has had 33 consecutive months of more than a billion dollars in revenue. And it’s not enough than they just raised their Resort Fees. Now, they’re jacking up parking as well. There was a time when Sin City resorts would let guests park for free, just like most normal hotels across the country. It was a small way they could show some customer appreciation. Now, however, Vegas parking fees are at almost every casino around town,…

 January 20, 2024 We haven’t mentioned it in a while, but the billion dollar streak for Nevada gaming revenue has quietly been continuing for over two years. November of last year marked the 33rd consecutive month, in fact. And it was helped a lot by the Las Vegas Grand Prix. Statewide, casinos and sports betting were able to bring in just north of $1.37 billion. That’s a jump of more than 12% rise from the same time last year. The resorts on the Las Vegas Strip accounted for close to 55% of the state’s total revenue. Some interesting numbers within…

The Department of Gaming is pleased to announce that it will begin accepting applications for Arizona sports betting licenses in February. Pursuant to the aws and regulations, the ADG will accept applications for one event wagering license reserved for Arizona Tribes and no less than one event wagering license reserved for Arizona Sports Franchises. This is the second round of Arizona sports betting licenses and applications, as the activity officially launched in the state back in September of 2021. Prospective applicants are encouraged to review the provided materials on ADG’s website carefully. It is their responsibility to understand the application…

BetMGM has launched the first of a three-part teaser campaign, offering a sneak peek into the company’s inaugural Super Bowl television spot. The campaign features a collaboration between NFL legends Tom Brady and Wayne Gretzky, accompanied by actor Vince Vaughn. Matt Prevost, Chief Revenue Officer of BetMGM, expressed enthusiasm about seizing the opportunity presented by this year’s Super Bowl to reach a wider audience: “Our first-ever Big Game commercial showcases Las Vegas as home for the game as well as what we consider to be BetMGM’s home. We couldn’t be happier with the talent we have assembled for the ad,…

iGaming and sportsbook software supplier Soft2Bet is set to hold an Exclusive Burlesque Partners Party on February 7, 7:30 PM, during ICE London week. The gathering will take place at the Aqua Shard Restaurant, located on the 31st floor of The Shard, London’s tallest building, renowned for its architectural brilliance. According to the software provider, the event will provide “an immersive experience and a great opportunity to network with leading iGaming executives who will be enjoying a mesmerizing and spellbinding burlesque performance.” The party will be by invitation only and limited to partners of Soft2Bet. In addition to the burlesque…

Ontario’s iGaming and sports betting industry continued to thrive in the third quarter of fiscal year 2023-24. The province generated CAD 658 million ($488 million) in revenue over Q3, an increase of 22% when compared to second-quarter figures.  The activity recorded runs from October 1st to December 31st, 2023, and does not include information on all operators with gaming websites that had trading activity during that period. As per Canadian Press, there were 49 operators and 72 gaming websites doing business in the province during Q3. This is up slightly from 47 and 71, respectively, in Q2. Total wagers in…

Massachusetts reported a record sports betting handle for the second consecutive month in December. Players in the state collectively wagered $658.7 million during the period, shattering the previous high set in November 2023. The combined sports betting and casino revenue for Massachusetts in December reached $163.6 million, indicating a substantial 14.4% increase from November. December’s handle narrowly exceeded the previous record set in November, which was of $654.4 million, with a total of $643.2 million spent on online betting and an additional $15.5 million at retail sportsbooks. Massachusetts entered the legal betting arena in March 2023. Taxable revenue from sports…

iGaming content provider Play’n GO has launched its newest game, 3 Clown Monty II, offering players a slot experience set against the backdrop of the Vegas Strip. The game features the Monty Brothers, in collaboration with BIT-E the gorilla, presenting a fresh show in hopes of reinvigorating their career. Hoping this will be their big break, they need help to bring in the crowds and make this a show to remember. In 3 Clown Monty II, players will help the Monty Brothers make sure the show goes according to plan and enjoy a front-row seat for lots of laughs and gasps.Players can see the entertainment ramp up…

Genting Singapore, the operator of Resorts World Sentosa, stands as the potential front-runner for an integrated resort (IR) license in Thailand if the government opts to deregulate the industry, analysts say.Owned by Malaysian billionaire Lim Kok Thay, Genting is among the top global casino operators eyeing the Thai market due to the surge in Chinese tourists, the New Straits Times reported. MGM Resorts International, Galaxy Entertainment Group Ltd., and Las Vegas Sands are also reportedly considering ventures in Thailand.”After all, Genting currently operates in Singapore and Malaysia, with them being the pioneers since the 1965s. They have the operational know-how,…

iGaming platform provider Uplatform has confirmed its participation in the upcoming ICE London 2024, February 6th-8th at The Excel in London, at stand S4-530. “Uplatform is not just participating in the ICE iGaming show; we’re redefining the standards of excellence to greater heights,” the company said in a statement. At its stand, the company will showcase its lineup of products. The company’s booth will also offer activities like Drone Racing and the Plinko game to attendees. “Picture yourself amid thrilling competition, actively navigating drones through challenging courses, vying for leaderboard supremacy, and seizing remarkable prizes that await the champions,” the company…