Author: OnlineGamblingDaily

LottoKings and WinTrillions parent company Kings Entertainment Group has begun trading on the Canadian Securities Exchange as of Monday, January 24. The new listing, which had been approved last week, is expected to provide the Vancouver-based business with access to a broader capital base and accelerate its global expansion plans. The shares of the company are now trading on the CSE under the ticker “JKPT.” According to a press release, the move comes as Kings’ flagship property, LottoKings, capitalizes on its reputation as an industry innovator to attract and engage an international player base, expanding into the live dealer casino…

An ordinance was passed Thursday by the Chesapeake Beach Town Council in Maryland to allow the town to collect tax revenue on brick and mortar sports betting. This measure expands the Admission and Amusement Tax for the Town of Chesapeake Beach to include Sports Betting for Class A1, A2, Class B1 and B2 licenses. Ordinance O-21-7 was approved during a public hearing by Councilwoman Beaudin, seconded by Councilwoman Hartman.  This ordinance came to be after November 2020’s voting, where town residents voted against sports betting in Chesapeake Beach by 2 to 1 margin. The town council acted to prevent expanding gambling…

Gauselmann Group’s M-BOX 111,111th unit has now run off the production line at the company’s own production site at its headquarters in Lübbecke, North Rhine-Westphalia, Germany. To mark this special achievement, the company will roll out a special donation campaign. The employee donation benefiting the victims of a 2021 flood disaster in the western part of Germany will be increased by €15,311 to €111,111, thus matching the number of units produced and further supporting the people of North Rhine-Westphalia, states a press release.  Initially in the amount of €85,000, the donation was later topped up to €95,800 by the Paul…

Wynn Resorts is looking to sell its online business, Wynn Interactive -operator of the WynnBet app-, at “deep discount” as the sports betting niche faces losses from stiff taxes and costly promotions to lure customers, according to a report by New York Post on Monday. The Vegas-based giant allegedly slashed the asking price to $500 million from a $3 billion valuation less than a year ago. A Wynn spokesman declined to comment on what he called “market speculation,” stating the business was clear on its last earnings call about the company’s desire to operate the sports business in a way…

Blueprint Gaming has reaffirmed its position as the developer of Deal or No Deal branded iGaming content after securing a new agreement with the license holder and long-term partner Banijay Brands. The new brand licensing deal ensures Blueprint can continue to develop unique content around the popular TV game show format, with the developer’s next installment Deal or No Deal: Banker’s Bonanza set for release in February 2022. Deal or No Deal – The Perfect Play – Coming Soon: https://t.co/L3U6EuO2le via @YouTube — Blueprint Gaming (@BlueprintGaming) August 9, 2018 Following the success of a number of high-impact titles based on Banijay’s Deal or…

Online poker giant PokerStars and Formula One racing team Red Bull Racing have sealed a new global partnership, the F1 brand announced on Friday. The exclusive partnership will see the online gambling and entertainment brand join Red Bull Racing ahead of the 2022 Formula One season. “Following last year’s blockbuster Formula One season, I am delighted to kick off 2022 by announcing PokerStars as a new partner,” said Red Bull Racing Team Principal and CEO, Christian Horner. “In our sport we see constant evolution, not only applied to the cars but also to new technologies that are focused on reaching…

iGaming content provider, Pragmatic Play, announced Monday a new prehistoric jungles-themed release titled “Rock Vegas”.  Blending elements from both primeval and moderns settings, the background is filled with “exotic flora and shrubbery, complinmenting the reels edged with stone and vines”, the company described.   In the base game, landing three bonus symbols will trigger the Mega Hold and Spin feature that can lead to multipliers all the way up to 500x the bet. The Mega Hold and Spin feature takes place on a 10×10 grid, where normal reels are replaced by variations containing rocks with different values, and the number of…

Kambi Group announced Monday it has entered a multi-year sportsbook partnership with sports betting brand owned and operated by Carousel Group, MaximBet. Under the terms of the deal, MaximBet, which launched in September in partnership with the men’s lifestyle media brand Maxim, will integrate Kambi’s sportsbook platform into its technology stack, aiding the brand’s strategy to accelerate its growth throughout North America. As MaximBet continues to expand across North America, it will leverage Kambi’s betting solutions, from compliance provision and odds compiling to customer intelligence and risk management, as well as an array of market-leading products such as Bet Builder,…

Perhaps you’ve heard rumors of a new Martha Stewart restaurant that would soon be opening in Las Vegas. And if so, we’re now happy to confirm that the rumors are true, and the eatery will open at the Paris Casino sometime this spring. In what is being described at a “fully immersive” experience, the concept of the restaurant will focus on Martha’s country farmhouse from New York. Martha and her team are developing delicious, seasonal dinner, weekend brunch, and holiday menus that feature exceptional quality and creativity. Signature menu items will be created from sourcing seasonal, high-quality ingredients from various…

In this guest column, Kamran Hedjri, CEO of PXP Financial, which specializes in acquiring and processing services to help businesses simplify and support their global payment needs, analyzes the US sports betting and iGaming markets, and for 2022 he predicts an uptake in regulation, better technologies driven by bigger investments, and the continuation of iGaming momentum. The iGaming and Sports Betting sector is a multi-billion-dollar industry with global reach that has found much success across Europe. Yet despite this, for the longest time it was incredibly difficult for gaming operators to run in the United States of America (U.S.) as…

The opening of Resorts World Las Vegas in June last year -the first ground-up resort development on the Strip in more than a decade- felt like big news, even within an industry accustomed to enormous projects. The $4.3 billion complex, owned by Genting, was designed to be more than just another venue in the gambling mecca: one of the biggest projects ever in Vegas, the casino resort is also proof of how much gaming and hospitality technology has advanced in the last few years. For the property, which features 3,500 rooms and 117,000 square feet of gaming space, Resorts World…

New Yorkers have placed a record-setting $603 million in bets since the debut earlier this month on January 8 of the mobile sports wagering market, according to figures released by the state’s Gaming Commission on Friday. Bets generated $48.2 million in gross gaming revenues from January 8-16. Moreover, mobile sports betting, taxed at a high 51%, has resulted in $24.6 million for state coffers, reports the New York Post. The two weekends and nine days since launch have made the state surpass Pennsylvania for the most successful launch ever: the Keystone State had generated $23 million in sports revenue in…

Merkur Gaming Group said Monday it is stepping down as an exhibitor of ICE London 2022. Following a decision made by its Board of Directors, the company has “reluctantly” taken the decision to withdraw from its planned participation as a major exhibitor at the event, which was recently postponed from its traditional February dates to April 12-14 due to concerns over the Omicron coronavirus variant spread. Merkur informed its decision to ICE organizers, Clarion Events, citing their view that, for a number of reasons, the Gauselmann Group’s firm’s “substantial investment” in ICE would be “unable to show a positive return.” In a…

Swedish iGaming hosting service provider, Internet Vikings, announced Friday it has commenced its operations in the state of Illinois, as a part of its U.S. expansion plan which started in July 2021, marking the 18th state in which it has established.  Illinois boasts the fifth-biggest GDP in the country, as well as the 6th largest population for a state. Illinois is currently catching up as it looks to open up to various forms of online gaming, having begun with online sports betting in 2019. Although “real-money” online casinos are not legal as of yet, social gambling sites are common, and…

Sports betting media group Better Collective has entered into a commercial partnership with the New York Post to deliver technology and commercial content for online sports wagering through its proprietary sports betting platform Action Network, the business announced on Friday. Through this newly-signed deal, Better Collective is set “to bring the best in commercial sports betting content” to the publication’s readership of more than 92 million unique users, out of which more than 11 come from New York state, which has begun regulating online betting as of earlier this month. The agreement is for the delivery of content, data, and…

On Thursday, the European Parliament adopted its negotiating position on the Digital Services Act (DSA), with 530 votes to 78, and 80 abstentions. MEPs agreed on a draft set of measures to tackle illegal content, to ensure platforms are held accountable for their algorithms, and improve content moderation. The DSA proposal defines responsibilities and accountability for providers of intermediary services, and in particular online platforms. It also establishes a “notice and action” mechanism, as well as safeguards, for the removal of illegal products, services or content online. The European Lotteries (EL), the European umbrella organization of national lotteries operating games…