Author: OnlineGamblingDaily

Setplex, a provider of end-to-end solutions for OTT service providers, announced on Tuesday that it has been selected by MaxBet TV to launch the industry’s first casino and gambling-centric television network. Utilizing the Setplex end-to-end OTT platform, MaxBet TV will deliver a linear television channel with original programming to its global audience. According to Statista, the global online gambling market is anticipated to be valued at more than $92.9 billion in 2023. Online gambling consists of playing casino games, poker, and/or sports betting via the Internet. Due to market factors such as regulatory advancement, the proliferation of mobile technology via…

In November last year, Minneapolis-based online technology company SharpLink Gaming teamed up with AR-centered sports fan platform Quintar to deliver an AR solution that combines live sporting events with real-time sports betting, resulting in an “immersive, personalized” betting experience. Described as “highly disruptive” for the industry, the product offers sports betting to fans in a new way, which can interact with dynamic AR content on the field. In an exclusive interview with Yogonet, SharpLink’s CEO and Founder Rob Phythian discusses the key features behind the game-changing innovation, plus sports betting moving towards more personalized and exciting experiences. Moreover, the executive…

Despite the pandemic and travel restrictions, Nevada casinos managed to set an all-time high for revenue in 2021. Gambling in the state topped $13.4 billion, as reported by the Gaming Control Board. December was the 10th consecutive month that Nevada managed to bring on over $1 billion, and that’s a separate record all by itself. The Control Board reported showed an increase in generated revenue of nearly 70%, which translated to a win of $1.15 billion. Senior research analyst Michael Lawton of the Nevada Gaming Control Board stated that “The reasons for the record level of gaming win recorded this…

PAGCOR -the state-run Philippine Amusement and Gaming Corporation- has posted net income down nearly 87% to P203.6 million ($3.9 million) in 2021, according to new figures released by the regulator. The Philippines casino industry was severely hit by the Covid-19 pandemic, with lockdowns and preventive measures still in place during the last year. In comparison, Pagcor posted P1.55 billion ($30.3 million) in 2020.  The corporation’s total income net of gaming of taxes and contributions settled at P18.35 billion ($359.3 million) last year, down by 9.4% from P20.26 billion ($396.7 million) in 2020, according to Business Mirror. Moreover, expenses, which include…

Lawyers for the political committee Florida Voters in Charge, which is seeking to expand gambling in the state, have dropped a lawsuit against Seminole-linked opponents accused of allegedly trying to “sabotage” the petition gathering effort. In addition, the group failed to submit the required signatures by Feb. 1 deadline and is now seeking to gain an extension. The political committee, which has received about $50 million from gaming giant Las Vegas Sands Corp., is seeking to allow existing card rooms to become casinos if they are located 130 miles from tribal facilities. The amendment would open the door to casinos…

Fontainebleau Development’s Fontainebleau Las Vegas announced it has appointed Cliff Atkinson as President, who has already assumed leadership of the property as it continues to build its in-house team. He will continue to execute the strategy laid out by Fontainebleau Development as the resort is readied for its global debut on the Las Vegas Strip in Q4, 2023.  Atkinson comes to Fontainebleau Las Vegas having established himself in the Strip’s executive leadership. Most recently, he served as Founder and Chief Executive Officer of WE Advisory Group, providing direction on business development strategies, revenue management services, operations, turnarounds, and new building…

Lottery.com announced Tuesday that it has launched LotteryLink, a branding initiative of its global B2B affiliate marketing. The lottery operator also launched B2C customer marketing campaigns in December 2021, and expects to drive B2C user growth in 2022 with this direct-to-consumer marketing in addition to growth generated by LotteryLink.  This is a continuation of Lottery.com’s strategy to utilize highly recognizable and descriptive names and domains to reach its global digital audience and leverage the company’s affiliate marketing capabilities, according to a press release. The company has a pipeline of both online and physical affiliates that anticipates will be important contributors…

MGM Resorts on Tuesday officially launched MGM Rewards, its new loyalty rewards program, which for the first time will allow non-gaming members to join their gaming counterparts and earn a currency, MGM Rewards Points, redeemable for complimentary dining, entertainment, hotel stays, among other benefits. It is also now connected to the company’s online sports betting app BetMGM. As anticipated in early January, the new program is set to unlock “unprecedented access” for both gaming and non-gaming guests to the company’s 20+ destinations across the US. These include destination resorts such as Bellagio, ARIA, MGM Grand and Mandalay Bay in Las…

Online gaming operator FanDuel Group and the United Center, home of the NBA’s Chicago Bulls and NHL’s Chicago Blackhawks in Illinois, announced Monday plans to open a FanDuel Sportsbook lounge inside the iconic stadium.  Provided the necessary approvals are obtained, including the Illinois Gaming Board’s, FanDuel’s newest in-arena sportsbook lounge will “bring the excitement of sports wagering inside the United Center where fans can enjoy the action of Bulls and Blackhawks games all season long”, the company stated.  In December, the Chicago City Council agreed to lift the Chicago ban on sports betting and impose a Mayor-backed 2% tax on gross…

Provider of player acquisition services for the regulated global online gambling industry, Gambling.com Group Limited, announced Tuesday it has acquired NDC Media, publisher of BonusFinder.com, and related assets: a high-growth, high-margin performance marketing business focused primarily on the online gambling industry in North America, with Canada as its largest market. The acquisition of BonusFinder supports Gambling.com Group’s growth and expansion strategy in North America, and is expected to be immediately accretive. The transaction closed on January 31, 2022, and will be consolidated into the Group Financial Statements from February 1, 2022. BonusFinder publishes online portals which help consumers find and compare…

The Nevada Resort Association, the state’s primary trade association for major casinos, is launching a non-partisan political action committee (PAC) to support “business-minded” legislative candidates of both major parties who support the state’s gaming industry, according to a press statement released by the group on Monday. The association, which represents about 80 casino resorts across the state, says it will be backing candidates “who understand the value of the gaming and resort industry” and recognize “the tremendous economic contributions” the sector brings to the state. To date, the Nevada Resort PAC has raised more than $2 million from association members,…

SOFTSWISS’ Jackpot Aggregator announced that it has strengthened its partnership with N1 Partners Group by connecting N1 Bet casino to its virtual jackpot system. All N1 Partners Group casinos operating under the Curacao licence can participate in the cross-brand jackpot campaign. Currently, there are three N1 Partners Group casinos connected to the SOFTSWISS Jackpot Aggregator: Joo Casino, Fight Club and N1 Bet, which operate under the Curacao licence. All of them participate in the global jackpot, which is generated and played amongst players at these casinos. This increases the involvement and loyalty of bettors, who have the opportunity to receive larger…

A proposed bill that would ban smoking in Atlantic City’s casinos is picking up more bipartisan support. The legislation, if passed, would amend New Jersey’s Smoke-Free Air Act to include casinos, which are currently exempted from the law. A similar bill to the one now gaining traction died without a vote in last year’s legislative session. On Monday, Sen. Michael Testa, Republican, said he was adding his backing to the bill as a co-sponsor, joining fellow Republican Vince Polistina and Democrats Shirley Turner, Joseph Vitale, Patrick Diegnan, Teresa Ruiz and Vin Gopal. “Casino workers should have the same right to…

This week’s gambling news finds amazing records for mobile sports betting in New York, even with an insane tax rate. Not to be outdone, Hawaii is now considering sports betting with an even higher tax rate! And in case you missed it, more sports betting has launched in Louisiana! Welcome my friends to another edition of This Week in Gambling, where we have sports betting news from Louisiana and Hawaii, of all places! But we begin with a record-breaking update for mobile sports betting in New York! This week’s big story started a little over three weeks ago when mobile…

Slotegrator announced Spinomenal, NoLimitCity and Endorphina are on the list of developers releasing new titles this month, amounting to a total of 35 new titles for the aggregator’s network. Games from ELK, Platipus, Relax Gaming and other studios are available for integration into an online casino in a single session with the APIgrator solution.  The raft of new games is diverse. Some of them are classic slot themes, and others are designed for players looking for a mythological experience, such as “Book of Ancients” by Gamebeat, or “Inca Gems” by Skywind, as well as “Sun Goddess” by Amatic.  Those operators…

Under the light of a new research, Entain has found that there is a strong correlation between betting and video gaming, which anticipates greater future demand for esports products.  These results come from a study of 16,000 people in the UK, which found that video gamers were 4.3 times more likely to participate in betting and 4.5 times more likely to be involved in igaming. By looking at changing behaviors of consumers, the research challenged the popular belief that gaming is predominantly for the Generation Z.  “A generation of console-hoggers, once dubbed digital natives, have retained early enthusiasm for products…