Author: OnlineGamblingDaily

NagaCorp, a Hong Kong-listed company controlled by Malaysia’s Chen Lip Keong that operates two casinos in Cambodia, announced last week that it is suspending work indefinitely on the planned Primorsky Entertainment Resort City project in Vladivostok, Russia, “until the circumstance is clearer,” the Phnom Penh-based firm said in a filing to the Hong Kong bourse late on Thursday, as reported by Reuters. The statement, from corporate secretary Lam Yi Lin, made no mention of developments in Russia, which as of late has been strongly affected by economic sanctions by many countries after it invaded Ukraine. The statement said that the company…

On March 1, West Virginia passed SB 100 bill allowing existing casinos/racetracks to open a second gambling venue in the same county. The satellite casino bill, which is almost the same one that died in the Senate in 2019, was brought back to debate by Senator Eric Nelson. It now applies to Ohio, Hancock, Jefferson and Kanawha counties, where casinos are already located.  The bill has now been introduced in House, and faces discussions in House Judiciary and then Finance panels. Provided it gets signed into law, the West Virginia Lottery Commission would need to approve a location, with voters…

We’re off to Wetherby for today’s racing tips ahead of an intriguing seven-race card from the West Yorkshire racecourse, with ground conditions set to be heavy today. Ready for today’s suggested trio? Racing Tips – 7th March – Wetherby Racing Tips 🏇 14:55 – Cartonne – 9/4 Inching closer to a breakthrough career win having posted best effort to date at this course back in January; leading claims given blossoming relationship with Brian Hughes this term. 🏇 16:05 – Seven No Trumps – 5/2 Could return to winning ways for the in-form Skelton yard having underwhelmed as favourite at Market Rasen…

U.S. iGaming affiliate site PlayersBest.com has announced its expansion into another state, starting its marketing activities in Louisiana, which has recently opened retail and online sports betting operations.  Louisiana joins other jurisdictions for PlayersBest.com, with New York, New Jersey, Pennsylvania, Iowa, Illinois, Indiana, Virginia, Tennessee, Colorado, Michigan, and Arizona already established.   “Fresh off its nomination for Best Newcomer at the iGBA Awards, PlayersBest.com’s latest advancement proves the site is determined to build on a strong start and further its penetration into the US gaming market. With the site bringing its focus on sports, gambling, and casino content, residents of…

Circa Resort & Casino is set to become the first Las Vegas resort to debut an NFT to the blockchain with a utility NFT art collection.  The flagship kicking cowgirl neon sign, Vegas Vickie, was painted by renowned artist Jason “Borbay” Borbet. The details surrounding the NFT tiers, real-life utility functions and mint date will be announced in the coming weeks, the company said in a press release Thursday. The NFT will pay homage to Vegas Vickie, a 20-ft. blonde cowgirl neon sign who made her mark on the world-famous Fremont Street Experience in 1980, smiling into the crowds while…

Veteran industry lawyer Witoldo Hendrich Junior, Chief Legal Officer for Brazil and Partner at registered payment facilitator Online IPS, has warned of the significant dangers of attempting to enter LatAm markets prematurely and without the necessary knowledge. Speaking ahead of the company’s appearance at ICE London, stand N10-585, the Online IPS partner, who has lectured in taxation as a University Professor in Rio for close to 20-years, stated: “Taking Brazil as an example, with a population of 220 million, the country is on course to become one of the most important sports betting markets in the world but one which…

Online sports betting is debuting in Arkansas through West Memphis gaming facility Southland Casino Racing. The venue has launched its Betly sportsbook product, the first available in the state, as two competing operators work on making their own apps available to the market. The casino expects that becoming the first in Arkansas to launch mobile sports wagers will give it a head start in the race. Mobile sports gaming officially became legal last week, on March 4, after a proposed rule by the state’s Racing Commission allowing betting off casino premises secured final approval. “The Betly online sportsbook will make…

On Saturday, Illinois permanently eliminated the in-person registration requirement for statewide sports betting, just in time for NCAA men’s basketball tournament March Madness, and analysts say it could boost Illinois to a record $1 billion in legal sports bets this month. On the same day, BetMGM launched mobile sports betting operations in the state, marking its 22nd market. BetMGM has become the online sports betting platform for Par-A-Dice Casino in East Peoria, which formerly used the FanDuel sports app. FanDuel will continue to run the retail sportsbook at Par-A-Dice, Gaming Board spokesman Joe Miller told the Chicago Tribune on Friday. Illinois now…

 March 6, 2022 This Week in Gambling is talking about online gambling expansion with Casey Clark, the Senior VP of Strategic Communications at the American Gaming Association. Discussion includes how the Coronavirus pandemic helped the the growth of mobile sports betting, and our industry’s growing use of digital currency. The rise in mobile sports betting and online gambling expansion in the U.S. enabled the commercial gaming industry to reach a record $13.6 billion in revenue in the second quarter of 2021, crushing the old mark of $11.1 billion set in the third quarter of 2019. The American Gaming Association is…

Esports Entertainment Group has successfully completed its public offering of common stock and warrants, the business announced on Wednesday. The esports and online gambling company has now raised proceeds of $13.6 million net of underwriting discounts, commissions and estimated offering expenses. New funds will target growth potential produced by the company’s newest esports products, as well as its European-based iGaming and online sports betting businesses. EEG sold 15,00,000 shares of common stock and warrants to purchase 15,000,000 shares of common stock for a combined effective offering price of $1.00, with each common share accompanied by a warrant, the business explains.…

The Alabama Senate has now seen the introduction of a new comprehensive gambling proposal which, if approved, would greatly expand gaming options available in what is one of the most restrictive states in regards to this industry. The legislation, introduced by State Sen. Greg Albritton (R-Atmore) on Thursday, if approved by the legislature, would then be placed on the ballot as a constitutional amendment for citizens in the Yellowhammer State to vote on, local media reports. Albritton’s proposal seeks to establish the Alabama Education Lottery, which would be under the supervision and regulation of a new body called the Alabama…

The Iowa Racing and Gaming Commission on Thursday decided to launch its application process for a Linn County casino license. The push to build a casino was approved by voters in the county in a gaming referendum held last November and could potentially open the door to the development of a gambling venue in the state’s second-largest city. A timeline for applications has not yet been announced, reports KCRG. The regulator has directed its staff to launch the process, with all commissioners who denied a Cedar Rapids license in 2017 and 2014 having cycled off the panel in the years…

Zitro has provided the Mexican Winpot Group with more than 200 GLARE cabinets with its latest innovations: Altius Glare and Megashare Lounge. Megashare Lounge is the company’s latest innovation, capable of uniting different Zitro cabinets and diverse games to the same mystery prize. Recently, Capri Guadalajara, Diamonds Cordilleras, Winpot Puebla, Winpot Boca del Río, Winpot Tuxtla, and Winpot Tonalá have added the new Megashare Lounge to their gaming offer, to which new games will be continuously added. With Megashare Lounge’s new shared progressive system, if one player wins the MEGA jackpot, all players win. With over 100 cabinets installed, Winpot…

Rob Phythian has served as SharpLink Gaming’s President and CEO since he co-founded the Company in 2019. From 2015 through June 2021, he also served as CEO — and remains a member of the Board of Directors — of SportsHub Games Network, Inc., a fantasy sports consolidation and daily game operator. Before SportsHub, Phythian served as CEO of Sports Data, a sports content provider which he co-founded in 2010 and later sold in 2013 to Sportradar AG, an international sports data company. Earlier in his career, he founded Fanball.com, an online fantasy sports site and publisher of the first weekly…

The New Jersey Division of Gambling Enforcement has fined DraftKings $150,000 for allowing a Florida man to make online sports bets from his home by having a friend who was present in New Jersey place the bets for him.  In an action made public Wednesday it was revealed the New Jersey regulator has reached a settlement with Boston-based DraftKings concerning the so-called proxy betting incidents that are forbidden under state regulations.  The operator also agreed to a series of corrective actions, including voiding 21 bets the Florida man had made that were still pending, closing his account for proxy betting,…

With college basketball about to dive into March Madness, unprecedented real-money micro-betting opportunities are now available from Simplebet. As the only in-game micro-betting opportunities available for college basketball, next-score markets are live across 12 states, with more markets expected to roll out as the 2022-23 season begins in early November. For more than 550 college basketball games remaining this 2021-22 season – including many conference tournaments, a majority of NIT games, and ALL of March Madness – Simplebet will offer various markets both pre-game and throughout the entirety of each match, for every made field goal of every game: Predict which…