Author: OnlineGamblingDaily

iGaming provider, BGaming, announced Thursday the launch of a new contemporary corporate website. The upgraded resource combines “an eye-catching product presentation form with a modern and valuable instrument for business and marketing”, the company described.  The easy-to-navigate website is packed with renovated brand-style graphics, a user-friendly interface, and new sections including innovative tools and products such as Brand Exclusives games, promo campaigns, and others.  One of the key novelties is a new game profile with interactive elements. For instance, the features description of every title is illustrated with an appropriate video that allows unveiling all the game’s opportunities quickly and…

Tightened border-control measures between Zhuhai and Macau enforced during last month led visitor arrivals to the world’s largest gambling hub to plunge in January, standing at 694,430, a 15.4% month-on-month decrease. The measures were introduced due to Covid-19 outbreaks in the neighboring region. Local authorities sought to impose strict border entry protocols in order to prevent the spread of new variants, including the highly-contagious Omicron variant. While representing a decrease on a month-on-month basis, the arrivals figures are however up 24.7% when compared to January 2021, according to official data from the Statistics and Census Service (DSEC), reports Macau Daily…

The Nevada Gaming Control Board has chosen a video game company executive to join the new Esports Technical Advisory Committee. Che Chou, senior director of esports at Ubisoft Entertainment, received approval Thursday to become the eighth member of its esports committee. The committee is currently composed of esports industry participants, publishers and broadcasters that will advise the Control Board on facilitating esports betting and competition integrity.  Being a 25-year video game industry veteran, with more than a decade of esports experience, Chou manages esports strategy and development for current and upcoming Ubisoft games. He has held high-level esports roles at…

Super Group (SGHC), the parent company of Betway and Spin, on Wednesday provided full-year 2021 preliminary results, with net gaming revenue in excess of $1,520 million, representing an increase of nearly 36% from the prior-year period. Full-year 2021 EBITDA is expected to be above $350 million. The company said this performance in NGR and EBITDA both exceed the most recent forecasts, reflecting growth and profitability in existing and new markets. Super Group has debuted as a public firm on the New York Stock Exchange in late January. Neal Menashe, CEO of Super Group, commented on the business update: “We anticipate…

Should the people get what the people want? If so, California sports betting could become a real thing! The University of California’s Berkeley Institute of Governmental Studies recently collaborated with the Los Angeles Times to find out what citizens really wanted when it comes to betting on sports. The results? Nearly half support it’s regulation int he state! This latest poll of voters in California found a full 45% in favor of legalization, while 22% are still trying to make up their minds on the issue. That leaves about one third of state residents opposed to the idea, which is…

The list of America’s Best Large Employers of 2022 highlights the companies “that  continue to prioritize making their workplace the best for its employees, especially during the trying times that the ongoing COVID-19 pandemic has brought upon the hospitality industry”, Hard Rock International stated in an official press release. In partnership with market research firm, Statista, Forbes compiled the 2022 list by surveying approximately 60,000 Americans working for businesses with at least 1,000 employees. Participants in the survey were asked questions on work related topics including work conditions, salary, potential for development and company image regarding their current employer. The…

Las Vegas Sands has completed the sale of The Venetian Resort assets (The Venetian, Palazzo and Venetian Expo) for approximately $6.25 billion, the gaming and hospitality giant announced on Wednesday. The Strip properties now belong to their new owners: affiliates of Apollo Global Management and VICI Properties. The proceeds from the billionaire transaction are set to enhance liquidity and support investment in current markets and future development projects, the company said in a press statement. Sands was financially advised by Goldman Sachs & Co. during the deal. “The opening of The Venetian more than 20 years ago represents the beginning…

In an ever-growing technological market, Esports Technologies has been seeing an upward trend in their numbers and in expansion terms. After acquiring Aspire Global’s B2C brands in December 2021, the company has seen great impact in its Q1 2022 numbers, amounting to $7 million in revenue. In a video interview with Yogonet, Esports Technologies’ CEO, Aaron Speach spoke about the company’s projects for 2022, new developments such as its e-sportsbook and new Chrome browser tool, which is expected to be launched next quarter, as it contemplates its potential entrance into the metaverse. After Esports Technologies announced the acquisition of Aspire…

Philadelphia-based sports betting exchange Sporttrade announced Wednesday a strategic partnership with Penn National Gaming in Louisiana and Caesars Entertainment in Indiana, pending regulatory approval.  These agreements follow Sporttrade’s recent expansion efforts into New Jersey and Colorado. After regulatory approval, the company’s sports betting exchange platform will be accessible to eligible participants within the specified states starting 2023. Both states represent a strong opportunity for Sporttrade to capture market share. Louisiana has generated over $67 million in total handle thus far and is projected to draw more than $2.5 billion in annual wagering once the market matures. Indiana first launched regulated…

Brazil’s House full floor on Wednesday night voted in favor of a bill that legalizes gambling, including the operation of casinos, bingos and the legalization of the “jogo do bicho.” Bill 442/91 was approved by 246 votes in favor and 202 against, with 2 abstentions. Some proposed key points will be further discussed on Thursday to address potential changes, and the text will head to the Senate, which would debate on it in March. The upper chamber could introduce changes as well, which would take the bill back to the House for consideration. The bill was first drafted by Deputy…

Anyone waiting for Oklahoma sports betting just got a ray hope last week. A bill to bring the activity passed from a House Committee recently, and aims to legalize wagers on sporting events at state tribal casinos. This proposed legislation, House Bill 3008, stops short of regulating mobile betting. All transactions would be required to take place in person at a casino. The Bill was proposed by Representative Ken Luttrell, a Republican, who believes Oklahoma sports betting would be good economically for both the state and tribal gaming. The legislation sets aside 10% of net win for the state. Supported of…

Hard Rock International announced on Tuesday the appointment of Allie Evangelista as the new President of the upcoming Hard Rock Hotel and Casino Bristol, set to open a temporary location in Q2, 2022. In this role, she will report directly to Jon Lucas, Chief Operating Officer of Hard Rock International.  In 2006, Evangelista joined the gaming industry as an Assistant Slot Operations Manager in Missouri. She would continue to climb becoming Director of Casino Operations and then Vice President of Casino Operations at an Iowa casino in 2014. Five years later, she would become the Vice President and General Manager of the Hollywood…

Snipp Interactive, a Toronto-based platform-as-a-Service (PaaS) company in the global loyalty and promotions sector, announced Tuesday the completion of its acquisition of Gambit Digital Promotions Inc., including its wholly-owned subsidiary, Gambit Rewards. This acquisition allows Snipp to connect more than $60 billion market for online gaming and sports betting in unused loyalty points. As previously announced by the company on January 11, Snipp entered into a binding acquisition agreement with Gambit, and each of its shareholders.  Gambit is a regulator-approved consumer network that integrates loyalty programs with online gaming and sports betting in America. It operates a proprietary and patent-pending…

Gaming giant Caesars Entertainment shared on Tuesday its financial report for the fourth quarter and full-year 2021. The company posted net revenues of $2.6 billion for Q4, up from $1.6 billion for the comparable prior-year period. For the full year, net revenues increased to $9.6 billion from $3.6 billion in full-year 2020. The company has also posted a net loss of $434 million in the fourth quarter, compared to a net loss of $555 million the prior-year period; while it reported a net loss of $1 billion for full-year 2021, less than a $1.8 billion net loss in 2020. “Our…

Century Casinos announced Wednesday it has entered into a definitive agreement to acquire Nugget Casino Resort in Sparks, near Reno in Nevada, from Marnell Gaming for a total of $195 million. This will become its tenth casino in North America. The Colorado-based operator will purchase a 50% interest in Smooth Bourbon for $95 million, which represents a capitalization rate of 7.9% based on preliminary 2021 numbers. Smooth owns the land and building underlying the Nugget, and will enter into a lease of the property to Nugget Sparks (doing business as Nugget Casino Resort) for an annual rent of $15 million.…

The British Columbia Lottery Corporation said on Tuesday that, despite projected continued growth, online gambling sites operating illegally in B.C. are increasing their investments in sponsorships and advertising in both the Province of British Columbia and across Canada, which could cut revenues for the company. The Canadian Crown corporation expects enhanced opportunities from the legalization of single-event sports gambling last year, with revenue set to grow 7% in the 2022-23 fiscal year through its online gambling brand PlayNow.com. However, according to a three-year service plan published with the provincial budget, other gambling sites and jurisdictions are expected to cut into…