Author: OnlineGamblingDaily

From industry updates to market insights, we bring you daily coverage of casinos, sports betting, lotteries, and more. Perfect for enthusiasts and professionals, our website delivers reliable and timely information to keep you informed about the evolving world of gambling.

M obile app marketing platform Liftoff, and GameRefinery, a mobile games insight and analytics platform, on Wednesday released its mobile social casino apps report, revealing trends in the mobile market. These include record spend in social casino during the height of the pandemic, as well as shifts in platform engagement following Apple’s privacy regulations and key insights into the value of global regions.  As the pandemic drove a decrease in foot traffic to in-person casinos, social casino titles experienced an uptick. Many consumers took to a new habit of online social casino games, which offer a gambling-like experience without the…

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A s announced on Monday, Betway has become an official partner of the Philadelphia 76ers after entering into a multi-year partnership, which marked Betway’s seventh partnership with a franchise competing in the NBA.  This deal will benefit Super Group’s Betway with brand exposure, as its logo will be displayed during regular-season home games of the team on TV. The signage will also be seen  next to the score table, and throughout the team’s The Center Arena. Courtside LEDs, basket stanchion LEDs and team bench aprons will have Betway’s logo on them.  — betway (@betwayusa) October 25, 2021 The company will…

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N evada’s casinos reported the continuity of its upward revenue trend in September, surpassing a $1 billion gaming win for the seventh straight month.  Casinos statewide posted a win revenue of $1.16 billion last month, according to the new figures released Wednesday by the Nevada Gaming Control Board. These numbers account for a rise of 41% in an year-over-year comparison, when the statewide revenues were nearly $820.98 million.  Clark County casinos alone had a $1 billion gaming win last month. On the Las Vegas Strip, casinos got $640.6 million, more than 80% compared to September 2020. Those win totals are…

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K indred Group shared on Wednesday its report for the third quarter of the year. The company posted double-digit earnings growth, driven by a strong casino performance. Gross winnings revenue for the period increased by 6% (11% in constant currency) to $410 million, while underlying EBITDA grew 13% to $115.6 million. Other highlights of the period include an increase in the number of active customers to 1.7 million, and free cash flow amounting to $70.3 million. Profit after tax for Q3 was $83.2 million. “I’m pleased to present a strong Q3 performance,” said CEO Henrik Tjärnström. He claims the continued…

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R eno-based Monarch Casino & Resort reported a record in its Q3 earnings on Monday, and its shares traded on the Nasdaq exchanged soared Tuesday, closing up 8%, $5.49 a share, to $73.74 a share with volume more than twice the daily average. The company reported net revenue of $111.6 million, an increase of 86.5% from $59.9 million in the prior-year quarter. Net income for the third quarter of 2021 increased 107.7%, and consolidated Adjusted EBITDA of $40.3 million saw an increase of $19.6 million, or 94.9%, over the same period a year ago. This is due to the fact that…

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 October 27, 2021 Several days ago, the head of the state Gaming Control Board announced that sports betting in Louisiana could be up and running by November 1st, as the first licenses are close to being issued. The regulator assured the public that applicants for sports betting licenses were in the final stages of approval. A representative from the Board said that they understand the public is anticipating the launch of sports betting in the state, and that they are “…working overtime” to make it happen sooner rather than later. Although this is good news, the Board could not name…

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T he Hellinikon Casino Resort project was approved by the Greek government on Friday. The Inspire Athens consortium, comprising Mohegan Gaming & Entertainment and GEK Terna, was the winning bidder.  The billion-dollar integrated resort was officially approved by the Hellenic Gaming Commission, and now the company is required to pay $174.8 million to get the project started. The deadline for completion of the Hellinikon project construction has not yet been announced. Inspire Athens is 100% owned by listed Greek construction group GEK Terna, while the necessary casino operating experience required by the terms of the competition is provided by Mohegan. GEK…

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New technology, new adventures! Thanks to the latest top secret teleporting technology that was reluctantly given to us by anonymous DARPA agents, we can now explore and access strange and miraculous worlds that no human being has ever encountered before. First up, we’ll be scouting and exploring 3 mysterious dragon realms. If our expeditions are successful, we may even explore them again in the future. Without further ado, let’s use this teleporting machine and hope it doesn’t malfunction and get us all killed. Dragon Kingdom Eyes of Fire Fire and ice: neither ain’t so nice when you’re on the receiving…

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A push to get sports betting on the ballot in 2022 in Florida is now challenging the Seminole Tribe’s exclusive rights to sports wagering in the state.  The recently created Florida Education Champions committee is working to gather signatures for a petition to get a sports betting amendment on the ballot in November of next year, reports Fox 35 Orlando. For this to happen, they will need to collect nearly 900,000 confirmed signatures by February of 2022. DraftKings and FanDuel have invested $10 million each into the Florida Education Champions. “We believe the Seminoles should not have a monopoly on…

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A Culinary Union rally slated for Thursday, 5 p.m., will be shutting down part of the Las Vegas Strip. Thousands of culinary workers expected to attend the “We Will Come Back Stronger!” event, between Harmon Avenue and Paris Drive. According to the union, 35% of its 60,000 members have not returned to work 20 months after the pandemic began. The Culinary Union says it wants gaming partners in the industry to be successful and for tourists to return to Vegas, but asks for hospitality workers to be able to return to work “at 100%.” “Workers in Las Vegas have built…

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“We decided to accompany the moment we are currently living as a company with a branding change, aligned with this stage of consolidation and expansion at a regional level,” said Latamwin CEO, Wildref Adelsdorfer. “We want to transmit our values and our Latin American identity, maintaining a vision of sustainable growth around the online gaming industry,” he added. The firm which specializes in the provision of services and technological solutions for companies as well as online casinos and sports betting platforms chose to focus on the image of this cunning animal because it is present in most of the countries…

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In our spooky edition of the show, we follow up on the scary New York mobile sports betting news, as they have doubled down on their ridiculous tax rate! It’s a move that some fear could set the industry up for failure before they even launch. We also talk about the record breaking sports betting revenue from the state of New Jersey, and how Pennsylvania is close behind with monstrous sports betting revenue of their own! Hello my friends, and welcome to this Halloween edition of This Week in Gambling, where we have scary New York mobile sports betting news!…

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 October 25, 2021 Starting to get into the Halloween Spirit? Then take a moment to watch our review for the Zombie Hoard slot! It’s a 5 reel, 9 payline slot from Microgaming that comes with Wild and Scatter Symbols! Players spin to hoard brains from the reels! Collect enough of them and you trigger the Free Spins! Plus, Zombie Hoard can go with you on your mobile device! Our friends at Microgaming have released another great online slot, and we’re reviewing it just in time for your trick or treating fun! In the Zombie Hoard slot, you become a zombie…

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