Author: OnlineGamblingDaily

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…

 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…

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…

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…

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…

The property will close on November 1 to begin an expansion process to expand the gaming floor, and other spaces in the tavern. The renovation process is expected to be finished by the end of the year, when it plans to reopen.

Even though the year-over-year comparison did not favor New Orleans’ properties, Louisiana’s regulator found that the rest of the state’s casino markets saw an increase of 27.7%, which accounted for $159.7 million out of the 13 riverboats, four racinos and Harrah’s.

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…

“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…

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!…

Who wins the Ballon d’Or? Here’s our look at the main Ballon d’Or contenders ahead of this year’s awards ceremony in Paris… The post Ballon d’Or Contenders | Who Wins The 2021 Ballon d’Or? appeared first on Marathonbet Blog.

 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…

 October 23, 2021 Despite land-based casinos making nearly $8 million less than they did in July, Pennsylvania sports betting was able to bring in $580 million in August, which was the second highest total ever. Even though casinos in the state were down from the previous month, generating just over $415 million, it was still a 46% increase from the same time last year. Betting on sports managed to make August revenues nice, with over a 66% increase from July. Sports betting volume, both online and at sports books, turned out to be the second highest ever. The good numbers…

 October 22, 2021 Here we go! Right before the scary holiday we’re rolling out our review for the Happy Halloween online slot from Play’n GO! This is a 5 reel, 50 payline game with both tricks and treats, Bonus Spins, plus Wild and Scatters! And if you’re feeling lucky, take advantage of the Gamble Feature! Play’n GO got it right with their Happy Halloween online slot! Have a spooky good time with the 5 reels and a cast of scary characters such as witches, ghosts, mummies and even Frankenstein! Plus, look for Jack the Jack O’ Lantern to show up…

L as Vegas Sands has bought buildings in Vegas’ southwest valley for the development of future headquarters. The casino operator purchased two office buildings and a parking garage on Durango Drive, just south of Hacienda Avenue, for $21.55 million in an operation closed last month. According to a marketing brochure, one office building spans 31,647-square feet, while the other spans 79,109-square feet, reports Las Vegas Review-Journal. Sands completed its exit from the Strip earlier this year by selling The Venetian, Palazzo and the former Sands Expo and Convention Center for a combined $6.25 billion. While the company closed its Vegas…

H eadsUp Entertainment International has signed an agreement with NFT technologies and marketplaces company TOKONOMICA, announced both parties on Friday. “This emerging global sector will create substantial asset value and revenue to the HeadsUp business model,” stated the gaming operator on a press release. By entering the Non-Fungible Token marketplace via this partnership with the Portugal-based company, HeadsUp will look to drive “NFT orientated opportunities.” Both parties target “an immediate progression” into a formal business agreement, with HeadsUp acting as an exclusive business development partner across North America, South America, and Central America. “We are confident in this relationship and…