Author: OnlineGamblingDaily

O n a per-share basis, the Las Vegas-based company said it had a loss of 25 cents. Losses, adjusted to account for discontinued operations, were 26 cents per share. The casino operator posted revenue of $1.17 billion in the period, compared to $62 million in the prior year quarter, which also fell short of Street forecasts.  Operating loss was $139 million, compared to $757 million in the prior year quarter. Net loss from continuing operations in the second quarter of 2021 was $280 million, compared to $841 million in the second quarter of 2020. Consolidated adjusted property EBITDA was $244…

The Hong Kong-based operator is accused of labor violations and human trafficking T he US Marshals Service has been ordered to seize assets of Imperial Palace Saipan casino resort’s operator, Imperial Palace International (IPI)’s assets, including gaming machines, computers and furniture. These are taken as part of the payment of a $4 million judgment in favor of seven former construction workers. The Hong Kong-based Imperial Pacific International – the developer of the $3.9 billion integrated resort – has been the subject of numerous lawsuits and regulatory fines. According to local media reports, Chief Judge Ramona V. Manglona of the District…

C asino gaming in Virginia is one step closer after the Lottery Board of Virginia’s approval of proposed permanent casino gaming regulations on Wednesday. This proposal was built upon initial emergency casino regulations previously approved by the Board on February 3. Next step for the final passing of these regulations is Governor Ralph Northam, after which there will be a 60-day public comment period, leading up to the final approval by the Lottery Board.  The Virginia General Assembly assigned regulatory oversight of expanded gaming in the Commonwealth to the Virginia Lottery in 2020. Expanding gaming implies both land-based casinos and…

O rganizers of the event to be held in Miami on August 24-25 announced that it is already at full capacity, including the attendance of Play’n GO —who has the largest number of tickets—, Evolution, Caleta Gaming, and the recent addition of Betcris, GLI and Global Wizards. The Guitar Hotel at the Seminole Hard Rock Hotel & Casino in Hollywood, Florida, will host the VIP event on the first day of SAGSE Miami and has already completed the maximum capacity. Thirty days to go and “we no longer have any extra room available for the VIP event. We have achieved…

FBM Digital Systems CEO Roberto Regianini, in an exclusive interview with Yogonet R oberto Regianini, an executive with more than 20 years of experience in the gaming industry, took over earlier this year as CEO of FBM Digital Systems (FBMDS), FBM’s special unit for the online channel. After more than a year of pandemic, the company was able to attend its first in-person trade event, CasinoBeats Summit, which took place on July 14 and 15 in Malta. Regianini shared with Yogonet details of the products they presented and his dissertation. What are the main characteristics of the four novelties that…

W azdan said Tuesday it has partnered up with operator Swiss Casinos to take its content live in Switzerland for the first time.  The company’s online arm, Casino Zürichsee, is now able to offer five of the 15 certified games Wazdan has in the country, including “Infinity Hero”, “Magic Stars 3”, “Lucky Reels”, “Great Book of Magic Deluxe” and “9 Tigers”.  This alliance marks Wazdan’s first commercial collaboration in the European state, following the certification of 15 of its games in October 2020. The move follows other market entries for the company during the past year, including New Jersey in…

The HALo platform is live at Bally’s Black Hawk casinos in Colorado, and in Iowa’s mobile market L oyalty and gaming operations technology provider House Advantage announced on Tuesday a joint integration between its HALo Loyalty platform and the Bally’s Corporation sports betting platform, Bally Bet. The first-time integration creates a unified process for enrolling and extending loyalty program benefits to Bally Bet mobile bettors. The HALo platform is currently installed in the Bally’s Black Hawk casinos in Colorado, and Iowa, where Bally operates mobile-exclusive betting statewide. The integration automates Bally Rewards and Bally Bet program enrollment, betting activity, rewards…

K indred Group on Wednesday shared the revenue derived from harmful gambling as a part of their “Journey towards zero” project.  The company intends to reach 0% of revenue from harmful gambling by the end of 2023. In the interest of that goal, Kindred has decided to be transparent with data and raise awareness on the course of action to prevent high-risk gambling. For the second quarter of 2021, the share of revenue from harmful gambling increased to 4.3%, up from 3.9% in the first quarter, and the same numbers reported for the final quarter of 2020. However, according to…

A GS was named among the Best and Brightest Companies to Work For in the Nation, and in Metro Atlanta for 2021. This marks the fifth consecutive year that the company has won the coveted nationwide and Atlanta distinction.  AGS competed against other 1,000 nominated companies that were submitted for the Best and Brightest national award. Only 113 were included in the list.  And for the Atlanta Metro area, where AGS has an R&D center and game development studio spread across Duluth and Midtown, AGS was among the top 11% of all Atlanta-based companies nominated. AGS announced this recognition through…

 July 21, 2021 It is with shock and great sadness that the poker world has learned of the death of Layne Flack. The man known as “Back to Back Flack” was found in his home on Monday after passing in his sleep at the age of 52. The response from fellow poker pros was swift, with Mike Matusow saying he felt “gutted” after hearing the news, and Phil Hellmuth calling him legendary. Daniel Negreanu said via Twitter that he and Layne went “way back”, and “Knowing Layne, I imagine he would want us all to celebrate his life and share…

It’s been a golden decade for Team GB at the Olympics, with the buzz of finishing third on home soil at London 2012 topped by an unprecedented showing in Rio – a games that saw the British squad post its best medal return since 1908. However, that’s not always been the case. Here’s our look at some of the best and worst GB medal performances from recent games as we keep our fingers crossed for another medal-laden summer in Tokyo… GB Medal Performance At The Games | How Will Tokyo Compare? First up, let’s start with the absolute nadir for…

First-ever survey on Olympics betting expectations by the American Gaming Association A head of Friday’s Tokyo Olympics opening ceremony, the American Gaming Association (AGA) released new Olympic wagering data on Tuesday. According to the figures provided by the poll, AGA has found that 20.1 million American Adults (8%) plan to wager on the Tokyo Olympics. Of the events Americans plan to wager on, basketball and soccer are most popular (45% and 34% respectively), while 28% are waging on gymnastics, 27% on track and field, and 27% on swimming.  It was also found that the vast majority of bettors will place…

IGT Advantage casino management systems will add the digital casino marker technology I GT announced Tuesday a new partnership with Marker Trax in a step forward in their strategy to develop their cashless gaming technologies.  The coming together of these two companies will give IGT ADVANTAGE casino management systems users the option to integrate Marker Trax technology into any variation of an IGT Resort Wallet deployment. The company said this collaboration enables the maximization of opportunities that the cashless segment provides, while focusing on player convenience, record keeping, security, casino liquidity, among other aspects. When IGT’s wallet and Marker Trax…

JACK Cleveland Casino and Thistledown Racino will debut this tech for Northeast Ohio T wo JACK Entertainment Cleveland casinos, Thistledown Racino and JACK Cleveland Casino announced that they will be implementing a new digital cashless system, JACK Mobile Wallet, a cashless mobile wallet system made by Everi Holdings, a Las Vegas digital wallet creator. The new cashless mobile wallet system utilizes Everi’s digital CashClub Wallet technology. JACK Thistledown Racino recently installed the first commercial digital wallet implementation in a Northeast Ohio gaming facility, with an anticipated launch at JACK Cleveland Casino to follow. Jack Entertainment said digital wallet technology will…

P ointsBet announced Monday its plans to partner in the recently legalized Arizona sports wagering market via an agreement with Cliff Castle Casino Hotel, owned by the Yavapai-Apache Nation. Per the new agreement, PointsBet Arizona, the wholly-owned subsidiary of PointsBet Holdings, will be working directly with the Yavapai-Apache Nation in pursuit of a license to operate online sports wagering in Arizona, representing the 16th state in which the rapidly growing PointsBet has secured a licensed path to market access. PointsBet USA CEO Johnny Aitken, commented: “PointsBet and our partners at Cliff Castle are proud to begin the process toward offering…

As imposed by the Clark County Commission, which will review the measure on Aug. 17 T he Clark County Commission on Tuesday voted to require employees of businesses across that Nevada jurisdiction, including Las Vegas casinos, to wear masks while working in indoor public spaces. The measure follows new policy rules announced Friday by a number of Las Vegas casinos, including Sands, to reimpose mask mandates for employees regardless of vaccination status, following new recommendations from the Southern Nevada Health District (SNHD). Elected officials in Las Vegas showed their concerns about public health and the economic effects of a spike…