July 14, 2021 If you are an operator wanting to offer New York mobile sports bets, get ready to pay a heavy price. After years of trying to pass legislation to allow the activity, the state of New York seems pretty proud of themselves. The cost for the privileged of serving players in the Empire State? How about $25 million up front for the license, and 50% (or more) in taxes on your gross revenue! Additionally, the state would prefer to deal with operators who already have a revenue sharing agreement with a Tribal Gaming interest within the state, and…
Author: OnlineGamblingDaily
A llied Esports Entertainment today announced the completion of the sale of the entities comprising the World Poker Tour®, to Element Partners. The transaction was approved at a special meeting of the Company’s stockholders on July 1, 2021. As previously announced, the purchase price of the transaction totaled $105 million and included 100% of the outstanding capital stock of each of the legal entities that collectively operated or engaged in the Company’s poker-related business and assets. “This is a momentous day for AESE and an opportunity to focus on growing the business in exciting and innovative ways,” said Frank Ng,…
T he brand-new electronic casino, situated in the monumental original cinema and theatre complex of the former “Scala Bioscope”, welcomed over 70 guests at a festive midnight opening.Casino ADMIRAL Helmond is the 7th Casino ADMIRAL venue in the Netherlands since Casino ADMIRAL Hoofddorp premiered in 2015. At full capacity, the casino is able to host guests at 190 player positions, making it the largest casino in the region. Currently though, due to the COVID-19 restrictions and strict safeguarding protocols, capacities are limited to allow for the necessary social distancing. The interior design of Casino ADMIRAL Helmond was inspired by the…
A small but prosperous country on the eastern shores of the Baltic Sea, Lithuania experienced a boom in online gaming over the past two years. The local gambling market’s spectacularly quick shift towards iGaming was further solidified by last year’s lockdowns, and local authorities were pushed to revise existing regulations to guarantee a good mix of player safety and attractiveness to investors. While various amendments have already been approved, in mid-June the government proposed a comprehensive reform of the licensing system for gambling operators, which would make acquiring a dedicated online gambling permit much simpler for new operators. In this…
i Gaming provider BGaming has gathered five hot slots from its lineup especially for the summer season. The underwater world of Deep Sea The slot features neon colours, stylish graphics, and lots of treasures buried at the sea bottom. Wilds, Free Spins, and Special symbols dropped on the reel transform the sea adventure into the winning race. It also offers a Deep Sea soundtrack. World tour with Journey Flirt Journey Flirt is a fairytale slot unveiling the love story of John and Faith, a playful taxi driver girl who decides to go for a world trip. The game is a 5×3…
T he Wyoming Gaming Commission (WGC) announced on Tuesday that it will make its application for sports betting operators in its state available on its website starting Thursday, July 15, giving potential applicants clear “directives” to follow regarding their licensing process. Back in April, Governor Mark Gordon signed bill H.B. 133 into law, which provides for legal online sports wagering in the state, the law allows for five internet sportsbook licenses, each at a cost of $100,000, with an annual renewal set at $50,000. So far, a number of major national operators have submitted formal letters of intent to imply…
It received a license to be operated by Deba Square, and marketed by local provider Concept Booth G GPoker is extending its reach in the European regulated markets. On Tuesday the company announced that from July 31, players in Belgium will be able to sign up at ggpoker.be as a locally licensed online gaming site and play on the GGPoker Network. GGPoker.be is operated in Belgium by Deba Square, a company licensed and regulated by the Belgian Gaming Commission, with the B+ gaming license number 3805. GGPoker has also partnered with Concept Booth, an established poker grassroots Belgian company, operating…
Richmond City is considering extending the Dec. 31, 2023 deadline to Oct. 1, 2024 W ith the final terms of a casino development deal still subject to approval by the Richmond City Council, the city is considering extending a previously targeted December 31, 2023 deadline for the opening of the city’s planned casino to Oct. 1, 2024, news emerged Monday. City officials explained that pushing back the deadline would give the casino developer more time and flexibility while waiting for a license from the Virginia Lottery. In June, the City Council voted 8-1 to hold the referendum for the $…
B ally’s Corporation announced Tuesday that it has acquired the Association of Volleyball Professionals (AVP). The gaming and betting company has taken hold of the premier professional beach volleyball organization. The purchase of the AVP’s assets include digital photo and video, trademarks, agreements and associated recurring membership revenue and all proprietary tournament and league management software. “The AVP is an attractive asset that complements our rapidly expanding U.S. sports betting vision,” said Bally’s senior VP Adi Dhandhania. The corporation’s goal is “to gamify and incorporate interactive content into beach volleyball with the intention of driving traffic to its platforms and…
T he Michigan Gaming Control Board (MGCB) said Monday it has authorized the Nottawaseppi Huron Band of Potawatomi Indians and their platform provider partner, NYX Digital, to launch internet casino gaming and online sports betting under the FireKeepers Casino Hotel brand. Operations began July 12 at noon. FireKeepers worked with NYX Digital to develop a self-branded platform. The casino joins just two others in the state to launch a self-branded product along with Four Winds Casino and a yet-to-launch platform from Soaring Eagle Casino. “We are thrilled to be able to provide another level of entertainment to the people of…
We have a huge week of online poker news, with three more states talking about forming online poker compacts across state borders! There is also the option of joining the existing poker agreement that’s between Nevada, New Jersey, and Delaware. As good as that news was, it wasn’t all great for poker news as Caesars has reached a sad decision about their Planet Hollywood poker room in Las Vegas. Hello friends! And welcome to This Week in Gambling, where we’re following online poker news from sea to shining sea! And some land-based poker news as well! Both are this week’s…
P enn National Gaming announced today that it expects to open Hollywood Casino York to the public on Thursday, August 12th, at Noon, pending final customary regulatory approvals. Located in the York Galleria Mall in Springettsbury Township, the Category 4 casino represents Penn National’s third facility in Pennsylvania, joining Hollywood Casino at Penn National Race Course in Grantville and The Meadows Racetrack & Casino in Washington. A fourth property, Hollywood Casino Morgantown, is scheduled to open later this year. “The countdown to our grand opening begins today,” said Ruben Warren, Vice President and General Manager for Hollywood Casino York. “We’re…
I nspired Entertainment announced on Monday that it has launched its V-Play Plug & Play™ solution – a complete end-to-end online and mobile virtual sports offering – on BetMGM Casino, Borgata Casino, and Party Casino in New Jersey. “We are thrilled to be able to offer Inspired’s leading virtual sports to BetMGM players – providing an engaging player experience and further complementing their casino and sports betting offerings,” said Brooks Pierce, President and Chief Operating Officer of Inspired. “We have a longstanding relationship with BetMGM and they have built a great platform with recognized brands. We believe V-Play Plug &…
O n September 28th, 2021, the best operators across five European markets will be celebrated at a large award show in Amsterdam. Global sports betting media group, Better Collective and its flagship brands in the five markets are behind the Better Collective Bookmaker Awards 2021 that will present the best performing bookmakers across a variety of categories which have been determined after extensive market and player research. The objective with the awards is to help online bettors to better navigate the markets based on the criteria they find relevant and valuable. At the award show, the best bookmakers will…
T win Arrows Navajo Casino re-opened July 12 in Flagstaff, Arizona after being shutdown for more than a year because of the COVID-19 pandemic as Covid-19 restrictions have been lifted. The new protocols for this phase, which includes the Twin Arrows Hotel, involve the use of masks while inside the casinos, and temperature checks as well. Players must show a government-issued ID to enter. Even though the ban on non-residents of the Navajo Nation has been lifted, the night curfew from 11 p.m. to 5 a.m. remains in effect. Navajo Nation Gaming Enterprise CEO Brian Parrish assured that 80% of…
T he company announced that the underwriters of the offering will also have a 30-day option to purchase up to an additional 1,125,000 ordinary shares from the selling shareholders at the initial public offering price, less underwriting discounts and commissions. The initial public offering price is currently estimated to be between $11.00 and $13.00 per ordinary share. The Company has applied to list its shares on the Nasdaq Stock Market under the ticker symbol “GAMB.” Jefferies LLC is acting as lead book-running manager and representative of the underwriters for the offering. Stifel, Nicolaus & Company, Inc. and Truist Securities, Inc.…