K onami Holdings Corporation released Thursday its financial results for the fiscal year ended March 31, 2021, reporting an increase in full-year earnings driven by revenue growth. Total revenue in the period was 272,656 billion yen ($2.48 billion), a 3.7% increase from last fiscal year. Operating profits amounted to 36,550 billion yen ($333 million), an 18% growth year-over-year. Business profit increased by 45% and profit for the year climbed 62%. The digital entertainment segment was the main profit driver with a 33% increase to bring $1.86 billion, while earnings across Konami’s amusement, sports and gaming & systems sectors were down. The…
Author: OnlineGamblingDaily
S ony files a patent for a gambling system that could potentially allow PlayStation users to make bets on live esports events. The patent was filed in 2019 but published this month, and describes a system that allows users to bet currency (including Bitcoin) or digital items, with odds determined by machine learning. The patent could, in theory, be used to allow live match betting on eSports games such as those held during the EVO fighting game tournament, which the PlayStation parent jointly acquired earlier this year. According to the patent, Sony’s system would use the past histories of players…
B etConstruct has developed x50Wheel, a continuous game that the players can join at any moment. With 4 colored buttons with different odds, the game suggests players predict where the wheel is going to land. The players choose one of the offered colors and place the bet. The winning position is not determined at the moment when results are in, but rather 5 games prior to the ongoing round to assure fairness. The game highlights some appealing features, such as a demo mode, dark theme option, background music switcher as well as statistics, and game history. By integrating the new…
I ndiana’s sports betting industry experienced another month-over-month decline in April, as wagering dropped to its lowest level since October 2020. But in a state that has known little else but growth, the expected decline is indicative of the beginning of a typical sports betting slowdown period that will likely last until the beginning of football season, according to PlayIndiana, which provides news and analysis of the state’s gaming industry. Indiana sportsbooks collected $236.4 million in wagers in April, according to official reporting released Wednesday. That is down 25.4% from $316.7 million in March and counts as the lowest monthly…
U .S. casino group Mohegan Gaming and Entertainment expects that a luxury casino resort on the site of the former Athens airport will be ready by 2026, a top company executive said last Friday, giving a timeframe for the first time on development plans, reports Reuters. The consortium of Mohegan and Greek construction group GEK Terna last year won a Greek tender for the construction and 30-year operation of the casino resort on the site of the former Hellenikon airport located on the Athens seafront. The next steps in the process include signing the contract and clearing it with Greek…
May 16, 2021 As Las Vegas casinos reach their vaccination goals and begin to fully reopen, the Nevada Gaming Control Board has decided that the casinos can each set their individual face mask policies. The move comes as the Centers for Disease Control announcement that people who have been vaccinated don’t need to wear face coverings, even if they are indoors. However, that does not necessarily mean that inoculated people can go anywhere without a mask. Casinos are also free to continue the face mask requirements for their guests if they choose to do so. A spokesperson for the Gaming…
Several individuals usually spend most of their time trying to entertain themselves or look for something that would distract them from their daily work stress. Both land-based and online casinos have been among the preferable places for entertainment and fun moment. However, most people prefer online casinos to land-based casinos due to the many advantages that come with it. Below are the benefits of online casinos: Free Online Games The best thing about online casinos is that you are allowed to play free games. The best thing about playing free games is that it will enable you to learn the…
May 15, 2021 It’s time for a look at the Loco the Monkey slot, a 5 reel, 50 payline game from our friends at Quickspin! You’ll find both Bonus Spins and a Bonus Round, along with Wild and Scatter symbols! You can watch more video reviews for other Quickspin games like Hall of the Mountain King and Golden Glyph right here on our website! Loco the Monkey Slot: More Monkey! Respins: When you get four or more Wild Symbols on the reels in a single base game spin, it will trigger the More Monkeys! Respin feature. During the Respin feature,…
May 14, 2021 Despite a pandemic that killed the travel business, the American gambling industry has come back strong and is even setting new records. Commercial gambling revenue in the United States reached $11 billion in the first quarter of this year. That number ties the previous record revenue from 2019, according to the American Gaming Association. Over half the states with commercial casinos saw quarterly gaming revenue increases as well, with many reporting record quarters. The first quarter of this year also set a record for sports betting revenue, with the $961 million bet on events. Casino table games…
he industry event will bring together Ukrainian and international companies that will present the best products for launching and developing a gambling business on their stands: equipment, games, slot machines, betting software, payment acceptance systems, platforms for online casinos, marketing tools and many other.UGW 2021 will be a perfect place to look for advanced gambling solutions on a reviving market. Visitors will be able to establish useful contacts, meet potential business partners and investors to implement business ideas. Valid program of Ukrainian Gaming Week 2021A rich and interesting program awaits guests of UGW 2021. It includes a two-day exhibition and open…
The online sportsbook’s license is fully effective, and there is no active investigation T he Tennessee Education Lottery (TEL) on Thursday said its suspension of Action 24/7’s sports gaming license is “null and void”, reports the Nashville Post. The TEL’s suspension of Action 24/7’s license came on March 19 from Lottery Board Chair Susan Lanigan after accusations of money laundering and suspected credit card fraud. Action 24/7, which is run by executives who also run Advance Financial, filed suit against the Lottery four days later, saying that Lanigan acted unlawfully because she didn’t consult the full Lottery board or its…
The re-scheduled event is set to take place 12-17 Sept. at the Boston Mariott Copley Place L ooking forward to the global recovery from the Covid 19 Pandemic, the International Association of Gaming Regulators (IAGR) have confirmed that their 2021 Conference will go ahead in person from 12 to 17 September 2021 in Boston, Massachusetts, USA. In announcing the re-scheduled event, titled “Disrupting the Regulator: Sparking innovation in regulatory practice,” IAGR President Mabutho Zwane said: “As regulators, we recognize ongoing dialogue and collaboration across nations is vital to the continued success of our industry. This is particularly important at this…
The deal involves a comprehensive suite of solutions to enhance live-game coverage S portradar and NBC Sports Regional Networks announced a new data and content agreement, under which Sportradar provides the networks a comprehensive suite of solutions and offerings from the company’s Broadcast Services to enhance its live-game coverage. The expanded deal builds upon Sportradar and NBC Sports Regional Networks’ existing betting data and content partnership, which on April 22 produced an alternative betting broadcast of a Chicago Bulls game. The NBC Sports Regional Networks are leveraging Sportradar’s expertise in seamlessly bringing together live sports and data to drive fan engagement.…
The first licensed Megaways game is the latest addition to the supplier’s progressive system B Blueprint Gaming´s Diamond Mine Megaways has become the latest addition to the slot developer’s Jackpot King progressive system. Diamond Mine Megaways broadens the appeal of Jackpot King, which now has over 60 titles within its games library. The mining adventure slot was the first licensed Megaways game released to the global market in 2018 and broke various Blueprint records upon its launch, including the highest plays and stake per user. Earlier this month, a lucky PokerStars Casino player scooped a record-breaking payout of €8.1 million from…
A s the football season approaches with the UEFA and Copa América championships as well as the Olympics, software provider BetConstruct hones its complete sports betting offer. This massive flourishing of events coupled with the genuine passion of sporting fans revitalizes sportsbooks all over the world, according to BetConstruct, which believes it is the best time for operators and startups to surf this wave of betting enthusiasm. “Landing on the world of digital product, BetConstruct has been working on its Sportsbook since the very first day it was launched as a B2C operation. Upon securing global presence and coverage ranging…
P ariplay has launched Phoenix Kingdom a 5-reel, 3-row fantasy video slot. The new game takes players into a place where phoenix birds have risen from the ashes to find safety and solitude from the outside world. Players will find a mythological setting hidden deep in a mountain range. Special Reel prizes, above each reel sits a prize of Credits, Free Spins, or a Wild Bonus, triggered when the Phoenix Egg lands on that respective reel. Stacked Wilds can also appear and each Wild symbol has a credit value on it which is unlocked when the Phoenix Egg lands on…