Author: OnlineGamblingDaily

MGM, Wynn, Caesars, Encore, The Cosmopolitan and The Strat are also at 100% capacity S tation Casinos’ gaming floors in Las Vegas are now allowed to operate at 100% capacity, reports Las Vegas KLAS. The company said it received approval from the Nevada Gaming Control Board to increase its occupancy at all of its opened properties, including Red Rock, Green Valley Ranch, Palace Station, Boulder Station, Sunset Station, and Santa Fe Station, effective immediately. We are pleased to announce we have received approval from the Nevada Gaming Control Board to increase our gaming floor occupancy to 100 percent at all…

M ohegan Gaming & Entertainment (MGE) saw an 11.5% decline in net revenue during the quarter that ended March 31, while Mohegan Sun’s year-over-year net revenue for the same period was up 3.7%. The Mohegan tribe’s global gaming enterprise said Thursday it posted net revenue of $278.6 million in the second fiscal quarter 2021, down from $314.7 million in the same three months the previous year. Compared to the same quarter in pre-pandemic 2019, the latest quarterly figure was down 9.4%. Income from operations of $44.9 million compared to a loss from operations of $106.3 million in the prior-year period,…

L Vision and LSports, the sports betting data provider, have announced a new exclusivity agreement that will see LSports become the sole distributor of all of LVision´s current and future products for the next two years. LVision was founded in 2018 and set to collect and generate unique sports data and solutions, some of them being BetBooster, an AI-based automated live sports betting tips systems, the tennis Betting & Animation Widget, a converter of live streaming into real-time visualization, insights, and match analysis, among others, according to a press release. Ido Lazar, LVisions’ Founder and CEO stated in a press release:…

He is the former General Manager of Tabcorp Holdings Australian wagering division F DJ (La Française des Jeux) earmarked Wright’s experience and knowledge of sportsbook management and day-to-day operations, having served in a number of sportsbook executive roles for Ladbrokes, Betclic Everest, Stan James, and UK Betting Plc., according to SBC News.   Andy Wright Chief Executive of Sporting Group said: “I am delighted to join Sporting Group at this exciting period of its evolution. I have admired its excellence of pricing, trading, and risk management for many years and how it has leveraged this capability and the Sporting Index brand…

B ragg Gaming Group and Spin Games LLC announced they have entered into a merger agreement, under which Bragg has agreed to acquire Spin, a Reno, Nevada-based B2B gaming technology, and content provider, in a cash and stock transaction for a purchase price of approximately $30 million. Under the deal, the sellers of Spin will receive $10 million in cash and $20 million in common shares of Bragg of which $5 million in common shares will be issued on closing and the balance over the next three years. The transaction will close following final approval from state gaming regulators and…

P aysafe Limited, a specialized payments platform, announced its financial results for the first quarter of 2021. Its total revenue was $377.4 million, an increase of 5% compared to the first quarter of 2020. However, Paysafe’s total net loss was $49.1 million, an approximate $2 million increase compared to the previous year. The company’s total payment volume was at an increase of 8% with $27,7 billion. Adjusted earnings before interest, tax, depreciation and amortization (EBITDA) totaled at $113.2 million. Paysafe’s CEO Philip McHugh, said: As we embark on our next chapter as a public company, we are pleased to deliver…

Four massive jackpots were awarded on its Megabucks, Powerbucks, and Wheel of Fortune slots I nternational Game Technology PLC (IGT) announced that four massive jackpots totaling more than $16 million were awarded on its Megabucks, Powerbucks, and Wheel of Fortune slots games in April. Lucky slot players won the following million dollar-plus jackpots on IGT games: On April 20, a Wheel of Fortune slots player won $1,914,302 playing Wheel of Fortune New Orleans at WinStar World Casino and Resort in Thackerville, Oklahoma. On April 26, a Megabucks slots player won $10,453,269 playing Megabucks Triple Double Stars Wheel at South Point…

P ragmatic Play has announced the launch of its newest video slot, Phoenix Forge, inspired by a mythical creature. The 5×3 video slot sees players traverse the reels in search of the ancient and legendary phoenix, with the 20-payline game featuring tumbling reels with a built-in multiplier system. Every time a symbol is part of a winning line, it will be removed from the reels, with an increasing multiplier being activated in the empty spot before new symbols tumble down to fill it. Every successful cascade that fills that spot will see the multiplier count increase by 1x on that…

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Last week we reported that several Las Vegas casinos had been allowed to open at full capacity. The Cosmopolitan, along with the Wynn and the Encore, were the first to get to 100% occupancy for their casino floors. Now, several more casinos have joined them. Yesterday, word came down that The Strat had received permission from the Nevada Gaming Control Board to fully open. Now comes word that many more Las Vegas casinos will be joining them: Caesars Entertainment announced that all of their properties around Sin City were operating with no occupancy or social distancing restrictions. That includes Caesars…

W e read a lot about how technology is revolutionizing online gambling, but what about how the use of technology is attracting new demographics of gamblers and customers? The combination of the two is leading to whole new market segments that operators can cater to. It’s an exciting time, and there is plenty more to come! The emergence of eSports According to Statista.com, there are around 286 million eSports fans globally, an increase of almost 100 million in two years. Experts predict that at the current rate of growth, this number could reach 292 million by the end of 2024.…

I nspired Entertainment generated total revenueof $22.8 million, a net loss of $16.7 million and Adjusted EBITDA of $3.9 million in the three months ended March 31, 2021 on a reported basis4. As previously communicated, the Company’s worldwide land-based businesses were almost entirely closed for the three-month period ended March 31, 2021 due to the ongoing COVID-19 global pandemic (COVID-19 Closures). Results included a payment from a UK Licensed Betting Operator (LBO) customer related to our contractual revenue share of its value-added tax (VAT) rebate. VAT-related revenue and VAT-related income positively impacted revenue, net loss and Adjusted EBITDA by $3.1…

M GM Resorts International this week announced that the Nevada Gaming Control Board has approved a return to 100% occupancy and no social distancing on the gaming floors located inside the company’s Las Vegas Strip properties. Those properties include Bellagio Resort & Casino, ARIA Resort & Casino, MGM Grand Hotel & Casino, Mandalay Bay Resort and Casino, Park MGM, The Mirage Hotel & Casino, New York-New York Hotel & Casino, Luxor Hotel and Casino, and Excalibur Hotel & Casino. The waiver was granted based on MGM Resorts’ work to vaccinate its workforce and applies only to gaming floors. Current 80%…

C aesars Entertainment announced on Wednesday that the Nevada Gaming Control Board has approved a return to full occupancy, without social distancing, on the casino floors at all nine of the company’s Las Vegas properties.  The change comes through a Nevada Gaming Control Board waiver recognizing that Caesars Entertainment has taken measurable and material steps to vaccinate its workforce. Caesars Entertainment Team Members will still be required to wear masks at all times.  Guests will be required to wear masks unless actively smoking, eating, or drinking.  Those guests who have been fully vaccinated are welcome to remove their masks when…

To add real money casino-style games to its daily fantasy sports and free-to-play sportsbook offerings S uperDraft Inc., the daily fantasy platform partnered with Caesars Entertainment Inc., announced plans for a partnership with Game Play Network, Inc. (GPN) to add casino-style games to its existing daily fantasy sports and free-to-play sportsbook offerings. The CEO and Founder of SuperDraft Steve Wang, said: “The partnership with Game Play Network has the opportunity to materially advance SuperDraft’s online gaming vision to provide sports fans and iGaming players with engaging and easy-to-understand ways to play and win. Combining GPNs one-of-a-kind iGaming platform with our innovative…

To deploy Galaxy’s table game content via Spin’s ROC RGS platform to customers in North America S pin Games and Galaxy Gaming announced that have entered into a content licensing agreement to deploy Galaxy’s table game content via Spin’s ROC Remote Gaming Server platform. Under the terms of the agreement, Spin Games, developer, and distributor of Remote Gaming Server (RGS) technology and interactive content, will integrate Galaxy’s table game titles for “play for money” deployment in North American i-Gaming markets. Galaxy Gaming develops and distributes innovative games, bonusing systems, and technology solutions to physical and online casinos worldwide.  Kent Young,…