Author: OnlineGamblingDaily

Australian betting and media company Picklebet announced the completion of a Series A funding round worth AUD 15 million ($9.9 Million). The round was led by Discerning Capital, an investment company specializing in online gambling, sports, media, and technology. “After a particularly strong 12 months of growth which saw NGR up 494% YoY and favorable unit economics on new customer cohorts, this investment validates our innovative in-house betting product and organic media strategy, and the value it delivers to the next generation of betting customers,” said Picklebet CEO Nick Heaney. “We look forward to utilizing the funds raised to accelerate customer acquisition…

Casino gaming provider Zitro has installed its latest innovations from the GLARE cabinet line at Casino Bilbao, following the property’s recent relocation. One of these innovations is Double Link, the newest addition to the company’s lineup of games, which Zitro says has already captivated players at the casino, operated by the Luckia group. Double Link is featured in the Illusion Glare cabinet, which has a 43-inch Ultra HD curved screen. The game includes a bonus round with features that offer players the potential for increased prizes. The introduction of Double Link and other Zitro innovations at Casino Bilbao is part of…

The countdown to the opening of the Fontainebleau and Durango casino and resort properties in Las Vegas is underway, and with just weeks left, hundreds of job vacancies remain at the establishments. Fontainebleau plans to hire 7,100 individuals, with 6,500 expected to join by the opening on December 13th. The property is already on track to meet that target, having employed approximately 5,000 as of mid-November, according to Marc Tricano, Fontainebleau’s President. “I feel very confident in our ability to recruit and retain… leading with culture and people,” Tricano told Nevada gaming regulators, underscoring the advantages of being privately owned.…

After more than 16 years of construction delays and financial challenges, Fontainebleau Resort Las Vegas is finally set for its grand opening in just a couple of weeks! We have an overview of this new, exciting resort and the amenities! Plus, Fontainebleau Vegas is not the only grand opening in Las Vegas for December, as the Durango Casino is set to become the newest Station Casino property in Sin City! Hello friends, J Todd here on the Las Vegas Strip on a very windy afternoon here in Sin City.  Behind me, that’s Fontainebleau Resort Las Vegas, and if you know…

Skilrock Technologies, a provider of lottery and gaming technology, successfully concluded its participation in the CIBELAE Congress 2023, held from November 19 to 22 at the Altis Grand Hotel in Lisbon, Portugal. The company showcased its solutions at the meeting, including the Lottery Regulatory System, Paper Lottery Solutions, Scan-N-Play, INFINITI, Scratch, and more. During the congress, Skilrock’s experts discussed customized solutions and interacted with lottery operators and delegates. According to the company, the event served as an opportunity for Skilrock to foster new collaborations and partnerships, exchange industry knowledge, and strengthen its position in the gaming market.  Sujit Lahiry Skilrock’s…

The Hard Rock Hotel & Casino Atlantic City has expanded its gaming offerings with the opening of a new high-limit slot area. This addition, which was officially inaugurated on Monday, includes 72 new machines, bringing the total to 258 high-limit slots in the entire casino, the most in Atlantic City, according to local media reports. Hard Rock officials detailed in a press release that, in addition to the slot machines, the new area also features four semi-private gaming rooms. Each of these rooms is equipped with two slot machines, LED televisions, and wireless device chargers, aiming to provide a more…

Goldman Sachs has delivered a blow to Entain, the parent company of Ladbrokes and Bwin, as it downgraded its rating from buy to sell, expressing deep-seated concerns about the trajectory of the company’s business growth, particularly within its online division. This downgrade was coupled with a reduction in Entain’s price target, plummeting from 1,450p to 820p.  The new target represented a 2.9% decrease from the closing price yesterday, November 27. Monday’s closing price of 844p was also 1.7% lower than the previous Friday’s closing at 859p. The downgrade decision is rooted in a series of challenges that Entain has grappled…

We are talking about the Hot Lucky 7’s online slot, a 5 reel, 4 row game from Betsoft! This is a classic slot game with over 1,000 paylines and medium-to-high volatility! The Wild Symbols come with multipliers attached wins up to 5 times your bet, and they can combine for even bigger wins! And be watching for the Scatter Coin Symbols, as landing 3 or more anywhere on the reels will award players with up to 20 free spins! Every day can be your lucky day in Hot Lucky 7’s! The essence of adrenaline and high hopes ring through the…

Construction began on the Fontainebleau Las Vegas way back in 2007. Honestly, I don’t even remember where I was or what I was doing back then. But regardless of how we arrived at this date, we are finally going to see the grand opening of this big, blue building on the north end of the Strip. The date has been set for the doors to open. That date is the 13th of December, which is just over two weeks away. We thought that leading up to the big day you may want to know a little bit about the Fontainebleau…

iGaming content supplier Pragmatic Play has announced a new partnership with Slovakian gaming operator Niké. This agreement will see Pragmatic Play’s slot games supplied to the brand, marking a step forward in expanding the company’s presence in the Slovak market. Under the terms of the agreement, Niké customers will gain access to a range of Pragmatic Play games, from recent titles such as Tundra’s Fortune and Cash Chips, to player favorites Sugar Rush and Gates of Olympus.  This partnership represents a new step for Pragmatic Play in its mission to expand its presence in the European market. In addition to…

PayBrokers, a Brazilian payments company in the sports betting and iGaming sector, participated in the 18th edition of the Congress of the Ibero-American Corporation of State Lotteries and Bets (Cibelae), held between November 19 and 22 in Lisbon, Portugal. Considered one of the main events in the market, the Cibelae Congress focused on responsible gaming, something that is in line with PayBrokers’ activities. The company launched the e-book ‘Complete Guide to Responsible Gaming’, signed by its legal director, Ricardo Feijó. “The gaming and betting market must go hand in hand with responsible gaming, as it is the best way to…

Entain, the parent company of renowned betting brands Coral and Ladbrokes, is set to pay penalties totaling more than $739.2 million (£585 million) following an extensive probe into alleged bribery related to a former Turkish subsidiary.  The company recently disclosed that it had reached an agreement with HM Revenue & Customs (HMRC), outlining the payment of $739.2 million in penalties and profits disgorgement. Additionally, the company committed to donating $25.27 million (£20 million) to charity and covering HMRC’s costs with an extra $12.64 million (£10 million) payment, as conveyed to shareholders. The investigation, initiated by HMRC in 2019, scrutinized activities linked…

The Ministry of Planning and Investment of Vietnam has unveiled a plan for a $2.18 billion tourist complex, including a casino, in the northern province of Quang Ninh. The report has been submitted to the Prime Minister for approval. The casino resort project, proposed by the Quang Ninh People’s Committee, would be located in the Van Don district and span 245 hectares in Van Yen village, about the size of 343 standard soccer fields. The initiative aims to establish a premium tourist destination featuring hotels and resorts. With an initial budget of $2.18 billion (VND51.55 trillion), the project is expected…

Casino gaming solutions provider CT Gaming took home the Casino Management System of the Year award at the BEGE Awards 2023 ceremony. “This recognition is a testament to the team’s innovation and hard work and underscores the commitment to excellence in the industry,” the company said.  “We are beyond thrilled to receive the award for best Casino Management System of the year for a second year in a row. It is proof of our team’s dedication to constantly improving the products and delivering optimal results,” said Biser Bozhanov, Director of Business Strategy and Sales at CT Gaming. “Such an accomplishment can…

Amidst the evolving iGaming landscape, SOFTSWISS, an international tech company, shares a comprehensive report detailing the key trends that will shape the industry in the coming year.     Players gravitate towards a deeper sense of purpose and community fostered by in-game competition, social interaction, and collaboration – an observation from a survey outlining the 2024 industry trends.  Based on both internal and external inquiries, the report covers a spectrum of existing and emerging trends. Through comprehensive descriptions and insights from SOFTSWISS experts, this free download aims to assist iGaming businesses in shaping their strategies for the next year. Outlined below…

After the approval of Bill 3.626/2023, which regulates Brazilian sports betting, by the Senate’s Economic Affairs Committee (CAE), BNLData, Yogonet’s official partner, reported on the work of Senator Angelo Coronel (PSD-BA), the bill’s rapporteur. Magnho José, editor of BNLData and president of the Brazilian Institute of Legal Gaming (IBJL), explained in his analysis the importance of the adjustments and improvements to the text made by Coronel, giving him credit for the bill’s approval. According to Magnho, the parliamentarian spoke with the president of the Chamber, Representative Arthur Lira; with the rapporteur of the bill in the Chamber, Representative Adolfo Viana…