Author: OnlineGamblingDaily

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…

Slotsmillion Affiliates is a casino affiliate program created to promote a family of unique casinos. This affiliate program covers Slotsmillion casino and its sister site, Ladylucks casino. These two brands offer various casino games to players from all parts of the world. Their game lobby is filled with games from top software providers in the industry. To know about Slotsmillion sister site, click https://casinobonustips.com/reviews/slotsmillion/. The affiliate program is restricted from marketing to players in the United States of America and some other restricted countries. Slotmillion is regulated under the laws of Malta. Slotsmillion Commission Partners of the affiliates program earn commissions…

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,…

L ive-games provider TVBET got shortlisted for this year’s EGR B2B Awards. Moreover, the company was selected to the list of top market players in 4 categories at once; “Live casino supplier,” “Live streaming supplier,” “Lottery supplier,” and “Poker supplier.” Developers of software for games, online casinos, and bookmakers, games providers, as well as payment systems, mobile applications, and partner programs are nominated every year for the award. Companies working in the fields of IT, marketing, infrastructure, and many others are marked at EGR B2B Awards yearly. In spite of a challenging year for the industry, the company’s actions to…

F lutter Entertainment said today, May 12, that the chief executive officer of its FanDuel business, Matt King, would be leaving the company. The betting group warned his exit would delay FanDuel’s potential U.S. listing, reports Reuters. After the news, Flutter’s London-listed shares fell more than 2%. The owner of Paddy Power, Betfair, and PokerStars also said it was keeping the FanDuel floatation under review and was looking for a successor to King. King said: “With FanDuel well positioned for the next chapter of its growth and always an entrepreneur at heart, now is the time for me to take…

T he LPGA announced today a multi-year agreement with BetMGM to become an Official Betting Operator and Partner of the LPGA Tour. As part of the agreement, BetMGM will feature LPGA odds in BetMGM’s diverse betting menu, alongside the PGA Tour, the European Tour and other global leagues and sporting events. Additionally, BetMGM will have rights to use the Official Tour Partner logo in connection with the advertising and promotion of their sports betting products and services. “As a leading sports and entertainment company and already a supporter of women’s golf, BetMGM is uniquely positioned to join the LPGA family…