Cape Verde’s tourism sector is experiencing a steady recovery, resulting in an increase in revenue from the gambling tax, according to latest figures. The tax revenue, which applies to the sole casino operating in the archipelago located on Sal Island, saw a 21.6% growth until April 2023 compared to the previous year. Data compiled from the Ministry of Finance’s budget execution report reveals that the tax contributed PTE19 million ($103,026) to the state coffers during the first four months of the year. The amount is still below pre-pandemic levels. However, this increase, compared to PTE16 million ($86,782) in the first…
Author: OnlineGamblingDaily
July 4, 2023 This week we report on more costs of Las Vegas that keep going up, and the odds of winning in a Las Vegas casino that continue to drop! But there is at least one Vegas resort down on Fremont Street that’s trying to keep things affordable! Hello all you good looking players out there, and welcome to This Week in Gambling where we’re discussing the rising costs of Las Vegas and how you can avoid some of the prices that are putting a big dent in other people’s travel plans. Back in May we discussed the reasons…
July 3, 2023 We’ve got our eyes on the Big X online slot, a medium volatility game from Synot. The X marks all the spots in this fruit slot with multiplying lines, re-spins, and mystery symbols. This game has retro symbols such as fruit, bells, 7s, and diamonds. Plus, landing three mystery symbols anywhere on the reels will award a random payout! But landing a Big X symbol on the center or the middle reel is the goal. That will trigger the re-spin feature, holding the Big X symbol in place as the reels re-spin! The Big X slot machine…
Cyprus’ total gross revenue from class A (retail sportsbook) and class B (online betting) bookmakers totaled €267.6 million ($291.6 million) during the first quarter of 2023, up 21% when compared to the same period last year. According to the National Betting Authority (NBA), income from class B amounted to €190.9 million ($53.8 billion), or 71.3% of the total, while income from class A amounted to €76.7 million ($21.6 billion). Gross income from class A bookmakers rose by 15% year-over-year and 144% compared with the first quarter of 2021, whereas gross income from class B bookmakers rose by 24% year-over-year and 33%…
iGaming content provider PopOK Gaming announced its inclusion on the shortlist for the SiGMA Asia Awards 2023. The company has been nominated for the title of Slots Provider of the Year, “solidifying its position as a frontrunner in the Asian market.” PopOK stated that receiving a spot on the SiGMA Asia Awards represents “a pinnacle of recognition” in the gaming industry, honoring “the most visionary and inventive companies shaping the future of iGaming.” “PopOK Gaming is humbled and privileged to be recognized alongside exceptional competitors, underscoring our unwavering commitment to delivering unparalleled products and services to our esteemed clientele,” said the…
The Arizona Department of Gaming (ADG) has announced it will start accepting applications for up to three new event wagering licenses starting in August. The process will be open to Arizona Tribes (one license) and sports franchises (two licenses) in the state, in accordance with the relevant statutes. To ensure transparency and accessibility, the Arizona Department of Gaming will publish updated application forms and guidelines on its website on 14 July. Aspiring applicants are strongly encouraged to carefully review the provided materials to understand the application process and the necessary requirements. The department will also host an informational webinar on…
English professional football club Leeds United has announced a new partnership with Unibet, part of the Kindred Group. Under the terms of the agreement, the latest in a string of such arrangements in the Premier League, the Unibet brand will become the club’s new official training wear partner from the beginning of the 2023/24 season. As per the announcement, Unibet branding will feature on the men’s first team and women’s team training wear, along with the men’s first team coaching staff. The new 2023/24 Leeds United official training wear will be available for purchase “shortly,” although the training wear will be…
iGaming content provider Pragmatic Play has launched its new online slot, titled Hellvis Wild. The title features a Rock ‘n’ Roll lead guitarist character called Hellvis, and symbols across 5×3 reels. Hellvis thrashes his guitar to electrify the symbols in the game, which is packed with heavy metal vibes. The slot features symbols depicting guitar picks, microphones, and studded bracelets as the game’s highest-paying symbols, which must form a matching combination across the title’s 243 winning ways to award a win. Pragmatic Play further explains that players will have the opportunity to amp up these wins by two Wilds, both of…
Macau casinos’ gross gaming revenue dropped by 2.3% in June from the previous month to MOP15.207 billion ($1.88 billion), according to a report released by the Gaming Inspection and Coordination Bureau (DICJ). However, despite the monthly drop, the latest data represents a 205% increase compared to the same period last year, and the second-best month this year so far. June results contribute to an accumulated GGR of MOP80.136 billion ($9.94 billion) in the first half of this year, a figure that opens the door to a final result of GGR in 2023 that is, on average, far higher than that…
Macau’s gaming industry is expected to reach pre-Covid levels in the second quarter of 2023. According to investment bank Morgan Stanley, industry EBITDA would increase by 46% quarter-on-quarter, reaching $1.6 billion, equivalent to 70% of pre-pandemic levels. Meanwhile, free cash flow to equity is expected to approach 60% of 2019 levels. According to analysts Praveen Choudhary, Gareth Leung, and Stephen Grambling, the industry’s second-quarter EBITDA result will be driven by a 29% quarter-on-quarter increase in industry-wide mass and slot GGR to $4.79 billion, with further positive momentum tipped for the second half of the year. Morgan Stanley further noted that…
Romanian operator Win 2 has made the decision to enhance its offerings by integrating EGT Digital’s gaming content, the parties announced on Friday. EGT Digital’s Bell Link series consisting of 10 titles and the selection of 5 games featuring a Single Progressive Jackpot are now live on win2.ro. In the near future, the remaining Romania-certified slots from the Bulgarian provider will also be activated. Tsvetomira Drumeva, Head of Sales at EGT Digital, expressed her enthusiasm about the partnership, stating: “I am very happy that our games have further extended their presence and popularity in Romania thanks to our cooperation with…
Digital lottery platform Lotto.com has announced its digital scratch tickets offering, a new solution aimed to transform “how traditional physical scratch tickets are played.” The company says that the “groundbreaking and first-to-market” offering marks what it calls “a significant milestone in the industry.” As per Lotto.com, scratch tickets have traditionally been a beloved part of the lottery experience, offering an element of surprise and instant gratification. The company’s digital scratch tickets are currently available in Texas and Colorado, beginning in December 2022 and March 2023, respectively, “with plans to expand to additional states.” “This new offering allows customers to order…
Less than a month separates us from the start of the 2023 Women’s World Cup. The festivities kick off on July 20th, and the action will take place all the way through August 20th. Australia and New Zealand are the host countries for what’s bound to be the best Women’s Copa Mundial ever. As you may expect, Women’s World Cup odds are in high demand. Judging by the number of available bets on the best soccer betting sites, a lot of money will be wagered on the 2023 WWC. Be that as it may, we’re not here to discuss betting…
July 1, 2023 If you’ve been paying attention to the latest news from Sin City then you know that visiting Vegas on a budget is becoming more and more challenging. In fact, we’ve recently published several articles about the changing odds of casino games there, along with the rising costs of travel and hotel rooms along the Strip, and even the prices of taxis and ride share services are on the rise. However, in the midst of all the increases comes a ray of light in the form of Fremont Street. Downtown Las Vegas provides the classic Vegas atmosphere so…
One of the most well-known series of pokies is the Egyptian-themed Eye of Horus series. In this article, we will look at 5 of Eye of Horus’ best versions, and explain them all to you in some detail, to make the task of deciding on one of these games a little easier. With the instant popularity the original received, it is no surprise that the developers continued making variants with different bonus features, designs, and more. Eye of Horus Teleporting you to an Ancient Egyptian setting, the original version of this extravagant and decorated pokie collection is set in motion.…
The CPI-FUTE, the Parliamentary Commission that investigates cases of match-fixing in sports betting, met with government officials, including José Manssur, special advisor to the Brazilian Ministry of Finance, to discuss the regulation and taxation of sports betting. In this meeting, Manssur announced that in the next few days, the Executive Branch will send a provisional measure and a bill to Congress with the purpose of regulating the activities of foreign sports betting sites operating in the country. The bill includes the creation of a National Secretariat of Games and Lotteries, which will be in charge of regulating not only fixed…