M acau’s gross gaming revenue fell 66% to 7.82 billion patacas (USD 979 million) in December from a year earlier, according to data from the Macau Gaming Inspection & Coordination Bureau. It marked the worst year on record for casinos in the gambling hub. The drop was roughly in line with the median analyst estimate for a 68% decline, and follows a 71% drop in November, as reported by Bloomberg. Full-year revenue fell 79% to 60.4 billion patacas. Macau is struggling to recover more than three months after China relaxed travel and visa curbs, as gamblers still find it tough…
Author: OnlineGamblingDaily
B ally’s Corporation announced on Monday that it has signed a framework agreement with real estate and private equity investor Ira Lubert to jointly design, develop, construct and manage a Category 4 licensed casino. The Pennsylvania Gaming Control Board recently awarded Lubert the right to apply for a Category 4 slot machine license for a casino to be located within a 15-mile radius of Unionville Borough, Centre County, Pennsylvania. Construction of the casino is expected to begin in the first half of 2021 and will take approximately one year to complete. Subject to receipt of all applicable regulatory approvals, it…
Under the proposal, Entain shareholders would own about 41.5% of the combined firm F ollowing Entain’s announcement that the £8.1 billion ($11.1 billion) takeover proposal made by MGM Resorts International to its joint-venture partner Entain (formerly known as GVC) “undervalues” the business, MGM issued a statement confirming the proposal and clarifying some topics. Ladbrokes owner Entain said in a statement Monday that it believed the offer, which represents a 22% premium over its closing price on December 31, “significantly undervalues” the company’s shares and its prospects. In response, MGM stated that the company is aware of the announcement made by…
I nternational Game Technology (IGT) announced on Tuesday that it had successfully completed the final stage of Nevada regulatory approval for its Resort Wallet carded cashless module, part of the IGT ADVANTAGE casino management system. With this milestone, the module is approved for deployment throughout the State, enabling customers to give their casino patrons the option of a reduced-contact, safer, and effortless cashless slot gaming experience. “Our Resort Wallet solution ensures that our customers can experience the increased liquidity, player convenience, and enhanced safety that only cashless gaming can deliver,” said Ryan Reddy, IGT Vice President, VLT, Systems and Payments…
When online gambling became widely available it was revolutionary in many ways. It was suddenly easy to place a bet on your favorite game because you didn’t have to find a land based casino. But there are a few downsides as well. Just like gambling in land based casinos, there are many mistakes that online gamblers can make. And when you make these mistakes they can cost you money. This list of 6 mistakes that online gamblers make is not a complete list of every mistake that you can make. But if you learn how to not make these 6…
The Brooklyn Nets are expected to apply for a disabled player exception for Spencer Dinwiddie who tore the ACL of his right knee on December 27, 2020. If granted, the Nets are entitled to half of Dinwiddie’s salary of $5.7M which they can use to trade for, sign or claim on waivers a player for the remainder of the 2020-21 season. However, the Nets have to clear a roster spot to add a player. According to ESPN’s Bobby Marks, the Nets’ luxury tax bill would’ve ballooned from $58.7M to $82.7M in a normal season. But because the luxury tax is…
Pick: Bills -6.5Odds: -113$100 Could Win You…$188.50 On Saturday, January 9th, the NFL Playoffs get underway with an AFC Wild Card game between the Indianapolis Colts and the Buffalo Bills. The Colts secured the 7th seed and the final Wild Card spot by defeating the Jaguars in Week 17 along with getting some help from the Bills who crushed the Miami Dolphins. The Buffalo Bills are the #2 seed in the AFC and look like the most dangerous team in the Playoffs not named the Chiefs. This is their first home Playoff game since 1996. Can the Colts pull off the upset…
The fans asked for it, and those in charge of the sport answered the call. For the time being, I’ll pretend that the outcry for a college football playoff has solved all the controversy and that everyone is simply happy to have something resembling a tournament. In reality, diehard college football plans still have their complaints. As for the majority of sports fans, who don’t have a dog in the fight, the real question is, “how do you bet these matchups?” In this article, I’ll get into the things to look for when betting on the college football playoff. Look…
We kick off the New Year with gambling news from Las Vegas, as well as California, Michigan and New York State! Also, there is a new World Series of Poker champion! Happy freaking New Year everyone! Jay Todd back after my two weeks off for the holidays. I could have used three weeks off, but whatever. Let’s get caught up with all the gambling news we’ve missed while I was away with this week’s big stories! For the 51st year in a row we have a new World Series of Poker champion! The 2020 WSOP wrapped up over the first…
Pick: Over 54.5 PointsOdds: -110$100 Could Win You…$190.91 Wild Card Weekend is shaping up to be the best NFL betting weekend of the year. We have six games in all spread between Saturday and Sunday. The first game on the Sunday schedule is a rematch of last year’s second round with the Tennessee Titans hosting the Baltimore Ravens. Just last year, Derrick Henry and the Titans stormed into Baltimore and upset the top-seeded Ravens in the Divisional Round, ousting the Super Bowl favorites before their playoff run even began. The Ravens will be out for revenge on Sunday. Baltimore was able to…
EGT Digital will benefit from access to Scopa, Knockout Football Rush, London Hunter and more S lots and table games provider Habanero announced on Tuesday a content deal with European platform provider EGT Digital. Under the agreement, Habanero’s portfolio of more than 100 games will be integrated with the highly advanced casino platform operated by Bulgarian game developer EGT Digital – and is set to go live across multiple markets. EGT Digital will benefit from access to Habanero’s stable of hits such as Italian classic, Scopa, a gamified slot that has proved a perennial favorite across the globe, as well…
I n 2019, the World Bank estimated that some 1 billion people do not have, or cannot access, an official identity document such as a passport. These people cannot prove their identity, open a bank account, start a job, or access state services. Millions more are believed to have documents that cannot be reliably authenticated, resulting in systematic exclusion from education, healthcare, politics, and society in general. There are also issues with fraud, counterfeit documents, and identity theft. Up to 33% of the population have experienced identity fraud of some kind, millions more fall victim to fraud or perpetuate it,…
A t least three new contenders said they will join the race to develop an integrated resort in Nagasaki, Japan. The three candidates are in addition to the four known contenders in the Request for Proposal (RFP) when it launches this week, according to a report by Nagasaki Shimbun: Oshidori International Holdings, Casinos Austria, Pixel Companyz in collaboration with Groupe Partouche, and a consortium comprising Get Nice Holdings and Current Corp. While the identities of the three new candidates have not been publicly revealed, two are reportedly US-based companies with the third based in Asia. All three already operate IRs,…
“I fully expect that sometime this month we’ll see a launch,” State Senator Curtis Hertel told WILX 10 but clarified he is unsure on what exact date the launch will occur. Fifteen sportsbooks have already been approved for launch so far, including Fanduel and DraftKings, which are already offering pre-registration deals for bettors who sign up before actual betting can begin, Fox News reports. “I expect every casino in Detroit and most of the tribes will have a partner and will be online,” Hertel said. “I think we’re talking about a dozen different offerings that will be available.” Mobile sports…
P ointsBet announced on Monday that its mobile app (iOS and Android) and digital sports betting product is now available from anywhere in the state of Iowa with remote registration now live as of January 1, 2021. New users can experience PointsBet while taking advantage of their $1,000 risk-free betting bundle offer – up to $500 back should you lose your first fixed odds bet, and up to $500 back should you lose your first PointsBetting wager. PointsBet will also launch select new customer promotions in the coming weeks around the Hawkeyes and star player Luka Garza. “The state of…
In case you have been off enjoying the holidays, you may not be aware that the American political news cycle is as frenzied as ever. This week promises to be full of drama, as well. On Sunday, the Washington Post published a recording of a phone call between President Donald Trump and Georgia Secretary of State Brad Raffensberger in which Trump can be heard trying to pressure Raffensberger into trying to overturn Georgia’s presidential election results. The phone call ignited yet another firestorm around the embattled president as his first and only term in office winds to a close. On…
