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…
Author: OnlineGamblingDaily
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…
Encore Boston Harbor casino workers have reached a tentative agreement on a new union contract with employer Wynn Resorts, effectively suspending the strike deadline that was set for midnight Friday. The agreement comes after the employees, including roles such as room attendants, cocktail servers, cooks, and cleaners, expressed their concerns and demands for better pay and benefits. UNITE HERE Local 26 President Carlos Aramayo expressed satisfaction with the outcome, stating: “We congratulate Encore Boston Harbor for showing leadership in the hospitality industry and bargaining a contract that guarantees workers at the resort will have excellent wages and benefits.” Aramayo added…
MGM Resorts International has donated $25,000 to support LGBTQ+ entrepreneurship, the gaming and hospitality operator announced on Thursday. The company’s donation to the Nevada Gay and Lesbian Chamber of Commerce (GLCCNV) was presented in a special ceremony during a Pride Month event held at MGM Grand’s Level Up. Through this donation, MGM said it is once again reaffirming its commitment to supporting LGBTQ+ businesses. “MGM Resorts is a pioneering supporter of the LGBTQ+ community, dating back to the company’s leadership as one of the first organizations in the gaming and hospitality industry to offer same-sex health benefits to employees in…
Blackjack is one of the most common gambling games out there. You can find some form of blackjack to play at any land-based or online casino. As a very popular game, there are many different ways to play it. Here, we will break down what betting behind is and how to use it when playing blackjack. While a bet behind in blackjack is not as common, it is something you can find in some places. Here we will explain what it is and some strategies behind it. Usually, you will find a bet behind in blackjack at online casinos. There…
The latest Elon Musk vs. Mark Zuckerberg odds have the Twitter CEO listed as a slight favorite. After years of a contentious back-and-forth online, the two tech billionaires have publicly agreed to settle their differences in a cage match. Many of the details of the fight still need to be ironed out. But the best entertainment betting sites already have odds available for Musk vs. Zuckerberg. Keep reading to see a full breakdown of the latest betting odds for this battle of the billionaires. I will give you a brief history of the events that have led up to this…
By Shaun Stack in Slots on June 22, 2023 7 Minute Read Last Updated: June 22, 2023 Progressive jackpot games have grown in popularity over the years. Winning these prizes can be easier said than done, though. Most of these jackpots are random, so there is no telling when they will be won. You can find progressive prizes in a variety of games, including table games and poker. But by far the most popular way to compete for these prize pools is in online slots. Keep reading to see five ways you can improve your chances of winning a jackpot…
The San Manuel Entertainment Authority has appointed Kenji Hall as the new General Manager at Yaamava’ Resort & Casino at San Manuel, California. He will be succeeding Peter Arceo, who was selected as Chief Gaming Officer for the San Manuel Band of Mission Indians in May. In his new role, Hall will lead the strategic execution and performance of daily gaming and hospitality operations. Peter Arceo, Chief Gaming Officer for the Tribe, said: “Kenji’s expertise in hotel, food and beverage, marketing, and gaming operations make him ideally qualified for leading the next generation of service excellence at Yaamava’. He and…
According to the latest report released by the Arizona Department of Gaming (ADG), bettors in Arizona placed over $535 million in sports wagers in April 2023, marking a 4.5% increase compared to the same period in 2022. With this new report, the Grand Canyon State becomes one of 10 in the US to reach $10 billion in all-time handle. Online wagering remains the preferred method among Arizonans, with mobile operators accounting for over 99% of the total wagers placed during the month. Retail locations accepted the remaining approximate $4.6 million in bets. The report also revealed that the state collected privilege…
World Pool, the globally commingled horse racing pools created and powered by the Hong Kong Jockey Club (HKJC), will be in operation at both the Irish and German Derbies for the first time on July 2nd. The Deutsches Derby marks the first time World Pool has operated in Germany. The launch will see what the club calls the country’s richest race offered to bettors in 28 countries two hours before World Pool also makes its Irish Derby debut at the Curragh on the same day. The Irish Derby Day card will be World Pool’s first meeting at the Curragh and the third-ever…