E volution Gaming released Friday its Interim Report for January-June 2020. Revenues for the second quarter amounted to EUR 128.3 million, an increase of 50% compared to the corresponding period last year. EBITDA increased by 90% to EUR 81,1 million, with a margin of 63 percent. As for the first half of 2020, operating revenues increased by 48% to EUR 243,5 million. EBITDA was up by 85% to EUR 145,3 million, corresponding to a margin of 59.7%. Evolution Gaming CEO Martin Carlesund said the second quarter has been “eventful with several product launches and a very high demand, partly due…
Author: OnlineGamblingDaily
U K casinos will be allowed to reopen in August. UK Prime Minister Boris Johnson made the announcement Friday morning as he updated plans for the next stage in the UK Government’s coronavirus recovery strategy. “From August 1 we will reopen most remaining leisure settings, namely bowling, ice-skating rinks, casinos and we will enable close contact services at beauticians to resume,” he said, as reported by The Sun. Casinos were forced to close on March 23 due to the pandemic. Johnson announced on July 4 that a number of leisure and hospitality businesses were allowed to reopen their doors, but…
A s the Official Wagering Partner of MLB in Latin America, Betcris receives access to Official MLB Data, league marks, and logos for its website and other wagering platforms, including a free-to-play mobile app that is currently under development by Betcris. Additionally, international broadcasts of MLB Jewel Events and Postseason match-ups will feature marketing and advertising of Betcris in Latin American countries and territories where the company is licensed and regulated. Betcris and MLB will also collaborate on best-in-class practices to protect the integrity of MLB games. “Partnering with MLB gives us a great competitive edge and reflects the dedicated…
The firm intends to cut costs by shutting down services, including poker games and hospitality G enting, one of the largest gaming companies in the UK, plans to cut 1,642 jobs at clubs and hotels across the country due to the Covid-19 pandemic effects. While pubs, restaurants, shops and even bookmakers in England have been allowed to open as coronavirus lockdown restrictions eased, casinos remain among the businesses not permitted to do so. Genting told staff at 27 of its venues that it intended to cut costs by shutting down services, including poker games and hospitality, as reported by The…
100 projects will be handpicked and offered a free stand to showcase their products and initiatives S iGMA announced it is now accepting applications from iGaming and emerging tech startups that are looking for the best way to kick off proceedings via the SiGMA Pitch competition. With over 10,000 expected to the 7th edition of SiGMA Malta 2020, the “World’s iGaming Festival,” startups will get brand exposure and access to investors and mentors eager to meet interesting projects. SiGMA Pitch allows startups and business to put their presentation skills to the test. Over the years many have taken up the…
U krainian gambling legislation passed the second reading at Verkhovna Rada on Tuesday, and it is expected to come into force within the very near future. Eventus International is hosting a webinar to offer expert insights into these new developments. “Ukraine Gambling Law – What You Need To Know” is taking place on July 29 at 12:00 BST. A panel of experts will discuss the way forward after these advances in both land-based and online gambling regulation in Ukraine. Confirmed panel members to date include Ilya Machavariani, Associate, Head of Russian and CIS Gambling practice, Dentons; as well as Robert…
U kraine’s parliament passed a bill on Tuesday ending a decade-long ban on gambling in a move aimed at boosting budget revenues. The government expects casinos, bookmakers and slot machine operators to contribute at least four billion hryvnias (about $148 million) to the state budget annually through taxes and licence fees. Bill No.2285 was supported by 248 MPs. Lawmaker Oleh Marusyak, a member of the president’s Servant of the People party and author of the bill, said the legislation would help Ukraine supplement state revenues after a decade of the industry operating underground, Reuters reports. The government said the money…
O perators of card rooms across California have called on Gov. Gavin Newsom to order the closure of tribal casinos amid the surge in coronavirus cases. The California Gaming Association, whose members include the Seven Mile Casino in Chula Vista and Oceans Eleven Casino in Oceanside, wrote to the governor last week saying they believe Newsom has both the authority and duty to close tribal casinos to protect public health. “In response to your July 1 order, all cardrooms in the targeted counties are now closed. In contrast, all tribal casinos in the targeted counties remain open. This is inconsistent…
The 2020 Haskell Invitational stakes stands as one of the most important thoroughbred races in the season for American three-year-olds. Learn about the field in this 2020 Haskell Invitational betting preview. The 2020 Haskell Invitational will draw the eyes of all horse racing fans to Monmouth Park in New Jersey this weekend. On Saturday, seven of the best three-year-old horses in the nation will be looking to snag the winner’s share of the $1 million purse. This year’s winner will be able to set its sights on the Kentucky Derby later this year. In most years, the horse racing schedule…
When you’re gambling at the table games at a casino and want to get comps, you still present your players club card. But the casinos can’t track your action electronically to determine how much money you’ve put into action. They instead use an estimate that’s based (in part) on your rating by the pit boss. That’s the person in charge of the dealers in that area of the casino. He decides what your average bet has been – that’s your rating. If you’re betting $5 per hand on blackjack, the casino multiplies that by how many hands per hour you’re…
Many gamblers love playing blackjack due to its low house and in-depth strategy. They can improve their knowledge by mastering basic strategy. Blackjack is also great for aspiring professional gamblers. Card counting and hole carding both offer legitimate ways to beat the game. One thing that blackjack isn’t as well known for, though, is jackpots. Those seeking huge prizes often opt for slots, Caribbean stud, or Let It Ride. However, you can commonly find progressive jackpots through online blackjack. I’ll discuss more on the online version’s basics and if you can win big blackjack jackpots at gaming sites. Basics of…
Most gambling destinations throughout the world charge resort fees. The latter refers to extra charges that casino and hotels add to a bill for your stay. Las Vegas is notorious for charging large resort fees. Atlantic City, Reno, Tunica, and other notable casino destinations have followed suit. Those who visit most gambling hotspots are used to covering these extra charges. But what about the Chinese casino haven Macau? I’m going to discuss more on resort fees in general along with if Macau also levels these charges at customers. How Do Resort Fees Work? The price that you book a casino…
July 16, 2020 While many casinos on The Strip are welcoming guests back, the Tropicana Las Vegas will not open it’s doors until late summer. Parent company Penn National Gaming announced that the casino is officially set to reopen September 1st at 10am. Like with other Nevada casinos, the crowd on the gaming floor will be restricted to 50 percent of the capacity, as determined by building and fire officials. Visitors will see other health and safety precautions in place, too. Among these are the required wearing of face masks, except when eating meals or consuming beverages. Social distancing will…
Nurturing the entrepreneur has always been an integral part of SiGMA’s events, particularly now that we will be integrating both iGaming and Tech into one show . The SiGMA Pitch competition allows startups and business to put their presentation skills to the test. Over the years many have taken up the challenge, be it in the realm of emerging tech and AI, or in the iGaming industry. As part of SiGMA startup village initiative, 100 startups will be handpicked and offered a FREE stand to showcase their products and initiatives throughout the event and only be separated depending on whether they fall…
Today’s racing tips stop off in Sandown, with an eight-race card to look forward throughout the late afternoon and evening at the Surrey racecourse. Elsewhere in the UK, meetings also take place at Hamilton and Uttoxeter, while Leopardstown leads the way in Ireland… SANDOWN RACING TIPS 17:25 – Ubettabelieveit – 8/5 Demolished the field in a 3 1/2 length win at Doncaster just over a fortnight ago; could have enough in the tank to edge out the fancied Eye of Heaven here. 19:00 – One Step Beyond – 7/1 EW It would be madness to dismiss this three year old’s…
B uzz Bingo announced the permanent closure of 26 halls in the UK with the potential loss of 573 jobs after its business was hit by the COVID-19 pandemic. The plans involve the closure of sites in Bournemouth, Carlisle, Milton Keynes and Wolverhampton on August 3. Buzz said it planned to reopen the remaining 91 of its 117 bingo halls from August 6. The Nottingham-based bingo chain, which formerly traded as Gala Bingo, said it had taken the decision due to an “unsustainable operating environment for the foreseeable future”. The firm will launch a rescue restructure via an insolvency procedure…