Author: OnlineGamblingDaily

The latest edition of the SBC Awards North America, set to take place as part of SBC Summit North America at the New York Hilton Midtown on May 11, unveiled the line-up of shortlisted operators, affiliates, suppliers, and leaders. Among them are Sportradar and BetConstruct leading with five nominations each, followed by FanDuel, Betting Hero, LSports, OpenBet, SOFTSWISS, Spotlight Sports Group, and White Hat Gaming | White Hat Studios, each boasting four nominations.  A panel of judges will be responsible for selecting the winners from the 30 categories, and the victors will be honored with a trophy in front of over 600 industry guests celebrating their success. The celebrity host for…

March Madness in wrapping up. Baseball season is just getting started. That means tax season is here. When it comes to gambling and taxes there are some wide spread misconceptions. According to the American Gaming Association, March Madness is causing a nationwide betting frenzy, with nearly 70 million adults expected to wager up to $15.5 billion this year. However, a survey conducted found that 62% of taxpayers are uncertain about how to report money won from sports bets and gambling. According to that study, conducted by Jackson Hewitt Tax Services, 48% also falsely believe that cash winnings from sports bets…

Online gaming content provider CT Interactive announced a strategic deal with operator Winka.it., thus strengthening its presence in the Italian-regulated market and in the European region. CT Interactive has significantly boosted its Italian presence by signing a content deal with Winka. it.https://t.co/JP2tJwElLX#ctinteractive # newdeal #italy #igaming — CT Interactive (@interactive_ct) March 28, 2023 Of the latest deal, Milena Tsankarska, Head of Business Development EMEA at CT Interactive, commented: “Our most recent activity demonstrates how essential the Italian market is to our business. It’s wonderful to be collaborating with a company that is well-respected and has won the trust of the Italian…

Online gaming giant Entain announced Wednesday that its esports betting unikrn has entered a multi-year global partnership with esports entertainment company BLAST.  The partnership will see unikrn “deeply embedded into the BLAST fan experience,” with the unirkn logo and branding across BLAST’s event coverage and promotions, including fan-led activations, social giveaways, broadcast integration, and branding on the BLAST Premier tournament series and upcoming BLAST.tv Paris Major.  BLAST is an esports event operator that produces, among others, the biggest Counter-Strike tournament in the world. BLAST tournaments attract tens of thousands of fans to live events in big arenas from London to Copenhagen to Miami…

Danish software company Mindway AI has announced a new collaboration with the Hellenic Gaming Commission to enhance player protection in the Greek gambling industry. The two parties seek to elaborate on the risk assessment methodology applied to assess whether a player is about to develop problem gambling behavior.  Mindway AI, which creates tech solutions for fully automatic detection and monitoring of at-risk and problem gambling behavior, has signed a Memorandum of Cooperation with the Hellenic Gaming Commission on issues related to Responsible Gambling, the protection of players, and gambling addiction prevention. Rasmus Kjaergaard, CEO at Mindway AI, commented: “We are pleased…

The state of Nevada and growing Las Vegas gambling revenue has set another monthly record! Gaming revenue for the month of February came to $1.24 billion! This marks a significant increase from the previous year, as Sin City resorts and casinos throughout the state continue to recover from the impact of the COVID-19 pandemic. The latest figures from the state’s Gaming Control Board indicate a 6.7% rise in gaming revenue compared to the same period last year. This is particularly impressive given that February 2022 was a leap year, meaning that there was an extra day of gaming activity in…

Sports betting giant DraftKings announced Wednesday its first-ever horse racing product, DK Horse, has launched in twelve states and expects to go live in additional jurisdictions by the Kentucky Derby on Saturday, May 6.  The standalone, DK Horse-branded app allows customers to access pari-mutuel wagering on horse racing. In November 2022, DraftKings and Churchill Downs Incorporated announced a multi-year agreement pursuant to which CDI’s subsidiary TwinSpires agreed to power the deposit pari-mutuel wagering technology for DK Horse. Jason Robins, CEO and Chairman of the Board of DraftKings, said: “Together with Churchill Downs Incorporated, an industry leader with a deep-rooted history in…

The Rhode Island Senate has approved legislation from President Dominick Ruggerio that would allow sports betting on in-state collegiate teams, something that has been prohibited since the legalization of sports betting in 2018. The new bill would allow betting on collegiate teams when participating in tournaments with four or more teams. The legislation is now in the hands of the House of Representatives for consideration.  Ruggerio, who sponsored the state’s original sports betting legislation, said wagering has generated a great deal of excitement since it became law. “This legislation will enable Rhode Islanders to wager on their favorite college teams when…

Philippines gaming regulator PAGCOR is targeting industry-wide gross gaming revenues of $4.5 billion in 2023, supported by a faster-than-expected pandemic recovery following the re-opening of international borders last year.  The revised target, submitted to the Governance Commission for GOCCs as part of PAGCOR’s 2023 Performance Scorecard, comes after the Philippines-wide GGR of $3 billion in 2022 exceeded the agency’s initial estimates. The 2023 target is 33.1% higher than last year’s target and 14.2% higher than the actual 2022 revenue.  Alejandro H. Tengco, PAGCOR Chairman and CEO, commented: “Since the lockdowns were eased in the country late last year and gaming…

This week we’ve got Las Vegas casino news, as Caesars has officially welcomed the Horseshoe Las Vegas to the Strip! The transformation began several months ago, but now the Horseshoe Casino is back in Sin City! And in the name of tradition, Caesars decided to bring the World Series of Poker back home to the casino! Hello all you beautiful people out there! And thank you for watching This Week in Gambling, where the Horseshoe Las Vegas has finally, officially opened its doors… and that is this week’s big story! Yes, we already welcomed the Horseshoes return to Las Vegas…

Online gaming content provider CT Interactive announced its content is now live with Italian operator NetBet. “Over the years NetBet has become known as a platform with diverse offerings and great customer service,” the supplier described its partner. 🎯CT Interactive’s content is currently live at NetBet – an operator that has a long history in the Italian market. https://t.co/descLq3tH1#ctinteractive #iGaming #newdeal #italy — CT Interactive (@interactive_ct) March 27, 2023 Silvia Hristova, Head of RCM at CT Interactive, said: “Our company is very proud to announce that our products are live on the website of NetBet – one of the most famous…

Australian casino giant Crown Resorts revealed it has allegedly fallen victim to a data breach. The casino giant was recently contacted by a ransomware group that claims they illegally obtained a number of files.  A Crown Resorts spokesman said in a statement on Monday that the validity of the claim is being investigated as a matter of priority. Hackers claimed they had breached file transfer service GoAnywhere.  Suspicious activity at GoAnywhere was identified by US cybersecurity company Fortra nearly two months ago, and has impacted many organizations including mining giant Rio Tinto. “We can confirm no customer data has been compromised…

The American Gaming Association (AGA) has announced updates to the association’s Responsible Marketing Code for Sports Wagering – which sets the industry standard for marketing and advertising of sports wagering – including increased protections for college-aged bettors and a ban on the use of the term “risk-free” promotion. The changes were developed in collaboration with AGA members, and the association says they are the most significant to the code since its inception. They also come amid a pushback by lawmakers and regulators against some of the promotional tactics used by sports betting operators. In an increasing number of states, new…

A historic hotel with a legendary Vegas name! The WSOP at the Horseshoe begins in just over a month, and it will be played at the iconic casino which once again  stands on The Strip. Caesars Entertainment recently celebrated the name change from Bally’s Las Vegas, just in time for the upcoming 54th annual poker championship. The 2,800-room property, which was once the site of the MGM Grand Hotel, has a storied history. The Horseshoe’s renovations and new name pay homage to Binion’s Horseshoe, the downtown hotel and gambling hall where the World Series of Poker first began. The rebranding…

In the past five years, regulated gambling in Virginia has grown significantly, reaching $12.4 billion in 2022. But these figures could soon see a further boost as the state is now taking measures to regulate electronic gaming, which is expected to generate nearly $1 billion annually.  New regulations will be implemented this month for the electronic games that fraternal organizations, veterans groups, and other charitable bodies use to supplement the old bingo games that were the mainstays of their fundraising efforts. They will be followed by new rules for the in-person Texas Hold ‘Em poker tournaments that charitable groups want to…

The Australian Institute of Family Studies has revealed the extent of harm gambling is causing to the country in a new survey. The research showed most surveyed participants believed there were “too many opportunities to gamble” and shows a majority of Australians support banning gambling advertising on TV. The research found that 38% of the adult population gambled at least weekly. Three in four Australians gambled at least once during the past 12 months and, of those, almost half (46%) were classified as being at some risk of harm from wagering. The survey of 1,765 people found that when people…