Author: OnlineGamblingDaily

The state of Arkansas set new sports gaming records during January. The state’s Department of Finance and Administration revealed an all-time high sports betting total handle of $33 million, a 6.6% increase over December’s numbers, which were the previous record. Meanwhile, mobile-only sports betting handle was up 3.9% from $25 million in December to $26.1 million in January, also setting a new record for the state. Overall wagers placed since sports betting launched in Arkansas in January 2022 are up 292%.  A spokesperson for BetArkansas stated that the launch of mobile sports betting has supported the “astronomical” rise in wagering handle. “As…

The Nevada Gaming Commission unanimously approved on Thursday a gaming license for London-based Entain, MGM Resorts International’s 50-50 partner in its BetMGM sports wagering brand.  The licensing included suitability and key employee licensure of several executives, including Entain CEO Jette Nygaard-Andersen, who appeared before commissioners and will become a member of BetMGM’s board, according to Las Vegas Review-Journal. Commissioners questioned executives about being fined $20.4 million in August by the UKGC for social responsibility and anti-money laundering failures. However, the measures carried out by the company to correct its compliance procedures satisfied the commissioners.  Entain was once an acquisition target of…

After the first major global industry encounter of the year took place earlier this month, February 7-9 at ExCel London, gaming technology and services provider BetConstruct has now shared an assessment of its participation at ICE London 2023. Showcasing its latest innovations and achievements, the company presented one of the largest stands at the event. Moreover, within the raffle organized by BetConstruct along with ftNFT, visitors enjoyed the special experience and seized the opportunity to win from the prize pool of 20.000 FTN. During the expo, the brand showcased its range of solutions under the concept of Resonance, “infused with…

Sports betting services provider Kambi Group has shared its financial report for the fourth quarter of 2022. Revenue in the three-month period amounted to €57.8 million ($60.9 million), up 66% from Q4 2021, including a €12.6 million termination fee from PENN Entertainment. The company has also shared its results for the full year of 2022, with revenue for the twelve-month period amounting to €166 million ($175 million), slightly above the €162 million posted in 2021. Operating profit (EBIT) for the fourth quarter of 2022 was €18.7 million ($19.7 million), up 164% from €7.1 million the previous year, at a margin…

At a Board of Trustees meeting on Tuesday, the Village of Garden City voted to formally oppose the development of a casino at the Nassau County Hub in Long Island, New York, which had been proposed by gaming and hospitality giant Las Vegas Sands. As the village has no say in what happens at the Hub, the unanimous vote to oppose the plan is largely symbolic. Community members hope their stance against the project sends a strong message to developers and officials that they don’t want a casino in their neighborhood. Pearl Jacobs, of the Nostrand Gardens Civic Association, said…

 February 24, 2023 What’s it been? Like, a couple of weeks? And right out of the game, we’ve got violations of Massachusetts sports betting regulations from several casinos! Well, it’s nice to see things off and running so quickly. The Massachusetts Gaming Commission says that since regulated wagers went live on January 31st, there have been three casinos within the state which have run afoul of the state ban for betting on in-state college games. First, Encore Boston Harbor was found to be accepting wagers on Boston College women’s basketball games. The, Plainridge Park casino was found to have taken…

Major earthquakes that hit Turkey and Syria on February 6 have left nothing but destruction to thousands of communities throughout the countries. Now, in response to the catastrophe, the FBM Foundation is helping the Syrian-Turkish earthquake victims with donations to UNICEF and AKUT.Last week, the charity arm of FBM Gaming donated $16,000 to UNICEF and AKUT, charity organizations specialized in humanitarian relief operations, to help those in need.In the early hours of February 6th,  the countries suffered the impact of a 7.8 magnitude earthquake, followed by another nearly as damaging. While tens of thousands of people lost their lives, many others…

Gibraltar’s Chief Justice has issued a GBP 5 million worldwide freezing order for the assets of former Mansion CEO Karel Christian Mañasco. The mechanism, described as a court’s “nuclear bomb”, follows claims for damages by the company to the tune of more than GBP 2.3 million. Mansion said its former topman dishonestly obtained luxury cars, high-value watches, bonuses and allowances using company money, reports GBC News. Mañasco denies the gaming firm’s claims.   He was the CEO and de facto CFO of Gibraltar-based Mansion. In September 2021, he was suspended by the company and a disciplinary investigation began. A year later,…

Proponents believe this could be the year Kentucky finally legalizes sports betting, as Republican Rep. Michael Meredith has recently filed new legislation, HB 551, to that end. The bill would permit betting on live professional and amateur sporting events, giving Kentuckians access to similar online betting accounts for people in Indiana and Ohio.  “Statistics show that more than half of our state’s population supports legalizing sports wagering. The time has come to ask ourselves if it truly is in the best interest of the people of Kentucky to prevent adults from legally placing a bet,” Meredith said in a news…

Sports betting has only been up and running in the state since January 1st, but already we’ve seen huge fines for DraftKings and Barstool Sports in Ohio. All together, the Ohio Casino Control Commission has collected $900,000 in fines just this year for a variety of violations. First, the fines for DraftKings stem from a direct mail campaign in the state which ended up being sent to some young adults under the legal gambling age. It seems that some of those on the list were not yet 21 years old. There were also violations for not including a problem gambling…

Electronic Table Gaming (ETG) business Interblock announced it has set new integrity standards, in line with its dedication to the development of security advancements and prevention of collusion. The company’s ETGs are programmed to reduce the opportunity for betting fraud.  Interblock said it is showing its commitment to security through its latest software upgrade, “packed with advanced technology and mechanical improvements designed to combat any form of unfair play.” Interblock’s Automated Roulette software now algorithmically detects physical anomalies in the movement of the ball. If the slightest abnormality is identified, the game automatically halts and immediately notifies the staff, says…

Novomatic, which attended the latest edition of ICE London, taking place earlier this month at ExCel London, has now given an after-show balance of its showcase. The gaming group called the summit “three days of hustling and bustling business,” and described it as “the biggest ICE ever in every aspect.” The event had 51,466 square meters of floor space, and its visitor count exceeded 40,000. For Novomatic in particular, it was “the most successful gaming show ever.” Alongside the success on the show floor, the company was also delighted to win two first places in key categories at the prestigious European…

Missouri senators heard testimony Wednesday on the legalization of sports betting for the first time this session. Those supporting the plan included representatives of all six of Missouri’s professional sports teams, among them Bill DeWitt III, president of the St. Louis Cardinals, who reassured the team is in favor of the bill’s passing.  “One of the downsides of the delay of several years here is that fans haven’t been able to do it. However, one of the good sides is that we’ve learned from other states. We’ve learned how to tweak this to make it more reflective of the market…

Originally pioneered by the Australian provider Big Time Gaming, the Megaways feature is an upgrade of the traditional reel format that makes it so the game can hold many more paylines (over 100,000 in some cases!). Also, in addition to featuring 6 reels instead of the standard 5, Megaways games also often use a unique type of random reel multiplier that keeps changing the number of symbols on each reel with every spin. This translates into many more wins that you could land compared to traditional slots, which gives these games an action-packed feel that fans of them can’t get…

Last year, commercial US gambling was able to top $60 billion for the rift time ever. That shatters the previous figure of $53 billion set just a year earlier. The information was accumulated and reported by the Commercial Gaming Revenue Tracking at the American Gaming Association. The actual total for 2023 was $60.4 billion, which came largely from sports betting and online gambling. Both sectors reported single-quarter highs, However, land based gambling at casinos, poker rooms, and sports books still accounted for over 80% of the total revenue. While it’s encouraging to see online games continue to grow as a…

Merkur Gaming released a balance of its experience at 2023’s edition of ICE London, which took place earlier this month.  “Many Happy Returns,” the company said. “Traditionally used as part of a birthday celebration those three simple words aptly summed up the overwhelming opinions of all those, exhibitors, guests and visitors, attending the 2023 ‘comeback’ edition of ICE in London.” After a hybrid, almost totally dominated by iGaming and Sports Betting exhibit in 2022, the show’s 2023 event concluded an almost three years hiatus and its return was a hugely significant highlight of the post-Covid gaming landscape. “Merkur regards ICE…