News
Fortunepanda’s Versus Odds Banned by Swedish Regulator for Illegal Gambling
Sweden’s gambling authority, Spelinspektionen, has taken decisive action against Versus Odds B.V., the operator of Fortunepanda.com, for violating Swedish gambling regulations. This immediate ban, announced (pdf) on January 2, 2025, underscores the regulator’s commitment to protecting Swedish consumers and maintaining gaming safety. The investigation into Versus Odds B.V. was triggered by suspicions of unlicensed gambling […]
read moreParadise Co Reports KRW818.8B Revenue in 2024, Signaling Strong Growth
South Korea’s Paradise Co, a leader in the foreigner-only casino market, closed 2024 with an impressive 10.2% growth in casino revenue, reaching KRW818.8 billion (US$556 million). This marks a significant improvement over the KRW742.9 billion (US$507 million) recorded in 2023, reaffirming its stronghold in the gaming industry. Annual performance highlights: The year’s growth was primarily fueled by table games, […]
read moreMacau’s 2024 Gaming Revenue Rebounds, Exceeding Government Projections
Macau’s casino industry demonstrated significant recovery in 2024, with gross gaming revenue (GGR) reaching MOP226.78 billion (US$28.34 billion), a 23.9% increase from the previous year. This growth reflects the city’s ongoing rebound from the COVID-19 pandemic, aided by the reopening of international borders in early 2023. Despite a strong year overall, December posted a 2% […]
read moreTom Horn Gaming Launches Pantera Rica, a Thrilling Jungle Adventure
Tom Horn Gaming, a renowned iGaming software provider, has introduced its latest creation, Pantera Rica. This visually stunning video slot takes players deep into the lush tropical rainforest, offering an immersive gaming experience filled with vibrant visuals, engaging features, and exciting opportunities to win. The game will be available across Tom Horn Gaming’s network of operators starting […]
read moreLas Vegas Sphere Welcomes 2025 with Fireworks, Music, and Hourly Global Countdown
The upcoming New Year’s Eve celebration in Las Vegas promises to be a spectacle like no other as the city prepares to host “America’s Party 2025.” Featuring a dynamic mix of fireworks, music, and hourly global countdowns, the event is set to attract over 340,000 visitors. This year, the Sphere has joined the festivities as an official countdown […]
read moreNew Hampshire Weighs Limits on Casino Charity Donations
Lawmakers in New Hampshire are exploring ways to restructure charitable gaming, including placing limits on the annual revenue that a single nonprofit can receive from casino donations. This potential cap is part of a bill introduced by State Representative Dick Ames, D-Jaffrey, who aims to create a more equitable system for distributing funds among charities. […]
read moreLas Vegas Sands and Sands China Achieve Recognition on Sustainability Indices
Las Vegas Sands Corp. and its subsidiary, Sands China, have once again been recognized on the prestigious Dow Jones Sustainability Indices (DJSI), marking a significant achievement in their ongoing commitment to environmental, social, and governance (ESG) excellence. For the fifth consecutive year, Las Vegas Sands has earned placements on both the DJSI World and DJSI North America, while Sands […]
read moreClosure Looms for Greek Casinos Following Asset Seizure
The potential closure of casinos in Corfu and Alexandroupoli appears imminent after Greek authorities seized the assets of their owner, Konstantinos Piladakis. The Anti-Money Laundering Authority issued the order, alleging that Piladakis concealed the beneficial ownership of entities Invictus and Glafka Capital, according to eKathimerini.com. This alleged misrepresentation reportedly misled credit institutions and nonperforming loan […]
read moreIrish Gambling Regulator Advocates Bank Gambling Block Measures
Ireland’s Gambling Regulatory Authority (GRAI) is working closely with major banks to implement voluntary blocks on gambling-related transactions made with credit and debit cards. This initiative is part of a broader effort to strengthen consumer protections as the country moves toward establishing a fully regulated gambling market. Collaboration with banks to enhance gambling safeguards: According to Irish Examiner, […]
read moreBetfred Faces Challenges as It Scales Back U.S. Operations, Exiting Multiple States
Betfred, a leading British sportsbook, is scaling back its operations in the United States, further reducing its footprint as the challenges for smaller betting operators intensify. Recent closures include the termination of its land-based sportsbook at Silver Reef Casino Resort in Washington. The operation ceased on December 16, with the final bets placed the day before, according […]
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