News
Major Money Laundering Crackdown in Singapore Tied to Online Gambling
The genesis of Singapore’s most significant money laundering investigation occurred following multiple raids on August 15, 2023, targeting individuals involved in scams and extensive online gambling operations. These raids not only disrupted well-orchestrated schemes but also led to the seizure of high-value assets including luxury cars, high-end real estate, and expensive personal items like jewelry and watches. The […]
read moreGoogle Updates Ad Policies with Germany’s GGL to Combat Illegal Gambling
In a significant regulatory update, Google has revised its “Gambling and other games” advertising policy in Germany. This amendment, orchestrated in collaboration with Germany’s Joint Gambling Authority (GGL), stipulates that only licensed organizers and intermediaries are permitted to advertise on Google Ads. The updated policy explicitly excludes comparison websites that consolidate offers from multiple gambling providers, aiming to tighten the […]
read moreWildz Hosts First Counter-Strike 2 Invitational with €25,000 Prize Pool
Wildz has announced its highly anticipated entry into the Counter-Strike 2 (CS2) esports scene with the inaugural Wildz Invitational tournament set for December 2024. In collaboration with Alliance and Challengermode, this event promises an exciting competition for European teams and boasts an impressive prize pool of €25,000. Wildz debuts Counter-Strike 2 Invitational tournament: According to European Gaming, Nathan Bonello, Esports Specialist […]
read moreGenting Singapore Breaks Ground on US$5 Billion Resorts World Sentosa Waterfront Expansion
On a landmark Friday, November 15th, the grounds of Resorts World Sentosa (RWS) became the focal point of a major advancement in Singapore’s hospitality and entertainment sector. The initiation of a SG$6.8 billion (US$5 billion) waterfront expansion was marked by a special groundbreaking ceremony. Led by notable figures including RWS CEO Tan Hee Teck and Minister of State […]
read morePhilippine Gaming Sector Sees 37.5% Growth, Led by Surge in Electronic Gaming
In the latest financial quarter, the Philippine gaming sector recorded a remarkable increase in gross gaming revenue (GGR), climbing by 37.52% to reach P94.61 billion. This surge, as reported by the Philippine Amusement and Gaming Corp. (PAGCOR), is primarily attributed to the substantial growth in the electronic gaming segment, which alone generated P35.71 billion, a stark rise from P6.32 […]
read moreAustralia’s Online Betting Firms Ramp Up Election-Related Ads
In the week leading up to the recent US election, Australia’s major online gambling operators significantly increased their advertising spending, focusing on novelty bets that captured public intrigue. Operators like TAB, Ladbrokes, Sportsbet, and Neds spent a combined total of approximately $240,000 on Facebook advertisements. These ads featured bets on various aspects of the US election, ranging from the likelihood of Donald Trump […]
read moreVenetian and Palazzo Restructure Workforce to Boost Agility Amid $1.5B Renovation
The Venetian and Palazzo resorts, prominent fixtures on the Las Vegas Strip operated by Apollo Global Management, have recently announced a significant restructuring involving the reduction of their workforce. This move is part of a broader strategy to streamline operations and enhance agility within the rapidly changing hospitality industry. Despite the vast size of their workforce, which exceeds 8,500, the […]
read moreGalaxy Entertainment Founder Dr. Lui Che Woo Passes Away, Leaving Behind a Lasting Legacy
Galaxy Entertainment Group (GEG) announced the peaceful passing of its founder and Chairman, Dr. Lui Che Woo, on November 7, 2024, at the age of 95. Dr. Lui’s death marks the end of an era for the company he began and shepherded to remarkable heights in the gaming and hospitality industries. From humble beginnings to tycoon: […]
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Game Lounge Acquires Meneer Casino Owner to Expand Dutch iGaming Reach
Game Lounge, a leading force in the iGaming affiliate industry, has announced its acquisition of Two Kings Consultants B.V., the company behind the well-known Dutch iGaming website, Meneer Casino. This strategic move signals Game Lounge’s entry into the fast-expanding Dutch iGaming market and reinforces its influence within the global affiliate landscape. The acquisition adds Meneer […]
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ComeOn Group Expands Sportsbook Offering to Ontario Market
ComeOn Group, a leading iGaming operator, has successfully expanded its presence in Ontario by adding a sportsbook component to its established online casino platform. Following the acquisition of the necessary permits, this development represents a significant step forward for the company as it aims to double its sportsbook business over the next few years. By […]
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