News
Sports Betting License for Minnesota Tribes
Minnesota’s American Indian tribes will get exclusive sports gambling licenses, as Key Democrats announced on Tuesday. Sports betting will be allowed both at casinos that belong to tribes and on mobile devices. However, it will be prohibited at the state’s racetracks, which Republicans don’t approve of. Minnesota needs sports betting: Matt Klein, the Senate sponsor […]
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Star Entertainment Collects $545M After Record Statutory Loss; Suspends Dividends
Star Entertainment Group, one of Australia’s leading gambling and entertainment companies based in Brisbane, has publicly announced that it is collecting AUD$800 million, which is approximately 545 million US dollars, to pay back its debt and will suspend dividend payments. The debt arose as the company posted a record statutory net loss for the first […]
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Local Regulator Rejects Cordish Companies’ Live! Resorts Madrid Building Proposal Again
The Community of Madrid rejected the plans of the American casino operator Cordish Companies to construct the Live! Resorts Madrid entertainment complex in the Madrid municipality of Torres de la Alameda for the third time in seven years. Cordish Companies presented new plans to the Executive of Madrid for the €20m development in June but […]
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NBA Joins Bet Responsibly Campaign
Big News: NBA Joins American Gambling Association’s Responsible Gaming Campaign It seems to be clearer than ever that sportsbetting is going mainstream. That’s right! The Sportsbook Revolution continues! As if a Super Bowl ad featuring Rob Gronkowski weren’t enough to make this clear – although it’s funny to note that, in this case, the revolution will, […]
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Macau’s Gaming Tax Revenue Fell To $2.37 Billion In 2022
The gaming tax collected by the Macau SAR Government in 2022 fell to only 55.9% of the sum the authorities predicted would be collected, which is approximately MOP19.1 billion, aka US$2.37 billion. Macau’s lowest gaming gross revenue ever: This drop in revenue represents a 43.7% decrease from MOP$33.9 billion, which is roughly 4.20 million US […]
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Pragmatic Play Releases Familiar Yet Upgraded Wild Wild Riches Megaways™ Gaming Experience
Prominent software developer and leading iGaming content provider, Pragmatic Play, announced that it has launched Wild Wild Riches Megaways™, the latest version of the player-favorite slot game upgraded by the powerful Megaways mechanics. Upgraded mechanics: The slot has got a highly dynamic setup with as many as six reels changing the size throughout the gameplay […]
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The Game Data Platform of GRID powers BETER for new eSports Service Offerings
On Wednesday, February 15th, 2023 the gaming data and platform provider, GRID, and the betting content as well as the gaming solutions offeror, BETER, are seeking to bring the BETER e-Sports collection more official data-driven solutions. About GRID GRID provides BETER with authentic data that feeds from the GRID platform in order to control BETER’s […]
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United Workers Union Calls on NSW Government to Negotiate Acceptable Casino Duty Rates
An influential Australian trade union has signalized to the New South Wales (NSW) government that the state’s intention to significantly increase casino duty rates from 1 July 2023 will result in lost jobs in the casino industry of the province. The state announced the tax reform at the end of the last year to begin […]
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MGM Resorts Finalizes Sale of Gold Strike Tunica; Churchill Downs Incorporated Sells Arlington Heights Property To Chicago Bears
On February 15, MGM Resorts International, a leading internationally recognized hospitality and entertainment company based in Las Vegas, Nevada, reported that it has completed the sale of its subsidiary Gold Strike casino based in Tunica, Mississippi, to CNE Gaming Holdings LLC, a popular subsidiary of Cherokee Nation Businesses, for $450 million in cash. But that’s […]
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Playson Integrates With Bingoal for Extended Reach in Dutch Market
A leading cutting-edge content supplier to the iGaming industry, Playson, has entered a partnership with the prominent European online casino operator Bingoal. The deal will help the fast-growing digital game developer to extend the reach of its titles in the Dutch market, whereas the renowned operator will benefit from the increased portfolio of premium titles […]
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