Games News

Nevada gaming win exceeds $1 billion in October, dowtown Las Vegas hits $90.5 million record_1

The Nevada Gaming Control Board reported Tuesday that the state gaming industry revenue exceeded $1 billion in October, with downtown Las Vegas hitting a $90.5 million record. The 20th consecutive month with revenue reaching these levels generated $76.5 million of gambling tax, a 6.4 percent year-on-year increase.

Nevada gaming win exceeds $1 billion in October, dowtown Las Vegas hits $90.5 million record_1

$1.3 billion in revenue in October:

In October, a total of 437 licensed casinos in Nevada achieved $1.3 billion in revenue to mark a 4.8% increase from the same period l…

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New Jersey gambling industry sees nearly 7% increase in revenues for September

The gambling industry of New Jersey is faring well this year, with monthly revenue reports showing gains. For September, providers of casino gaming, online gambling, horse racing, and sports betting, generated close to $485 million in earnings. This was an almost 7% increase from September 2021.

On a positive note, things are looking up when compared to pre-COVID-19 conditions. The nine casinos offering services in Atlantic City were able to surpass the earnings from September 2019, with almost $252 million in revenues. This was a jump of 1.3% from 2019.

A Successful September for Land-Based Casinos

New Jersey gambling industry sees nearly 7% increase in revenues for Sept… </p> <a class=READ MORE

Games News

Esports Entertainment Group announces new online ‘pay-and-play’ online casino Fiksukasino.com

Earlier this week, Esports Entertainment Group announced the upcoming launch of a brand-new online casino. The site is known as Fiksukasino.com, and it is the new brand of Lucky Dino. As a pay-and-play option, Fiksukasino will cater to players located in Finland.

Esports Entertainment Group announces new online ‘pay-and-play’ online casino Fiksukasino.com

The company has seen its Lucky Dino operations thrive in Finland and feel the new site will be just as readily accepted by players. The gaming industry in the region has grown considerably since 2020, with almost 10% growth and close t…

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Games News

Paddy Power Betfair acquires majority stake in Adjarabet_1

In a move that further diversifies its European online business, London-listed retail sports betting and gaming operator, Paddy Power Betfair PLC  (PPB:London) has acquired an initial 51% in one of the Eastern European nation of Georgia‘s leading operators, Adjarabet, for €116 million (US$132.9 million).

According to The Irish Times…

In a Friday note to Euronext Dublin, the company said it expects to purchase the remaining 49% stake in the Georgian market leader after three years via mutually agreed upon option arrangements.

Marketing exclusivity:

Licensed in the Georgian market to offer a complete suite of online gaming and betting products, including peer-to-to-peer games, poker, sports betting and c…

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Online and retail sportsbetting to go live in Kansas from next month

The governor for the American state of Kansas, Laura Kelly, has reportedly announced that sportsbetting aficionados in ‘The Sunflower State’ will be able to begin placing legal retail and online wagers from early next month.

According to a Thursday report from local television broadcaster KSHB-TV, the move from the Democratic lawmaker comes some four months after local legislators passed a measure so as to allow the state’s four commercial casinos to start hosting sportsbooks. This was purportedly followed by the Kansas Racing and Gaming Commission’s approval of new sportsbetting rules in July now set to be overseen and enforced by Kansas Lottery officials.

Concerned quartet:

The broadcaster reported that the Kansas Star Casino, Boot Hill Casin…

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Games News

IGT brings Fort Knox video slot to Portugal

Gaming machine and systems innovator International Game Technology (IGT) has reportedly announced that its Fort Knox multi-level progressive jackpot video slot has made its debut in Portugal by being unveiled at Casino Vilamoura.

Fort Knox Debut: 

IGT brings Fort Knox video slot to Portugal

According to a Thursday report from G3Newswire…

Fort Knox is housed in the New York-listed developer’s CrystalCurve cabinet, which offers a 43-inch high-definition screen alongside a ‘robust’ library of games, and has already been distributed to venues in approximately 20 other nations.

Rome-headquartered IGT re…

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Pagcor Doubled Net Income in Q1 on 50% Revenue Growth

The Philippine Amusement and Gaming Corporation, PAGCOR, the Philippine gaming regulator, reported that its net income for the first quarter of 2023 amounted to approximately PHP1.34 billion (US$24.0 million). Compared with the net income of about PHP624.7 million generated over the same period last year, the first quarter of 2023 doubled the net income levels for the state-owned corporation,  GGRAsia reports.

Continued Industry Acceleration:

The doubled net income levels on a year-on-year basis testify to the continued acceleration of the gaming industry that started in the post-pandemic period to reach around $ 1.0 billion in revenues at the end of 2022, which stood for an almost 70% revenue growth in comparison with the prior year. In fa…

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Games News

Philippines President Duterte axes all online gambling in the country, or maybe not

See update below

In a sweeping move seen as the reversal of an earlier pledge to allow online gambling operations in the Philippines, President Rodrigo Duterte has ordered the plug pulled on all online gambling in the country.

After signing the General Appropriations Act of 2017 on Thursday, December 22, Duterte announced,“I am ordering the closure of all online gaming, All of it. It has no use.”

In August he had promised to allow the businesses, which generate considerable revenues for the country with mostly Asian facing casinos, as long as all operators paid proper taxes and a trust fund was set up to provide medicine for the nation’s considerable poor population. Other conditions referred to PhilWeb’s eGame cafés that used a form o…

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ADM and its Impact on the Regulation of Online Casinos in Italy_1

The online gambling industry is gaining popularity globally: many states have already implemented appropriate legislation to regulate casinos and sportsbooks. Italy is among the countries where this entertainment is allowed, but players and operators face multiple restrictions. Appropriate regulations are required to control users and casinos, avoid fraudulent activities, and reduce gambling addiction rates. Agenzia delle dogane e dei Monopoli (ADM) is the main body controlling the gambling sector in Italy.

The Role and Responsibilities of ADM

Gambling has been widespread in Italy for centuries: even Ancient Romans played dice games. Moreover, Italy boasts the oldest land-based casino in the world – Il Ridotto in Venice has been operating since 1638. However, the industr…

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Games News

Playson Partners with Grand Casino Baden to Supply it with Premium Games Collection

One of the fastest-growing digital entertainment suppliers, Playson and Grand Casino Baden, have partnered up. Grand Casino Baden is one of the largest casino operators in Switzerland, which makes this deal even more significant than usual. 

Playson’s impressive portfolio of casino games will be included in one of the operator’s online brands, Jackpots.ch. Some of the games included are recent releases such as Lion Gems: Hold and Win, Wolf Power Megaways, and Diamond Fortunator: Hold and Win.

The oldest online casino in the country:

Grand Casino Baden offers many casino games that players love. It operates in the regulated Swiss m…

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