Author: Staff Writer

Galaxy Entertainment has dispelled rumors circulating in the Filipino media regarding the revival of its stalled Boracay Island project. The company clarified that its current priorities lie in Macau, emphasizing the ongoing development of its Galaxy Macau property. This announcement follows recent comments made by Alfredo Benitez, the founder of DigiPlus Interactive Corp (formerly Leisure and Resorts World Corp), as reported in the Philippines Business Inquirer. Benitez, who had previously been Galaxy’s local partner for a planned $500 million casino resort on Boracay Island, revealed that DigiPlus was assessing Galaxy’s willingness to recommence work on the project. The Boracay venture…

Salsa Technology has announced a significant content partnership with Games Global, a leading online gaming content provider. Games Global boasts an extensive portfolio comprising a diverse array of titles from over 30 exclusive studio partners. Their library encompasses an impressive collection of exclusive gaming content, ranging from slots and video bingo to table games and live dealer options. This strategic collaboration between Salsa Technology and Games Global is set to revolutionize the gaming experience for Salsa Gator clients. Through this partnership, players will gain effortless access to a vast selection of games, including popular releases from Games Global’s impressive roster…

The International Betting and Integrity Association (IBIA) has expressed its approval and support for Brazil’s newly approved sports betting and igaming regulations. These regulations, designed to safeguard operators, customers, and the integrity of sports from potential fraud and manipulation, include a requirement for operators to be members of an international monitoring body. The legislative journey in Brazil reached a significant milestone when the Chamber of Deputies passed laws governing sports betting and internet casinos, despite the odds of a successful vote before February appearing remote. During the penultimate parliamentary session before the winter break, the Chamber of Deputies made the…

Affilka by SOFTSWISS, an innovative affiliate marketing management solution, has reason to celebrate as the results of its recent customer satisfaction survey, conducted by the world-renowned marketing data and analytics agency Kantar in October 2023, have been unveiled. With an impressive 91% satisfaction rate, Affilka has proven its excellence in the highly competitive world of affiliate marketing management. The survey focused on critical aspects such as overall satisfaction, functional and emotional characteristics, and account manager satisfaction. When it comes to selecting an affiliate marketing management platform, the survey results revealed that Affilka’s clients highly value certain key functional characteristics. Nearly…

In October, New York implemented updated regulations for sports betting, following consultations with various licensees, including FanDuel, owned by Flutter Entertainment. One notable rule prohibits sports betting advertisements near educational institutions. However, FanDuel expressed its disagreement with this regulation. On October 18th, FanDuel formally objected to the ban on advertisements in the “area of a college or university campus,” arguing that it might encompass unaffiliated residential and commercial zones bordering such campuses. Nonetheless, the New York State Gaming Commission maintained its stance, asserting that ads near colleges and universities could be deemed “objectionable marketing efforts” and that this ban would…

In a bid to enhance transparency and precision in the calculation of penalties within the gambling sector, the UK’s Gambling Commission has initiated a 13-week consultation process. The primary focus of these consultations is to reevaluate the starting point for fines and determine whether penalties should be assessed against the gross gambling yield (GGY) during the breach. The consultations will also encompass financial key event reporting, with a specific emphasis on the growing complexity of mergers and acquisitions within the industry and the increasing globalization of gambling. Kay Roberts, the executive director of operations at the Gambling Commission, emphasized the…

In response to concerning developments within the Netherlands’ gambling industry, Mayor Franc Weerwind has taken proactive steps to address the issue before the expected evaluation of the Remote Gambling Act in 2024. Weerwind’s recent announcement outlines several measures aimed at promoting responsible gambling and player protection. One of the key provisions of these measures is the requirement for gambling providers to contact players who have set a deposit limit of €350. This communication will serve to educate players about the risks associated with high-stakes gambling, emphasizing the importance of responsible gaming practices. Additionally, Weerwind’s proposal includes displaying financial amounts in…

Lottery.com has announced its plans to accelerate strategic acquisitions with the backing of Prosperity, marking a pivotal step in expanding its international sports presence. The investment will support the growth of both Lottery.com and Sports.com brands, with funding provided by United Capital Investments Limited (UCIL) through Prosperity. Matthew McGahan, the recently appointed CEO of Lottery.com, expressed his enthusiasm for the partnership, calling Prosperity the ideal funding partner. He emphasized Prosperity’s appreciation for the value of Lottery.com and Sports.com and its commitment to providing both capital and strategic resources for their stakeholders’ benefit. McGahan highlighted Prosperity’s expertise and network in high-profile…

GiG, a prominent player in the online gaming industry, is set to acquire the KaFe Rocks affiliate group in a deal valued at €35 million. This acquisition comprises a substantial €15 million upfront cash payment. KaFe Rocks boasts a diverse portfolio of over 30 brands operating in more than 20 markets, featuring well-known names like Time2Play and USCasinos. This strategic move follows GiG’s acquisition of AskGamblers a year ago and is aimed at strengthening GiG Media’s presence in the online casino affiliation space, particularly in the lucrative North American market. As part of the acquisition, the KaFe Rocks group will…

In November, Washington DC experienced a notable decline in its Gross Gaming Revenue (GGR), which plummeted to $1.2 million, marking a substantial drop from the $1.9 million reported in September and the $2 million generated in October. This decline was rather surprising given that the total betting handle increased to $17.1 million from the $16.4 million recorded in October. Despite the increased betting activity, it was a month of triumph for bettors, as the average hold percentage stood at a mere 7.17%. Consequently, tax revenue also took a hit, plummeting to $122,801, marking its lowest point since August. Comparing year-on-year…