- US Supreme Court Denies Review of Florida Sports Betting Case, Allowing Digital Betting to Continue
- GiG to Acquire Casinomeister, Bolstering Financial Impact and Market Reach
- Genting Berhad’s Q1 Revenue Surges 27.7% to RM7.43bn, Net Profit Nearly Triples
- Ramos Blocks Cohen’s $8B Citi Field Casino Plan, Proposes Green Space Alternative
- Illinois Considers Major Tax Hike on Gaming Operators, Impacting DraftKings and Flutter Stocks
- Illinois Senate Passes Budget with Progressive Sports Betting Tax, SBA Warns of Harmful Impact
- DraftKings Completes Jackpocket Acquisition, Targets $340M Revenue Boost in US Lottery Market
- Paf Achieves Record Net Profit with 23% Increase Amid Rising Gaming Taxes and Responsible Gaming Measures
Author: Staff Writer
B2B gaming supplier Push Gaming has successfully expanded its presence across Europe with its recent entry into the Swiss market through a partnership with the renowned operator Grand Casino Luzern. This significant agreement marks Push Gaming’s first foray into the regulated Swiss jurisdiction, and it promises to bring a host of popular titles to Swiss players. Under the terms of the deal, Grand Casino Luzern’s online brand, mycasino, will enjoy an exclusive eight-week access period to Push Gaming’s impressive portfolio of games. During this time, mycasino will be the sole operator offering Push Gaming titles to Swiss players, setting the…
Videoslots, a prominent player in the Swedish online gambling industry, has received a significant vote of confidence from the Swedish Gambling Authority (SGA). The SGA has granted Videoslots a five-year license renewal, extending its operating rights until the end of 2028. This renewal represents the maximum possible extension that the SGA can bestow upon operators, underscoring the company’s strong standing in the Swedish market. Videoslots has been a fixture in the Swedish gambling landscape since the inception of the regulated market in 2019. The company has been at the forefront, spearheading the industry alongside its flagship brand and the emerging…
Fitch Ratings has released its 2024 global gaming outlook, marking the second consecutive year it has labeled the industry’s prospects as “neutral.” The report attributes this neutral stance to a slight pullback in the United States, stemming from a decrease in pent-up demand following a robust 2022. Despite this dip, the US gaming market continues to perform well overall. However, Fitch’s report, published on December 6, reveals that regional gaming is showing signs of stagnation. In contrast, Asia Pacific is thriving, thanks to improved demand as the mass market rebounds after the Covid-19 pandemic. Singapore, in particular, is exceeding expectations…
Throughout the year, Flutter has been actively supporting various charities as part of its global commitment to “Do More” for the communities it serves. This initiative, a key component of Flutter’s Positive Impact Plan, has set an ambitious goal of assisting 10 million people by 2030, focusing on three primary areas: Sport & Play, Health & Wellbeing, and Tech4Good. In 2023, Flutter’s charitable efforts have gained momentum, with several initiatives launched under its different brands, including Paddy Power, Sky Betting & Gaming (SBG), and Betfair. Just recently, Paddy Power pledged to donate up to £1.0 million to Prostate Cancer UK…
In the third quarter of 2023, SOFTSWISS, a renowned iGaming software provider, achieved a significant milestone by successfully transitioning a major operator with a player base exceeding one million to its cutting-edge platforms. This ambitious project encompassed not only migrating players to the SOFTSWISS Casino Platform but also integrating them into the SOFTSWISS Sportsbook. The transition, an intricate operation of paramount importance, was executed with remarkable finesse, concluding within a mere five hours. This achievement can be attributed to the meticulous approach employed by the SOFTSWISS team, which took into account technical, business, and user considerations. From a technical standpoint,…
Churchill Downs Incorporated (CDI) has unveiled its sixth facility in Kentucky, which has been designed with a Kentucky Derby theme and houses 500 historical racing machines (HRMs). This new CDI venue offers a unique blend of entertainment with three food and beverage amenities, ample parking space with 130 spots, and an impressive exterior 3D video board. Notably, this project has had a significant impact on the local economy. It generated around 400 construction jobs during its development phase and has now created over 150 permanent jobs at the venue. Additionally, CDI emphasized its commitment to diversity and inclusion by allocating…
DraftKings CEO Jason Robins appears unruffled by the recent launch of ESPN Bet, expressing optimism about the impact it could have on the market. ESPN Bet, a product of a $1.5 billion deal between Penn Entertainment and Disney-owned ESPN, made its debut in 17 states on November 14th. The mobile app garnered over a million downloads in its first six days, largely attributed to the Thanksgiving sports calendar. Robins, while acknowledging ESPN Bet’s record-breaking downloads, maintains DraftKings’ strong position as one of the top two operators in North America, alongside FanDuel. He stated, “It’s not the end of the world…
Joseph Maloney has been appointed as the Senior Vice President of Strategic Communications at the American Gaming Association (AGA), where he will be responsible for overseeing all communications, research, marketing, and public affairs campaigns for the organization. This new role will be effective from January 2024, marking a significant transition for Maloney from his previous position at the Commanders, where he served as the team’s Vice President of Public Affairs and Strategic Communications since December 2020. Before joining AGA, Maloney was a partner at the public affairs firm Locust Street Group. His career also includes roles as a principal at…
The Sports Wagering Regulation and Tribal Gaming Protection Act, initially tabled in October, has undergone significant amendments in California, with potential implications for the state’s sports betting landscape. If approved, this ballot initiative would modify Article IV, section 19 of the California constitution, granting exclusive rights to tribes for retail and online betting operations. The revised version of the ballot introduces several key changes. Sports wagering would be allowed from July 1, 2025, instead of the initially proposed date of September 1, 2025. Furthermore, the revenue-sharing arrangements for tribes have been substantially improved. Tribes currently receiving approximately $1.0 million annually…
Entain, a prominent gambling and entertainment company, has received final judicial approval for its historic activities in Turkey. Dame Victoria Sharp, the president of the King’s Bench Division at the Royal Courts of Justice, presided over the proceedings at the Crown Court at Southwark. This approval relates to a Deferred Prosecution Agreement (DPA) involving alleged violations under Section 7 of the Bribery Act 2010. Specifically, it pertains to Entain’s failure to implement sufficient anti-bribery procedures in its Turkish operations. The DPA, which came into effect on December 5th, marks the resolution of an investigation by His Majesty’s Revenue and Customs…