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Inspired Entertainment Partnered with GRID to Improve eSports Products
Inspired Entertainment recently introduced its latest eSports products focused on Counter-Strike: Global Offensive. Also, it launched its Re-Play eSports feature. Additionally, Inspired Entertainment partnered with GRID to improve its eSports products. GRID is a data platform that offers data solutions for games and the eSports industry. Partners have access to various data. Also, GRID worked […]
Macau Junket Boss Gets 14-Year Jail Time for Illegal Gambling
Authorities sentenced Macau junket boss Levo Chan to 14 years in jail for illegal gambling, operating criminal syndicates, money laundering, and fraud. Also, he apologized to his former employees at Tak Chun Group. He added that the company was not a triad group. Chan headed Tak Chun, the second largest company in Macau’s junket industry. […]
Nevada Lottery Bill Picks Up Steam Despite Opposition from Casino Industry
A Nevada Lottery bill proposed the establishment of a state lottery. However, casino operators opposed the idea because it could eat into their revenue stream. In addition, lottery operators from California are afraid the new lottery would attract bettors away from them. Truckee Gaming is a licensed retailer of the California Lottery. It sells tickets […]
Arkansas Mobile Sports Betting Impacts State Tax Revenue
Arkansas mobile sports betting launched in 2022, and the state collected around $3 million in taxes from mobile sportsbooks. Operators attributed most of their success last year to sports wagering. The state’s total sports betting handle in 2022 was $186 million. However, $122 million of that amount came from mobile sportsbooks. Since the start of […]
MGA Wants Unlicensed Operators to Self-Report Activities
The Malta Gaming Authority, or MGA, wants unlicensed operators to self-report their activities. It pertains to companies that have licenses in European jurisdictions but don’t have MGA licenses. According to Regulation 22 of the Gamin Authorizations Regulations, companies that offer games from or in Malta and don’t have a license should contact the MGA. Also, […]
Endorphina Ventures into the Netherlands with Casino777
Endorphina is one of the rising online slot game developers today. It announced its new venture in the Dutch market via its deal with Casino777. Also, the latter is a local online gaming company operating in the Netherlands. The developer will offer its products in the Netherlands via the online casino site Casino777.nl. According to […]
NY Gaming Board Sets Minimum Casino Bids at $500 Million
The New York Gaming Facility Location Board has set the ante for the three NYC casino licenses at a minimum of $500 million. The NY gaming board will start the formal bidding process on January 10. It’s possible for the largest gambling companies to up the ante by pitching ideas that require significantly more funding. […]
Australia Regulator to File a Lawsuit Against Star Executives
An Australian regulator is going to sue eleven former and current Star executives. The lawsuit against Star executives will be for poorly managing the casino’s money-laundering risks. Also, it is the regulator’s first lawsuit against any casino after the release of the poor governance report in 2019. In addition, it is the first time the […]
The ESPN Sports Betting Plan is Not a Priority for the New Disney CEO
Walt Disney Co. surprised the investment and entertainment industry communities after announcing the departure of Bob Chapek as CEO. Also, Bob Iger will return to the helm of the company. However, the ESPN sports betting plan is not a priority for returning CEO. Disney said that Chapek, who succeeded Iger as CEO of the media […]
2023 Casino GGR in Macau is Estimated to Be $16 Billion
The government estimated the 2023 casino GGR in Macau to hit $126 billion. It is based on the budget proposal released last Friday. However, the government expects a fiscal deficit despite the aggregate income of MOP69.5 billion. As a result, Macau authorities set aside MOP36 billion to cover the budget deficit. According to the Office […]
