Industry News and Headlines
Industry
August 16, 2021
Former Big Bang Member Seungri Sentenced to 3 Years in Prison
A former K-pop star was sentenced to jail by a military court in South Korea for crimes among which are included illegal gambling at foreign casinos and arranging illegal sexual services. Soliciting Sexual Services Former member of boy band Big Bang Lee Seung-hyun, known as Seungri, was sentenced to three years in jail for arranging […]
Industry
August 16, 2021
iSoftBet Continues LatAm Expansion with Universal Soft
Online games supplier and content aggregator iSoftBet is partnering with Universal Soft to expand its Latin American presence after striking a deal with Dotworkers a week ago. iSoftBet Gains Presence in Colombia, Peru, Ecuador, Chile, Panama, Brazil Gaming creation and development operator iSoftBet has teamed up with iGaming and sports betting platform provider Universal Soft to boost its presence in the Latin American region. The partnership will open iSoftBet’s doors […]
Industry
August 16, 2021
RSI Selected as CLC’s Exclusive Sports Betting Partner
Online gaming brand Rush Street Interactive (RSI) announced it was selected as the sports betting operations partner of the Connecticut Lottery Corporation (CLC) ahead of the official launch of sports wagering in the state. Exclusive Long-Term Deal The 10-year partnership agreement between the CLC and RSI will see the Chicago-based gaming brand become the lottery’s […]
Industry
August 16, 2021
Macau Records Lowest Weekly GGR Since September 2020
Macau’s casinos have recorded the lowest weekly gross gaming revenue since September 2020. Macau Casinos’ Weekly GGR Down by 37% On Monday, Sanford C. Bernstein Ltd, an investment research and institutional asset management company, reported that there was a decline in Macau casinos’ weekly gross gaming revenue (GGR). Due to the pandemic, the GGR dropped 37% week-on-week, from […]
Industry
August 16, 2021
Regulatory Hearings in Nevada Could Change Gambling Long-Term
Upcoming regulatory hearings could lead to long-term changes to Nevada’s casinos gaming scene. Regulatory Hearings Could Change Gambling in Nevada Upcoming regulatory hearings in Nevada could change the way people gamble in the state in the future. On Wednesday, the Nevada Gaming Control Board (NGCB) will discuss changing its definition of “wagering accounts,” which could lead to a […]
Industry
August 16, 2021
Maryland Delays Legal Sports Betting as Rules Yet to Be Determined
Marylanders were on the brink of being provided with legal sports betting services this year. When the debate was opened by lawmakers, they hoped that everything will be finalized by the time the NFL started in September. But, as it seems, the goal was a bit too ambitious because it’ll take a few more months […]
Industry
August 16, 2021
Rapper Jay-Z Hopes to Get In on New York’s Sports Betting Market
Jay-Z, the rapper born as Shawn Corey Carter, could be about to make history once again. In addition to being a musician and social justice pioneer, he is also an avid sports fan. Jay-Z has been linked to a number of teams over the years and once held a partial membership stake in the NBA’s […]
Industry
August 12, 2021
Entain Reveals Interim Results, Marks Strong H1 2021 Performance
Entain’s net gaming revenue in the first half of 2021 hit $2.48 billion, according to interim results released today. Despite the difficulties brought by the new gambling laws in Germany, the company enjoyed a strong first half of the year. For H1 2021, Entain’s online net gaming revenue grew 28%. Entain Unveils Interim Results for […]
Industry
August 12, 2021
Luckbox Teams Up with Bambora to Launch PaymentIQ
Luckbox, Real Luck Group’s subsidiary, has signed an agreement with payment software operator Bambora to include their PaymentIQ platform in Luckbox. PaymentIQ Expands Deposit Options for Players The award-winning betting company Luckbox has struck an agreement with payment software developer Bambora, which will see their PaymentIQ gateway added to the Luckbox platform. Luckbox is Real Luck Group’s subsidiary and offers legal, real-money betting, live streams, and statistics on all major esports […]
Industry
August 12, 2021
Twitch Bans Illegal Gambling Links and Referral Codes
Twitch bans links and referral codes by shady gambling operators on its live streaming platform. Twitch Will Prohibit All Links and Referral Codes to Gambling On Wednesday, Twitch, the most popular live streaming platform for gamers, released a Creator Update and has announced that it will prohibit all links and referral codes that link to […]