The Latest in casino
Industry
October 17, 2022
SoftSwiss Expands in LatAm with the Addition of 30 Barbara Bang Titles
SoftSwiss, a leading iGaming supplier, has established a new partnership with Barbara Bang, a provider and developer of online casino solutions. Thanks to this collaboration, SoftSwiss has been able to significantly expand its presence in the Latin American market. Barbara Bang is a fairly new developer, too, established only in 2021. Barbara Bang Becomes Latest […]
Industry
October 17, 2022
Cambodia Raids 10,000 Suspects in Illegal Gambling Locations
Cambodia has launched a wide-scale raid on thousands of suspected illegal gambling establishments, resulting in the targeting of at least 10,000 locations. Authorities have carried out the raids for over a month and they are now bringing charges against 127 of the venues, media reported. Cambodia Hits hard Against Suspected Illegal Gambling Venues The operation […]
Industry
October 15, 2022
Detroit Casinos’ Revenue Continued to Decline in September
Casino revenue in Detroit continued to decline in September, the latest monthly and quarterly report released by the Michigan Gaming Control Board (MGCB) revealed. September Slots and Table Games The three Detroit casinos registered monthly aggregate revenue of $103.4 million in September. The monthly result was 2.6% lower than the $106.14 million the casinos generated […]
Industry
October 15, 2022
Merkur Slots Opened New £200K Entertainment Center in the UK
Merkur Slots, the land-based casino division of Merkur Group, announced it has opened an adult gaming venue in Spalding this week as part of the group’s nationwide £10 million ($11.3 million) investment plan. Low-Stake Gaming, High-Level Entertainment The new gaming hall opened its doors In Spalding town center after a £200,000 ($226,000) renovation of the […]
Business
October 14, 2022
Playstudios Agrees to Acquire Brainium for $70M
The leading developer of free-to-play mobile and social games, Playstudios, announced a new acquisition Thursday. Playstudios Expands Portfolio, Acquires Brainium The company unveiled it acquired the leading mobile game developer, Brainium. The cost of the new deal has a price tag of $70 million. With that in mind, the amount is contingent on different performance targets for Brainium […]
Industry
October 14, 2022
Macau Casinos Debt Rises to $24B Due to Q32022 Losses
The casino industry in Macau has suffered for a long time from China’s restrictive zero-COVID policy and it shows vividly in the financial results reported for the third quarter of 2022. Macau Casino Industry Debt May Rise to $24 Billion on the Back of Losses in Q32022 According to the results reported by the casino […]
Business
October 14, 2022
Acroud AB Acquired 60% of Affiliation and Media Company
Acroud AB, a global provider of Software as a Service (SaaS) solutions to the affiliation industry, announced the acquisition of a 60% share in an Affiliation and Media Company for a total consideration of £5.1 million ($5.8 million). Expanding into Sports Betting The acquisition comprises affiliation assets and online gaming technology and is expected to […]
Business
October 13, 2022
NagaCorp to Likely Face Financial Trouble, Moody’s Predicts
Moody Corporation’s bond credit rating business, Moody’s Investor Service, is concerned about the future of NagaCorp amid China’s war on junkets. The Hong Kong-listed Cambodian operator has been struggling to recover from the pandemic and now faces significant refinancing risks. Moody Is Concerned about NagaCorp Moody’s concerns became evident when the rating company downgraded NagaCorp’s […]
Casino
October 13, 2022
Armed Men Attack Casino Life in Mexico City and Steal $90K
A daring casino robbery took place at Casino Life in Mexico City earlier this week, a new report reveals. Assailants Robbed Casino Life in Mexico City The assault on the gambling venue happened in the early hours of October 12, 2022. According to Mexico Detail Zero, armed assailants entered the venue when it was about […]
Casino
October 13, 2022
KSA: Two Gambling Operators Discontinue Offering
Kansspelautoriteit (KSA), the Dutch gambling watchdog, revealed Thursday that two operators discontinued their offering for customers in the Netherlands. Illegal Gambling Operators Discontinue Operations, Says KSA The gambling regulator said that both LCS Limited and MKC Limited stopped offering their services to Dutch customers. Labeling them as illegal gambling providers, the KSA reminded that the […]