Casino
August 31, 2022
Colorado: Easing Gambling Limits Boosts Casinos’ Revenues
Gambling operators in Colorado reported strong results for the fiscal year 2021-22, judging by details released by the Colorado Department of Revenue. But according to a new report, the recent result was positively impacted by raised gambling limits for the state’s three casinos. Colorado Voters in Favor of Lifting Gambling Restrictions Back in 1990, voters […]
Casino
August 31, 2022
New Jersey Judge Throws Away Atlantic City Casinos Tax Break
On August 29, the New Jersey Superior Court Atlantic County Law Division declared that tax relief in relation to property tax for Atlantic City casinos is against the state’s constitution. Atlantic City Casinos Got a $55 Million Tax Break Thanks to the PILOT Amendment ProPublica reported that judge Michael Blee has doubled down on the […]
Casino
August 31, 2022
July Gaming Win for Operators in Nevada Hits $1.3B
Gaming operators in Nevada reported strong revenue for July, judging by details released by the gambling regulator. NGCB Unveils Financial Results for July On Tuesday, the Nevada Gaming Control Board (NGCB) released the financial results for licensed operators showing that the gaming win in July hit $1.3 billion. Although this was a strong result which […]
Casino
August 31, 2022
Endorphina Among Featured Content on Livespins
Endorphina has become the latest studio to introduce its portfolio of distinguished slot options to Livespins, a company that innovates the way streamers and audiences interact. Endorphina, which is a supplier and designer of dozens of top-tier slot games will have its games featured as part of Livespins’ streams, enabling audiences to co-bet with streamers […]
Business
August 31, 2022
Paysafe Appoints Sportradar’s Alex Gersh as CFO
Paysafe has appointed Alex Gersh as the company’s new chief financial officer with the man stepping into his new role on October 3. Gersh is a gaming and sports betting industry veteran, having worked as CFO at Sportradar, his most recent position he is now leaving for Paysafe. He has 25 years of industry-related experience […]
Industry
August 31, 2022
Macau Lifts International Travel Restrictions, Quarantine Remains
Macau finally has some good news to announce. International borders in the Special Administrative Region will be reopened starting on Thursday. This comes after almost two full years of shuttered borders which began in early 2020, blocking the outside world from accessing Macau. Macau Tries to Live with Covid-19 A total of 41 country non-residents […]
Business
August 31, 2022
Ontario Stars Strong in First iGaming Quarter, But More Expected
Ontario’s iGaming market is everything we have come to expect and perhaps something more. iGaming Ontario or iGO has posted the first quarterly results for the Canadian province, with the surveyed period covering the period between April 4, when the official launch took place, through June 30. Ontario’s Results Show Good Start of iGaming Operations […]
Business
August 31, 2022
Matt Wilson Announced as Light and Wonder Interim CEO
Since Scientific Games was rebranded to Light & Wonder, the company has been hitting the news cycle regularly, and pretty much almost all of the rounds it made were with positive headlines. It seems that the change in its top executive position is also a signal that things are running smoothly and according to plan. […]
Casino
August 31, 2022
Graton Rancheria Donate $3.5M to Construct Roseland Library
The Federated Indians of Graton Rancheria have long been supporting education with its UCLA donations, and scholarship funds and now we can add helping fund a regional library to the list of its generosity’s beneficiaries. Regional Library Project Close to Full Funding The Federated Indians of Graton Rancheria announced it’s made a $3.5 million donation […]
Industry
August 31, 2022
Huge US Sports Betting Turnover Poses Bigger Risk for Financial Crimes
The massive uptake of online gambling activities in the United States since sports betting was legalized in a number of states following a 2018 Supreme Court decision to throw away a ban on sports wagering has raised concerns that criminals may abuse the gambling sector to conduct diverse financial crimes or money laundering. The Massive […]
