Legal
April 8, 2022
US Prosecutor Calls for Former Goldman Sachs Banker’s Conviction on ML Charges
On Monday, April 4, Assistant United States attorney Alixandra Smith from Brooklyn federal court started her closing arguments in the almost two-month trial of the ex-Goldman Sachs top investment banker from Malaysia, Roger Ng, who is charged with money laundering conspiracy, embezzlement, and bribery. Ng Faces Justice in Brooklyn Federal Court Per the court records, […]
Legal
April 8, 2022
Singapore Man Tries to Illegally Pay a Gambling Debt, Gets Caught by Police
Many gambling proponents, both individuals, and companies consider gambling to be a fun activity if done responsibly, but that wasn’t the case for the 20-year-old Terry Tong Hong Zhi from Singapore, who lost S$40,000 ($30,000) worth of loans while gambling online and was caught by the police while trying to obtain the money back in […]
Industry
April 8, 2022
Casinos and Racinos in Ohio Rake up $216M, Set New Record
March was a successful month for casinos and racinos in Ohio, judging by data released Thursday. Ohio’s Gambling Businesses Set New Record in March The casinos and racinos in Ohio set a new record last month. Data released by the Ohio Casino Control Commission and the Ohio Lottery, reveals that the gaming revenue for casinos […]
Industry
April 7, 2022
Judge Hearing on Atlantic City PILOT Dispute Postponed to April 24
As announced at the beginning of February, a ruling over the payments-in-lieu-of-taxes (PILOT) bill for Atlantic City was expected to pop up in the upcoming weeks. After New Jersey declined to be a part of a mediation that could have resolved the dispute with Atlantic County, the heated topic was expected to come to an […]
Industry
April 7, 2022
Entain’s Q1 2022 Trading Update Revealed Recovery of Retail
Global sports betting, gaming and interactive entertainment group Entain released today a trading update for the first quarter of 2022, reporting strong revenue growth. Retail Nearly Back to Pre-Pandemic Levels For the three months from January 1 till March 31, Entain registered 31% growth in net gaming revenue driven mainly by the return of Retail […]
Business
April 7, 2022
Sale of William Hill’s Non-US Assets Revised Down By £250m
US casino giant Caesars Entertainment announced today a revision on the price consideration of the sale of William Hill’s non-US assets to 888 Holdings. Downward Revision of Price Consideration According to the announcement today, Caesars is selling the non-US assets of William Hill to 888 Holdings for a revised enterprise value of between £1.95 billion […]
Industry
April 7, 2022
Michigan Greenlit for Multi-State Internet Gaming Agreement Entry
Michigan has received the green light for joining the Multi-State Internet Gaming Agreement. Thanks to this, Michigan’s poker players who use one of the regulated operators will be allowed to play against competitors from other states that are part of the agreement. Michigan Shares Liquidity with Three Other States The Multi-State Internet Gaming Agreement currently […]
Insider
April 7, 2022
Routy founder Haim Bell: “Performance Marketers Should Make Decisions Based on Data, Not Guesswork”
The affiliate industry is a crucial part of gambling and just like traditional gambling verticals, it has gone through transformative changes. Then, more so than ever before, affiliates are subject to the same regulatory scrutiny as the brands they represent. Because of this monetization needs to be predicated on practices that favor the consumer and […]
Industry
April 7, 2022
Maryland: Gaming Revenues for Casinos Hit $170.6M in March
New data released by the gaming regulator in Maryland reveals that March was a successful month for casinos in the state. March Was the Fourth-Best Single Month for Casinos in Maryland Casinos in Maryland have seen gaming revenue hit $170,565,837 during March this year, according to data released Wednesday by the Maryland Lottery and Gaming […]
Casino
April 7, 2022
Commercial Casinos in US Report Strongest Gaming Results Since Pandemic Started
Casinos in the United States are enjoying a strong commercial start to the year with the first two months of 2022 turning out to be the strongest in the last couple of years since the COVID-19 pandemic hit the country and brought many commercial operations to a grinding halt. The American Gaming Association, though, finally […]
