Legal
January 13, 2023
Townsville’s Ville Resort-Casino Pleads “Not Guilty” to Charges of Breaking Queensland’s Casino Laws
Breakwater Island Limited, which is Ville Resort-Casino’s operator, has been charged by the Office of Liquor and Gambling Regulation (OLGR) with three different counts of restriction on various agreements. The charges were presented to the public last December, a few months after Channel Nine’s program “60 Minutes” presented a report about the allegedly illegal operations […]
Legal
January 13, 2023
Macau Police Busts Illegal Gambling Scheme and Arrests 15 People
The Macau Daily Times reported that the arrested Macau residents of ages 29 to 66 years old were allegedly part of an illegal online gambling business operated on overseas servers. The Investigation Was a Collaboration Between Macau and Guangdong Authorities At a press conference that took place on January 12, the Macau Judiciary Police announced […]
Industry
January 13, 2023
AGA Published Commercial Gaming Revenue Tracker for the Months Ended November 2022
The American Gaming Association published its Commercial Gaming Revenue Tracker, featuring state-by-state and nationwide financial performance data with breakdowns for individual gaming verticals. According to the AGA, the US commercial gaming industry experienced a 2.4% year-on-year growth in November. The Industry Posted Record-Breaking Revenue in November November was the 21st month of consecutive growth for […]
Business
January 13, 2023
Kindred Unhappy with Preliminary Q4 Results, Plans to Take Action
On Thursday, the company released an update for the fourth quarter of 2022, confirming it expects to see revenue of £305.0 million ($372.9 million). Kindred’s Q4 Revenue Impacted by the World Cup A year-over-year comparison reveals a solid growth of 24% when compared to the £224.9 million ($275 million) result reported for Q4, 2021. Comparison […]
Casino
January 12, 2023
Mansion Group to Surrender Operating License, Leave the UK
Online sports betting and casino gaming company Mansion Group has decided to leave the UK market and will surrender its license on January 13, 2023, after almost 20 years of operations. Shrinking Profitability Mansion Group’s decision to shut down operations in the UK comes as a response to the ever-tightening regulatory regime in the country […]
Industry
January 12, 2023
Golden Matrix to Acquire MeridianBet Group for $300M
Developer of gaming technology and content Golden Matrix entered into a definitive agreement to acquire MeridianBet Group for a total consideration of $300 million payable in a combination of cash and stock. ‘Highly Scalable B2C Vertical in New Markets’ The acquisition of Estonia-based MeridianBet Group and its related companies will give Golden Matrix access to […]
Business
January 12, 2023
Super Group Inc. Authorizes $25M Share Buyback Program
At the start of the year, the holding company for leading online sports betting and gaming announced it would extend its global foothold in the US by acquiring Digital Gaming Corporation. Now, the parent company of Spin and Betway has announced that its board of directors has given the green light for the launch of […]
Casino
January 12, 2023
Betclic’s CEO Urges for Stricter Rules for Online Casinos in France
Nicolas Béraud, Betclic’s founder and current CEO has expressed his opinions on gambling regulations via radio station franceinfo where he was Isabelle Raymond’s invité éco, or guest. According to the head of the European online gaming company, government officials in France should align online casino regulations with the same set of rules imposed on sports […]
Casino
January 12, 2023
Las Vegas Sands Unveils Plans for Massive IR Project in New York
The announcement came Thursday and sees Sands plan a massive entertainment, hospitality and casino location that is expected to boost the local economy and create jobs. Sands Plans Massive Project in Downstate New York Judging by a statement released by the company, it has already entered into agreements for a long-term lease of a site […]
Business
January 12, 2023
CT Interactive Inks Belgian Deal with PepperMill
CT Interactive, a Bulgarian company focused on developing and supplying games for online casinos, has expanded its presence in Europe through a deal with PepperMill Casino. CT Interactive Pens Deal with peppermillcasino.be Under the deal, the latter company will receive the provider’s suite of Dice slot games. As a result, PepperMill will be able to […]
