Interblock, a Las Vegas-based leader in the creation and delivery of prizewinning electronic table games (ETG) products, is excited to reveal the strategic purchase of electronic table gaming assets from Aruze Gaming America. Also, via this purchase, the company intends to increase its total number of employees by over 700 across the world.
A very important strategic step:
As the firm is well-known known for its perfect service transition, excellence and support using its robust support structure, with this purchase, Interblock’s main objective is to further enhance its already ongoing growth-focused strategy by advancing a few of the firm’s strategic initiatives, while strengthening its promise to bring inventive and ambitious solutions to the industry. In addition,…
Read moreErnie Stevens Jr., president of the Indian Gaming Association, called on the Biden Administration to appoint someone to the empty president position of the National Indian Gaming Commission (NIGC) as soon as possible, stating the postponements are slowing down crucial business.
National Indian Gaming Commission:
The aforementioned statement was part of an interview Stevens had during the duration of the Indian Gaming Association (IGA) Tradeshow & Convention, which took place the previous week in Anaheim. However, he also said that he would seek one more mandate.
Exit and replacement of E. Sequoyah Simermeyer, who stepped down as president at the end of February to join FanDuel, was a large subject of conversation among the leadership of the association at the conve…
Read moreEveryMatrix, a Malta-based B2B iGaming content and technology supplier, released the financial results for the first quarter of 2023 to report the record financial performance in the given period. According to the supplier’s web page, all business segments – Casino, Sports, and Platform – had a profitable quarter and contributed to the EBITDA growth of 119% over the same period last year to mark the highest growth in company history.
The company reported record financial results in Q1 2023, the simultaneous launch of the ambitious platform migration project, and the closure of an omnichannel deal with a first-class European brand. Every Matrix reportedly continued to reinvest revenues into future developments in the given quarter.
Record Results:
As…
Read moreOn April 10, Grand Lisboa Palace, located in Macau’s Cotai district, owned and operated by gaming giant SJM Holdings Ltd., officially opened the foreigner gaming zone.
Location:
The zone is found in the Cotai resort in the “Dragon Pavillon” which is the ultimate gaming part of the facility.
Commenting on the opening, specifically the official approval received from the Gaming Inspection and Coordination Bureau, the city’s casino regulator, SJM Holdings said in an emailed response: “With the approval of DICJ, the foreigner gaming zone was opened at Casino Grand Lisboa Palace on March 30, 2023.
“It is currently the only foreigner gaming zone set up by SJM.”
Foreign-gambling zone within the prope…
Read moreBrazil’s Finance Ministry is positioned to potentially generate up to R$3.4 billion (approximately US$ 620 million) this year through the regulation of online gambling. This revenue projection hinges on the approval of the authorization requests received during the initial licensing phase, as indicated by the Ministry of Finance. Regis Dudena, the head of the Secretary of Prizes and Betting (SPA), in a conversation with Estadão/Broadcast, noted that not all companies might meet the stringent requirements to operate within Brazil.
Revenue projections and regulatory challenges:
The SPA has processed 113 requests for authorization from various betting operators, termed as ‘Bets’…
Read moreUnless you’ve been living under a rock, more than likely you’re familiar with online gaming, which is often referred to as iGaming. Defined as participation in virtual activities that involve playing games online, such as online casino games or slots played on a mobile device or computer. In addition to online casino gambling, the term iGaming also encompasses online sports betting, lottery and poker.
The global iGaming industry has grown exponentially over the past few years, however, U.S. states have been slow to legalize online casinos. To date, only seven states in the U.S., including New Jersey, Pennsylvania, Michigan, Delaware, West Virginia, and Nevada (Rhode Island is expected to launch online casinos in Q1 2024) currently have access to legalized online casino…
Read moreGaming Innovation Group (GiG) has signed a new agreement with Ventures Lab, allowing the deployment of its acclaimed iGaming platform and advanced AI tools, DataX and LogicX, in Ontario. This partnership marks GiG’s fourth collaboration in the Canadian province and aligns with the company’s strategy for growth in regulated markets around the globe.
The agreement with Ventures Lab will fully harness the capabilities of GiG’s platform, emphasizing rapid market entry. GiG’s extensive experience in Ontario and other regulated markets, along with its status as an exclusive provider for regulated markets, sets the stage for potential multi-jurisdictional expansion in the future.
GiG’s innovative solutions are designed to drive significant revenue grow…
Read moreOn April 7, a woman in Jersey City, NJ won $200,000 at a Jin Ji Bao Xi Endless Treasure slot on the Tipico Casino platform online.
The news comes in the context of the brand’s fresh, women-focused differentiation casino strategy embraced in the fall of 2023.
“I Immediately Went Into Shock”
The winner, who wished to remain anonymous, explained that she initially believed she had won $20,000.
When she double-checked, she “screamed immediately” as she realized “it was $200,000 and not $20,000.”
“I immediately went into shock.”, she added.
W…
Read moreIn an era that is afraid of global warming and climate change, it is good to get back in time and experience how it was once upon a time when everything was icy and cold. 4ThePlayer decided to reminisce about these times in its newest release, 10 000 BC Double Max.
Modern mechanics in Ice Age:
The famous UK-based company partnered with the famous Yggdrasil, and after the limited exclusive that went great, the game is finally live on the network.
The Ice Age awa…
Read moreGaming in Macau registered its first month with a decrease in gross gaming revenue (GGR) on a subsequent basis since all travel restrictions for the Special Administrative Region (SAR) of China have been lifted.
Recovery Slowing Down but Strong
The monthly Games of Fortune statistics report published by the Gaming Inspection and Coordination Bureau (DICJ) revealed that casinos generated GGR of MOP$15.21 billion ($1.89 billion) in June.
The June result is 2.3% down compared to MOP$ 15.57 billion ($1.92 billion) the SAR casino industry registered in May when the market grew by 5.73% on a sequential basis to account for a third consecutive month of growth …
Read moreLa Francaise des Jeux (FDJ), the operator of the French national lottery, acquired Kindred Group for about $2.67 billion. This transaction will be a huge milestone for both companies since it is a key step towards creating the biggest company in Europe when it comes to the online gambling industry.
FDJ’s international expansion:
The deal is almost closed, and Kindred is listed for sale in Stockholm. It was listed by Corvex Management from New York, led by Keith Meister.
FDJ will pay 27.95 billion Swedish kronor, and all shareholders will earn <…
Read moreThe introduction into Macau of a digital version of the yuan currency currently being trialled by the government of China should prove to be a long-term positive for the city’s collection of almost 40 casinos.
According to a report from GGRAsia, this is the opinion of Sanford C Bernstein Limited analyst Vitaly Umansky some two weeks after officials in the enclave revealed that they would be amending local financial rules so as to allow for the complete adoption of the blockchain-powered innovation. The source detailed that the app-based ‘digital yuan’ currency is set to be controlled by the People’s Bank of China and will allow the central government to trace the movement of all cash and coins in circulation and know the full details of goods and ser…
Read moreSwedish online casino operator Kindred Group has released its unaudited financial results for 2021 showing that its profit after tax had risen by over 78.7% year-on-year to top £295.3 million ($400.7 million).
The Stockholm-listed firm used an official press release to declare that this twelve-month period had represented its ‘strongest year to date despite temporary headwinds’ and came as its aggregated annual revenues experienced a swell of 11.4% to approximately £1.25 billion ($1.69 billion). The company also detailed a 15% boost in its comparable earnings before interest, tax depreciation and amortization to £332.1 million ($450.5 million) to take its associated profit before tax up by 75.2% to £338.4 million ($459 million).
Advantageous autum…
Read moreIn the southern Australian state of Victoria and an independent investigation has reportedly called for the local government to pass legislation that would explicitly prohibit casinos from partnering with foreign junket firms.
According to a report from Inside Asian Gaming, the enquiry being chaired by prominent Australian lawyer Ian Freckelton (pictured) was launched in July after five former members of the Victorian Commission for Gambling and Liquor Regulation (VCGLR) publicly accused the watchdog of having become a ‘lap-dog’ for Crown Resorts Limited and repeatedly ignoring claims of money laundering at the operator’s giant Crown Melbourne property.
Explicit exoneration:
“There should be a review of the 2020 Internal Control Statements t…
Read moreThe Macau government recently announced some excellent news for the whole gaming industry in Macau. Gaming tax revenue in Macau in the March 2023 quarter is higher than it was in the same quarter last year.
Successful first quarter:
In March 2023, the government earned MOP$10.1 billion (or US$1.25 billion) from the gaming industry. Compared to the same quarter last year, when the revenue was MOP$8.7 billion (US$1.08 billion), an increase of 15.8% has been recorded.
The Financial Services Bureau published more precise information about the matter.…
Read moreThe eerie atmosphere and the dark that threatens to swallow the world, and two demons who await the bravest ones to face them in the mysterious world. Dive into the darkness and uncover the mysteries of the underworld in the newest Hacksaw Gaming slot release, Dark Summoning.
Eerie atmosphere and fantastic features:
The horror-themed game is placed across a 5×6 grid and has 24 winning lines. Apart from fantastic graphics and a soundtrack that resembles the best horror movies, the game has a lot to offer. Fantastic features and great gameplay are upgraded by an amazing win potent…
Read moreIn the western American state of Nevada, the Clark County Commission has reportedly given Fertitta Entertainment Incorporated the green light to bring a 43-story casino hotel to a six-acre plot of Las Vegas Strip land.
According to a Wednesday report from the Las Vegas Review-Journal newspaper, the firm run by billionaire American businessman Tilman Fertitta (pictured) is already responsible for the Golden Nugget Las Vegas facility and similarly gambling-friendly venues in the states of New Jersey, Louisiana and Mississippi. The Houston-headquartered enterprise purportedly paid some $270 million in June so as to purchase the parcel situated on the southeast corner of Las Vegas Boulevard and Harmon Avenue and is now looking to fill this space with a 2,420-room development also host…
Read moreGlobal investment bank Credit Suisse Group AG has reportedly warned that Macau could see its aggregated gross gaming revenues crash by as much as 20% this year owing to China’s burgeoning crackdown on granting visas to frequent gamblers.
According to a Tuesday report from Asia Gaming Brief, the mainland’s National Immigration Administration revealed earlier this month that it had ‘discouraged’ approximately 90,000 people who had wanted to leave the country to gamble over the course of the last year. The source explained that the giant nation’s Ministry of Public Security has also recently stepped up its own associated efforts and is said to be concentrating on those who have visited a foreign casino more than three times since the start of 2019.
Rapid recession:Read more
It appears as though the legal market for online gambling in the Netherlands has cooled a bit since opening in October 2021, according to a report from Kansspelautoriteit (KSA) advising that the number of gambling accounts in the northwestern European country is plateauing while revenue growth is shrinking. The market is, according to experts of CasinoScout.nl, continuing to meet expectations.
According to the government agency responsible for the supervision and regulation of gambling services in the Netherlands, the legal market for internet-based gambling…
Read moreBritish digital sports content, technology and integrity services provider Genius Sports Group Limited has reportedly released its financial results for 2020 showing that its total revenues jumped by 30.6% year-on-year to $149.7 million.
According to a Wednesday report from Yahoo Finance, the London-headquartered firm benefitted as every one of its three distinct business segments posted double-digit year-on-year revenue gains including a 94% boost from its media technology, content and services arm to $23.1 million.
Fresh field:
Genius Sports Group Limited officially went public on the New York Stock Exchange via a $1.5 billion merger with special purpose acquisition company (SPAC) Dmy Technology earlier this month and reportedly credited some of its success to the …
Read moreIn the United Kingdom and the Gambling Commission regulator has announced that it has concluded the application stage of its process to select who is to be granted the next ten-year license to run the country’s National Lottery.
The watchdog used an official Tuesday press release to detail that this initial phase ended on Friday with it having received official license applications from four entities encompassing current operator Camelot UK Lotteries Limited as well as European lotteries giant Sazka Group, local publishing behemoth Northern and Shell and a conglomerate consisting of British telecommunications provider BT Group and Italian gaming specialist Sisal SpA.
Bountiful benefits:
The Gambling Commission kicked off its drive to select the ne…
Read moreAfter breaking ground in April 2023, the Choctaw Resort Development Enterprise (CRDE), owned by the Mississippi Band of Choctaw Indians, has decided the official name of its soon-to-be-opened travel plaza is “Crystal Sky.” According to the recent press release, the nearby Crystal Ridge tribal community in Winston County served as the inspiration for the name.
Tribal competition to decide on the permanent name of the property:
During the groundbreaking ceremony held last spring for the development, the contest to name the travel plaza was unveiled by Chief Cyrus Ben, where members of the Tribe were invited to submit their ideas for a fitting moniker. A name that would not only reflect the natural beauty of the surroundings but also the spirit of the community.
…
Read moreMarch Madness is about to begin, and everyone is beyond excited! The in-person wagering has already started, but the expectations are high regarding the mobile gambling that has been allowed from today.
The popularity of online gambling:
Professor Victor Matheson, an economist at the College of the Holy Cross, said that the actual game began with the opening of mobile gambling. He also claimed that the difference between the states where mobile gambling is allowed and those where it is still prohibited is enormous – at least 10 to 1 in favor of…
Read moreLevi & Korsinsky, a prominent law firm, has united individuals affected by the recent Caesars Rewards Casino data breach to participate in a potential lawsuit. The cyberattack compromised the personal information of more than 65 million Caesars Rewards members, raising concerns of potential fraud and identity theft. However, it is yet unclear whether the victims can receive compensation.
The Firm Will Help Protect Customer Rights
Levi & Korsinsky is inviting individuals who have received notifications regarding the data breach to get in touch. The law firm stressed that participation in this process carries no cost o…
Read moreCasino gambling, wagering on sports and iGaming activities are prohibited in China. The country has tough laws when it comes to gambling, but an exception is applied to Macau, a popular tourist destination and a special administrative region (SAR) of China.
Although the city offers casino gambling, the crackdown against the activity extended from China with a request for Macau to implement foreigner-only gambling halls. This came in an effort to track their activities and determine what part of the operators’ revenue comes from foreign tourists.
Details regarding the new requirement first emerged a couple of years ago toward the end of 2022. Despite the requirement, separating foreign casino visitors w…
Read moreMobinc’s masterstroke in the Canadian province will now see it offer a number of games from some of the most prominent suppliers in the iGaming industry. Among those are names such as Hacksaw, Push Gaming, Quickspin, Pragmatic Play and Relax Gaming all of which are now available on the Ontario-licensed platform.
Mobinc Strikes Massive Content Partnership in Ontario
This will have immediate benefits for both players and casinos. Quickspin was able to negotiate a partnership that will allow one of its flagship titles, Sakura Fortune, to also be featured as the official
Flutter Entertainment, the parent company of FanDuel, has projected that the U.S. gambling market will grow significantly, expecting it to exceed $60 billion by 2030. The latest forecast marks a notable increase of almost 60% from previous estimates made in 2022. Flutter’s stock surged by 8% following the announcement, reaching an all-time high. As part of its strategic expansion, the company has also announced a $5 billion share repurchase program.
The U.S. gambling market, as projected by Flutter, will account for $63 billion of North America’s total $70 billion market by 2030. This revised projection is a substantial leap from the previous estimate of $40 billion for the U.S. market. Globally, Flutter estimates the total gambling market to reach $36…
Read moreTabcorp Holdings Limited, a flagship Australian gambling company/provider of betting and gaming products and services based in Melbourne, has revealed that it has officially appointed Mark Howell as the firm’s Chief Financial Officer (CFO).
Rich experience:
At the moment, Howell is primarily responsible for the financial position, which means he is the General Manager Liquor Finance & Network Optimisation for Coles Group Limited’s (Coles) Liquor company, which is trading as Vintage Cellars, Liquorland and First Choice Liquor Market, one of Australia’s biggest retail liquor networks. He will assume the mentioned role of CFO before June next year.
Moreover, Howell will deliver significant retail and consumer experience to the firm, having joined Coles d…
Read moreGame Pass subscription targets fell short of Microsoft company goals, according to a new financial filing from the tech giant. According to a report from Axios, Microsoft targeted a 73% gross rate for Game Pass for last fiscal year, which ended June 30, 2022. The service grew instead by 28%.
These goals are tied to Microsoft CEO Satya Nadella’s pay. The company also failed to reach a similar marker in the 2021 fiscal year. However, in the 2020 fiscal year, Game Pass subscriptions exceeded expectations. Other goals that would affect the CEO’s salary include Microsoft Cloud revenue, Teams usage, and LinkedIn sessions. Overall, Nadella received a $55 million payout in stocks and cash.
At the Wall Street Journal Tech Life Event, Microsoft Gaming CEO Phil Spencer said that Game P…
Read moreLooking for a new PC with a small price tag? Then consider adding a mini PC to your home office. Not only are they incredibly affordable–everything on this list is under $500, and a handful are $200 or less–but they offer a small footprint and should fit on even the most cluttered desk.
One of the best mini PC deals right now is for the Beelink SER5 Max Mini, which offers a fairly robust Rzyen 7 5800U and is just $329 (down from $429). If you want something with a bit more…
Read moreAt a glance, you’d be forgiven for thinking that The Legend of Zelda: Echoes of Wisdom follows firmly in the footsteps of the 2019 remake of Link’s Awakening. Stick Zelda in as a playable character, give her a magic wand, sell an absolute shed-load of copies. Job done.
But having now played an 80-minute section from early in the game, this comparison seems only surface-deep. Although it shares the extremely cute, diorama-esque aesthetic of its top-down predecessor, Echoes captures much more of the systemic and improvisational joys of Breath of the Wild and Tears of the Kingdom than you might expect.
Apex Legends Season 20: Breakout launches next week, and today, Respawn gave players a taste of what the future holds via a new gameplay trailer that shows off Apex’s surprising new shield system.
Although it will bring 100 new Legend-exclusive perks to the game, Apex’s new Legend Upgrades system will also see EVO Shields entirely removed from the loot pool. As of Season 20, EVO Shields will be replaced with Shield Cores, which only spawn in deathboxes, and may only provide players with temporary protection.
In its first quarter as a merged entity, Warner Bros. Discovery has posted a domestic loss of 300,000 subscribers but an international gain of 2 million–bringing the media and entertainment conglomerate’s total subscriber count for Q2 to 92.1 million. That figure includes both HBO Max and Discovery+ subscribers, plus the HBO app.
In Q1, WarnerMedia reported 76.8 million subscribers to HBO or HBO Max last quarter, and Discovery reported 24 million direct-to-consumer subscribers–which taken together suggests a decline in subscribers from Q1 to Q2. Despite this loss heading into Q2, The Hollywood Reporter reports that Cowen analysts had previously upgraded Warner Bros. Discovery to outperform its own projections since CEO David Zaslav announced a plan not to outspend Netf…
Read moreThe period drama Bridgerton will be getting a new spinoff at Netflix, according to The Hollywood Reporter. The untitled series will be an origin story for the show’s Queen Charlotte’s character, and Shonda Rhimes (How to Get Away with Murder) will be writing at least the pilot or each episode of what’s being billed as a limited series.
“Many viewers had never known the story of Queen Charlotte before Bridgerton brought her to the world, and I’m thrilled this new series will further expand her story and the world of Bridgerton,” said Netflix vice president of content Bela Bajaria (via THR). “Shonda and her team are thoughtfully building out the Bridgerton universe so they can keep delivering for the fans with the same quality and style they love. And by planning and prepp…
Read moreZenless Zone Zero, the new action-RPG from miHoYo (the studio behind Genshin Impact and Honkai Star Rail), got a new trailer during Gamescom Opening Night Live showing off the game’s urban setting. The trailer features a look at the near-future city of New Eridu, where characters can hang out and play arcade games.
Not too much is shown of the different activities you can do in New Eridu, but players were shown having the option to hang out with different named characters, including a wolf-man in a fancy suit.
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