The UK gambling industry is bracing for potential tax increases as speculation grows ahead of the Labour government’s upcoming budget announcement on October 30. Sources close to the Treasury have revealed that Chancellor Rachel Reeves may introduce higher taxes on gambling operators to help close a £22 billion fiscal deficit. Currently, the UK’s remote gaming
View image in fullscreen Sportsbet quietly drops novelty bets as investigations and advertising restrictions loom Australia’s largest sports betting company has stopped offering odds on events such as the Grammys, Survivor or the winner of the Triple J Hottest 100 Follow our Australia news live blog for latest updates Get our breaking news email, free
Caesars Entertainment has announced the launch of Horseshoe Online Casino, a cutting-edge online casino app and desktop platform developed for the seasoned casino player. The legendary casino brand, known for providing unparalleled customer satisfaction, is now bringing its player focused gaming experience to the online world. The Horseshoe Online Casino builds on the legacy of
In a significant expansion of its technological offerings, Kambi Group has partnered with Hard Rock Digital to roll out its innovative Odds Feed+ solution across the United States. This collaboration marks a major milestone as Hard Rock Bet, operating in eight states, will incorporate Kambi’s advanced pre-match and live betting odds into its services. The states benefiting from this upgrade include Arizona,
At the SBC Summit Lisbon, gaming content provider SYNOT Games showcased its latest innovations and gaming portfolio to a global audience, reinforcing its commitment to growth in regulated markets. The event, held from September 24-26, provided an ideal platform for the company to highlight key offerings, including its newest game, All Ways Queen, and the introduction of its
Oct 15, 2024 Life Outside Poker is a new podcast for PokerNews hosted by Connor Richards that seeks to pull back the curtain on poker players and allow viewers and listeners to get to know them on a personal level. In the 19th episode, Connor speaks with former poker pro Eugene Katchalov, one of Ukraine’s
The Brazilian government has taken decisive action in its efforts to regulate the online betting market by blocking 2,040 illegal betting sites that failed to meet the requirements for licensing. The move, led by Brazil’s Secretariat of Prizes and Bets (SPA), marks a critical step in the preparation for the country’s fully regulated market launch
View image in fullscreen Shares in UK gambling firms fall £3bn amid talk of higher taxes in budget Thinktank reports saying sector should be hit with extra £900m to £3bn in levies prompts market selloff Shares in British gambling companies have dropped sharply, reducing the stock market value of large operators by more than £3bn,
We visit the site of the Mirage demolition 3 months after closing to check on progress, and to see how the new Hard Rock Las Vegas is coming together. While construction is hidden behind walls and partitions, we were able to see that the Mirage Volcano is gone, while other artifacts and signage are still
AC Milan has teamed up with TG.Casino, a prominent Telegram-based crypto casino, to introduce a new era of fan engagement through digital innovation. This partnership marks TG.Casino as the Official Regional iGaming Partner in Europe, merging the worlds of football and digital gaming. By incorporating digital currencies into their strategic operations, both entities aim to
The latest edition of the G2E exhibition, presented by the American Gaming Association (AGA) and organized by RX, brought more than 25,000 gaming professionals to Las Vegas last week, fostering industry innovation and driving gaming’s growth. “For 24 years, G2E has been the heartbeat of the gaming industry, offering a vital platform for the global
Oct 14, 2024 3 min read Table Of Contents ICM is an essential tool for understanding tournament strategy, particularly the value of survival. Although players cannot run ICM calculations like the ones on GTO Wizard during play, studying it off the table helps develop intuition for key decisions. In tournaments, maximizing your tournament equity is
Denmark’s gambling market saw a 4.3% year-on-year increase in gross gaming revenue (GGR) in August 2024, reaching DKK571 million ($84.1 million), according to data released by the Danish Gambling Authority, Spillemyndigheden. This overall growth was largely driven by a strong performance in the online casino sector, which helped offset declines in sports betting and land-based
In a strategic move within the fantasy sports landscape, RotoUnderworld, a Fairfield, Connecticut-based analytics firm focused on fantasy sports, has successfully garnered $1.5 million during its pre-seed funding stage. This funding initiative, spearheaded by an alliance of undisclosed iGaming enthusiasts and tech investors, aims to catalyze the development of their pioneering fantasy gaming platform. Emergence of a fantasy
Maryland’s six casinos reported $159.5 million in gaming revenue for September 2024, marking a 2.8% increase compared to the same period last year, according to figures released by the state’s lottery and gaming agency. The revenue boost led to $68.7 million in contributions to the state, a 3.4% rise from September 2023. Of that, $49.5
Oct 12, 2024 5 min read Last updated Oct 13, 2024 The break came at just the right time for Elias Gutierrez. The Team PokerStars Pro could feel the tournament slipping from his grasp. Gutierrez began his heads-up match with Russia’s Alexander Zubov with a massive chip lead, but Zubov steadily wore him down until
The South African gambling industry experienced unprecedented growth during the 2023-24 financial year, with gross gambling revenue (GGR) reaching an all-time high of ZAR59.3 billion, a significant 25.7% increase from the previous year. This marked a milestone for the industry, driven largely by the explosive growth of the sports betting sector. According to the National
View image in fullscreen Labour considers up to £3bn tax raid on gambling firms Treasury weighing proposals as chancellor attempts to plug £22bn hole in public finances The gambler who turned tables on bookies and lobbies for UK tax rise Rachel Reeves spends first 100 days in power trying to ride two horses Ministers are
Print Studios has once again ventured into the darker realms of online gaming with its latest slot release, Dreadworks. This eerie game, set in the haunted ruins of Big Jack’s Toy Factory, offers a thrilling experience for players with its high volatility and innovative features. The once-joyful toy factory now hosts twisted dolls and sinister
The landscape of Las Vegas casinos is undergoing a transformation as the gaming industry pivots towards attracting a younger demographic, a trend highlighted by industry executives at the Global Gaming Expo (G2E). Innovations in technology and gaming experiences are playing a key role in this shift, as noted by MGM Resorts International President Bill Hornbuckle.
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