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
Month: October 2024
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.
Oct 12, 2024 4 min read Table Of Contents Nine years ago, Ognyan Dimov burst onto the poker scene when he won the European Poker Tour Deauville Main Event. He had the big trophy that came with that spectacular accomplishment, but for nearly a decade and countless tournaments, another spadie had always eluded the Bulgarian.
The Dutch Gambling Authority (Kansspelautoriteit or KSA) has reported significant growth in the regulated gambling market, with the market’s gross gaming revenue (GGR) increasing by 21.2% in 2023, reaching €4 billion. However, the KSA has also raised concerns regarding the country’s channelisation rate, which measures the proportion of gambling activity conducted through legal operators. While
View image in fullscreen Poacher turned gamekeeper: the gambler who turned tables on bookies and lobbies for UK tax rise Multimillionaire Derek Webb, a Labour donor, goes all-in with support for levy on online casinos and bookmakers Labour considers up to £3bn tax raid on gambling firms As a former professional poker player, Derek Webb
Vegas has said goodbye Tropicana for the last time with a stunning display that lit up the Las Vegas skyline with a spectacular drone and fireworks show, followed by the dramatic 22-second implosion of its iconic towers at 2:30 a.m. on Wednesday, October 9. This landmark event ushers in a new chapter for Las Vegas,
Digne-les-Bains, a picturesque town in Alpes-de-Haute-Provence, France, is set to enhance its tourist and entertainment offerings with the construction of a new casino. This ambitious project, managed by the renowned Golden Palace Group, was formally introduced to the municipal council on Tuesday, October 8. The planned Casino Golden Palace Digne-les-Bains is expected to begin operations by the
BetConstruct‘s head of gaming operations Ruzanna Elchyan, shared insights about the upcoming Ortak x B.F.T.H. Arena Awards. The event will take place on December 13. The B.F.T.H. Arena Awards has now reached its third edition, which is a significant milestone, to say the least. What unique strategies or elements have been key to sustaining and growing the success of
Oct 11, 2024 In the 860th episode of the PokerNews Podcast, which is sponsored by the free-to-play WSOP App, Chad Holloway Kyna England, and Mike Holtz are at Level 9 Studio in Las Vegas to discuss the sexual harassment allegations against Nick Vertucci, who as a result is no longer associated with Hustler Casino Live
In a significant move for the global gaming industry, the American Gaming Association (AGA), European Casino Association (ECA), and Betting & Gaming Council (BGC) have signed a memorandum of understanding (MOU) aimed at addressing shared challenges. The agreement, announced today, signifies a collaborative effort to confront key issues like illegal gambling, responsible gaming, industry innovation,
The 2023-24 financial year marked a period of unprecedented growth for South Africa’s gambling industry, with gross gambling revenue (GGR) reaching a new peak of ZAR59.3 billion. This figure represents a substantial 25.7% increase from the previous year’s ZAR47.12 billion, signaling robust industry dynamics. Unprecedented growth in gambling revenue: According to the National Gambling Statistics FY2023/24 report(pdf)
A new tribal sports betting initiative in California could be on the ballot as soon as 2026, but it is more likely to emerge in 2028, according to a key tribal leader. Speaking at the Global Gaming Expo (G2E) in Las Vegas on Tuesday, James Siva, chairman of the California Nations Indian Gaming Association, said
Oct 10, 2024 3 min read Table Of Contents At PokerNews, we’re always on the hunt for top-tier bonuses, so when BetMGM’s latest sports and casino promo crossed my desk, I couldn’t resist taking a closer look… The First Bet Special is BetMGM’s offer to the sports and casino fan with $250 in Bonuses from
Brazilian President Luiz Inácio Lula da Silva is contemplating an outright ban on online sports betting if the government’s recent regulatory efforts fail to address the growing issue of gambling addiction in the country. Since the legalization of online sports betting in 2018, there has been a dramatic surge in betting activity, raising concerns about
0:36 Tropicana casino in Las Vegas demolished in controlled implosion – video The Tropicana, a landmark hotel and the last true mob-era casino in Las Vegas, was reduced to rubble on Wednesday. The legendary haunt of the Rat Pack and the place James Bond said he had heard was quite comfortable in the 1971 film
Last year, the F1 Las Vegas race was considered a financial success for some, and a complete disaster for others. While many resorts made a bundle of cash, smaller local businesses suffered from road closures. Additionally, traffic was an absolute nightmare and casino employees were inconvenienced for months trying to navigate the maze of construction
Wynn Resorts has officially announced the estimated budget for its highly anticipated integrated resort in Ras Al Khaimah, United Arab Emirates. The project is expected to cost a total of $5.1 billion, with Wynn contributing $1.1 billion in equity, according to an investor presentation held in conjunction with the G2E event in Las Vegas this week. The development,
As Global Gaming Expo (G2E) Las Vegas 2024 gets underway, Euro Games Technology (EGT) is unveiling an impressive lineup of new gaming products aimed at captivating both players and industry professionals. Among the highlights is the Bell Link 2 multigame, the Bell Link Boost jackpot, and two new Asian-themed jackpots, showcasing EGT’s innovative approach to player engagement and
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