In the week leading up to the recent US election, Australia’s major online gambling operators significantly increased their advertising spending, focusing on novelty bets that captured public intrigue. Operators like TAB, Ladbrokes, Sportsbet, and Neds spent a combined total of approximately $240,000 on Facebook advertisements. These ads featured bets on various aspects of the US election, ranging from the likelihood of Donald Trump
Month: November 2024
Penn Entertainment shares fell in early trading Wednesday following a downgrade from Bank of America, which lowered its rating to “neutral” from a prior recommendation. Analyst Shaun Kelley attributed the change to what he described as a “balanced” risk-reward outlook, assigning a price target of $22 — signaling limited upside from the current price. Kelley
BetMGM has started combining player pools between its New Jersey and Michigan online poker markets, marking a significant milestone in the evolution of the company’s poker, offering players an enhanced app, larger promotions, and more online poker action. In addition to combined player pools in New Jersey and Michigan, BetMGM Poker has recently launched an
In the 20th episode, Connor speaks with PokerNews Podcast co-host and Game of Gold contestant Kyna England about the Chicago poker scene, winning 2021 MSPT Player of the Year, going to Korea for Game of Gold, podcasting and being a part of Team Hot Dog with Jamie Kerstetter and others. England also talked about her
Philippine President Ferdinand Marcos Jr. has enacted a definitive ban on Philippine Offshore Gaming Operators (POGOs) through Executive Order 74, signed on November 5, 2024. This action follows his strong stance against POGOs expressed in his State of the Nation address in July, where he highlighted the sector’s links to crime and corruption. Under this
The Venetian and Palazzo resorts, prominent fixtures on the Las Vegas Strip operated by Apollo Global Management, have recently announced a significant restructuring involving the reduction of their workforce. This move is part of a broader strategy to streamline operations and enhance agility within the rapidly changing hospitality industry. Despite the vast size of their workforce, which exceeds 8,500, the
Louisiana Representative Roger Wilder’s (R-71) legislation to raise the state’s sports betting tax rate from 15% to 51% has been deferred at the lawmaker’s request. If approved, House Bill 22 would have aligned Louisiana’s sports betting tax rate with New York’s as the highest in the United States, in a bid to generate significant additional
We have another look at an online slot from Spadegaming! It’s Alchemy Quest Level Up, with six reels, seven rows, and over 117,000 paylines! There are five betting levels to choose from based on the amount of credits you wager. Plus, it features Wild and Scatter Symbols, Magic Portals that lock on the reels, and
Nov 12, 2024 4 min read Table Of Contents Sports card shop owner Jared Bleznick showed some aggression during Tuesday’s High Stakes Duel 5 opening round while defeating poker legend Patrik Antonius for $100,000 in a four-hour battle. The no-limit hold’em/pot-limit Omaha mix game on PokerGO cost $50,000 per player to enter. Each player received
The Paraguayan government has introduced a bill to the Chamber of Deputies to transform the country’s gambling landscape. The new proposal seeks to update Law No. 1,016/1997, which has regulated Paraguay’s gambling market for over two decades. The proposed changes would dismantle gambling monopolies, opening the market to private competition and strengthening the powers of
Galaxy Entertainment Group (GEG) announced the peaceful passing of its founder and Chairman, Dr. Lui Che Woo, on November 7, 2024, at the age of 95. Dr. Lui’s death marks the end of an era for the company he began and shepherded to remarkable heights in the gaming and hospitality industries. From humble beginnings to tycoon:
Lui Che Woo, the influential Hong Kong tycoon behind Galaxy Entertainment Group, has passed away at the age of 95. His death was confirmed by the company he founded and chaired, which paid tribute to his legacy in a statement: “His vision, tremendous leadership and guidance were the foundations for the group’s development and continued success.”
Fontainebleau F1 experience is offering guests the opportunity to enjoy race week like a VIP with the Aston Martin Million Dollar Package. The pinnacle of luxury, this package puts guests in the driver’s seat to curate their own Race Week adventure while giving them the chance to take home their very own Aston Martin Vanquish,
Nov 12, 2024 2 min read Table Of Contents Kristen Foxen and Jeanne David have been chosen as the 2024 inductees into the Women in Poker Hall of Fame (WiPHoF), with Starla Brodie set to make history as the first-ever recipient of the newly introduced Pioneer Award. The induction ceremony will take place next month,
With the upcoming US presidential election just days away, political prediction markets have gained extraordinary momentum, capturing the attention of both investors and bettors nationwide. This election cycle has seen a rapid rise in platforms like Kalshi, Polymarket, and PredictIt, where political futures contracts allow users to wager on electoral outcomes. Prediction markets, often structured as
View image in fullscreen Great Britain ‘lags behind’ Europe on betting ad regulation, says gambling charity Public health concerns fuel restrictions across comparable markets, yet UK remains ‘lenient’ Great Britain “lags behind” Europe on measures to restrict betting adverts, according to a report released days after official data showed a sharp increase in the number
Game Lounge, a leading force in the iGaming affiliate industry, has announced its acquisition of Two Kings Consultants B.V., the company behind the well-known Dutch iGaming website, Meneer Casino. This strategic move signals Game Lounge’s entry into the fast-expanding Dutch iGaming market and reinforces its influence within the global affiliate landscape. The acquisition adds Meneer
In a sweeping policy shift, Philippines President Ferdinand Marcos Jr. has signed an executive order banning all offshore gaming operations within the country, marking a decisive end to the Philippine Offshore Gaming Operator (POGO) industry. The order, titled “Immediate Ban on Philippine Offshore Gaming, Internet Gaming, and Other Offshore Gaming Operations in the Philippines” and
Nov 11, 2024 4 min read Table Of Contents The World Series of Poker (WSOP) Circuit is back in Las Vegas November 21-December 3 for the WSOP Circuit Horseshoe Las Vegas. Hosted by the Horseshoe Las Vegas — now located on the strip where the old Bally’s Las Vegas used to be — the 12-day
The Dutch gambling regulator Kansspelautoriteit (KSA) has issued warnings to three gambling operators for breaching advertising regulations through unauthorized sponsorships at sporting events. The move underscores the KSA’s commitment to tightening control over gambling promotions as part of the Netherlands’ stringent advertising regulations implemented last year, which aim to minimize exposure to gambling ads, especially
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