View image in fullscreen MPs seek assurances that new national lottery operator will increase donations Concerns also raised about Allwyn’s commitments to safer gambling and its ownership structure MPs have demanded assurances from the gambling regulator about the new national lottery operator, Allwyn, raising concerns about its commitments to safer gambling and donations to good
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A leader of global iGaming and sports betting operations, DraftKings Inc, has reached an acquisition agreement with US-leading lottery operator Jackpocket for a total consideration of around $750 million. As reported, the agreement anticipates 55% of the consideration to be paid in cash, with the remaining 45% payable in DraftKing’s first-class common stock. According to
The Curacao Gaming Control Board, the government body in charge of regulating iGaming in the region, has announced it issued its first licenses under the new regulatory regime that came into effect last year. Among the entities receiving licenses we can find White Star, a brand that is part of the Rhino Entertainment Group, which secured
DraftKings announced that it has reached an agreement to acquire lottery app Jackpocket for a total consideration of approximately $750 million, in a deal the US sports betting giant expects will generate up to $340 million in additional revenue annually. Under the terms of the merger agreement, Jackpocket stockholders will receive a total consideration
February 17, 2024 The first of six €25,000 buy-in NL Hold’em tournaments on the 2024 PokerStars European Poker Tour (EPT) Paris schedule attracted 38 of the world’s most renowned poker players to Le Palais des Congrès in the French capital. Together, they put 51 entries on the clock by the time late registration closed, creating
Leaders of the Congress, including Dina Titus (D-NV) who have been requesting from the Internal Revenue Service (IRS) to increase the tax reporting limit on jackpots from slot machines for almost a decade, have got some gladly received support from an uncommon source, which is the agency’s Advisory Council. Rising the threshold: In a ruling
One of the leading game development companies in Sweden, Gaming Crops, decided to expand its partnership with the leading operator from Spain, Casino Barcelona, and its online operation Casino Barcelona.es. Major agreement The publicly-listed Swedish company strengthens its position in the Spanish iGaming market by signing this major agreement with the popular casino. On the
Sweden’s Government Proposal and AGT’s Response The Swedish government (Regeringen) has plans to hike the gambling tax rate from 18% to 22% of the gross gaming revenue. If approved, this change will come into effect on July 1st, 2024. As stated, this tax rise will bring an additional 540 million SEK in tax revenue each
iGaming content supplier Pragmatic Play has launched its newest adventure slot Pompeii Megareels Megaways. Set against the backdrop of Mount Vesuvius, the game boasts six ever-changing reels, offering 117,649 ways to win. Drawing inspiration from ancient Rome, the game features emperor figures, armored warriors, chariots and other iconic symbols. Triggering winning combinations sets off the tumble
February 16, 2024 The 2024 Grosvenor UK Poker Tour (GUKPT) is in full swing, with two of 12 planned stops already in the history books. Luke Porter emerged victoriously from the London Main Event in January, and Vincent Meli triumphed in Manchester on February 11. A short turnaround means the third leg of the 2024
The Philippine Amusement and Gaming Corp. (PAGCOR) has officially published a statement combating misinformation regarding its plans for privatization. The impact of misinformation: In the aforementioned statement, the gaming regulatory agency points out that the roll out of misinformation has caused unnecessary demotivation of workers. In this regard, Alejandro H. Tengco, President and CEO of PAGCOR,
BetMGM, the famous international sports betting and iGaming operator, has announced the establishment of a strategic partnership with X, the huge social network formerly known as Twitter before it was acquired by billionaire Elon Musk. The agreement will see BetMGM become the exclusive live odds and sports betting partner for X. This is the very
If you decide to try a new hobby, then know that playing chess in the Philippines is one of the trendy options. The ancient game is drawing attention because it is available to everyone, and there is no special equipment required besides the chess board and pieces. In this blog post, you can find out
The Oneida Indian Nation has revealed plans for a $50 million expansion at its Point Place Casino in Bridgeport, Madison County. The expansion project, set to commence in the coming months, seeks to transform the casino into a premier destination, offering an array of new amenities for guests. Citing a growing demand from patrons for
Scratch cards, those little tickets of mystery and potential fortune, have been a gambling staple for ages. Not just physical scratch cards, either. Many online brands, such as Gxmble Casino, have an entire library of scratch-off tickets to choose from. Like a treasure hunt in your pocket, they promise instant gratification and a sprinkle of
February 15, 2024 Imagine rounding out 2024 with a poker tournament and cash package worth $100,000 just for excelling in your favorite online poker events. This could happen to you thanks to the inaugural Player of the Year leaderboard at WPT Global. Although the WPT Global Player of the Year leaderboard began at the start
One of the biggest software suppliers to the iGaming and sports betting industries, Altenar, joined forces with Anakatech, the renowned gaming platform provider, to expand across various key European markets and introduce its sports betting offering to the players. Expansion across the European market: Thanks to the recently established deal, Altenar’s advanced and unique solutions
After the SOFTSWISS Jackpot Aggregator launched the progressive Jackpot on the Prime Network in October 2023, the fortunate player finally claimed the winnings on February 7, 2024! The winner of the Jackpot takes the EUR 244,742.34 prize aggregated in the Prime Network Jackpot campaign. Progressive Jackpot Campaign The campaign was run by multiple operators that
Shares of Macau casino operators experienced a surge following the release of official data revealing a notable increase in mainland Chinese tourist arrivals during the Lunar New Year. MGM China Holdings Ltd. witnessed a 10% surge in Hong Kong, reaching its highest point since June 2021. Concurrently, Galaxy Entertainment Group Ltd. and Wynn Macau both
Yea, you heard us. The Vegas Super Bowl betting shattered the all-time sports betting record. We know, we know… big surprise that the gambling capital of America took in more on this game than any other. Over $185 million, according to the Nevada Gaming Control Board, far surpassing the previous state record of $179 million.