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The UK Gambling Commission (UKGC) has directed gaming operator Gamesys to pay a £6 million ($7,636,350) penalty after the Commission investigation revealed social responsibility and Anti-Money Laundering (AML) failings, and breaches that occurred between November 2021 and July 2022. The Commission noted that Gamesys – which operates 16 websites including ballycasino.co.uk, doublebubblebingo.com, jackpotjoy.com, and megawayscasino.com
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January 10, 2024 Six players returned to the PokerGO Studio in Las Vegas on Wednesday chasing the $500,000 first place prize in the PGT Championship $1 million season-ending freeroll. It took about six hours of play for the start-of-day chip leader, Daniel Smiljkovic, to come out victorious. Although Smiljkovic entered the final table with the
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The Gambling White Paper[1], published in April 2023 by the UK government, serves as a testament to this evolving landscape, highlighting the government’s priorities and concerns regarding the future of gambling in the country. Notably, the paper emphasises the need for a delicate balance: ensuring consumer freedoms while offering robust protection from potential harms. Over
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Business-to-consumer (B2C) online gaming business MeridianBet Group said it has achieved about 25% revenue growth in 2023 compared with revenue growth of 24 percent in the prior year. EBITDA (earnings before interest, taxes, depreciation, and amortization) and net profit grew around 10% and 6% respectively from 2022. The company attributed the growth to new product offerings
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Can you really go to jail in Las Vegas just for standing on a bridge? A new ordinance going into effect in the middle of this month says “yes” you can! And if you do get arrested, you might be banned from downtown Las Vegas for a year! There are new ways to go to
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There’s a new Venetian Las Vegas loyalty program launching in March, called Venetian Rewards. It will feature both gaming and non-gaming expenditures, enhanced earning transparency for slots, tangible and valuable benefits, and unlock more ways to earn Rewards Points. Venetian Rewards is poised to replace the Grazie Rewards program. Existing Grazie Rewards members will be
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Billionaire Bet365 boss pockets further £270m Latest bumper payout for Denise Coates comes despite a £60m loss for 2022-23 The billionaire boss of Bet365 pocketed more than £270m last year in another huge payday for the founder of the Stoke-on-Trent-based gambling company. Denise Coates, who set up Bet365 in a portable building in the Staffordshire
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iGaming tech supplier SOFTSWISS has announced that the anti-fraud team within its SOFTSWISS Managed Services solution helped secure over €13 million ($14.2 million) for its clients in 2023. According to a press release, in 2023, the Anti-Fraud team “efficiently handled over 100,000 tasks, demonstrating a remarkable 62% increase in its year-on-year output” encompassing diverse issues ranging
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It seems there’s no end to strange things in Las Vegas. But a Fremont Street ban on certain individuals is pretty odd… even for Sin City. But believe it or not, Mayor Carolyn Goodman has already introduced an amendment to the city Municipal Code to do just that. Simply put, the mayor wants to ban
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Play’n GO, a leading Swedish-based iGaming supplier, has launched Tales of Mithrune Syn’s Fortune, the sequel to the smashing hit Champions of Mithrune. In this sequel, players have the chance to re-enter the fantasy kingdom of Mithrune, but this time for an all-new adventure featuring 1 of 5 champions, Syn the Shapeshifter. A magical adventure: This
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The social media giant Meta, owner of Facebook and Instagram, was fined by the Italian Communications Regulatory Authority (AGCOM). The company has to pay a fine of €5.85 million for violating the country’s laws about gambling advertising. Fine for betting and gaming ads The country decided to issue a fine to the industry giant, which
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Games Global has announced that a remarkable $17 million Mega Moolah jackpot was won by a lucky player at the Betway online betting site Christmas Eve. This colossal win came on the Book of Mega Moolah, one of Games Global’s latest online slot releases with the iconic progressive jackpot. The big win came on a
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