As the Department of Justice in Ireland works toward implementing the new Gambling Regulation Act, junior justice minister James Browne TD has announced that a chief executive for the Gambling Regulatory Authority is being sought to oversee the operations and execute responsibilities as an independent regulator answering directly to the Department of Justice. The application
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Entertainment and hospitality giant MGM Resorts International is launching a new $2 billion share repurchase program, the company announced on Wednesday. The plan has been authorized by the group’s Board of Directors. “We remain committed to our capital allocation strategy and continue to believe that returning cash to shareholders is a highly productive use of
The threat from the Omicron variant of the Coronavirus did little to slow down the Vegas revenue record streak. Nevada casinos once again took in over $1 billion in the month of January, marking the 11th consecutive month they’ve done so. A report from the Nevada Gaming Control Board shows that the state won close
March 03, 2022 As Russia continues its violent attack on Ukraine, the European Poker Tour (EPT) Sochi stop has been canceled days after it was postponed until October due to the ongoing war. The EPT cancelation won’t be the only one on the horizon in Russia if some TwoPlusTwo members have any say. In a
Boss of Bet365 paid almost £300m during first year of Covid Results show betting firm led by Denise Coates made £470m profit in year to end of March 2021 Bet365 boss Denise Coates was paid just under £300m in salary and dividends for the first year of the pandemic, as profits increased thanks to customers
Our guest this week is legendary oddsmaker, Roxy Roxborough. We talk to Roxy about he got started as the man who made the sports lines for Vegas and beyond, and how technology has changed the bookmaking game. . Show Notes [00:00] Introduction of legendary sports handicapper, Roxy Roxborough [00:40] How and when did Roxy get into
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Global B2B gaming technology platform provider Bragg Gaming Group (NASDAQ: BRAG) has gained access to The Bahamas after being approved for a gaming supply license to offer its online content and services in the Caribbean country. The certification process complete, it won’t be long before the provider’s operator partners in the archipelago are able to
The parent company of 888.com, 888 UK Limited has been fined £9.4m by the Gambling Commission in Great Britain for failure to fully implement customer safeguards and a lack of vigilance in guarding against the possibility of money laundering. Nearly five years ago they were fined heavily as well for failing to protect vulnerable customers.
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iGaming content provider, Pragmatic Play, announced it will be present at the upcoming Gaming and Technology Expo (GAT Expo) in Colombia, which will take place March 15-17 at Conventions Center in Cartagena de Indias. With the company acting as GAT Expo’s platinum sponsor, vice-president of LatAm Operations Victor Arias and part of its localized LatAm
Just two months after the record breaking launch of mobile sports betting, the expansion of New York online gambling into casino games is being proposed in new legislation. Well, that didn’t take long did it?! The political force behind the bill which regulated mobile sports bets, State Senator Joseph Addabbo, is now pushing a new
March 02, 2022 The World Series of Poker (WSOP) Circuit Harrah’s Cherokee in North Carolina wrapped up this week and saw Mark Davis of Birmingham, Alabama winning Event #12: $1,700 Main Event to earn his first gold Circuit ring and a massive payday of $334,678. The latest WSOP Circuit stop consisted of 16 ring events
Don’t bet on gambling firms changing with paltry fines Betting companies | MPs could do better | Mary Whitehouse’s phoney morals | Talking Welsh A fine of £9.4m for betting firms is peanuts (Report, 1 March). A more appropriate fine would be something like twice the total emoluments (salary, pension and bonuses) paid to the
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