Paf has achieved a record revenue of €177.1m (£150.8m/$191.4m) in its 2023 financial year, marking a 6.9% increase from the previous year. The Nordic gaming operator also posted a notable 23% rise in net profit to €55.1m, setting a new annual record. However, alongside this financial success, Paf has issued a warning about the potential
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Renowned civil rights activist Rev. Al Sharpton has penned a letter to the Federal Trade Commission (FTC), expressing concerns about what he describes as a “gambling duopoly” controlled by DraftKings and FanDuel. In the letter addressed to FTC Chair Lina Khan, Sharpton raises alarms about the potential disproportionate impact of this dominance on Black Americans, including Black
EvenBet, a leading provider in the online gaming industry, has recently become a valued addition to Slotegrator’s partner network, showcasing a commitment to delivering top-tier poker and casino games for seamless integration. A legacy of excellence: Established in 2001, EvenBet boasts over two decades of professional expertise in the gaming sector. With a strong focus on online
BetMGM, a premier player in the world of sports betting and iGaming, is making waves with two groundbreaking announcements. In collaboration with PlayAGS, Inc., BetMGM unveils the highly anticipated Rakin’ Bacon Odyssey to the eager gaming community of Michigan. Exclusively available on BetMGM’s online platform and at MGM Grand Detroit, Rakin’ Bacon Odyssey promises an
Star Entertainment revealed on Monday that a consortium led by Hard Rock Hotels & Casinos, based in Florida, is contemplating a bid for the financially troubled Australian company, causing its shares to soar by 20%. The potential acquisition by Hard Rock could provide a critical financial boost to Star, which has been struggling with a
Welcome to the mystical realm of Dwarf and Dragons, crafted by the renowned developer, Pragmatic Play. Embark on an exhilarating adventure where ancient legends come to life, and every spin holds the promise of unearthly treasures. In this immersive slot experience, players are transported to a world where magic and mystery intertwine, setting the stage for
A significant change in the gaming tax rate is set to take place in the Netherlands as outlined in the recently published coalition agreement between the PVV, VVD, NSC, and BBB factions. The budgetary annex, released late at night on May 15, reveals that the gaming tax will be raised to 37.8%. This adjustment is
In a strategic move within the gaming sector, Gaming and Leisure Properties (GLPI) announced the acquisition of the real estate assets of two South Dakota casinos and one Nevada casino for a total of $105 million. The acquired properties include the Silverado Franklin Hotel & Gaming Complex and the Deadwood Mountain Grand Casino in Deadwood,
Celebrated game developer Wazdan ventures into the vibrant Filipino market through a strategic partnership with SG8, a prominent operator renowned for its diverse offerings. A total of 46 Wazdan titles, including popular games like 9 Burning Dragons and 9 Burning Stars, will now be accessible to players across the Philippines, amplifying the gaming experience in the region. Leader
The world of online casino gaming has seen radical changes over the past few years. With the introduction of improved technology, punters have been able to experience online casino gaming like never before. Technology has managed to enter almost every industry and make positive changes that have given users more freedom and engagement, regardless of
The Ontario Superior Court of Justice has rendered a verdict dismissing the Mohawk Council of Kahnawà:ke’s (MCK) legal challenge against the Ontario government’s authorization of online gaming in the province. This decision marks a significant milestone in the ongoing debate over the regulation of online gambling in Ontario. Ontario’s regulatory framework: In Ontario, iGaming Ontario (iGO) collaborates
In a significant development for the sports betting industry, DraftKings announced the acquisition of Sports IQ Analytics, a Vancouver-based company specializing in advanced AI and machine learning for sports betting odds, marking a pivotal moment for both entities. With this acquisition, DraftKings reinforces its commitment to strategic growth and innovation, positioning itself as a formidable
Mohegan, the US-based gaming operator that has recently launched its Incheon Mohegan INSPIRE integrated resort in South Korea, has announced a historic milestone with its highest quarterly net revenue to date, totaling $461.73 million, marking a significant increase of 13.8 percent compared to the previous year. The company’s success can be attributed in part to
NetEnt, the experienced supplier of games for online casinos, has further expanded its portfolio with the launch of Jungle Spirit Megaways™, a captivating slot game that brings the majestic beauty of the jungle to life. In this six-reel extravaganza powered by the innovative Megaways™ mechanic from Big Time Gaming, players are transported to a world
Genting Singapore, a prominent player in the integrated resort industry, has unveiled its stellar performance for the first quarter of 2024. Boasting revenue of SG$784.4 million ($580 million) and adjusted EBITDA of SG$369.5 million ($273 million), the company has showcased an impressive growth trajectory. These figures represent a substantial increase of 62% in revenue and
Chip, the beloved sloth, returns for another thrilling escapade in Epic Dreams, the latest collaboration between Relax Gaming and CasinoDaddy. Building on the success of their previous venture, Sloth Tumble, this new release promises elevated features and an immersive gaming experience. An elevated adventure: In Epic Dreams, players embark on a woodland adventure alongside Chip,
Live88, a pioneering new live casino supplier, has announced its entry on the market, introducing a customizable offering across various live table games, aiming to redefine player experiences. The company which operates Live88 is licensed and regulated by the Malta Gaming Authority and it is also licensed and regulated by the Isle of Man Gambling
According to a comprehensive report from the United States Institute of Peace (USIP), China’s stringent laws against gambling, both offline and online, have inadvertently driven organized crime groups into Southeast Asia. This movement allows them to exploit the region’s thriving gambling market while maintaining a safe distance from Chinese law enforcement. Exploiting regulatory gaps: The
EveryMatrix has soared to new heights in the first quarter of 2024, surpassing previous records and solidifying its position as a powerhouse in the iGaming technology sector. The company’s impressive financial performance, coupled with groundbreaking achievements and strategic expansions, underscores its commitment to innovation and excellence. Starting the year strong: As the fiscal year commenced, EveryMatrix
The New York State Gaming Commission revealed on Friday that the state’s sports betting handle for April came close to hitting $2 billion, landing at approximately $1.97 billion, marking the fourth time in history it narrowly missed this milestone. The April figures received a boost from revenue collected during the final week of March, which
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