The Australian Transaction Reports and Analysis Center (AUSTRAC), Australia’s anti-money laundering and counter-terrorism financing regulator, has started an inquiry into Bet365, an online gambling firm based in the UK. The reason for the investigation is potential violations of counter-terrorism financing (CTF) and anti-money laundering (AML) laws by Bet365. Previous audit as reason for ongoing investigation:
Casino News
One of the biggest concessionaires in Macau, SJM Holdings, released a revenue report and it seems things are looking better for the city. Thanks to a significant increase in gaming revenue, in a year ending with December 31, 2023, the loss was HK$2.01 billion, or US$257 million, while in 2022 the loss was HK$7.80 billion,
SkillOnNet-owned Winlandia, continues its international expansion to bring a unique iGaming experience to Nordic region. Following its recent market entry in Sweden, the ambitious online casino now launches operations in Denmark for the very first time to offer lucrative rewards to the local player community. International Expansion: According to the source, the company will be
CasinoAlpha has built a collection of online casinos regulated by authorized organizations such as the UK Gambling Commission, Malta Gaming Authority, and the Irish Revenue Commissioners, who also issue the Irish Betting License. Casino Alpha’s permanent contributors analyze and assess their products and the possibilities they may offer. The global expansion of Casino Alpha marks
Games Global, a leading provider of unique and innovative iGaming content, continues to boost its in-demand portfolio with stunning titles coming from the provider’s exclusive game development studio Just For The Win. This time, the global net of Global Games’ partner operators will have a chance to include the provider’s exciting new release in their
Fueled by Lunar New Year’s Golden Week, gross gaming revenue in Macau during February this year reached MOP$18.5 billion, which is roughly US$2.3 billion. Increased gaming income: Macau managed to record 1.36m tourist arrivals throughout the 2024 Chinese New Year Golden Week, while the average hotel occupancy rate was 95.2% and the average number of
The Potawatomi Casino Hotel, which is owned and operated by the Forest County Potawatomi Tribe, has scheduled a date for the grand opening for its poker room and retail betting shop. The fresh amenities, which should officially open on May 3rd, will represent the final realization of the casino redevelopment project worth $190m. Description of
Stakelogic Live, a leading content provider, joins forces with one of the most popular online casino and sports betting operators in Belgium, betFIRST. Strengthening the Belgium presence: The partnership between Stakelogic Live and Betsson’s subsidiary betFIRST marks a significant milestone for the company. Stakelogic Live is already popular in the Belgium market, but the deal
R Franco Digital, the content provision vertical of Spanish gambling corporation R. Franco Group, has entered a partnership with a worldwide present gaming distribution platform Games Global. Under the B2B partnership, the Spanish company will be able to extend its reach to global casino operators and offer a broad selection of games, according to a
The Mohegan Tribe will officially step down from its management role at Atlantic City’s Resorts casino at the conclusion of 2024, both sides revealed on February 26. End of deal: This step will end the contract that the Mohegan Gaming Advisors, the gambling arm of the aforementioned tribe, offiically entered into with Resorts back in
Recently, New York State Supreme Court Justice Sarika Kapoor, the very same judge who formerly invalidated lease of the Las Vegas Sands (LVS) with Nassau County last November, decided that LVS doesn’t have a legally acceptable lease to manage the Nassau Coliseum and the ground surrounding it. Additionally, this ruling poses another problem for the
ELK Studio is preparing for this spring with the new smashing hit called Buggin’, which features small bugs and their everyday life during the warm period of the year. This humorous spring adventure invites you to take a breath, relax, and enjoy nature and the little things in life! Colorful visual: In this exquisite slot,
Print Studio, a popular casino game studio highly regarded for its carefully crafted games with exciting themes, has released a new slot game, Tarasque. Thrilling gameplay and amazing win potential: The new title leads players to Tarragon, a mysterious town that is about to celebrate the holiday of St. Martha. But once the festivities begin,
The announced ownership transformation of the Tigre de Cristal integrated resort near Vladivostok in Russia has come to a halt. As reported, the Russian company Dalnevostochnyj Aktiv LLC has withdrawn from the $116 million acquisition deal with termination notice given to Summit Ascent, the company currently controlling the resort. Termination Notice: As reported by Inside
Michigan released its January revenue report, and according to it, the total revenue generated from online casinos operated by commercial and tribal operators was $229.6 million. The figures are related to gross receipts obtained from online gaming and sports betting. iGaming to hit records, sports betting decreased: Compared to December 2023, a decrease of 5.4%
In Norway, the realm of online casinos operates within a grey area of legality, presenting both restrictions and opportunities for players. Governed by laws such as the Gaming Scheme Act of 18 March 2022 no. 12 and the Gaming Scheme Regulation of 17 November 2022 no. 1978, the provision, marketing, or distribution of gambling activities
One of the most popular iGaming publishers in the global market, Yggdrasil, joined forces with Boomerang Games to deliver an exceptional new title Skylantis 2 Wild Fight. Adventure in the clouds: This magical adventure which takes the players to the skies is placed across 5×4 reels. The powerful heroes await in the clouds, and the
One of the leading software developers in the market, Swintt, partners with the renowned Light & Wonder to strengthen its position in the global market by offering its thrilling slot releases across various key markets all over the world. A range of popular titles: Swintt is famous for its unique releases such as Electric Elements
The Macau SAR Government reported significant growth when it came to gaming tax revenue generated in January 2024. The city earned MOP$7.34 billion, or US$911 million in January, which is 365% more than it had in January 2023. The industry is recovering: As the Financial Services Bureau (DSF) reported back then, the tax revenue in
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
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