The Finnish Ministry of the Interior has introduced a draft government proposal to reform the country’s gambling system. This proposal, which aligns with the Government Programme, aims to dismantle Veikkaus Oy’s current monopoly on betting and online casino games and open these markets to competition through a licensing model. The consultation period for this draft
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Macau’s casino revenue amounted to MOP17.69 billion (£1.74 billion/€2.04 billion/$2.21 billion) in June 2024, marking the lowest monthly total since November 2023. This figure represents a 16.4% increase from MOP15.21 billion in June 2023, 14.1% lower than the MOP20.19 billion reported in May 2024. June’s Performance Analysis June’s revenue drop comes after May 2024 reported the
In a significant move to bolster the integrity of sports betting, the General Directorate for the Regulation of Gambling in Spain has mandated that all licensed gaming operators involved in horseracing or sports betting must join the Global Betting Market Investigation Service (SIGMA). Effective from 28 June 2024, this new requirement is designed to prevent
Endorphina is thrilled to announce a strategic partnership with Scommettendo, a leading iGaming company ranked among the top 15 operators in the Italian market. This collaboration aims to leverage our combined expertise and shared goals to enhance entertainment and provide a superior gaming experience for iGaming enthusiasts. Expanding Horizons with Scommettendo Throughout 2024, Endorphina has
Fantasma Games, known for its “slots beyond gambling,” is debuting in the Italian market through its distribution partner, Relax Gaming. This strategic entry will enable Fantasma Games to offer its entire portfolio of premium and innovative titles to operators and players in Italy for the first time. Expanding Presence in Europe Since its inception in
Great news for the online gambling business as the Ontario regulated iGaming market has processed $63 billion in bets in its second year, leaving Canadian platforms like the ones found on Zamsino thriving. To shed more light on this development and what it means in the industry we talked to Erik King, an iGaming specialist and a
On Thursday, June 27, the Michigan Legislature finalized an agreement on the state’s Fiscal Year 2025 budget, earmarking $1.9 million to support the addition of 14 full-time equivalent (FTE) staff positions at the Michigan Gaming Control Board (MGCB). These new positions are crucial for expanding the MGCB’s regulatory capacity, particularly in internet gaming and sports
OKTO is excited to announce the expansion of its groundbreaking real-time cash-to-digital closed-loop payment service, OKTO.CASH, into the Indian market. This strategic move represents a significant step in OKTO’s mission to revolutionize payment experiences for both merchants and consumers around the globe. Transforming Payment Experiences in India With the launch of OKTO.CASH in India, online
Indonesia has taken decisive steps to curb online gambling activities by targeting internet lines connected to the Philippines and Cambodia. This move, initiated by the nation’s Communications and Informatics Ministry, aims to sever access to networks allegedly facilitating illegal online gaming within Indonesia. Under directives issued on June 21st, Indonesia’s NAP (Network Access Point) service
Pragmatic Play, a leading content supplier to the iGaming industry, has expanded its reach in the Spanish market through a strategic partnership with KirolBet. This collaboration marks a significant step for Pragmatic Play as it brings its premium slots and live casino offerings to one of Spain’s prominent online casino platforms. Through this partnership, KirolBet
Brazil’s Justice and Citizenship Commission (CCJ) has taken a significant step by approving a bill that legalizes casinos, bingo, jogo de bicho, and horserace betting. The bill, known as PL 2,234/2022, passed with 14 votes in favor and 12 against on June 19. Having been under consideration since 2022, it now advances to the Senate
Ontario has 53 licensed gaming platform operators, each vying for a share of the lucrative CA$2.4 billion (US$1.7 billion) market, as reported by iGaming Ontario’s revenue figures for this fiscal year. In a recent analysis, EKG predicted that a fully regulated Canadian market, excluding gray market participants, could reach a value of $9.2 billion, with
IdPair, Inc., a leading provider of safer gambling technology, is gearing up to introduce free self-exclusion assistance across Colorado, Iowa, Michigan, and Tennessee starting this August. This initiative marks the inaugural phase of the National Voluntary Self-Exclusion Program (NVSEP), aimed at streamlining access to self-exclusion services for individuals across multiple jurisdictions. Free Remote Notary Services
Gambling has existed in some form for thousands of years, providing players with the excitement of taking risks for potential rewards. With so much time to develop, it’s no surprise that the gambling landscape has changed dramatically over time. Today, we have the luxury of choosing from traditional gambling at brick-and-mortar casinos and online gambling,
As summer heats up, so does the collaboration between Hacksaw Gaming and Newgioco, signaling an exciting new chapter in the Italian iGaming landscape. This partnership introduces some of Hacksaw Gaming’s most popular and innovative titles to Newgioco’s platform, promising players an exhilarating and fresh gaming experience. A Promising Partnership Newgioco, a leading leisure betting technology
In his recent column, Tom Waterhouse from Waterhouse VC delves into the burgeoning opportunity of crypto wagering and how operators can distinguish themselves in an intensely competitive landscape. Waterhouse underscores the quote by Steve Jobs, stating, “Innovation is the ability to see change as an opportunity, not a threat.” He highlights that the wagering industry
NetBet Italy è entusiasta di annunciare la sua nuova partnership con il rinomato fornitore di iGaming Playtech, una collaborazione che promette di portare una gamma di giochi di Live Dealer unici ai giocatori di tutta la regione. La reputazione di Playtech come azienda leader nel settore dell’iGaming è ben consolidata, con numerosi premi e nomination
A recent market report by Betsson, in collaboration with GambleID and Sports Handle, has unveiled intriguing insights into US sports betting habits. Released on June 12, the report found that 59% of bettors place daily bets, with 33% betting weekly. The study, which surveyed operators and known sports bettors, showed that the majority of participants
Playson, a renowned supplier in the iGaming industry, has significantly expanded its presence in Italy by partnering with Sportbet, a local operator based in Rome. This collaboration aims to enhance Sportbet’s online casino offerings with premium casino games. Playson’s popular Hold and Win titles, including Lion Gems, Coin Strike, and Energy Coins, are now available
FanDuel generated $4.9 million (£3.8 million/€4.5 million) in revenue during its first full month as the official sports wagering platform for the Washington DC Office of Lottery and Gaming (OLG). In May, the first complete month of its operation in Washington DC, FanDuel reported handling $29.7 million in bets. This figure represents a staggering 450.0%
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