Industry News and Headlines
Industry
May 12, 2022
Dubai Officials State That the Emirate Won’t Legalize Gambling
Dubai officials have stated that the city does not plan on legalizing gambling even though one of the neighboring emirates stated in January that it plans on welcoming Wynn Resorts. The Las Vegas-based operator is planning on entering the market in 2026 and gambling activities could be regulated for the first time. Dubai Would Be […]
Industry
May 12, 2022
Suncity Group Starts Unwinding Subsidiaries to Lenders
Troubled junket operator Suncity Group filed with the Hong Kong Stock Exchange (HKSE) Tuesday to inform the exchange that the company had reached an agreement to sell Goal Explore Investment Limited and Boshing Investments Limited Selling Indebted Businesses for Nominal Value Suncity Group, which recently had its junket license suspended by the Philippine Amusement and […]
Industry
May 12, 2022
Fox Sports Mexico to Educate the Public with Money Line Show
Fox Sports is shifting towards sports betting-oriented audiences in Mexico and announced the upcoming launch of its new sports betting program, Money Line Show. Engage with Sports Betting Audiences Money Line Show, a new program aimed at viewers with interest not only in sports but in sports wagering will be launched by Fox Sports Mexico […]
Industry
May 11, 2022
Q1 Results: US Gambling Prepares for a Record Year
The commercial gambling industry in the United States continues to move forward despite certain setbacks. As proof, the American Gaming Association (AGA) posted the revenue figures for the first quarter of the year. The AGA Reported Yet another Remarkable Quarter The Association shared that the total commercial gambling revenue for the first three months of […]
Industry
May 11, 2022
Parimatch Foundation Launches Communication Campaign for Ukraine Aid
At the end of February, sports betting operator Parimatch launched a UAH30 million ($1 million) support fund for Ukraine. The funds were aimed at providing food, medicine, and ammunition to the troubled nation. Since the beginning of the war, the Kyiv-founded company that became the leading tech business in the country received the support of […]
Industry
May 11, 2022
Raketech’s Q1 Results Maintain Its Momentum
Raketech, a leading gambling-oriented affiliate marketing and analytics company, has posted its results for the first three months of 2022. According to the figures, Raketech’s business is doing great, especially in the key US region. Raketech’s Revenues Continue to Grow Raketech’s results show that the company earned a total of $13.5 million during the first […]
Industry
May 11, 2022
Arkansas: Pope County Residents Support Casino Project, Poll
The casino expansion in Arkansas started back in 2018. Back then, during the November election ballot, residents of the state voted to approve casino gambling. Overall more than 60 counties voted in favor of commercial casino gambling, while 11 counties rejected the proposal. Pope County was among the counties that voted against the proposal. However, […]
Industry
May 11, 2022
Ebet’s Meets Q2 Revenue Targets and Posts Strong Results
Ebet, an esports-oriented betting tech provider formerly known as Esports Technologies, provided insights into its Q2 results of the current fiscal year. The company’s revenues went up drastically, driven by strategic acquisitions. Ebet’s Q2 Results Are Promising Ebet’s recent rebranding marked a new chapter for its business. The company kicked off 2022 with a 166% […]
Industry
May 11, 2022
Everi Holdings Revenues Skyrocketed in Q1 2022
Everi Holdings, a Nevada-based slot machine, and casino equipment provider, has reported a strong start to the year. The company’s revenues and adjusted EBITDA scored a new record as it continues to grow its quality. Everi Holdings Had a Strong Q1 2022 Everi provided a look at its financial results, showing that it earned over […]
Industry
May 11, 2022
Casino Guru Embarks on Global Self-Exclusion Initiative
Casino Guru has undertaken the ambitious task of tackling problem gambling and empowering players in a way that allows them to exclude from gambling, not just locally or on a national level, but globally. The company has released a blue paper outlining how a functioning Global Self-Exclusion System or GSES would work. GSES lays down […]