Industry
February 24, 2023
UKGC Reports 2% Drop in GGY and 8% Rise in Total Bets for Q3
The UK Gambling Commission’s (UKGC) fresh data showcases the way players’ overall gambling behavior has been influenced by the environmental changes taking place in Great Britain. The UKGC data has been carefully sourced and collected from important operators in the industry. However, the report is not a comprehensive one, which means the commission has not […]
Industry
February 24, 2023
New Solution from TransUnion Helps Promote Safer Gaming
TransUnion, a company that is global information and insights provider, confirmed the launch of a new leading solution catering to the gaming sector. The company said Thursday it introduced Open Banking for Gaming, a solution that leverages its market-leading categorization engine that was built with more than a billion transactions. Thanks to the new solution, […]
Business
February 24, 2023
Bally’s Enjoys Exceptional Results in 2022 and Growth for Q4
Details emerged as a part of a trading update released on Thursday which saw the company report fourth quarter revenue of $576.7 million. This result, when compared to the Q4 2021 result of $547.7 million, marked a strong increase of more than 5%. Adjusted EBITDA for the three months ended December 31, 2022, hit $145.8 […]
Business
February 24, 2023
RWLV Posts Strong Q4 Results, Hopes to Bolster Visitation
Resorts World Las Vegas, a casino and hospitality venue owned by Genting Berhad, has recorded record-breaking revenue for Q4 2022. Despite the favorable figures, experts believe that figures could have been even better if not for the various headwinds in 2022. As reported by Genting Berhad, the property saw revenue reach $227 million during the […]
Casino
February 24, 2023
Lady Luck Games Boosts Reach with Hub88
The Swedish developer of games and products for the online casino sector has confirmed that it would seek to bring its host of titles with the powerful Hub88 platform, enabling the former to quickly strike home with new operators and their players. Hub88 Hails Addition of Lady Luck Games Lady Luck Games is presently an […]
Casino
February 24, 2023
Pragmatic Donates €100,000 to Support Turkey-Syria Earthquake Relief Efforts
The donation was forwarded to the Turkey-Syria Earthquake Appeal by the Disasters Emergency Committee (DEC). Pragmatic hopes that the money can be used to undo some of the damage done by a 7.8-magnitude earthquake that hit the city of Gaziantep in Türkiye, leading to the collapse of roads, hospitals, residential buildings and more. Pragmatic Play […]
Casino
February 24, 2023
Mohegan Provides $120M to Its Inspire Project
The Mohegan Tribal Gaming Authority released an update on its in-development South Korean resort. Inspire Integrated Resort, which will see its parent company expand internationally, will receive further financial backing needed for its completion. As announced, on February 16 Mohegan executed an Equity Commitment Letter and agreed to make certain non-dilutive equity capital contributions to […]
Casino
February 24, 2023
SWAT Uses Closed Majestic Star Casino Hotel for Training Ground
The Majestic Star Casino Hotel was owned by Hard Rock International before it was shut down a few years ago. Then, the location was sold to a company that is focused on developing and enhancing property for trucks, trailers, buses and other large vehicles called Transport Properties. The company was planning to demolish the Majestic […]
Casino
February 24, 2023
Gambling Addicts in Switzerland Doubled between 2018-2021
Addiction Switzerland, an organization tasked with monitoring gambling and addiction levels, has been running annual surveys to help establish changes in the nation’s gambling behavior. In 2018, an estimated 25% of 1,395 people interviewed said that they would gamble online weekly. This number has since increased to 30% as of 2021, the organization said, with […]
Legal
February 23, 2023
Gibraltar Court Hands Out £5M Assets Freeze Order against Mansion Group’s Ex-CEO
The legal battle between Mansion Group, a leading online gambling operator that is globally recognized, and its former CEO, Karel Christian Mañasco, dates back to last year. Back then, the operator filed a claim against Mañasco with the courts in Gibraltar. In its claim, Mansion Group alleged that the former CEO abused his powers and […]
