Gambling News - 'Casino'
Casino
February 7, 2023
Jelly Entertainment Secures Licensing for Megaways Feature
The company is happy to tap into the Megaways feature which will be introduced and incorporated into its own game development processes and allow Jelly to further enhance its slot offer. Revelling in the Megaways Experience with Jelly Entertainment Megaways games are patented by Big Time Gaming which has been patenting it to third parties […]
Industry
February 7, 2023
Betfred Enters Nevada Market with Mohegan Sun Sportsbook
This marks the company’s first move into the Nevada sports betting market. Betfred’s New Sportsbook Opens Doors on February 9 The new sportsbook, located inside the Virgin Hotels Las Vegas, part of Curio Collection by Hilton, will open its doors on Thursday, February 9. Betfred was given the green light to manage sports betting at […]
Casino
February 7, 2023
Cambodia Asks Gambling Businesses to Pay Due Taxes
Both the GDT and MEF have warned non-complying businesses about inroads with the law and the potential legal course the government may follow should tax obligations are not fulfilled. Finance Minister Aun Pornmoniroth assured that there will be no fines or penalties on commercial gambling businesses that file tax returns and pay taxes voluntarily, and […]
Casino
February 7, 2023
Junket Operators Impacted by New 5% Commission Tax
Besides the standard 35% tax on gross gaming revenue, casino operators in Macau, under the new rules, are due to pay an additional 5% floor “rent” fee. In addition to the casino operators, the new rules affected the once-profitable junket operators as well. Per the new regulation, the junkets are due to pay a 5% […]
Industry
February 7, 2023
India Cracks Down on Gambling, Betting and Loan Services Apps
Presently, the government intends to block more than 200 apps, 138 of which offer betting and gambling products, with another 94 said to be offering loan services to consumers. None of those companies has the necessary license to do so, and many are not registered as companies, to begin with. India is effectively stepping up […]
Casino
February 6, 2023
PlayAGS to Deliver High-Performing Slots for DraftKings
Supplier of online casino content PlayAGS announced another game content partnership with a high-profile US gaming operator, DraftKings, to continue to expand its presence in the North American iGaming market. Turbocharge DraftKings Casino’s Operations The new content deal with Boston-based DraftKings will see PlayAGS deliver a portfolio of over 20 proprietary slot titles to help […]
Business
February 6, 2023
Light & Wonder Introduces Pioneering Wonder 500 Solution
Light & Wonder’s in-house crew has developed the innovative product for operators in the UK looking for a market-focused suite of fresh content that is created with players in mind. Wonder 500 to Answer Operators’ Requirements The leader in cross-platform games and entertainment currently uses advanced technology and distribution solutions, enhanced creativity, and excellent teamwork […]
Business
February 6, 2023
FunFair Games Presents New Logo and Branding amid Growth Plans
The innovative online gaming studio with a vision to shake up the traditional iGaming industry has presented its fresh rebranding ideas as a means of upgrading its brand identity, personality, and vision. At the same time, with the help of its new logo and branding elements, FunFair Games hopes to get closer to its declared […]
Legal
February 6, 2023
Court Orders Ex-tribal Leader to Pay Restitution over Bribery
On Thursday, the US Attorney’s Office, District of Massachusetts, ordered Cedric Cromwell, who used to hold the position of a chair of the Mashpee Wampanoags, a Native American tribe, was ordered to pay restitution of $209,687.54 to the Tribe. The latest announcement reveals that while Cromwell was a part of the leadership of the Tribe, […]
Business
February 6, 2023
Better Collective Expects Strong Fourth Quarter and 2022 Results
Leading developer of educational platforms for the iGaming industry Better Collective, released its unaudited results for the fourth quarter and 2022, reporting strong growth in revenue. The company reported €269.3 million ($290 million) in revenue for 2022. This result marked 52% year-over-year growth and according to the company, 34% of it was organic. Moreover, Better […]