Business
August 26, 2022
Paradise Entertainment Sees Casino Management System Revenue Decline
Paradise Entertainment continued to struggle during the second quarter of the year with Q2 2022 results once again suppressed by the lingering impact of the COVID-19 pandemic, subsequent shutdowns of properties, and reduction of operational capacity. The turbulent quarter in Macau, led to the group’s loss increasing to $12 million (HK97 million), up three times […]
Industry
August 26, 2022
SkyCity Entertainment’s FY 2022 Revenue Dropped by 32.9%
New Zealand casino operator SkyCity Entertainment Group released today its financial results for the fiscal year 2022 revealing the impact of the near three-month-long closure of its flagship Auckland property. Revenue Decrease Attributed to Property Closures For the 12 months ended June 30, 2022, SkyCity Entertainment Group generated NZ$639 million ($397 million) in revenue to […]
Industry
August 26, 2022
Nevada Players Leave $22m in Unclaimed Vouchers in FY22
Casino players in Nevada left $22 million in unclaimed cashout tickets in the fiscal year that ended June 30, 2022, to expire, according to official data from the Nevada Gaming Control Board (NGCB). Reluctant to Cash out Cents The data released by the NGCB showing that both the State of Nevada and casino operators make […]
Casino
August 25, 2022
Century Casinos to Acquire Rocky Gap Casino Resort
Nasdaq Capital Market-listed casino entertainment company Century Casinos has announced it has entered a “definitive agreement” for the acquisition of Rocky Gap Casino Resort’s operations. The casino operations will be acquired from Lakes Maryland Development for a purchase price of approximately $56 million with adjustments. The company that manages numerous racetracks, award-winning casinos, hotels, horse […]
Casino
August 25, 2022
Star Entertainment Covered Up Chinese Transactions Worth $55M
The Star Entertainment’s troubles still persist as the public hearing into the group’s casino operations continues. It has been revealed that the group hid away $55 million wagered by Chinese residents through banned transactions from a Chinese bank. Star Entertainment Changed Payment Policy in 2016 to Allow Banned Chinese Transactions The Canberra Times reported that […]
Casino
August 25, 2022
GiG Embarks on Casino Partnership with Luckiest.com
Gaming Innovation Group has signed a partnership agreement with Luckiest.com, an online casino. Luckiest.com is developing a new casino concept that it hopes to roll out in markets covered by the Alderney Gambling Control Commission. Luckiest is currently attempting to secure the license from the regulator. Much Potential with New Casino Concept Luckiest will further […]
Business
August 25, 2022
Rivalry Corp. Releases Q2 Report, Shows Record-Breaking Growth
Rivalry Corp., a globally renowned sports betting operator, has released its Q2 report, which states that the company’s betting handle reached C$38.4 million ($29.7 million). This represents a 98% YoY increase. Record revenue of C$5.3 million ($4.1million) or a 60% YoY increase, was also a huge milestone in the quarter. The Revenue Growth Was Completely […]
Business
August 25, 2022
AstroPay Launches VIP Program, Clients From All Around the World Can Join
AstroPay has announced its VIP Program which will provide its customers with a variety of benefits. These benefits include dedicated support, sky-high limits, unique promotions, and several other rewards. Users from all around the world will be eligible to be part of the VIP program, but they will have to meet certain requirements. The VIP […]
Legal
August 25, 2022
Malta Gaming Authority Cancels DGV Entertainment’s License
The Malta Gaming Authority (MGA), which is the gambling industry regulatory body in the region, announced it canceled DGV Entertainment Group Limited’s license. Gambling Regulator in Malta Cancels DGV’s License The enforcement action comes after the MGA uncovered multiple breaches of the rules by DGV Entertainment. Consequently, on August 4, 2022, the Authority gave notice […]
Slots
August 25, 2022
Play’n Go Welcomes Back Benny in “Bull in a Rodeo”
Play’n GO has brought an all-time favorite character back with Benny the Bull now making his long-anticipated return in Bull in a Rodeo. After winning players’ hearts and minds in Bully in a China Shop, Play’n GO’s lovable character is upon us. He’s once again in a bit of a pickle as he tries to […]
