Casino
June 24, 2022
Tipwin and Mybet Got Licenses for Online Slot Machines
On June 23, Tipwin and Mybet obtained licenses in Germany for slot machine games, becoming the second and third-biggest gambling company in the whole country that offers such games online. Online Poker and Slot Games Legal in Germany since July 2021 The new license has allowed renowned sports betting operator Tipwin to offer slot games […]
Industry
June 24, 2022
Survey Shows Gamblers Much Vulnerable to Cost-Of-Living Crisis
A new survey commissioned by GamCare, the UK Charity that operates the National Gambling Helpline, has revealed that the cost-of-living crisis has made a serious impact on gamblers and has also forced people with gambling issues, that were on their way to recovery, relapse, and return to gambling. 61% of Gamblers Worry about Their Finances […]
Casino
June 24, 2022
$80K Past-Posted Wagers Fine Accepted by Station Casinos
Station Casinos was fined $80,000 in “nuisance value” over accepting north of 300 past-posted wagers. However, there is still some way for Station to go as internal changes are still pending. Station Casinos Fined $80K Station Casinos – the operating subsidiary of Red Rock Resorts – had a complaint filed against it back in September […]
Industry
June 24, 2022
Fanatics Plans Tipico Acquisition, a Report Claims
The leading sports apparel company, Fanatics, may be planning to acquire Tipico, the sports betting company, a new report reveals. Sports Apparel Company Fanatics Reportedly in Talks to Acquire Tipico Fanatics hasn’t officially confirmed details regarding the possible acquisition. However, a report recently released by CNBC cited two sources close to the matter. According to […]
Casino
June 24, 2022
Legends Bay Casino Gets Nevada’s Approval to Launch
The Nevada Gaming Commission has voted and approved Legends Bay Casino in Sparks, which comes after 15 years of toing-and-froing between authorities and the properties, and not least some economic challenges. The approval was welcomed by the owners who now expect the Legends Bay Casino, located in the Sparks Marina casino project, to become a […]
Industry
June 23, 2022
Credit Suisse: Macau Recovery Slower than Previously Estimated
Macau, the former global gambling Mecca, is facing a slow recovery if projections from Credit Suisse are to become true: the investment bank estimates gross gaming revenue in 2024 will only reach 80% of the 2019 level. Mass GGR Recovery Slower than Anticipated Credit Suisse released the forecast in a note Wednesday, stating that the […]
Industry
June 23, 2022
Jackpot Completes $35M Funding Round, Eyes US Expansion
The lottery business in the United States is valued at $100 billion annually and it is mostly cash-based. But one company is looking to change that and enable customers to purchase official lottery tickets online in multiple states. This company is called Jackpot, an online lottery ticket app and platform, that recently closed a $35 […]
Legal
June 23, 2022
Tipwin Gets Three-Month Deadline to Fix Money Laundering Violations
Denmark’s gaming regulator Spillemyndigheden has filed a police report against German operator Tipwin for failing to manage the risk of money laundering and breaching a few sections of the Anti-Money Laundering Act. What Rules Did Tipwin Disobey? Gaming companies that are getting ready to sell their retail bets need to prepare a risk assessment. Tipwin […]
Casino
June 23, 2022
Kyrgyzstan Passes Land and Online Casino Bill for Foreigners
With 59 votes in favor and seven against, the much-anticipated bill on gambling in Kyrgyzstan has been finally passed. While only covering the needs of foreign players at the moment, the new legislation marks a historical decision and gives hope to players in the country that banned gambling in 2012 and 2015. The Bill Passed […]
Casino
June 23, 2022
HRI and GEK Terna Group to Realize Hotel & Casino Athens
Hard Rock International and GEK TERNA Group have teamed up and confirmed that they will be developing the highly-anticipated Hard Rock Hotel & Casino Athens, a project that faced stiff opposition legally and that is now going to finally be released in 2026. With the two firms signing their partnership on Wednesday, they feel strongly […]
