As of now, gambling activities in New Zealand generate nearly NZ$1 billion annually. However, the government’s projection for the regulated online casino sector is more conservative, expecting it to be worth around $500 million when it officially launches in 2026. Government Initiatives and Regulation Plans The New Zealand government has outlined a plan to regulate […]
Online Casino News
Analysis of the Evolution Georgia Strike and Potential Layoffs
Background and Current Developments The ongoing labor dispute at Evolution’s live casino studio in Tbilisi has escalated with the company now threatening layoffs. The strike, which began on July 12th, was triggered by allegations from Evolution employees of “unsafe and unsanitary workplace conditions, harassment by managers, and meager pay.” Despite initial claims from Evolution that […]
Play’n GO Expands to South Africa with Betway Partnership
Play’n GO, a leading name in the casino-entertainment industry, has recently announced its entry into the South African market through a strategic collaboration with Betway, one of the country’s top betting brands. This partnership marks a significant milestone for Play’n GO, allowing Betway South Africa to offer an exclusive range of Play’n GO’s most popular […]
U.S. Senators Advocate for Prohibition of Election Betting
A coalition of Democratic U.S. Senators, spearheaded by Senator Jeff Merkley of Oregon, is intensifying efforts to outlaw betting on U.S. political outcomes. Joined by Senators Richard Blumenthal, Chris Van Hollen, Elizabeth Warren, and Sheldon Whitehouse, along with Representatives Eleanor Holmes Norton, Jamie Raskin, and John Sarbanes, they’ve made a renewed plea to the Commodity […]
Gaming Industry Faces Stock Market Turmoil
Major Indices Plunge The gaming industry experienced significant turbulence on Monday, as stock market declines impacted its performance. The Dow Jones Industrial Average plummeted by over 1,000 points, marking its steepest drop since 2022. This represented a 2.6 percent decrease for the Dow, while the Nasdaq Composite saw a sharper fall of 3.4 percent, losing […]
Apollo Global Management Reshapes Gaming Landscape with Mega Acquisition
In a move that has sent ripples through the gaming industry, private equity giant Apollo Global Management has announced a sweeping $6.3 billion acquisition of two major players: International Game Technology (IGT) and Everi Holdings. This bold maneuver, revealed on July 28, 2024, marks a significant shift in the sector’s dynamics and underscores Apollo’s growing […]
New Zealand’s Bold Gamble: Reshaping the Online Casino Landscape
New Zealand is rolling the dice on a revolutionary approach to online casinos in a daring move that’s sent shockwaves through the gambling world. Brooke van Velden, the country’s Minister of Internal Affairs, has unveiled a groundbreaking framework that promises to transform the digital gambling scene by 2026. But is this a jackpot for the […]
Nevada’s Gaming Renaissance: Regulatory Innovation Fuels Record-Breaking Revenue
The Nevada Gaming Control Board, under the leadership of Chairman Kirk Hendrick and Senior Policy Counsel Sebastian Ross, is at the forefront of this transformation, setting the stage for a new era of growth and innovation in the Silver State’s cornerstone industry. Regulatory Overhaul and Technological Leap The Gaming Control Board has repealed 13 regulations, […]
Philippines Bans Offshore Gaming Operators: A Step Towards Crime Prevention
Government Announces Ban on Offshore Gaming Operators In a significant move, the Philippines has decided to ban offshore gaming operators, a sector primarily serving Chinese gamblers. This industry has raised substantial concerns among law enforcement agencies due to its alleged connections to organized crime. The Rise and Fall of POGOs Philippine Offshore Gaming Operators (POGOs) […]
Evolution’s Grand Unveiling: Lightning Storm & Other Innovations
Exclusive Launch in Ontario Evolution Gaming has announced its “biggest launch ever” with the debut of Lightning Storm, exclusively released with BetMGM in Ontario. CEO Martin Carlesund praised the game as “some of our best work yet,” highlighting its unique setting in a dark, mad scientist’s laboratory-themed studio. Lightning Storm features a spinning money wheel […]
