In a twist that would make any casino owner sit up and take notice, Lithuania’s gambling market has hit the jackpot in the first half of 2024. The country’s Gaming Control Authority has just released a report that reads like a high-stakes drama, complete with winners, losers, and a €116 million plot twist. The House […]
Online Casino News
Indonesia Intensifies Crackdown on Online Gambling Through Payment Service Regulations
Indonesia’s government, under the guidance of the Ministry of Communications and Informatics, is taking decisive steps to tackle the issue of online gambling by focusing on the role of digital payment platforms. Minister Budi Arie Setiadi has been at the forefront of this initiative, emphasizing the urgency of ensuring these platforms do not become conduits […]
First Balloon Takes Flight: PopOK Gaming’s Exciting New Crash Game
Prepare to be lifted to new heights with PopOK Gaming’s latest addition to their crash game lineup, First Balloon. This thrilling new game combines the suspense of real-time betting with the serene visuals of a hot-air balloon journey, offering players a unique and immersive gaming experience. How to Play First Balloon In First Balloon, players […]
Prospects of New Zealand’s Regulated iCasino Market by 2026
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 […]
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 […]