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 […]
Online Casino News
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 Regulatory Overhaul and Technological Leap The Gaming Control Board has repealed 13 regulations, […]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 […]
Dutch Gambling Regulator Bolsters Player Safeguards, Industry Applauds Move
The Netherlands’ gambling landscape is undergoing a significant transformation as the Kansspelautoriteit (KSA), the country’s gaming authority, ramps up efforts to protect players. In a move welcomed by the online gambling sector, the KSA has launched a specialized unit called Duty of Care Online, aimed at intensifying scrutiny of online operators’ responsible gaming practices. This […]
EGBA Report Shows Surge in Safer Gambling Tool Usage Amid Market Concerns
The European Gaming and Betting Association (EGBA) has released its Sustainability Report for 2024, revealing both progress in responsible gambling measures and growing concerns about the illegal online gambling market in Europe. The report, which tracks yearly progress and promotes transparency in the industry, highlights significant advancements in player protection alongside calls for regulatory action. […]
The Mirage’s Grand Finale: A $1.6 Million Parting Gift Before Las Vegas Icon Closes
Las Vegas, July 17, 2024 – As the curtain falls on The Mirage Hotel & Casino, a staple of Las Vegas luxury and entertainment since 1989, it’s going out with a bang—or rather, a $1.6 million giveaway. The iconic resort, set to make room for a new vision of the Strip, bids farewell with a […]
Ohio Lawmakers Propose Mobile Lottery and Casino Platforms to Boost State Revenues
In an ambitious move to modernize Ohio’s gambling industry, a faction of Republican lawmakers, including prominent figures such as House Finance Chairman Jay Edwards and Representatives Jeff LaRe and Cindy Abrams, has proposed the introduction of mobile lottery and casino games. This initiative aims to adapt Ohio’s gambling operations to the evolving digital landscape, mirroring […]
