News - Page 4

Illinois Eyes Nation's Second-Largest Sports Betting Tax: What It Means for the Industry
2024-05-29

Illinois Eyes Nation's Second-Largest Sports Betting Tax: What It Means for the Industry

Illinois is on the brink of introducing a groundbreaking sports betting tax model that could see rates soar to the nation's second-highest, trailing only behind New York. This progressive tax, slated to range from 20% to a whopping 40%, marks a stark departure from the state's original 15% tax rate established in 2021. The proposal, embedded within an amendment to HB4951, has sent shockwaves through the industry, notably affecting market performance for giants like DraftKings and FanDuel.

This Week in Gambling: A Rollercoaster of Regulations, Corporate Moves, and Insightful Interviews
2024-05-26

This Week in Gambling: A Rollercoaster of Regulations, Corporate Moves, and Insightful Interviews

The gambling and betting world is never short of drama or developments, and this week has been no exception. From the corridors of power in the United Kingdom to the vibrant markets of Latin America, changes are afoot that could reshape the landscape of the industry in profound ways. Let's dive into the whirlwind of events that have kept us on the edge of our seats.

Dystopia: Rebel Road: A New Era of Slot Gaming by Octoplay
2024-05-25

Dystopia: Rebel Road: A New Era of Slot Gaming by Octoplay

Dive into the latest gaming sensation that's shaking up the online casino scene—Dystopia: Rebel Road, unveiled by the gaming powerhouse, Octoplay. This isn't just another slot game; it's a gateway to a world where every spin is a battle for survival and supremacy. With its launch, Dystopia: Rebel Road is all set to redefine immersive gaming, blending innovative mechanics with an adrenaline-pumping theme.

EveryMatrix Bolsters Executive Team Amidst Skyrocketing Growth
2024-05-25

EveryMatrix Bolsters Executive Team Amidst Skyrocketing Growth

In the dynamic world of iGaming, EveryMatrix is making headlines with its strategic moves and record-setting growth across its various verticals. The company recently announced a significant enhancement to its executive suite, appointing Mihnea Dobre, a seasoned professional within the industry, as its Chief Technology Officer (CTO). This pivotal role, based out of Bucharest, Romania, is set to propel the company forward, aligning its technological prowess with its global ambitions.

Novibet Joins Forces with IBIA to Combat Sports Corruption Ahead of Brazilian Expansion
2024-05-24

Novibet Joins Forces with IBIA to Combat Sports Corruption Ahead of Brazilian Expansion

The International Betting and Integrity Association’s (IBIA) ranks have been fast swelling with new recruits keen to join the common cause of minimizing harm done to sports through match-fixing and corruption. Novibet has become the latest member of the association, ahead of the operator’s expected license in Brazil, which will significantly expand the brand’s geographical footprint, but also strengthen IBIA’s own capabilities to monitor the market in Latin America, and its most promising jurisdiction specifically.

Evolution's $75 Million Bet on Atlantic City: A Game-Changer for New Jersey's iGaming Scene
2024-05-24

Evolution's $75 Million Bet on Atlantic City: A Game-Changer for New Jersey's iGaming Scene

Evolution, a titan in the iGaming industry, has laid its cards on the table with a bold move that could significantly shuffle the deck for New Jersey's gambling sector. The Sweden-based company, renowned for its live dealer online casino table games, has filed plans with Atlantic City officials to construct a whopping $75 million campus. This strategic play isn't just about expanding its operational footprint; it's a testament to Evolution's commitment to cementing its position as the market leader in the United States' iGaming scene.

EveryMatrix Elevates Golden Nugget's Game in Michigan and New Jersey
2024-05-23

EveryMatrix Elevates Golden Nugget's Game in Michigan and New Jersey

EveryMatrix, a powerhouse in the iGaming world, has just dialed up its charm, partnering with Golden Nugget Online Gaming to shake things up in Michigan and New Jersey. This move isn't just about expanding territory; it's about enriching the gaming experience with a splash of innovation and a dash of excitement. Let's dive into what this means for players, the industry, and the art of the game.

WorldMatch Hits Milestone with Game Certification in the Philippines: A Leap Towards Global Expansion
2024-05-23

WorldMatch Hits Milestone with Game Certification in the Philippines: A Leap Towards Global Expansion

WorldMatch, a stalwart in the online casino games sector with a history that spans over two decades, has just announced a major achievement that underscores its commitment to global expansion and adherence to the highest regulatory standards. Earlier this week, the company made waves in the iGaming industry with the news that it had successfully secured certification for a selection of its games in the regulated gambling market of the Philippines.

SOFTSWISS Sportsbook Hits Jackpot in Q1 2024: A Deep Dive into Stellar Performance and Mobile Betting Surge
2024-05-22

SOFTSWISS Sportsbook Hits Jackpot in Q1 2024: A Deep Dive into Stellar Performance and Mobile Betting Surge

In the rapidly evolving landscape of online gambling, SOFTSWISS Sportsbook has emerged as a formidable player, setting new benchmarks in the first quarter of 2024. The latest results released by SOFTSWISS have been nothing short of spectacular, revealing a significant shift towards mobile betting and showcasing impressive growth metrics that underline the platform's booming popularity.

Amusnet and Tipsport Forge a Game-Changing Alliance in the Czech Republic
2024-05-22

Amusnet and Tipsport Forge a Game-Changing Alliance in the Czech Republic

In a move that's stirring up the online gaming scene, Amusnet, a trailblazer in game provision for iGaming platforms, has inked a pivotal content partnership with Tipsport, the Czech Republic's premier betting and gaming operator. This collaboration is set to turbocharge the gaming options for Czech aficionados, bringing a suite of Amusnet's celebrated titles right to their fingertips.

Hard Rock Clears the Air: No Plans to Acquire Star Entertainment Group
2024-05-21

Hard Rock Clears the Air: No Plans to Acquire Star Entertainment Group

In a world where casino giants are constantly on the lookout for expansion opportunities, rumors can swirl faster than a roulette wheel. Recently, Hard Rock International found itself at the center of such speculation, suggesting that it was eyeing an acquisition of Australia's Star Entertainment Group Limited. However, in a decisive move to set the record straight, Hard Rock has released an official statement debunking these claims, emphasizing its commitment to its brand integrity and distancing itself from unauthorized brand usage.

Navigating the Tightrope: France's Call for Enhanced Consumer Protection in Gambling
2024-05-21

Navigating the Tightrope: France's Call for Enhanced Consumer Protection in Gambling

In the lead-up to the UEFA Euro Championship, an event that garners significant attention from the betting community, France's gambling landscape is under the spotlight. The Médiateur des Jeux, in collaboration with the Autorité Nationale des Jeux (ANJ), the nation's gambling regulator, has issued a clarion call to operators. The essence? To bolster efforts in safeguarding consumers, a move underscored by the recommendations laid out by Honorary Magistrate Denys Millet of the Mediator.

Elevating the Game: The Canadian Gaming Summit's Deep Dive into Responsible Gambling
2024-05-21

Elevating the Game: The Canadian Gaming Summit's Deep Dive into Responsible Gambling

The Canadian Gaming Summit, set to unfold on Tuesday, June 18, at the Metro Toronto Convention Center, is generating buzz for its comprehensive approach to tackling some of the iGaming industry's most pressing issues. Hosted by SBC, the summit promises an in-depth exploration of cutting-edge technology, innovative marketing strategies, and gaming experiences, with a critical eye on player safety and responsible gambling.

Dwarf and Dragons: An Enthralling Adventure Awaits with Pragmatic Play
2024-05-19

Dwarf and Dragons: An Enthralling Adventure Awaits with Pragmatic Play

Pragmatic Play takes you on an epic journey through the mystical realm of Dwarf and Dragons, where ancient legends breathe life into every spin, and unimaginable treasures lie in wait for the bold. This slot experience doesn't just draw you into a mythical world; it immerses you in a saga where every decision could lead to fortune or folly.

Sportradar's Stellar First Quarter: A Deep Dive into Success and Future Strategies
2024-05-17

Sportradar's Stellar First Quarter: A Deep Dive into Success and Future Strategies

Sportradar, a titan in the sports data and betting technology realm, has just unwrapped its first-quarter results for the world to see, and it's nothing short of impressive. With a total revenue of €266m and an uptick in adjusted EBITDA, the company is not just riding the wave of success; it's creating a tsunami of its own in the sports betting industry. Let's dive into the nitty-gritty of Sportradar's Q1 achievements and what they spell out for the future.

SolutionsHub Elevates James O'Kelly to Head of Operations in Strategic Growth Move
2024-05-17

SolutionsHub Elevates James O'Kelly to Head of Operations in Strategic Growth Move

In a strategic move designed to bolster its future growth and operational excellence, SolutionsHub, a global leader in the maintenance and licensing of eGaming businesses, has announced a significant senior-level promotion from within its ranks. James O'Kelly, previously the Operations Manager and a key figure in the C-suite for over three years, has been appointed as the new Head of Operations.

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