ReportWire

Blog

  • Evolution partners with Caesars Digital in Pennsylvania, slated to launch ‘first person’ games later this year | Yogonet International

    Evolution partners with Caesars Digital in Pennsylvania, slated to launch ‘first person’ games later this year | Yogonet International

    [ad_1]

    Online casino solutions business Evolution has partnered with Caesars Digital in Pennsylvania. The partnership aims to deliver Evolution’s industry-wide live casino games to Tropicana Online Casino and Caesars Sportsbook & Casino in the Keystone State. The collaboration will additionally provide access to Evolution’s online slots from NetEnt and Red Tiger.

    The company notes that the live dealer games will be livestreamed from Evolution’s state-of-the-art studios. These games currently feature American and European Roulette, classic and Infinite Blackjack, Baccarat, Craps, Ultimate Texas Hold’em, and Three Card Poker.

    As part of this partnership, Evolution will also launch ‘first person’ games, which are premium 3D animated RNG (Random Number Generator) versions of Evolution’s live games, later this year.

    Jeff Millar, Chief Commercial Officer at Evolution, in a statement said: “We are delighted to be helping Caesars Digital expand their reach in Pennsylvania and to be part of this exciting journey. We have been working closely with Caesars for some time and we’re proud to be their live casino provider and to ensure they have the best games at their disposal for their players. We look forward to continuing this relationship and to seeing what new exciting developments come out of this latest expansion.”

    Matthew Sunderland, Senior Vice President of iGaming at Caesars Digital, said: “Our partnership with Evolution brings additional cutting-edge games to our platforms that we’re confident our Pennsylvania customers will enjoy. Their extensive array of live dealer and First Person offerings are at the forefront of the industry, giving our customers the opportunity to experience a live casino from the comfort of their home.”

    [ad_2]

    Source link

  • IGT to empower WestLotto with its Aurora system technology in five-year contract extension | Yogonet International

    IGT to empower WestLotto with its Aurora system technology in five-year contract extension | Yogonet International

    [ad_1]

    International Game Technology (IGT) announced Tuesday that its IGT Global Services subsidiary has signed a contract extension with Westdeutsche Lotterie, better known as WestLotto. Under the deal, IGT is set to deliver its Aurora system technology to the state-licensed operator, which is Germany’s largest lottery.

    “IGT has provided WestLotto with world-class lottery solutions for more than 20 years and is the trusted partner for us to provide the best possible player experiences and to drive growth responsibly for our business,” said Andreas Kötter, WestLotto Co-CEO.

    “We look forward to modernizing our central system further through the implementation of Aurora and the many benefits its modules will present to our Lottery.”

    The new agreement runs for five years, extending the current contract in place to at least 2031. The deal also comes with further contract extension options.

    “IGT’s global expertise and our extensive knowledge of the local lottery market complement each other perfectly,” said Christiane Jansen, WestLotto Co-CEO. “The partnership represents gaming of the future that is as innovative as it is secure and reputable.”

    As part of IGT’s OMNIA omnichannel solution for lotteries, Aurora was developed to drive lottery innovation and will offer “enhanced reliability for WestLotto’s high volume of transactions.” The product incorporates a suite of flexible solutions designed to manage, transform and further grow the Lottery’s business, says IGT.

    International Game Technology describes Aurora as providing intuitive, user-friendly applications, tools and reporting capabilities that will handle all of WestLotto’s transaction processing, game management and back-office operations.

    “As Germany’s largest lottery with over €1.7 billion in sales, WestLotto requires the sophistication, reliability and innovation that IGT’s Aurora central system delivers,” added Jay Gendron, IGT Chief Operating Officer, Global Lottery.

    “Our high-performing Aurora platform and its components will enable the Lottery to manage its business more efficiently, while providing premier player experiences and maximizing funds to good causes.”

    [ad_2]

    Source link

  • Fortune Coins Casino: unlocking your path to success with bonuses | Yogonet International

    Fortune Coins Casino: unlocking your path to success with bonuses | Yogonet International

    [ad_1]

    In the unpredictably ever-evolving landscape of online gambling, bonuses have actually become the key to unlocking the levels of both excitement and success that you could only dream of in the recent past. And, among the myriad of online casinos, Fortune Coins Casino stands out as nothing less than a beacon of opportunity.  

    This is mainly because there’s an array of enticing bonuses, all designed to propel you toward winning. Now, if you’re ready to elevate your gaming experience and discover the path to success, you should look no further than the Fortune Coins casino no deposit bonus and consider its endless benefits.

    So, let’s delve into the world of Fortune Coins Casino and explore how their diverse range of bonuses can become the stepping stones that can, with a little bit of luck, lead you to some extraordinary achievements. From generous welcome bonuses to exclusive VIP rewards, you’ll finally be able to harness the power of bonuses and then maximize your chances of winning the jackpot.

    And now, it’s time to combine all these bonuses with your luck and embark on an unforgettable journey of potential victories!

    Understanding the importance of bonuses

    Bonuses are solely responsible for making any betting experience exciting. And that really shouldn’t come as a surprise, they create the best opportunities for all players to reach new heights of success. So, you see, understanding the importance of bonuses is important if you want to try and maximize your chances of winning big.

    First and foremost, bonuses provide an additional layer of excitement. The thrill of receiving a bonus adds an element of surprise and tingling anticipation every time you play. It really doesn’t matter what the form of a bonus is; extra funds, free spins, or some other rewards, they are all, you will surely agree, more than welcome. After all, this heightens the sense of adventure and injects a burst of adrenaline into your gaming journey.

    Beyond the thrill, bonuses actually hold significant value when it comes to boosting your chances of winning. But how? Well, when you have access to bonus funds or free spins, you can explore a wider range of games and try your luck without risking your own hard-earned money. This allows you to experiment, discover new favorite games and develop your own winning strategies without any financial pressure at all.

    So, bonuses can be your safety net, they can cushion your bankroll and extend your playing time simultaneously. And, with the extra funds and spins you’ll find at Fortune Coins Casino, you’ll be able to prolong your sessions much more and increase your opportunities to hit that winning streak by a lot. Always keep in mind that bonuses give you the freedom to be more adventurous, push boundaries and seek out bigger and better rewards.

    The bonus landscape at Fortune Coins casino

    At Fortune Coins Casino, the bonus offerings are as vast and diverse as the opportunities they present, if not more. With a strong commitment to providing an exceptional gaming experience you won’t find anywhere else, Fortune Coins has crafted a bonus landscape that caters to all your preferences. So, let’s dive into the various types of bonuses offered and discover how they can contribute to your success.

    • Welcome bonuses – If you’re a new player, you’ll be greeted with open arms and a great welcome bonus package. These bonuses often come in the form of a deposit match, where the casino matches a percentage of your initial deposit. This means that you’ll boost your bankroll from the very beginning!
       

    • Free spins – Fortune Coins Casino understands the allure of spinning the reels, which is why they offer free spins as a delightful bonus treat. You can use these spins on specific slot games and then experience the thrill of slot machines without dipping into your own funds. You’ll see that free spins are a fantastic opportunity for you to uncover some hidden treasures, trigger exciting bonus rounds and maybe even walk away with winnings that are more than substantial.
       

    • Reload bonuses – Fortune Coins truly values its loyal players and keeps the excitement going with reload bonuses. These bonuses are offered on subsequent deposits, which is incentivizing you to continue playing at the casino. Reload bonuses can range from deposit matches to additional free spins, and you’ll be rewarded with some extra value each time you top up your account.
       

    • VIP and loyalty rewards – VIP and Loyalty rewards show exactly how Fortune Coins Casino takes player appreciation to the next level. As you engage in regular gameplay, you’ll slowly accumulate loyalty points that will unlock exclusive bonuses, personalized offers and some other special privileges. For example, VIP rewards often include:

    • Faster withdrawals
       

    • Higher betting limits
       

    • Access to dedicated customer support

    So, the more you play, the more you’ll be rewarded.

    • Seasonal and special promotions – Fortune Coins understands the importance of keeping things fresh and exciting, which is why they regularly offer seasonal and special promotions. These limited-time offers can include cool holiday-themed bonuses, tough leaderboard competitions, or some other special events tied to specific games. Remember to stay informed so you can take advantage of these promotions and then further enhance your chances of success.

    Conclusion

    From the moment you step into the virtual halls of Fortune Coins, you’ll encounter a diverse landscape of bonuses, all designed to cater to your preferences and enhance your overall gaming experience. The welcome bonuses provide a thrilling head start, free spins bring the magic of slot machines to your fingertips, reload bonuses keep the momentum going and VIP and loyalty rewards offer a pathway to exclusive benefits.

    And now, armed with this knowledge and equipped with the bonuses that Fortune Coins Casino provides, it’s time to embark on your own path to success. So, go forth and embrace these opportunities that you’ll hardly find anywhere else. Let the bonuses guide you, the excitement fuel you and the rewards propel you towards an unforgettable journey.

    Good luck and may your next spin be the one that changes everything!

    [ad_2]

    Source link

  • Atlantic City’s nine casinos see earnings down by 15% in Q1 amid higher wages, ongoing inflation | Yogonet International

    Atlantic City’s nine casinos see earnings down by 15% in Q1 amid higher wages, ongoing inflation | Yogonet International

    [ad_1]

    Atlantic City casinos’ collective gross operating profit has fallen by almost 15% in the first quarter of 2023 when compared to the same period a year ago, according to figures released Monday by the New Jersey Division of Gaming Enforcement.

    The nine casinos collectively posted an operating profit of $135.4 million in the first three months of 2023, which is down from the more than $159 million in profits they posted in Q1, 2022. Gross operating profit reflects earnings before interest, taxes, depreciation, and other charges.

    James Plousis, Chairman of the New Jersey Casino Control Commission, told Associated Press that casinos are dealing with higher costs this year, including significantly higher wages they agreed to pay workers under a landmark contract reached last summer.

    “Compared to the first quarter last year, the casino hotels are employing more people and a progressive labor agreement was reached,” Plousis told the cited source. “These steps are emblematic of an industry that is preparing for growth and success.”

    For his part, Mark Giannantonio, president of Resorts Casino and of the Casino Association of New Jersey, also attributed the lower earnings to inflation.


    Mark Giannantonio

    As for results per casino, Bally’s went from a big first-quarter loss of $6.8 million last year to a meager profit of $88,000 in Q1 2023. The Ocean Casino Resort’s profit was up 27.6% to $23.6 million; while Harrah’s saw its profit increase by more than 21% to $19.2 million; and Caesars’ profit was up over 7% to $11.3 million.

    Meanwhile, Resorts went from a $527,000 profit in last year’s Q1 to a $284,000 loss this year. The Borgata’s profit was also down, over 50% to $22.8 million. For its part, Hard Rock’s profit was down 17.5% to $22.2 million; and Tropicana was down 15.3% to $16.7 million. Lastly, Golden Nugget had a profit of $4.8 million, down from a $5.6 million profit over the same period in 2022.

    Among internet-only entities, Resorts Digital was up nearly 6% to just under $8 million, while Caesars Interactive Entertainment NJ was down 13.2% to $6.8 million.

    The Golden Nugget had the lowest-cost average room rental rate in the first quarter, at $113 a night. Meanwhile, Ocean had the highest, at $212. The overall casino hotel occupancy rate for the first quarter was 65.2%, up 2.1% from a year earlier.

    The figures come amid ongoing concerns surrounding Atlantic City’s in-person gambling winnings. While overall gambling revenue increased by 9.5% year-on-year in April, hitting $462.7%, the figure also includes the share brought in by sports bets and iGaming, which must be shared with partners. When analyzed separately, winnings from on-premises physical casinos fell by 1.6% to $231.4 million.

    [ad_2]

    Source link

  • Regulation, culture, and vibrant economy: SOFTSWISS identifies key factors driving iGaming growth in LatAm | Yogonet International

    Regulation, culture, and vibrant economy: SOFTSWISS identifies key factors driving iGaming growth in LatAm | Yogonet International

    [ad_1]

    Growing acceptance of gambling regulations, cultural values, and the popularity of sports betting are essential factors contributing to the increasing confidence in the LatAm iGaming market. Gregory Penkov, Head of Sales at SOFTSWISS Game Aggregator, identified these and other key conclusions in the LatAm market overview on market growth prospects in the region.

    Regulation has emerged as a significant force shaping the LatAm iGaming landscape. Countries like Colombia, Argentina, and Mexico have implemented regulatory frameworks and guidelines. 

    The historical significance of gambling in LatAm countries is another important factor. Countries such as Mexico, with a gambling history dating back to the Aztec empire, and Brazil, known for the long-standing lottery game ‘Jogo do Bicho,’ exemplify the local interest in gambling. 

    Lotteries and horse races are preferred in countries like Chile, Peru, and Argentina. With a population already familiar with gambling activities, South America presents a receptive market that embraces gaming and is open to innovative experiences.

    Industry experts have confirmed several other factors, including high digitalization, a growing middle class, and a vibrant economy, all pointing toward the immense growth potential of iGaming in LatAm. 

    Statista predicts that the online gambling market in the region will reach USD 3.4 billion by 2025. In the market overview, SOFTSWISS provides additional country-specific statistics and predictions for the region’s expected GGR growth.

    To succeed in the LatAm market, operators must also consider the local audience’s content preferences. Sports betting is highly appreciated, while slots and table games are popular choices. Surprisingly, ‘fish games‘ have swiftly gained popularity in LatAm, despite being relatively new to the region. 

    These RNG-based arcade-style games gamify the outdoor fishing experience, one that is further enhanced by visually appealing graphics and immersive audio effects. The growing popularity of fish games is evident through the significant number of bets in countries such as Argentina, Brazil, Chile, and Peru. As a result, integrating with fish game providers becomes a lucrative investment opportunity for expanding into the LatAm market.

    However, the Latin American iGaming market also presents challenges, particularly in payment processing. Many countries in LatAm have complex financial regulations and limited access to traditional banking services, making it difficult for players to deposit and withdraw funds from iGaming sites.

    Despite these challenges, the region offers numerous opportunities for operators willing to invest. Gregory Penkov, Head of Sales at SOFTSWISS Game Aggregator, emphasizes the potential for growth in this market: “By providing innovative products and services and a commitment to regulatory compliance, operators can position themselves for success in this dynamic market. With SOFTSWISS’s experience and expertise in the region, the company is well-equipped to help operators navigate the unique challenges and opportunities the market presents.”

    Discover more about the LatAm iGaming market in the SOFTSWISS research. SOFTSWISS experts will also be present at the SiGMA Americas in São Paulo, Brazil, from the 14th to the 18th of June, where attendees can explore the company’s wide range of innovative software solutions at stand D80.

    [ad_2]

    Source link

  • Ohio Gov. Mike Dewine names Michelle Gillcrist as nominee for Lottery Commission Director | Yogonet International

    Ohio Gov. Mike Dewine names Michelle Gillcrist as nominee for Lottery Commission Director | Yogonet International

    [ad_1]

    Ohio Governor Mike DeWine has nominated Michelle Gillcrist as Director of the Ohio Lottery Commission. Gillcrist was named interim director in April. In a statement, Governor DeWine said: “Michelle Gillcrist has the right combination of management experience and visionary thinking to lead the Ohio Lottery Commission.”

    Prior to her appointment as interim director, Gillcrist served DeWine in various capacities during his tenure as Governor, Ohio Attorney General and United States Senator, most recently as Governor DeWine’s Northern Ohio Regional Liaison and the Governor’s Aerospace and Defense Liaison for Northeast Ohio.

    Gillcrist has also previously served in government relations positions for MetroHealth, the Visiting Nurse Association of Ohio, the Cleveland Clinic, Battelle Memorial Institute and the Greater Cleveland Growth Association. She received bachelor’s and master’s degrees from John Carroll University and a Juris doctorate from the Case Western Reserve University School of Law.

    Gillcrist’s appointment as interim director following the abrupt resignation of Pat McDonald citing medical reasons. McDonald stepped down last month after serving the Ohio Lottery Commission for 16 years. He initially worked as a member and long-time chair of the Ohio Lottery Commission before being appointed as director by DeWine in 2019.

    His departure came during a crucial period for the Ohio Lottery. The organization is preparing to rebid its central gaming system contract, valued at over $90 million every two years. It is working to resolve a long-standing impasse over the establishment of internet-based lottery gaming, or iLottery, in the state.

    [ad_2]

    Source link

  • Nevada Gaming Commission approves Marriott’s pop-up casino, set to exist for only eight hours on May 23 | Yogonet International

    Nevada Gaming Commission approves Marriott’s pop-up casino, set to exist for only eight hours on May 23 | Yogonet International

    [ad_1]

    After receiving approval from the Nevada Gaming Control Board earlier this month, Marriott International has now secured approval on Thursday from the Gaming Commission to open a “pop-up” casino that will exist for only eight hours on May 23, in a tent on a street corner near the Las Vegas Convention Center, at the former site of the The Beach nightclub, at Paradise Road and Convention Center Drive.  

    The tent will open beginning at 6 a.m. and will feature 16 slot machines. It will be operated by Century Gaming Technologies subsidiary United Coin Machine (UCM). The pop-up casino will exist briefly, solely for the purpose of preserving a grandfathered gaming license acquired by the operator when it bought the 1.35-acre plot on which The Beach Nightclub once stood. This is the 10th time in 17 years that the temporary set-up of 16 slot machines is taking place.

    Under state and Clark County regulations, a company must offer public gaming for at least eight hours in order to maintain a license. The county statute says that to maintain a grandfathered license, active gaming must occur at least once every 18 months, while the state restriction is to provide it every two years. Sixteen slots are the minimum permitted under these rules.

    However, the Nevada Gaming Commission on Thursday told Marriott’s legal representative that preserving the license can’t go on indefinitely, and the company needs to move toward a definitive plan, as reported by the Las Vegas Review-Journal. 

    Dennis Neilander, an attorney representing Marriott, said the company has been stalled in its efforts to develop the property because of the effects of the COVID-19 outbreak and the rough economy. He said Marriott could not give the status of negotiations with potential developers of the property because of a non-disclosure agreement.

    Marriott operates around 1,000 rooms at five hotel properties in close proximity to the lot where The Beach once stood. Neilander said there is a plan to consolidate these properties into one resort across 16 acres, which would include the Beach site. But if the gaming license were to lapse, the land would lose value. 

    Neilander said the company has been required to maintain its gaming license since The Beach closed in 2006. Marriott oversees hotels using its Marriott, Courtyard, Residence Inn, Renaissance, and Springhill Suites brands, all under Marriott’s control.

    [ad_2]

    Source link

  • NSW government moves to ban gambling-related signage from pubs and clubs | Yogonet International

    NSW government moves to ban gambling-related signage from pubs and clubs | Yogonet International

    [ad_1]

    In an effort to fulfill an election promise aimed at reducing problem gambling, Australia’s New South Wales (NSW) Government is taking action to ban external signage associated with gambling from pubs and clubs across the state. While existing laws already prohibit gambling-related signage, venue operators have circumvented these restrictions by advertising what they call “VIP Lounges.”

    By September 1, 2023, all gambling-related signage, including names such as “VIP Room” or “VIP Lounge,” as well as images of dragons, coins, or lightning motifs, will need to be removed, altered, or concealed.

    The move comes after the introduction of legislation during the first sitting week of the new parliament that prohibits clubs with poker machines from donating to political parties in NSW. The intention behind these measures is to curb the influence of gambling-related activities on politics and address the significant issue of problem gambling in the state.

    Formal notifications will be sent to pubs and clubs starting next week, outlining the requirement to remove all external gambling-related signs. These signs range from fixed unilluminated awning signs to digital video displays.

    Liquor & Gaming NSW (L&GNSW) has prepared a position paper that outlines the enforcement approach and transition period for this ban. Venue operators will have three months to eliminate all gaming-related signage. However, for venues facing delays in removing their signage due to circumstances beyond their control, an additional three-month period will be granted for compliance.

    After this grace period, a zero-tolerance approach will be implemented, and penalties will be enforced for non-compliance. The government is expected to collaborate with industry associations and venues throughout NSW during the transition period to provide guidance and support.

    David Harris, Minister for Gaming and Racing, said the government is committed to introducing effective measures to minimize gambling-related harm. He highlighted the prevalence of gambling-related signs such as “VIP lounge” on the facades of pubs and clubs across the state, which serve as signals to passersby that gambling machines are available.

    “Some of these signs are extremely prominent, can be seen by children and members of the community who are at risk of gambling harm,” Minister Harris stated. The government aims to close the existing loophole in gambling advertising at pubs to safeguard the health and well-being of communities. 

    Failure to comply with the ban and breach of the Act will result in penalties. The maximum penalty for failing to remove signs is 100 penalty units or $11,000 per offense.

    [ad_2]

    Source link

  • Nevada lottery bill passes Senate committee, now awaits for floor vote | Yogonet International

    Nevada lottery bill passes Senate committee, now awaits for floor vote | Yogonet International

    [ad_1]

    A Nevada Senate committee passed on Thursday a bill to amend the constitution to allow a state-run lottery. Now headed to the floor of the Legislature, the legislation would end a ban on non-charity lotteries, in place since Nevada achieved statehood in 1864.

    If passed, the bill, titled the Assembly Joint Resolution (AJR) 5, would enable the legislature to establish a state-sponsored lottery. Under the plan, which faces opposition from sectors of the state casino industry, charitable groups would still be able to run lotteries.

    Because the bill amends the constitution, should it be approved at the floor vote, it would have to be passed again by the 2025 Legislature and would then be put to a vote by state residents. A hearing date on the floor has not been set yet.

    On Thursday, the two Nay votes came from Sen. Heidi Seevers-Gansert and Sen. Lisa Krasner. Fox5Vegas cited Gansert as stating: “I will be a no. We have an industry in this state that is the best in the world and they have invested billions of dollars in bricks and mortar and infrastructure and employ hundreds of thousands of people indirectly and direct. So I’m concerned this will deteriorate their industry.”


    Nevada's casino industry believes a lottery would hurt their operations

    One of the main reasons behind Nevada being a no-lottery state is its casinos, whose owners believe that bringing in such form of gambling would threaten the state’s economy by hurting their resort businesses, resulting in job losses, and reduced tax revenue.

    Senator Krasner also did not vote in favor of AJR 5, noting: “I will also be voting no on AJR 5. As we all know, tourism, gaming, and mining are the largest industries in the state of Nevada and they provide so many jobs to the people of Nevada. We don’t want the brick-and-mortar establishments to have to compete with the lottery and so I will be voting no.”

    Committee Chair Sen. James Ohrenschall voted in favor of the bill, saying: 
    “I’m going to be supporting AJR 5. I think we’ve certainly heard testimony with concerns from our gambling industry but we also heard testimony that a lot of folks who drive to some of our border communities to buy lottery tickets don’t usually go to gamble.”

    The bill is also being backed by The Culinary Union, which noted that public money from a lottery could be directed to youth mental health initiatives. Supporters also argue the bill would keep money in-state that is currently spent on lottery tickets bought in California and Arizona.

    [ad_2]

    Source link

  • Indiana: Hard Rock records over $39M revenue in April, placing first for the state for 19th consecutive month | Yogonet International

    Indiana: Hard Rock records over $39M revenue in April, placing first for the state for 19th consecutive month | Yogonet International

    [ad_1]

    Amidst a dip in earnings for other casinos in Lake and LaPorte counties, Hard Rock Casino Northern Indiana continues to dominate the state’s gambling scene as in April it raked in an impressive $39.1 million in revenue, marking a 2.3% increase compared to the same period last year.

    The latest data released by the Indiana Gaming Commission (IGC) reveals that Hard Rock has emerged first for the 19th consecutive month, outperforming all other commercial casinos in the state.

    This achievement brings them tantalizingly close to becoming the first Indiana casino since March 2018 to crack the $40 million monthly win mark, according to records. Notably, Hard Rock accounted for a substantial 18.5% of the state’s total casino win, which amounted to $211 million in the fourth month of 2023.

    Matt Schuffert, the president of Hard Rock Casino Northern Indiana, attributes the ongoing success to a combination of factors. “While Hard Rock continues to grow its business, with over 2% growth compared to last year, it is a little concerning to see the entire Northwest Indiana market down nearly 8%,” Schuffert told NWI Times.

    Matt Schuffert, President of Hard Rock Casino Northern Indiana

    He emphasized that Hard Rock’s dedication to providing an exceptional entertainment experience, bolstered by new and additional slots, a stellar lineup of performances, and extraordinary dining options, sets them apart in an otherwise stagnant regional gaming market.

    Hard Rock’s dominance extends to slot machine play as well, with an impressive $275.1 million wagered in April. This robust performance resulted in a state-best win of $27.3 million, surpassing their April 2022 slot win of $25.5 million. Additionally, the Gary casino took the lead in table game play, particularly baccarat, with $52.3 million in wagers and a table win of $11.8 million.

    To put this into perspective, the amount wagered at Hard Rock’s tables in April surpassed the combined wagering at Indiana’s five Ohio River casinos and the French Lick Casino.

    However, it wasn’t all smooth sailing for Indiana’s gambling industry in April. The state’s former earnings leader, Horseshoe Casino in Hammond, experienced a significant decline, ranking third behind its Horseshoe Indianapolis sister property with $25.7 million in win—down 19.3% from the previous year. Ameristar Casino in East Chicago also faced a 9% decrease in monthly win, with Blue Chip Casino in Michigan City following suit with a 6.8% decrease.

    While the start of the Major League Baseball season failed to inspire increased sports wagering in April, the state will still collect $66 million in tax revenue from slot machines and table games, a favorable figure. 

    Combined, Indiana’s 12 casinos generated over $205 million in revenue during the month, marking the second consecutive month with revenue surpassing $200 million.

    [ad_2]

    Source link

  • Betsson’s BML Group fined $2.6 million, faces marketing prohibition in Finland | Yogonet International

    Betsson’s BML Group fined $2.6 million, faces marketing prohibition in Finland | Yogonet International

    [ad_1]

    BML Group, a subsidiary of Betsson AB, has become the first Malta Gaming Authority (MGA) licensee to be fined by the Finnish police. The Finnish National Police Board has imposed a record-high fine of €2.4 million ($2.6 million) and issued a prohibition order against BML Group’s marketing activities. 

    The police board stated that BML Group had engaged in extensive advertising targeting mainland Finland through multiple channels for an “extensive” period of time. The board’s decision, made on April 7, will come into effect on July 3.

    The Finnish gambling market is currently monopolized by Veikkaus, the state-owned betting, gaming, and lottery company. BML Group, operating under the MGA license, has been accused of promoting gambling products in Finland, in direct violation of the Finnish Lotteries Act.

    The National Police Board’s prohibition order and conditional fine mark a significant milestone, with Antti Koivula, Partner and Legal Advisor at Legal Gaming Attorneys at Law, noting that it is the first time such action has been taken against an MGA licensed operator.

    “The National Police Board estimated that BML has a significant financial interest in continuing the activities and found that the illegal activities have continued for a long time regardless of the Board’s previous control measures,” the Board said in a statement.

    However, the board acknowledged the efforts made by the Betsson subsidiary to reduce marketing activity, which acted as a mitigating factor when determining the size of the penalty. Still, the fine marks a record, up from a previous high of €800,000.

    As per the order, BML Group must refrain from targeting customers on Finnish mainland, including the use of podcasts, video podcasts, articles, or campaigns featuring Finnish celebrities that attract customers. The marketing prohibition also extends to BML Group’s activities on websites other than those owned and administered by the group.

    “If BML continues to target its marketing of gambling services in mainland Finland despite the prohibition, the Board will take action to enforce the imposed conditional fine,” the Board added.

    While it remains unclear if this enforcement action concludes an investigation announced by the National Police Board in April 2023, it highlights the authority’s commitment to cracking down on what it has labeled as aggressive marketing practices.

    While the Finnish Lotteries Act currently prohibits unlicensed firms from marketing their services to the country’s mainland, lawmakers have been evaluating for some time now potential reforms to the monopoly system. An update could introduce a partial-license model allowing privately held companies, like Betsson, to offer online betting and casino products.

    [ad_2]

    Source link

  • Clarion Gaming’s ICE London and iGB Affiliate London shortlisted at Association of Exhibition Organisers awards | Yogonet International

    Clarion Gaming’s ICE London and iGB Affiliate London shortlisted at Association of Exhibition Organisers awards | Yogonet International

    [ad_1]

    Clarion Gaming‘s renowned gaming event ICE London and sister show iGB Affiliate London have been shortlisted in the Association of Exhibition Organisers (AEO) annual Awards. The winners will be announced at the annual Awards ceremony taking place on June 16 at the Grosvenor House, Park Lane, London.

    Described by Clarion as “the Oscars for the events industry,” the AOE judging panel has shortlisted ICE London in the Best UK Tradeshow category of events in excess of 8,000 sqm, with iGB Affiliate London named in the final shortlist of events between 4,001 and 8,000 sqm.

    In a further accolade, Affiliate Meet Markt, a joint initiative between Gaming and the Digital Marketing Divisions at Clarion, has also been nominated, appearing in the category for Best International Event Launch. 

    It is worth mentioning that with ICE and iGB Affiliate London, Clarion Gaming delivered two hugely successful events, both of which set new records for attendance and customer satisfaction.


    Stuart Hunter

    Stuart Hunter, Managing Director at Clarion Gaming, commented: “The AEO shortlist represents a powerful validation of the dedicated work invested by the respective organizing teams in partnership with their customers and the global gaming industry.”

    “We have a passion for the sectors that we serve, and I believe that was clearly evident to the many thousands of industry professionals who were in attendance and traveled to be with us from every corner of the world. The AEO received a record number of entries for this year’s awards, and being shortlisted is a great testament to the professionalism of the entire Clarion Gaming team. The team is already deep in planning for the 2024 editions of the events,” he added.


    Andy Ventris

    For his part, Andy Ventris, who joined Clarion Gaming in June 2022 as ICE Show Director, commented: “ICE 2023 was a breath-taking introduction to the international gaming industry.”

    “I’ve spent all of my professional life in events, but the energy and dynamism on show at ICE London eclipsed anything that I’ve experienced before. Attracting over 40,000 industry professionals to London in February speaks volumes for the work and dedication of everyone associated with the ICE brand.”


    Naomi Barton

    In the case of the iGB expo, the event saw more attendees traveling from more countries than at any time in the event’s history. Naomi Barton, Portfolio Director responsible for the iGB brand, concluded: “According to research conducted amongst our stakeholders by the independent research company Explori, iGB Affiliate London 2023 ranked in the top 5% of UK b2b events. To be shortlisted in our category is a further endorsement of the iGB brand and the quality of the stakeholder experience that the team delivered so successfully.”

    [ad_2]

    Source link

  • Sportradar to participate in two US conferences this month | Yogonet International

    Sportradar to participate in two US conferences this month | Yogonet International

    [ad_1]

    Sports technology firm Sportradar announced on Friday it is set to participate in two upcoming conferences in the US in May. 

    The business-to-business technology provider will attend J.P. Morgan’s 51st Annual Global Technology, Media and Communications Conference at the Westin Copley Place hotel in Boston, Massachusetts.

    Sportradar’s Chief Executive Officer Carsten Koerl will participate in a fireside chat on Monday, May 22, at 4:30 pm Eastern time. Sportradar management will also be available for investor meetings during the conference, the company noted.

    Sportradar will also participate in the 20th Annual Craig-Hallum Institutional Investor Conference at the Depot Renaissance Hotel on May 31, in Minneapolis, Minnesota, and host investor meetings.

    The announcement follows Sportradar’s report of its Q1 financials last week. During the quarter, the business posted 24% revenue and 37% Adjusted EBITDA growth, reaching $226.2 million and $40 million respectively.

    The strong financial performance was driven by a 55% revenue hike to $43.3 million in the company’s US segment, with positive Adjusted EBITDA for a third consecutive quarter. It also comes as the business targets further investments in AI, which the company believes could result in margin improvement over time.

    [ad_2]

    Source link

  • William Hill to donate profits made on its Eurovision markets to Support Ukraine charity | Yogonet International

    William Hill to donate profits made on its Eurovision markets to Support Ukraine charity | Yogonet International

    [ad_1]

    UK bookmaker William Hill announced Friday it will be donating all profits made on its Eurovision markets towards relief efforts for displaced Ukrainians in the United Kingdom. The pledge was unveiled just hours before the final of the international song competition takes place in Liverpool.

    All the profit of all bets placed in William Hill’s Eurovision markets will go towards the Support Ukraine initiative, the bookmaker noted. “These funds will provide essential food, toys and humanitarian aid to the thousands of displaced Ukrainians here in the UK – as well as much-needed support for their families abroad,” the firm said.

    William Hill spokesperson Lee Phelps said: “We will be pledging 100% of our profits made on the Eurovision market to the brilliant Support Ukraine charity. If you place a bet on the Eurovision market this weekend, Ukraine will win regardless of if customer bet slips are successful.”

    “It has been over a year since millions of Ukrainians had their worlds turned upside down, and on the weekend of a Eurovision that should be being held in Kyiv, it is a stark reminder that the fight is ever-present – but so too are the relief efforts, and the resilience shown by a nation with a heart of steel. We must not forget the disasters Ukrainians are still battling through, and the continued support Ukrainians require both in their home country and for those who have sought refuge here in the UK.”

    A charity initiative based in London, the Support Ukraine Coordination Hub has already assisted in providing hundreds of meals to an increasing population of Ukrainians seeking refuge in London, as well as delivered meals/aid to families that have remained or are unable to leave Ukraine. Additional aid includes donations of food, toys and other humanitarian supplies.

    A spokesperson for Support Ukraine added: “We are immensely grateful for all the support Ukrainians have received from the UK and British people, and for their grand offer to host Eurovision on behalf of Ukraine. We are especially thankful to William Hill for their fantastic gesture to donate all profits from betting on the event to our cause. We are deeply touched. 

    “The money will help provide necessities to those affected on or near to the front line and de-occupied territories, including medical aid such as medicine and much needed medical evacuation vehicles.”

    A final donation figure will be confirmed on Monday, following the finale of the Eurovision Song Contest, William Hill stated.

    [ad_2]

    Source link

  • SOFTSWISS Game Aggregator partners with live casino gaming provider Winfinity | Yogonet International

    SOFTSWISS Game Aggregator partners with live casino gaming provider Winfinity | Yogonet International

    [ad_1]

    iGaming solutions supplier SOFTSWISS has joined forces with live casino gaming provider Winfinity, the parties announced on Friday. Through the strategic agreement, the SOFTSWISS Game Aggregator and Winfinity have entered into a partnership that combines their respective strengths, with the direct integration set to benefit iGaming operators and offer “an elevated gaming experience for players worldwide.”

    The partnership between SOFTSWISS and Winfinity, which has a Latvian certification and a Curacao license, will facilitate easier integration. “The collaboration harnesses SOFTSWISS’ expertise in delivering cutting-edge gaming solutions and Winfinity’s premium approach to gaming, offering a truly immersive experience for players,” the companies said.

    The partnership leverages SOFTSWISS’ technology platform and Winfinity’s games to provide casino operators and players with “uninterrupted streams, exceptional video quality, and seamless access to games even during peak times.”

    Among its products, Winfinity offers branded Speed Auto Roulette, Classic Blackjack with patented and “the only mid-game action feature across all live casino providers,” 2000X Bar Roulette with FREE Bonus Buy feature, Classic Venice Roulette, and coming soon the Winfinity Baccarat and Winfinity Show Roulette.

    “The provider’s games boast unique features and meticulous attention to detail, distinguishing them from other offerings in the market,” says a press release. “The Bar studio’s exquisite interiors and the Venice studio’s captivating ambience elevate the gaming experience to new heights.”

    The SOFTSWISS Game Aggregator and Winfinity agreement has “already gained traction,” with several operators incorporating Winfinity’s games into their casino portfolios, the partners announced. “The alliance is poised for growth, with plans to enhance players’ gaming experiences worldwide,” they added.

    Tatyana Kaminskaya, Head of SOFTSWISS Game Aggregator, stated, “Our partnership with Winfinity allows us to introduce their remarkable games to our clients. We strive to provide operators with quality entertainment content for online casinos, and Winfinity’s premium approach to gaming aligns perfectly with our goals. We are eager to continue working together and delivering the ultimate gaming experience to players worldwide.”

    Igor Cistjakovs, CEO of Winfinity, added, “Collaborating with SOFTSWISS enables us to reach a broader audience with our products. We are dedicated to offering the finest gaming experience to players, and this partnership is an ideal way to achieve that. We are enthusiastic about integrating our games with the SOFTSWISS Game Aggregator and anticipate a fruitful, long-term cooperation.”

    “The partnership also highlights the benefits of the SOFTSWISS Game Aggregator and the recently launched Tournament Tool, offering added value to operators and players alike,” SOFTSWISS added in a statement.

    [ad_2]

    Source link

  • IGT signs 10-year contract with the new operator of Malta’s National Lottery | Yogonet International

    IGT signs 10-year contract with the new operator of Malta’s National Lottery | Yogonet International

    [ad_1]

    International Game Technology (IGT) announced Wednesday its IGT Global Services subsidiary has signed a 10-year contract with National Lottery plc, a subsidiary of IZI Group and the new operator of the National Lottery in Malta. Additionally, IGT has also signed an instant ticket printing services contract, expected to run until June 2032, for the National Lottery’s re-launch of instant tickets into the market.

    Under the terms of an initial agreement, IGT’s lottery central system and retail solutions went live in July 2022, replacing a competitor’s technology. IGT collaborated with National Lottery to introduce an additional draw day for LOTTO, described as “the most traditional and successful game in Malta,” and launch two draw games, Pick 3 and Super 5 4-3-2-1, the first draw games to go live in over 10 years.

    With the new agreements in place, IGT plans to work with the National Lottery to relaunch the Lottery’s instant ticket program and double the size of its retailer network while further driving innovation for the Maltese lottery.

    “IGT’s extensive experience with achieving significant sales growth for leading lotteries such as National Lottery plc made it an ideal partner for re-establishing Malta’s National Lottery,” said Johann Schembri, IZI Group’s Founder and CEO. “In addition to its sophisticated lottery product portfolio, IGT’s responsible approach to innovation and sustainable growth align with the Lottery’s vision of providing unique gaming entertainment experiences to players in a responsible and safe environment.”

    Schembri further said that IZI Group is “very impressed” with what IGT has been able to accomplish for them “in such a short time,” adding that the company looks forward to further enhancing the player experience via their partnership over the next 10 years.

    “National Lottery plc and IGT had an ambitious, seven-month timeline to complete a comprehensive lottery system implementation and deploy new equipment throughout Maltese retailers,” said Jay Gendron, IGT Chief Operating Officer, Global Lottery. “Nevertheless, IGT was up for the challenge.”

    “Our technology, along with new draw-based games and features, went live in record time and on schedule. We are now focused on working with the Lottery to inspire continued sales growth responsibly through innovative technology and compelling instant ticket content that engage players.”

    With a global presence in the lottery market, IGT is currently the primary technology provider to eight of the world’s largest 10 lotteries and 16 of the world’s top 25 lotteries.

    [ad_2]

    Source link

  • Gauselmann Group’s compliance officers gather to discuss gaming regulatory requirements | Yogonet International

    Gauselmann Group’s compliance officers gather to discuss gaming regulatory requirements | Yogonet International

    [ad_1]

    Gauselmann Group‘s compliance officers, spanning 12 nations, recently came together for a two-day workshop at the company’s Espelkamp, Germany headquarters. The event focused on the constantly growing number of gaming laws and regulations worldwide, sources of law for the avoidance of risks, as well as new courses of action for the markets the company operates in. This was the fifth workshop of its kind since the introduction of a group-wide compliance management system in 2014.

    The workshop was attended by a total of 37 compliance managers from 12 nations, including Germany, Spain, Croatia, Austria, Serbia, Belgium, Bulgaria, Malta, the UK, Denmark, Mexico, and Peru. The participants convened at the company’s Schloss Benkhausen training center to bring each other up to date on a diverse range of topics in presentations and working groups.

    From risk management and the growing ESG requirements to the whistleblower system for reporting compliance violations, many current challenges for the corporate group were on the agenda. Additional topics, such as the German Supply Chain Due Diligence Act, regulations governing the protection of human rights, as well as player protection and responsible gaming measures, were also “met with keen interest among the workshop participants.”

    Ludwig Beckmann, Chief Compliance Officer at Gauselmann AG, said: “It is manifestly clear that the regulatory authorities are continually increasing and refining the requirements for our industry – and not just in Germany but worldwide. This means our compliance officers have to be constantly on the ball and abreast of developments to enable them to meet the challenges reliably and in compliance with the law.”

    “We are pleased and proud to have a team of highly professional and very well-trained compliance officers around the world who are dedicated to this responsible task,” he concluded.

    [ad_2]

    Source link

  • Las Vegas Convention Center embarks on $600M renovation of its legacy campus | Yogonet International

    Las Vegas Convention Center embarks on $600M renovation of its legacy campus | Yogonet International

    [ad_1]

    The Las Vegas Convention and Visitors Authority (LVCVA) has kicked off a $600m renovation of the Las Vegas Convention Center’s (LVCC) legacy campus, with a ceremonial groundbreaking held Tuesday. The update aims to upgrade the North, Central, and South Halls, bringing them in line with the renovations done to the $1 billion West Hall in 2021.

    Key features of the renovation include a new outdoor plaza and indoor lobby at the South Hall, a climate-controlled interior concourse between the North and South Halls, and a Grand Lobby between the North and Central Halls. The renovation is expected to finish in 2025, and the construction will seek to minimize disruption to scheduled trade shows. 

    The LVCC is represented by Miller Project Management Group, which oversees the construction of the project, while Klai Juba Wald is serving as the architect of record. A joint venture comprised of the Hunt Construction Group and the Penta Building Group serves as the contractor.

    The project will be funded through the LVCVA’s general fund, bonds, and proceeds from the sale of a 10-acre Riviera parcel. Las Vegas has been the US’ number one trade show destination for nearly three decades, and the LVCVA is committed to remaining first “for another three decades,” according to Steve Hill, the LVCVA’s President and CEO. “This renovation will provide our customers with an experience that will make them want to come back year after year.”

    The convention sector continues to significantly contribute to Southern Nevada’s economy, with nearly 15m square feet of meeting and event space throughout the destination. In 2022, Las Vegas hosted nearly five million convention attendees, whose spending during their stay directly supported an estimated 38,000 jobs, $2.1 billion in wages, and $7.5 billion in economic impact.

    The renovation of the LVCC was set in motion in 2016 during the special session of the Nevada Legislature. Senate Bill No. 1 (SB1) was put in place to help fund the creation of the West Hall and the renovation of the LVCC’s existing campus, along with Allegiant Stadium. 

    While construction of the $1 billion West Hall moved forward, the renovation of the legacy campus was delayed due to the pandemic. In August 2022, the LVCVA Board of Directors approved design and construction plans for the remaining projects.

    Construction work on the project actually began before the groundbreaking ceremony, in early April 2023, with roughly 600 onsite construction workers building new executive offices and a new boardroom. 

    Steve Hill was joined by LVCVA Board Chairman Jim Gibson at the 30-minute groundbreaking at the South Hall plaza entrance on the east end of the Convention Center. Prior to the groundbreaking, the board held a meeting where it got the first look at its $463.4 million 2023-24 fiscal year general fund budget, a 5.8 percent increase over the current fiscal year’s financial plan. 

    The LVCVA is projecting record revenue of $448 million, mostly from room taxes that are increasing as a result of rising visitation and higher room rates. 

    [ad_2]

    Source link

  • Pennsylvania’s Mount Airy Casino Resort to host summer kickoff bashes during Memoria Day Weekend | Yogonet International

    Pennsylvania’s Mount Airy Casino Resort to host summer kickoff bashes during Memoria Day Weekend | Yogonet International

    [ad_1]

    Pennsylvania’s Mount Airy Casino Resort is gearing up to celebrate the unofficial start of summer by hosting a series of kickoff bashes this upcoming Memorial Day Weekend.

    The highlight of the weekend includes the official opening of Mount Airy’s luxury indoor/outdoor pool and entertainment complex on Saturday, May 27. The free event starts at 9 p.m. with live music performed by the Kira Krakovesky Duo. Guests can lounge poolside in a private cabana while enjoying refreshing cocktails or dine on the light fare on the 7,600 square-foot outdoor deck that boasts table-side fire pits and expansive views of the resort’s lake and golf course.

    Mount Airy’s wide-ranging Memorial Weekend festivities will launch the day before on Friday, May 26, with CC Music headlining Mount Airy’s Summer Kick-Off in the resort’s newly opened Event Center starting at 9 p.m. Tickets for Friday’s event are $15 and can be purchased at MountAiryCasino.com. 

    On Sunday, May 28, singer/songwriter Casey Walton will round out the Memorial Weekend festivities with a free performance from 8 to 11 p.m. on the casino floor. All guests at Mount Airy, including pool guests, must be 21 and older.

    Ben Koff

    Ben Koff, Mount Airy General Manager and Chief Operating Officer, said: “We’re excited to launch a strong summer season. In addition to our luxury pool complex, we look forward to welcoming guests to enjoy all that we have to offer, from premier gaming and first-class dining to luxury accommodations and exciting entertainment offerings.”

    The summer months at Mount Airy will continue with a pair of popular stand-up comedy performances in July, including shows from Vic DiBitetto on July 8, and stand-up comedian Dave Attell on July 22.

    Pennsylvania’s Mount Airy Casino Resort boasts nearly 1,700 slot machines, 80 table games and an all-new sportsbook. The resort also offers nearly 300 upscale guest rooms and luxury suites, complemented by over 20,000 square feet of convention center and ballroom space. 

    [ad_2]

    Source link

  • IBIA expands integrity monitoring and anti-match-fixing operations in Brazil | Yogonet International

    IBIA expands integrity monitoring and anti-match-fixing operations in Brazil | Yogonet International

    [ad_1]

    The International Betting Integrity Association (IBIA) announced the expansion of its integrity monitoring and wider anti-match-fixing operations in Brazil. The expansion comes in response to upcoming government regulation, the rapid growth of the Brazilian sports betting market, and IBIA data confirming that Brazilian sport is a regional target for criminal match-fixers. 

    According to H2 Gambling Capital, IBIA members are estimated to account for over 60% of the remote gambling market in Brazil. “That leading market position will enable IBIA to provide a highly accurate analysis and effective deterrent against match-fixing-related betting fraud in Brazil. IBIA is, therefore, uniquely positioned to support a crack-down on match-fixing in the country,” according to the association.

    Speaking in advance of the government’s Provisional Measure on sports betting regulation, Khalid Ali, IBIA CEO, said: “We welcome the Brazilian government’s decision to regulate the sports betting industry as an overwhelmingly positive move. As IBIA’s 2021 optimum betting market study confirms, balanced and efficient sports betting regulation is part of the solution to sports betting-related match-fixing.”

    “IBIA looks forward to working with policymakers to ensure Brazil enjoys the full benefits of a dynamic and competitive sports betting market whilst reducing the risks of match-fixing,” he added.

    H2 Gambling Capital estimates that the Brazilian sports betting market grew by 44.4% from 2021 to 2022, reaching BRL4,506 million ($940 million) in gross gambling revenue (GGR), and is projected to reach BRL 9,265 million ($1,860 million) in GGR by 2027 (105% increase).

    “Given this rapid growth, IBIA and its members are particularly focused on utilizing the attributes of its global monitoring and alert system to bolster the protection of the regulated betting market and sporting events in Brazil,” the association stated.

    Khalid Ali noted: “What sets IBIA apart from commercial monitoring systems is the ability to track transactional activity linked to individual consumer accounts rather than analyzing simple odds movements. No other sports integrity solution can provide access to this data, which covers over $137 billion in sports betting turnover per annum, making IBIA the largest and most effective integrity network of its nature globally.” 

    IBIA’s recently published Q1 Integrity Report contains a targeted analysis of alerts in the Latin American market, with 105 suspicious alerts across the region during 2018-22. Brazil was the main source of suspicious betting alerts across LatAm (31%), with football accounting for the majority (61%) of those. 

     

    The International Betting Integrity Association is a not-for-profit body that has no competing conflicts from the delivery of commercial services to other sectors. The association claims to be run “by operators for operators,” protecting its members from corruption through collective action. Responsible, regulated sports betting operators have a significant incentive to help crack down on match-fixing, and IBIA “intends to be at the forefront of that preventative action in Brazil.”

    “IBIA’s advocacy expertise and monitoring and alert network will have a vital role to play in helping Brazil successfully deter, investigate and prosecute match-fixing. As part of our expansion, we aim to utilize data-sharing agreements with regulators, sports, and law enforcement agencies to ensure the integrity of Brazilian sport and the regulated betting market,” the CEO explained.

    “Our experience in education and cross-sector programs such as IBIA’s Data Standards group, involving major global sports betting data companies, can also make a significant contribution to protecting Brazilian sport from the dangers of match-fixing,” he concluded.

    [ad_2]

    Source link