International Entertainment Corporation (IEC) announced that it has officially begun its limited operation of the casino at its New Coast Hotel property in Manila. The company is set to officially take over full casino operations from the PAGCOR on May 11. The Board is pleased to announce that on 9 May 2024, the Group has […]
Playtika Posts Q1 Report, Unveils Share Buyback Program
Playtika, an Israeli digital entertainment company specializing in the development and publication of mobile games, has posted its results for the period ended March 31, 2024. The company reported a slight decrease in revenue and published its FY 2024 guidance. Playtika’s revenue for the period increased by 2.1% sequentially to $651.2 million. However, this figure […]
Light & Wonder’s Q1 Report Outlines Growth Across The Board
Light & Wonder has published its Q1 financials, reporting a strong start to 2024. The supplier was able to deliver a 12th quarter of year-over-year consolidated revenue growth in a row and generated strong cash flow. The company’s revenue increased 13% to $756 million, underpinned by growth across all segments. The company’s gaming revenue increased […]
Atlantic Lottery Teams Up With IGT For Innovative ILottery Solutions
The leading lottery technology provider, powering most of the world’s largest lotteries across the globe, International Game Technology (IGT), announced it signed a new North American-facing agreement. On Wednesday, the company revealed it joined forces with Atlantic Lottery Corporation, agreeing to deliver its high-performing features and instant games, supercharging the offering of the lottery. Per […]
SPA Confirms That Brazilian Operators Must Add .Bet To Their URLs
The Secretariat of Prizes and Betting (SPA) of Brazil’s Ministry of Finance has concluded that licensed operators will be required to add .bet to their domain names. As a result, operators’ URLs will need to have .bet.br after the company name. This decision has been discussed for a while now as the secretariat was uncertain […]
Illinois’ IGaming Bills Are Yet To Gain Traction
The Illinois legislative session has failed to advance the state’s iGaming efforts so far but not all hope is lost. With three weeks left in the session, there is still time for HB2239 to make progress. Sponsored by Rep. Edgar Gonzalez, the bill seeks to legalize online casino gaming and allow the state to capitalize […]
Macau Police Arrest 5 Casino Fraudsters, Seize Fake Chips
The Macau Judiciary Police have arrested five Chinese nationals suspected to be related to a cross-border criminal syndicate. The criminal organization, according to the authorities, uses counterfeit chips in casinos in Macau. The arrests followed a recent report from a casino in the Cotai area where a customer exchanged fake chips for money. After the […]
Sandro Tonali Receives A Suspended Ban For Violating FA’s Code
Sandro Tonali has received a two-month suspended ban for his gambling violations. The ban is suspended until the conclusion of the 2024-25 season and will come into effect if Tonali commits a new violation. The FA charged the midfielder with 50 breaches of FA Rule E8 for placing bets on football matches between 12 August […]
Bally’s Q1 Financials: Losses Offset Favorable Revenue
Bally’s Corporation has published its Q1 results, reporting what CEO Robeson Reeves called a “solid start” to the year. Unfortunately, the favorable performance across several segments was offset by a loss of $173.9 million, triggering a decline in the company’s share price. For Q1, Bally’s reported company-wide revenue of $618.5 million, representing an increase of […]
Michigan Regulator Tells Operators To Justify Withdrawal Delays
The Michigan Gaming Control Board (MGCB) is puzzled by the local operators’ tendency to delay withdrawals. As a result, the regulator has asked licensees to provide explanations for the hold-ups. As outlined in a memorandum published on April 23, the MGCB determined that withdrawal requests are the most frequent reason for customer complaints. According to […]