Category: News
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New York City Casino Bid Would Offer Resort Equity to New Yorkers
One of the nine New York City casino bids being considered by the New York Gaming Facility Location Board is enhancing its proposal by offering equity opportunities that would allow New Yorkers to invest in and benefit from the property’s future success. Freedom Plaza Proposal Freedom Plaza is a $10 billion investment led by the…
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Macau Investor Scooping Up Shares of Star Entertainment
Macau businessman Wang Xing Chun has been gobbling up shares of Star Entertainment, even as the Australian casino operator is pushed to the brink of insolvency. Wang’s Growing Stake in Star After recently acquiring AU$1.7 million worth of Star shares, Wang’s stake in the company reached 5.5%, prompting a disclosure with Australian regulators. A Friday…
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Ukrainians Unwittingly Supporting Russia’s Military Via Popular IGaming Platform Pin-Up
Ukrainians gambling on a popular online casino platform could be unknowingly funding their perpetrators in the country’s ongoing defense in the Russia-Ukrainian war. Pin-Up is a leading iGaming website and app in Ukraine. The company, however, is based in Russia-controlled Luhansk Oblast and is owned by Russian citizens. Ukraine’s State Bureau of Investigation and Andriy…
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Safer Gambling Week 2024 Set To Promote Responsible Betting Across The UK
The eighth annual Safer Gambling Week іs set tо take place from 18-24 November 2024, bringing together industry leaders, government officials and regulators tо champion responsible gambling practices. This collaborative initiative aims tо spark a nationwide conversation about betting safely and highlight the tools available tо help players maintain control. Key Points: Organised by the…
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PAGCOR Reports Strong Financial Performance Amid Gaming Sector Growth
The Philippine Amusement and Gaming Corporation (PAGCOR) has disclosed an impressive financial performance for the first nine months оf 2024, with revenues reaching Php79.43 billion (US$1.36 billion). This figure marks a 42% increase compared tо the same period last year, showcasing a robust growth trajectory for the regulator. Record-Breaking Quarterly Revenues Significantly, the third quarter…
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Sportradar Connect: Assessing How Marketers Can Win The Acquisition Race
Gambling Insider attended Sportradar’s marketing summit last week, and here, looks through the key takeaways from one of the panels. Key Points Event Overview Located at Emirates Stadium, the home of Arsenal FC, Sportradar Connect brought together industry leaders in the world of marketing in sports, betting and beyond. Panel Discussions There were three key…
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Macau Increases Penalties For Illegal Gambling With Implementation Of New Law
The Chinese Special Administrative Region (SAR) of Macau has strengthened rules geared towards combatting illegal gambling in the casino enclave. New Law Against Illegal Gambling In Macau Earlier this month, lawmakers in the Macau Legislative Assembly passed the Law to Combat Crimes of Illegal Gambling. Assembly President Kou Hoi In and Chief Executive Ho Iat…
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Lotto24’s Lottery Revenue Grew By 11% And The Company’s Displacement Is Inevitable. Lotto24 Publishes Figures For The 2023 Financial Year
Lotto24’s Financial Growth In 2023 Due to the fact that the company’s revenue has increased Zeal is pushing for its ousting. German e-lottery company Lotto24, a subsidiary of Zeal Network, has published its annual report for 2023: – Revenues totaled 885 million euros ($967.7 million), up 16.7% from a year earlier. – In particular, lottery…
