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In the first quarter of 2024, OPAP experienced significant growth in its online casino sector, which contributed to a 4.2% year-on-year increase in total revenue, reaching €549.7 million (£467.5 million/$593.3 million). The Greek gambling conglomerate also reported strong performance in its lottery division, further bolstering its financial results for the period. The company’s Gross Gaming…
Relax Gaming, known in the US market as RLX Gaming, has significantly broadened its reach within the United States by going live with BetMGM in Pennsylvania. This strategic move follows the receipt of an interim authorization from the Pennsylvania Gambling Commission Board (PGCB) last month, allowing RLX Gaming to operate within the Keystone State. This…
Merkur Casino’s recent charity football tournament was a resounding success, raising over £12,000 ($15,300) for the Merkur Initiative. This notable achievement highlights the company’s dedication to supporting various charitable causes across the UK, reinforcing its commitment to community engagement and social responsibility. The tournament took place on Saturday, 8 June, at the Tattenhoe Sports Pavilion….
The gaming industry, traditionally a male-dominated sector, is witnessing a significant shift as more women take on leadership roles and contribute to its growth. At SiGMA 2024, a panel moderated by Roanna Jamir of HCM Nexus shed light on this transformation. The panel featured prominent women leaders: Ellen Frojd, CEO of SmartRecruitment.com; Crystal Nadal, Head…
The Swedish Gaming Authority, Spelinspektionen, has imposed a significant fine of SEK 2.6 million (approximately $246,000) on Hacksaw Gaming. This penalty stems from the discovery that the iGaming studio had issued software to operators who lacked the necessary licenses to operate in Sweden. In July 2023, the Swedish Gambling Act was updated to mandate that…
Play’n Go, a leading supplier in the gaming industry, has become the newest member of the Canadian Gaming Association (CGA). This significant collaboration marks a milestone for both entities, enhancing their efforts to promote a safe and regulated gaming environment in Canada. The CGA, a prominent trade association representing both operators and suppliers, welcomes this…
North Carolina experienced a notable decline in gross gaming revenue (GGR) during the second full month of wagering, with May’s figures revealing a significant downturn. In May, the state reported a GGR of $63.1 million. This represents a substantial 40.1% decrease from the $105.3 million recorded in April, which marked the first complete month of…
The latest monthly sports betting reports across the US highlight significant year-on-year growth in Iowa, Maryland, and Tennessee during May. This detailed analysis reveals increased player spending and revenue trends, demonstrating the evolving landscape of the sports betting industry in these states. Maryland: A Surge in Player Spending and Revenue In May, Maryland witnessed a…
Australia has recently implemented a landmark legislation aimed at curbing gambling-related harm by banning the use of credit cards for online gambling. The Interactive Gambling Amendment (Credit and Other Measures) Bill 2023, introduced last September, effectively stops players from using credit cards to fund their gambling activities. This new regulation amends the Interactive Gambling Act…
As online sports betting gains momentum, lottery commissions across the United States are growing increasingly concerned about its potential impact on their revenue streams. The pressing question is: Is online sports betting really cannibalizing lottery sales, or are other factors at play? This article delves into the issue, exploring various perspectives and studies to uncover…
