By Grant Mahon Horseshoe Southern Indiana Prepares for Rebrand & SportsbookMay 18, 2019 Renowned gaming operators Caesars Entertainment Corp. has recently unveiled plans to rebrands its Horseshoe Southern Indiana property as part of an ongoing $85 million expansion that will also involve the addition of a sportsbook to the casino’s existing portfolio of products and services. The expansion plans came to light in June 2018 with the whole […]
By Grant Mahon Loot Boxes Constitute Gambling, New Study FindsMay 9, 2019 There has been a raging debate over whether or not loot boxes are a type of gambling. While some countries have already taken stands in as far as the issue is concerned, many other places are still in limbo primarily because rules and regulations have not been set with regards to loot boxes. Fortunately, a […]
By Grant Mahon Microgaming Inks Partnership Deal with MansionMay 8, 2019 Renowned Isle of Man-based casino game developer and supplier Microgaming has landed yet another big deal with Mansion, which is one of the leading online gaming veterans on the planet. Under the new partnership, Microgaming’s extensive library of fan-favorite titles will be going live across Mansion’s online gambling brands – this marks a huge milestone […]
By Grant Mahon ASA Bans Casino Game Ad That Encouraged Underage GamblingMay 6, 2019 The United Kingdom’s Advertising Standards Authority has recently banned an advert for Monopoly-themed online casino game citing concerns that the ment might appeal to children. This online promotion, therefore, breached the authority’s code by having a design that was very likely to appeal to young people. According to the ASA’s rules, all gambling-related ads should […]
By Grant Mahon Sports Betting May Finally Be Headed to MontanaMay 5, 2019 Montana is at the head of the wave of a number of states that have been mulling over the legalization of sports betting – the state has officially become the seventh state in the United States to legalize sports betting since the United States Supreme Court lifted the federal ban on the activity in May […]
By Grant Mahon Pa. Slot Machine Revenue Slumps in AprilMay 3, 2019 On Thursday, May 2, the Pennsylvania Gaming Control Board (PGCB) posted on its website the monthly revenue report for the total revenue generated from slot machine gaming in the Keystone State for the month of April 2019. From the looks of it, things are not going too well for the slot machine industry. According to […]
By Grant Mahon Gaming Operators in India Under Fire Over GST PaymentsMay 1, 2019 India’s indirect tax department has begun questioning some of the country’s leading online fantasy and skill gaming companies such as Dream11 and others in a bid to ascertain whether there is a revenue leakage on of the methodology that these platforms use to calculate and pay the GST (goods and service tax). In other […]
By Grant Mahon MGM Reports Significant Drop in Q1 Profits for 2019April 30, 2019 Last Monday, renowned casino operator MGM reported revenue of $3.18 billion in the last quarter of the year ending March 31 – this represents a 13 percent year over year increase. Operating income casino for the casino also rose by 3 percent but the company’s net income plummeted by a whopping 86 percent to just […]
By Grant Mahon NetEnt Partners with DraftKings for New JerseyApril 28, 2019 NetEnt has inked a landmark online casino supply partnership deal with renowned daily fantasy sports and sports betting operator DraftKings for New Jersey’s regulated online gaming market. As per the of the partnership agreement, the newly signed bill will aid both DraftKings and NetEnt in their bids to increase their footprints in the regulated […]
By Grant Mahon Betsson Rebrands Its Dutch Facing Online Casinos PropertiesApril 26, 2019 Stockholm-listed online gaming operator Betsson AB has recently rebranded its two main Dutch-facing online casinos, Oranje Casino and Kroon Casino. As it turns out, this part of the company’s bid to distance itself from its “cowboy” past in the Netherlands. It has operated both online gaming properties in the country since 2014 when it acquired […]