News
Olympic Casino Faces €8.4 Million Fine Over Embezzlement Case
Lithuania’s Olympic Casino Group Baltija has been slapped with a substantial €8.4 million fine following a major investigation into its operations by the country’s Gaming Control Authority. The fine relates to regulatory breaches identified during the management of accounts held by Šarūnas Stepukonis, a former partner at BaltCap Fund, who is accused of misappropriating funds […]
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Revised Projections for Macau’s Gaming Revenue Amidst Market Adjustments
Investment banking firm Jefferies has revised its forecast for Macau’s gross gaming revenue (GGR) for the year 2025, setting the new expectation at MOP$240 billion (approximately US$30 billion). This adjustment reflects a 2% reduction from earlier predictions and aligns closely with the Macau government’s forecasts after a slower start to the year than anticipated. Analyzing market dynamics and visa policy impacts: This latest […]
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Cryptocurrency Revolutionizes U.S. Casino Market with Bitline and Choctaw Partnership
In an unprecedented move in the U.S. casino industry, Bitline, in partnership with Choctaw Casinos & Resorts and fintech giant Everi, has introduced a groundbreaking cryptocurrency-based liquidity system. This collaboration marks a pivotal shift, integrating digital assets into the casino financial ecosystem for the first time in a regulated American market. Revolutionizing casino transactions: Through the integration with Everi’s CashClub, a leading […]
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Romania Moves to Cap Gambling Expenses at 10% of Income
Romania is moving forward with a legislative proposal aimed at curbing problem gambling by restricting individuals from wagering more than 10% of their previous month’s earnings. If enacted, this new measure will impact both online and physical gambling establishments, including casinos, sports betting, and slot machines. The draft bill, currently under review by Romanian lawmakers, […]
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Hacksaw Gaming’s Strength of Hercules: An Epic Slot Adventure
The Strength of Hercules slot game by Hacksaw Gaming is richly themed around the legendary tales of Hercules, the demigod known for his superhuman strength and daring exploits. The game ingeniously weaves elements of Greek mythology into its gameplay, making each spin a narrative in itself, drawing heavily on Hercules’ renowned Twelve Labors. Core narrative and setting: Set against a […]
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Macau’s Gaming Sector Sees Increase in Tax Breaks for International Play
In a strategic move to fortify its position as a global gaming hub, Macau has escalated tax rebates for gross gaming revenues generated from international players in 2024. This initiative, detailed in a recent response by the Macau Government Tourism Office (MGTO) to legislator Lei Chan U’s inquiry, underscores efforts to widen the city’s international tourism markets. Regulatory enhancements and operator compliance: […]
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Flutter Entertainment’s Strategic Triumphs Lead to Remarkable 2024 Performance
Flutter Entertainment has successfully navigated a transformative 2024, solidifying its position as a leader in the global gaming and betting market. The company’s robust strategy and execution have yielded a significant uptick in both revenue and customer engagement, reinforcing its dominance, particularly in the U.S. with FanDuel, and expanding its influence across key international markets. Comprehensive Financial and Operational Highlights In […]
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BGaming Launches Alice WonderLuck, A Whimsical Slot Adventure
Embark on a spellbinding adventure with BGaming’s latest creation, Alice WonderLuck, a slot game inspired by the timeless whimsy of Lewis Carroll’s Alice in Wonderland. This innovative game brings a fresh digital twist to the classic story’s characters, enveloping players in a vibrant and slightly off-kilter world that mirrors the novel’s enchanting atmosphere. Innovative features and engaging gameplay: Alice […]
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Macau’s Gaming Revenue Rises in February, Boosted by Chinese New Year
In February 2025, Macau experienced a significant uptick in its gross gaming revenue (GGR), reaching MOP19.74 billion (approximately USD 2.46 billion). This marked a 6.8% increase from the previous year, driven largely by the festivities surrounding the Chinese New Year, which included the Golden Week holiday, a prime time for tourism and gaming in the […]
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DraftKings Agrees to $10M Settlement in NFT Class Action
DraftKings has agreed to a $10 million settlement to resolve a class action lawsuit challenging its NFT Marketplace and Reignmakers product. The lawsuit, which accused the company of offering unregistered securities, had been ongoing for nearly 18 months before both parties reached a resolution. The legal dispute, initiated by lead plaintiff Justin Dufoe in March […]
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