There is good and bad news about NJ sports betting and casino revenues in 2023. The state’s gambling sportsbook and casino operators set a record by winning almost $5.8 billion during the year, an eleven percent increase from 2022. Unfortunately, the news was not so bright for the nine casinos in Atlantic City. Even after …
Category: Gambling News
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The Philippine Gaming Industry Achieved Revenue Record in 2023
The Philippine gaming industry achieved a new milestone in 2023. It earned a record-breaking revenue that exceeded pre-pandemic numbers and predictions for the previous year. The Philippines’ gaming regulator, Pagcor, said that gross gaming revenue (GGR) for 2023 was P285.27 billion. According to pay per head reports, it increased 33.1% from P214.33 billion the previous …
UK Gambling Commission Fined Gamesys for Breaching Policies
The UK Gambling Commission fined Gamesys for violations from November 2021 to July 2022. Bally’s acquired the company in 2021. Also, the UKGC claimed there were instances the company failed to identify players at risk of experiencing harm related to gambling. In addition, its system could not identify problem gamblers and limit their deposits. According …
ACR Poker Backtracks on Poker Bot Challenge
ACR Poker, formerly Americas Cardroom, issued a poker bot challenge. They promised to give a $100,000 reward to anyone who can produce and operate a working bot on its platform. Thus, it was ACR’s way to prove it is one of the best online poker websites today. A 2+2 forum post said an invincible bot …
UAE Casino Market Has a Huge Potential
In September 2023, the United Arab Emirates established a federal gambling regulatory body. According to online casino software experts, it is the next step towards a legal casino industry in the country. Also, they said the UAE casino market has vast potential. On September 3, the General Commercial Gaming Regulatory Authority (GCGRA) was launched. Its …
Proposed Florida Daily Fantasy Sports Bills to Regulate the Industry
As the state prepares for the return of sports betting, lawmakers proposed several Florida daily fantasy sports bills. They aim to create a framework for the state’s gaming commission to regulate daily fantasy sports operations. Also, DFS operations have been in the legal gray area for years. With the rise of daily fantasy sports (DFS) …
Iowa Sports Betting Revenue Achieved New Record in December
The Iowa Racing and Gaming Commission released its revenue report for December. It showed that Iowa sports betting revenue reached a new milestone during the month at $26.2 million with a win percentage of 9.28 percent. The state achieved a new revenue record despite a 2.3 percent decrease in the handle at more than $282.7 …
Global Casino Gaming Equipment Industry to Reach $18.53 Billion by 2030
You can find casino gaming equipment in malls, casinos, and other entertainment venues. Casinos provide various games with different gaming accessories. Also, the casino industry will follow suit as consumers experience increased disposable income. Thus, there will be a high demand for casino equipment. In 2021, the worldwide market for casino equipment was worth USD …