Tina Mattson

Tina Mattson is a sports journalist and working as a freelance news writer for LasVegasCasinoNews.com. She loves to play casino games in her free time, and she has extensive knowledge about most of the online casino games.

NTL announces new Las Vegas headquarters
Betting

NTL announces new Las Vegas headquarters

By 9452 0

The National Thoroughbred League (NTL) is set to redefine the sports entertainment landscape. The league has announced opening a headquarters in Las Vegas for the same.

The move has been made to leverage Las Vegas’ growing status as a sports hub. Establishing headquarters in the region will expose NTL to more opportunities surrounding partnerships. Moreover, it will pave the way for more fan engagement in Las Vegas.

Tom Ludt, the president of NTL, talked about the recent move. According to Ludt, everyone at NTL is thrilled to be relocating the headquarters to Las Vegas. The move shows a strategic decision to align the league with a community that shares the same passion for entertainment and sports.

Las Vegas delivers an extraordinary platform for NTL to excel in, with an unmatched talent pool in event management and sports wagering, added Ludt.

In November 2023, Las Vegas hosted its first F1 race. The event attracted over 300k fans, helping BetMGM receive 3x the number of bets compared to any other Formula 1 race in history.

Similarly, Oaklands Athletics (Major League Baseball) also chose Las Vegas as its new headquarters location. The Athletics’ move came after the Las Vegas Raiders moved from Oakland to Las Vegas.

NTL is not the only company placing massive emphasis on Las Vegas. BetMGM, a renowned name in the gambling and sports wagering industry, also claimed to “unlock the city” in 2024.

BetMGM executives have already highlighted the massive appeal of Las Vegas, especially when it comes to customer acquisition. The operator witnessed a significant hike in bets during the F1 race in November. 

According to the betting news, Adam Greenblatt, the Chief Executive at BetMGM, also talked about the same. According to Greenblatt, recruiting a player in Las Vegas costs 27% more. However, they are also more than 130% as valuable.

Given the emphasis Las Vegas has been getting, the move by NTL seems natural, with immense potential in the future.

CT Gaming's sales team wins Romanian Gaming Industry Grand Awards 2023
Poker

CT Gaming’s sales team wins Romanian Gaming Industry Grand Awards 2023

By 9189 0

On December 14, 2023, the Romanian Gaming Industry Grand Awards 2023 showcased the top talent in the country’s gaming business, honoring innovation and excellence in a stunning ceremony. The evening was capped off by the most important award of the night, which was presented to the CT Gaming sales team. 

CT Gaming continues the rich tradition started by Casino Technology, a well-respected company that has been providing top-notch games, slot machines, and gaming solutions for over twenty-four years.

CT Gaming has been recognized for its outstanding contributions to the gaming industry by winning the prestigious “The Most Popular Sales Team in 2023” award at the Romanian Gambling Industry Grand Awards 2023. This noteworthy achievement marks CT Gaming’s Romanian team’s second consecutive year of recognition, highlighting the company’s unwavering commitment and consistent performance in the industry.

The glamorous event, attended by industry heavyweights, developers, and enthusiasts alike, took place at Bucharest’s Magic Place Crângași. However, the attention was on CT Gaming’s extraordinary sales team, whose outstanding accomplishments catapulted them to the peak of success. The team not only reached but exceeded sales targets with painstaking accuracy and persistent dedication, contributing considerably to the company’s healthy growth.

According to the poker news, Robert Stancu, the Sales Manager at CT Gaming in Romania, expressed his sincere gratitude and profound pride at being bestowed with this distinction. He further stated that the company is overjoyed to have been named the Most Popular Sales Team for the second consecutive year. It exemplifies the authentic commitment, diligent effort, and meticulousness that the group perpetually applies to their undertakings. 

The organization is delighted that its clients have acknowledged and appreciated its sincere, ambitious, and punctual dedication to providing its services, he further stated.

As the curtains fell on the Romanian Gaming Industry Grand Awards 2023, CT Gaming’s sales team stood strong, exemplifying the spirit of achievement and laying the groundwork for continuing success in the ever-changing world of gaming. The award not only cements their position as industry leaders but also Romania’s reputation as a center of gaming innovation and expertise.

GBank acquires BankCard Services to boost cashless gambling
Gambling

GBank acquires BankCard Services to boost cashless gambling

By 9435 0

GBank Financial Holdings has signed a merger agreement with BankCard Services, agreeing to conclude the all-stock transaction by buying $10 million worth of shares of the company. BCS will, after the completion of the merger, become a subsidiary of the bank.

Shares of company common stock were valued on October 27, 2023, with a closing price of $14.25 for every share.

BCS is a provider of cashless gaming financial solutions. Since its establishment in 2014, BCS has undertaken the development of proprietary banking solutions for all ecosystem partners. Its patented Pooled Player and Pooled Consumer Programs are two such solutions. The merger is anticipated to result in enhancements for both programs.

The merger transaction could close as early as the second quarter of 2024. It is subject to approval from shareholders and regulatory authorities. Also, it must meet all other customary conditions for the transaction to conclude seamlessly. Hanan Sabri, the President of BCS, will take over the position of Chief Operating Officer and President of the new subsidiary.

What makes BCS an ideal candidate for the merger is its ability to generate fees at a time when the market is in turmoil. It has also been able to source noninterest-bearing deposits. This has been termed extremely valuable, considering today’s interest rate environment is pretty solid.

A similar sentiment has been echoed by T. Ryan Sullivan, the Chief Executive Officer and President of GBank Financial Holdings and GBank. His statements from the press release reflect their excitement about the merger transaction and keenness to look forward to what the collaboration entails in the future.

Ryan has expressed confidence that the intellectual property and licensing opportunities of BCS will generate a significant upside for them.

Edward M. Nigro, the Manager and Chief Executive Officer of BCS, has said that the strategic association will enable GBank to harness the proprietary solutions of BCS. This includes licensing their IP to other financial institutions. On a similar line, expectations are that the merger will do wonders for the Gaming Fintech Division of GBank.

There is widespread interest in gaming and online sportsbooks; however, reports have highlighted that gamers continue to face friction with their payouts in today’s world. Given the option, gamers have shown a higher interest in receiving instant disbursements.

Meanwhile, Global Payments and Shift4 Payments are considering concluding terms and conditions for an acquisition deal. Global Payments would acquire the latter if the deal goes through. Notably, both parties are holding discussions, and there is no clarity that the deal will see the end of the tunnel.

GBank and BankCard Services are joining hands to fill the gap that the customers have been facing for a long time. The objective is to expand cashless gaming solutions. The all-stock merger deal will see the bank hold shares worth $10 million as BCS makes a transition to become a subsidiary of GBank.

Pariplay eyes North American expansion with Tipico's US arm
Gaming

Pariplay eyes North American expansion with Tipico’s US arm

By 9690 0

Pariplay, a subsidiary of tech-driven iLottery and iGaming solutions provider NeoGames, has inked a deal with Tipico’s US division, paving the way for even further growth in the US market.

Under the terms of the agreement, Tipico customers in New Jersey will have access to a variety of Pariplay’s content, including games from its Wizard Games series and some aggregated content from its Fusion service.

NeoGames, the parent firm, has announced that its subsidiary, Pariplay, is getting ready to expand its operations in the North American market.

Tipico, for its part, is a leading online sportsbook and online gaming operator. The organization offers cutting-edge digital entertainment in addition to captivating gameplay coverage across 30 distinct sports. Recently, the online casino in New Jersey reintroduced a brand-new and well-established platform developed entirely in-house.

The content held by Pariplay will be ready for integration in the first quarter of 2024. The current collaboration is a continuation of an existing connection. Tipico is a known Pariplay customer in European markets.

Amidst all of this, Pariplay will remain focused on its expansion plans throughout certified states and introduce its Wizard Games and Fusion content. There will be the onboarding of various other operators in the region, such as Rush Street Interactive and Hard Rock Digital. 

According to Tsachi Maimon, President and Head of iGaming at NeoGames, it is a tremendous opportunity for them to offer iconic titles to Tipico US through their rebuilt online casino in New Jersey at the beginning of 2024. According to him, they intend to actively distribute their Wizard Games and Fusion content in order to attract more North American gamers.

According to Tipico’s US CEO, Adrian Vella, the ability to offer Pariplay’s content to its consumers in 2024 will be a huge benefit with the introduction of their newly organized online casino facilities in New Jersey. He is confident in their Wizard Games as well as the Fusion collection, which will further reinforce their position in the North American gaming industry.  

NFL Commissioner teases Las Vegas big game success
Sports

NFL Commissioner teases Las Vegas big game success

By 9283 0

The NFL Commissioner, Roger Goodell, has announced that the NFL is heading towards the big game in Las Vegas. He has said that the buzz for a game has never been higher. Considering the event is happening in Las Vegas, the excitement is naturally at its peak among fans and partners.

Super Bowl 2024 is still 68 days away, yet the game has already earned the title of “Big Game” in NFL history. CBS Sports has stated that they are nearly prepared for the evening, with plans to deploy 110 cameras on the field. This contains 20 4K zoom devices for the best possible picture and replays, 3 drones, 20 pylon cameras, and 5 aerial cameras. These will be displayed at Allegiant Stadium on February 11, 2024. The goal is to cover the game from every angle imaginable.

Sean McManus, the Chairman of CBS Sports, has said that they are ready to showcase not only the game but also what Las Vegas can offer in all its glory. Sean has expressed confidence in Las Vegas, saying that it will be an incredible backdrop to the biggest showcase.

Both tickets and ad spaces are sold out. Ad spaces, sought after for $6 million–$7 million for a 30-second duration, reflect the immense popularity of the event, drawing attention from various industries, including NFL betting sites.

The excitement can also be measured by Goodell’s statement, wherein he says there will not be enough inventory to take care of everyone’s demands. Goodell’s statement hints at the facilities being used to their maximum capacity due to the high demand. Suite sales plus ticket sales are off the charts, exclaimed Goodell.

Las Vegas is now the only city to have hosted the Pro Bowl, NFL Draft, and Super Bowl. Goodell, based on the current success of the event, has said that while this is the first time it has happened in Las Vegas, it is certainly not the last time for the city to be hosting the league.

Steve Hill, the Chief Executive Officer and Chairman of the Las Vegas Convention & Visitors Authority has called their association with the NFL a remarkable partnership, adding that they are glad to be a part of the event that has changed the course of Las Vegas.

The NFL has concluded Week 14 of 18 with the Bengals beating the Jaguars 34-31. Week 14 of 18 will begin with the Steelers locking horns with the Patriots. The last game of the event went to OT where the Cincinnati Bengals clinched three points to break the tally. They were led by Jake Browning, who covered 354 yards for 1 TD. Trevor Lawrence’s 2 TDs for 258 yards went down the drain when the side could not capitalize in the crucial moment.

All the involved personnel are confident that the Super Bowl will deliver an exciting experience to fans and partners. There is also speculation that Las Vegas will be hosting many more events like these in the future.

BetMGM's vegas-style extravaganza at Newcastle Racecourse
Betting

BetMGM’s vegas-style extravaganza at Newcastle Racecourse

By 9423 0

This weekend, BetMGM will be coming up with an event similar to Vegas at the Newcastle Racecourse. The welcome attendees will be the prime ticket owners above the age of 18 who have the BetMGM application installed; however, there will be options for winning tickets via BetMGM’s social media platforms.

As per the latest betting news, The Lounge is being set up near the Horsewalk and will come with refreshing treats for the pleasure of the attendees. Added to that will be entertainment and viewing exposure. Live musicians will provide unparalleled melody, along with magic shows, and guests will have the opportunity to engage with casino games and horse racing simulators.

Players participating in casino games like roulette and blackjack will have a chance to win a $126 STK voucher. Every player venturing within the lounge will be offered a free BetMGM branded scarf.

According to the UK Director of BetMGM, Sam Behar, it will be a pleasure for them to have racing enthusiasts enter the BetMGM lounge at the Fighting Fifth Hurdle. They will be exposed to a thrilling racecard, along with the actual feel of Las Vegas-type entertainment. They will also have a view of Constitutional Hill at the luxurious lounge. 

In the case of the Fighting Fifth Hurdle, it is a high-standard hurdle race that is spread over two miles, the venue being the Newcastle Racecourse. It began in 1969 to commemorate the Royal Northumberland Fusiliers, an infantry regiment of the British Army.

The race is the initial stage in the Triple Crown of Hurdling, and the present sponsor is BetMGM. The company had been involved with Newcastle before this and went along with a long-term association with Newcastle United Club toward the beginning of 2023.

Circa Sports elbowing competition in sports wagering
Betting

Circa Sports elbowing competition in sports wagering

By 9357 0

Circa Sports is marking its territory in the sports wagering arena and taking on the local competition head-on. This is followed by its spreading its operations within various other states. The company is going against the tide and encouraging big-time betting. 

Circa Sports is a part of its parent company, Circa Resort & Casino, in downtown Las Vegas. It will acquire the Silverton Casino sportsbook segment on the 1st of January, 2024. Circa involves three sportsbooks: the Tuscany Suites & Casino, The Pass in Henderson, and Legends Bay Casino in Sparks. Towards the beginning of 2024, Circa, in all probability, will be released in Kentucky, along with its present presence in Illinois, Iowa, and Colorado. 

The major owner of Circa is Derek Stevens, who approached the Nevada Gaming Commission for consent to carry out business in Silverton. In his opinion, considering the success stories where they are running their business, Nevada is the next obvious choice. He laid stress on the popularity of the Chicago NHL Blachawks in Illinois.

According to Jeffery Benson, Director of Operations at Circa Sports, they aim to follow their successful model in all states. The Blackhawks have set an example of their overall modus operandi for their activities in other territories beyond Nevada. 

He added that Circa helps bring more clientele to the resort in Nevada. People have an underlying fascination to explore Nevada further, and their company acts as a catalyst for this. They aim to set up a business in Michigan.  

The nation witnessed the association between ESPN Bet and Penn Entertainment. Still, it failed to deter the confidence of Benson, who considers both competitors no match against their standing and strategies. He stresses that they are unique, which keeps them ahead of the crowd. He does mention FanDuel and DraftKings but with a slight smirk, which needs no words of his opinion on them.  

Circa accepts wagering between $20,000 and $60,000 for college football and between $100,000 and $200,000 for NFL. Their goal is to get further market share. They take the risk of higher stakes in wagering as it is more lucrative for them and keeps them away from the hordes. 

In Stevens’s words, the bookmaking space is changing by the day, and various algorithms assist in forming guidelines for in-game wagering. Circa has always maintained its way of functioning.

Caesars and MGM receive consent to extend the contract
Casino

Caesars and MGM receive consent to extend the contract

By 10022 0

Culinary members, a group of 226 people, readily agreed to the five-year contract extensions with Caesars Entertainment and MGM Resorts International. Caesars executives accounted for 99 percent of the votes cast. A comparable account pertained to the MGM employees. Employees of Wynn have not yet voted.

Employees demanded a higher salary, greater work-life balance, and a lack of technological interference. Each employee will receive a 10% raise, according to union representatives. Upon completing the five-year contract, they will receive a total raise of 32%.

This is exactly how the Screen Actors Guild and Writers Guild took a stand against using AI in terms of TV and moviemaking. The casino businesses were also involved, resulting in the retrenchment of their workers.

As per the new contract, the workers require a six-month notice period prior to the entry of AI technology. The unions need to be a part of the selection of prototypes and vendors.

However, no commitments have been made regarding job losses due to the introduction of AI. The concept posits that companies must perpetually expand. Employees will not receive specialized technical courses to familiarize themselves with the AI sector.

In the case of employees receiving the ouster, they will get $2,000 in the form of severance according to their years of employment. Added will be six months of health and pension advantages. One cannot take it for granted that the Wynn workers will agree to all of this.

In the case of MGM Grand in Detroit, the workers are currently striking despite their co-workers at Motorcity Casino and Hollywood Casino in Greektown consented. Even if Wynn workers agree, there is still every chance for a strike. 

The three companies run multiple casinos, yet since there are 24 independent casinos on the Las Vegas Strip as well as in Downtown Las Vegas, there has been no conclusion with the union.  

Play'n GO brings holiday cheer with Invading Vegas: Las Christmas
Gaming

Play’n GO brings holiday cheer with Invading Vegas: Las Christmas

By 9996 0

In a unique blend of holiday cheer and extraterrestrial excitement, Play’n GO has announced the launch of its latest online slot game, “Invading Vegas: Las Christmas.” This ingenious heading combines the essence of Christmas and sci-fi elements by introducing alien visitors that accidentally land on Earth now. Following the success story of “Invading Vegas,” a five-reel slot with several more exciting features is set to offer another engaging experience in the game.

Its plotline is even more extraordinary than its entertainment value. Following a crash with Santa’s sleigh, a group of amusing UFOs bestows the blessings of Christmas. Nonetheless, Play n Go ingeniously constructs an alternative conception of holiday-themed games by employing such a narrative. The one-of-a-kind slot machine game attempts to captivate players with its captivating game design and visually appealing graphics, which include Christmas-themed elements infused with an extraterrestrial aesthetic.

“Invading Vegas: Las Christmas” is characterized by several peculiar elements, one of which is Mystery Symbols, which appear randomly on the reels of players but can transform into Wild Symbols. In addition, they feature multipliers that have the potential to increase the reward by a factor of two, three, five, or ten.

The excitement level increases after accumulating three scatter symbols in the base game and the free spins round is unlocked. The initial 12 spins of the game heighten the anticipation and exhilaration of players as they participate in thrilling gameplay.

Another innovative thing is the Lock On Re-spin mode. It is time to lock on and re-spin whenever a full stack of any symbol appears on reel one, followed by a full stack of a matching symbol or Wilds on reel two. However, the re-spin feature is activated if there are no matching symbols on the third reel. 

This new addition to the game involves moving into ‘the bonus mode’ whereby if the third reel didn’t contribute towards a win, there would be increased chances of receiving some payment. The other feature included is the stacked wilds that become walking wild and move to different reels after the respin.

Magnus Wallentin, Game Ambassador for Play’n GO, also expressed his excitement about this new game. He emphasized the challenge and fun of mixing two different things, such as sci-fi and Christmas, to create a new one. Wallentin likewise stated that with its great attributes and out-of-the-box concepts, this game could become one of its followers’ annual favorites during the festive period.

“Invading Vegas: Las Christmas” is the most recent integration of a space-themed slot machine into Play’n Go’s library. Alongside notable titles, including Sparky & Shortz Hidden Joules and Captain Xeno’s Earth Adventure, the game is ranked alongside them. Furthermore, it bridges the divide between its slot machines featuring a Christmas motif, such as Xmas Magic and Naughty Nick’s Book.

The release showcases Play’n GO’s commitment to providing a wide range of high-quality games. The company consistently challenges conventional limits by integrating diverse themes and genres into its merchandise, thereby captivating players worldwide. By doing so, it solidifies its position as the prevailing entity in the realm of online slot gaming.

Vivid Seats acquires Vegas.com for $240 million
Casino

Vivid Seats acquires Vegas.com for $240 million

By 9980 0

Vivid Seats, a ticket exchange situated in Chicago, has acquired Vegas.com for $240 million. The payment was made partly by cash and partly by stock. This will help Vivid Seats raise its total addressable market (TAM) by over $6 billion. The company is known to be the third-biggest ticket exchange on the Web. 

According to the CEO of Vivid Seats, Stan Chia, they are pleased to receive the opportunity to increase their TAM following the buyout of Vegas.com. It is now comprehensible, in his opinion, that live events are gaining in popularity over time.

Vivid Seats, which trades on the NYSE and Nasdaq under the symbol SEAT, will enter the Las Vegas arena event ticket market competition with Ticketmaster and StubHub following the acquisition of Vegas.com.

Vegas.com offers a comprehensive selection of tickets, including those for Las Vegas concerts, entertainment zones, and tours, in addition to tickets for hotel and flight reservations. This has been feasible since its establishment in 1998, owing to its exclusive partnerships with regional event organizers and administrators. The Las Vegas Sun newspaper and its proprietor, the Greenspun Corporation, were co-founders.

According to the casino news, The Chicago Tribune came out with an article in 2005 claiming that Vegas.com was on the list of the 50 most sought-after travel websites. In 2015, Remark Media, now called Remark Holdings, took over Vegas.com for $15.5 million in cash and $9.5 million in stocks. 

In August, Vivid Seats took over Wavedash, which is a Japanese online ticket exchange, for $61 million in cash. Following that was the acquisition of Vegas.com.    

The company Vivid Seats was formally established in 2001 under the leadership of Jerry Bednyak. Bednyak assumed leadership of the technical division, while Eric Vassilatos oversaw the organization’s finances. Two private equity firms were present at the time: Vista Equity Partners in 2016 and GTCR, which acquired a significant stake in Vivid Seats for $575 million in 2017 and subsequently made investments in the company.

Currently, Vivid Seats is known to have a market capitalization of $1.22 billion. 

Vegas Pro Volleyball gets its schedule for the 2024 tournament
Sports

Vegas Pro Volleyball gets its schedule for the 2024 tournament

By 9671 0

The Pro Volleyball Federation has released the schedule for the tournament that will be played in 2024, marking its debut as the 7th team in Vegas Pro Volleyball. It will be coached by Fran Flory, who is credited as an LSU Hall of Fame Coach. The other five teams participating in the tournament are Columbus Fury, Atlanta Vibe, Omaha Supernovas, Grand Rapids Rise, and San Diego Pro Volleyball.

The inaugural season of the tournament will start on January 24, 2024, marking the beginning of the first week. It will run for 16 weeks, with the tournament ending on May 12, 2024. The top four teams will compete in the Pro Volleyball Federation Championship from May 16, 2024, to May 19, 2024.

All eyes are on Las Vegas, for the region is bringing its team to the tournament as a debutant. It will start its tournament on the road, away from the home area. The first match is on February 7, 2024, at Omaha. This will be followed by a contest with Orlando at their home field. Interestingly, Las Vegas does not have a home arena as of now. However, there is a chance that authorities will soon announce good news in the next few weeks.

Vegas Pro Volleyball will host Omaha in their home arena on February 15, 2024, which is a part of the 4th week of the tournament.

Next, Vegas Pro Volleyball will welcome San Diego in the 5th week on February 19, 2024, along with Orlando on February 22, 2024. The same week will see Columbus compete with them on February 24, 2024. Vegas will be on the road once again to play Columbus and San Diego on February 26 and February 29, respectively.

According to the sports news, the 7th week has a blend of home and away sentiments, with the first scheduled at their home and the second event in Atlanta.

They will be welcomed in Columbus and Grand Rapids on March 11 and March 17, respectively. The 9th week only has a single game for Vegas Pro Volleyball at the end of it. San Diego’s visit will happen on March 24. Vegas Pro Volleyball has a busy schedule for the following weeks.

Week 10 places them on the road to Omaha on March 30, followed by a week of rest. The Vegas Pro Volleyball team hosts Atlanta on April 8 and travels to Grand Rapids on April 13. Week 12 brings back the excitement for Vegas Pro Volleyball.

Vegas will host two events in their backyard: Columbus on April 17 and Grand Rapids on April 20. Week 14 again brings two road events: San Diego on April 26 and Atlanta on April 28. Week 15 has a single home game wherein Vegas Pro Volleyball hosts Orlando on the first day of May. The concluding week will commence with Vegas having Omaha and then taking the road to Orlando.

US Court rejects antitrust lawsuit against Las Vegas hoteliers
Casino

US Court rejects antitrust lawsuit against Las Vegas hoteliers

By 10453 0

Miranda Du, the chief US district judge in Nevada, has disregarded a proposed lawsuit against the major actors in the Las Vegas hotel industry. Inclusions included MGM Resorts International, Caesars Entertainment, and others. The allegation was that the hotels had increased their accommodation rates in violation of U.S. antitrust law.

Judge Du issued a 13-page order in which numerous factual mistakes were noted with regard to the consumer action against the targeted hotels. Since the defendants in this instance are unwilling to accept any misdemeanor on their part, the judge declined to comment on the antitrust problem.

Added to the names in the lawsuit were Wynn Resorts, as well as Treasure Island and Cendyn, which is a company involved in developing revenue management software targeting the hotel business. The prosecutor, attorney Steve Berman of Hagens Berman Sobol Shapiro, however, divulged their game plan of filing an amended complaint in a month to be able to satisfy the court.  

According to the casino news, the initial lawsuit spoke of a class action position for consumers who had booked into a hotel on the Las Vegas strip. Ever since 2019, it has been the most sought-after entertainment hub in the southern part of Las Vegas. As per the allegations made by the Florida and Washington residents, the hotels utilized data obtained from Cendyn, which is an affiliate of Rainmaker, for misappropriating rates of rooms. 

Accusations have been made that Rainmaker was involved in gathering restricted price-related data from all of the hotels mentioned and suggesting rates via multiple algorithms. In this scenario, Judge Du was of the firm opinion that nowhere is it being proved that the concerned hotels were following the price algorithms or had consented to do so. 

Judge Du further added that the plaintiff’s allegations did not match up with the fact that it was necessary for the hotels to adopt the rates suggested by the Rainmaker software or that they were compelled in any way. 

Novomatic launches VIP X Series in Las Vegas
Gaming

Novomatic launches VIP X Series in Las Vegas

By 10114 0

Novomatic has announced the launch of the VIP X Series, a premium product line in G2E Las Vegas. The aim here is to offer the best VIP experience to players while leveraging the best of land-based gaming. It brings together the elements of social, emotional, and sensory stimulation.

Interestingly, the introduction includes comfortable chairs, an integrated sound system, and wide gaming screens. This will give an immersive gaming experience to players and a reason for them to visit the venue. While it could sound less fascinating, the comparison is sure to be done with players who will be missing out on the offerings.

Las Vegas remains at the center when it comes to entertainment. There were several reasons for players to come here for the first time or to return at their convenience. Now, there is a reason for them to stay a little longer, which makes sense, considering they will be given VIP treatment during their stay.

Offerings feature the following by Novomatic:

  • VIP X Royal 1.85
  • VIP X Dream 3.43
  • VIP X Lounge 2.32

Every other element mentioned before this is on top of that, helping operators attract a larger crowd now.

According to the gaming news, the Vice President of Global Sales and Product Management for the brand has said that operators should not just think big but also use the USPs they have. Thomas Schmalzer has added that they aim to nurture the same thing by focusing on different aspects. Thomas is confident that operators will be able to introduce an exceptional X-perience on their floor to offer their guests what they deserve.

The development comes two months after Novomatic’s venture in Romania confirmed its participation in the Entertainment Arena Expo. That will be the 15th edition of the event. It is regarded as the most prestigious event in the B2B category. Novomatic will feature itself in stand #101. Diana Munteanu will be the counter’s host. Diana has been accompanying the brand for the last 2 years and is now looking forward to welcoming visitors to this edition.

The event dates back to early September 2023; however, mentioning that at the moment establishes how well Novomatic does when it comes to engaging with the community. For instance, there were exclusive prizes for the winners of the surprise tournament along with signed copies by the brand ambassador, Ilie Nastase – representing admiral.ro.

Another step taken by Novomatic is pushing for a new management structure. It pertains to the African arm; however, it signifies how serious Novomatic is about backing its first-class products and services in different market segments of South Africa.

Novomatic is stepping up the game in Las Vegas by ensuring that players have a VIP experience. The new sophisticated VIP X Premium line is expected to support operators in providing an exceptional experience on their floors.

Konami showcases new gaming and systems technologies at G2E
Gaming

Konami showcases new gaming and systems technologies at G2E

By 10623 0

Konami participated in the Global Gaming Expo (G2E) in Las Vegas in 2023. The attendees were captivated by the iGaming portfolio of the company. It included casino gaming and system technologies. The company displayed titles such as Stuffed Coins, Dragon’s Law Fortune, and the most recent All Aboard games. 

However, the company’s latest slot machine cabinet, Dimension 43×3, was the highlight. In addition, the SYNKROS casino management system (CMS), with features such as the Konetic employee mobile application and SYNK31 Title 31/Anti-Money Laundering (AML), was implemented.

Online gaming, historical horse racing (HHR), and the company’s video lottery terminals (VLT) were on display for attendees to try out. 

As per the Senior Vice President and Chief Games Product Officer of Konami, Gerard Crosby, the expo provided the option of not only exhibiting one’s products but also the option of interacting with the who’s who of the iGaming industry. 

At the expo there were interactive sessions, casino gaming events,  as well as a series of stacked screen and portrait screen machines going by the names of Lucky Honeycomb Fortune and DIMENSION 75C. 

With features such as an in-demand Attendant Pays module, the Konetic employee mobile application drew widespread attention. In addition, the Konetic Patron employee model enables the casino teams to onboard new consumers and reprint cards during the transition.

According to the Senior Vice President and Chief Systems Product Officer at Konami Gaming, Tom Soukup, the incorporated innovations of YNKROS such as Konetic, SYNK 31, SYNK Vision, and Progressive Management help to save time and are necessary for the company’s constantly increasing user base. Their aim is to support casinos internationally with the help of the newly introduced features for taking forward their businesses.

Aces' Q1 against Liberty in Finals Game 2 set a record
Sports

Aces’ Q1 against Liberty in Finals Game 2 set a record

By 10007 0

The Las Vegas Aces made history against the New York Liberty in the second game of the WNBA Basketball Final series at Michelob Ultra Arena. They are now headed to secure a series win by clinching Game 3 in their favor, becoming the first team to do so in the history of 21 years.

Chelsea Gray found the chance in a restricted zone to dribble and go for the trademark mid-range jumper by circumventing Kayla Thornton. It entered the basket when the clock was only 2.6 seconds away from the buzz. That became the highest-scoring Q1 in the game, with the Aces sporting 38 points over the Liberty’s contribution of 19 points.

A’ja Wilson, a two-time MVP, led the quarter, who brought 12 points for the side. Kelsey Plum’s 9-pointer followed her. This has brought their offense rating to 190. This surpasses the previous record of 162.5. All-star Kelsey Plum has said that it was the confidence in each other to knock the game point no matter who had the chance. We have a lot of faith in each other, Plum added, and then said that it was just a testament to playing team ball.

The New York Liberty formed a comeback trial in the second quarter with an edge of 11 positive points. They were 25 against 14. However, the story ended at that point, with both teams returning from halftime and the Aces again regaining control of the basket. Both the remaining quarters saw the Aces thrash the Liberty by wider margins. It was a final tally of 104 against 76 that was ultimately ruled in the books.

Michelob Ultra Arena hosted the second game of the basketball series. This was the second consecutive game at the venue. The action will return to Barclays Center for the third game, with hopes that the Aces will make history by making a clean sweep, affecting many odds at basketball betting sites.

The spirit of the game has been high since Game 1, evident from the fact that the Aces bagged 99 points while the Liberty were restricted to 82 points. The first half was a neck-to-neck contest, with the Aces struggling to find the edge. However, the tables turned after halftime when the Aces finally found the breakthrough for the win. Jackie Young and Kelsey Plum contributed 26 points each throughout the run. They were supported by the 20-point contribution of Chelsea Gray and a 19-point contribution by A’ja Wilson. It would only be right to state that they all carried the momentum to Game 2.

There are three more games to be hosted in the series. While the Aces are just a single win away from clinching the series, the Liberty must pull up their socks for the entire remainder to save themselves from the embarrassment of a historic loss.

SportsCastr sues Sportradar, Genius Sports for patent infringement
Betting

SportsCastr sues Sportradar, Genius Sports for patent infringement

By 10610 0

SportsCastr has filed two separate lawsuits against Sportradar Group and Genius Sports Limited for patent infringement relating to the company’s core interactive streaming technology. Both firms are critical components of the technological foundation for the multibillion-dollar sports betting and interactive video businesses.

Regarding SportsCastr it is a sports technology company with original cloud-based software that provides interactive viewing exposure to various verticals, such as the media, associations, and sportsbooks. This allows their users to be connected to real-world odds while concurrently placing bets while watching a sporting event.

SportsCastr has filed lawsuits in the US District Court of Texas, the cases coming under the numbers 2-23-cv-00471 and 2-23-cv-00472. As per the Interactive Chairman of PANDA, Donald Schupak, they have carried out a significant amount of investment in developing the concerned technology and will not allow any breach of their patent. Besides, in his view, both the companies on their radar are their direct competitors. 

With the help of their patented technologies, PANDA has been instrumental in introducing a number of video streaming products to the market. The top sports media companies, leagues, and sportsbooks all use PANDA Interactive’s B2B Watch and Bet platform, which is one of these products.

According to the CEO of PANDA Interactive, Kevin April, the connection between media and sports betting is an integral part of taking the player’s exposure to the next level. He added that PANDA came out with its technology before legalizing sports betting in the US. Since the technology comes with a patent, no company has the right to breach it and gain benefits from it. 

According to Andrew Schupak, the Interactive Chief Strategy Officer of PANDA, the technology that PANDA possesses is in fact a game changer for sports bettors and sportsbooks. With the coming together of betting odds and live broadcast, PANDA’s platform does away with interrupted transactions, lessening decision-making tensions and furthering players’ involvement. The legal case filed by PANDA is being fought by King & Spalding. 

SportsCastr was officially established in 2016. The company is engaged in developing new-age technology that provides the option for online sportsbooks, sports media, leagues, and betting subsidiaries to carry forward involvement and increase earnings via their unique content. The highlighting product of the company is PANDA Studio, which is a benchmark Watch and Bet platform that allows users to view live events. 

PANDA CUB, an AdTech solution for sports media and betting companies, has also been released. This system uses artificial intelligence to scan papers for betting-related keywords like team and player names and then applies a variety of odds-related tweaks. The company has the necessary license to operate as an online sports betting service, is active in more than six states, and is backed by a team of advisors and investors.

MGM expects $100M Q3 earnings drop owing to ransomware
Casino

MGM expects $100M Q3 earnings drop owing to ransomware

By 10228 0

The shares of MGM Resorts International saw a downward slide following the ransomware attack on the company. The casino operator also anticipates third-quarter revenue will see a shortfall of $100 million. The figure is before EBITDAR. This includes taxation, interest, depreciation, amortization, and the cost of rent. 

The cyber attack was responsible for creating obstacles with regards to MGM’s local business. This includes the Las Vegas Strip as well as the local casinos. This unfortunate situation lasted ten days, and the hacking was apparently done by a hacking syndicate called Scattered Spider. The syndicate followed its modus operandi with Caesars Entertainment, as well as various more famous businesses involved in different verticals. 

MGM Resorts took the initiative to file Form 8-K with the Securities and Exchange Commission (SEC). The company mentioned the fact that it had come under a $10 million loss due to the hacking in the third quarter. The expenses involved advisory services, legal fees, and other third-party fees. The guest occupancy figures, too, went down before September, when the situation was somehow under control. The occupancy level was 88%, whereas during the same month in the year before, it stood at 93%. This is because the online facilities for carrying out room bookings were blocked. 

According to the casino news, The CEO of MGM, Bill Hornbuckle, issued notifications to its customer base, mentioning the fact that the hackers were able to breach the system and gain access to the names, contact details, and other personal information of certain customers who were involved with the company before March 2019. Some social security and passport information was also tampered with.  

For one month now, the MGM shares have seen a downward slide of 20%, which brings them into bear market space. The stocks stand at 32.25% less than their two-month high. The money that was paid to the hackers apparently came under cyber insurance.

MGM and Caesars are facing this most unfortunate situation at a time when experts are of the opinion that there will be an upcoming recession scenario. 

MGM has not divulged any date regarding its 3rd quarter earnings. However, it is presumed to be somewhere around November 1, 2023. Once the date is made public, it will be easier for analysts to comprehend the exact effect of the cyber breach.

As per the filing with the SEC, MGM assured that the seriousness of the matter was controlled in September and was expecting a better present quarter. The company places more faith in the 4th quarter earnings and attributes them to the upcoming Formula 1 in November 2023.

Formula One Group faces inflation before Las Vegas Grand Prix
Sports

Formula One Group faces inflation before Las Vegas Grand Prix

By 10871 0

Yet, it goes without saying that the Group is confident of pocketing massive revenue and profit from the event. Formula One Group will be in Las Vegas on November 18, 2023, to host a global racing event. What is coming out as a concern is the rising inflationary cost. This includes material and labor costs, among others.

The initial estimate was that only $210 million would be spent, and the revenue would dance around $500 million. There is no shift in the revenue projection, but the spending has overrun to $400 million. This practically breaks the earning projection by more than 50%, with the fear that the price could still touch the double mark.

According to the casino news, Greg Maffei, the Chief Executive Officer of Liberty Media, has acknowledged the situation and stated that they are barely concerned with it and do not expect any change in revenue or profitability. Greg has also expressed support for the incremental capital investment that the Group is making for the event.

Having said that, one factor that boosts optimism among the community of race enthusiasts is the element of local revenue. Operators in the region are expected to earn somewhere around the prediction of the Super Bowl. The event is slated for February 2024 in Las Vegas. It brings a lot of financial benefits to the venue and the operators residing there.

For instance, hotel rooms are witnessing heavy booking demands. Most top-tier rooms have already been booked and, hence, allocated to the concerned parties. These rooms have either no refund policy or a limited refund policy. Rooms that have been left behind cost less and fall into the lower tier. Barry Jonas, an analyst from Truist Securities, has explored this portion to conclude that the fall in room rates is credited to lower-tier or economy-class hotels.

Simply put, prices are not going down, but the tier of room booking represents a different cost altogether. Jonas has also pointed out that there is a living belief that the November weekend would be the highest-grossing gaming event in the history of Las Vegas.

Gaming revenues in Las Vegas have also reported taking a hit during inflationary times. Gaming executives have come forward to speak their minds, saying that the trend has affected how people spend in casinos or even visit casinos physically. The number of visits has come down since fuel prices have increased.

Impulsive spending on gaming sites has gone down too. Las Vegas is a venue for players who look to entertain themselves over the weekend. Inflationary trends have affected every possible segment in Las Vegas; however, executives are confident of pulling off a significant win at the time of the event. Gaming executives are also convinced that the industry will bounce back to normal once interest rates are adjusted, and inflation is well within bounds.

Venetian Las Vegas unleashes gaming lounge
Casino

Venetian Las Vegas unleashes gaming lounge

By 10696 0

Venetian Las Vegas delivers its latest high-limit gaming lounge, which will be positioned on the Palazzo casino floor. The artistic and architectural brain behind the lounge is Wimberly Interiors, and it will be spread over an area of 15,000 square feet. There will be a designated section for table games and another for the most advanced and popular slot machines.

According to the casino news, the high-limit club will feature an elegant bar, cashiers, private facilities, and a dedicated host exclusively for the use of the VIP patrons. Andrew Pollard, who is the seasoned mixologist at the resort, will be introducing a cocktail event with hand-made recipes as per Italian taste. There will be 67 new-age slot cabinets providing a mixed array of games, from conventional ones to video games and single- and multi-hand poker. A couple of the games will have jackpots crossing $2 million. 

Participants in the games will have the opportunity to choose from among 18 different tables, each of which will include a different gambling game, including craps, baccarat, blackjack, roulette, and Ultimate Texas Hold’em. Eleven millionaires have been minted using the resort’s Millionaire Progressive, which will now be connected to Ultimate Texas Hold’em games. Every game will incorporate the idea of self-play, which will allow jackpot payouts to be made more quickly.

According to the President and Chief Executive Officer, Patrick Nichols, the high-limit lounge was created with the top priority being the ultimate gamer exposure to all taking part in the available games. The idea was for all genres of players to be able to visit the property and experience the sheer bliss of playing the games. In the near future, The Venetian will be going through $1 billion worth of restructuring.

Analyst praises Caesars for showing reduced latency
Betting

Analyst praises Caesars for showing reduced latency

By 10528 0

An analyst from Wells Fargo has praised Caesars Sportsbook for displaying betting odds with reduced latency. This is a huge win for the platform, as it means that more people are likely to place in-game wagers. Daniel Politzer said this in reference to the way Sunday Night Football was put up for the audience on the platform.

Latency refers to the delay between the capture of images and their display to viewers. In cases of higher latency, players are never sure about getting betting odds from the sportsbook operator. However, with reduced latency, they can ensure the odds are better. DraftKings and FanDuel were previously leading the market. With an improvement by Caesars, the spots could be up for exchange in the days to come.

The NFL and the race are underway to offer better betting options. Daniel has said that the live stream by Caesar during the first week of the NFL was better, with an improvement of 20–30 seconds. They added that this will only help the platform in the future as technology is evolving and innovatively taking over the way one views games. Daniel is also optimistic that this will significantly develop the ecosystem of online NFL sports betting and media.

A second reason why reduced latency is essential is because the odds change constantly. Some competitions are so challenging that the odds change after every action. Players run the risk of obtaining access to unsatisfactory odds if they are only updated during the break. A solitary touchdown or home run, for instance, can alter the entire course of a game. If technology is implemented slowly, it can reduce the number of individuals placing wagers during a game.

The change, needless to say, will be more evident in the long term than in the short term. Latency, once reduced to the best extent possible, will no longer be a problem.

Daniel has called this a marquee development, adding that while they don’t expect fans to change their preference for viewing the game, they definitely expect that the sports or media industry will largely benefit from low latency after live NFL games and betting are showcased on a single screen. The same factor is likely to help them secure better sports media rights.

Caesars must anticipate implementing such innovations because its rivals are continuously innovating to improve the gaming experience for their customers. DraftKings, for example, has signed a sponsorship agreement with NFL RedZone. This is a session in which multiple games can be viewed concurrently. DraftKings becomes a desirable brand by securing sponsorship rights for RedZone, which allows it to attract many eyes.

This development has yet to be confirmed by either party; however, reports have surfaced that an official announcement could soon be made.

Fanatics announces promotion ahead of NFL Season
Sports

Fanatics announces promotion ahead of NFL Season

By 11139 0

Fanatics has announced a promotion for its customers ahead of the NFL season. Per the announcement, any customer who wagers $50 instantly becomes eligible for a merchandise credit worth $150. Defined as a big promotion, it has come at a time when customers are eagerly looking forward to the football season and supporting their franchise with a jersey.

However, some of the speculation has been put to rest by clarifying that the promotion is merely coinciding with the tournament. Customers can wager the said amount on any league and they will still be eligible for merchandise credit. It is open to customers of not just Fanatics but also PointsBet.

No matter the league they choose, bets must be placed on the official website of the platform. This is Fanatics.com, where the promotion can be used to buy merchandise as well.

This is not the first time that a platform has rolled out such a promotion. Such a rewarding experience to users was previously offered by Caesars Sportsbook in 2021. Bettors only had to wager $100 to receive an NFL jersey. Fanatics is replicating the same model with a modification by allowing its customers to place a bet on any league for any merchandise.

A particular aspect where it differs is from a promotion that they themselves announced earlier this year. It included rewarding free bets to those who were purchasing merchandise. It soon came under the radar of relevant authorities because it was believed that such a promotion was encouraging customers to place a bet. Thereby, going against the fundamental rule of responsible gambling.

Gambling regulations restrict any such act that facilitates people to place bets in this manner.

The current promotion ahead of the NFL kickstart is being received well by the community of bettors and fans. Jason White has called it a rewarding online sports betting experience, adding that it is a chance for players to celebrate the return of football. The Chief Marketing Officer of Fanatics Betting & Gaming has stated that the objective is to outfit their customers who are going to bet on PointsBet or Fanatics.

Interested fans can still get their hands on the promotion by signing up at Fanatics. A minute detail is awaited to know if the credit can be accumulated or if it will have to be used as it is earned. Accumulation of credits earned could enable customers to buy a large number of merchandise. Needless to say, this also means that the promotion can only be available once or multiple times.

NFL season starts on September 08, 2023. It is a 18-week journey that will have the Chiefs against the Lions in the opener. The City and the Detroit are both coming from their respective pre-season games. The scenario at top NFL betting sites is going to be magnificent as they will be in high demand.

Football is here and so is Fanatics. Customers of the platform must review the terms & conditions before participating in the promotion.

Zverev shines through the Round of 16 contest against Sinner in the US Open
Sports

Zverev shines through the Round of 16 contest against Sinner in the US Open

By 10749 0

Alexander Zverev and Jannik Sinner went all out during their contest for the Round of 16 at Arthur Ashe Stadium. However, it was ultimately Alex who emerged victorious in the set of five that lasted for 4 hours and 41 minutes. The final tally read 6-4, 3-6, 6-2, 4-6, and 6-3 in his favor. Interestingly, this is not just the most competitive fight in the US Open but also the longest to run on the court.

The margin is rather thin when it comes to the number of points that they have won. While Alex bagged 167 points to the register, his opponent – No. 6 seed – was restricted to 155 points. That brought No. 12 Seed to winning 25 games and leaving 21 games to the opponent.

Zverev was all smiles at the end of the game. He interacted with the media to say that he is probably back in the Tennis game. An extended version of the statement reads that this is precisely what he lives for, wherein fans can assume that this refers to the winning moments after the game has concluded.

He also acknowledged the crowd that was present in the stadium and cheered for him. Alex said that the environment could not have been any better.

The game was physically draining for both champions. As a matter of fact, Jannik was seen cramping in the third set only to bounce back stronger in the set that followed. What went wrong was Alex himself going through the physical pressure in the fourth set. He eventually picked himself up in the fifth set and the game went on.

It was surely the fighting spirit that kept bringing them back.

Results of the respective sets make it more evident which player was struggling to make ends meet. Alex made his way to the top in the third set by backing the shots for a 6-2 win. Then, the fourth set gave Jannik the upper hand for a 6-4 win. It all came down to the last and the final set where Sinner fought his way to a 6-3 win. This made a major wave in most of the tennis betting sites.

Moving forward, the US Open will host the Quarter-Final starting with Djokovic locking horns with Fritz at the same venue. Zverev will next face Carlos Alcaraz with time yet to be decided. Simultaneously, fans can stay tuned for two more events where Tiafoe & Shelton and Medvedev & Rublev will be on the court for the qualification to the Semi-Final.

Women’s Singles in the US Open 2023 is also headed toward the commencement of Quarter-Finals. The last Round of 16 event was played between Jabeur and Zheng for the latter to win it by 6-2 and 6-4.

Zverev may have sealed the win in the Round of 16 at the US Open 2023 with a tough fight versus Sinner, he has a chance to make the qualification convenient by taking on Carlos right from the beginning.

Yahoo Sportsbook finds home at the Venetian in Las Vegas
Betting

Yahoo Sportsbook finds home at the Venetian in Las Vegas

By 11419 0

Yahoo Sports has made an impressive entrance into the highly competitive American sports betting market with its launch at the Venetian Hotel & Casino in Las Vegas. They have partnered up with William Hill to create a massive 12,000-square-foot retail sportsbook equipped with a 1,770-square-foot video wall that can display up to 40 different games simultaneously. Alongside this are 30 other screens as well as comfy couches and two special ‘Fan Caves’ for customers to use.

According to the betting news, Yahoo Sports’s President, Ryan Spoon, was thrilled to share his opinion on this important accomplishment. He proudly stated that both Yahoo Sports and The Venetian Resort Las Vegas have come together to form a collaboration that will give sports fans an extraordinary opportunity to experience sports in an exceptional and branded environment. This alliance reflects our commitment to draw in and captivate fans through the fantastic services provided by Yahoo Sports and Fantasy.

The Venetian Resort Las Vegas’ CEO and President, Patrick Nichols, also provided details on the design ethos of the facility: “Our vision was to craft the ultimate sports viewing destination on the Strip. With plush sofas, lounge chairs, and delicious game-day fare, the reimagined space perfectly captures the casual camaraderie of watching a game with friends. Our customers can easily place bets thanks to William Hill. As we advance into football season and beyond, working with Yahoo promises to bring our customers even more delightful surprises.

The increase in sports betting activity in the US is seen with the recent addition of Fanatics, who have opened their own retail sportsbook inside Progressive Field – the host stadium for the Cleveland Guardians baseball team. This clearly shows how sports betting has begun to become more accepted and integrated into American sporting culture.

These initiatives, as they develop, are evidence of how quickly the US sports betting market is changing. The partnership between Yahoo Sports and The Venetian Resort Las Vegas not only aims to give sports fans an immersive and interesting platform but also reflects how sports culture, technology, and entertainment have converged. Customers can enjoy both the thrill of the games and the excitement of placing informed bets thanks to William Hill’s powering of the betting capabilities.

The launch of the Yahoo Sportsbook at the Venetian Hotel & Casino is a sign of progress in sports activity. As the nation readies for future sporting episodes, the collaboration between Yahoo Sports and The Venetian Resort Las Vegas guarantees an extraordinary mix of sports events and modern technology, which will improve enjoyment for keen sports buffs and wagering fans.

Relax Gaming boosts portfolio with Endorphina
Gaming

Relax Gaming boosts portfolio with Endorphina

By 10916 0

Relax Gaming, a well-known content provider and iGaming aggregator, has recently joined the Powered By Relax program. They have formed an alliance with one of the leading slot developers – Endorphina.

Through this partnership, Relax Gaming will have access to Endorphina’s captivating content library, which includes well-known games like Minotauros, Joker Ra, and Vampires 2.

Endorphina, a business based in Prague created in 2012, has become well-known for providing excellent slots to online casino sites all over the world. They focus on what gamers like when designing their games, blending attractive visuals with simple gameplay and reliable mathematical models. The more than 100 titles that they have developed illustrate how committed they are to making engaging gaming experiences.

Endorphina can quickly gain entry to top-tier operators and partners in the iGaming industry by utilizing Relax Gaming’s powered by Relax initiative. By doing so, they are able to take advantage of Relax Gaming’s renowned distribution network.

Relax Gaming’s Chief Product Officer, Shelley Hannah expressed her pleasure in this collaboration with Endorphina by claiming that it bolstered their Powered through Relax program. She was delighted to include Endorphina in their network of independent studios, which will bring about more varied and advanced content for their customers.

The alliance between two major online casino software suppliers is significant, according to Endorphina’s Senior Sales Manager, Jonathan Martini. He emphasized the compatibility between Relax Gaming’s technical prowess and Endorphina’s visually appealing games, foreseeing a mutual expansion of product offerings and global reach.

Relax Gaming has built a name for itself as one of the leading B2B providers in the online casino industry, with an expansive selection of over 4,000 games. Prestigious awards, such as Casino/Slot Developer of the Year at the SBC Awards, Best Game Provider at the AskGamblers Awards in 2022, and Best Mobile Gaming Software Provider at the EGR B2B Awards, have honored the company’s dedication to excellence.

Relax Gaming maintains its position as a market leader by offering a wide selection of high-performing proprietary slots and carefully selected third-party studio content. The collaboration with Endorphina demonstrates their commitment to improving the iGaming experience for players and operators.

The role of decentralization in Litecoin sports betting
Betting

The role of decentralization in Litecoin sports betting

By 11045 0

In the dynamic landscape of cryptocurrency and sports betting, decentralization has emerged as a powerful catalyst for innovation and transformation. As a prime example, Litecoin, a prominent digital currency known for its efficiency and speed, has taken center stage in revolutionizing the sports betting industry through the principles of decentralization. This article delves into the pivotal benefits that decentralization plays in the best Litecoin sports betting sites, highlighting how this blockchain-based currency has paved the way for secure wagering experiences like never before. 

What Is a Decentralized Sports Betting Site?

Originating from the crypto space, the idea of a decentralized esports betting or standard sports betting platform revolves around utilizing blockchain technology. This technology forms online communities, facilitating sports betting among passionate bettors. The decentralized best Litecoin sports betting sites present many advantages, foremost being enhanced anonymity and seamless utilization of crypto sports betting for wagering. Additionally, platforms of Litecoin sportsbooks forgo the need for a third-party payment processor or financial institution, ensuring direct and secure transactions. Cryptographic protection further safeguards all transactions, and the processing speed sets new standards for efficiency. 

Keep reading to discover the significance and advantages of Decentralized Exchanges in Litecoin Sports Betting and some helpful tips to pick the best exchange. Let’s get started. 

Benefits of Using a Decentralized Betting Website

Due to the best Litecoin sports betting sites multiple advantages over conventional betting sites, decentralized sports betting services have become prominent in recent years. Below, we outline the key benefits of utilizing a decentralized betting exchange in top LTC sports betting sites.

1. Low Fees- One of the most appealing aspects of betting on sports with Litecoin on decentralized platforms is the minimal transaction fees. Unlike traditional betting sites that often levy exorbitant fees, decentralized exchanges prioritize cost-effectiveness. Using reputable Litecoin sportsbooks, bettors can avoid excessive fees that could otherwise erode their wagering funds and potential winnings. Additionally, decentralized platforms implement significantly lower betting fees, known as “vig,” usually around 1%. In contrast, traditional betting sites might impose vig percentages as high as 10%.

2. Instant Payment Processing- Decentralized platforms boast rapid deposit and withdrawal processing capabilities, outperforming traditional betting sites significantly. The efficiency of their payment processing allows users to maintain better account control with instant payments. Consequently, bettors can swiftly access their winnings within minutes, a remarkable improvement compared to the extended waiting periods experienced when using conventional payment solutions. 

3. Global Accessibility- A key advantage of decentralized betting exchanges is their global reach, providing users unparalleled freedom to access betting services anywhere. Users can tap into the underlying platform and engage in betting activities regardless of their geographical location. However, it is crucial to acknowledge that certain countries may have imposed a total ban on crypto activities, effectively rendering those jurisdictions off-limits for betting.

4. Wide Range of Accepted Cryptocurrencies- Decentralized best litecoin sports betting sites offer an extensive selection of accepted cryptocurrencies, allowing users flexibility and convenience in choosing their preferred digital assets for wagering. Unlike traditional sportsbooks, which might limit the available crypto options, decentralized platforms embrace various cryptocurrencies, including Ethereum, Bitcoin, Litecoin, etc. This diversity ensures bettors can utilize their preferred crypto assets to place bets online. 

Decentralized betting exchanges in top LTC sports betting sites present a compelling case for modern-day bettors seeking enhanced cost-effectiveness, rapid payment processing, global accessibility, and a broad range of accepted cryptocurrencies. By leveraging the benefits of these platforms, users can elevate their betting experience and capitalize on the advantages of decentralized technology. 

The Expanding Scope of Decentralized Litecoin Sportsbooks Platforms

Decentralized betting platforms are gaining traction as blockchain technology becomes more widely accepted. They have the potential to make a significant impact in various areas: 

1. Sports Betting- Decentralized betting platforms offer sports enthusiasts a transparent and secure experience. With faster payment processing and smart contracts, bets can be executed automatically and openly. 

2. Casino Gaming- These platforms can also revolutionize casino gaming, including popular games like slots, blackjack, and roulette. They ensure a fair gaming experience with provably fair algorithms and offer lower fees and quicker processing than traditional online casinos. 

3. Esports Betting- For the booming esports market, decentralized betting platforms offer a secure and transparent environment for fans to bet on their favorite video game competitions. Payment processing is efficient, and smart contracts automate and ensure transparent betting. 

4. Political Betting- Decentralized platforms cater to political betting, where people wager on election outcomes and other political events. The platforms guarantee secure and transparent betting, faster payment processing, and automated execution through smart contracts. 

5. Prediction Markets- Prediction markets enable bets on future events, such as cryptocurrency prices or sporting event outcomes. Decentralized platforms provide secure and transparent prediction markets with faster payment processing and automated execution using smart contracts.

The potential applications of decentralized betting platforms extend across sports, casino gaming, esports, politics, and prediction markets. As blockchain technology continues gaining acceptance, these platforms are poised to bring revolutionary changes in the betting industry.

Conclusion

Decentralized platforms for sports betting bring numerous benefits that significantly improve your overall experience. With increased freedom for bettors and the elimination of restrictive practices found elsewhere, these platforms offer a more enjoyable betting environment. By joining a decentralized site today, you can enjoy numerous sports betting options and reap the rewards that come with it.

The WynnBet app goes live in six jurisdictions
Betting

The WynnBet app goes live in six jurisdictions

By 11894 0

WynnBet is enhancing the experience of its users, especially those who reside in those six jurisdictions where the venture has just launched its new sports betting application. Jurisdictions include Indiana, Colorado, Arizona, Tennessee, Louisiana, and Virginia. Residents of these regions, or users from these jurisdictions, will now have access to new betting markets through a single platform. Moving forward, WynnBet aims to further extend its reach to New York and New Jersey.

Additionally, its online betting services are live in 11 states of the US. Some of these states are West Virginia, Massachusetts, and New York, with all of them being the largest online gaming markets in the country.

While the sports betting platform will go live in New York and New Jersey in the days to come, it will later go live in Michigan by the end of this year. Simply put, WynnBet has just expanded, and it is aiming to expand to more regions in the times to come. The ones to receive all the benefits will be its users. Existing users already have access to its near-instant deposit & withdrawal services along with new betting markets. Those who register at WynnBet will also have access to these offerings.

According to the betting news, Ian Williams from WynnBet Sports Interactive has said that they are thrilled with the launch of the platform in 6 new jurisdictions. The President of the venture has added that they are committed to continue providing a 5-star experience to their users from all the states where their operations are live.

Ian Williams has thanked everyone involved in the expansion – regulators & team members – for their contribution to making the expansion a reality in a short time.

The plans drafted by WynnBet are driven by its financials for the first quarter of 2023. Wynn Resorts, its parent company, reported an increase in operating revenue and net Income. The figures were $1.42 billion and $12.3 million respectively. Both are an increase when compared to the same quarter from the previous year.

Operative revenue for Q1-2023 was $953.3 million. Net Income for the same period was $183.3 million.

However, all of it is not as bright as it looks, for WynnBet is still seeking to register profitability from sports betting. Online casino offerings and sports betting were down in terms of operative revenue by $2.4 million when compared to the same quarter of 2022. Numbers for the second quarter of 2023 are expected to be made public by WynnBet on August 09, 2023.

Having said that, any user who is registering at WynnBet for the first time may want to look out for a couple of promotions. For instance, Bet $100, Get $100 is a promo where users have to make a bet of at least $100. This will qualify them for a $100 bet credit. Similarly, another promotion being run by WynnBet at the moment is Bet $100, Get $50 Bet Credit Plus $50 Casino Bonus.

Caesars secures a record-high net income of $920m in Q2 2023
Casino

Caesars secures a record-high net income of $920m in Q2 2023

By 11972 0

Caesars Entertainment recently released its financial report for Q2 2023. The gambling chain managed to secure 2.9 billion dollars in net revenue.

The 2% hike resulted in Caesars securing a 1% increase in its net revenue for Q2. The gambling and betting company made over 1.5 billion dollars through its Las Vegas properties alone.

Above all, Caesars Digital, the online casino branch, witnessed an annual rise of 42%. The online casino site secured 216 million dollars this quarter. 

The casino chain has also secured a stable net revenue, noting gradual growth since 2021. Caesars witnessed an 11% hike from 2021 to 2022 due to the reopening of its gambling services. The hike shrunk to only 2% from Q2 2022 to 2023.

As for the Las Vegas properties of Caesars, the company took a 1% dip from Q2 2022. In 2021, the Las Vegas venues managed to secure 855 million dollars. As expected, the number took a massive stride of 34% increase in Q2 2022.

Caesars made a whopping 1.14 billion dollars during the quarter. This metric has once dropped to a measly 109 million dollars due to the pandemic’s rise. 

Besides this, the casino also managed to increase its net income to 920 million dollars. This was a sigh of relief from the 123 million dollar loss the casino encountered in 2022. 

Another area of relief for Caesars came through the adjusted EBITDA. The casino secured 1 billion dollars in Q2 2023, to note a 3% increase from 978 million dollars in 2022. The metric had gained stability ever since 2021 when the casino finally overcame the pandemic’s hold.

With an H1 adjusted EBITDA rising over 54% yearly, Caesars seems to be on the right path. The online casino and gambling company has risen in share price as well, currently sitting at 57.79 dollars. 

How Ethereum Casino Bonuses Work and How to Maximize Them
Casino

How Ethereum casino bonuses work and how to maximize them?

By 11512 0

As blockchain technology has grown, a new breed of cutting-edge, decentralized casinos has appeared in the online gaming industry. Due to their efficiency, security, and transparency, Ethereum casinos, built on the Ethereum blockchain, have gained much traction with players. These platforms provide various appealing prizes and benefits to entice and keep participants in a cutthroat market. This post will review the concept of Ethereum casino bonuses and prizes, how they function, and provide suggestions for optimizing their benefits. No matter how skilled or familiar you are with ETH casinos, knowing these advantages can significantly enhance your gaming experience.

An online gambling website that uses the Ethereum blockchain is known as an Ethereum casino. In these casinos, smart contracts handle transaction execution and bet processing rather than centralized servers, as in traditional casinos. Because every gaming activity is documented on an immutable blockchain and is thus accessible to participants for verification, these smart contracts guarantee transparency and fairness.

How to Take Full Advantage of Ethereum Casino Bonuses and Rewards

Ethereum casinos provide a range of bonuses and rewards to entice new players and keep loyal ones playing. These bonuses may come in cashback, free spins, deposit bonuses, or VIP programs.

How the Bonuses and Rewards at the Ethereum Casino Work

To lure players to register, make deposits, and keep playing on their platforms, Ethereum casinos provide a range of bonuses and incentives. Let’s examine several popular casino bonus categories and how they function.

Welcome Bonuses: Welcome bonuses are bonuses given to new players once they register and make their initial payment. These bonuses often take the form of free money or bonus spins that players may use to test out the casino’s games without risking any of their own money.

Deposit Bonuses: Deposit bonuses are incentives given to players based on the money they deposit into their casino accounts. These incentives frequently take the form of percentage matching when the casino adds extra money in proportion to the player’s deposit.

No deposit Bonuses: In Ethereum casinos, no deposit bonuses are a rare but much-desired prize. As the name implies, no initial deposits are required for players to obtain these incentives. They can play games and win real money using bonuses or free spins.

Loyalty Program: Loyalty programs are frequently provided by Ethereum casinos to honor loyal and consistent patrons. Through these programs, gamers can earn points by participating in games and redeem them for various incentives, like bonus cash, free spins, and even premium prizes.

Free Spins: Players can receive a certain amount of free spins on particular slot machine games as a prize. Wagering restrictions can apply before any profits from these free spins can be withheld.

How to Maximize Bonuses and Rewards in Ethereum Casinos:

Create Your Budget: It’s important to gamble responsibly. Establish a budget and adhere to it to prevent overspending or chasing losses while attempting to fulfill wagering requirements.

Understand the terms and conditions: Read the terms and conditions carefully before collecting any bonuses. Pay close attention to the game limits, minimum deposit amounts, and expiration times. You can avoid any potential problems by being aware of these circumstances.

Analyze Game Contribution: Each game affects the wagering requirements differently. Slot machines, for instance, may contribute 100%, whereas table games may contribute less or none at all. Select games that contribute significantly to speed up the bonus-clearing procedure.

Focus on Modest Wagering Requirements: Look for bonuses with wagering requirements that are sensible and modest. The process of converting bonus money into real money winnings is made simpler by lower wagering requirements.

Keep an Eye on Promotions: Stay informed about the newest discounts and bonuses that the Ethereum casino is offering. You can keep up with the latest bargains by signing up for their newsletters or following them on social media.

Conclusion

The decentralized, secure, and transparent nature of Ethereum casinos’ gaming has changed the online gambling sector. These platforms attract gamers searching for a thrilling and profitable gaming experience by offering various alluring incentives and rewards. Players may make the most of their gaming experience while taking advantage of the benefits of blockchain technology by comprehending how Ethereum casino bonuses operate and using our advice to optimize their advantages.

FanDuel brings on board Alison Kutler
Gambling

FanDuel brings on board Alison Kutler

By 11876 0

FanDuel has brought on board Alison Kutler to head the department of sustainability and responsible gaming in the position of Vice President. Kutler will be looking into the furthering of sustainability factors and ways to make responsible gaming more effective for the US operator, which is owned by Flutter Entertainment.  

She will be involved in framing new responsible gaming policies, along with matters of regulations, training, product development, and the overall functioning of the company. Further, her job profile will include the supervision of the responsible gaming advocacy teams and keeping an eye on the company’s sportsbook, casino, racing, and retail activities. She will also be working towards sustainability aspects, in tune with Flutter’s Positive Impact Plan. As a part of the plan, customers are offered backing along with members of the staff and the general public. These are related to matters of secure gambling and community initiatives. 

FanDuel came out with an effective and extensive promotional program revolving around responsible gambling. The company implemented certain measures with respect to the American Gaming Association’s Responsible Gaming Education Month.

According to the President of FanDuel, Christian Genetski, Kutler will be playing a significant role in the company, and her experience and expertise will be of enormous value to all of them. Her career spans two and a half decades and comes with exposure to both private, as well as government organizations. Her responsibilities have been around the framing of policies to formulating public affairs strategies. She held the position of Senior Vice President of global government affairs at Dapper Labs and as Visa’s Senior Vice President of government affairs for the Americas. 

Along with all of those achievements, she is known to have worked at the highest levels of the US government. There was a time when she was heading the Consumer and Governmental Affairs Bureau, as well as the special advisor to the Federal Communications Commission chairman, and in the post of the Director of the Department of Commerce Trade Advocacy Center.  

Atlanta Poker Pro claims WSOP Main Event Crown, bags $12.1M
Poker

Atlanta Poker Pro claims WSOP Main Event Crown, bags $12.1M

By 11968 0

Over a decade ago, Daniel Weinman stood among the spectators at the World Series of Poker Main Event final table, enthusiastically cheering for his friend and envisioning his future success in the prestigious tournament. That dream metamorphosed into reality on a fateful Monday as Weinman accomplished the seemingly impossible, securing victory and leaving the poker world in awe.

The highly skilled professional poker player hailing from Atlanta, Weinman, managed to outlast an unprecedented number of competitors, clinching the coveted title at the $10,000 buy-in No-limit Hold’em World Championship held at the renowned Horseshoe Las Vegas. As he went head-to-head with Steven Jones during the intense final stages, Weinman’s emotions peaked, culminating in sheer disbelief as he claimed the victory.

“It doesn’t feel real,” uttered an elated Weinman, attempting to fathom the magnitude of his triumph. The sheer magnitude of the achievement stunned even the seasoned player, a testament to the countless hours of dedication and the unwavering pursuit of excellence in his craft.

The moment of victory carried even more significance as Weinman became the first American player to seize the Main Event title since John Cynn’s triumph in 2018. This momentous feat not only solidified Weinman’s status as one of the game’s finest talents but also placed him in the annals of poker history alongside some of the sport’s legends.

With the global poker community witnessing a record-breaking turnout of 10,043 participants, competition at this year’s Main Event was nothing short of fierce. Seasoned pros and aspiring newcomers gathered to test their mettle on the green felt, vying to claim poker’s most sought-after accolade. However, Weinman’s resilience and tactical prowess proved unmatched as he maneuvered skillfully through each grueling stage of the tournament.

The final heads-up match with Steven Jones was a true spectacle, with both players showcasing their strategic brilliance and emotional fortitude. The tension in the room was palpable as every move could tip the scales in one player’s favor. In the end, it was Weinman’s unyielding determination and calculated decisions that ultimately led him to emerge victorious.

Upon clinching the title, Weinman secured his place as the last player from the massive pool of contenders and claimed the staggering $12.1 million first prize, solidifying his position as one of poker’s highest-earning players.

In a post-victory interview, Weinman attributed his success to relentless practice, unwavering support from friends and family, and a deep-rooted passion for the game. His journey from being a passionate spectator in the audience to hoisting the Main Event trophy stands as a testament to the power of perseverance and hard work.

As news of Weinman’s historic win reverberates throughout the poker world, enthusiasts and professionals alike are left in awe of his remarkable achievement. His triumph has inspired a new generation of players and ignited fresh excitement for the world’s most beloved card game.

The 2023 World Series of Poker Main Event will undoubtedly be etched in history as the tournament that saw Daniel Weinman rise to prominence, forever etching his name alongside the poker elite. With a future brimming with potential, the world eagerly awaits the next chapter in Daniel Weinman’s remarkable journey in the realm of professional poker.