Category: News

Escalante Moves to Fully Own Virtual Gaming Worlds Laurence Escalante, the founder of Virtual Gaming Worlds (VGW), is poised to become the sole owner of the sweepstakes company following shareholder approval of his $2.1 billion takeover bid. This acquisition will transition VGW from a publicly traded company to a private entity. Shareholders Endorse Escalante’s Acquisition […]

Incentive Games Secures Ontario License to Expand Market Reach Incentive Games, a prominent developer of iGaming software, has obtained a regulatory license to operate in Ontario. This new certification enables the company to introduce its innovative gaming products to operators within the province, marking a major step forward for its business growth in Canada. License […]

Georgia Strengthens Efforts Against Gambling Harm Georgia is actively addressing gambling-related issues by enhancing its national self-exclusion program, which is managed by the state Revenue Service. Growth in Self-Exclusion Registrations The self-exclusion list now includes more than 30,000 individuals, with a total of 30,451 people registered. Since early May, an additional 4,000 individuals have joined […]

NC Woman Strikes It Rich During Her First Trip to Las Vegas Camy M., a newcomer from North Carolina, turned her inaugural visit to Las Vegas into a life-changing experience by winning a massive jackpot at Palms Casino Resort. What began as a farewell spin on a slot machine ended with a stunning payout of […]

Background on The Star Entertainment’s Sale Attempt The Star Entertainment Group aimed to sell its ownership interest in the Destination Brisbane Consortium (DBC) along with stakes in other joint ventures. The plan involved partners Chow Tai Fook Enterprises Limited and Far East Consortium International Limited, with an initial agreement reached in March to transfer these […]

Two Tragic Mass Shootings Impact the United States On a single Monday, the United States was shaken by two mass shooting events. The first occurred at the Grand Sierra Resort and Casino, where a gunman killed three people and wounded three others before passing away from his injuries a few days later. Manhattan Shooter Had […]

Two educators from Pennsylvania have collaborated to develop a course aimed at raising awareness about the risks associated with sports betting. With the rapid expansion of the betting industry and the constant presence of advertisements, their goal is to help students approach gambling more responsibly. Insights into Betting Statistics and Neuroscience This innovative course is […]

Rise of Sports Betting Advertisements on Smartphones The United States National Consumers League (NCL) recently published a report highlighting a significant increase in online sports betting ads, specifically focusing on how these promotions are pushed through smartphone notifications. The organization is advocating for a prohibition of such marketing strategies, particularly the use of push alerts […]

Record Growth in Tribal Casino Revenues In fiscal year 2024, tribal casinos achieved an unprecedented gross gaming revenue of $43.9 billion, according to the National Indian Gaming Commission’s latest report. This figure marks the fourth year in a row of revenue growth, showcasing the strong recovery and resilience of tribal gaming after the setbacks caused […]

Robinhood’s Surging Growth in Q2 Robinhood’s leadership revealed that the company’s event contracts more than doubled during the second quarter, fueled by the expanding popularity of prediction markets. Strong Performance Highlights Vladimir Tenev, Robinhood’s co-founder and CEO, shared that the platform experienced significant advancement across multiple fronts. Robinhood concluded the quarter as the top platform […]