i-Gaming

Inspired Entertainment Interesting Idea Ahead of Earnings

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Small-cap gaming supplier Inspired Entertainment (NASDAQ:INSE) is following other gaming technology names lower this year. But its dramatic declines are creating a valuation scenario that may be too compelling to ignore in the eyes of some analysts.

Belgium’s Legal Gambling Industry to Continue Slide amid Tightened Restrictions

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In Belgium, the Council of State has provided an overview of rulings for the legal gambling industry. For the most part, the council’s confirmation of existing measures only means the industry will weaken.

The Pokies Net Targeted in Australia Illegal Gambling Crackdown

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Australian communications regulator ACMA has ordered internet service providers to block online casino ThePokies.net after data showed it attracted 30,000 Australians each month. The regulator said it had received reports from customers who claimed they weren’t being paid their winnings or that the site was withholding deposits.

UK Gambling Commission Thinks People Shouldn’t Be Able to Decide If They Can Afford to Gamble

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The UK Gambling Commission (UKGC) is constantly introducing new rules and regulations for the country’s gambling industry, including some that appear overbearing. In its latest initiative, which the regulator presented yesterday, it asserts that consumers can’t be trusted to determine how to spend their money.

Argentine Province of Cordoba Could Issue Online Gaming Licenses, despite Resistance

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Argentina’s online gambling segment continues to take shape. Several regions of the country have begun introducing the activity, and the province of Cordoba is ready to join them.

Report Highlights iGaming Profitability

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The American Gaming Association (AGA) recently released its annual “State of the States” report.

BetMGM Announces Poker Championship, Event to Run Opposite WSOP

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BetMGM hopes to give the World Series of Poker (WSOP) a run for its money this summer. The leading iGaming and online sportsbook operator this week announced the debut of its annual BetMGM Poker Championship, which will take place June 23-26 at ARIA Resort & Casino in Las Vegas.

Ontario Gambling Regulator Fines BetMGM, PointsBet for Ad Violations

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Well, that didn’t take long. Just one month after the launch of Ontario’s regulated online casino and sports betting market, two operators have been hit with financial penalties for breaching the province’s strict new laws around advertising sign-up promotions.

IGT Expands Digital Content Portfolio in $174M iSoftBet Acquisition

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International Game Technology (NYSE:IGT) is expanding its library of digital games in a big way with the $174 million, all-cash acquisition of iSoftBet, a provider of iGaming content.

Gaming Sites Across Southeast Asia Targeted by Chinese-Speaking Hackers

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Gaming-related companies across Southeast Asia are under attack. Hackers, reportedly out of China, are targeting operations in the region, and where successful, can gain access to entire gaming networks.

Spain Wants Public Input on Loot Boxes as the EU Considers Crackdown

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For several years, loot boxes in video games have been a contentious subject in jurisdictions around the world. As Europe prepares to determine whether they are a form of gambling, Spain wants to know what the public thinks.

888 Holdings Reports Triple Profit in Record Year Thanks to Lockdowns

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888 CEO Itai Pazner said the US market remains a huge opportunity for his company, which has created a platform for profitable long-term growth. (Image: 888 Holdings)

FanDuel Facing Consumer Fraud Lawsuit Over Unreturned Deposits

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A New Jersey man claims FanDuel has violated his state’s Consumer Fraud Act, breached its contract with him, and engaged in a civil conspiracy by not giving him back $300.

Chilean Casinos Upset Over Arrival of Betsson, Investigation Already In Place

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Chile is in the process of attempting to legalize online gaming and sports betting. Betsson reportedly didn’t wait for the arrival, and casinos are denouncing the “illegal” entry of the online gaming company.

888 Breaks into the African iGaming Market through Joint Venture

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888 Holdings is ready to expand its global reach. The gaming operator with action in all verticals is moving into Africa through a joint venture with established and recognizable gaming names.

Boyd Gaming Paying $170 Million to Acquire Pala Interactive

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Boyd Gaming (NYSE:BYD) said today its Boyd Gaming Interactive unit is paying $170 million in cash to acquire Pala Interactive from California’s Pala Band of Mission Indians.

Pennsylvania Gaming Revenue Continues Slide, February Win Totals $375.6M

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The Pennsylvania gaming industry is now on a three-month revenue slide after posting record revenue in November. Gross gaming revenue (GGR) last month totaled a little more than $375.6 million, which represents a 4.4% month-to-month decline.

Ontario iGaming Operators List Released, 16 Platforms Authorized for April 4 Launch

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Ontario iGaming is coming, whether critics like it or not, on Monday, April 4.

Philippines Police Officers Arrested for Suspected Link to e-Sabong Kidnappings

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Authorities in the Philippines have charged or are in the process of charging 13 people with crimes linked to the disappearances of at least 34 stakeholders in the country’s fledgling e-sabong (online cockfighting) market. Among them are five serving police officers.

World’s Biggest Crypto-Betting Site Founder Just Bought a Mega-Mansion

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The mystery buyer of a A$38.5 million (US$28 million) Melbourne mansion has been identified by Australian media as the 26-year-old cofounder of one of the world’s biggest crypto-betting operations.

888 Fined £9.4M in UK for AML Failings, License Revocation Threat

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888 Fined £9.4M in UK for AML Failings, License Revocation Threat Posted on: March 1, 2022, 06:05h. Last updated on: March 1, 2022, 01:02h. Philip Conneller Philip Conneller @casinoorgphilc Expertise: Crime, Gaming Business, Regulation. It could be a case of three strikes and you’re out for online gambling behemoth 888.com. On Tuesday, the UK gambling regulator (UKGC) announced it had fined the operator £9.4 million (US$12.6 million) for social responsibility and anti-money laundering (AML) failings.

Kindred, Entain and Others Could Receive Dutch Licenses as Black-Out Period Ends

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The Netherlands’ iGaming market could soon add additional players. The two-year “black-out” period included in gambling law updates in 2022 is coming to an end.

DraftKings Tumbles Despite Strong EBITDA, Addressable Market Forecasts

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A DraftKings poster hangs in New York, above. The company delivered an impressive long-term outlook, but its stock slumped. (Image: New York Times)

Wynn Resorts Folds on Digital Marketing Spend in Favor of Affiliate Model

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A WynnBet advertisement featuring Shaq promoting a risk-free sign-up incentive. Wynn Resorts is scaling back its marketing budgets for its interactive gaming unit. (Image: WynnBet)

Philippines Cockfight-Betting Market May be Suspended Over Mysterious Abductions

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Charlie “Atong” Ang is the owner of e-sabong operator Lucky 8 Star Quest. All of the missing men visited one of the company’s cockpits prior to their disappearance, according to Philippine media. (Image: Business News Philippines)

iGaming Stocks Nearing Bottom, RSI Preferred Idea, Says Analyst

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Traders on the floor of the New York Stock Exchange. An analyst says iGaming stocks could bounce back. (Image: ABC News)

Peru iGaming, Mobile Sports Betting Regulated in New Bill

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Roberto Sanchez, Peru’s minister of of Foreign Trade and Tourism. He hopes a new iGaming bill finds support to bring more than $42 million in revenue to the country. (Image: El Comercio Peru)

Detroit Mayor Mike Duggan Credits iGaming for Keeping City Budget Afloat

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Detroit Mayor Mike Duggan lays out his 2023 fiscal budget before the City Council on March 7, 2022. Duggan says allowing Detroit’s three casinos to operate online games and mobile sports betting dramatically lessened the financial burden caused by the COVID-19 pandemic. (Image: City of Detroit)

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