News - Page 7

The online casino industry faces a significant shift as Macau's gambling revenue surges, signaling a potential recovery in the global gaming market. This development has caught the attention of both industry insiders and players alike.

At CasinoRank, we’re dedicated to identifying and partnering with the best online casino providers in the industry. One such partner that continues to stand out is 1xbet, a globally recognized bookmaker that has earned its place in the online gambling world. Over the years, we’ve maintained this partnership because 1xBet has consistently proven its excellence on a global scale. We're excited to explain why this collaboration continues to thrive.

At CasinoRank, we are always on the lookout for ways to keep our audience informed and engaged with the latest in the iGaming industry. That’s why we’re excited to announce the launch of our brand-new podcast, iGaming Pulse! This podcast is designed for anyone interested in staying up to date with the latest trends, news, and insightful analysis in the world of online gambling, sports betting, and casino games.

Gordon Moody, a beacon of hope for those grappling with gambling-related harm, has recently unveiled findings from an innovative study that scrutinizes the efficacy of a residential treatment program designed specifically for women. This initiative, which took its first steps in 2021 and blossomed into a full-scale project by 2023, heralds a new era in tackling gambling addiction with a gender-specific approach.

Eminence Capital and its increasing role in Entain have been a hot topic of discussion among industry insiders and market watchers alike. Ricky Sandler, the visionary at the helm of the global asset management firm, has been making waves with his latest maneuver, purchasing a whopping 7.1 million shares on June 3. This bold move has not only increased Eminence Capital's total holdings in Entain to 37,154,030 shares but has also solidified its position as a key player in the company's future, with a 5.18% stake in the FTSE100 listed giant.

GambleAware, a cornerstone in the fight against gambling-related harm in the UK, has once again spotlighted the gambling sector's contribution—or lack thereof—to public health and harm prevention efforts. With a staggering £49.5 million pouring into its coffers for the year 2023/24, one might think the battle against problem gambling is well-funded. Yet, a closer look reveals a complex tapestry of generosity, disparity, and the urgent need for systemic change.

In the dynamic landscape of US sports betting, operators navigate a complex web of taxes and license fees—a reality that has evolved significantly since the Supreme Court's landmark decision in 2018 to repeal PASPA, paving the way for legal sports betting across the states. Today, we're diving deep into one of the more contentious aspects of this scenario: the federal excise tax on sports betting. Buckle up as we explore the intricacies of this tax, its impact on the industry, and the legislative efforts surrounding it.

The gambling and betting world is never short of drama or developments, and this week has been no exception. From the corridors of power in the United Kingdom to the vibrant markets of Latin America, changes are afoot that could reshape the landscape of the industry in profound ways. Let's dive into the whirlwind of events that have kept us on the edge of our seats.

Dive into the latest gaming sensation that's shaking up the online casino scene—Dystopia: Rebel Road, unveiled by the gaming powerhouse, Octoplay. This isn't just another slot game; it's a gateway to a world where every spin is a battle for survival and supremacy. With its launch, Dystopia: Rebel Road is all set to redefine immersive gaming, blending innovative mechanics with an adrenaline-pumping theme.

Pragmatic Play takes you on an epic journey through the mystical realm of Dwarf and Dragons, where ancient legends breathe life into every spin, and unimaginable treasures lie in wait for the bold. This slot experience doesn't just draw you into a mythical world; it immerses you in a saga where every decision could lead to fortune or folly.

BetMGM's recent launch in the Netherlands was a clear signal of the company's ambitious expansion plans, but it seems the firm is not stopping there. According to MGM Resorts International President and CEO Bill Hornbuckle, BetMGM is gearing up for further expansion, setting its sights on the promising markets of Latin America and Eastern Europe. However, the specifics of these plans remain under wraps for now.

The British gambling landscape is on the brink of a significant transformation, courtesy of the hotly debated affordability checks. In a bold move, the government has sunk its teeth into this contentious issue, affirming that the White Paper Review and consequent re-regulation of the industry will, indeed, incorporate these measures.

In a move that signifies more than just a change of name, Sharp Gaming has transitioned to Betfred Technology, as revealed by Andrew Daniels, the sports betting titan's newly minted Chief Information Officer. Via a LinkedIn update, Daniels shared his enthusiasm for the journey Sharp Gaming has undertaken, culminating in the creation of comprehensive player account management, sportsbook, gaming aggregation, RGS, websites, and app solutions tailored for Betfred.

The world of online casino gaming is witnessing a remarkable evolution, thanks to pioneering solutions like the SOFTSWISS Jackpot Aggregator. With a significant growth trajectory in the first quarter of 2024, the aggregator is not just a game-changer but a testament to SOFTSWISS's commitment to enhancing the iGaming experience. According to CasinoGuru News, the platform has welcomed 80 brands into its fold, signaling a robust vote of confidence from the industry.

Online gambling powerhouse 888 recently found itself at the epicenter of a heated debate in London, transforming its latest ad campaign into a contentious issue in the city's mayoral race. The campaign, which boldly announced “this carriage is now a casino” and “this bus is now a casino,” was intended to make a splash across London's trains, buses, taxis, and the Underground. However, its impact went beyond attracting potential gamblers, drawing the ire of political figures and the public alike.

In a bold move to curb gambling addiction and enhance consumer protection, Pennsylvania steps into the spotlight with Senate Bill 1159, aiming to ban the use of credit cards for gambling activities. Spearheaded by Senator Wayne Fontana, this legislative effort reflects a growing concern over the financial and social impacts of gambling, particularly the dangers of using borrowed money to gamble.