Newly-Founded iGaming Studio Arcadem Unveils Content Deal with ORYX

Newly-Founded iGaming Studio Arcadem Unveils Content Deal with ORYX

by October 28, 2020

Recently formed online casino games studio Arcadem has teamed up with gambling software provider ORYX Gaming in a deal that will see Arcadem integrate its content onto its partner’s ORYX RGS platform.Arcadem was founded in 2020 by a duo of experienced iGaming professionals. ...

Pragmatic Play Grows Colombian Footprint with Luckia

Pragmatic Play Grows Colombian Footprint with Luckia

by October 27, 2020

Online casino games maker and supplier Pragmatic Play is set to further strengthen its Colombian foothold through a recent deal with iGaming operator Luckia.Under the terms of the deal, Pragmatic Play will supply its entire slots portfolio to the online gaming operator....

Ohio Man Sues Apple over Illegal Casino-Style Game Apps

Ohio Man Sues Apple over Illegal Casino-Style Game Apps

by October 27, 2020

Class-action lawsuits in different states have kept pouring against Apple in recent weeks, with plaintiffs claiming that the tech giant promotes and profits from apps on its App Store that constitute illegal gambling under these states’ laws.The most recent such suit was fil ...

Genius Sports Confirms Latest Gambling Industry SPAC Merger

Genius Sports Confirms Latest Gambling Industry SPAC Merger

by October 27, 2020

Sports data provider Genius Sports Group agreed this week to go public in a SPAC merger with dMY Technology Group II valued at $1.5 billion.The transaction is subject to dMY II’s shareholders voting in favor as well as to other customary closing conditions and is expected to ...

Las Vegas Sands Mulls Sale of Vegas Strip Casinos

Las Vegas Sands Mulls Sale of Vegas Strip Casinos

by October 27, 2020

Casino powerhouse Las Vegas Sands is exploring shedding its Las Vegas portfolio of resorts as it no longer deems these core to its business, according to people with knowledge of the matter.Sands is understood to be working with an adviser to solicit interest for its Venetia ...

Advisers to Share £165 Million in Fees for Caesars-William Hill Deal

Advisers to Share £165 Million in Fees for Caesars-William Hill Deal

by October 26, 2020

The four investment banks that advise Caesars Entertainment Inc. and William Hill on the casino operator’s proposed acquisition of the British bookmaker will trouser a collective £165 million in fees for their work, according to documents published on Monday.Barclays, Citigr ...

Caesars, 888 Push Back Online Poker Launch in Pennsylvania

Caesars, 888 Push Back Online Poker Launch in Pennsylvania

by October 26, 2020

For a brief moment, it seemed that WSOP.com’s launch in Pennsylvania was imminent. However, news emerged late last week that fans of the online poker brand in the Keystone State will have to wait until at least next year.A representative for WSOP confirmed that the launch ha ...

IRS Reaffirms Claim that Fantasy Sports Should Be Taxed as Gambling

IRS Reaffirms Claim that Fantasy Sports Should Be Taxed as Gambling

by October 26, 2020

The US Internal Revenue Service (IRS) has recently reasserted its position that daily fantasy sports (DFS) are a form of gambling and DFS companies should be viewed and taxed as gambling operators.In a recent memo, the IRS has addressed fantasy sports and whether these should ...

Australian MP Looks to Crack Down on Gambling Ops Taking Stolen Money

Australian MP Looks to Crack Down on Gambling Ops Taking Stolen Money

by October 26, 2020

A bill seeking to make gambling operators liable if a gambler is placing bets with stolen money has emerged in the Australian Parliament.The legislation, titled Making Gambling Businesses Accountable, is authored by Federal Independent MP Andrew Wilkie. If passed, it will am ...

Pragmatic Play Signs Slots, Live Casino Deal with GrooveGaming

Pragmatic Play Signs Slots, Live Casino Deal with GrooveGaming

by October 23, 2020

Provider of content for the iGaming industry Pragmatic Play has partnered fast-growing Israel-based casino games aggregator GrooveGaming to further grow the audience its products are available to.Under the terms of a recently signed agreement between the two companies, Pragm ...

Booongo Inks Slots Integration Deal with The Ear Platform

Booongo Inks Slots Integration Deal with The Ear Platform

by October 23, 2020

Online slots maker Booongo has announced a partnership with platform provider The Ear Platform to significantly extend its reach across Latin America.Under the terms of the recently signed agreement between the two B2B companies, The Ear Platform will gain access to Booongo’ ...

Mohegan Wins Nevada Casino License for Virgin Hotels Las Vegas

Mohegan Wins Nevada Casino License for Virgin Hotels Las Vegas

by October 23, 2020

Good news seem to keep rolling for Mohegan Gaming & Entertainment as the casino and hospitality company secured this week regulatory approval to operate the first tribal casino in Las Vegas.Members of the Nevada Gaming Commission on Thursday voted in favor of granting M ...

Apple, Google Hit with Illegal Gambling Suits in Alabama, Connecticut

Apple, Google Hit with Illegal Gambling Suits in Alabama, Connecticut

by October 23, 2020

Apple and Google were hit with a flurry of lawsuits in Alabama and Connecticut, with plaintiffs contending that the two tech giants have been promoting and profiting from games in their app stores that constitute illegal gambling under statutes in the two states.In Alabama, ...

Betsson Adopts Single-Brand Strategy in UK, Shuts 8 Online Casino, Sportsbook Brands

Betsson Adopts Single-Brand Strategy in UK, Shuts 8 Online Casino, Sportsbook Brands

by October 22, 2020

Online gambling operator Betsson announced Wednesday that it has decided to pull eight of its nine UK-facing brands as it looks to streamline its operations in that market and concentrate its efforts on growing in other, more lucrative regulated territories.All eight online ...

Genesis to Expand Slots Content with Pragmatic Play Deal

Genesis to Expand Slots Content with Pragmatic Play Deal

by October 22, 2020

Online casino games maker Pragmatic Play has teamed up with iGaming operator Genesis Global to supply its brands with its entire slots portfolio.Founded in 2014, Genesis is a Malta-based online casino and sports betting operator that boasts a portfolio of 15 brands, includin ...