In a bold fiscal move, New Jersey Governor Phil Murphy has proposed significant tax increases on online sports betting and internet gambling, sparking widespread concern among casinos and betting firms. The proposed hikes, which would see taxes on both sectors rise to 25% from their current rates of 13% and 15%, respectively, are part of the Governor’s broader budget plan aimed at bolstering state revenues. Despite...
Relax Gaming, the acclaimed iGaming aggregator and unique content supplier, has significantly expanded its footprint in Latin America by launching its services in Brazil and Peru on January 1st. This move is part of the company’s broader strategy to penetrate key emerging markets, following successful launches in Mexico in 2021 and Colombia in 2022. The entry into these markets is seen as a critical step in...
In a significant legal confrontation, the Lytton Rancheria of California, along with the Dry Creek and Cloverdale Rancheria of Pomo Indians, has filed a lawsuit against the U.S. Department of the Interior (DOI) and the Bureau of Indian Affairs (BIA). The lawsuit, submitted to the United States District Court for the District of Columbia, centers on the expedited approval of a casino project slated for the Koi Nation of Northern California....
The Philippines has marked a significant advancement in its financial oversight mechanisms by exiting the Financial Action Task Force’s (FATF) gray list, a move that reflects its strengthened anti-money laundering (AML) and counter-terrorism financing (CTF) frameworks. Choon Hong Chua, Moody’s head of financial crime practice for the Asia-Pacific and Middle East, emphasized, “Exiting the gray list will boost investor confidence and financial stability.” This development highlights the country’s enhanced...
Jamul Casino is poised to redefine luxury in San Diego County, California, with the opening of its new 16-story hotel tower this spring, marking a significant transformation into the Jamul Casino Resort. “This all-new hotel symbolizes a milestone in our tribe’s progress and our enduring commitment to autonomy,” stated Erica M. Pinto, Chairwoman of the Jamul Indian Village. “We’re not only transitioning from a casino to a full resort;...
Print Studios’ latest release, Big Stack Lumberjack, transports players to a dense forest where a rugged woodsman chops his way to massive rewards. With unique mechanics, stacked tree symbols, and a top payout of 20,000x the bet, this game blends traditional slot action with innovative features. Immersive gameplay and design: Set against a backdrop of towering trees and rolling hills, Big Stack Lumberjack creates...
Light & Wonder, Inc. has concluded a remarkable fiscal year with outstanding achievements across all sectors, cementing its commitment to achieving its 2025 financial goals. In 2024, the company reached a milestone with record consolidated revenue of $3.2 billion, a 10% increase attributed to robust performance throughout its operations. The gaming division excelled with revenues of $2.1 billion, a significant rise of 12%, spearheaded...
The Kewadin Casinos, owned and operated by the Sault Ste. Marie Tribe of Chippewa Indians, are preparing to reopen after a cyberattack earlier this month forced the closure of all five locations. The reopening process will occur in stages, beginning Wednesday at noon with the casino in Sault Ste. Marie. Tribal Chairman Austin Lowes, quoted by Detroit Free Press, acknowledged the...
International Game Technology (IGT) is undergoing a significant transformation as Apollo Global Management proceeds with its $6.3 billion acquisition of the company’s gaming and digital business. The transaction, which also includes Everi Holdings, is expected to close by the third quarter of 2025, pending regulatory approvals. Once finalized, Apollo will establish a new Las Vegas-based gaming entity under the IGT...
oxProcessing, a recognized player in crypto payment solutions, partners with visionary artist Pokras Lampas for a standard-setting collaboration at SiGMA Eurasia 2025, scheduled from February 23-25, 2025, in Dubai. At the heart of this partnership is 0xProcessing’s booth, designed by Pokras Lampas—an impressive fusion of industrial aesthetics with organic, natural elements. “I was inspired by the poetic manifesto ‘Love, Luck,...