Holland Casino, the prominent Dutch state-owned operator, concluded 2024 with a decrease in annual revenue and a significant dip in pre-tax profits, reflecting the financial pressures it faced during the year. Despite these challenges, the company ended the year on a cautiously optimistic note, underscoring operational progress in key areas such as responsible gaming. Financial decline amid increased tax burden: The casino’s total...
In an exciting development for both sports fans and fantasy enthusiasts, PrizePicks has officially partnered with the San Diego Padres, marking its first team partnership in the state of California. The deal solidifies PrizePicks’ presence in one of the largest and most engaged sports markets in the United States, despite California’s ongoing uncertainty regarding the legalization of sports betting. A groundbreaking partnership for PrizePicks and the Padres:...
A confidential investigation that once rattled the global iGaming sector has taken a new turn, as Black Cube, a private Israeli intelligence agency, has been identified as the firm behind a controversial report targeting Evolution AB. Despite this disclosure, the identity of the party that hired Black Cube remains unknown, fueling continued legal strife. Black Cube, established in 2010 by...
The Lake Mac Casino Resort, situated just south of Interstate 80 in Ogallala, Nebraska, is progressing with its plans to introduce a temporary gaming facility later this year. According to Elite Casino Resorts, the company behind the project, this initial setup will provide limited gaming experiences while preparations for the permanent resort complex continue. Lake Mac Casino Resort’s temporary opening and long-term...
WarHorse Casino in Omaha marked a significant milestone with the completion of its expansion on Tuesday. This development introduces 400 additional slot machines, two new dining options, and a skywalk linking the parking structure directly to the casino. Furthermore, the expansion creates 130 new job opportunities, expanding the workforce at the casino to a total of about 480 employees, according to Lance...
In a significant move toward better regulation of the country’s gambling sector, the Sri Lankan government has introduced a proposal for the establishment of the Gambling Regularization Authority. This new body will be responsible for overseeing a wide range of gambling activities, including online platforms, offshore casinos, and betting activities aboard ships, particularly in Colombo Port City. A comprehensive mandate for the new gambling...
Over the past decade, the global online casino industry has undergone significant changes, driven by technology, changing user behavior, and evolving regulation. Switzerland stands out as one of the few countries in Europe that has taken a proactive and structured approach to online gambling, putting responsible gaming and player protection at the heart of its legal framework. As the digital...
While originally coming to fruition in 1994, online casino gaming has made huge leaps forward in the last decade. Casinos, though, go back to a time where accurate records are still difficult to corroborate. The universal belief of experts and historians is that the first casino emerged 377 years ago in Italy – Venice to be precise. Casinos now are...
In a move to protect Arizona residents and uphold the state’s gaming laws, the Arizona Department of Gaming (ADG) has issued cease-and-desist orders to several unlicensed and unregulated gambling operators. These operators, which include both domestic and international companies, have been accused of unlawfully targeting Arizona players by offering illegal gambling services. The impact of illegal gambling on Arizona’s economy: The recent enforcement...
Prediction market platform Kalshi has initiated a federal lawsuit against the Maryland Lottery and Gaming Control Commission (MLGCC), escalating an ongoing legal battle over whether its sports event contracts constitute unlawful sports wagering under state law. This marks the third time Kalshi has turned to the courts to dispute regulatory efforts aimed at halting its operations—following similar actions in Nevada...