Nova Rainier - Casino News Press

everi holdings financial performance analysis

Analyst Trends Boost Everi Holdings’ Estimates

NewsJuly 10, 2024235Views 0Likes 0Comments

Everi Holdings, a prominent player in the gaming industry, has seen a significant boost in its financial estimates following recent analyst trends. Jefferies Equity Research analyst David Katz has raised his projections for Everi’s second-quarter results, citing that previous assumptions about the company’s performance were too conservative. Katz’s revised estimates reflect a positive outlook for…

Macau’s Gaming Industry Faces Temporary Downturn Amid Global Challenges

NewsJuly 10, 2024271Views 0Likes 0Comments

Macau’s gaming industry, a cornerstone of its economy, is experiencing a temporary downturn. This decline, while not unexpected, is attributed to a combination of global economic uncertainties and local regulatory changes. Despite these challenges, analysts remain optimistic about the long-term prospects of Macau’s gaming sector, citing its resilience and adaptability. Economic Factors Influencing the Downturn The…

New Jersey Fines DraftKings $100K for Reporting Inaccurate Sports Betting Data

NewsJuly 9, 2024364Views 0Likes 0Comments

In a significant regulatory action, New Jersey gambling regulators have fined DraftKings $100,000 for reporting inaccurate sports betting data to the state. The errors, which involved overstating the amount of money wagered on parlays and understating other categories, led to the correction and reposting of financial data for several months. This incident has highlighted weaknesses…

BetParx Expands iGaming Offer with White Hat Studios Partnership

NewsJuly 9, 2024236Views 0Likes 0Comments

In a strategic move to enhance its iGaming offerings, BetParx has partnered with White Hat Studios to deliver a comprehensive portfolio of market-leading titles across three key states: Pennsylvania, New Jersey, and Michigan. This collaboration aims to provide BetParx users with access to a wide range of high-quality, innovative games, including popular slots and table…

fun88 title sponsor vizag warriors andhra premier league

Fun88 Becomes Title Sponsor for Vizag Warriors in Andhra Premier League

NewsJuly 8, 2024233Views 0Likes 0Comments

Fun88, a leading sports and entertainment company, has announced its title sponsorship of the Vizag Warriors for the ongoing season of the Andhra Premier League (APL). This partnership is a significant boost for the Vizag Warriors, enhancing their resources and capabilities as they compete in the league. The collaboration underscores Fun88’s commitment to supporting regional…

Nevada Sportsbooks to Gain Faster Path for Rescinding Past-Posted Wagers

NewsJuly 8, 2024255Views 0Likes 0Comments

Nevada regulators are considering a significant change to the state’s sports betting regulations, aiming to streamline the process for sportsbooks to rescind past-posted wagers. This proposed regulation change would allow sportsbooks to cancel bets placed after an event has started without needing prior approval from the Nevada Gaming Control Board chair. The move is intended…

google expands ad policy dfs lottery couriers

Google Expands Ad Policy to Include DFS and Lottery Couriers in the US

NewsJuly 4, 2024228Views 0Likes 0Comments

In a significant policy shift, Google has announced that it will begin accepting advertisements for daily fantasy sports (DFS) and lottery courier services across many states in the United States starting July 15, 2024. This update to Google’s Gambling and Games policy marks a major expansion in the types of gambling-related ads that can be…

mid tier las vegas strip properties earnings boost 2024

Mid-Tier Strip Properties Set to Benefit from Mirage and Tropicana Closures

NewsJuly 4, 2024208Views 0Likes 0Comments

The recent closures of the Mirage and Tropicana casinos on the Las Vegas Strip are poised to significantly impact the earnings of mid-tier properties. According to analysts, the reduction in available hotel rooms will drive up demand and average daily rates for remaining operators. This shift is expected to create a favorable environment for mid-tier…

Danish Gambling Authority Requires Supplier Licences by January 2025

NewsJuly 2, 2024224Views 0Likes 0Comments

In a significant move, the Danish Gambling Authority has announced that starting from January 1, 2025, all game suppliers must obtain a license to provide games to operators with a Danish license for betting and online casinos. This new requirement aims to enhance regulatory oversight and ensure the integrity of the gaming industry. The Application Process…

Pennsylvania Lawmakers Aim to Shield Problem Gamblers from Ads

NewsJuly 2, 2024258Views 0Likes 0Comments

In a groundbreaking move, Pennsylvania legislators are pushing for stronger protections for problem gamblers. Led by Senator Wayne Fontana and a bipartisan group of lawmakers, a new draft law seeks to ensure that vulnerable players are shielded from targeted gambling advertisements. The Problem and Proposed Solutions Pennsylvania has witnessed a surge in gambling options, both in-person…