News

In a strategic move that signals a new era of innovation, PENN Entertainment has appointed Aaron LaBerge as its new Chief Technology Officer. LaBerge, who brings over two decades of experience from The Walt Disney Company and ESPN, is set to spearhead PENN’s technological advancements in the rapidly evolving digital gaming and sports media industry. A…

In a significant move, DraftKings (Nasdaq: DKNG) has named Lori Kalani as its Chief Responsible Gaming Officer. Reporting directly to DraftKings’ CEO, Jason Robins, Kalani’s role is pivotal in ensuring the continued elevation and integration of player safety and protection initiatives across all aspects of the company’s platforms and player communities. Prioritizing Responsible Gaming “Responsible gaming…

In the dynamic world of casino gaming, International Game Technology (IGT) stands out with its blend of nostalgic favorites and cutting-edge slot games. The company’s portfolio expansion showcases a commitment to both honoring the classics and embracing innovation, ensuring a diverse and engaging experience for players around the globe. A Nod to the Classics IGT has…

Denmark’s commitment to responsible gambling has reached a new zenith as the self-exclusion program ROFUS registers its 50,000th user. This landmark figure underscores the country’s proactive stance on gambling addiction and the effectiveness of its preventive measures. A Decade of Responsible Gambling ROFUS, introduced in 2012, has been a cornerstone of Denmark’s responsible gambling framework. It…

In a bold legislative move, New Jersey State Senator John McKeon has proposed a significant tax hike for online gambling and sports betting operations within the state. The bill, known as Senate Bill 3064, aims to increase the tax rate to a substantial 30 percent, a notable jump from the current rates of 15 percent…

GlobiancePay, a fintech company founded in Europe, is making headlines with its innovative approach to integrating cryptocurrency remittances into the Philippine iGaming market. This strategic move aims to leverage the high digital adoption rate in the Philippines and provide a cost-effective solution for the large population of overseas Filipino workers. Bridging the Gap with Blockchain The…

In an unprecedented move, MGM Resorts International has initiated a legal challenge against the Federal Trade Commission (FTC), pushing back against an investigation into the company’s handling of a significant cybersecurity breach. The Catalyst of the Lawsuit MGM Resorts’ lawsuit stems from a cyberattack that compromised the company’s digital infrastructure. The incident, which occurred last year,…

As the gaming industry gears up for a week of earnings announcements, Bank of America has updated its casino earnings estimates, signaling a bullish outlook for the sector. This anticipation is set against a backdrop of economic recovery and increased consumer spending in entertainment and leisure activities. A Positive Outlook Amidst Economic Recovery Bank of America’s…

Nevada’s hotel industry is set to make a monumental contribution to the state’s economy with an estimated $8.1 billion in taxes for the year 2024. This projection places the Silver State’s hospitality sector among the top contributors in the nation, reflecting its vital role in the economic landscape. A Surge in State Revenue The forecasted tax…

March marked a milestone for Virginia’s casino industry, with Bristol and Portsmouth casinos hitting record revenues. As Danville’s casino approaches its one-year anniversary, the state’s bet on legalized gambling is paying off in spades. Bristol’s Betting Bonanza Bristol’s casino shattered its own revenue records in March, raking in an adjusted revenue of $16.3 million. This represents…