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Gamesys fined £6m by UKGC for social responsibility and AML failures

Games, NewsJanuary 11, 202454Views 0Likes 0Comments

What happened? The UK Gambling Commission (UKGC) has imposed a £6m penalty on Gamesys, an online gambling operator that runs 16 websites such as ballycasino.co.uk, doublebubblebingo.com, jackpotjoy.com and megawayscasino.com. The fine was issued after an investigation revealed that Gamesys had failed to comply with its social responsibility and anti-money laundering (AML) duties. The investigation was launched…

Pragmatic Play and Gaming1 expand their partnership with Live Casino content

Casino, NewsJanuary 11, 202442Views 0Likes 0Comments

Pragmatic Play, one of the leading content providers to the iGaming industry, has announced a new agreement with Gaming1, a leading online casino operator in Belgium and the Netherlands. The deal will see Pragmatic Play’s comprehensive Live Casino content delivered to Gaming1’s popular Circus brand, which offers premium Slots and other casino games. The partnership follows…

Sportsbet.io Player Wins Record-Breaking $42 Million Slot Jackpot

NewsJanuary 11, 202449Views 0Likes 0Comments

A Sportsbet.io player has recently hit the largest slots jackpot ever recorded, winning an astounding $42 million from a single $50 spin. This monumental win occurred on December 20, 2023, when the player was betting in USDT cryptocurrency on Alchemy Gaming’s Wheel of Wishes slot game. How the Jackpot Was Won The lucky customer revealed that…

EGT Digital Enters the Italian Market with Microgame Partnership

NewsJanuary 11, 202445Views 0Likes 0Comments

A new milestone for both companies EGT Digital, a leading provider of gaming content based in Bulgaria, has announced its expansion to the Italian market, thanks to a deal with Microgame, one of the most prominent online gaming service providers in Italy. The partnership will allow EGT Digital to offer its games on 35 betting…

Gaming REITs: A Bright Spot in the Post-Pandemic Era

NewsJanuary 11, 202448Views 0Likes 0Comments

Gaming real estate investment trusts (REITs) have been one of the most resilient sectors in the wake of the coronavirus pandemic, thanks to their triple-net lease structures, cost-cutting measures and pent-up consumer demand. The U.S. gaming sector recovered quickly from the initial shock and outperformed the broader market in 2020 and 2021. Analysts expect the…

Oklahoma Eastern Shawnee Tribe Casinos Exposed to Data Breach

Casino, NewsJanuary 11, 202463Views 0Likes 0Comments

What happened? The Oklahoma Eastern Shawnee Tribe (OEST) announced on December 15, 2023, that its casinos and gaming operations were affected by a data breach that occurred on December 1, 2023. The breach compromised the personal and financial information of some tribal members, employees, and vendors. According to the tribe’s news release, the breach was caused…

Bet365 Rides Wave of Increased Gambling Revenue in 2022-23

Gambling, NewsJanuary 10, 202436Views 0Likes 0Comments

Bet365, one of the world’s leading online gambling operators, has reported a significant increase in its revenue and gaming and betting revenue for the 2022-23 financial year. The company posted a total revenue of £3.4 billion ($4.32 billion), up 19% from the previous year, despite posting a loss of £61.2 million ($77.6 million). The company attributed…

7777 Gaming Expands to Macedonia with Megawin.mk Partnership

NewsJanuary 10, 202442Views 0Likes 0Comments

A new online gaming platform for Macedonian players 7777 Gaming, a leading online gaming company that specializes in slot games and live casino, has announced a strategic partnership with Megawin.mk, the national lottery of Macedonia. The collaboration aims to provide an exceptional gaming experience for Macedonian players, offering them a wide range of options, including…

Pragmatic Play launches The Big Dawgs slot with a twist

NewsJanuary 10, 202444Views 0Likes 0Comments

Pragmatic Play, one of the leading providers of online casino games, has released a new slot game called The Big Dawgs. The game is inspired by the American West and features wild animals such as bears, wolves, eagles and horses. However, unlike other slots that have simple rules and payouts, The Big Dawgs has a…

WA.Technology appoints Francesco La Deda as chief financial officer

NewsJanuary 10, 202439Views 0Likes 0Comments

A distinguished executive joins the igaming company to lead its finance department and drive its growth plans WA.Technology, a leading igaming company that provides innovative solutions for online casinos, sports betting, and poker, has announced the appointment of Francesco La Deda as its chief financial officer (CFO). La Deda will be responsible for overseeing the…