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 Online Gambling Industry News You can Trust


Fremont Hotel and Casino Completed its Renovation Worth $50 Million

fremont hotel and casino completed renovationBoyd Gaming announced that the Fremont Hotel and Casino completed its renovation worth $50 million. The company operates various properties in Las Vegas. After the refurbishment, visitors can now enjoy a bigger gaming space. Also, the company said that it added 10,000 square feet to the gaming area. Thus, it now has 120 more games in the overhauled gaming area.

The facility has a "more open floor plan" today, according to the best pay per head bookie. Also, it features taller ceilings to give the impression of a larger room. There have also been renovations to the hotel lobby and a casino bar in Fremont. The downtown casino also features a brand-new food court and sportsbook.

Boyd stated that other facilities have been installed in stages beginning in 2022, despite the recent completion of the $50 million renovation. The facility renovated its carpeting and made other cosmetic changes in addition to adding an extra gaming area, higher ceilings, and a sports bar. Even though it still has that familiar vibe, Fremont now has even more room for fun things to do.

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Tabcorp Receives a New Fine in New South Wales

tabcorp new fineTabcorp is Australia's most prominent gambling firm. However, it received a new fine of around $10,000. According to bookie pay per head reports, it was for violating New South Wales' ad regulations. The gambling operator persuaded visitors of its site to gamble.

Whether or not they signed up for an account, the ad was seen by everybody who visited Tabcorp's website. Later, Tabcorp explained the promotion away by saying it was due to an error within the company.

According to bookie pay per head experts, promotions that target New South Wales residents and urge them to bet are illegal. In general, businesses cannot incentivize New South Wales residents to play, establish an account, maintain an account, or agree to receive promotional materials. Therefore, the Australian gaming giant must pay the fine.

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NY Sports Betting Revenue Increases 42% Year-Over-Year

ny sports betting revenueJune is a crazy month for sportsbooks in New York. Although NY sports betting revenue dropped during the month, it is still higher than the same month last year.

According to gambling software solutions sources, New York online sportsbooks earned a gross gaming revenue of $103.8 million. It was lower by 31.7 percent compared to May. However, it is an increase of 42 percent year-over-year.

The New York Gaming Commission released a recent revenue report that showed a handle of $1.17 billion. According to bookie tutorials and news sites, the state had a sports betting handle of over one billion dollars in the tenth straight month. Although bets were down 14 percent from May, it is higher by 11.3 percent compared to June last year.

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King Media to Benefit from SOFTSWISS Jackpot Aggregator

softswiss jackpot aggregatorKing Media signed a deal with SOFTSWISS. As a result, it has access to the SOFTSWISS Jackpot Aggregator, which will power the jackpot campaigns for King Media's MGA and Curacao online casinos.

King Billy Casino's parent business, Kings Media LTD, and SOFTSWISS, the industry standard in cutting-edge iGaming technology, have announced a new deal. According to sportsbook pay per head providers, the companies announced their new partnership on Thursday. Also, the latter agreed to use the former's Jackpot Aggregator to launch three exclusive jackpot campaigns for King Media.

King Billy's MGA and Curacao casinos are the focus of the latest advertising pushes. The partnership aims to increase the excitement and thrill for casino patrons. Sportsbook pay per head reviews and news sites anticipated that Jackpot Aggregator would favor Kings' income and retention rates.

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Chile Increases Online Gaming Tax Revenue with New Law

online gaming tax revenueOnline gambling is about to be launched in Chile. The Ministry of Finance released new measures that operators must comply with regarding tax payments and licensing. Thus, the online gaming tax revenue will be more significant than the previous estimate.

According to bookie pay per head sources, the new guidelines would allow the government to increase tax revenue from the gambling industry. Also, the measures follow what policy stakeholders agreed on when the legislation was still being discussed.

The SCJ will supervise the online gambling market. Also, it will oversee the licensing process and activities of the operators. In addition, operators need to use the .cl domain. The SCJ will ensure operators comply with international transparency and security standards. That's how to be a bookie in Chile.

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Enjoy Group Considers Selling LATAM Assets after Failed Merger

enjoy groupSouth African casino firm, Enjoy Group, contacted the Commission of Financial Markets of Chile to discuss the potential sale of its casinos in Uruguay and Chile. Also, the decision came after Enjoy failed to merge with DREAMS SA.

According to bookie pay per head experts, the April deadline for the merger between Enjoy and the firm came and went without action. Enjoy Group has been looking for alternative long-term strategic initiatives to increase profits ever since.

The news comes after a report by Diario Financiero on July 30 that Enjoy was selling its assets in Chile and Uruguay.

Enjoy Group to Sell LATAM Assets

According to sportsbook PPH reports, the corporation may gain from a deal if it sells its operations in Chile and Uruguay. Enjoy Group has been working with their financial advisor, ASSET Chile, to plan this transition. ASSET Chile aims to attract investors and strike a contract to help the firm thrive.

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The Most Valuable City in Sports Gambling

The Most Valuable City in Sports GamblingIt’s the most valuable city in sports gambling. There are so few people outside on a spring afternoon in this little Colorado town that you can hear the North Clear Creek, which runs through it, flowing with water. And yet, this community of just 100 people, who reside in 61 homes, is the most expensive in all of America's regulated sports betting regions.

Key Points

– Sports gambling thrives in a small Colorado town.

– Black Hawk has a rich, interesting history that has led to its link to sports betting.

Sports Gambling, Meet Black Hawk, Colorado

Black Hawk, Colorado stands alone as the sports gambling center of this new world as we mark the fifth anniversary of a Supreme Court ruling that permitted states to determine their own sports gambling fate.

There are more valuable states than Colorado in the era following the repeal of the Professional and Amateur Sports Protection Act of 1992. Over the past five years, wagers totaling more than $20 billion have been placed in five different states: Illinois, New Jersey, Nevada, New York, and New Jersey.

 

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