Okada Manila Expands Online Gaming While Facing Lower Earnings Universal Entertainment Corp plans to grow its online gaming platform in the Philippines through its subsidiary, Tiger Resort, Leisure and Entertainment Inc (TRLEI) The parent company of Okada Manila confirmed that the casino resort is focusing on expanding its digital gaming..

Lawmakers in Indiana are holding off on legalizing online gambling (iGaming) and lottery sales, delaying any progress until at least the next legislative session House Speaker Todd Huston confirmed that the proposed bill, which aimed to introduce legal online gaming and iLottery, will not move forward this session Huston pointed to the complexity..

Criminals are focusing more on those who own digital assets as cryptocurrencies gain popularity In a startling kidnapping case in Chicago, six men are accused of kidnapping a family and demanding $15 million in bitcoin, according to recently released documents The victims' house was allegedly overrun by the accused, Fan Zhang, Huajing Yan,..

The Bloomberg Bitcoin & Gold Blend Indices are one of the first multi-asset indices to combine commodities and digital assets The Bloomberg Dollar, Bitcoin, and Gold Equal-Weighted Index (BBUG) and the Bloomberg Bitcoin and Gold Equal-Weighted Index (BBIG) are two of the recently introduced indices After 2024 was a big year for..

With the issuance of nine cease-and-desist letters to unlicensed online platforms, the Michigan Gaming Control Board (MGCB) has taken firm action against illegal gaming enterprises These illicit businesses provided gambling services for horse races and sporting events, as well as poker, slot machines, and blackjack MGCB Executive Director Henry..

Strong revenue growth is seen in DraftKings' financial statistics for the fourth quarter and full year of 2024, which were revealed recently The company's FY2024 revenue of $48 billion was a 301% increase over FY2023 revenue DraftKings' net loss decreased by around $295 million, to almost $5073 million, in spite of growing expenses Expenses..

The fourth quarter and full year financial figures of 2024 have been made public by Wynn Resorts, which showed a 91% increase in total operating revenue to $713 billion In spite of this, the business's net income fell by 314 percent, or little less than $5011 million Expenses for operations increased by more than $300 million, which was a major..

The Financial Activity Control Council (COAF) and Brazil's Prize and Betting Secretariat (SPA-MF) have clarified how betting companies should report suspicious activity More than 190 representatives from fixed-odds betting organizations' legal and compliance departments took part in a virtual meeting The topic of discussion during the event was..

In order to obtain sponsorships for sports betting, SCCG Management (SCCG) has partnered with SFT Combat, one of Brazil's top MMA promotions By partnering with leading betting companies, SFT Combat hopes to expand its market reach Stephen Crystal, the founder and CEO of SCCG, emphasized the importance of this collaboration by pointing out..

Online casino operators juggle multiple responsibilities, from managing their business to staying compliant and offering fresh gaming content Keeping up with these demands can be overwhelming, which is why many turn to iGaming aggregators for support An iGaming aggregator connects casino operators with game developers and payment providers,..

The Game Company, a cloud gaming startup based in Dubai, has partnered with BytePlus, ByteDance's enterprise division, to develop streaming technology and provide new incentives for content creators This partnership takes place right before the February 13 launch of The Game Company's GMRT token Through the integration of BytePlus's streaming..

Nakamoto Games is rapidly expanding its mobile gaming portfolio with the release of 10 new blockchain games on the NAKA Mobile App for Android and iOS Previously, these play-to-earn titles were only available on the company’s web-based platform, which already offers over 200 Web3 games With this expansion, Nakamoto Games continues to strengthen..

Major online sports betting and iGaming company Stake is no longer able to conduct business in the United Kingdom After an inquiry showed that its logo was posted on a social media site with an adult actress close to Nottingham Trent University, the UK Gambling Commission cancelled its license The regulator gave Stake until March 11 to shut..

In 2025, Iowa's sportsbooks saw a remarkable increase in revenue, despite a modest decrease in total wagers from December The Iowa Racing and Gaming Commission reports that last month, wagerers wagered $2897 million throughout the state January has always benefited from the football season's momentum But the trend has changed from prior years,..

After the Law and Legislation Committee of the City Council approved an ordinance permitting additional gaming tables, Sacramento's casino industry is poised for expansion According to the ruling, local card clubs will be able to add two tables starting in 2025 and then progressively every four years until ten more tables are added The..

According to reports, BitGo, a well-known cryptocurrency custodian, is in discussions with investment banks regarding a possible IPO in late 2025 Discussions are still going on, but no decision has been made yet The business would join an increasing number of cryptocurrency companies hoping to go public if it proceeds BitGo, which is well-known..

Churchill Downs has officially opened Owensboro Racing & Gaming, a new historical horseracing (HHR) and entertainment venue in western Kentucky This facility aims to enhance the region’s racing industry while providing financial support for Ellis Park Racing and Gaming’s summer meet in Henderson Strengthening Kentucky’s Racing..

Revenue from high-risk players has significantly decreased for Kindred Group, which reported a decline from 32% in Q3 to 27% in Q4 2024 Additionally, the proportion of patrons exhibiting better gambling behavior following interventions increased from 873% to 922% in the preceding quarter Increased regulations, more stringent internal..

In December, the sports betting market in Illinois recorded an incredible handle of about $15 billion, continuing its increasing trajectory This number, which includes bets on college games, professional sports, and other betting markets, is one of the biggest in the state since legal sports betting was introduced The previous record of $14..

Kroger, one of the biggest supermarket businesses in the US, is entering the online sports betting market Through its supermarkets and petrol stations, the Ohio-based corporation now allows customers to register with gambling operators, providing special incentives and promotions The Cincinnati Business Courier claims that the goal of this action..