iGaming Team

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iGaming Team's latest articles


Global Bitcoin Adoption Hits 650 Million Users and Growing

Initially intended as "peer-to-peer digital cash," Bitcoin (BTC) has mostly been regarded as a store of wealth But according to a recent research co-authored by the Bitcoin scaling company Breez, the cryptocurrency is making a significant resurgence as a mode of payment This change is being driven by a layer-two scaling solution called the..
1 year ago

TON Becomes Telegram’s Exclusive Blockchain for Mini Apps Starting February 21

On February 21, Telegram will introduce new guidelines that will make The Open Network (TON) the only blockchain available for Mini Apps In order to hasten this shift, TON is providing developers switching from other blockchains with cash incentives, technical support, and marketing opportunities Depending on the number of users an app has,..
1 year ago

Interwetten Extends Partnership with New England Patriots Until 2026

The New England Patriots and Interwetten have extended their cooperation for an additional two years The deal, which is now in effect until 2026, intends to increase American football's visibility in Germany by providing fans with unique experiences and activities Interwetten and the Patriots will continue to interact with German soccer fans..
1 year ago

China Intensifies Crackdown on Illegal Online Gambling and Cross-Border Betting

In 2024, China's Ministry of Public Security stepped up its efforts to combat unlawful online gambling, taking down more than 4,500 illegal betting sites Investigators looked into 73,000 cases of cross-border gambling, focusing on schemes to get Chinese nationals to wager abroad In addition, law enforcement arrested almost 11,000 people and..
1 year ago

Illinois Lawmakers Push for Online Casino Gaming Expansion

Illinois legislators are making another attempt to legalize online casino gaming Senator Cristina Castro and Representative Edgar Gonzalez have introduced SB 1963 and HB 3080, respectively, to establish the Internet Gaming Act If approved, the Illinois Gaming Board would oversee internet-based casino operations, further expanding the state’s..
1 year ago

DoubleDown Interactive Reports $341.3M Revenue for FY 2024

With $3413 million in revenue at the end of FY 2024, DoubleDown Interactive increased its earnings by 105% However, Q4 2024 sales dropped to $82 million, a 13% year-over-year decline CEO Keuk Kim emphasized the company’s resilience despite the quarterly dip “DoubleDown’s fourth quarter results highlight the ability of our businesses to..
1 year ago

Mike Bean Appointed CEO of Morongo Casino Resort & Spa

Mike Bean has been appointed as the new CEO of Morongo Casino Resort & Spa by the Morongo Band of Mission Indians He will manage the resort's and Casino Morongo's operations in this capacity, directing the establishments toward continued expansion and prosperity Bean joins the role having worked in the game industry for over 30 years His..
1 year ago

LGS Issues Warning on Fraudulent Casino Advertisements

Residents are being warned by Lotteries and Gaming Saskatchewan (LGS) against misleading advertisements that purport to be online representations of the province's physical casinos Scammers have been employing deceptive advertisements to trick users into divulging vital financial information, even though Saskatchewan has tight laws against online..
1 year ago

Slotegrator Adds Urgent Games Titles to Expand Market Presence

Slotegrator is expanding its presence in Latin America and Europe through a new partnership with Urgent Games, a well-known developer of HTML5 casino games This collaboration brings Urgent Games’ diverse catalog of over 150 titles to Slotegrator’s platform, covering popular formats like slots, crash games, bingo, baccarat, and roulette Urgent..
1 year ago

How Regulatory Shifts Are Reshaping Media Buying in iGaming

The iGaming industry is no stranger to change, especially when it comes to regulations As governments tighten rules around gambling, media buyers are feeling the pressure to rethink how they advertise in this space These changes affect everything from ad creatives to user acquisition strategies, creating both challenges and opportunities for those..
1 year ago

WEMIX PLAY Launches “Golf Super Crew” Globally to Kick Off 2025

WEMIX PLAY is starting 2025 strong with the global release of Golf Super Crew, a new mobile golf game designed to deliver fast-paced, immersive, and highly competitive gameplay As the first game to debut on WEMIX PLAY this year, Golf Super Crew brings real-time interactive matches, stunning courses, and unique shot techniques, raising the bar for..
1 year ago

Washington Court Orders $24.9M Damages Against High 5 Games for Illegal Gambling

In a historic decision, a Washington court ordered online casino operator High 5 Games to pay $249 million in damages This landmark ruling comes after the court found that the company's social casino service violated state law A group of Washington players who lost money while gambling on the website were ordered by the court to get..
1 year ago

Churchill Downs Halts Retail Sports Betting Due to Low Profitability

The famous racetrack that hosts the Kentucky Derby, Churchill Downs, has made the decision to cease taking sports wagers This action follows WLKY reporting confirming that retail sports betting will stop on Sunday The decision to discontinue retail sports betting was influenced by what the track described as “low profitability from retail..
1 year ago

Brian Sandoval Joins Resorts World Las Vegas Board of Directors

Brian Sandoval, who brings a lot of experience to the team, has joined Resorts World Las Vegas' Board of Directors Sandoval has a strong experience in both the gambling sector and public service He was the 30th governor of Nevada for eight years In addition, he served as the Nevada Gaming Commission's chairman A Vision for Innovation and..
1 year ago

UK Gambling Sector Sees Robust Growth in Q3 2024, Fueled by Online Performance

According to data from the UK gaming Commission, the gaming sector had a notable uptick in the third quarter of 2024 One significant factor was online gambling, as the Gross Gambling Yield (GGY) reached a new high of £154 billion ($191 billion), up 21% from the previous year Online Slots and Real Event Betting Lead the Charge With GGY..
1 year ago

Maryland’s Sports Wagering Revenue Sees Continued Growth in January 2025

In January 2025, Maryland's sports betting market grew by 26% year over year, indicating encouraging growth $821 million was earned by the state from sports betting, of which $82 million was contributed to Maryland's Future Fund Since the state legalized sports betting in December 2021, this was the fourth-highest single-month contribution Strong..
1 year ago

Livespins Secures Malta Gaming Authority Supplier License to Expand Market Reach

The Malta Gaming Authority (MGA) has awarded a supplier license to Livespins, a leading live-streaming gaming provider The company, which is well-known for its inventive Bet With Streamers game, has reached a significant milestone with this approval Livespins is now prepared to work with a variety of operators in new markets, extending its reach..
1 year ago

Western Australia Strengthens Gambling Laws with Increased Penalties and Enforcement Powers

Significant progress is being made by the Western Australian (WA) government to strengthen oversight of the gambling industry WA has increased enforcement authorities and penalties as part of a comprehensive legislation overhaul to better enforce existing laws and fight unlawful gambling The changes are in response to suggestions made by the Perth..
1 year ago

Rīga Council Proposes Sweeping Restrictions on Gambling in the City

Plans have been made by the Rīga City Council to implement stringent laws that would all but ban gambling in the capital of Latvia Aiming to specify precise locations where gaming operations will be prohibited, the new regulations are currently under construction The Rīga The city's main goal is to make Rīga a gambling-free area, Mayor..
1 year ago

Superbet Secures $1.34 Billion Refinancing Deal to Fuel Global Expansion

A noteworthy $134 billion refinance deal between Superbet and its existing backers, HPS Investment Partners and Blackstone, has been revealed In addition to offering flexibility for upcoming mergers and acquisitions (M&A), the new funds will help Superbet enter new markets like Brazil Additionally, the investment will make it possible for the..
1 year ago