In 2024, Intralot reported $4069 million in total revenue, a 34% rise from the previous year A robust Q4 in which revenue jumped 343% to $1228 million was a major factor in the company's expansion At $3855 million, gross gaming revenue (GGR) increased by 2% as well With lottery games accounting for 548% of total earnings, they continued to be..

In an effort to stop the annual burning of 3,000 tonnes of playing cards, MGM has announced a ground-breaking recycling initiative in Macau Through this project, a local recycling system that turns used cards into environmentally acceptable packaging will be established in partnership with Fnetlink Technology, a company based in Shenzhen Every..

In the UK, there have been requests for local government leaders to take more aggressive action due to worries about gambling harm and advertising According to SBC News, city leaders are being pushed to intervene when national attempts fail, even as the UK Gambling Commission (UKGC) and the Department for Culture, Media, and Sport (DCMS) create..

An important step toward fusing digital assets with traditional finance has been taken with the official filing for an initial public offering (IPO) by Circle, the firm that created USDC (TradFi) The filing places Circle at the forefront of blockchain usage in traditional financial institutions at a time when regulatory scrutiny of the..

According to current official data cited by Yonhap News Agency, there are 1629 million bitcoin investors in South Korea This number illustrates the quick growth of the use of digital assets and accounts for a sizeable percentage of the 52 million people living in the nation To guarantee accuracy, accounts were only tallied once per user across..

FTX is moving forward with its repayment plan, with distributions scheduled to begin on May 30, according to business restructuring lawyer Andrew Dietderich Bloomberg reports that the exchange will use its $114 billion cash reserves—accumulated since its collapse—to compensate major creditors These creditors include individuals and..

Macau's casino gross gaming revenue (GGR) experienced a 08% year-on-year increase in March, reaching approximately MOP 1966 billion (US$245 billion), according to data released by the city's Gaming Inspection and Coordination Bureau However, the GGR in March marked a slight decline of 04% compared to February's MOP 1974 billion With the March..

By 2025, Evoke, the parent company of 888casino, 888sport, and William Hill, plans to reduce its operating expenses by £25 million ($3237 million) The action is intended to address the first quarter's slower-than-expected revenue growth and offset growing labor costs After changing its name from 888 in 2023, the company's pre-tax losses for..

In 2024, Wynn Macau produced outstanding financial performance, more than doubling its profit over the year before Despite intense competition in Macau's casino industry, the corporation credited its success to a stable market share and rising gaming income Owner-attributable profit increased significantly from HK$117 billion in 2023 to HK$32..

Spain’s online gaming industry experienced significant expansion in 2024, according to the General Directorate for the Regulation of Gaming (DGOJ) The regulator’s Annual Report on Online Gaming revealed a Gross Gaming Revenue (GGR) of EUR 1,45459 million (USD 1,5716 million), reflecting a 1761% increase compared to 2023 The number of active..

Thailand’s parliament could review the Entertainment Complex Bill for casino resort legalization as early as April 9, according to a report from the Bangkok Post on Monday The update came from Wisut Chainarun, the Thai government’s chief whip This would be just in time before the weeklong celebration of the Thai New Year, or Songkran The..

apan is preparing to reclassify cryptocurrencies as financial products and introduce insider trading rules similar to those governing traditional financial markets, according to a report from Nikkei The Financial Services Agency (FSA) is working on legislative changes that could be submitted to parliament by 2026 Discussions with industry..

The European Insurance and Occupational Pensions Authority (EIOPA) is calling for stricter rules on how insurers handle crypto investments The regulator has advised the European Commission to impose a 100% capital requirement for digital assets held by insurance companies Under EIOPA's recommendation, insurers must fully back their crypto..

Universal Entertainment Corp, the Japan-based parent company of Okada Manila in the Philippines, has introduced a new management framework aimed at improving governance and decision-making processes The announcement came after the company’s annual shareholder meeting on Thursday The updated structure includes a board of directors and 12..

Former President Donald Trump has reportedly granted pardons to three co-founders of the cryptocurrency exchange BitMEX Arthur Hayes, Benjamin Delo, and Samuel Reed were each convicted nearly three years ago for failing to implement adequate anti-money laundering measures at the exchange According to CNBC, the pardons were issued on Thursday,..

Leading cloud computing technology provider Aethir has partnered with Reality+ to launch a state-of-the-art Doctor Who: Worlds Apart Users can now access the game straight through advertisements or web pages without the need for downloads thanks to Aethir's Instant Play streaming technology The goal of this creative integration is to lower user..

Penske Media Corporation, the owner of Rolling Stone and other renowned media brands, is reportedly in advanced negotiations to acquire the Downtown Grand Hotel & Casino in Las Vegas According to Vital Vegas, the company is a leading contender for the purchase, marking a significant shift for the underperforming casino CIM Group, which has..

According to the Las Vegas Review-Journal, Resorts World Las Vegas has laid off scores of workers This action comes after the Nevada Gaming Control Board (NGCB) imposed a regulatory penalty Less than 50 full-time employees would be impacted by the company's personnel reduction, which was confirmed in a statement According to Resorts World, the..

Cryptocom has announced the closure of its investigation by the US Securities and Exchange Commission (SEC) without facing any enforcement action CEO Kris Marszalek confirmed the decision on March 27 through a post on X, celebrating the firm’s resilience ”They used every tool available to attempt to stifle us, restricting access to banking,..

With the passage of Bill 48, the iGaming Alberta Act, Alberta is making a major move toward the growth of its online gaming industry The draft law, which was unveiled on Wednesday, intends to oversee private-sector businesses that provide online sports betting and casino games in addition to the province's existing operations Currently, Play..