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Argentina to Implement Federal Gambling Protections
The Chamber of Deputies in Argentina identified vital committees and stakeholders to develop a framework for federal gambling protections. Their goal is to prevent gambling harm and find solutions to problem gambling. The Argentine Chamber of Deputies has appointed...
Las Vegas Casino Owner Expects Future Revenue Issues
MGM Resorts International has been working on improving its position in Las Vegas in 2024. On July 17, the Las Vegas casino owner closed the Mirage Resort Casino. Also, a Hard Rock International Guitar Hotel will replace it. According to casino reviews and news sites,...
How Gambling Companies are Tapping in Emerging Markets
The size of the online betting and gambling industry was $85.62 billion in 2023. Sportsbook software experts estimate it will increase to $133.59 billion by 2029. Countries like the United States, Canada, and the United Kingdom are the top markets with the highest...
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New York Sports Betting Handle Up in September
According to the latest reports, the New York sports betting handle increased to $1.8 billion in September, a 25 percent improvement from August. However, it was lower by 2.3 percent year over year. In addition, the gross gaming revenue dropped 3.7 percent to $159.4 million compared to the same month last year. The latest...
Codere Finalized Its Global Recapitalization, Reduced Debt by $1 Billion
Codere finalized its global recapitalization procedure and announced that it had reduced its debt from $1.52 to $207 million. In addition, the Spain-based operator aimed to change its capital structure. The company started in 1980 and pioneered retail sports betting...
Jennifer Tilly Exits High Stakes Poker After Losing Huge Pot
It is the tenth episode of High Stakes Poker Season 13 on PokerGO, and it started with Justin Gavri winning two straight six-figure pots. However, the excitement doesn’t stop there. The other players at the table matched Gavri’s winnings with huge pots of their own....
Restrictions Imposed on Brazilian Gambling Industry Payments
The government announced plans to restrict Brazilian gambling industry payments as part of a broader effort to regulate the sector. However, lawmakers are still deciding on specific regulations. The Ministry of Finance scheduled discussions with legal sportsbook...