Arkansas Supreme Court ruling annuls winning Pope County casino license bid
In Arkansas and the contest to pick the operator for a proposed Pope County casino has reportedly hit another stumbling block after the successful licensee had its winning bid effectively invalidated by the state’s highest court.
According to a Thursday report from the Arkansas Democrat-Gazette newspaper, an entity known as Gulfside Casino Partnership bested four other applicants last year to be given the right to bring a $254 million casino resort to the largely rural community of 61,700 people. The source detailed that the winning candidate’s proposal to the Arkansas Racing Commission had featured a mandated letter of support signed by Pope County Judge Jim Ed Gibson just a few days before his term expired at the end of 2018.
Detrimental delay:
<…
Alabama Legislature Fails to Pass Gambling Bills as Session Concludes
May 9 marked the end of the legislative session in the state of Alabama and, consequently, the failure of the highly controversial gambling bills, which the Senate did not pass.
Alabama’s Gambling Bills Stalled After House Approval
Despite the gambling bills’ successful passage at the Alabama House on April 30, their positive progress was stopped short by the Senate not even reaching the Senate floor for a vote.
To some extent, the bills’ demise was due to Sen. Greg Albritton last-minute change of mind. He supported the bills initially, however, he distanced himself from the legislation ev…
Benefits of Crypto Casino & Bitcoin Gambling Sites
Since launching in 1994, iGaming, including crypto casinos (the first in 2014) and Bitcoin gambling, has experienced a meteoric rise, most notably during the COVID-19 pandemic that saw mandatory temporary closings of brick-and-mortar casinos and shelter-at-home orders issued in early 2020.
According to one study that surveyed more than 2,000 people in Australia who gambled across the country between June and July 2020, nearly one in three survey participants created a new online betting account during the global outbreak of coronavirus, and one in twenty started gambling online. Furthermore, the study found that even with limited access to gambling venues, those surveyed gambled more frequently during COVID-19, with those gambling four or more times a week increasing from 23 perce…
Aristocrat Leisure Limited agrees Roxor Gaming Limited acquisition
Australian gaming machines and iGaming innovator Aristocrat Leisure Limited has announced the inking of a deal to acquire British business-to-business online casino games developer Roxor Gaming Limited.
The Sydney-listed firm used an official Monday press release to detail that the arrangement for an undisclosed amount of cash is now set to become official during the first quarter of next year so as to allow it to improve the scale and growth of its real-money iGaming strategy. The company declared that the transaction for the subsidiary of private investments firm Anzo Group Limited also includes the target’s pair of in-house development studios to further boost its own ‘online real-money gaming-specific technical and product development talent’.
Promising partnership…
Arizona legislature sends sports betting bill to governor’s desk
Lawmakers in Arizona have decided to approve sports betting as well as additional gambling opportunities for Native American tribes. On Monday, the Senate approved a bill that was passed by the House in March. The bill now moves on to Governor Doug Ducey for signing. It was Ducey who negotiated the compact with the tribes and encouraged lawmakers to pass the measure.
Details of the Measure
The bill will legalize sports betting at professional sports teams’ sites as well as tribal casinos. Players will be able to wager on professional and college sports. Fantasy sports gambling is also allowed along with keno games added to fraternal groups and horse racetracks.
The legislation is connected to an updated compact for gaming that the governor was able to negotiat…
Aristocrat Leisure Limited reveals potential third Playtech suitor
Australian gaming machines innovator Aristocrat Leisure Limited has reportedly divulged that it may soon encounter even more competition to its planned takeover of British online casino games and software developer Playtech.
According to a report from GGRAsia, the Sydney-headquartered firm floated a proposition worth approximately $3.7 billion last month that would see it purchase all of the target’s outstanding shares at an individual price of around $9.10. The source detailed that such a merger would create an entity with a considerable stake in both the online and land-based gaming sectors and help Aristocrat Leisure Limited to secure long-term growth by becoming a major player in the lucrative European iGaming market.
Quick competition:
However, this eventuality …
BetCity new branded live dealer studio in Netherlands via Stakelogic Live and ORYX Gaming
A “major deal” for both companies, Stakelogic Live has launched a suite of its Live network games with online betting and gaming operator, BetCity, with the partnership strengthening their positions in the Dutch market. Come from Sports betting site VPbet
Thanks to the new alliance, BetCity.nl‘s players are now able to test their skills via the state-of-the-art product offering from the live dealer division of leading online casino software developer Stakelogic, including American Blackjack tables, European Roulettes, Auto-Roulette and Auto-Roulette Classic tables.
Win-win deal:
“BetCity has quickly emerged as one of the top brands in the Netherlands thanks in part to its leading game port…
Aristocrat Leisure Ltd Reports Strong H1 Performance with Revenue Growth and Increased Dividend
Australia-listed gaming powerhouse Aristocrat Leisure Ltd unveils its stellar financial results for the first half, with revenue hitting just under AUD3.27 billion, marking a commendable 6.1 percent increase from the previous year.
Amidst a backdrop of economic fluctuations, the company posts an interim profit after tax and before amortization of acquired intangibles (NPATA) of AUD752.1 million, reflecting an impressive 8.6 percent surge from the corresponding period.
Dividends and buy-backs: rewarding shareholders:
Aristocrat declares a dividend of AUD0.36 per ordinary fully-paid share for the six months ending March 31, further solidifying its commitment to shareholders. Additionally, the company announces an AUD350 million increase in its on-market share buy-back…
Blueprint Gaming Joins Forces with Sky Vegas to Deliver Completely New Slot Experience in New Game Reel Rivas
Blueprint Gaming joins forces with the UK-based company Sky Vegas to launch a long-expected multiplayer slot gaming with Reel Rivals.
Advanced game setup:
This is a significant milestone for Blueprint Gaming since the company decided to expand its business and develop tournament-based online slot gameplay with various interactive elements.
In order to design and develop this advanced title, the company partnered with HungryBear Gaming, a popular game design and development studio. The game features the popular Slot Masters templ…
Atlantic City casinos post encouraging aggregated August gaming revenues
The nine casinos in Atlantic City reportedly saw their aggregated gross gaming revenues for August increase by 31% year-on-year to just over $427.6 million as they continued to recover from the turmoil of last year’s coronavirus pandemic.
According to a Thursday report from the Associated Press news service citing official information from the New Jersey Division of Gaming Enforcement regulator, this most recent tally was considerably higher than the $326.3 million recorded for August of 2020, which was the first full month of restored casino operations following a full coronavirus-related shutdown that had lasted 108 days.
Comprehensive climbs:
The new service reported that aggregated in-person gross gambling revenues for the casinos in Atlantic City rose by 32% yea…