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Gambling, & Poker News
Gambling, & Poker News
India’s Finance Minister Nirmala Sitharaman has addressed recent developments concerning the country’s gambling tax increase, introduced in October 2023. The tax hike has led to notable revenue growth in both online and land-based gambling sectors. This review follows a six-month…
The public’s interest in New York City’s protracted casino license controversy is piqued by the most recent proposal for the Hudson Yards neighborhood. An animated film that showcased Related Companies and Wynn Resorts’ grandiose $12 billion casino development proposal surfaced…
Gambling industry leader Entain has recently unveiled an optimistic update on its strategy and trading performance for the year’s second half. The company is buoyed by progress that has exceeded its expectations and is set to discuss these developments in…
Stockholm-listed Betsson AB is exploring the option of issuing new senior unsecured bonds, denominated in euros, with a three-year maturity. The potential €100 million ($110.46 million) bond issuance is part of the company’s broader financial plan, which includes refinancing existing…
The Gibraltar Supreme Court has rendered a significant ruling in favor of Mansion Group, directing its former CEO, Karel Mañasco, to reimburse the now-defunct gaming company for more than €2.5 million ($2.76 million) and £127,000 ($166,200). The case centers on…
Wynn Resorts has agreed to pay $130 million in relation to unlawful international money transfers as part of a non-prosecution agreement that was concluded with U.S. federal authorities. In an important legal development for the massive resort operator, the firm…
From November 1 to November 14, 2024, the much awaited Triton Poker Series will return to the storied Salle des Étoiles in Monte-Carlo. This year’s event, which is well-known for combining elegance with high-stakes gaming, will include 14 exhilarating poker…
The renowned SiGMA East Europe conference in Budapest, Hungary, honored Soft2Bet’s venture, Soft2Bet Invest, with the “Outstanding Contribution to Gaming 2024” award. Soft2Bet is overjoyed to share this news. This honor demonstrates the business’s continued dedication to innovation and assistance…
A Frederiksberg court decided in favor of the Danish Gambling Authority on August 22, 2024, permitting the blocking of 79 illicit gambling websites. Several of these specifically targeted youth, which is quite concerning. Websites providing Danes with unlicensed gambling services…
Steve Wynn’s long-running defamation lawsuit against the Associated Press has officially ended. The Nevada Supreme Court dismissed Wynn’s claims, ruling that the case should not proceed to trial, ending a legal battle that began in 2018. The lawsuit stemmed from…