Category: Online Gambling Stories
Crypto, NFT’s and Online Gambling Future of Casinos
Info-Tech Research Group has published a new industry trends report about crypto, NFT’s, and online gambling, and how they effect the future of casinos and their need for digital transformation. The report is timely, as the effects of the pandemic are still apparent to casino operators, most notably with a shortage of labor and skilled labor, health and safety concerns, and the prominence of online gaming and its effects on brick-and-mortar casino floors. Info-Tech’s findings reveal that the casino industry is at the precipice of significant change. Operators need to consider what is happening in the external environment that directly…
American Gambling Revenue Remains Strong
Gambling revenue in the United States is still setting records, despite the troubling economic clouds on the horizon. April of this year was the second best month ever recorded for American gaming, only trailing March of this year when the all-time revenue record was set.. Nearly $5 billion was generated in gambling revenue for April, which was a gain of well over 12% from the year before. Traditional casino gaming accounted for over $4 billion of that total, while online gambling chipped in over $415 million. Sports betting managed to contribute nearly $500 million, which was close to a 75%…
New York Online Gambling Dead for 2022
If you were hoping for New York online gambling or poker this year, we have some bad news for you. State legislators could not get a deal done in regard to a measure being pushed by State Senator Joseph Addabbo, who also pushed sports betting reforms there. Since regulating mobile and online sports bets, the state has set revenue records in America. Despite this, the current legislative session will end on June 2nd with nothing accomplished for web based casino games. Addabbo’s bill didn’t see much support after clearing committee. Of course, those who remember the struggles of sports betting…
American Gambling Revenue Hits All-Time Record
The month of March just set a new all-time American gambling revenue record, bringing in $5.31 billion from slot machines, table games, sports betting and even online gambling! This brings the first quarter nationwide revenue totals for the first quarter of this year to over $14.3 billion, just short of the single-quarter revenue record set in the fourth quarter of last year. March revenue was up 18.5% from the same time last year, when most casinos were operating at or near full capacity. The first quarter of 2022 saw gaming revenue accelerated almost 29% from last year and 34% when…
This Year’s Craziest Slot Title takes Inspiration from a Familiar Source
There have been thousands of online slot titles released over the years, covering almost every theme imaginable. Whatever topic you are interested in, you’ll probably find a slot machine related to it. From popular culture and entertainment to ancient history and fantasy, the world of slots has it all covered. Even relatively mundane topics such as gardening and cooking are featured in online casino slot titles. Creative concepts With so many topics covered, game developers must use their creativity to come up with new concepts. This can sometimes involve taking an older theme and ramping it up to a new…
PokerStars Sports Betting Exchange Launches
PokerStars has decided to bring their players even more with the launch of their new peer-to-peer online betting platform! The PokerStars Betting Exchange is now available at both at PokerStars .com and .eu sites, giving their customers access to a sports betting experience on a global level while maintaining the ease of a single account and wallet! The PokerStars Betting Exchange uses technology from Flutter Entertainment, which gives PokerStars players access to a global liquidity pool. It’s the world’s largest betting exchange (the Betfair Exchange), which means that players have immediate access to global markets and opportunities to buy and…