Betsson and Hacksaw Team Up for Content in Spain

As a result, the supplier’s host of innovative and out-of-the-box games will be featured with Betsson Spain. Both companies are determined to expand their market reach and continue to navigate the lucrative opportunity that regulated online gambling brings to businesses in the country. Come from Sports betting site VPbet

Betsson and Hacksaw Gaming Double Down on Ongoing Alliance with Spain Launch

Furthermore, Betsson Group is hoping to get a serious content injection boost that will consolidate its status as a leading company in the country associated with some of the best gaming options, leading to the customary increase in player engagement and retention.

Betsson Group and Hacksaw Gaming are both determined to continue securing forward positions in what is a…

Galaxy Entertainment Group Limited closes pair of Macau casinos

The gambling-friendly enclave of Macau reportedly now has two fewer casinos following news that operator Galaxy Entertainment Group Limited has shuttered its Rio Casino and President Casino properties.

According to a report from Inside Asian Gaming, the closure of the ‘satellite’ venues took place early this morning in the run-up to the introduction of legislation that is expected to compel such enterprises to commit to a new management fee business model. The source detailed that the two downtown facilities had been run by Galaxy Entertainment Group Limited’s City Clubs arm, which is a collaboration initiated in 2004 that moreover includes the nearby Casino Waldo facility.

Personnel protection:

Galaxy Entertainment Group Limited reportedly asserted that the closures are not due to result in any job losses with all impacted workers being ‘reassigned to other casinos within the group with all employment terms remaining unchanged’. The H…

Indian Gaming Revenue Reaches $41 Billion in Financial Year 2022

The National Indian Gaming Commission (NIGC) has recently reported that Indian gross gaming revenues for the fiscal year 2022 reached $40.9 billion to exceed the fiscal year 2021 figure by 5 % or $2 billion.

Historical Revenue Level:

The announcement comes after the fiscal 2022 ended on June 30, 2023. According to Native News Online, E. Sequoyah Simermeyer (Coharie), chairman of the NIGC, said that the reported amount represents an aggregated revenue figure presented by 519 audited financial statements of 244 Native American tribes operating tribal casinos across 29 U.S. states.

As reported, NIGC regulates eight tribal gaming regions whereas seven of these recorded the increased revenue levels in comparison the FY 2021. Although the source indicates that the revenue growth cannot be used as a direct indicator of the economic performance of any of the said regions, the second consecutive financial year of growth testifies about the general recovery of the Indian gam…

Xbox's Phil Spencer Reflects On Recent Mass Layoffs

Microsoft Gaming CEO Phil Spencer has defended and explained Microsoft’s recent decision to lay off 1,900 people from the Xbox division. He told Polygon that Xbox is a business, and like many other businesses, Spencer’s job is to make profits. Sometimes that means laying people off now to grow in the future, he said.

“I don’t get any luxury of not having to run a profitable growing business inside of Microsoft. And we are that today. But just across the industry… I reflect on friends of mine in the industry that have been displaced and lost their jobs and how just, I don’t want this industry to be a place where people can’t, with confidence, build a career,” he said.

Spencer went on to say the video game industry is projected to be “smaller” in 2025 in terms of players and dollars spent. Big publicly traded companies need to make moves that give investors confidence that profits are coming, and that can mean cutting jobs to get there.

“You get a lot of publicly t…

You Can Play Doom On Twitter Now

Doom is “playable” on Twitter now thanks to a bot called Tweet2Doom created by Georgi Gerganov. Here’s how it works: You send the bot a series of keyboard commands, and the bot spits out a video with corresponding Doom gameplay.

For example, you can start a new game by replying to the bot with the text, “/play x,,e,,e,,e,,50-,50-u,15-f.” That translates to getting past the main menu, waiting for 50 frames for the screen wipe to finish, walking forward for 50 frames, and shooting for 15 frames. For more information on keyboard inputs and how the bot works, check out Tweet2Doom’s pinned guide.

DraftKings Implements Surcharge in Response to High State Taxes

In a bold move reflective of the changing fiscal landscape in the United States, DraftKings Inc. has announced plans to implement a surcharge for customers in states with high gambling taxes. This decision comes in the wake of Illinois’ recent increase in the tax on sports bets and is seen as a strategic response to protect the company’s bottom line.

DraftKings has reported a significant milestone, marking its first-ever profitable quarter as a public company. With second-quarter revenues hitting $1.1 billion, the company met analysts’ expectations. However, adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) slightly missed the forecast, coming in at $128 million against projections of $133.2 million, according to Bloomberg.

Despite the mixed financial results, DraftKings has adjusted its 2024 revenue outlook upwards to as much as $5.25 billion but has scaled back its adjusted earnings forecas…