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News About Innovations In The Gambling

Online casinos are taking over the gambling industry
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By Rebeka Kulakevich
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Online casinos are taking over the gambling industry

Online gambling is a hot topic, as it became one of the fastest-growing industries in the world. One of the main reasons for the success in the niche is the pandemic that prompted millions of people to find new activities due to simple boredom or desperation during the lockdown. And even those who already gambled at land-based casinos were forced to find an alternative since most facilities closed. Either way, that served as a massive spike in revenue for operators who know the art of attractive advertisement. 

Scientific Games & Marker Trax join forces | Cashless Gaming
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By Rebeka Kulakevich
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Scientific Games & Marker Trax join forces | Cashless Gaming

Cashless solutions are gaining massive success in the gambling industry, especially now that Nevada’s casinos are integrating the technologies into their facilities one by one. Scientific Games Corporation has already become a giant in the distribution of cashless gaming to operators, but as they join forces with Maker Trax, another major payment solutions company, the technology is expected to double in its progression.

Dream Hotel Casino Las Vegas | Plans and Progress
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By Rebeka Kulakevich
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Dream Hotel Casino Las Vegas | Plans and Progress

There are never too many casinos in a place like Las Vegas. In fact, there is now more demand being that some Covid-related restrictions have been lifted, and gamblers are taking advantage of real-life gambling like never before. With that said, Vegas finally welcomes plans for a 450-room luxury lifestyle hotel on the Las Vegas Strip that is expected to open its doors by 2023.

Hollywood Casino York Grand Opening | Cashless gaming on the rise
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By Rebeka Kulakevich
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Hollywood Casino York Grand Opening | Cashless gaming on the rise

Technology is advancing at an overwhelming rate, especially now that the world relies on computerized machinery more than ever. The gambling industry is no exception to such progress. Cashless gaming is one of the leading innovations that won operators’ hearts as the pandemic called for touch-less transactions. Resorts World Las Vegas became the first entirely cashless casino; up next is the Hollywood Casino York in Pennsylvania. Completing its final steps before the grand opening this upcoming August, the facility will offer a wide range of gambling entertainment accompanied by card-less, contactless, and cashless transactions. Barstool Sportsbook included!

Cashless gaming prompts concerns | UKGC shares survey results
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By Rebeka Kulakevich
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Cashless gaming prompts concerns | UKGC shares survey results

Anyone born before 1999 will likely remember the joys of playing outside, splashing around in muddy puddles, and occasionally getting a mouth full of sand falling off the swings. Picking random berries off bushes and eating unwashed apples right off the trees didn’t phase anyone in the slightest. Unfortunately, new generations won’t get the luxury to tell the same story, as the ongoing pandemic resulted in fear touching cash. Tech companies put some gas into the development of cashless payments, which casino facilities, especially ones in Nevada, ate right up. Now the UK land-based casinos want to get on board with the new system, but survey statistics show that gamblers aren’t too thrilled about the futuristic payment option.

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By Alex Gambler
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Betsson’s Focus at LatAm: Record-Breaking Revenue in Q2

Betsson AB announced its latest report with numbers and statistics. The second quarter of Betsson’s work turned out to be record-breaking as the Q2 revenue was as significant as €186.3m (£158.9m/$189.5m), with the net income equal to €28.6 million or €0.21 per share. Though the results in Western Europe fell by about 40%, the market that succeeded was Latin America.

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