Category: Casino

GLPI Finalises Acquisition of Bally’s Kansas City and Shreveport Casino Properties for $395 Million

Gaming and Leisure Properties (GLPI) has successfully closed the acquisition of the land and real estate assets of Bally’s Kansas City Casino and Bally’s Shreveport Casino & Hotel from Bally’s Corporation. The deal, valued at $395 million, is part of a sale-leaseback transaction announced earlier this year.

The transaction, which includes $388 million in cash and $7 million in limited partnership (LP) units, also covers a $56 million reimbursement for prior capital expenditures made at both properties. The balance is considered gross sale proceeds.

Bally’s Corporation intends to use the funds to reduce its $350 million debt drawn from a $620 million revolving credit facility. The remaining funds from the deal will be allocated to capital expenditures and other corporate needs.

GLPI’s Growing Regional Gaming Portfolio

Peter Carlino, Chairman and CEO of GLPI, expressed his satisfaction with the completion of the acquisition. “We are pleased to announce the completion of our sale-leaseback transactions for Bally’s properties in Kansas City and Shreveport, which we expect will be accretive to our financial results,” he said.

He added, “This transaction was executed at an attractive cap rate and expands our partnership with Bally’s, while strengthening our portfolio, which has now grown to include 67 high-quality regional gaming assets.”

GLPI’s acquisition represents a significant expansion of its real estate portfolio, particularly in the regional gaming sector. The properties in Kansas City and Shreveport are notable additions to the company’s holdings.

Bally’s Kansas City Casino: A Renovated Gem

Bally’s Kansas City Casino, located along the Missouri River in Kansas City, Missouri, is one of the newly acquired assets. The property has recently undergone a $70 million renovation and expansion. It features a sprawling 42,000-square-foot casino floor with over 900 slot machines, 24 table games, and more than 50 video poker and keno terminals. Additionally, the venue offers a range of amenities, including three restaurants, a full-service bar, nearly 3,000 square feet of event space, and several entertainment lounges. One of the standout dining options is Chickie’s & Pete’s sports bar, which is well-known for its award-winning menu and lively atmosphere.

Bally’s Shreveport: A Premium Experience

Bally’s Shreveport Casino & Hotel, located in downtown Shreveport, Louisiana, sits along the Red River. This property features a 30,000-square-foot casino with more than 950 slot machines and over 50 table games. It also includes a poker room and a Bally Bet Sportsbook, offering a comprehensive gambling experience for patrons. The hotel itself boasts 400 rooms, a full-service spa, and three on-site restaurants, including an award-winning steakhouse and noodle bar.

The casino also has expansive event spaces, live entertainment offerings, and two on-site nightclubs, making it a popular entertainment destination for locals and visitors alike.

Financial Impact and Future Expectations

This strategic acquisition marks another milestone in GLPI’s long-term growth plans, particularly in the regional gaming sector. The company’s diversified portfolio now includes a wide variety of assets, reinforcing its standing as a prominent player in the real estate investment trust (REIT) sector.

Peter Carlino’s comments indicate that GLPI expects the deal to be financially beneficial. With these assets now in their possession, the company anticipates stronger performance, largely driven by the profitable nature of the properties and their recent renovations.

Bally’s Use of Proceeds

For Bally’s, the sale leaseback arrangement serves as a means to strengthen its balance sheet. The company will use the proceeds to pay down a substantial portion of its outstanding debt. This aligns with Bally’s ongoing efforts to optimise its capital structure and invest in future growth opportunities.

The $350 million debt repayment will significantly reduce Bally’s financial obligations, while the remaining funds will support the company’s capital expenditure plans and corporate functions. The company’s strategy appears to be focused on maintaining financial flexibility while continuing to grow its operations.

December 19, 2024
TIPSPORT Partners with END 2 END to Launch First Online Bingo in the Czech Republic

The Czech Republic’s gaming landscape has taken a significant leap forward as TIPSPORT, through its subsidiary Loterie Maxa, teams up with Multiplayer Bingo solutions provider END 2 END. Together, they have introduced the country’s first-ever Online Bingo, allowing players to enjoy a fully immersive and interactive experience from the comfort of their homes.

Loterie Maxa, previously known as Loterie Korunka, has long been a staple in the Czech gaming scene, and this partnership with END 2 END marks a major milestone in the evolution of online gaming in the region. The new venture follows a rigorous approval process, which included the development of an innovative “Claim Your Prize” feature. This function allows players to claim their winnings in the same way they would in physical bingo halls, thus ensuring a seamless transition from traditional to online play.

The introduction of Online Bingo has been met with excitement, with players now able to enjoy traditional 90-ball and 75-ball bingo on various devices, including desktops, tablets, and mobile phones. END 2 END’s multiplayer solutions provide players with the ability to interact with fellow participants in real time, effectively recreating the atmosphere of a bingo hall. This move is set to transform the Czech online gaming market and enhance the overall gaming experience.

Overcoming Regulatory Challenges

The journey to launching the first online bingo in the Czech Republic wasn’t without its challenges. Pablo Bonifacich, Business Development Manager at END 2 END, explained the hurdles faced during the regulatory approval process. “It was not easy, as the Regulator had a different perception of the rules of the game for online. Our technical team solved it in a short period of time, and today we can say that we are launching the first Online Bingo in this market.”

Navigating the complexities of regulatory approval has been a delicate process, with various aspects of online gaming needing to be adapted to fit the country’s legal framework. However, thanks to END 2 END’s expertise and their strong collaboration with Loterie Maxa, these challenges have been swiftly addressed, paving the way for the launch of this highly anticipated product.

The development of the “Claim Your Prize” function, which mirrors the experience of claiming a prize in a physical bingo hall, highlights the efforts made to maintain the integrity of the traditional bingo experience while integrating it into the online world. This thoughtful adaptation ensures that players retain the excitement and thrill of live bingo events, even when playing remotely.

A Vision for the Future of Online Bingo

The strategic partnership between TIPSPORT and END 2 END is not just about launching a new product; it’s about shaping the future of online gaming in the Czech Republic. Filip Bocek, CEO of Loterie Maxa, shared his excitement about the project’s success and its broader implications for the gaming community. “I am honored to introduce the very first Online Bingo experience to the Czech market, made possible through our close collaboration with END 2 END. By combining the familiarity and excitement of traditional 90-ball and 75-ball bingo with the convenience of online accessibility, we are creating an environment where players can interact, compete, and celebrate wins just as they would in a physical hall.”

For Loterie Maxa, this initiative aligns perfectly with their mission to offer innovative, community-driven gaming options. The goal is not only to provide entertainment but also to foster a sense of belonging and connection among players, even in the virtual space. By introducing multiplayer solutions, the company hopes to bring people together, building a community around the game of bingo that transcends geographical boundaries.

The CEO also emphasized how the launch of Online Bingo complements the company’s long-term vision. “The launch of Online Bingo aligns perfectly with our vision to deliver entertaining, community-driven gaming options that set new standards of engagement and enjoyment.”

The Impact on the Czech Market

Online Bingo is a natural extension of the growing digital transformation within the Czech Republic’s gaming industry. As online platforms become increasingly popular for their accessibility and convenience, the demand for innovative gaming solutions has never been higher. The launch of Online Bingo provides a fresh opportunity for players to experience the thrills of bingo without needing to visit a physical venue.

What sets this offering apart is the focus on interaction. In traditional bingo halls, players are accustomed to socializing and engaging with fellow participants. By incorporating multiplayer technology, END 2 END ensures that this social element remains intact in the digital space. Players can chat, interact, and celebrate their wins together, creating a more immersive and exciting experience.

As the online gaming industry continues to grow, this development signals a broader shift in how Czech players will experience their favorite games in the future. With more games expected to follow suit, the industry is poised for further expansion.

The Future of Online Bingo in Czech Gaming

Looking ahead, the partnership between TIPSPORT and END 2 END sets the stage for future growth in the online bingo sector. By combining cutting-edge technology with a deep understanding of player preferences, the companies are creating a platform that will continue to evolve alongside the changing needs of the market.

With the success of this launch, we can expect to see other online gaming platforms taking note and possibly following in Loterie Maxa’s footsteps. As more companies embrace the potential of online bingo and multiplayer features, the Czech Republic’s gaming scene will likely see an influx of innovative and engaging options for players.

December 19, 2024
Jamaica Set to Open First Casino at Princess Grand Jamaica Resort by 2025

Casino milestone poised to boost tourism and create thousands of jobs in Jamaica.

Jamaica is about to make history with the opening of its first-ever casino in 2025. Set to be a key feature of the Princess Grand Jamaica resort, located in Hanover, this new development is expected to significantly enhance the island’s tourism and gaming industries.

The casino, slated for opening in mid-to-late 2025, will be a central part of the resort’s second phase. According to Delano Seiveright, senior adviser and strategist in Jamaica’s Ministry of Tourism, everything is on track for the casino to open as planned. This will mark a milestone for Jamaica, whose gaming sector has faced challenges in the past, but now seems poised for a breakthrough.

Princess Grand Jamaica Resort: A New Era in Luxury and Gaming

The Princess Grand Jamaica resort, located near Negril on Green Island, is set to become the largest resort complex in Jamaica once fully operational. The resort will boast a total of 2,037 rooms, including two adults-only hotels. With its opening in two phases, the first phase has already introduced 1,012 hotel rooms to the public. The second phase will see the addition of 1,025 more hotel rooms, 14 overwater villas, and of course, the highly anticipated casino.

This new resort complex is being developed by Spain-based Princess Hotels and Resorts, which secured an Approved Integrated Resort Development Order (AIRD) from the Jamaican government in March 2024. This order allows Princess Hotels to apply for a gaming license, making the resort’s casino a reality.

In a major push to complete the resort’s second phase, Princess Hotels plans to construct a temporary road to minimize disruption to the main entrance. This move will help ensure the resort continues to operate smoothly while the casino is being built.

The opening of this casino is set to generate substantial economic activity. With its full operation, the resort will employ about 1,800 workers, host 1,800 all-inclusive guests, and accommodate 600 casino patrons daily. This boost to the local economy is expected to have a significant impact on both employment and tourism revenue.

Legal and Economic Challenges Overcome

The road to this major development has been long and challenging. While casino gambling was legalized in Jamaica in 2010 after extensive lobbying from business groups, religious opposition and financial hurdles initially stalled casino projects. High investment requirements and minimum room count thresholds were barriers that made early attempts unfeasible.

To attract investors, the Jamaican government revised these conditions in recent years. They reduced the minimum investment from $1.2 billion to $500 million and lowered the required room count from 2,000 to 1,000. These changes helped make the Princess Grand Jamaica project a reality.

Princess Hotels is now poised to take the mantle as the island’s first casino operator, a title that had eluded previous AIRD projects. Previous efforts, such as the proposed Rose Hall casino in Montego Bay and Harmony Cove in Trelawny, failed due to financial and operational difficulties. However, Harmony Cove remains a potential future project, according to Finance Minister Nigel Clarke, who recently indicated that it is still viable.

Boosting Jamaica’s Tourism Capacity

The opening of the Princess Grand Jamaica casino is part of a broader effort by the Jamaican government to expand the island’s tourism infrastructure. The government aims to grow Jamaica’s hotel room capacity from 32,000 to 50,000 within five years. The development of new resorts and the expansion of the gaming sector will play a major role in achieving this target.

This commitment to expanding Jamaica’s tourism sector includes several other exciting developments. Recently, the Riu Palace Aquarelle in Trelawny opened with 753 rooms, and plans are already underway for the construction of a 450-room Unico Resort, slated to open next year.

These projects are a clear sign that despite the global challenges facing the tourism industry, Jamaica remains a popular and attractive destination for both investors and visitors. Delano Seiveright, a senior adviser in Jamaica’s Ministry of Tourism, emphasized the positive outlook for the sector, noting that “the tourism investment climate is buzzing with new developments and plans.”

A New Chapter for Jamaica’s Gaming Industry

With the opening of Jamaica’s first casino, the country is stepping into a new era of tourism and entertainment. This significant development is expected to draw more international visitors and boost the local economy, creating jobs and diversifying the tourism offering. The casino at Princess Grand Jamaica will not only offer new entertainment options for guests but also make a lasting impact on the country’s tourism and gaming landscape.

By the time the resort and casino are fully operational, Jamaica will have firmly established itself as a destination for both luxury and gaming, setting the stage for further growth and development in the years to come.

December 19, 2024
Uzbekistan to Enforce New Licensing Rules for Online Gambling and Lotteries from 2025
Uzbekistan is laying the groundwork for a regulated online gambling and lottery market. A new resolution, adopted on December 6th and publicly announced on December 12th, details the licensing rules and financial prerequisites for organisers. Starting January 1, 2025, companies interested in online gambling, betting, and lotteries must secure licenses and adhere to rigorous regulations.

The changes follow an April presidential decree that officially legalised online gambling activities in the country. Now, with a clear framework in place, the government has signalled its intent to tightly control the sector while addressing public concerns.

License Costs and Key Regulations for Operators

Licenses to operate online gambling and lotteries will be issued by the National Agency for Prospective Projects (NAPP), Uzbekistan’s appointed regulatory body. The validity period for these licenses is five years. For companies entering the market, the fee to obtain a license is set at 18.75 million soums (around $1,500), while modifications to an existing license will cost 9.375 million soums (approximately $730).

Additionally, operators must abide by strict technological and geographic restrictions.

Services can only be offered through domains registered within Uzbekistan’s national internet segment.

Gaming software, including random number generators, must be certified by authorised testing laboratories approved by NAPP.

Operators will need to tread carefully, as compliance monitoring will be a major focus of NAPP, with financial penalties in place for those failing to meet regulations.

Hefty Financial Requirements for Organisers

The financial obligations for organisers are substantial, reflecting the government’s intention to prioritise responsible and secure operations. The requirements include both authorised capital and mandatory reserve funds:

Activity Authorised Capital Reserve Fund

Online Gambling & Betting 56.25 billion soums ($4.4m) 28.125 billion soums ($2.2m)

Lotteries 20.625 billion soums ($1.6m) 15 billion soums ($1.2m)

In the case of lottery ticket revenues, the government has imposed clear prize distribution rules:

Traditional lotteries must allocate at least 50% of income to prizes.

Electronic lotteries face a higher threshold, requiring 75% of income to be directed toward player winnings.

These requirements ensure that both financial security and player trust are prioritised.

Mandatory Identity Verification for Participants

The new regulations don’t just focus on organisers—players must also meet specific criteria. Participation in online gambling or lotteries will only be legal through licensed platforms, where all participants are subject to identity verification.

Verification will include cross-referencing personal details, such as photo identification, with government databases. This process aims to prevent underage gambling and ensure compliance with local laws.

The government has also introduced restrictions:

Gambling is strictly prohibited for individuals under 18.

Certain citizens, based on age, health, or income status, will also be barred.

Individuals self-reporting gambling addiction or under court-ordered restrictions will be added to a list of prohibited participants.

No Physical Casinos or Local Betting on Youth Sports

The Cabinet of Ministers has ruled out physical gambling venues, such as casinos and slot machine halls, except for designated lottery ticket sales points. Additionally, betting on local events or youth sports is prohibited, although wagers on international competitions are permitted.

Payments made for gambling participation from bank accounts or cards belonging to minors are also strictly forbidden.

A Unified State Register of Bets and Players will track all player activities, restrictions, and transaction limits, ensuring robust oversight.

NAPP to Monitor and Enforce Compliance

To enforce these measures, NAPP will closely monitor foreign entities offering gambling services to Uzbek residents. Non-compliant operators will face fines, with 50% of penalties directed to NAPP for further regulatory activities.

Organisers must also meet ownership transparency standards, with regulations prohibiting individuals linked to financial crimes or past violations from holding leadership positions.

Collaborative Efforts to Prevent Illegal Operations

The responsibility for compliance will be shared across multiple Uzbek institutions. The Ministry of Internal Affairs, the Central Bank, and the Tax Committee will work together to crack down on unlicensed operators and prevent illegal gambling.

NAPP, meanwhile, must finalise its procedures for digital identification, licensing, and monitoring by January 1, 2025.

The push to regulate gambling comes at a time when governments across Central Asia are grappling with how to control—and benefit from—this lucrative industry. For Uzbekistan, these measures reflect a balancing act between economic opportunity and social responsibility.
December 17, 2024
Peru: CEO of Apuesta Total Criticises New Selective Consumption Tax on Online Gambling
The CEO of Apuesta Total, Gonzalo Pérez, has voiced strong concerns over Peru’s upcoming Selective Consumption Tax (ISC) on online gambling, calling it a “very complicated situation” for operators. Scheduled to take effect on January 1, 2025, the ISC and other regulations are causing alarm within the gaming industry, particularly regarding the feasibility of implementation and financial sustainability.

The tax system includes a 12% tax on net gaming revenue (GGR) and an additional 1% ISC on every bet placed. While Pérez noted that the 12% GGR tax is manageable, the ISC introduces significant hurdles that could disrupt operations.

Technical and Operational Challenges Ahead

One of the core issues, according to Pérez, lies in how the ISC will be applied in real time. To meet the requirements, platforms will need to calculate and deduct 1% of each bet at the moment the transaction occurs. This seemingly simple adjustment, however, demands deep technical changes to the platforms—an undertaking Pérez said could take at least eight months.

“The platform needs to deduct ISC alongside the actual bet value. If someone bets PEN 100, the wallet must reflect PEN 101 before accepting the bet. That split—between the bet and the tax—requires substantial modifications,” Pérez explained.

He stressed that these modifications must pass certification from international laboratories and obtain approval from Peru’s Ministry of Foreign Trade and Tourism (Mincetur). Without these approvals, operating the platform would be non-compliant, putting operators at risk of hefty fines or losing their licenses altogether.

“It’s an impossible timeline. If we rush to make these changes and operate uncertified platforms, we’ll face severe sanctions. If we don’t, we’ll fail to comply with tax rules. Either way, the State is putting us in a lose-lose scenario,” Pérez added.

Financial Risks and Potential Confiscatory Effects

Pérez also highlighted the financial implications of the new taxes. A 1% ISC per bet may seem modest at first glance, but the reality paints a different picture when combined with the 12% tax on net gaming revenue.

He illustrated the risk with simple figures:

If operators take a PEN 100 bet, the 1% ISC immediately deducts PEN 1.

That PEN 1 tax equates to 20% of the operator’s Gross Gaming Revenue (GGR), which is typically 5% of the total bet.

Adding the existing 12% GGR tax to this equation brings the effective tax burden to 32%.

For operators, such figures are unsustainable. Pérez cited a Constitutional Court ruling (Sentence 009-2001) that deemed a 20% rate confiscatory, warning that the ISC risks crossing this threshold.

“This setup could destroy the sector. Taxing at this level is not only unsustainable for legal operators but also counterproductive. It opens the door for illegal gambling to thrive, where there are no taxes and no regulations.”

A Tipping Point for Legal Operators?

Pérez’s remarks underline growing frustration among legal online gambling operators in Peru. As the legal industry grapples with compliance challenges, Pérez fears that the ISC will drive players and operators towards unregulated platforms, undermining the State’s objectives of increased tax revenue.

The ISC’s structure places Peru’s legal gambling sector in a precarious position:

Operators must either absorb the tax, slashing already thin margins, or transfer it to players, risking customer dissatisfaction.

Illegal gambling, with no taxes or operational restrictions, becomes increasingly attractive to both players and rogue operators.

“It’s regrettable,” Pérez said, “because instead of strengthening the legal industry, these measures threaten its existence. We’ll lose players to illegal platforms, and the State will end up collecting less than they expected.”

The State Versus the State

What frustrates Pérez—and likely other industry leaders—is the lack of coordination between regulators and tax authorities. On one hand, operators must meet strict regulatory requirements, which include certified platforms and transparent compliance. On the other, the tax collection framework demands immediate changes that cannot be realistically implemented within the given timeline.

“The State is putting us against itself,” Pérez lamented. “There’s no way to comply with both sides of the law by January 1.”

This regulatory and technical conflict is raising alarms across Peru’s online gambling landscape. Pérez’s concerns serve as a stark warning: if the ISC is enforced as planned, the country risks driving away legitimate operators and losing ground to illegal gambling networks.

A Risky Path Forward

As January 2025 approaches, the industry’s options remain limited. Without intervention or an extension, Peru’s online gambling operators face significant financial and operational risks. Pérez’s statements reflect a broader sentiment within the industry—one of frustration, uncertainty, and scepticism over the practicality of these taxes.

For now, the ball is in the government’s court. Whether they choose to revise the ISC’s implementation or proceed as planned could determine the future of Peru’s legal online gambling sector.
December 17, 2024
Yaamava’ Resort & Casino Tops Newsweek’s 2024 Readers’ Choice Awards
Yaamava’ Resort & Casino at San Manuel has clinched the prestigious titles of Best Overall Casino Outside of Las Vegas and Best Native American Casino in the 2024 Newsweek Readers’ Choice Awards. This marks the resort’s inaugural #1 ranking in the annual poll, underscoring its status as a leading destination for gaming, entertainment, and hospitality.

A Milestone Achievement for Yaamava’

Kenji Hall, General Manager of Yaamava’ Resort & Casino, expressed his enthusiasm about the recognition. “We are thrilled to add Newsweek to Yaamava’s growing list of national accolades for 2024,” Hall shared. “These awards reflect our unwavering commitment to outstanding service and the exceptional leadership of the San Manuel Band of Mission Indians. Their dedication to hospitality truly sets us apart.”

The resort’s victory comes after thousands of voters participated in the Newsweek Readers’ Choice Awards, positioning Yaamava’ at the pinnacle of the competitive casino and hospitality sectors. It’s a significant milestone, considering the fierce competition from other top-tier casinos across the nation.

Consistent Recognition Across Platforms

Earlier this year, Yaamava’ Resort & Casino also received the 2024 USA TODAY 10Best Readers’ Choice Award for Best Casino Outside of Las Vegas and Best Casino Restaurant for its Pines Modern Steakhouse. This string of awards highlights the resort’s consistent excellence across multiple facets of its operations.
- Best Casino Outside of Las Vegas: Recognizing superior gaming experiences.
- Best Casino Restaurant: Celebrating culinary excellence at Pines Modern Steakhouse.
Moreover, Yaamava’s sister property, Palms Casino Resort in Las Vegas, secured the title of Best Casino in Las Vegas for the second year in a row. This dual recognition showcases the strength and reputation of the San Manuel Band of Mission Indians in the hospitality industry.

Setting the Gold Standard

“Yaamava’ Resort & Casino has consistently set the gold standard for gaming, dining, entertainment, and hospitality since opening in 2021,” the casino stated. “Known for its luxurious facilities, diverse gaming options, and commitment to delivering unforgettable experiences, the resort is a must-visit destination in Southern California.”

The resort’s dedication to providing top-notch amenities and services has not gone unnoticed. Guests frequently praise the resort for its spacious gaming floors, high-end dining options, and vibrant entertainment offerings. Whether you’re a seasoned gambler or just looking for a fun getaway, Yaamava’ caters to a wide range of preferences and needs.

Innovative Launches Keep Yaamava’ Ahead

In November, Yaamava’ Resort & Casino hosted the world premiere of Aristocrat Gaming’s Phoenix Link slot machine. This event wasn’t Yaamava’s first global slot debut, but it reinforced the property’s reputation as a preferred venue for first-to-market gaming launches. Over the past two years, Yaamava’ has hosted 14 such events, highlighting its role as a key player in the gaming industry.

The introduction of new slot machines and gaming technologies keeps the resort fresh and exciting for regular patrons and attracts new visitors eager to try the latest innovations. It’s this forward-thinking approach that helps Yaamava’ maintain its competitive edge in a crowded market.

Economic Impact and Community Engagement

Yaamava’ Resort & Casino doesn’t just excel in entertainment; it also plays a significant role in the local economy. The resort provides numerous jobs, from gaming floor staff to culinary professionals, contributing to the economic vitality of the San Manuel community.

Additionally, Yaamava’ is deeply involved in community initiatives, supporting local charities and cultural events. This commitment to giving back strengthens the bond between the resort and the surrounding community, fostering a sense of mutual support and prosperity.

Future Plans and Expansions

Looking ahead, Yaamava’ has ambitious plans to expand its offerings and enhance the guest experience. Plans include upgrading existing facilities, introducing new dining options, and expanding the entertainment lineup to include more live performances and events.

“We’re constantly looking for ways to improve and innovate,” Hall mentioned. “Our goal is to ensure that every guest has an exceptional experience, whether they’re here to gamble, dine, or simply relax.”

Customer Feedback and Testimonials

Feedback from guests has been overwhelmingly positive. Many visitors highlight the friendly staff, the cleanliness of the facilities, and the variety of entertainment options as key reasons for their loyalty to Yaamava’.

One guest remarked, “Yaamava’ offers everything you could want in a casino resort. The atmosphere is vibrant, the games are exciting, and the service is top-notch.”

Another shared, “The Pines Modern Steakhouse is a standout. The food is incredible, and the ambiance makes for a perfect dining experience.”

Such testimonials reflect the resort’s dedication to providing a comprehensive and enjoyable experience for all its guests.

Strategic Partnerships and Collaborations

Yaamava’ has also formed strategic partnerships with various gaming and entertainment companies to enhance its offerings. Collaborations with top-tier gaming software providers ensure that the resort stays at the forefront of the latest gaming trends and technologies.

These partnerships not only benefit the resort but also provide guests with access to exclusive games and experiences that aren’t available elsewhere. It’s a win-win situation that boosts both the resort’s reputation and the satisfaction of its patrons.

A Bright Future Ahead

With its recent accolades and ongoing commitment to excellence, Yaamava’ Resort & Casino is poised for continued success in the coming years. The combination of superior service, innovative offerings, and strong community ties sets the stage for even more achievements and recognitions in the future.

As Yaamava’ continues to evolve and expand, it remains dedicated to providing unforgettable experiences for its guests, ensuring that it remains a top choice for casino enthusiasts and travelers alike.
December 14, 2024

Activity	Authorised Capital	Reserve Fund
Online Gambling & Betting	56.25 billion soums ($4.4m)	28.125 billion soums ($2.2m)
Lotteries	20.625 billion soums ($1.6m)	15 billion soums ($1.2m)

Category: Casino

GLPI Finalises Acquisition of Bally’s Kansas City and Shreveport Casino Properties for $395 Million

GLPI’s Growing Regional Gaming Portfolio

Bally’s Kansas City Casino: A Renovated Gem

Bally’s Shreveport: A Premium Experience

Financial Impact and Future Expectations

Bally’s Use of Proceeds

TIPSPORT Partners with END 2 END to Launch First Online Bingo in the Czech Republic

Overcoming Regulatory Challenges

A Vision for the Future of Online Bingo

The Impact on the Czech Market

The Future of Online Bingo in Czech Gaming

Jamaica Set to Open First Casino at Princess Grand Jamaica Resort by 2025

Princess Grand Jamaica Resort: A New Era in Luxury and Gaming

Legal and Economic Challenges Overcome

Boosting Jamaica’s Tourism Capacity

A New Chapter for Jamaica’s Gaming Industry

Uzbekistan to Enforce New Licensing Rules for Online Gambling and Lotteries from 2025

License Costs and Key Regulations for Operators

Hefty Financial Requirements for Organisers

Mandatory Identity Verification for Participants

No Physical Casinos or Local Betting on Youth Sports

NAPP to Monitor and Enforce Compliance

Collaborative Efforts to Prevent Illegal Operations

Peru: CEO of Apuesta Total Criticises New Selective Consumption Tax on Online Gambling

Technical and Operational Challenges Ahead

Financial Risks and Potential Confiscatory Effects

A Tipping Point for Legal Operators?

The State Versus the State

A Risky Path Forward

Yaamava’ Resort & Casino Tops Newsweek’s 2024 Readers’ Choice Awards

A Milestone Achievement for Yaamava’

Consistent Recognition Across Platforms

Setting the Gold Standard

Innovative Launches Keep Yaamava’ Ahead

Economic Impact and Community Engagement

Future Plans and Expansions

Customer Feedback and Testimonials

Strategic Partnerships and Collaborations

A Bright Future Ahead