Category: News

  • CreedRoomz to Showcase Certified Live Casino Games at SBC Summit Rio 2025

    CreedRoomz to Showcase Certified Live Casino Games at SBC Summit Rio 2025

    Live casino provider CreedRoomz is gearing up for a major presence at SBC Summit Rio 2025, happening on February 26-27 at the Riocentro exhibition center in Rio de Janeiro, Brazil. As one of the few companies operating under Brazil’s new gaming regulations, CreedRoomz will highlight its certified live casino games, offering a glimpse into the future of online gaming in the country.

    Certified Live Casino Games for Brazil’s Growing Market

    CreedRoomz enters SBC Summit Rio with an edge—regulatory approval under Brazil’s new gaming laws. This certification allows the company to legally operate in Brazil’s evolving gambling market, giving it a head start over competitors.

    The demand for legal, high-quality live casino gaming in Brazil is surging. CreedRoomz, with its compliance-ready solutions, aims to capitalize on this growth. By exhibiting at Stand B890, the company plans to showcase its localized live casino offerings, ensuring operators can seamlessly integrate their services while staying within regulatory boundaries.

    New Game Releases: Richie Wheel & Richie Roulette

    Attendees at SBC Summit Rio will get an exclusive look at CreedRoomz’s latest live casino show games—Richie Wheel and Richie Roulette. These new titles introduce:

    • Dynamic multipliers that enhance winning potential
    • Engaging gameplay mechanics designed to keep players entertained
    • Fresh retention strategies for operators looking to boost user engagement

    “These titles are set to bring fresh excitement to players while offering operators new ways to enhance player engagement and retention,” the company shared.

    Full Suite of Live Casino Solutions on Display

    Beyond its new releases, CreedRoomz will present its full range of live casino solutions, designed to provide operators with flexibility and customization. Live casino gaming has become increasingly popular worldwide, and CreedRoomz is pushing to deliver high-quality, immersive experiences tailored to Brazilian players.

    One key highlight is the company’s ability to let operators personalize their offerings. From branded live dealer tables to unique in-game features, CreedRoomz is offering more than just standard casino games—it’s providing fully adaptable live gaming environments.

    A Strategic Move in Global Expansion

    The Brazilian gaming market is heating up, and securing regulatory approval was a critical step for CreedRoomz’s global strategy. The company recently announced its successful acquisition of certification under Brazil’s new gaming legislation, marking a major milestone in its expansion plans.

    With this certification, CreedRoomz is now fully authorized to:

    • Offer its portfolio of live casino games to Brazilian players
    • Partner with local operators to provide compliant gaming experiences
    • Establish a strong foothold in one of Latin America’s fastest-growing gambling markets

    SBC Summit Rio 2025 Set for Record Attendance

    This year’s SBC Summit Rio is expected to be the biggest edition yet. Organizers anticipate more than 15,000 attendees, a staggering 275% increase over the 2024 event. Held in a 70,000-square-meter venue, the event will bring together:

    • Global and regional gaming operators
    • Affiliates and influencers
    • Technology suppliers
    • Government representatives and regulators
    • Media professionals covering the industry

    From February 25-27, the event will serve as a key networking and business hub for the Latin American gaming sector. CreedRoomz’s participation underscores the significance of Brazil’s newly regulated market and the opportunities it presents for the live casino industry.

  • Michigan Cracks Down on Illegal Gambling: BetNow Ordered to Cease Operations

    Michigan Cracks Down on Illegal Gambling: BetNow Ordered to Cease Operations

    The Michigan Gaming Control Board (MGCB) has taken a firm stance against illegal online gambling, issuing a cease-and-desist order against BetNow.eu. The offshore operator, which offers online casino games, sports betting, and horse race wagering, has been found in violation of multiple state laws.

    Offshore Betting Site Faces Legal Heat

    BetNow operates without a Michigan license, which is a direct violation of the Lawful Internet Gaming Act. Only state-licensed commercial casinos and federally recognized tribal casinos can legally provide online gambling in Michigan. The MGCB’s findings make it clear: BetNow is running an unauthorized gambling business.

    Executive Director Henry Williams didn’t mince words. “This unlicensed operator not only violates Michigan law but also exposes consumers to significant risks,” he said in a statement. The agency’s role, he emphasized, is to protect Michigan residents and ensure fair, legal gaming.

    Operating an illegal gambling platform isn’t just a regulatory issue—it’s a serious criminal offense. The Michigan Gaming Control and Revenue Act classifies unlicensed gambling as a felony, carrying penalties of up to 10 years in prison, fines reaching $100,000, or both.

    Risky Business: Consumer Protections at Stake

    Offshore gambling platforms often operate in legal gray areas, but BetNow’s practices raise even more red flags. The site accepts a wide range of payment methods, including:

    • Credit cards like Visa, Mastercard, and American Express
    • Digital wallets such as PayPal, Apple Pay, and Google Pay
    • Cryptocurrencies including Bitcoin, Ethereum, Litecoin, and Tether
    • Bank transfers and services like Zelle and CashMG

    While these options offer convenience, they come with significant risks. One concerning policy at BetNow requires players to wager their entire initial deposit before they can withdraw any winnings. Consumer advocates warn that this type of rule can trap players into a cycle of betting, making it harder for them to cash out.

    14 Days to Comply—or Face Legal Action

    The MGCB has given BetNow 14 days to shut down operations in Michigan. If the company doesn’t comply, the state could escalate its response. Legal action through the Michigan Attorney General’s Office remains on the table, which could lead to more severe penalties.

    Michigan officials have been cracking down on illegal gambling in recent years, and BetNow isn’t the first target. The MGCB has consistently warned residents about the dangers of using offshore platforms. These sites operate outside U.S. jurisdiction, making it nearly impossible for consumers to recover lost funds or dispute unfair practices.

    What This Means for Michigan Players

    For Michigan residents, the message is clear: stick to state-licensed gambling platforms. The MGCB maintains a list of approved operators, ensuring that players are protected under Michigan law.

    Illegal sites might offer flashy promotions and easy access, but they don’t provide the same level of security. Players risk losing money with no recourse, and in some cases, may unknowingly engage with sites that don’t follow responsible gaming practices.

    As online gambling continues to grow, Michigan regulators are sending a strong message—illegal operators won’t be tolerated. The fight against unlicensed gambling is far from over, and BetNow is just the latest in a long line of platforms facing state enforcement.

  • Boyd Gaming Kicks Off Site Work for New Henderson Casino, Construction Set for April 2025

    Boyd Gaming Kicks Off Site Work for New Henderson Casino, Construction Set for April 2025

    Boyd Gaming Corp. has started preparing the site for Cadence Crossing, a new casino development in Henderson, Nevada. The project will take over the location of Jokers Wild Casino on Boulder Highway, with construction scheduled to begin on April 3, 2025. If all goes according to plan, doors will open by mid-2026, introducing a fresh entertainment hub to one of the fastest-growing communities in the country.

    A New Casino for a Growing Community

    The Cadence master-planned community has been expanding rapidly, making it a prime location for Boyd Gaming’s latest venture. The initial phase of Cadence Crossing will include:

    • 450 slot machines
    • Multiple dining options
    • A modern gaming environment designed for local residents

    Boyd Gaming hasn’t ruled out further expansion. Future plans could bring a hotel, more gaming options, and additional amenities, depending on demand and the area’s continued growth.

    Keith Smith, President and CEO of Boyd Gaming, emphasized the significance of this investment. “As our company marks our 50th year serving the Las Vegas Valley, we are excited to begin our latest investment in the southern Nevada community,” he said.

    What’s Next for the Site?

    Jokers Wild Casino, which currently occupies the land, will be replaced entirely. While Boyd Gaming hasn’t provided an exact closure date for the existing casino, the transition will likely happen before April 2025 to allow for demolition and site preparation.

    The new casino will be built from the ground up, introducing a fresh look and modernized amenities compared to its predecessor. With gaming preferences evolving and competition intensifying in the Las Vegas Valley, Boyd’s decision to launch a brand-new property instead of renovating Jokers Wild signals a strategic move to attract the next generation of casino-goers.

    Boyd Gaming’s Expanding Local Footprint

    Boyd Gaming is no stranger to the Las Vegas casino scene. The company operates 28 properties across 11 states, including ten in the Las Vegas Valley. Three of those properties are downtown, while the rest cater to locals across different neighborhoods.

    One property notably missing from Boyd’s active roster is Eastside Cannery, located just north of Cadence Crossing’s future home. The casino has remained closed since the pandemic shut it down in 2020, with no updates on when—or if—it will reopen. The opening of Cadence Crossing could signal a shift in Boyd’s focus, prioritizing new developments over reviving shuttered properties.

    Why Henderson?

    Henderson has been attracting major investments in recent years, with new businesses, residential communities, and commercial developments reshaping the city. The Cadence community, in particular, has seen a surge in new residents, making it a prime target for entertainment and hospitality ventures.

    For Boyd Gaming, the opportunity is clear. Henderson’s population continues to grow, and with limited gaming options in the immediate area, Cadence Crossing could become a go-to destination for locals who prefer to avoid the congestion of the Strip.

    A Look at Henderson’s Growth

    Year Henderson Population Growth Rate (%)
    2010 257,729
    2015 285,667 +10.8
    2020 317,610 +11.2
    2023 336,348 +5.9

    With this steady increase, demand for entertainment options has followed suit. Boyd Gaming is betting on this trend continuing, making Cadence Crossing a strategic move in its long-term growth plan.

    Competition and Market Landscape

    While Henderson has its share of casinos, the market remains less saturated compared to other parts of the Las Vegas Valley. Sunset Station, Green Valley Ranch, and M Resort are among the largest competitors in the area, but none are located as close to the Cadence community as Boyd’s new project will be.

    The addition of Cadence Crossing could create new competition, particularly if Boyd Gaming follows through with future expansion plans, including a hotel and more gaming options.

    Keith Smith reinforced Boyd’s commitment to the project, saying, “Cadence is one of the fastest-growing master-planned communities in the nation, and we look forward to providing our neighbors with a modern and compelling gaming entertainment experience when Cadence Crossing Casino opens its doors in mid-2026.”

    With construction beginning next year, residents and gaming enthusiasts won’t have to wait too long to see what Boyd Gaming has in store for the area.

  • ACR Poker Unveils New Tournament Schedule With Bigger Prizes and Faster Play

    ACR Poker Unveils New Tournament Schedule With Bigger Prizes and Faster Play

  • Vegas Strip Holds Top Gaming Spot Despite 4.4% Revenue Dip

    Vegas Strip Holds Top Gaming Spot Despite 4.4% Revenue Dip

    The Las Vegas Strip is still king in the U.S. gaming market, even as revenue slipped 4.4% last year. That’s the key takeaway from the American Gaming Association’s (AGA) latest Commercial Gaming Revenue Tracker. While the industry remains strong, the report highlights a shift—regional gaming hubs are seeing more action, and sports betting is raking in billions.

    Mixed Results Across U.S. Casino Markets

    The AGA report makes one thing clear: not all gaming markets are thriving. Among the top 20 casino markets in the country, only six saw revenue growth last year. More gamblers are choosing to stay local rather than travel to major casino hubs.

    Even with its revenue decline, the Las Vegas Strip remains the top gaming market in the U.S. Nearby, however, downtown Las Vegas and Reno/Sparks saw revenue climb. Atlantic City, the nation’s second-largest gaming market, also took a hit with a 1.7% drop.

    Some markets fared better. Chicago’s casino scene got a boost from new properties, keeping it the third-largest market. The Baltimore-Washington, D.C. region held onto fourth place. Detroit, which struggled with labor disputes in 2023, bounced back, recording its best revenue since 2019.

    Top-Performing Casinos and Growing Markets

    At the individual casino level, there were some notable winners.

    • Resorts World New York City kept its title as the highest-grossing casino outside of Nevada.
    • MGM National Harbor in Maryland and Encore Boston Harbor in Massachusetts rounded out the top three.
    • Rivers Casino Portsmouth in Virginia became one of the highest-earning casinos in the country in just its second year of operation.

    More broadly, 28 out of 36 commercial gaming jurisdictions set new revenue records, thanks to the combined strength of land-based gaming, sports betting, and online casinos.

    Some states saw double-digit growth in traditional casino gaming, thanks to new openings. Nebraska led the way with a staggering 60.1% jump in revenue. Virginia followed at 32%, while Illinois saw an 11% boost.

    Not every state had a good year. Several states that rely on sports betting saw revenue decline, including Montana (-16%), Ohio (-0.9%), and Mississippi (-2%). In total, eight states saw sports betting revenue fall in 2024.

    Sports Betting Revenue Nears $14 Billion

    If there’s one sector of the gaming industry that’s still in full-on growth mode, it’s sports betting. The numbers are eye-popping.

    • Americans legally bet $147.91 billion on sports in 2024, up 23.6% from 2023.
    • Nationwide sports betting revenue surged 25.4%, hitting $13.71 billion.
    • A slightly higher hold percentage (9.3% vs. 9.1% in 2023) helped boost operator revenue.

    New York remains the undisputed leader in the sports betting market, raking in $2.1 billion in revenue last year—a 23% increase. Illinois leapfrogged New Jersey to take the No. 2 spot, with a 21.1% jump to $1.2 billion.

    Massachusetts made a big move, climbing to seventh place as sports betting revenue jumped 38.8% year-over-year. Meanwhile, Ohio—the fourth-largest sports betting market—was the only top-10 state to see a revenue decline, slipping 3.9%.

    By the end of 2024, sports betting was legal in 38 states and Washington, D.C., with Missouri set to join soon. Texas, Mississippi, and Oklahoma could be next to legalize, setting the stage for even bigger numbers in the coming years.

    What’s Next for the Gaming Industry?

    The AGA’s report signals a shift in how Americans gamble. While Las Vegas remains the top destination, regional casinos are seeing more play. Sports betting, meanwhile, continues to grow at a breakneck pace.

    With new markets opening and major states like Texas considering legalization, the gaming industry isn’t slowing down anytime soon. But the question remains: how long can this winning streak last?

  • Kristen Foxen’s Aggressive Play Keeps Pressure on Stephen Song in PokerGO Tour Final Event

    Kristen Foxen’s Aggressive Play Keeps Pressure on Stephen Song in PokerGO Tour Final Event

    Kristen Foxen made her presence felt in the final event of the 2025 PokerGO Tour’s first series, leveraging her chip lead to apply relentless pressure on Stephen Song. With five players left and over $655,000 in prize money still in play, Foxen’s strategic aggression in a key hand forced Song to make a tough laydown, showcasing the dynamics of high-stakes tournament poker.

    A Battle of Big Stacks

    With blinds set at 50,000-100,000 and a big blind ante of 100,000, the hand began with Foxen raising to 200,000 from the cutoff. Song, sitting in the big blind, made the call. While this might seem like a standard preflop confrontation, the context made it anything but routine.

    Foxen held the largest stack at the table, while Song, though second in chips, had to be mindful of three short-stacked opponents. The Independent Chip Model (ICM) considerations put him in a tricky spot—risking a big confrontation with Foxen could be costly, while maintaining his stack lead over the shorter stacks was crucial.

    Applying Pressure on the Flop

    The flop came down, and after a check from Song, Foxen fired out a continuation bet of 150,000. Song called, which hinted at some strength but didn’t necessarily mean he was willing to go deep in the hand.

    For Foxen, this was an ideal moment to keep pushing. Even though she didn’t make a strong hand, she had a solid semi-bluffing opportunity. With her chip lead and position advantage, she could dictate the action, making it difficult for Song to comfortably continue unless he had a made hand.

    The Turn Brings More Firepower

    When the turn brought a second diamond, Song checked again. This was the perfect green light for Foxen to fire a more significant second barrel. She bet 650,000—about three-quarters of the pot.

    Song, who had check-called on the flop with a Broadway gutshot draw, now faced a dilemma. The additional diamond increased the likelihood that Foxen had a stronger hand or a high-equity draw. Calling this bet would commit a large portion of his stack, and if he didn’t improve on the river, he could be in an even worse situation.

    Rather than take the risk, Song folded, conceding the pot to Foxen, who extended her chip lead further.

    The Stack Dynamics at Play

    This wasn’t just a standard hand—it was a textbook example of how tournament poker at the highest level involves much more than just the cards. Foxen used her chip lead effectively, knowing that Song had more to lose than to gain by challenging her aggression.

    Here’s how the stack sizes looked before and after the hand:

    Player Stack Before Stack After Change
    Kristen Foxen ~60 BB ~65 BB +5 BB
    Stephen Song ~37 BB ~32 BB -5 BB

    By forcing Song out of the pot, Foxen not only built her stack but also put Song in a more vulnerable position moving forward.

    The Bigger Picture

    This wasn’t the last time these two would tangle at the table. With Foxen continuing to lean on her opponents and Song trying to navigate his way through the ICM minefield, the battle for the PokerGO Tour title was far from over.

    One thing was clear—Foxen had no plans to take her foot off the gas.

  • Reading Opponents and Spotting Profitable Plays in Omaha Hi-Lo

    Reading Opponents and Spotting Profitable Plays in Omaha Hi-Lo

  • GLPI Reports $389.6 Million in Q4 Revenue as Expansion and New Deals Drive Growth

    GLPI Reports $389.6 Million in Q4 Revenue as Expansion and New Deals Drive Growth

    Gaming & Leisure Properties Inc. (GLPI) ended 2024 on a high note, reporting $389.6 million in fourth-quarter revenue—a 5.6% jump from the previous year. The real estate investment trust (REIT), focused on gaming-related properties, also posted a net income increase, climbing to $223.6 million from $217.3 million in 2023.

    Peter Carlino, GLPI’s Chairman and CEO, credited strategic acquisitions and lease agreements for the company’s record-breaking performance. “We generated record fourth-quarter and full-year 2024 results, reflecting growth across all key financial metrics,” he said. The company also reinforced its shareholder commitment by declaring a $0.76 per share dividend, set to be paid on March 28, 2025.

    Property Portfolio Expands with Key Acquisitions

    GLPI’s growth wasn’t just on paper—it added new properties to its expanding portfolio. Two major sale-leaseback deals closed during the quarter: Bally’s Kansas City and Bally’s Shreveport. With these acquisitions, GLPI’s total property count hit 68.

    Carlino described these transactions as a boost to the 2025 balance sheet, anticipating strong long-term value. The company has increasingly relied on sale-leaseback arrangements to enhance its footprint, acquiring real estate assets from operators and leasing them back under long-term agreements.

    The REIT’s ability to execute these deals highlights its financial flexibility. It continues to secure tenants while expanding its hold in the gaming sector, further solidifying its market position.

    Strengthening Financial Position Amid a Tight Market

    Even with a challenging lending environment, GLPI made significant progress in fortifying its financial position. The company successfully expanded its credit facility, increasing it from $1.75 billion to $2.1 billion. The move extends debt maturities through the end of 2028, giving GLPI additional financial breathing room.

    The capital raise comes at a time when many REITs face tightening credit conditions. GLPI, however, has managed to maintain liquidity and favorable financing terms, allowing it to continue executing on its acquisition and development strategy without major disruptions.

    Boyd Gaming Extends Lease Agreements

    Boyd Gaming, one of GLPI’s key tenants, opted to renew its lease agreements for multiple properties, including Belterra Park in Ohio. The extensions lock in Boyd Gaming’s presence at these locations through April 2031.

    The lease renewals provide GLPI with a predictable revenue stream and highlight the strength of its tenant relationships. While the broader gaming industry faces periodic market fluctuations, long-term lease agreements help ensure stability for REITs like GLPI.

    Expanding into Tribal Gaming with a High-Interest Loan

    GLPI is also making a move into tribal gaming real estate. The company finalized a $110 million financing agreement with the Ione Band of Miwok Indians to support a new casino development in California.

    • The loan carries an 11% interest rate, positioning it as a high-yield investment.
    • The agreement includes an option for the tribe to convert the loan into a long-term lease, offering GLPI potential long-term real estate control.
    • The deal marks a strategic expansion into tribal gaming, an area with significant growth potential.

    Tribal gaming has been an increasingly important segment of the U.S. gambling industry, and GLPI’s investment underscores its interest in diversifying revenue sources beyond commercial operators.

    Looking Ahead: What’s Next for GLPI?

    GLPI enters 2025 with momentum and a solid financial outlook. The company remains focused on expanding its portfolio, leveraging sale-leaseback deals, and securing stable tenant agreements.

    Carlino has acknowledged the industry’s financial challenges but expressed confidence in GLPI’s ability to execute its growth strategy. With strong lease agreements, new financing structures, and a willingness to explore emerging markets like tribal gaming, the REIT appears well-positioned for the future.

  • China Pressures Philippines to Tackle Offshore Gambling After Major Raid

    China Pressures Philippines to Tackle Offshore Gambling After Major Raid

  • Uplatform’s Senior Sales Manager Maria Ism to Attend SiGMA Eurasia 2025 in Dubai

    Uplatform’s Senior Sales Manager Maria Ism to Attend SiGMA Eurasia 2025 in Dubai

    Uplatform is gearing up for SiGMA Eurasia 2025, set to take place in Dubai from February 23 to 25. With an expected turnout of over 18,000 delegates, 500+ speakers, and key government representatives, the event promises to be a hotspot for networking and business expansion in the iGaming industry. Representing Uplatform at the event will be Maria Ism, the company’s Senior Sales Manager, bringing her expertise in business development and strategic partnerships to the table.

    Uplatform Eyes New Growth at SiGMA Eurasia

    SiGMA Eurasia has solidified its reputation as one of the most significant events in the gaming and betting industry. The conference brings together operators, suppliers, affiliates, and regulatory bodies, offering them a chance to explore new market opportunities and technological advancements.

    For Uplatform, this is more than just another conference. It’s an opportunity to showcase its sportsbook and casino solutions, which are crafted to help operators expand in competitive markets. The company’s presence underscores its commitment to staying ahead in an industry that thrives on innovation and adaptability.

    Maria Ism, who boasts over six years of experience in iGaming, will be at the forefront of Uplatform’s engagement at SiGMA Eurasia. Her role? To connect with potential partners, discuss tailored solutions, and highlight strategies that help operators boost engagement and revenue.

    Maria Ism: Bringing Industry Insights to the Table

    Maria’s expertise lies in building strong business relationships and helping operators navigate the complexities of market expansion. At SiGMA Eurasia, she’ll be offering insights into Uplatform’s diverse offerings, including:

    • Comprehensive sportsbook and casino solutions
    • Strategies to enhance player engagement and retention
    • Growth tactics tailored to emerging markets

    Maria believes Dubai’s rapid development and ambition reflect Uplatform’s own approach. “We don’t just follow trends—we help operators stay ahead,” she stated. Her presence at the event will allow businesses to explore practical strategies that drive success.

    What Makes SiGMA Eurasia a Must-Attend Event?

    SiGMA Eurasia isn’t just about discussions—it’s about action. The conference provides an invaluable space where industry leaders exchange ideas, close deals, and set the stage for future innovation.

    Why does it matter for gaming operators and service providers?

    • Massive networking opportunities: With thousands of delegates attending, the event creates endless possibilities for collaboration.
    • Market expansion insights: Operators gain firsthand knowledge of trends shaping iGaming in the Middle East and beyond.
    • Government presence: With high-level officials attending, the event also touches on regulatory developments that impact global gaming operations.

    For Uplatform, being at the forefront of such an event isn’t just beneficial—it’s essential. The company’s solutions are built to adapt to diverse markets, and SiGMA Eurasia offers the ideal setting to introduce these innovations to a global audience.

    Booking a Meeting with Uplatform at SiGMA Eurasia

    For those looking to discuss growth strategies and business opportunities, Maria will be available for in-person meetings throughout the event. Interested parties can schedule a session in advance to explore how Uplatform’s solutions can support their operations.

    As competition in the iGaming sector intensifies, strategic partnerships and innovative technology make all the difference. Uplatform’s presence at SiGMA Eurasia 2025 signals its ongoing commitment to pushing the industry forward.