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The Nevada Gaming Control Board (NGCB) reported that it reached the $1b mark for its casino gaming revenue in May, thanks to table gains from baccarat and sports betting in basketball and baseball.
Nevada wants to forget what happened in April.
The NGCB said that statewide casino gaming revenue reached $1.04b, a 5.3% increase from the same month last year and a rebound from April 2018’s $953.7m. Table gains were driven by baccarat, which shot up nearly one-fifth to $120.8m. On the other hand, state’s licensed sportsbooks netted just under $20.5m, composed mainly by betting revenues from baseball at $10.8m and basketball at $9.3m.
| FEATURED VIDEO |
Tom Washington: Africa has a different type of betting demographic
In this interview with CalvinAyre.com’s Becky Liggero, the BetGenius Communications and PR head shared how they were rewarded by listening to the needs of their African customers.
| FROM COINGEEK.COM |
75% of Filipinos don’t have access to traditional financial services
CoinGeek’s Stephanie Tower had a Coinversation with Colin Goltra, head of cryptocurrency programs at Coins.ph, about their company’s mission of providing digital financial services to the masses.
| GLOBAL ROUND UP |
| AUSTRALIA |
The Australian casino operator was allegedly given a special exemption by the Victorian government to issue cards that allow loyal patrons to place bigger wagers in some poker machines.
| EUROPE |
Paddy Power founders punt on gambling startup Banach Tech
Dublin-based betting technology startup Banach Technology, which is said to offer pricing and product services to sports betting operators, had Paddy Power bigwigs to thank for a successful funding round.
Malta’s gaming sector contributed €1.1b to local economy in 2017
The Malta Gaming Authority reported that the gaming sector’s direct contribution to the Maltese economy hit €1.1b last year, €100m higher than in 2016.
| NORTH AMERICA |
Las Vegas Sands and owner Sheldon Adelson are supporting Japan’s bid to host the 2025 World Expo, hoping that Japan will reciprocate and hand them a coveted casino license.
SBTech announced that it will provide Resorts Casino Hotel with a sportsbook solution “across on-property, online and mobile channels,” but it is still subject to government approval.
| WORD OF THE DAY |
Churn – refers to how many subscribers an email list loses due to unsubscribes or subscribers becoming inactive. It also describes how those losses affect list growth efforts.
| PRESS RELEASES |
Sportsradar settles legal dispute with Betconstruct, 2 bookmakers
The betting technology provider has announced that it settled its legal proceedings against Betconstruct and two bookmakers for allegedly using their live tennis data from ITF, although the details of the payment were kept under wraps.
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