Author: Daniel Williams

Key Moments: The Virginia Lottery Board has granted the casino operator’s license for the Norfolk casino project. A temporary casino venue with 130 slot machines is projected to open in November near Harbor Park. The permanent resort, targeting a 2027 opening, is set to feature 1,500 slot machines, 50 table games, a 200-room hotel, and eight food and beverage outlets. Operational Developments and Regulatory Milestones The Virginia Lottery Board has approved the operator’s license for the Norfolk casino, concluding that the application satisfied all requirements for integrity, financial stability, security,…

Key Moments: Christopher Scott King received a 21-month prison sentence in Los Angeles federal court. King agreed to a $10 million forfeiture after generating more than $13 million in unreported income between 2018 and 2022. Sentencing follows ongoing investigations, with notable NBA figures charged in related cases. Federal Sentencing Highlights Enforcement Actions Christopher Scott King, a leading bookmaker from Southern California, has been sentenced to 21 months in prison following conviction for operating an illegal gambling business, tax evasion, and money laundering. King’s sentencing, which took place in a Los…

Key Moments: Over half of American adults visited a casino in the past year, marking a new milestone 74% of Americans support legal and regulated sports betting; 78% view it as entertainment 77% of casino visitors now see responsible gaming programs as effective, up from 67% in 2018 Record Numbers in Casino Engagement The American Gaming Association (AGA) has announced that more than 50% of American adults visited a casino in the past year, which is the highest rate since this statistic began being measured. The data was gathered through…

Key Moments: WorldMatch has made its entire library of games available on Aristocrat Interactive’s aggregation platform The partnership strengthens WorldMatch’s footprint in regulated global markets The integration provides operators on Aristocrat Interactive access to slots, table games, and instant games from WorldMatch Strategic Expansion Boosts Global Presence WorldMatch has revealed that its complete selection of gaming titles is now live on Aristocrat Interactive’s aggregation platform. This strategic collaboration marks a pivotal development in WorldMatch’s drive to accelerate its international growth and establish itself in regulated jurisdictions, made possible by teaming…

Key Moments: Sacha Dragic will step in as sole CEO of Superbet effective January 1, 2026 Albert S. is set to become Deputy CEO on January 1, 2026, transitioning from his current Group COO role Jimmy Maymann will return to the Board of Directors beginning January 1, 2026 Executive Changes Announced Superbet has revealed that Sacha Dragic will assume the position of sole Chief Executive Officer starting January 1, 2026. At that same time, Jimmy Maymann will transition from his executive role and will rejoin the company’s Board of Directors.…

Key Moments: Net revenue reached just over $1 billion for the third quarter of 2025, reflecting a 4.4% year-over-year increase Clairvest became VICI’s 14th tenant following the quarter’s end, assuming operations of MGM Northfield Park Adjusted funds from operations climbed 7.4% to $637.6 million Financial Performance in Q3 2025 VICI Properties reported robust third-quarter 2025 results, with net revenue surpassing $1 billion – an increase of 4.4% over the previous year. Adjusted funds from operations totaled $637.6 million, up 7.4%. Net income for the quarter was $762 million, rising 4%…

Key Moments: Custom payment gateways enable seamless integration with specialized business workflows, including support for crypto and stablecoins. Enhanced security measures and flexible payment options help increase conversion rates and reduce cart abandonment. Key features to prioritize include scalability, payment method flexibility, and integration with essential business systems. Understanding the Value of Customized Payment Gateways Customized payment gateways deliver exclusive financial solutions tailored for industries such as iGaming. These specialized gateways streamline payments by improving efficiency, security, and operational adaptability, resulting in hassle-free transactions. Unlike generic options, customized gateways can…

Key Moments: The UK Gambling Commission has suspended Spribe’s operating license for unauthorized gambling services. Spribe possessed a gambling software license since 2020 but lacked the required remote casino (game host) operating license for its hosting activities. The UKGC emphasized stringent oversight for all industry participants, including software suppliers, not only gambling websites. Regulator’s Decisive Action The UK Gambling Commission has revoked Spribe’s operating license, citing repeated unauthorized operations despite several formal warnings. The watchdog stated that Spribe continued delivering gambling services without necessary approvals. Industry-Wide Compliance in Focus This…

Key Moments: Maybank Securities has projected a significant rebound for DigiPlus Interactive Corp, anticipating renewed growth in 2026. DigiPlus currently controls 41 percent of the Philippine online gaming market, with over 90 percent of its revenues now derived from online operations. The company’s share price dropped by approximately 70 percent following regulatory actions, reaching about Php20.50 from a previous high of Php65.30. Shifting Revenue Streams and Regulatory Setbacks Maybank Securities has commenced coverage on DigiPlus Interactive Corp, recognizing it as the leading online gaming and bingo provider in the Philippines.…

Key Moments: The International Association of Gaming Regulators scheduled its 2026 annual conference for Lima, Peru, from October 19 to 22. More than 300 participants from over 40 countries attended the 2025 IAGR Conference in Toronto, where the Lima announcement was made. Peru’s gaming regulatory framework and commitment to integrity and transparency positioned the country as a regional leader. IAGR Chooses Lima for Its 2026 Global Conference The International Association of Gaming Regulators (IAGR) announced that its 2026 annual conference will be held in Lima, Peru. The event is organized…