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Illinois Approves Per-Wager Tax, Industry Reacts Swiftly

Markets-Sports-betting-stocks-slide-after-Illinois-lawmakers-approve-tax-hikeIllinois has passed a controversial new tax on online sports betting, rattling the industry and sending major sportsbook stocks into decline. The move, part of a newly approved $55 billion budget, imposes a 25-cent tax on each of the …

The post Illinois Approves Per-Wager Tax, Industry Reacts Swiftly first appeared on RealMoneyAction.com.

Escalante Targets Full Control of Sweepstakes Leader

VGW-founder-wants-to-acquire-full-ownership-of-sweeps-giantLaurence Escalante, founder of Virtual Gaming Worlds (VGW), is making a bold move to acquire total ownership of the company he launched. Already the majority shareholder with 70%, Escalante is seeking to purchase the remaining 30% through a deal …

The post Escalante Targets Full Control of Sweepstakes Leader first appeared on RealMoneyAction.com.

Regulatory Shift Loosens Licensing Rules in Indiana

Indiana-eliminates-range-of-sports-betting-supplier-licensesA major regulatory overhaul is coming to Indiana’s sports betting industry. Beginning July 1, hundreds of companies that support sports wagering operations—but don’t handle bets or accounts—will no longer need to register with the Indiana Gaming Commission (IGC).

This …

The post Regulatory Shift Loosens Licensing Rules in Indiana first appeared on RealMoneyAction.com.

High Roller Prepares for Ontario Launch with Playtech Backing

High-Roller-and-Playtech-announce-partnership-for-Ontario-marketHigh Roller Technologies is setting its sights on Ontario’s flourishing online gaming market through a new alliance with Playtech. The agreement will see Playtech provide its technology to power HighRoller.com, expected to launch in the second half of 2025, …

The post High Roller Prepares for Ontario Launch with Playtech Backing first appeared on RealMoneyAction.com.

Red Panda Slot Sets New Standard for Inclusive Online Gambling

OLG-hopes-to-steer-industry-with-uniquely-accessible-online-casino-gameIn a move aimed at reshaping the digital gambling landscape, the Ontario Lottery and Gaming Corporation (OLG) has launched Red Panda Tails of Wealth, the first online slot game intentionally crafted with accessibility in mind. The initiative is part …

The post Red Panda Slot Sets New Standard for Inclusive Online Gambling first appeared on RealMoneyAction.com.

New Illinois Budget Hikes Taxes on Online Betting and Vaping

Illinois-lawmakers-pass-budget-with-tax-hikes-on-tobacco-online-gamblingIllinois lawmakers passed a $55.2 billion budget just before their spring session deadline, introducing new revenue measures including higher taxes on tobacco, vaping products, and notably, online sports betting. The tax hikes are designed to help close an expected …

The post New Illinois Budget Hikes Taxes on Online Betting and Vaping first appeared on RealMoneyAction.com.

High5Games Reaches $1.5M Settlement Over Unlicensed Casino Operations

High-5-Games-reinstated-as-Connecticut-supplier-after-regulatory-reviewHigh5Games has agreed to pay nearly $1.5 million and cease its unlicensed online casino activity in Connecticut, following a settlement with the state’s Department of Consumer Protection (DCP). The agreement resolves an investigation into the company’s operation of High5Casino …

The post High5Games Reaches $1.5M Settlement Over Unlicensed Casino Operations first appeared on RealMoneyAction.com.

Majestic Silverback Online Slot from Spinomenal

Leading iGaming content provider Spinomenal has released its latest game title with the Majestic Silverback online slot. The game joins their other amazing titles like their Zeus’s Lightning Blaze and the Wild Santa 3 online slot. Players are welcomed to… Read More »

The post Majestic Silverback Online Slot from Spinomenal appeared first on SlotZine.

Sweeps Sites See Surge in Player Growth Despite Lower Conversion Rates

Optimove-Sweepstakes-gaining-new-players-much-faster-than-online-casinosOnline sweepstakes casinos are attracting new users at a far greater pace than traditional real-money gaming (RMG) platforms, according to a new report from Optimove. The research, based on activity from more than 67,000 players between July and …

The post Sweeps Sites See Surge in Player Growth Despite Lower Conversion Rates first appeared on RealMoneyAction.com.

Caesars Expands Digital Casino Lineup with Unique Slot Experience

Caesars-launches-exclusive-online-slot-title-across-four-jurisdictionsCaesars Entertainment has rolled out a brand-new online-exclusive slot,Ultimate Fire Link Cash Falls by the Bay™, developed in collaboration with Light & Wonder. The game, which merges two popular franchises—Ultimate Fire Link and Cash Falls—is now …

The post Caesars Expands Digital Casino Lineup with Unique Slot Experience first appeared on RealMoneyAction.com.

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