The U.S. Internal Revenue Service (IRS) has recently published proposed changes to the tax information reporting policies observed by casinos. The changes include the reduction of reporting threshold for gross casino winnings down to $600 or more, to replace the previous $1,200 or more, for slot and bingo payouts and $1,500 winnings from keno games.…
Read more
NYX Gaming, the iGaming company that acquired the Ongame Poker Network from the Amaya Group last year, will be adding the Ongame Instant Rewards feature to NYX’s Italy-facing online poker products. Designed and built by former Ongame Poker owner Amaya as an achievement engine, it is a tool used by operators to boost player activity.…
Read more
GTECH S.p.A., the company that took control of pioneer casino gaming company International Game Technology (IGT) in July 2014 announced that the new company formed by the merger agreement between the two companies is to move forward in the lottery and gaming industry using the IGT trade name. The initiative pertains to the rebranding of…
Read more
Last February, a BetfairCasino.com patron achieved a record-win by hitting the largest single payout of $1,522,000 from playing with the online casino's "Let It Ride" poker-based card game. So far, it is now the highest single win since the State of New Jersey launched its regulated online casino gaming industry in November 2013. The Betfair.com…
Read more
Resorts Casino, Atlantic City's first casino property has become the fifth operator approved to offer online gambling products and services to New Jersey-located recreational gamblers. After receiving a transactional waiver issued by the New Jersey Division of Gaming Enforcement (NJDGE) last week, it was announced that the Resorts Online Casino website is to go live…
Read more
Last Wednesday. PA State Republican Representative John Payne (R-106th District) introduced to the House Committee on Gaming Oversight, House Bill 649, a proposal add a chapter to the Pennsylvania Consolidated Statutes under Amusement Section, an act legislating the authorization of Interactive Gaming within the State of Pennsylvania. The Republican Representative, who is is currently the…
Read more
The offering of Olympic betting products is once again legal in Nevada, as the state's gaming regulators agreed last Thursday to exclude the Olympic athletic events from the amateur category. The State of Nevada had banned gambling on amateur sports matches in 2001 and at that time, the state regulators included Olympic sports events under…
Read more
The Borgata Hotel Casino and Spa in Atlantic City, New Jersey is all set to introduce an industry first skill-based wagering product with the holding of its initial offering, a basketball hoop shooting tournament with a guaranteed (GTD) prize pool of $10,000. Each contest participant has 15 free throws for achieving the best free throw…
Read more
NextGen Gaming, the Australia-based interactive games development studio of the NYX Gaming Group has closed an online game distribution deal with fellow-Australian slot machine content creator, Lightning Box Games (LBG). The agreement includes NextGen’s reconfiguration of some of LBG’s series of slot machine contents into online gaming materials using NextGen’s proprietary Global Delivery Network (GDN)…
Read more
In an interview conducted by ESPN.com writer David Purdum, regarding NBA Commissioner Adam Silver's publicly declared support for the legalization of sports betting activities on a federal level, the NBA Chief disclosed he has taken further steps by discussing the issue with the Commissioners of other professional sports leagues. Mr. Silver said he has held…
Read more