12 arrested in Vietnam for running a $72M illegal online casino. Leaders identified as Vo Vu Lam, Ngo Anh Hoa, and Nguyen Minh Thoi. $72K in cash, devices, and weapons seized.
#igambling
North Americaβs online gambling market will double to $27.5B by 2029. Key areas: sports betting, online casinos, lotteries, and poker. Growth is 12.6%, barring major regulatory changes.
π In Belarus, the head of an online casino testing lab was sentenced to 13 years for corruption. He took bribes and arranged fake employment for his wife, earning $202,900. He was also fined $30,500. The verdict can be appealed.
#belarus#gamingauthority#Corruption
#Playtech#gambling
π Playtech's revenue grew 5.5% in H1 2024 to β¬906.8 million, with strong gains in North America and Latin America. B2B revenue rose 42% in the Americas, and EBITDA increased 11% to β¬243 million.
π΅ According to Morgan Stanley, casino resorts in the UAE could potentially earn an annual gross gaming revenue (GGR) of $3 to $5 billion.
#uae#gambling#casino
IGT will showcase its new Wheel of Fortune product line at G2E 2024, featuring video poker, ETGs, and lottery terminals. Highlights include a 120-inch roulette wheel and new progressive slots with huge prize pools.
#IGT
The Philippines are banning Chinese citizens from online gambling, following China's pressure to limit its citizens' access to foreign gambling sites.
#gambling#Philippines#China#casino