Welcome to our weekly digest of gambling news! Here, you will find the latest and most interesting events of the past week that relate to the world of gambling. We offer you to familiarize yourself with the latest news, and trends in the industry. Immerse yourself in the world of gambling with us and stay up-to-date on the latest news in this exciting area of entertainment!
The Swedish government has proposed terminating Svenska Spel’s land-based business, Casino Cosmopol. According to a memorandum published on May 7, the casino brand can no longer fulfill its purpose.
The government cited Casino Cosmopol’s financial problems as one of the reasons for the proposal. Swedish lawmakers also noted that the closure is unlikely to affect the level of illegal gambling.
Casino Cosmopol’s problems were reflected in Svenska Spel’s 2023 report, which showed that the land-based brand was dragging down the company’s financial performance.
If the proposal is passed, Svenska Spel’s license will be amended, effectively ending its operation of land-based casinos. It will force the company to close its casino in Stockholm – the last Casino Cosmopol establishment still in operation. The closure will not only result in the loss of around 200 jobs but also significantly impact Svenska Spel’s operations.
Residents from various states have won jackpots participating in different gambling games, such as virtual tables and slot machines. In total:
The three big prizes in April totaled:
The first was won by a Pennsylvania resident who played Cats. The second went to Spanish 21 from Connecticut. An American Treasures fan took the next jackpot from Pennsylvania. Rounding out the top 10 is a $591,740.00 prize won by another player from Pennsylvania. This person played DraftKings Rocket.
The three jackpots were won by users from Connecticut. A DraftKings Basketball Blackjack player won the fourth largest jackpot. The prize amounted to $1,017,628.43. The big prize totaled $886,377.73 and was won by a customer who played Game King video poker. The sixth largest jackpot of the month went to a Cash Eruption player who took home $696,568.01.
The five prizes went to player Bonanza from West Virginia, player Jin Ji Bao Xi Endless Treasures from New Jersey, player Gorilla Go Wild from West Virginia, player Bankin’ Bacon from Connecticut, and player DraftKings Coin Connect from West Virginia.
The jackpots in question totaled respectively:
Pennsylvania customers won the last three jackpots. The last prizes on the April list were $258,502.09, $176,484.35, and $103,252.90 and were won by DraftKings Rocket, Wheel of Fortune – Triple Extreme Spin, and Cash Eruption players respectively.
It’s been a busy period for both companies. The announcement of the collaboration comes days after IGT announced plans to revamp its video poker offerings in Holland and a partnership with Atlantic Lottery in the Canadian market.
For NetBet, the partnership was the third the company has entered into in May, following agreements with:
The number of partnerships NetBet has entered into in recent months indicates its desire to expand its global presence. In addition, in January, the operator announced former footballer Ray Parlour as its new brand ambassador for the UK in a bid to strengthen its betting app in the region.
The online poker community is gearing up for an exciting period, thanks to the highly anticipated PokerStars Spring Championship Of Online Poker (SCOOP), boasting a staggering $75 million in guaranteed prizes from May 5 to May 29. As players prepare to dive into numerous events, many are turning to StakeKings as their preferred platform for buying and selling action for the SCOOP.
Staking, the practice of buying and selling a poker player’s action, has been an integral part of the game since its inception. While most staking arrangements proceed smoothly, there are instances of deals falling through, leaving backers without their rightful share of the winnings. It is where StakeKings steps in to mitigate such risks.
StakeKings serves as a trusted intermediary between backers and sellers, offering a user-friendly online platform for investors to purchase fractions of players’ action, starting from as little as 1%. Once the seller competes and secures prize money, StakeKings ensures prompt and proportional distribution of profits to investors based on their stake percentage, guaranteeing timely payments and hassle-free transactions. With StakeKings, backers can rest assured that they will receive their rightful winnings without the stress or uncertainty associated with traditional staking arrangements.
The World Series of Poker Circuit (WSOPC) is making its mark in Paris, France, from May 19 to May 28, as the iconic Stade Jean-Bouin becomes the epicenter of ten thrilling ring-awarding events. Among them is the eagerly anticipated €1,200 buy-in Main Event, where PokerNews’ dedicated live reporting team will keep you updated on every pivotal moment.
Throughout WSOPC Paris, competitors have the chance to vie for ten prestigious WSOPC rings, with a highlight being a monumental online event featuring a €1 million guaranteed prize pool. Event #1 kicks off with the €250 No-Limit Hold’em Online tournament at Winamax, spanning five exhilarating Day 1s, including a turbo-charged Day 1E. Despite operating under a French license, Winamax welcomes players from over 50 countries.
PokerNews’ comprehensive coverage of the €1,200 WSOPC Paris Main Event commences with Day 1a on May 24, culminating in the crowning of the ultimate champion on May 28.
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The New Zealand government has announced a gambling regulatory framework that is supposed to start issuing licences to foreign online casinos in early 2026, according to the Minister of Internal Affairs, Brooke van Velden. The move will make it illegal for unlicensed entities to operate in New Zealand while the licence holders will be allowed […]
