Appeals Court- BetOnSports founder must pay $36 million late taxes and fees

On Wednesday, a three-judge panel of the St Louis based Eighth U.S. Court of Appeals rejected the appeal of a former online gambling company founder who sought to avoid paying $36 million in back taxes and penalties for 2004 and 2005 during his affiliation with BetOnSports, ruling that the plea deal language was “unambiguous” on the government’s right to collect.

In 2006, Gary Kaplan, along with other BetOnSports execs, was indicted in St. Louis and accused of running an illegal betting operation. He was later arrested in the US during a layover for a trip back to Costa Rica. In 2009, Kaplan struck a deal with federal authorities and pleaded guilty to bookmaking, racketeering, and mail fraud. He was sentenced to over three years in prison and ordered to pay the US Government $43 million. Kaplan argued that according to the 2009 deal, any further action by the IRS against him would essentially be double jeopardy. He also claimed that the six-year statute of limitations had expired for the tax returns in question. But as the court noted, Kaplan had never filed tax returns for 2004 and 2005; therefore, the statute of limitations had not yet even begun.

Business boomed in the early 2000’s for the former bookie and high school dropout. The website that employed nearly 2,000 people was once one of the biggest online betting websites in the world. Prosecutors said the business handled more than $1 billion in wagers a year through websites and phone lines. Kaplan decided to transfer the operations offshore to Aruba, after being arrested on sports booking charges in 1993, later moving again to Antigua and then finally settling on Costa Rica.

The following warning was issued to investors in 2004 when BetOnSports went public on the London Stock Exchange: “In general, persons and organizations engaged in the business of sports betting in the US via the telephone or internet are in violation of existing US federal law.” Kaplan’s percentage of the company made him enormously wealthy and he stockpiled money in banks all over the world. He found creative ways of hiding profits from the illegal venture including transferring $98 million to a trust in France of which he was sole benefactor. He failed to pay both the required federal and capital gains taxes on the account.

According to prosecutors, gamblers on the site were led to believe that their deposits were being held in safe keeping at BetOnSports and that the money could be withdrawn at the time of their choosing. When in reality, they were putting that money back into the company. According to the government it’s estimated that customers of BetOnSports lost more than $16 million by the time the company closed shop.

Appeals Court- BetOnSports founder must pay $36 million late taxes and fees

Jackpot Joy- Chasing Big Wins in Online Casino Slots

Along with the increase of mobile phone games, improving your methods for mobile phone systems is actually crucial. Look into particular techniques adapted for mobile phone casino site video games to improve your video gaming take in on the move.

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As social understanding of ecological concerns expands, on the web casino sites are actually additionally applying to bring about durability. Some systems are actually using environmentally friendly process, like utilizing renewable resource for their procedures or even executing procedures to decrease their carbon dioxide impact. This fad mirrors a more comprehensive dedication to company social obligation within the on-line betting business.

For the much more skilled gamers, raised methods like memory card checking in blackjack or even chance study in online poker may supply an one-upmanship. Examine these approaches along with caveat and also method to learn all of them efficiently.

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The on the internet wagering garden is actually vibrant. Visit upgraded along with field patterns and also pick up from skilled gamers. Expertise is actually energy, and also being actually knowledgeable may offer you a critical benefit.

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In the electrifying globe of on the internet gambling enterprises, grasping the fine art of calculated gameplay is actually the crucial to effectiveness. Whether you are actually an experienced gamer or even a rookie, understanding and also executing helpful approaches may considerably enrich your odds of succeeding. Allow’s study the keys that may boost your on the internet casino site encounter.

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The dawn of smart devices catapulted on-line gambling establishment games to brand new elevations. The potential to participate in preferred casino site activities on the move, anytime and also anywhere, carried remarkable comfort. Mobile-responsive sites and also specialized online casino applications ended up being the standard, accommodating the requirements of a present day, hectic way of life.

Guarantee you use safe systems. Your safety and security is actually critical. Comprehend the protection actions in position as well as take on liable betting practices to secure your own self.

Use registered systems as well as recognize the nearby gaming legislations in your territory. Observance is actually certainly not just reliable however likewise guarantees a protected and also secure pc gaming setting.

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Past standard casino site offerings, the market has actually observed the introduction of particular niche video games as well as esports wagering. Systems currently include a selection of one-of-a-kind activities that accommodate certain enthusiasms, drawing in a varied variety of gamers. Esports wagering, where gamers can easily bet on specialist pc gaming events, has actually ended up being a substantial market, mixing the enjoyment of wagering along with the sensation of very competitive video gaming.

In the quickly growing garden of on-line home entertainment, handful of fields have actually experienced as extensive a makeover as on-line gambling establishments. The quest coming from typical brick-and-mortar facilities to the electronic world has actually been actually absolutely nothing except revolutionary. Allow’s start an engaging expedition of the advancement of internet gambling enterprise video games, mapping the electronic surge that has actually enhanced the method our team experience and also appreciate wagering.

Just before diving in to techniques, it is actually important to understand the basics of on the web gambling enterprise video games. In the swiftly developing garden of on-line home entertainment, handful of fields have actually seen as great a change as on the internet gambling enterprises. Permit’s get started on a fascinating expedition of the advancement of on the web casino site video games, outlining the electronic surge that has actually improved the method our team experience and also appreciate wagering.

As innovation progressed, therefore carried out the capacities of internet gambling enterprises. The overview of fast world wide web, boosted graphics, as well as innovative software program allowed the progression of an assorted selection of activities. Coming from traditional memory card activities to cutting-edge vending machine, the electronic system offered a canvass for creative thinking as well as selection.

Certainly not all gambling establishment video games are actually made equivalent. Suit maker your technique to the video game you are actually participating in, whether it is actually blackjack, online poker, or even ports.

The beginning of on the web gambling enterprises branded an ideal change in the wagering field. In the mid-1990s, the very first on the web casino sites arised, providing a handful of timeless video games like blackjack as well as live roulette. The uniqueness of participating in these activities coming from the convenience of one’s home stimulated first passion, risking the base for the extensive electronic online casino garden we understand today.

A considerable surge in on the internet gambling establishment advancement happened along with the intro of real-time supplier activities. Gamers may communicate along with real-time dealerships in real-time, boosting the social part of on the internet betting.

In a yard where individual choices develop quickly, effective on the internet gambling enterprises continuously conform. Individual expertise, simplicity of navigating, and also receptive client help are actually essential variables that systems focus on. Through keeping in harmony with the requirements as well as inclinations of their individual foundation, on the internet gambling establishments can easily keep an one-upmanship in the ever-evolving electronic area.

One more distinctive advancement in the internet casino site field is actually the boosting recognition of cryptocurrencies. Cryptocurrencies supply improved safety and security, much faster purchases, and also a degree of privacy that allures to a lot of gamers.

The development of on-line casino site activities is actually a proof to the dynamism of the electronic period. The progression of on the web gambling establishment activities shows a business in consistent activity, steered through advancement as well as a dedication to satisfying the transforming demands of gamers.

The progression of on-line gambling establishment activities mirrors a field in steady movement, steered through advancement as well as a dedication to complying with the transforming necessities of gamers. Coming from technical innovations to social combination as well as ecological points to consider, on the web casino sites remain to shape-shift in action to a powerful electronic garden. As our company search in advance, the potential commitments a lot more interesting growths, making certain that the sensation of on-line gaming stays an ever-engaging knowledge.

Perseverance as well as perseverance are actually qualities on the planet of on-line betting. Build a succeeding attitude through working out psychological management. The capacity to keep restful under the gun provides substantially to effective gameplay.

Pick up from real-life results tales. Comprehending the experiences of prosperous gamers may give important ideas and also creativity for crafting your techniques.

As our experts use the electronic surge, the potential commitments a lot more interesting advancements. Expert system is actually positioned to participate in a vital part in customizing the games take in. AI protocols may examine gamer habits, inclinations, as well as designs, adapting activities and also referrals to personal preferences.

Blockchain modern technology has actually attended to historical problems connected to justness as well as safety in internet gambling establishments. Straightforward and also decentralized, blockchain makes sure that the result of video games is actually really arbitrary and also certainly not maneuvered. Furthermore, it improves the surveillance of purchases, promoting trust fund amongst gamers.

Involve along with fellow gamers, system, as well as gain from others. Social elements incorporate a level of fulfillment to on-line gaming, however regularly guarantee liable interaction.

Online casino rewards may be a game-changer, however recognizing the linked betting needs is actually important. Take advantage of rewards to your conveniences while bearing in mind the problems and also phrases.

To interact modern-day readers, on the web gambling enterprises have actually welcomed gamification, switching standard gameplay right into an experience. Gamers can easily plunge into missions, make perks, and also uncover brand new amounts, including a factor of capability as well as approach to their games encounter. This pattern has actually redefined the belief of on the internet casino sites, creating all of them greater than merely systems for betting.

Different reality coming from myth. Dismissing typical mistaken beliefs concerning methods is actually important. Know the reality responsible for methods as well as create notified selections.

In the on-going development of on-line gambling establishment activities, social combination has actually come to be a vital emphasis. Multiplayer activities as well as area components enable gamers to get in touch with buddies, reveal take ins, as well as also take part in competitions. The feeling of neighborhood incorporates a social factor to on-line betting, creating it a discussed and also pleasurable task.

Jackpot Joy- Chasing Big Wins in Online Casino Slots

Enter A Competition Online This Afternoon!

Buying lottery tickets on the web is turning to become major associated with past-time for many people these workouts. But many people falter while trying purchase a lottery ticket live on the internet. There are certain secrets a person need to have a lottery as well as win at a personal game of lottery. These secrets will help you buy a ticket quickly as well as assist you from getting cheated of your hard-earned cash online.

Enter A Competition Online This Afternoon!

The same thing can occur to you whenever you look at an auction site and find something unusual. When win the bid, naturally you have to pay for but activity . send the money, this device is never shipped to you. Just to allow you know, the FTC has reported 51,000 auction complaints in 2002.

Another method to never use number multiples or designs. For instance, using numbers like 6-12-18-24-30 functions very low chance of winning. Same last digit combinations pertaining to instance 3-13-23-33 are not recommended. 90 % of all winning combinations have at the most one same last number.

If you are playing the lottery game by betting your favorite numbers, in addition to noticed so it doesn’t ante up the way you expected it. Using favorite numbers are already a subject put to rest when it will come to making a bet. Upon getting attempt the Pick 3 Online, try the latest strategy other than guessing; could possibly have being not guessing at the only thing. Pick 3 Online lottery is and not a game of risk but a somewhat mathematical and logistic inclined game for the itching one who did that.

My answer would be: No, Online lottery lotto sites are not safe to buy. Why? To answer the question, Permit me to first explain how the regular lottery operates. A normal lottery, especially in North America, is run by a government specialist. Everything about the lottery is strictly regulated – Who can play, simply how much they can play, what number of revenue goes towards prizes, how the balls are drawn, once the balls are drawn, and absolutely anything different you can think pertaining to. There is no room for errors and fraud is virtually non-existent. Most of these measures are put in place to be fair and to acquire the trust of those.

The moot point on winning a lottery to look at into perspective here is that they beating the national lottery is no child’s play, if guess what we mean, the probability would end up being the same the way it would be for others around. Lottery balls aren’t opportunity to win the big game and each one lottery ball would be differently used than its counterpart. So don’t fall for those petty promising lottery schemes that say offer the winning numbers or the ones that bring you the cash.

A lottery wheel is software that generates the amount of combination for you. Lottery wheels have done lots of wonders for Pick 4 lottery players so this can really be considered great easily you. A person have get a lottery guide and a lottery wheel for yourself, you can also join lottery pools. These lottery pools are made from a group of people betting together to strengthen their chances of winning. The prize finances are divided as well but your sincerity are a part of a pool, you will automatically win more often. This counters the lesser winnings because your earnings will become consistent and also much such as income by your regular occupation.

Lithuania and Ukraine gaming regulators ink memorandum of understanding

The government of Lithuania has announced that its Gaming Control Authority regulator has signed a memorandum of understanding with Ukraine’s Gambling and Lotteries Regulation Commission watchdog.

Lithuania and Ukraine gaming regulators ink memorandum of understanding

The small Baltic country’s Ministry of Finance used an official press release to proclaim that the new alliance builds upon an interim deal inked almost a year ago so as to see the two gaming regulators cooperate ‘in the field of supervision of gambling and lotteries’. The government department used the filing to additionally stress the importance of ‘international cooperation’ in controlling iGaming via the ‘exchange of information and best practices’ as well as the deepening of ‘knowledge in the field of business supervision, regulatory practices and the enforcement of legislation’.

Divergent directions:

Lithuania is home to almost 2.8 million people and recently approved new legislation that is to waive the existing requirement for locally-licensed online gambling operators to maintain a domiciled business presence within the country. For its part and Ukraine, which is currently involved in a war with neighboring Russia, ratified a measure in July of 2020 that reversed a previous ban on iGaming although it has since struggled to codify a concrete range of tax and licensing issues.

Arranged aims:

Virginijus Dauksys serves as the Director for the Gaming Control Authority and he used the press release to declare that the fresh alliance is to see his organization work with its Ukrainian counterpart in pursuing ‘the targeted objectives in the agreed areas.’ The regulator moreover pronounced that these fields are to encompass the ‘exchange of legal information and market regulation practices’ alongside how to fastidiously apply ‘legislation and the requirements for businesses.’

Read a statement from Dauksys…

We are very pleased with this agreement and with the fact that our new partners are colleagues of the authority of this tenacious, unyielding and proud country. We hope, this cooperation will be mutually beneficial and we will support and assist our Ukrainian colleagues in their needs to our best abilities and in the scope of our competence.”

Planning potential:

Lithuania has permitted its residents to enjoy a range of iGaming entertainment since 2016 with many of the world’s largest online casino and sportsbetting operators including the likes of Betsson AB, Entain and Enlabs AB now holding a considerable presence in the nation. Dauksys finished by avowing that his organization’s fresh relationship with the Gambling and Lotteries Regulation Commission could lead the pair to jointly coordinate ‘seminars, lectures or other formats of exchange of practices’ for the benefit of specialists in both countries.

DraftKings Incorporated to premiere sports-themed NFT service

American online sportsbetting operator DraftKings Incorporated has announced the pending launch of a new remote marketplace that will allow non-fungible token (NFT) users to buy, sell and trade digital collectibles from the worlds of sports, culture and entertainment.

The Boston-headquartered firm used an official press release to detail that its coming DraftKings Marketplace service is to additionally serve as an exclusive content distributor for the Autograph NFT platform, which leverages the official licensing of prominent celebrities and athletes so as to provide aficionados with the ability to obtain a large range of digital collectibles.

Sizeable souvenirs:

DraftKings Incorporated to premiere sports-themed NFT service

DraftKings Incorporated pronounced that its forthcoming DraftKings Marketplace advance will be designed for ‘mainstream accessibility’ and permit ‘curated NFT drops’ as well as ‘secondary-market transactions.’ The operator moreover declared that the upcoming service is to give ‘millions of customers’ a way to ‘seamlessly buy, sell and trade digital collectibles’ from some of the most prominent sports figures in addition to television and film series such as The Hunger Games, Dirty Dancing, Blair Witch and Mad Men.

Contemporary convenience:

Matt Kalish serves as the President for DraftKings Incorporated, which additionally runs a range of daily fantasy sports competitions, and he used the press release to assert that NFT users have ‘reinvented the collectibles industry and driven excitement to early-adopting audiences worldwide’ including in his own firm’s online community. The boss affirmed that his company also intends for its coming DraftKings Marketplace innovation ‘to usher in this new era by introducing millions of collectors to this evolving space’ and at the same time supplying these aficionados with ‘beloved content through an intuitive interface built to win over the long term.’

Read a statement from Kalish…

“DraftKings Marketplace will sit at the center of this technological and cultural phenomenon to provide our immense existing customer base with an easily accessible experience that rivals all legacy marketplaces. This initial vision in collaboration with Autograph and its coveted collection of official digital collectibles is a vital first step as we enter the emergent NFT market.”

Planned premiere:

DraftKings Incorporated confirmed that initial drops on its coming mobile-friendly NFT service are to encompass collectibles of ‘legendary athletes from Autograph’s roster of talent and partners’. It then finished by proclaiming that this inaugural offer, of which more will be revealed next month, is to be made available in its Pre-Season Access collection for United States dollars and simultaneously give aficionados an opportunity ‘to obtain preferred access to future releases.’

Experience A Real Mountain Adventure In Push Gaming’s New Release- Goat Getter

Push Gaming, a B2B gaming supplier based in London, UK, has launched Goat Getter, a goat-themed slot featuring a goat, which, besides its outstanding climbing ability is very good at collecting gold coins.

Extraordinary visual:

True to its name, the main theme of the slot is the aforementioned goat, which appears during the bonus game and may provide a collection of coin pot symbols and amazing power-ups. The game takes place in a location surrounded by alpine landscapes, where players may see green spruce trees with fireflies and birds happily flying around. In addition, the game may be played on any device.

The scatter pays mechanic is applied here, where wins are made when players make a combination of 6 or more matching symbols anywhere on the reels on a dynamic 5×6 grid, which further triggers the cascade feature.

The basic low-value symbols are clubs, spades, hearts and diamonds, the medium-value symbols are rubies, eggs and mushrooms, while the high-value bonus symbols are red, green and purple treasure chests. A combination of 18 or more low-value symbols is worth 15x to 30x, increasing to 45x to 75x and 200x to 500x a player’s bet for the combinations of 18+ medium and high-value bonus symbols. However, besides these symbols, there are also the goat, coin pot and yellow/purple scatter symbols.

Furthermore, the game has a medium/high volatility, a default RTP of 96.40% and a maximum win of 10,000x a player’s bet.

Slot features:

Cascade – when players make a winning combination, this feature is triggered. Upon activation, each symbol that was part of said winning combination will disappear from the reels, and then new ones will appear descending to fill the empty spaces. This feature stops when there are no more winning combinations in sight.

Experience A Real Mountain Adventure In Push Gaming’s New Release- Goat Getter

Coin Drop – throughout the spins, coin pot symbols may appear, but with random prize values attached to them. If players land 6+ coin pot symbols at the same time, this feature is triggered. In addition, landing 6 to 9 coin pot symbols awards players with 0.5x, 1x, 2x or 4x, changing to 0.5x, 0.6x, 0.8x, 1x, 2x, 3x, 5x, 10x, 25x, 50x, 100x, 250x, 500x and 1000x a player’s bet for 10+ coin symbols, but the values mentioned above are for the current prize money attached to them.

Said feature begins with just the coin pot and scatters symbols staying on the reels. Mystery boxes may also appear when new symbols drop from above, displaying the coin pot, scatters or dud throughout the base game. However, if players land scatters or coin pot, a new mystery box drop will be performed, raising the total award value or triggering free spins. These sequence continues as long as players continue to land scatters or coin pot symbols.

What’s more, if the aforementioned feature is triggered during the free spins, the mystery boxes will show the coin pot, the goat and the dud symbols. Every goat symbol that appears will accumulate values from each coin pot symbol and multipliers are available if players manage to collect a certain number of goats.

Free Spins – this one is triggered if players land 3+ scatters. The number of scatters determines the number of free spins players will get after activation. The options are:

  • 3 scatters – they will get 6, 7, 8, 10, 11 or 12 free spins;
  • 4 scatters – they will get 10, 11, 12, 14, 15 or 16 free spins;
  • 5 scatters – they will get 14, 15 or 16 free spins.

However, if the number of free spins offered doesn’t satisfy the needs of the players, they may want to use the gamble feature to potentially receive more of them.

What’s more, throughout this round, there is an option to land the goat symbols, the game’s collect symbol, as mentioned above. This will generate values from the coin pot symbols that appear and the goat will be collected to the meter located on the right side of the reels. Players may trigger 4 different levels and need 5 collected goats to progress to a new level. The levels are:

  • Level 1 – goat symbols get a 2x multiplier for collected coin pots, 5 additional free spins are rewarded;
  • Level 2 – goat symbols get 3x multiplier, 5 additional free spins;
  • Level 3 – goat symbols get 5x multiplier, 5 additional free spins;
  • Level 4 – goat symbols get 10x multiplier, 5 additional free spins.

Gamble – as already mentioned above, this feature is used when players want to get extra free spins even though they have received a certain number of free spins after activating the bonus game. As soon as it is activated, players will spin a gambling wheel consisting of a free spins segment or a no-reward segment. However, if they land on the free spins reward segment, they may choose to gamble again for more or collect the prize, but if they land on the no-reward segment, it’s back to the base game where the bonus mode begins automatically if players have already accumulated 14 free spins.

Push Bet – this one is triggered if players deposit an additional 20% of their bet, which then enhances the odds of triggering the free spins feature by 34%.

Bonus Buy –  in order to trigger this feature, players should want to get to the Free Spins immediately. There are several options:

  • 100x – landing 3 scatters and activating the free spins feature;
  • 200x – landing 4 scatters and triggering free spins;
  • 400x – landing 5 scatters and activating free spins;
  • 175x – randomly landing 3, 4 or 5 scatters and triggering the free spins bonus game.

Commenting on the launch, Amit Samji, Head of Studio at Push Gaming, commented: Goat Getter’s theme is a breath of fresh, clean mountain air among the leprechauns and pyramids of today’s market. But it isn’t just a well-appointed concept, the gameplay is tight and the features and mechanics weave together perfectly to deliver a simply great game. We’re sure this one title that gets player’s goats in entirely the right fashion!” 

Online Gambling Guide – 4 Suggestions To Increase Your Chances Of Winning

In today’s culture a significant and act of gambling is often looked down upon becoming a something that destroys people’s lives and many Christians a further Bible believers claim that it is Sin. They say that all forms of gambling are sinful and you will not be a Christian an advanced gambler. Unfortunately the Bible does circuitously address the problem of gambling and making it left up to interpretation to whether or not gambling is wrong as eyes of God.

Another technique of online casino temptation is which are giving their players a more affordable amount of greenbacks to wager in their casino computer games. A lot of players grab considerably over the years of offers, specially with those low rollers shooter. online casino are giving out this involving offers deliver their players a more and more to gamble in their gambling house online.

Many virtual casino s offer bonus items. Generally, these fall into two main types: the smaller, no-deposit bonus, a person don’t choose to put down any money of your own; along with the matching or deposit bonus, whereby the casino will match – or more – even if you you laid out. No-deposit bonuses are  a good choice for testing a gambling site’s waters. But, do together with you fully read and understand the terms and types of conditions of any bonus displayed.

At seminars, I am always asked why place bets aren’t as good as come bets. Could lies in the dice products. A place bet can be would often illustrate this aspect. A bet placed directly around number 5, as an example (aka place bet), may only win on a total of four dice combinations: 1-4, 4-1, 2-3, 3-2. That’s it! When a 7 is rolled, with a total of 6 dice combinations, the bet seems. That’s 6 to 4, or 3 to 2 against you based regarding dice combinations alone.

Another thing that you will wish to give preference to is no matter whether the gambling website you simply inquire about accepts the method of deposit that muscular. Some sites have very limited options available, while others have a big selection of options for their players to select from. The bigger far better gambling sites usually find more of a variety, basically because they are targeting many players from different countries.

But, dilemma all things online, care must be utilized when choosing the casino you play with. After all, should want to finish up not fully you have to terms for this bonus, or even otherwise receiving your fantastic takings! So, let’s take a closer examine online casinos, what they offer, as well few points to watch.

On another hand, if you observe how the online gaming casino you’re playing in is not producing wins, pick an appropriate new on line casino. There are loads higher productivity there choose from from supply a fair game. Most importantly have fun gambling via the internet. It’s one of the premier involving relaxation you’ll acquire about the internet.

Online Gambling Guide – 4 Suggestions To Increase Your Chances Of Winning

Mississippi casino revenue spikes as sports betting debuts

The regulations having taken effect on July 22, Mississippi’s launch of sports betting is already proving to benefit brick and mortar casinos in the state where overall casino revenue increased significantly in August.

PASPA unconstitutional:

In an effort to be among the first states in the nation to legalize sports betting, the Mississippi Gaming Commission made regulations public just three days after the Professional and Amateur Sports Protection Act of 1992 (PASPA) was overturned by the U.S. Supreme Court on May 14, 2018.

In the four months since the landmark decision, in addition to The Magnolia State, Delaware, New Jersey and West Virginia and have all launched regulated sports betting, joining Nevada in the market.

Revenue gains:

The Associated Press reports via the Sun Herald, that throughout Mississippi, in August gamblers lost $181 million in the only state in the South with sports betting this season. The figure represents an 8 percent increase from the reported $168 million form the same time last year, according to figures (pdf) released Thursday by the state revenue department.

Of the amount lost, however, sports wagers only account for $645,000, with the first month of sports wagering in the state seeing $7.7 million in bets placed.

Future revenue:

According to the news agency, regulator and casino executives hope that the lure of the new gambling vertical will translate to more money being lost on other games in casinos and that hotel stays and restaurant sales will increase as a result.

Once the first full month of sports betting in the state is in the books, the commission will determine whether or not and to what extent it [sports betting] has affected other revenue, said Mississippi Gaming Commission Deputy Director Jay McDaniel.

It is expected that as the NFL’s regular season gets into full swing, September’s figures will show an increase over last months. McDaniel reportedly said that through the 19th of September, bettors wagered $17.8 million, suggesting that September’s total will be between $25 – $30 million. The deputy director reportedly went on to say that over the long term, officials expect brick and mortars to win between 6 and 7 percent of what is wagered.

State’s take:

Casinos’ sports betting revenue is taxed at 12 percent, the same rate as slot machines and table games in Mississippi, with the state receiving 8 percent and 4 percent to local. In August, that was good for about $52k. Revenue from sports betting was also recently earmarked by state lawmakers for the Mississippi Department of Transportation. However, it’s unlikely that tax revenue will exceed a few million dollars annually.

Overall, the state’s dozen coastal casinos saw revenue of $108 million in August, a 10 percent spike from the same time last year, while revenue at the 16 river casinos was up 4 percent from August 2017, a modest 4 percent increase.

Thanks to a robust August, the state’s casino revenue is in the red for the past 12 months, with the state seeing a gain of less than 1 percent.

Choctaw Indian casino numbers are not included in the figures as they are not required to report their winnings to the state.

The brand-new sports books at Beau Rivage Resort & Casino (main picture) in Biloxi and Gold Strike Casino in Tunica, both owned by MGM Resorts International, took the first legal sports bets in the state on Wednesday, August 1, 2018.

Mississippi casino revenue spikes as sports betting debuts

Pragmatic Play launches lively new 5 Lions Dance video slot- agrees back-to-back Bingo deals_1

After recently inking two landmark bingo deals and in keeping with its ambitious 5-games-a-month production rate, Pragmatic Play has launched its latest title, 5 Lions Dance.

Pragmatic Play launches lively new 5 Lions Dance video slot- agrees back-to-back Bingo deals_1

Played over 5 reels with 1,024 ways to win, the oriental-themed, medium volatility video slot sees players partake in this lively dancing lions celebration complete with two bonus features.

“5 Lions Dance is a fantastic new addition to our slot portfolio.”

During gameplay, the Lion Reel feature has reels 1 and 2 combine to create major win potential if three of the Lion Reel symbols land on any spin. If that happens, a player could potentially earn cash rewards of up to 200 times their stake. The popular extra spins mode is triggered by landing three Scatter Symbols, which grants at least 10 bonus spins. Meanwhile, landing a Lion Head symbol of any kind transforms into matching symbols which increases a players’ prize pots.

Offering a 96.5 percent RTP, the new Asian-themed game has a potential max win of 2,700 times the stake, with every major win accompanied by dancing Lions overtaking the reels.

Chief Commercial Officer for Pragmatic Play, Melissa Summerfield, commented on the new release in a company presser, saying…

“5 Lions Dance is a fantastic new addition to our slot portfolio as we look to continue to broaden our slot portfolio to appeal to players of all demographics.

“We continue to pursue an impressive and ambitious games production rate, with five games a month now being achieved by our development team. We look forward to 5 Lions Dance being another exciting game for our fans.”

“To be their exclusive Bingo provider is yet another impressive landmark for the performance of our product.”

Broadway Gaming tie-up:

In addition to its busy production rate of five new slot releases a month, the leading multi-product content provider also just launched with one of the largest UK bingo networks, Broadway Gaming. Under the terms of the deal, Pragmatic Play will be the sole bingo provider for the operator’s five bingo brands, which include Glossy Bingo, Rosy Bingo, Dotty Bingo, Bingo Diamond and its flagship brand, Butlers Bingo.

Summerfield said…

“We’re thrilled to see our products live with one of the most prominent bingo operators in the UK market. Being selected by Broadway, from a range of suppliers, to be their exclusive Bingo provider is yet another impressive landmark for the performance of our product and a recognition of the innovation and hard work we’ve put into the development of this vertical. We are quickly becoming the go-to Bingo provider for the industry with deals recently closed such as SkillOnNet’s PlayOJO, Lottoland, LeoVegas and more.

Broadway Gaming is known for having a substantial, loyal player base who expect a high-quality gaming experience and this partnership will enhance that further.”

Pragmatic’s all-encompassing bingo offering includes a market-leading number of variants such as 90, 80, 75, 50 and 30-ball, along with the new, exclusive variant, Bingo Blast.  The mobile-first game is 3-4 times faster than the average 90-ball bingo game and ideally suited for on-the-go play.

Chief Executive Officer for Broadway Gaming, David Butler, added…

“After evaluating many products and many providers, taking Pragmatic Play’s Bingo offering through a direct integration was the best decision, and represents an important step for us. Our players expect high-quality games, and we’re sure that Pragmatic Play’s products will exceed our, and their expectations. We can’t wait to see how the games will perform with our brands and on our network.”

LeoVegas integration:

The collaboration with Broadway Gaming comes on the heels of its landmark deal with LeoVegas, which marks the full integration of all of its products with the tier-one operator. Earlier in the year, the Swedish mobile gaming company and provider of online casino and sports betting services integrated Pragmatic Play’s wide range of slots, as well as the supplier’s fast-growing live casino games. And after finding success with that content, the renowned operator went live with Pragmatic’s bingo content, which includes six variants.

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