Beasts of Fire Maximum slot by Play'n GO featuring Charging Fire Beasts, Expanding Reels, and Maximum Burning Spins for explosive wins.
Connect with us
Beasts of Fire Maximum slot by Play'n GO featuring Charging Fire Beasts, Expanding Reels, and Maximum Burning Spins for explosive wins.

Latest News

Billionaire Betfred Brothers Boost Gambling Empire’s U.S. Wager

Published

on

Billionaire Betfred Brothers Boost Gambling Empire’s U.S. Wager

 

The family behind one of the world’s biggest closely held gambling firms is looking to expand its presence in the US as more states legalize sports betting.

Betfred Group, founded by U.K. brothers Fred and Peter Done, set up 10 companies last year in Nevada to operate in states including Louisiana, Ohio, and South Dakota, where lawmakers took steps this year to permit sports betting, according to registry filings. The siblings are worth about $1.3 billion, with their wealth mostly derived from Betfred, according to the Bloomberg Billionaires Index.

The global gambling industry has increased its focus on the U.S. after the Supreme Court allowed states to legalize gambling on individual sporting events in 2018. Colorado, Pennsylvania, and Iowa – where Betfred already has gaming licenses – are among the roughly two-dozen states that have introduced sports betting in the past three years.

Revenue from U.S. sportsbooks totaled $271.9 million in May, an increase of more than 700% from two years earlier, according to the American Gaming Association.

Betfred “plans to be live in additional states in the future,” the Warrington, England-based company said in its 2020 results, which were released this month.

A Betfred spokesman said the company is planning to open in further U.S. locations by early 2022, subject to securing licensing agreements.

Fred, 78, and Peter, 74, grew up in a poor area of England. As children, the brothers helped their father run a betting business before gambling outlets were legalized in the UK. They set up their own firm more than five decades ago with proceeds from a wager on England winning the 1966 soccer World Cup. Betfred now has more than 1500 outlets across the UK, according to its website.

Betfred and the brothers’ other investments have paid dividends of more than 100 million pounds ($138 million) within the past five years, according to the Bloomberg wealth ranking. Those holdings include an e-gaming business and business services company Peninsula, which the Dones founded in 1983 to help small firms.

Latest News

Arizona Boxing and Mixed Martial Arts Commissioner, Joe Pennington, Retiring After 24 Years of Service

Published

on

After serving over 24 years as a Commissioner on the Arizona Boxing and Mixed Martial Arts (“MMA”) Commission, Joe Pennington presided over his final commission meeting on Wednesday, February 19, 2025. Pennington was appointed to the Arizona Boxing and MMA Commission in 2001 by Governor Jane Hull and served under the next four administrations of Janet Napolitano, Jan Brewer, Doug Ducey, and Katie Hobbs.

During his tenure, Commissioner Pennington played a key role in strengthening safety protocols for fighters and reinforcing Arizona’s position as a leader in combat sports regulation. He is most proud of the Commission’s commitment to combatant safety, exemplified by the adoption of the concussion protocol and testing, the passage of 581679, the Boxing/MMA Omnibus Bill, in 2024, and the adoption of rules for Boxing, MMA, Kickboxing, Muay Thai, and Tough Man competitions. Last fall, the Arizona Boxing & MMA Commission was recognized as “Commission of the Year” at the North American Boxing Federation Awards Banquet for its regulatory efforts.

“It has been a pleasure to work alongside Commissioner Pennington over the last few years,” said Danny Vella, Executive Director of ADG’s Boxing and MMA Division. “I am grateful for his nearly two and a half decades of dedicated service and commitment to enhancing combat sports regulation in Arizona. I wish Mr. Pennington the best in his retirement and look forward to the continued impact of his tremendous contributions.”

“On behalf of the Arizona Department of Gaming, I want to extend our deepest gratitude to Commissioner Joe Pennington for his unwavering dedication and service to the Boxing & Mixed Martial Arts community in Arizona,” said Director Jackie Johnson, ADG. “Through multiple administrations, his commitment to integrity, fairness, and the growth of combat sports has left a lasting impact on the industry and the state. We thank him for his years of leadership and public service.”

Serving in his final commission meeting, Commissioner Pennington was presented a commendation from Executive Director Vella on behalf of Governor Katie Hobbs, receiving well wishes from several attendees of the Arizona Boxing and MMA Commission meeting on Wednesday, February 19, 2025, The Department and its staff wish Mr. Pennington a joyous and adventurous retirement, and we are forever grateful for his 24 years of service to combat sports safety and regulation in Arizona.

Continue Reading

Latest News

Continent 8 Technologies Launches its Data Center in Missouri

Published

on

 

Continent 8 Technologies, the leading provider of global managed hosting, connectivity, cloud and cybersecurity solutions to the iGaming and online sports betting industry, has launched its data center and managed and professional services in Missouri.

Following the approval of Missouri Amendment 2 on November 5, 2024, the Missouri Gaming Commission (MGC) is preparing the state for the launch of its regulated online sports betting market, scheduled for December 1, 2025. Continent 8’s first-to-market strategic approach provides Missouri online sports betting operators and suppliers with immediate access to Continent 8’s data center, along with a full suite of best-in-class services that facilitate the rapid deployment of secure, resilient, zero-compromise gaming platforms.

The US continues to be a strategic market for Continent 8, as it remains not only the fastest growing, but only end-to-end solutions provider for the gaming industry in the nation. Continent 8 possesses requisite regulatory licenses, certifications, approvals, and registrations across more than 30 states, including Michigan, New Jersey, Pennsylvania, and now Missouri. The most recent EGR Power US Rankings underscores Continent 8’s position as the premier service provider in the industry, servicing and supporting 95% of the listed operators.

Michael Tobin, CEO and Founder of Continent 8 Technologies, said: “The approval of Missouri Amendment 2 highlights the continuous growth of the regulated and highly competitive US online sports betting market. We are thrilled to already be engaged with numerous customers and actively preparing their environments for the soon-to-open market.

“Our approach, anchored in regulatory compliance, ensures that gaming operators and suppliers are equipped with market-ready solutions to swiftly establish state-compliant, secure and uncompromising infrastructures, while providing ample time to optimize their platforms well in advance of the state’s launch date.”

Continue Reading

Latest News

PA Gaming Control Board Levies Fines Totaling $81,575

Published

on

 

The Pennsylvania Gaming Control Board has approved two consent agreements presented by its Office of Enforcement Counsel (OEC) resulting in total fines of $81,575.

Both fines were assessed against PID LLC, operator of Presque Isle Downs & Casino in Erie County:

• A $50,000 fine for having less than the approved number of active slot machines on the floor; and,

• A $31,575 fine for failure to timely file a Principal License application.

Copies of any of the approved Consent Agreements containing additional details are available upon request through the Board’s Office of Communications.

The Board also took action to place, or deny requests for removal of a previous placement, of 9 individuals from its various Involuntary Exclusion Lists. Placement on an Involuntary Exclusion List prohibits individuals from either gaming in a casino in Pennsylvania, via an online betting site regulated by the Board, or a Video Gaming Terminal (VGT) location. Currently, 1344 persons are on the Board’s various Involuntary Exclusion Lists.

The actions by the Board include three individuals who left a minor or minors unattended while gambling in a Pennsylvania casino. Placed on the list were:

• A male patron who left a 5-year-old unattended in a vehicle in the valet parking lot at Rivers Casino Philadelphia for 12 minutes as he attempted to conduct financial business in the casino; and,

• A male patron who left a 10-year-old unattended in a vehicle with the windows rolled up and engine not running in the parking garage of Wind Creek Casino for 45 minutes with an outside temperature of 90 degrees while he gambled on slot machines.

Advertisement
Stake - Best Online Casino & Sports Betting Platform

Denied their requested removal from earlier placement on the Involuntary Exclusion list were:

• A female patron who, in 2022, left three minors, ages 10, 14 and 15, unattended in a vehicle in the parking garage of Hollywood Casino at Penn National Race Course for one hour 41 minutes while she gambled at slot machines.

Actions such as these to deny statewide gambling privileges serve as a reminder that adults are prohibited from leaving minors unattended in the parking lot or garage, a hotel, or other venues at a casino since it creates a potentially unsafe and dangerous environment for the children. To compliment the efforts by casinos to mitigate this issue, the Board created an awareness campaign, “Don’t Gamble with Kids”.

Continue Reading

Trending

GamingAmericas.com (part of HIPTHER) is your one-stop portal for the latest news, insights, and analyses in the gaming industry across the Americas. From legislative updates and market trends to interviews with industry leaders, we provide a comprehensive look at the dynamic landscape of both online and land-based gaming. Whether you're a stakeholder looking to stay ahead of the curve or a gaming enthusiast eager for reliable updates, GamingAmericas.com has got you covered. Follow us on social media and subscribe to our newsletter for real-time updates and exclusive content. Make informed decisions and stay ahead in the game with GamingAmericas.com.

Disclaimer: All the information provided is for educational and entertainment purposes only. Always check your local laws before participating in any gaming activities.

Copyright © 2018 – 2025, HIPTHER. All Rights Reserved.