Connect with us
European Gaming Congress 2024

Uncategorized

Australians Lost Over $7.74B on Poker Machines Last Year

Published

on

Reading Time: < 1 minute

 

Scrutiny of the Australian gambling sector continues with a new study showing that Australians lost more than AU$11.4bn (US$7.74bn) on slots, or poker machines, in pubs and clubs across five states last year.

The figures compiled by Monash University’s Gambling and Social Determinants Unit showed that in the 30 years to 2019 poker machine losses at hotels and clubs in Australia amounted to AU$308.4bn.

The study revealed that New South Wales, Victoria, Queensland, South Australia, and Tasmania lose AU$11.4bn annually, the equivalent of AU$658 for every adult resident. For players using poker machines, the average loss across the five states was AU$3,429 per year.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

Annual losses totalled AU$5.4bn in NSW and AU$2.2bn in Victoria. Those amounts decreased by an average of 17% or a total of AU$1.6bn compared to 2018-19 due to pandemic restrictions.

Charles Livingstone, Monash University associate professor, said: “Previous trends are likely to resume after the easing of pandemic restrictions with hotel and club gambling machines total expenditure for 2022-23 likely to exceed AU$13bn across Australia.”

Tim Costello, the chief advocate at the Alliance for Gambling Reform (AGR) has called for the federal government and states to establish a national gambling harm regulator “to reduce the terrible toll gambling is wrecking on Australian society”.

“A regulator can bring the states together, it can progressively reduce the number of poker machines, it can fast-track harm minimisation measures such as digital wallets. At the moment there is no coordination and no will to act,” he added.

Powered by WPeMatico

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)
Continue Reading
Advertisement

Uncategorized

TWO NEW WORLDS WERE UNVEILED AT ZITRO EXPERIENCE MEXICO 2024

Published

on

two-new-worlds-were-unveiled-at-zitro-experience-mexico-2024
Continue Reading

Uncategorized

Play’n GO announces network-wide US release of hit title Colt Lightning Firestorm

Published

on

play’n-go-announces-network-wide-us-release-of-hit-title-colt-lightning-firestorm

Eagerly anticipated release now confirmed following a highly successful exclusivity period with Rush Street Interactive

Play’n GO has today announced the official US release of its hit title Colt Lightning Firestorm, following a three-week period of exclusivity with Rush Street Interactive brands BetRivers and SugarHouse.

Colt Lightning Firestorm was released in Europe and other jurisdictions in May 2024, and its release in the US comes with much fanfare following the game’s rave reviews in its short exclusivity period. The game is a sequel to the wildly popular Colt Lightning game which was released early last year, and indications at this stage suggest that this sequel may prove even more successful.

This announcement sees Colt Lightning Firestorm available to players in each state and operator with whom Play’n GO is licensed. Play’n GO first entered the online casino market in the US in 2022, and has reiterated its commitment to becoming active in every regulated market around the world.

Magnus Olsson, Chief Commercial Officer at Play’n GO said: “We’re excited to unveil Colt Lightning Firestorm to the wider online casino gaming community in the US, and have been very pleased to see its strong performance during its exclusivity period with Rush Street Interactive. We had high hopes for the game following the success of its predecessor, and we’re confident that these robust results will continue now that the game is available to an even bigger audience.”

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)
Continue Reading

Uncategorized

BLAST to Bring Top-Tier Esports Events to Singapore in 2024 and 2025

Published

on

blast-to-bring-top-tier-esports-events-to-singapore-in-2024-and-2025

Esports entertainment company BLAST has announced plans to host two popular esports events in Singapore in 2024 and 2025.

BLAST will bring both world-class Counter-Strike and Dota 2 tournaments to the heart of Southeast Asia, marking a major step in Singapore’s emergence as an esports and gaming hub. Supported by the Singapore Tourism Board (STB), these high-profile events will bring the world’s best esports teams and players from all across the world to compete in Singapore.

BLAST has teamed up with AEG Presents Asia, one of the world’s largest live entertainment entities to bring these events to Singapore. The partnership forms part of BLAST’s ambition to create the best esports experiences by working closely with premier destinations and the biggest and best live entertainment partners.

More than half of global esports views (57%) are estimated to come from the Asia Pacific region, 47% more than any other region in the world with the global market valued at $1.6 billion.

By bringing the top-tier Counter-Strike and Dota 2 tournaments to Singapore, BLAST aims

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

to attract global esports talent, foster local growth, and elevate Singapore’s status as a destination for world-class esports entertainment.

James Woollard, Director of Market Development at BLAST, said: “We are incredibly excited to bring two of the biggest esports titles to this vibrant destination. Over the coming 18 months, Singapore will become a major hub for esports in Southeast Asia, and with the support of the Singapore Tourism Board, we look forward to delivering unforgettable experiences for fans while helping to build a thriving esports ecosystem in the region. Bringing the first BLAST arena event to Singapore is an exciting first step in this journey. The World Final will see the world’s best Counter-Strike players and teams fighting for a $1,000,000 total prize pool.”

Ms Ong Ling Lee, Executive Director, Sports and Wellness, Singapore Tourism Board, said, “We are excited to host the BLAST Premier World Final and the BLAST Dota Slam in Singapore. The Counter-Strike event marks the first BLAST-branded event in Southeast Asia and the inaugural Counter-Strike tournament series in the region, solidifying Singapore’s position as a world-class esports destination. We are confident that the international participants and their legions of fans will have a memorable experience in Singapore, immersing themselves in the diverse and dynamic offerings of our city.”

The World Final 2024 will take place from 30th October – 3rd November and will be the first BLAST event to take place in Singapore, followed by the BLAST Dota Slam in 2025. The World Final will be the biggest Counter-Strike event to take place in Singapore, where the world’s best eight Counter-Strike teams will compete for a massive prize pool of $1,000,000 and the chance to claim bragging rights as the best team around.

Qualified World Final teams: NAVI, Team Spirit, Team Vitality, FaZe Clan and G2 Esports.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

Fans can sign-up for the pre-sale window by registering with BLAST.tv, where they will also receive updates and information on tickets.

Continue Reading

Trending

Get it on Google Play

Fresh slot games releases by the top brands of the industry. We provide you with the latest news straight from the entertainment industries.

The platform also hosts industry-relevant webinars, and provides detailed reports, making it a one-stop resource for anyone seeking information about operators, suppliers, regulators, and professional services in the European gaming market. The portal's primary goal is to keep its extensive reader base updated on the latest happenings, trends, and developments within the gaming and gambling sector, with an emphasis on the European market while also covering pertinent global news. It's an indispensable resource for gaming professionals, operators, and enthusiasts alike.

Contact us: [email protected]

Editorial / PR Submissions: [email protected]

Copyright © 2015 - 2024 - Recent Slot Releases is part of HIPTHER Agency. Registered in Romania under Proshirt SRL, Company number: 2134306, EU VAT ID: RO21343605. Office address: Blvd. 1 Decembrie 1918 nr.5, Targu Mures, Romania