iGaming Weekly | Nov. 4, 2024

Dive in to this weeks iGaming recap, with new partnerships, new games, lots of news and more!

iGaming Weekly | Nov. 4, 2024

This week we have seen technical bugs, celebration and much more. From standout awards to record-breaking revenues regulatory progress in new markets, the industry is shows no signs of slowing. Let’s dive into this week’s edition of iGaming Weekly!

Industry Overview

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A market breakdown of the top crypto currency casinos on Ethereum, Solana, Tron and Binance Smart Chain.

Crypto Casino

  • Metawin suffered an exploit on their latest HODL feature resulting in more than $4M stolen. The issue has been resolved with users funds safe and business resuming as usual.
  • Gamdom is celebrating 8 years in operation this week! (Happy Birthday Gamdom )
  • Duelbits received the “Best Crypto Operator” award at the EGR Operator Awards this past week.

Traditional Gaming

  • Caesars has officially closed their sale of the World Series of Poker brand for $500 million to NSUS Group.
  • Macau has reported a new post-COVID record in revenue, recording $2.6 billion in October alone.
  • Ireland’s new gaming/gambling authority is set to launch later this year, with the launch happening in phases.

Decentralised Casinos

  • WINR has surpassed $35 million in total betting volume, steadily climbing up in daily wager values.

Aggregators & Providers

  • Push has significantly restructured their C-suite, adding a new COO as well as seeing co-founder Winston Lee move to co-CEO.
  • Relax is now hiring for their legal counsel, looking for individuals with a Bachelor’s degree in law and 3+ years in IT law.

Miscellaneous

  • Tether has released their Q3 earnings, coming in at $2.5 billion in profit and bringing their total 2024 revenue to $7.7 billion.
  • Magic Eden has launched a test token named TestME.
  • The total of Spot BTC ETF’s has surpassed over 938,000 bitcoin, or around 4.5% of the total circulating supply. Not bad for a first year!

New Releases

  • Pragmatic: Fangtastic Freespins, Candy Corner, Moleionaire
  • Hacksaw: Clumsy Cowboys
  • Evolution: Spin Gifts, Stock Market
  • BGaming: Dice Clash, Catdiana, Golden Pride

Upcoming Releases

  • Pragmatic: Wolf Gold Ultimate, Himalayan Wild
  • Hacksaw: Duel at Dawn, Wings of Horus
  • NoLimit: Outsourced: Slash Game, Munchies, Tanked
  • Push: Mystery of the Nile, Dragon Hopper

Did we miss something?