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Kendall Jenner Tends Bar at Wynn Las Vegas

If you happened into Casa Playa, Wynn Las Vegas’ Mexican food nightspot, on Wednesday night, Aug. 9, you might have recognized one of the bartenders.

Kendall Jenner, the 27-year-old daughter of Caitlyn (formerly Bruce) and Kris Jenner, was on hand to mix margaritas alongside Wynn master bartender Mariena Mercer Boarini, who offered pointers from the sidelines.

Kendall Jenner mixes tequila drinks with Wynn Las Vegas mixologist Mariena Mercer Boarini, on Aug. 9, 2023. (Image: Wynn Las Vegas)

As with every Vegas Kardashian visitation since Kendall’s older sister, Kim, celebrated her 27th birthday at Tao at the Venetian in 2006, there was of course a marketing strategy behind this one.

Jenner jetted into town, wearing a curve-hugging leather dress, to promote her 818 tequila brand. Labels of the bottle were prominently positioned in all Instagram photos posted by @wynnlasvegas that night.

Jenner took time to pay compliments to, and share a drink with, Casa Playa chef Sarah Thompson. Of course, that drink was a glass of 818 tequila. The Wynn tried to use the occasion to show off Casa Playa’s recently expanded dining area, but all eyes were on the socialite and nothing else.

Jenner poses with her strategically placed bottle at the Wynn’s Delilah Lounge & Fine Dining. (Image: Wynn Las Vegas)

Jenner changed into a sleeveless yellow dress to promote her tequila at another Wynn eatery, Delilah Lounge & Fine Dining.

Kendall’s net worth is $60 million, according to Celebrity Net Worth. On the scale of Kardashians, that places her sixth — behind Kim Kardashian ($1.8 billion), Kylie Jenner ($750 million), Kris Jenner ($230 million), and Kourtney Kardashian ($65 million), but ahead of Khloe Kardashian ($60 million) and Rob Kardashian ($10 million).

In addition to founding a tequila company, Jenner has a real job as a fashion model and a fake one as a reality TV star on Hulu’s “The Kardashians.”

Not appearing with her in Las Vegas was Jenner’s love interest since February, 29-year-old Grammy-winning Puerto Rican rapper Bad Bunny.

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NetBet Italy Signed a Deal with Inspired Entertainment Incorporated in Italy

netbet-italy-partners-with-inspired-gaming-The most popular online gambling platform in the whole of Italy, NetBet Italy (NetBet), partners

up with Inspired Entertainment Incorporated (Inspired), one of the world’s leading suppliers of content, technology, hardware, and services for the gambling industry in a range of regulated markets.

Conquering Italy

The partnership with Inspired allows NetBet Italy to stay on track and make a significant step towards becoming the number-one platform for all online gaming departments in the country. When it comes to Inspired, this partnership is greatly beneficial since it allows the company to conquer the key Italian market.

NetBet’s casino offering will be enriched with a range of thrilling games created by Inspired. The company’s ever-growing portfolio is popular among fans, especially its premium content, which will be available to NetBet players as well.

The games rapidly became popular because of their captivating gameplay and modern and unique features that add to the excitement. Among the games included in the offering are popular releases such as Big Fishing Fortune, Gold Cash Free Spins, and Reel LinKing.

Games produced by Inspired Entertainment Incorporated are innovative and modern, with detailed game development and carefully crafted graphics. The whole iGaming experience is even more improved by adding features that can lead the players to fantastic prizes.

Great news for everyone

This addition to the already wide range of NetBet’s games is one of the best things that could happen to Italian players – and everyone is happy about it. The whole gaming experience will be customized and tailored to meet the expectations of the market while maintaining the games to the highest quality.

Claudia Georgevici, a Public Relations Manager for NetBet Italy, said: “We are thrilled to join forces with Inspired Entertainment Incorporated and expand our online casino portfolio with its exceptional games. Our partnership with Inspired Entertainment Incorporated aligns perfectly with our commitment to offering our players an exceptional gaming experience that is both immersive and rewarding. We are confident that the addition of these popular games will further enrich our players’ online casino journey.”

Claire Osborne, the Interactive Vice-President for Inspired Entertainment Incorporated, added: “Italy is a growing market with a breadth of opportunities for Inspired Entertainment Incorporated, and this partnership marks a great move into further penetrating our presence in Italy. We are committed to providing a thriving portfolio of high-quality and graphic-rich content to NetBet Italy’s players and look forward to building a successful partnership with it over the coming months and years ahead.”

When combined, the experience and creativity of the two companies for sure make them ideal partners for conquering the Italian market.

Source: “NetBet Italy Partners with Inspired Entertainment Incorporated”. European Gaming. August 7, 2023.

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No More Lending Money to Self-Excluded Gamblers in Ukraine, Future of KRAIL Uncertain

ukraine-to-ban-money-lending-to-self-excluded-gamblersIn the middle of an international crisis, Ukraine is trying to improve its gambling regulations and maintain the market secure and safe. New changes have been proposed by the government, and if they’re accepted, banks won’t be able to lend money to self-excluded customers.

The Committee of the Verkhovna Rada on Finance, Tax, and Customs Policy proposed an amendment that will ensure banks are double checking if the individuals who are requesting lends aren’t self-excluded from betting, including both online gambling and various land-based casinos in the country. Those not on the list of self-excluded gamblers won’t be able to get credit from the bank. The amendment has not been approved yet.

Growing Rate

The Ukrainian Commission for the Regulation of Gambling and Lotteries (KRAIL) a few months ago announced that the number of self-excluded players is increasing, and that was concerning to all included parties in Ukraine.

From January to April this year, 245 people made it to this list. Compared to last year, when the entire list consisted of 315 people, and 2021 when there were only 195 people total, the number of 687 by the end of April was a massive increase.

This isn’t the first change of the gambling law in Ukraine in the recent period. Only last month, the new law regarding procedures required for organizations subjected to anti-money laundering and counter-terrorist financing risk was approved, and Ukrainian operators will have to pass more detailed inspections. Operators are warned about unscheduled inspections as well. The government’s action plan for 2023 included new KRAIL proposals, including a whole set of new regulations related to canceling and suspending licenses. One of the main points of discussion was whether the operators who are offering their services in occupied territories should continue working.

Future of KRAIL up in the air

KRAIL keeps working on new regulations, but its future is also uncertain. Mykhailo Fedorov, the Deputy Prime Minister of Ukraine, in May, submitted a proposal that can make KRAIL be replaced by the new regulatory body. Besides being a Deputy Prime Minister, Fedorov is also a Minister for Digital Transformation, and his main concern about the body is its failure when it comes to the late issuing of gambling licenses to operators.

KRAIL currently consists of a chairman and six members, and for a license to be approved, five members must be present at a meeting. When the war began, Volodymyr Zelenskyy, a President, signed the major decree “On the introduction of martial law in Ukraine”, which led to some KRAIL members being mobilized into military service, which prevented KRAIL meetings from happening.

Source: “Ukraine Gambling Regulations Self Exclusion”. iGaming Business. August 7, 2023.

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Booming Games Updates Office Space; Moves From Enn Glad To Quad In Mriehel

Booming Games, a developer of online real money gambling games, has revealed that it has moved its Maltese office from Enn Glad, Msida, to the Quad in Mriehel, resulting in the company boosting its presence in a prime and prestigious location, in one strategic move.

Office Upgrade

Having experienced tremendous growth in its operations in Malta, meaning it was able to recruit highly trained professionals, the company needed an updated office space that was necessary to keep pace with the developer’s accomplishments and future goals. Furthermore, when deciding on a location for an upgraded office, an office in the Quad was a suitable solution as it is nicely furnished and provides a number of benefits that involve a gym, restaurants, childcare facilities, and shops among many others. However, that’s not all; because the office space is truly the best with a huge commercial area of 44,000 square meters and more than 7,000 square meters of open space.

Commenting on the new office, Max Niehusen, Chief Executive Officer of Booming Games, said: “I couldn’t be more elated about our recent move to the Quad office, a true embodiment of our success story. Choosing the Quad as our new office location was a natural choice as it aligns perfectly with the vision we have for our future. And for us, it’s more than just an office. It’s a symbol of our relentless pursuit of excellence and our commitment to providing an exceptional work environment for our incredible team.”

In this regard, Frederik Niehusen, the Chief Commercial Officer at Booming, added: “I am thrilled with our move to the Quad office; a dynamic location that perfectly aligns with our commercial aspirations. Its sophisticated design and top-notch amenities, including excellent restaurants, elevate our client meetings, fostering stronger connections, fueling creativity, and propelling our commercial success to greater heights.”

About

The company started operations in 2014 and is now located in Malta. More importantly, it operates under a license issued by the Malta Gaming Authority. In addition, the company also has certificates from other official regulatory bodies such as Agenzia Dogane Monopoli, Spillemyndigheden, and Alderney Gambling Control Commission. Its main focus is on producing high-end games, and so far they’ve been quite successful at that, despite the fact that titles are released in very quick succession. Still, none of their products feel rushed, and their portfolio is massive and consists of a huge variety of different game types.

Games created by the developer are regularly checked by official regulatory bodies such as Spel Inspektionen and Quinel Limited. 

Source: “Booming Games Levels Up: Maltese Office Now Located at the Prestigious Quad In Mriehel”, European Gaming, August 1, 2023

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Lottomatica Q2 Revenue Soars 20.7%, Strong Online Growth!

Lottomatica, an Italian B2B brand known, has announced the results of its income for Q1 this year.

Judging by the numbers, the company has successfully finished this part of the year, and now it has presented all the details related to Q2!

Achieving an Impressive Number!

lottomatica_reports_e820_0m_revenue_for_h1_2023_According to the company’s report, the operator revealed a first-half 2023 income of €820.0 million, marking a 20.3% increase compared to the previous year. The strong Q2 performance prompted the operator to raise its full-year 2023 projections.

The second quarter generated proceeds of €397.8 million, showing a 20.7% increase compared to the previous year. However, this figure was lower than Lottomatica’s record earnings of €422.2 million achieved in the first quarter.

However, Lottomatica has revised its gain outlook for 2023, hoping that the range will reach between €1.63 billion and €1.69 billion, which is an upward adjustment from the earlier prediction of €1.57 billion to €1.67 billion.

The revised prognosis for adjusted profits before interest, tax, depreciation, and amortization (EBITDA) now stands in the range of €570 million to €590 million, marking an accumulation from the prior recommendation of €550 million to €570 million.

What About Q2?

The second quarter revenue was primarily composed of gaming brand earnings, totaling €180.5 million. Online income for the quarter amounted to €122.7 million, while income from sports branding reached €94.4 million.

A cumulative sum of €7.2 million was wagered during the second quarter, with a significant amount of €3.8 million arising from online sources.

“The key driver is clearly online,” said Guglielmo Angelozzi, CEO of Lottomatica.

This expert added that the additional growth was accomplished thanks to the “omnichannel approach, which is coupled with continuous product expansion and technological developments.”

Significant Growth in H1!

Moving forward, the company also presented the results of its growth for the first half of the year. A big chunk of the total earnings in H1 came from Lottomatica’s gaming activities, raking in €368.2 million over six months. Great!

However, the online part also played a big role! It reached €246.9 million, while the sports section contributed the rest, totaling €204.8 million!

Tweaked EBITDA for the first half reached a robust €299.0 million, showing a strong 28.3% increase. Once we tallied depreciation and amortization outlay at €49.0 million, our fine-tuned pre-tax earnings stood at a satisfying €250.0 million.

Blending financial outlays and income tax charges, the sum totaled €131.0 million. Consequently, the fine-tuned net profit for the period settled at a remarkable €118.0 million. Incorporating additional costs, refinements from IPO, and refinancing, along with depreciation linked to purchase price allocation, our profit for the period amounted to €19.0 million. However, with taxes accounting for €26.0 million, the ultimate net profit came in at a commendable €45.0 million.

All in all, the figures presented by the company show a significant number for the brand, which will certainly enjoy success at the end of the year. Until then, play safe!

Source: ”Lottomatica increases FY guidance increase after strong Q2”. iGaming Business. July 31, 2023.

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