Sports betting technology provider CG Technology (CGT) has been fined for the third time by Nevada regulators after reporting more flaws in its software.

Last week, the Nevada Gaming Control Board (GCB) published a document detailing a settlement that will see CGT pay $250k for a variety of infractions, including allowing individuals from outside Nevada to place sports betting wagers in violation of both state and federal law.

The out-of-state wagers were placed between 2016 and 2017 and were self-reported to the regulator by the company. At the time, CGT claimed it would adjust its software to prevent further occurrences but “failed to properly deploy” those tweaks to its mobile betting app’s geolocation functionality.

CGT’s software also accepted hundreds of wagers at the exact moment that its betting odds were being adjusted, leading to some players receiving winnings that were greater than expected while others received less than expected. Even more worrisome, the software accepted multiple bets on games and events that had already concluded.

Online gambling heavyweight The Stars Group (TSG) reported across the board double-digit gains in the second quarter of 2018 thanks to contributions from its recent Australian acquisitions.

On Monday, the Toronto-based TSG reported revenue rising nearly 35% to US$411.5m in the three months ending June 30, although organic growth was a more modest 15%. Adjusted earnings were up 14.8% to $168.3m but operating income tumbled 99% to just $1m as operating expenses spiked following TSG’s acquisition frenzy.

TSG’s Australian business – consisting of the former CrownBet and William Hill Australia operations, now functioning under the BetEasy umbrella – reported online betting revenue of $61.3m, gross profit of $46.8m and adjusted earnings of $13.5m, although the division reported an actual operating loss of $6.5m.

TSG’s international business reported revenue of $350.2m, of which poker accounted for $217m. International revenue was up 6.9% year-on-year, although the gain was only 3.8% in constant currency terms.

The parent company of online poker giant PokerStars is heading to Pennsylvania more than a week after deciding to jump into the U.S. regulated sports betting market fray.

On Friday, The Stars Group (TSG) announced that it’s partnering with casino operator Mt. Airy to offer an array of online gambling games, including sports betting and poker, in the state of Pennsylvania. Mt. Airy was one of the nine casinos that sought the state’s first interactive gaming licenses.

TSG, which is licensed to operate in 19 countries, owns a range of online gaming brands, including PokerStars, PokerStars Casino, BetStars, Full Tilt, Sky Bet, Sky Vegas, Sky Casino, Sky Bingo, and Sky Poker.

In a statement, TSG said the company will launch its popular online brands with Mount Airy Casino Resort once the Pennsylvania Gaming Control Board issues them with an operating license.

The state of Maryland has hit the jackpot after booking a record $1.25 billion revenue from the combined lottery ticket sales and contributions from its six casinos during the full fiscal year 2018.

On Friday, Maryland Lottery and Gaming announced that state lottery surpassed the $2 billion mark in sales for the first time in FY 2018 and set a new profit record of $575.6 million.

The state reportedly paid players a new all-time record of $1.247 billion in prizes in FY 2018 after its lottery sales rose 4.2 percent to a record $2.043 billion.This means that the state Lottery shelled out an average of more than $3.4 million a day in prizes during FY2018.

Sales of instant tickets rose 11 percent to an all-time record of $750.9 million in FY 2018 from the previous high of $676.8 million set in FY2017. This is the fourth consecutive year that instant sales posted a double-digit increase, according to Maryland Lottery.

Net profit of Philippine-listed casino operator Travellers International Hotel Group Inc. (TIHGI) jumped three-fold in the first six months of 2018 as visitors returned to Resorts World Manila (RWM) more than a year after the grisly arson attack in the gambling establishment.

In a disclosure to the Philippine Stock Exchange, TIHGI announced that its net profit totaled PHP1.69 billion (US$31.7 million) in the first half of 2018, higher than the PHP373 million ($6.99 million) it posted in the prior-year period.

However, TIGHI reported that its gross revenue slipped 1.5 percent to PHP11.05 billion ($207.2 million) in the January to June 2018 period from PHP11.22 billion in the same period last year due to the closure of its second floor gaming area.

It would be recalled that TIGHI moved RWM’s gaming area to the ground and third floors as part of an overhaul of its security operations. The second floor of the facility, which was set on fire by a man named Jesse Javier Carlos when he barged inside the RWM premises in June 2017, would be used for other non-gaming purposes.

It took 16 and a half hours on Day 2 for the PokerStars Asian Pacific Poker Tour (APPT) to find a winner for its PHP200,000 High Roller tournament. Hon Cheong Lee out of Hong Kong was awarded the victory after a decision to chop the pot with his showdown opponent, India’s Sahil Agarwal.

A total of 124 entries set a new record for an APPT tournament. The previous record, for the APPT Korea, attracted just 82. The turnout made the PokerStars APPT tourney the largest high roller tournament of the season and the largest in the history of the APPT Manila. The largest turnout for an APPT Manila event was in 2016, when 58 players showed up before China’s Yan Li was crowned champion with $74,889.

Li was back at the table this year and made it close to the final table before busting out in eleventh place with only $8,533. She barely outlasted Taiwan’s Kitty Kuo, who left in twelfth place with $7,479. Kuo has racked up almost $2 million in live-tournament action and most recently took second place at the $10,000 NLHE WPT Bobby Baldwin Classic for $248,380.

Out of the 124 players, 38 made it to Day 2. When registration for the event closed, 37 players remained. Out of these, 17 would ultimately finish in the money. Thomas Floan would be the first to receive a cash payout when he was eliminated in seventeenth place, and it didn’t take long for others to follow.

Ivan Leow made it to the final table of the Triton Poker $50,000 High Roller (HR) tournament in Sochi but fell before reaching the money. He didn’t let the defeat get him down and slid over to the $100,000 Super High Roller (SHR) tournament, emerging triumphant.

Leow, who hails from Malaysia, overcame several big names, including Paul Phua, who finished fifth in the HR tournament, Phil Ivey and Manig Loeser. As the final table was set for the HR tournament, Leow was the chip leader – a fact that didn’t help him survive the game. This time, he held the chip lead as he met his heads-up opponent, Germany’s Abraham Passet, and he made sure to capitalize on it.

In the final hand, Passet flopped two pairs. After the turn, Passet decided to shove and Leow, with pocket Aces and a straight draw, responded. When the river card was turned over, a 10 rewarded Leow with two pair to take down his opponent and win $1.134 million. Passet was given a consolation prize of $740,880.

This was the fifth time that Leow has won a prize of $1 million or more at the Triton Poker Series, a tournament that has received a lot of attention among the world’s elite poker players. Besides Leow, high-stakes players such as Ivey, Tom Dwan and Patrik Antonius are routinely seen at Triton events because they feel that the overall environment of the games is better.

What better fit for a shuttered casino than to have it become part of a university? New Jersey’s Stockton University had its eyes set on the site of the former Atlantic Club Casino Hotel and the deal has now been approved by the public university’s board of trustees. However, the school won’t be looking for croupiers or beginning to offer gambling courses – it will more than likely build law and medical schools on the 20-acre property.

The NJ.com website reported on the board’s approval last Thursday. The property is now owned by TJM Properties Inc., a property development company out of Florida and has eleven acres of beachfront real estate. It has been sitting empty since 2014 when Caesars Entertainment purchased the Atlantic Club.

TJM paid about $13.5 million for the real estate about four months after it shut down. It had initially planned to offer a water park and family entertainment center, but never got the idea off the ground.

The board unanimously approved the deal, contingent on TJM demolishing the building where the resort once stood. TJM will leave intact an adjacent nine-story parking garage, which the university has said it will use for residential and academic facilities.

The Kindred Group has submitted a formal request for a gaming license with Sweden’s gambling authority. It wants to offer online betting and gaming services in the country and, if approved, could further enhance its gaming commitment to Sweden.

Kindred published a press release about the license request in which the company’s CEO, Henrik Tjärnström said, “It is very satisfying that we finally can take this important step towards fair and equal terms within the Swedish market, competing on the same level as other operators. Kindred has always applied great effort to understanding what our customers want, giving them a great experience in a safe and secure environment with the highest responsible gambling standards.

“What is even more pleasing is that we can extend our commitment to Swedish society through different sponsorships and partnerships. Already in the days following the Parliament’s ruling in June, we have demonstrated our ambition by signing a twelve-year sponsorship deal with the Swedish Elite Football Association.”

If the license is granted, Malta-headquartered Kindred could add Sweden to its growing list of markets. It already holds licenses for the UK, Romania, Malta, Ireland, Italy, Germany, Gibraltar, Denmark, Estonia, France, Belgium and Australia.

Now that the Japanese government has signed off on gambling, at least one governor is getting anxious for the country to start the casino licensing process. Osaka’s governor, Ichiro Matsui, wants the central government to speed up the process for the first round of casino resorts and allow those communities selected for the resorts to be designated “planned certification areas.”

In a report last Thursday in Asia Gaming Brief, the governor indicated that the new label would be a huge step forward for the municipalities that are vying to be one of the three designated resort areas. He said that it would help make the selection process quicker and give them an opportunity to select a preferred operating partner before a final bid is submitted to the government.

He further indicated that he believes the area designation should be distributed to those locations that have already indicated that they are interested in a resort, before the three final winners are named.

Osaka hopes to win one of the licenses; if it does, it has already said that it would like to build an integrated resort on Yumeshima Island by 2024. Matsui pointed out that the city, which has just under nine million residents, wants to select an operating partner by the end of this year and the designation would help it week out those operators who are not truly serious about the endeavor.

Qatar’s economy is expected to grow to $139,151 per person, on average, from now until 2020. It has a serious abundance of natural resources and has been smart with the income it has received. It has reinvested the profits and diversified its economy to become the world’s wealthiest spot. However, that could change soon, as the gambling mecca of Macau is catching up.

According to the International Monetary Fund (IMF), Macau’s gross domestic product has already more than tripled from the $34,500 average per person seen in 2001. However, it isn’t done growing yet and is expected to reach $143,116 per person by 2020, making it the new world leader.

This trend is expected to continue beyond 2020. The IMF predicts that, by 2023, the gross domestic product (GDP) per capita could reach as much as $172,681.

The wealth of the Asian version of Las Vegas is being driven by gambling. Gross gambling revenue reached $33 billion last year for a 19.2% increase over the previous year’s figures. This year is expected to be even better.