Gambling.com is looking to expand its North American footprint with its recent acquisition of Bonusfinder.com. The deal is worth $69 million and is another example of the land-rush of acquisitions that's currently marking the red-hot North American gaming market. Under the terms of the deal, Gambling.com will be paying NDC Media, the publisher behind Bonusfinder.com,…
Lawmakers investigating Philippine Offshore Gaming Operators (POGOs) have found clear links between the offshore gambling business and human trafficking operations. That link, and the investigation that found it, could spell major trouble for Chinese operators working out of the Philippines. POGOs, offshore gambling operations that are run in the Philippines by Chinese nationals to serve…
Regulated sports betting in New York is off to a roaring start with operators reporting a record $1.2 billion worth of wagers placed in just the first 16 days of legal play. That represents a new record for fastest US State to hit the $1 billion mark and validates predictions that New York is destined…
Lawmakers in Sweden are scrapping a plan to reimpose online casino deposit limits that were originally implemented during the early days of lockdown and the pandemic. Are governments realizing that lockdown-fueled problem gambling isn't as big a problem as originally envisioned? Or is this just another sign of pandemic fatigue? Earlier this month, regulators at…
Regulated sports betting is turning into a huge success, for Arizona operators. The state's regulated operators took in an astounding $1 billion in wagers in just their first three months of operation. That makes AZ the fastest state to hit $1 billion worth of wagers. It's more proof that America's pent-up demand to legally wager…
Standard General, a New York hedge fund, is offering $2 billion to purchase Bally's Corp. The investment outfit already owns 21 percent of the company's stock and is offering a hefty premium on the remaining shares. Shares of Bally's Corp soared on Tuesday as word of Standard General's offer made its way through the investment…
The Parliamentary All Party Betting and Gaming Group (APBGG) are calling for significant changes to the GB Commission and its oversight of gambling operators in recent draft report. Representatives of the Commission are accusing the APBGG of overreach, while other critics have questioned their financial ties to the very operators who are being regulated. At…
To the surprise of absolutely no one, regulated sports betting in New York State is off to a incredibly successful start. Over the course of the NY's first weekend of legal sports betting, operators handled $150 million in wagers from more than 650,000 accounts. The only people who won't be celebrating this watershed moment in…
DraftKings is partnering with the Tulalip Tribes of Washington to access the Washington State sports betting market. The partnership is based on the construction of a massive DraftKings-branded sportsbook at the Tribe's casino, but does not include a mobile gaming component. Under the terms of the partnership, DraftKings will be building retail sportsbook outlets at…
US Regulated sports betting has been very, very good to BetMGM. So good, in fact, that the company is raising its 2022 revenue forecast from $1 billion to $1.3 billion. And company officials are just as bullish on the prospects of 2023's revenue numbers being even better than 2022's. BetMGM, a joint venture of MGM…
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