The 2023 college football season saw plenty of winners and losers; both on the field and in the marketplace. Between the hype of upstart teams like the University of Colorado Buffaloes and a surging interest in new sports betting products, there was plenty of hype for everyone. One major beneficiary of college football's big year…
The governing bodies British, Irish and Japanese horse racing industries are forming an alliance called the Joint Cooperation Committee, aimed at addressing their shared challenges in the age of online gambling. Included in the group are the British Horseracing Authority (BHA), Horse Racing Ireland, and the Japan Racing Association (JRA). Horse racing across the globe…
BetMGM and the National Hockey League (NHL) are extending their gaming partnership in a multi-year deal that was announced this week. The deal includes plenty of screen time for BetMGM on NHL broadcasts, league-branded casinos, and an educational element focusing on issues related to problem gambling. When gaming operators team up with professional sports leagues,…
Locker, a privately funded daily fantasy sports (DFS) startup, is pushing the frontier of DFS play into new territory with a new free-to-play app. The company's DFS model combines elements of prediction, with elements of the popular trivia game HQ trivia. It's a bold move for market share that could attract the attention of gaming…
The NCAA is teaming up with the Signify Group to create an AI-driven service that monitors online threats to student athletes. It's an issue that's grown in severity since the onset of regulated sports betting in the United States and, according to the NCAA, it's an issue that's having a big impact on the lives…
Daily Fantasy Sports (DFS) operators like DraftKings and FanDuel are pushing the limits of their market space with new products meant to mirror the experience of standard sports betting. With the recent launch of their new Pick6 peer-to-peer DFS product, DraftKings is expanding the scope of what fantasy sports looks like in America. Pick6 is…
DraftKings CEO Jason Robbins is looking to disrupt US sports betting markets in a big way with the upcoming launch of a progressive parlay product. Speaking at the Annual Craig Hallum Online Gaming Conference 2023 Robbins said the groundbreaking product is "just weeks away" from its launch. As described, the progressive parlay allows players to…
The Las Vegas Grand Prix was a smashing success for Sin City with at least one hotel chain reporting its highest-grossing ever during the event. Though specific numbers were not made available, MGM Resorts’ Chief Financial Officer Jonathan Halkyard told investors recently that, “It was the highest-grossing weekend for us, in hotel revenue, in the…
Nevada gaming posted its best October revenue this year with an astounding $1.32 billion haul from the state's legion of casinos and sportsbooks. While the gaming industry benefited from a slew of events on the fabled Vegas Strip, casinos across the state had an extremely good month no matter where they were located. The official…
The Kindred Group is exiting the North American gaming market as part of a broad effort to restructure the company and focus on its core, revenue-producing operations. It's a move that includes at least 300 layoffs of North American-facing employees, but will save tens of millions of dollars over the long run. Kindred's departure from…
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