WynnBet announced late last week that the shuttering of its regulated sports betting operations in eight of its 12 US markets. The company is also considering shutting down WynnBet in two other states due to intense market competition and sky-high marketing costs. WynnBet is only the latest big name sportsbook to go down in flames…
New Jersey has always been on the forefront of the US online gambling market and the launch of Evolution's Dual Play Roulette game from BetMGM and the Borgata Online Casino continues that tradition. Dual Play Roulette offers players a unique mix of online and in-person play that's not been deployed at an MGM property in…
Penn Entertainment CEO Jay Snowden sees a very bright future for his company's recently announced sportsbook venture with the sports broadcasting giant ESPN. During an earning call with investors earlier this week, the executive touted the deal, saying that it would ultimately capture at least 20 percent of the regulated US sports betting market. It's…
Penn Entertainment made a big move this week signing a $1.5 billion deal with ESPN and dumping its relationship with Barstool Sports entirely. It's a move that brings a major media player to the regulated US sports betting market, while sending another media player to the bench; probably forever. Penn's big move has two parts,…
Nevada's gaming industry has been on an incredible hot streak for the last couple of years. Money has been pouring into Silver State casinos at such as incredible pace that July's take of $1.25 billion is not only considered a mild disappointment, it's also a harbinger of potentially lean times ahead. The good news in…
Betr Holdings is expanding its product portfolio with the launch of Betr Picks, a daily fantasy sports (DFS) site. Betr Picks is set to launch across 24 states and will, like all Betr products, benefit greatly from its association with Youtube sensation and part owner, Jake Paul. Betr Picks is aimed at capturing the attention…
888 Holdings has named gaming industry veteran Per Widerström as their new Chief Executive. Widerström brings more than 17 years of international gaming industry experience to the position and is taking one of the UK's larges - a company that is known for massive success and few recent missteps. Widerström's most recent position was as…
Loot boxes are a feature of modern video games that allow players to win in-game prizes by blindly buying "boxes" that may or may not contain valuable prizes. While video game players love loot boxes, and their slot machine energy, critics have pointed out that they are a likely pathway to problem gambling and want…
At the Gambling.com Group Limited, the idea of "if it isn't broke, don't fix it" is something of a way of life. That might be one of the reasons the operators of Gambling.com are looking to another one-word domain, Casinos.com, into a premium online gaming site. Executives from the Gambling.com Group announced the new site…
The World Series of Poker (WSOP) set a new attendance record last week when it fielded more than 10,000 players for professional poker's biggest event at Binion's Hotel and Casino in Las Vegas. With a total of 10,043 players competing for the big prize, the 2023 WSOP shattered the previous player record of 8,773, which…
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