Flutter Entertainment is seeing its revenue soar as a result FanDuel's incredible run through the red hot regulated US sports betting market. Q1 2023 revenue clocked in this week at an astonishing 54 percent ahead of Q1 2022, and things look to only get better as Americans trip over themselves to deposit their at FanDuel.…
The race to win one of New York State's coveted (and as yet, un-awarded) casino licenses heated up this week as officials from the Las Vegas Sands signed a 99-year lease deal for a proposed casino site at the Nassau Hub. Located in a high-income slice of Long Island, the deal is a big gamble…
After more than two years of delays, the British government has finally released its Gambling Act review and the Betting and Gaming Council (BGC) is reacting positively to its release. The BGC posted its response to the white paper, and its proposed reforms in a recent posting from BGC CEO Michael Dugher. Dugher's recations to…
Yahoo is acquiring the peer-to-peer (P2P) betting app Wagr for an undisclosed sum of money. The deal could make social betting accessible to Yahoo, and more specifically Yahoo Sports', massive audience. But Yahoo's track record with acquisitions of this sort suggests that adding sports betting to its product line-up may not necessarily be a slam…
The casinos of Atlantic City have survived plenty of challenges to their existence over the past 46 since New Jersey became the second US State to offer regulated gambling. Those challenges include hurricanes, economic downturns, and the massive incompetence of Donald Trump. While they've survived plenty, Hard Rock International Chairman Jim Allen is concerned tha…
The top US sports leagues have formed a new group called the Coalition for Responsible Sports Betting Advertising to help shore up responsible gambling efforts and self-regulated advertising practices. Membership in the group is voluntary, but it doesn't take a Goldman-Sacs analyst to tell you that this group is an attempt to self-regulate gambling advertising…
Caesars Entertainment is relaunching its iconic Tropicana brand as an online casino for the massive New Jersey online gaming market. The new online Tropicana will be fully integrated into Caesars Entertainment's rewards program and will also feature a full suite of online casino games. Visitors to the Tropicana online will find plenty of table games…
After just one year of regulated online play, the Ontario has emerged as one of the top five North American gaming markets. According to a recent report from Ontario iGaming, operators have taken $36.5 billion ($27.1 billion USD) worth of wagers over the past year. That stacks up to $1.4 billion ($1 billion USD) in…
This Christmas, sports bettors in Ohio could find a $50 DraftKings gift card tucked away in that annual card from grandma. That bit of holiday cheer will come courtesy of Ohio Casino Control Commission (OCCC) Executive Director Matt Schuler, who approved the sale of gift cards for sports betting deposits earlier this week. The decision…
Colorado's sports betting operators are experiencing the full highs and lows of an extremely cyclical market. According to numbers released recently by the Colorado Department of Revenue, February's sports betting revenue was down significantly compared with last month and last year. But with red-hot professional basketball and hockey teams headed for post-season play, those same…
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