When the Philadelphia Eagles and Kansas City Chiefs take the field for Super Bowl LVII on Sunday, about 50 million Americans will have roughly $16 billion worth of wagers riding on the big game. That's the prediction the American Gaming Association (AGA) is making ahead of what is likely to be one of the biggest…
The days of US players making "risk-free" bets on NBA games and props are coming to a close. Last week, the professional basketball league became the latest US entity to ban operators from using the phrase "risk-free" in their official promotions, and they're not likely to be the last. The problem with "risk-free" and "free"…
Regulated sports betting has been a huge hit with US players and, as the market matures, operators are seeing new verticals gain popularity in recently opened markets. This week, Simplebet CEO Chris Bevilacqua spoke to the media about the growing appetite for micro-betting, and how that's impacted his business. Micro-betting, sometimes called live betting, allows…
The good times continue to roll for Nevada gaming operators who reported a record $14.8 billion in revenue for 2022. That's up slightly more than 10 percent over 2021's $13.4 billion haul, which set the previous record for annual gaming revenue. It's a sweet ride, but can it last? December's gaming revenue put a bow…
A recent meeting of the New York Senate Racing, Wagering, and Casino Committee turned into a gripefest by big-time operators like DraftKings and FanDuel. The operators strayed from the meeting's agenda with extended complaints about the state's sky-high 51 percent tax, and threatened to take out their feelings on consumers with threats of increased juice.…
888 CEO Itai Pazner is exiting the company in the wake of an internal probe revealed anti-money laundering (AML) and Know Your Customer (KYC) failings related to Middle Eastern VIP players. Pazner has not been accused of any personal wrongdoing in the matter, though the story is developing. Pazner's departure is the first bit of…
Executives at the Las Vegas Sands (LVS) see a potential expansion into the recently opened New York gambling market as a game-changing opportunity. LVS Chairman and CEO Rob Goldstein recently talked at some length about the company's efforts to secure a coveted New York gaming license and its plans for the site that now houses…
A recent survey conducted by the University of Houston found some Texas-sized support for regulated sports betting and casino expansions. It's another sign that residents of the Lone Star State want more regulated gambling in their lives, but that's not something the state's authoritarian leaders are interested in providing. The survey, conducted by the Hobby…
December 2022 was a really good month for operators of unlicensed gaming sites. That's the conclusion of a recent report from the UK Betting and Gaming Council (BGC), a trade group representing licensed operators. According to the study, which was conducted by Yield Sec, visits to illicit sportsbooks by UK residents more than tripled during…
The UK Gambling Commission (UKGC) is hitting In Touch Games with a massive £6.1 million ($7.5 million USD) fine for a slew of social responsibility and anti-money laundering (AML) failures. In Touch Games' huge fine not only reflects how seriously the UKGC is taking its responsibilities these days, it also reflects the fact that this…
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