Caesars Entertainment's recent purchase of the UK operator William Hill came with some extra baggage that's just not needed when your goal is dominating the US market. That excess baggage comes in the form of 1,400 retail betting shops scattered throughout the UK, and it's set to be auctioned to the highest bidder in the…
Regulated sports betting in the United States has been an unmitigated success as decades of pent-up demand is unleashed during every big US sporting event. The NCAA basketball tournament (AKA "March Madness") was a perfect example of how those big events drive big handles, and big revenue numbers. Just take a look at what happened…
MGM Resorts has spent much of 2020 and 2021 in the same tenuous position as every gambling operator with a large portfolio of land-based casinos. That position, unfortunately, was challenging on a good day and horrific in its darkest hours. That position also resulted in their recent announcement that they're down $246.7 million from Q1…
London Mayor Sadiq Khan wants to ban all forms of gambling advertisements across his city's fabled London Underground. It's a move that makes a major point about the proliferation of gambling media in daily life, but it's also a move that could cost the city millions of pounds in badly needed revenue. Either way, it's…
The Swedish Gambling Authority (SGA) is slapping online gambling operator LeoVegas with a 2 million SK ($250,000 USD) fine and a warning for alleged lapses on compliance issues. Company officials say the SGA hasn't got its facts straight and plan on appealing the decision in a Swedish court. No matter what the outcome, the case…
Caesars Entertainment recently announced a massive plan to upgrade all three of its Atlantic City properties to the tune of $400 million by 2023. It's an ambitious project aimed at not only bringing the AC properties up to contemporary standards, but to make the seaside resort competitive with its desert rival, Las Vegas. One of…
Regulated sports betting is coming to the state of Florida after Governor Ron DeSantis signed a deal with the Seminole Indian Tribe that ushers in a major expansion of gaming throughout the state. It's a deal that will also put a minimum of $500 million a year in state coffers for the next 30 years.…
Caesars Entertainment has completed its blockbuster William Hill acquisition after months of negotiations and legal wrangling. The $3.7 billion (USD) deal will see Caesars taking over William Hill's sports betting operations in the United States and puts the company in a position to dominate the rapidly growing regulated US sports betting market. The deal was…
Over the course of the pandemic, few segments of the gambling industry have been hit harder than retail betting shops and land-based casinos. During the complete shutdown they weren't able to host any players and are operating at a very limited capacity when they are allowed to open their doors. But that's all about to…
Unregulated gambling devices are a threat both to consumers and critical state tax revenues. That's the main takeaway from a recent report by the American Gaming Association (AGA) titled, Skilled at Deception: How Unregulated Gaming Machines Endanger Consumers and Dilute Investments in Local Economies. Though the title is a mouthful, the white paper is blunt…
News in the iGaming and Sports Betting affiliate world moves fast.
Don't miss a beat! Subscribe to the CAP newsletter now.
