Business
August 24, 2019
Mobile Sports Betting set to Return in West Virginia in Days
The re-launching of mobile sports betting services in West Virginia is confirmed to take place prior to the end of August State lottery director John Myers revealed information for two sports betting apps, which are just about ready to roll-out but the dates remain unclear While concrete information remains somewhat scarce it is suggested that […]
Business
August 24, 2019
Betfair Partners Up with CONMEBOL Ahead of Brazil Prospects
Betfair strikes partnership deal with CONMEBOL Brazil is the next main market Betfair is interested in CONMEBOL will help Betfair gain more traction in South America While prospecting the Brazilian sports betting market, Betfair has signed an important partnership with the CONMEBOL in South America. Betfair Enters South Africa with CONMEBOL Partnership Betfair is now […]
Business
August 23, 2019
DraftKings Get Green Light for Iowa Market Operation
Wild Rose Entertainment commence partnership with DraftKings, allowing the latter to step in the newly regulated sports betting market in Iowa The recent start of the regulated sports betting market in Iowa already houses more than a few competitors for just over a week after the first sports bet was made on state territory CEO […]
Business
August 22, 2019
Kambi Sportsbook to Expand across Eight More States
The new deal entails a much wider presence of Kambi’s sportsbook across eight new states DraftKings pleased with the year’s results in collaboration with Kambi First six months of 2019 reveal a ~25% growth in revenue DraftKings CEO, Jason Robins, said that “Kambi has been a key partner for DraftKings, providing us with backend sportsbook […]
Business
August 22, 2019
PayPal Enforces Tougher Gambling-Related Regulation
PayPal introduces stricter polices for online payments related to casino/betting activities Only the state of Schleswig-Holstein supports online betting and casinos legally The Third Treaty on Gambling to be enforced on January 1, 2020 pending ratification PayPal announces plans to enforce stricter policies regarding any transaction associated with online gaming and betting in Germany. PayPal […]
Business
August 19, 2019
First Stock Tumble Writes Off Billions from Gaming Companies
Wednesday, August 16 marks solid downturn in stock value American casino & gaming brands lose billions Next recession probably coming, but no concerns expressed by the sector’s leaders Casino brands lose billions of market value on first recession signs in the U.S. Yet, brands remain cautiously determined in terms of investment portfolios. A Recession Hits […]
Business
August 18, 2019
Star Group Australia Loses on VIP, Posts Growth Nevertheless
The Star Group grows market in Australian market VIP vertical losses a bit of momentum Star remains committed to capital-efficient expansion The Star Group posted strong results for its Australian subsidiary, citing a growth in regular market, but weaker VIP results. Star Group’s Australia Results Remain Strong The Star Entertainment Group’s Australian subsidiary achieved an […]
Business
August 17, 2019
theScore to Settle in New Jersey
Canadian media business theScore prepares for launching its sportsbook in the state of New Jersey The New Jersey Division of Gaming Enforcement has cleared the Canadian brand to launch for a select few If results are satisfactory, the New Jersey DGE is agreed to give approval for a full-scale launch “We can’t wait to debut […]
Business
August 17, 2019
JP Morgan Says HK Protests Won’t Affect Macau GGR
JP Morgan says HK protests won’t affect Macau’s GGR Macau notches up record 25% increase in overall visitors HK protests could affect some future tourist performance in Macau With protests beating on in Hong Kong, Macau seems to retain its GGR prospects, analyst firm JP Morgan has said. Macau in the Clear Despite Brewing Hong […]
Business
August 16, 2019
Pennsylvania Releases July’s Sports Betting Results
Pennsylvania’s sports betting handle grows Mobile accounts for 2/3 of all betting activities Daily fantasy sports notch up a 50% growth Pennsylvania posted strong results in July generated by the retail and online sports betting verticals in the Keystone State. Pennsylvania’s Mobile Betting Drives Better Results Sportsbooks in Pennsylvania have posted strong results for July, […]