Industry
March 13, 2023
Unemployment for Nevada in January Highest Out of Any State
The global COVID-19 pandemic impacted significantly the gaming and hospitality sector a few years ago, resulting in temporary closures and unemployment. Since the start of the pandemic, to date, much has changed in Nevada. Despite the heavy hit for the gaming and hospitality industry, the sector has been on the path to recovery, resulting in […]
Industry
March 10, 2023
NeoGames’ Pariplay to Launch Content with DraftKings in New Jersey
Provider of iLottery and iGaming solutions NeoGames SA announced today that its subsidiary, Pariplay, signed an agreement with DraftKings to launch content in New Jersey. Starting in New Jersey The new content deal with DraftKings will allow Pariplay to make its mark in the growing North American online casino market, starting in New Jersey and […]
Industry
March 10, 2023
Germany’s Strict Gambling Regulations Have an Adverse Effect, DSWV Says
Germany continues to be plagued by illegal gambling operators, resulting in lower revenues from the licensed gaming verticals. This is a serious problem that the European country has been struggling for a while with. According to the German Sports Betting Association (Deutsche Sportwettenverband/DSWV), legal sports betting declined in 2022 in spite of the FIFA World […]
Industry
March 10, 2023
Genius Sports Revealed Impressive Full-Year 2022 Performance
Data, technology and broadcast company Genius Sports released today its fourth quarter and full year 2022 financial report, posting an impressive increase in revenue and a significant drop in the group’s net loss. Quarterly and Full-Year Revenue Genius Sports generated $105.34 million in revenue in the fourth quarter and $341.03 million in the full year […]
Industry
March 10, 2023
Veikkaus Revenues Stagnate as the Agency’s Future Remains Uncertain
Veikkaus Oy’s 2022 profits remained roughly in line with last year. Fennica Gaming, the group’s first subsidiary, showed promising results and should soon significantly contribute to the group’s market presence. Despite optimistic remarks from board members, rising political pressures may soon disrupt Veikkaus’ undisputed reign over the Swedish market. Financials Remained Stable across the Board […]
Industry
March 10, 2023
BGC Says Tighter Restrictions May Push Gamblers to Unregulated Sites
The Betting and Gaming Council (BGC), the single industry body of the gaming and betting industry in the UK, released data from a new study that probed what may be the possible outcome of tight restrictions for the gambling market in the country. The study, organized by YouGov for the BGC, uncovered that 79% of […]
Industry
March 10, 2023
“Take Time to Think” Fails to Impact Players, Study Says
Recent research has highlighted that Take Time to Think, a safer gambling initiative by the Betting and Gaming Council (BGC), might not be very effective. The results show that the campaign and its slogan barely affect players’ behavior, if at all. The inefficiency of the Take Time to Think system was demonstrated by experts at […]
Industry
March 9, 2023
Jacobs Entertainment Revealed Flagship J Resort in Nevada
Colorado-based gaming and hospitality operator Jacobs Entertainment, Inc. revealed this week the new name of the former Sands Regency in Reno, Nevada, rebranding it to J Resort. Raising the Bar Almost six years after Jacobs Entertainment had acquired Sand Regency Casino Hotel and some additional land on Fourth Street in a deal worth around $10 […]
Industry
March 9, 2023
Belgium to Impose Further Restrictions on Gambling Ads
Belgium is cracking down on gambling ads as the country seeks to prevent the normalization and trivialization of gaming and betting. The decision, signed by King Philippe himself, comes amid what Belgian people call a “tsunami of advertising.” Under the Royal Decree signed by the Belgian king, gambling ads will be dramatically restricted starting July […]
Industry
March 9, 2023
Buzz Bingo to Shutter 9 Bingo Halls to Cope with Mounting Costs
According to the Manchester Evening News, the company plans to wind down 10% of its retail capacity, or nine out of its 91 clubs across the United Kingdom. The property earmarked for closure in Manchester is Belle Vue, with the company explaining that COVID-19 lockdowns have suppressed business in places, and the ongoing group operations […]
