Industry News and Headlines
Industry
January 31, 2022
Entain Launches Ennovate to Create Metaverse, Interactive Sports, and VR Experiences
When Entain rebranded from GVC Holdings, it did so while adopting a new slogan, “For the good of entertainment.” The global sports betting and gaming company is now looking to expand in developing new experiences that would allow it to deliver on this mantra. As a result, Entain has revealed the launch of Ennovate, an […]
Industry
January 28, 2022
Low6 Plans US Expansion after Completing $5M Funding Round
Sports gaming technology leader Low6 announced Friday that it successfully completed its latest funding round, just ahead of a planned Initial Public Offering (IPO). Just before IPO, Low6 Completes a Funding Round Based in Birmingham, UK, Low6 completed its latest round of funding, raising $5 million. The announcement comes just in time with a planned […]
Industry
January 28, 2022
Genius Sports Expects Significant Growth in 2022, 2023
Genius Sports, the sports data and technology company, revealed that it expects to grow this year and in 2023. Genius Predicts It Will Continue to Grow This Year and in 2023 Hosting its first virtual Investor Day, Genius revealed key expectations regarding the future of the company and its current financial position. During the event, […]
Industry
January 28, 2022
Problem Gambling Impacts Family Relationships in Macau
Problem gambling is a delicate matter anywhere you go. While the stigma associated with this behavior has mostly dissipated, owing to clinical trials that prove it is a serious medical condition, numerous studies have found it necessary to reiterate the societal impact the higher prevalence of problem gambling plays – not least to help alleviate […]
Industry
January 28, 2022
Integrated Resort Initiative in Wakayama Proceeds as Referendum Rejected
It’s likely a battle that isn’t over, but Japan’s Wakayama city council has drawn the line in the sand. It has voted against allowing a referendum to decide whether or not the city and prefecture should pursue plans for an integrated resort (IR). According to GGRAsia’s Japan correspondent, the referendum bid, which was made as […]
Industry
January 28, 2022
Nevada Gaming Revenue Report Shows The Silver State Had a Great 2021
After a horrible 2020, casinos in Nevada were able to recover some ground last year. There is still more work to be done before it can claim they’ve made a full recovery, but the state’s casino industry should be pleased with the 2021 results. According to a Nevada Gaming Control Board (NGCB) report, Nevada casinos […]
Industry
January 28, 2022
State Bill to Block Richmond Re-Vote on Casino Referendum Approved
A bill that would allow the Virginia city of Petersburg to hold a referendum on a casino and prevent Richmond from conducting one for five more years was unanimously supported by a Virginia Senate Subcommittee. Five Democrats and four Republicans made up the chamber’s gaming subcommittee agreed to send state senator Joe Morrissey’s legislation to […]
Industry
January 28, 2022
Sweden Rejects Return of Gaming Spending Cap, But New Regs Coming
The Swedish government announced earlier this month that it was considering bringing back several temporary measures to the gambling industry. Among these was a deposit limit, which was in place in 2020 and 2021 during the COVID-19 pandemic. However, the government opted to scrap the plan. Players and operators are thrilled with the decision. Sweden […]
Industry
January 28, 2022
NCPG Launches Agility Grants to Fund Gambling Prevention Organizations
The US National Council on Problem Gambling has unveiled a new Agility Grant program that will support non-profit organizations in the fight against gambling harm. The NCPG Launches an Agility Grants Program The new program is sponsored by the National Football League Foundation and will see the council offer financial help to several gambling consultancies […]
Industry
January 27, 2022
Entain Identifies Middle-Aged Video Gamer Dads as Future Bettors
An Entain study of changing behaviors of consumers in the UK covering 16,000 people revealed gaming and technology are well accepted not only by young people, but midlife dads are among the most enthusiastic gamers. Video Gamer Dads Are Potential Bettors The study also found out mid-aged dads are big social media users, watch esports […]