Industry
July 22, 2021
Betsson Revealed All-Time High Profit in Q2 2021 Update
Swedish gambling operator Betsson AB published an interim report for the period April-June 2021, posting quarterly all-time high profit driven by its scalable business model. Growth in Revenue Continues Betsson revealed that the group’s first-quarter momentum continued, as revenue for the 3-month period ended June 30 was SEK1.752 billion ($210.2 million), an increase of 14% […]
Industry
July 22, 2021
Virginia Gives a Green Light to Permanent Casino Gaming Regulations
Casino gaming in Virginia moves a step further as the Lottery Board approves its permanent regulations proposal. Virginia Approves Permanent Casino Gaming Regulations Casino gaming in Virginia has moved a step further, asthe Virginia Lottery Board approved a permanent casino gaming regulations proposal. Initially constructed in haste, the casino regulations were approved by the Board […]
Industry
July 22, 2021
Chicago Could See Sports Betting If Local Leader Has His Way
Chicago Alderman Walter Burnett has introduced an ordinance that could possibly lift the ban on sports betting in the Windy City. It would allow the city to issue licenses and set revenue parameters, giving Illinois new streams of income. The City Council is set to vote on that ordinance and, if betting on sports becomes […]
Industry
July 22, 2021
Genius Sports Adds Kimberly Williams-Bradley as Independent Director
Genius Sports has appointed Kimberly Williams-Bradley to its Board of Directors as the company seeks to reinforce its management team and make stronger executive decisions. Williams-Bradley is stepping in as an independent director and the ninth member of the Board, with the data and sports content company citing her experience in managing finance as the reason why […]
Industry
July 21, 2021
Maine Moves Sports Betting Legalization Talks to January 2022
Almost three weeks after Maine House voted to enact legal sports betting bill, the Senate postponed the talks, leaving LD 1352 hanging for the 130th legislative session, opening on January 5, 2022. Maine Postpones Talks on Sports Betting Legalization Twenty days after the Maine House voted to enact the legal sports wagering bill LD 1352, […]
Industry
July 21, 2021
Kindred’s Efforts to Reduce Gambling Problems Pay Off
The second quarter of 2021 has resulted in 4.3% of the total revenue Kindred Group saw coming from “harmful gambling,” according to the company. The shared results are part of Kindred’s strategy to reduce problem gambling, Journey Towards Zero. Compared to the Q1 revenue in 2021, the revenue from harmful gambling has increased, but not […]
Industry
July 21, 2021
Las Vegas Slips as Clark County Orders Employees to Wear Face Masks
Nevada has new COVID-19 problems. Positive cases have been rising slightly over the past month, worrying local officials. Even as more people are being vaccinated for the coronavirus, spikes in the number of affected individuals have increased. Clark County, home to Las Vegas, is hoping to get in front of any further spread and has […]
Industry
July 21, 2021
Bestbet Expands in Florida Despite Uncertain Gaming Future in the State
Bestbet was born in St. Johns County, FL, in the 1980s, so it’s only fitting that the gaming operator would want to keep its local footprint. It has been greenlighted by the county to open a new property in the town of St. Augustine, using the former site of the St. Augustine Flea Market as […]
Industry
July 20, 2021
iGaming Revenue in Five US States Decreases in June 2021
Gambling regulators in five US states have indicated that iGaming revenue last month has decreased. While in Michigan and New Jersey, a small decrease is observed, this is not the case for Pennsylvania, West Virginia and Delaware. June 2021: Online Gambling Revenue Soars Online gambling activities have been driving the US market forward before and […]
Industry
July 20, 2021
A Bill Regulating Sports Betting in Massachusetts Takes Its First Steps
A House bill regulating the sports betting market in Massachusetts took its first steps after being introduced on July 19, and is moving forward to the committee on House Ways and Means. Massachusetts Regulatory House Bill Moves Forward On July 19, House Bill 3974, regulating sports betting in Massachusetts, was introduced to the state House and then […]