Industry News and Headlines
Industry
June 25, 2021
Australia’s Gaming Industry Likely to Undergo Monumental Changes
If any good is coming out of the debacle surrounding Crown Resorts in Australia, it’s that the country’s gaming regulations are likely to be tweaked. Fitch Ratings has weighed in on what is happening in Australia with Crown and Star Entertainment, as well as the gaming industry, in general, and believes that the screws are […]
Industry
June 24, 2021
Canada Gambling Markets Estimated to Reach $4.6bn by 2030
Canada legalized single-game sports wagering Tuesday after passing the Safe and Regulated Sports Betting Act, opening up a huge market for sports betting operators, and stirring speculation which operator is positioned to capitalize and with how much. Opening Huge Business Potential Having signed into law Bill C-218 to legalize single-event sports betting, the legislation is […]
Industry
June 24, 2021
Flutter UK and Ireland Chief Officers Became Retailers
Flutter’s chief officers: Chairman Ian Proctor and CEO Conor Grant, showed support to their retail colleagues and stood behind the counter for a day. Flutter’s Top Officers in UK and Ire Were Retailers for a Day Flutter Entertainment’s top-ranking UK and IRE officers, Chairman Ian Proctor and CEO, Conor Grant supported their retail colleagues during […]
Industry
June 24, 2021
Nevada Unemployment Drops as Casinos Recover, but Still at Unhealthy Level
Nevada is now open for business, with COVID-19 restrictions lifted and casino and hospitality businesses dusting off the furniture. Across the state, things are slowly returning to normal as everyone exits the pandemic chaos, but a number of Nevada’s casinos are still closed. Some are waiting for the right time to reopen; others will never […]
Industry
June 24, 2021
Gambling, Crypto Entrepreneur John McAfee Dead at 75
John McAfee, software entrepreneur, gambling fan and cryptocurrency promoter has allegedly committed suicide while waiting to be extradited from Spain to the US. He was expected to face charges of tax evasion, fraud and more, and the extradition order was just issued a day before his death. McAfee Rides a Wave of Success John McAfee […]
Industry
June 23, 2021
Codere Online Merges with DD3 SPAC to Go Public
Codere Online, an online gambling subsidiary to the Spanish gambling company Codere Group, has signed a merger with Nasdaq-listed SPAC DD3 Acquisition Corp, hoping to get a $350 million valuation. Codere Online Merges with Nasdaq-listed SPAC DD3 Nasdaq-listed special purpose acquisition company (SPAC) DD3 Acquisition Corp has signed a merger with Codere Online, an online […]
Industry
June 23, 2021
Australia Launches Its First Self-Exclusion Register
The Australia Communications and Media Authority (ACMA) has appointed Engine Australia, a technology group, to create and provide the first self-exclusion register for online and mobile gambling in the country. Australia’s First Self-Exclusion Register to Launch in 2022 Engine Australia, a technology group, has been appointed by the Australia Communications and Media Authority (ACMA) to […]
Industry
June 23, 2021
SuperBook Makes a Splash in Colorado’s Sports Betting Market
Las Vegas-based SuperBook Sports is set to launch its first retail location outside of Nevada in Colorado. In partnership with Jacobs Entertainment, the company will launch The SuperBook at the Lodge Casino in the city of Black Hawk. SuperBook Sports currently operates its flagship retail outlet at the Westgate Las Vegas Resort & Casino and […]
Industry
June 23, 2021
Tennessee Lottery Breaks $2B on the Back of Sports Gambling
Even though 2020 decimated a lot of the US gambling market, the Tennessee Education Lottery (TEL) can’t be too disappointed with its results. The organization, which oversees lotteries, sports gambling and more in the state, just released its financial report for the latest fiscal year and has reached a new milestone. For the first time […]
Industry
June 23, 2021
New Report Predicts Strong Sports Gambling, iGaming Markets in the US
It was already an accepted fact that legalized sports gambling in the US would bring significant revenue to states. Estimates over the years have put the value of the offshore sports gambling segment at around $150 billion, although it isn’t possible to calculate an actual figure. Still, now that states have been legalizing sports gambling […]