Industry
January 14, 2021
Regulator: NJ Gambling Operators Delay Customer Withdrawals, Ask Reversals
The New Jersey Division of Gaming Enforcement (NJDGE) has received numerous complaints from patrons in the Garden States that withdrawal times from online gaming accounts have been artificially increased by operators to give operators enough time to change customers’ minds about pending withdrawals. In other words, the NJDGE stipulates that iGaming operators have been forcefully […]
Industry
January 13, 2021
New York Gross Sports Betting Revenue Down in December
The New York State Gaming Commission released December sports betting figures, revealing sports wagering activities in the state accounted for $2.3 million. Following on the modest increase in November, the December figure confirmed New York ended 2020 on a down note. Double-Digit Decrease in Gross Revenue The December gross sports betting revenue decreased by 13.8% […]
Industry
January 13, 2021
Casino Tycoon Neil Bluhm Expands Empire with dMY Technology Group Merger
The Covid-19 pandemic has boosted the growth of the online gambling industry and is set to put the legalization of sports betting across the USA on a fast track. RSI and dMY Technology Group Create an Online Gaming Giant in the USA Chicago billionaire Neil Bluhm added another $1 billion to his fortune following the […]
Industry
January 13, 2021
SiGMA Website Rebrand Reflects Global Commitment
In SiGMA Group’s latest website rebrand, the company reflects its ambition to continue catering to a global audience with a growing footprint worldwide. SiGMA’s Global Commitment to Gaming Continues in Site Rebrand SiGMA Group has launched its rebranded website as the organization’s commitment towards bringing a bona-fide iGaming industry experience continues. A natural continuation of […]
Industry
January 13, 2021
Illinois: Sports Betting Bill Could Allow Wagers on State Collegiate Events
Illinois could pass a bill to legalize sports betting on the state’s collegiate events before March Madness, but a new General Assembly might reset the initiative. The Bill Would Amend the Sports Wagering Act Illinois State Representative Mike Zalewski filed legislation on January 9 to authorize sports wagering on state collegiate events. If passed, HB […]
Industry
January 12, 2021
Sheldon Adelson, Las Vegas and Macau Visionary, Dies at 87
Las Vegas visionary and philanthropist Sheldon Adelson passed at the age of 87 on Monday, following complications related to his non-Hodgkin’s lymphoma, the disease he has been fighting for several years now. The news was published early on Tuesday in an official Las Vegas Sands Corp. statement and not too long after Adelson took a […]
Industry
January 12, 2021
Ninja Casino Could Relaunch in Sweden under Entain’s bwin Brand
Defunct Ninja Casino iGaming brand is now looking at a new chance to return to business as Entain is taking over Enlabs AB and looking to restore the iconic brand in Sweden. Ninja Casino Is Coming Back to Sweden, Eventually Entain is looking to recover the Ninja Casino brand in Sweden once it finalizes its […]
Industry
January 12, 2021
Scientific Games Commitment to Diversity Continues
The gambling and gaming industry is slowly becoming more accessible for women. Scientific Games puts the emphasis on diversity. Changing Industry The face of gambling and gaming is gradually changing with the times. The industry is largely considered a male space, which is reflected by the very small percentage of women in high-ranking positions. While […]
Industry
January 11, 2021
Sports Betting and iGaming Could Grow By More Than 70% in 2021
The sports betting and iGaming sector could grow by more than 70% this year, according to Bank of America, with casino recovery on its way. Bank of America’s Analysis The sports betting and iGaming industry in the US is expanding quickly, as more states legalize sports betting, but has been significantly impacted by the economic […]
Industry
January 11, 2021
Macau Gaming Stocks to Gain in 2H21 Due to Concession Extension, New Hotel Room Supply
Gaming stocks in Macau have lost momentum due to the pandemic, but Morgan Stanley analysts expect a rise in late 2021 – early 2022 boosted by three key areas. Revenue in 2021 to Reach 65% of Pre-Pandemic Levels The current price of Macau gaming stocks has dropped significantly, аnalysts at investment bank Morgan Stanley point […]