Industry
November 3, 2022
North Dakota Governor Rejects Tribes’ Request for Online Gambling Monopoly
Native American tribes in North Dakota are not getting exclusive rights to online gambling as governor Doug Burgum has rejected their request for a monopoly filed in October. North Dakota Governor Rejected the Tribes’ Proposal as Online Gambling is Still Illegal in North Dakota Associated Press reported that governor Burgum has rejected the tribe’s plea […]
Business
November 3, 2022
MGM Posts Q3 Results, Enjoys 26% Revenue Growth to $3.4bn
The global hospitality and entertainment company, MGM Resorts International, released its latest results, outlining the performance for the third quarter of 2022. MGM Resorts Revenue Soars in Q3 On Wednesday, the company unveiled its unaudited results, acknowledging that it has seen strong growth in the three months ended September 30, 2022. Total net revenues in […]
Business
November 3, 2022
Sega Sammy Holdings Sales Soar Despite Profit Downturn
Sega Sammy Holdings, the prominent Japanese gaming giant which builds products for the video gaming and land-based gambling industry, has reported its latest financial results. The company has focused on the six months that ended on September 30, 2022. During the period, the company saw a 19.9% decrease in profit to JPY9.62 billion ($65.3 million). […]
Casino
November 3, 2022
TVBET Partners with Monotech to Launch Live Casino Products
Provider of live games for the online casino sector, TVBET, has established a new partnership with Monotech, a specialist in the industry which supplies iGaming platform solutions for mobile, online, and land-based products. TVBET Becomes Part of Monotech’s Offering Moving forward, TVBET’s products will be integrated as part of Monotech’s platform, giving partner operators a […]
Industry
November 3, 2022
Fitch Ratings Updates 2023 Outlook for Las Vegas Strip Casinos
Indeed, you can have too much of a good thing, and Fitch Ratings Services predicts that Las Vegas Strip casinos might have reached their peak in 2022. The 2023 outlook analysts had for Las Vegas initially had gaming as a stronghold but it seems growth rates have been somewhat unsustainable. Small Adjustments to Expectations Following […]
Business
November 3, 2022
Despite Net Loss Widening, RSI Continues to Improve Revenue
Rush Street Interactive has reported its third-quarter results for the period ending on September 30, 2022. The company, which focuses on sports betting and online casino products in the United States and the Americas, has had much to be happy about, the report noted, although some subdued performance still persisted. Net Loss Nothing to Worry […]
Casino
November 3, 2022
Pai Gow Player Wins $1M at The Venetian Resort Las Vegas
A Las Vegas local will remember this past weekend for the rest of their life after hitting the progressive jackpot and winning $1 million at The Venetian Resort Las Vegas, local news media KTNV reported. Video Poker Mints New Millionaire The winner, who wished to remain anonymous, won the money during a game of Face […]
Industry
November 3, 2022
BlueBet’s ClutchBet Launched Player Matchup Parlays Product
US mobile-first online sportsbook ClutchBet announced it has launched a new product, ClutchClash, exclusively for its players in Iowa. H2H Player Matchup Parlays The launch of the world-first ClutchClash product in Iowa allows bettors to utilize player matchups across the NFL and NBA by making the ultimate head-to-head player parlays, using player prop markets in […]
Business
November 2, 2022
Melco’s Q3 Report Signals 46% Drop in Revenue
Toward the end of October, Melco Resorts & Entertainment announced it was getting ready to recruit 1,000 employees to fill in the new positions for its new Mediterranean project in Cyprus. Now, the company has made its unaudited third-quarter earnings for 2022 public, signaling a 46% decrease in total operating revenue. Strict Traveling & Covid-19 […]
Industry
November 2, 2022
NSW Deputy Premier Claims Cashless Tech Is Not Implementable Yet
New South Wales politicians continue to discuss the prospects of introducing cashless gaming in the Australian state. Some believe that the technology will benefit the sector and reduce financial crime, while others fear the implementation of such tech may be too costly. Paul Toole Has Some Doubts about Cashless Tech Dominic Perrottet, the state’s premier, […]
