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Industry
May 17, 2022
Carolina Panthers’ Owner Invested in Las Vegas Sands and Wynn Resorts
David Tepper, the owner of the Carolina Panthers, expanded the equity portfolio of Appaloosa Management, his personal hedge fund. The NFL franchise owner invested in two gambling companies, namely Las Vegas Sands and Wynn Resorts. Appaloosa Expects the Share Prices to Go Up Tepper’s investments in Sands and Wynn Resorts were the only new equity […]
Casino
May 17, 2022
FanDuel Brings Asaf Noifeld to Spearhead Casino Operations
FanDuel has brought on Asaf Noifeld, a former PokerStars executive, in the position of managing director of casino. Noifeld will be in charge of FanDuel’s interactive casino business which will be expanding next, following the company’s successes across the sports betting vertical. New Opportunities for FanDuel FanDuel does maintain a healthy interactive gaming product which […]
Casino
May 17, 2022
New Jersey Casinos Beat Pre-Pandemic Revenue in April
The April results for New Jersey’s casino and sports betting are in with gambling properties accumulating a total of $422 million or a 20% increase year-over-year. Results were strong both across the land-based and interactive verticals with in-person gambler numbers also increasing significantly, better than the 2019’s April levels as a matter of fact. April […]
Legal
May 16, 2022
Boyd Gaming Sues Kansas for Damages, Asks for $25M
Boyd Gaming has decided to file a lawsuit against Kansas as the operator claims that with the newly-introduced sports betting regulation, the state is in direct violation of the contract that it signed with Boyd. According to the contract, if the state of Kansas introduces slot games similar to the ones that Boyd features at […]
Casino
May 16, 2022
Nebraska Governor Paves the Way for Casino License Applications in June
After legislative Bill 876 aimed at expanding the gambling market in Nebraska gained traction at the end of March with senator Tom Briese by its side, it was Governor Pete Ricketts’ turn to bring his contribution to the saga. Last Wednesday, Ricketts signed off the rules that would allow casino gambling in the Cornhusker State. […]
Casino
May 16, 2022
Ho-Chunk Tribe’s Casino Project in Beloit, WI, Gains Traction
The federal government branch in the US that deals with the relationships between the government and Indian Tribes, the Bureau of Indian Affairs (BIA), has announced that it approved Ho-Chunk Nation’s proposal for a gaming facility located in Beloit, Rock County, Wisconsin. Bureau of Indian Affairs Approves Ho-Chunk Nation Casino Project The recent approval puts […]
Industry
May 16, 2022
New York to Tackle Scratch-off Ticket Addiction with QR Codes
All addictions can be harmful, and gambling is no exception. As a means to combat that and provide help, New York is implementing a new QR code system on scratch-off tickets for quick connections with trained professionals. Problem gambling gets attention Problem gambling or gambling addiction can be an issue for anyone from any walk […]
Sports
May 16, 2022
Talking Stick and Casino Arizona Join the D-backs Family
Talking Stick Resort and Casino Arizona have been named the official casino partners of the Arizona Diamondbacks. This expands the partnership agreement between the team and the Salt River Pima-Maricopa Indian Community which owns the two venues. The Casinos Join the Diamondbacks as Partners As per the deal, the Diamondbacks, a professional baseball team, will […]
Sports
May 16, 2022
Caesars Becomes Official Partner to Indy 500, Indy Motor Speedway
Caesars Sportsbook has become the official betting partner to both the Indy 500 and Indianapolis Motor Speedway with the company continuing to deliver on partnerships with racing organizaitons and properties. Moving forward, Caesars will be the official sponsors for the upcoming races that will take place at the Indianapolis Motor Speedway during the year. Teaming […]
Industry
May 16, 2022
US iGaming Has a Lot of Potential, AGA Says
The latest State of the States report by the American Gaming Association (AGA) shows how the various gambling verticals fared in 2021. IGaming Is the Most Profitable Vertical The report showed that iGaming is easily the fastest-growing form of gambling. As of now, only the states of Connecticut, Delaware, Michigan, New Jersey, Pennsylvania and West […]