Business
February 20, 2023
Pennsylvania Gaming Revenue Soars by 18% To $464.5M in January
On Friday, the regulator unveiled data regarding the financial performance of licensed operators in the state, revealing that the combined total revenue from all forms of gambling, including fantasy contests, last month hit $464,488,191. When compared to the corresponding period in 2022 when the revenue halted at $393 million, this result marked a strong growth […]
Sports
February 20, 2023
Genius Sports Becomes Official F2P Provider for XFL
The move is designed to further help enhance XFL’s prominence in sports life in the United States. Genius will be able to distribute official data from every league game and have exclusive rights to do so across its global network of media and betting partners. XFL and Genius Sports Ready to Drive Fan Engagement and […]
Casino
February 20, 2023
Woman Allegedly Funds Wynn Las Vegas Gambling with $10M Fraud Scheme
Sara Jacqueline King has been accused of stealing $10.3 million through bogus loans from LDR International Limited based in the British Virgin Island, KTLA 5 has reported, citing court filings with the US District Court of California dated February 11. King worked as a lawyer and had her own lending business, it appears enabling her […]
Lottery
February 20, 2023
Nevada May Be Looking into State Lottery Options Soon
Now, this may be changing as a Nevada lawmaker believes a state-backed lottery could help bring more money for important sectors, such as mental health programs for youths. Assemblyman CH Miller has pitched an amendment to the constitution hoping that he could gather sufficient legal momentum and turn his proposal into a reality. To succeed, […]
Industry
February 17, 2023
Colorado Regulator Head Dan Hartman Retires after a Successful Tenure
Hartman was in charge of the regulator when the Centennial State officially introduced legal sports betting in May 2020. His tenure was notable for a level-headed and pragmatic approach, focusing on dialogue with operators and responsible gaming initiatives. Hartman was generally content with the organization’s accomplishments, noting it had more or less mastered the fundamentals. […]
Casino
February 17, 2023
Kambi to Deliver On-Property Solutions to del Lago Resort & Casino
Supplier of sports betting technology and solutions Kambi Group announced today it has signed an agreement to provide del Lago Resort & Casino in Waterloo, New York, with its on-property sportsbook solution. New On-Property Partner The agreement between Kambi and the land-based casino owned and operated by horse racing and entertainment operator Churchill Downs Incorporated […]
Industry
February 17, 2023
PENN Completed Barstool Sports’ Remaining Share Acquisition
Casino gaming and sports betting company PENN Entertainment announced the completion of its previously announced acquisition of the remaining share of Barstool Sports for approximately $388 million. ‘Powerful Media with Authentic Voice’ The acquisition of the remaining interest in Barstool Sports completed the second stage of the acquisition of the sports media brand in which […]
Lottery
February 17, 2023
Powerball Named NASCAR’s Official Partner, Official Lottery Game
Car racing series NASCAR announced in a press release that it has gained a new partner after signing an agreement with Powerball, the nation’s lottery game inspiring millions with a chance to become a millionaire. Shared Goals Powerball, the lottery game which minted a billionaire last year and has been raising billions for good causes, […]
Business
February 17, 2023
Continent 8 Launches iGaming Community Cloud Offering in Ohio
The announcement about the latest achievement came Thursday and sees the company become the first provider of iGaming Public Cloud offering. This marks a major step for Continent 8, considering the strong potential of the regulated online and mobile sports betting market in Ohio. In fact, media reports confirmed that over the New Year’s weekend, […]
Business
February 17, 2023
DraftKings CEO Hails Strong 2022 and Predicts Stronger 2023
In a letter to DraftKings’ shareholders, the CEO and co-founder acknowledged that the company enjoyed a stellar 2022. He pointed out that for the fiscal year 2022, DraftKings’ revenue hit $2.2 billion. This result represented a significant 73% year-over-year increase. What’s more, the revenue result even surpassed the expectations of $1.85 billion to $2 billion […]
