Business
July 14, 2021
theScore Releases Latest Earnings Report, Misses the Mark
There is always a lull in gambling activity when March winds down. The NFL’s Super Bowl in February is done, the NCAA’s March Madness is over and there aren’t any other major contests on the schedule. A spattering of competitions in the PGA, NBA and other sports leagues helps buoy the market, but doesn’t produce […]
Industry
July 14, 2021
Circus Circus Continues to Fight COVID-19 Insurance Claim Denial
Insurance companies love keeping their customers happy, except when it comes time to pay a claim. Then, many suddenly go silent. In the wake of the COVID-19 pandemic, a number of casino operators submitted claims for the losses they incurred through months of work stoppages, yet most insurers have clammed up. Circus Circus was one […]
Industry
July 13, 2021
Prophet to Roll Out Sports Betting Exchange in NJ, IN via Caesars Deal
Under a new market access agreement with Caesars Entertainment, Prophet will launch its sports betting exchange services in New Jersey this year. Furthermore, under the multi-year agreement, the company will launch its services in Indiana in 2022. Prophet to Launch Services in New Jersey, Indiana New Jersey-based sports betting exchange, Prophet announced Monday that it […]
Industry
July 13, 2021
Las Vegas Sands to Explore iGaming Options
Davis Catlin, a gaming industry veteran, will be leading Las Vegas Sands’ newly created digital gaming investment team. By creating the team, the company plans to grow further and solidify its position as a market leader in the iGaming space. This is a stark shift from the times when the late Sheldon Adelson was running […]
Casino
July 13, 2021
Twin Arrows Navajo Casino Opens After 15 Months of Closure
Arizona’s Twin Arrows Navajo Casino Resort opens its doors with severe restrictions after 15 months of closure. Twin Arrows Navajo Casino Resort Reopens After More Than a Year The Twin Arrows Navajo Casino Resort, the Navajo Nation’s largest gaming property, located in Arizona, has reopened after 15 months of being closed due to the COVID-19 […]
Industry
July 13, 2021
MGM’s Strip Sales and CityCenter Purchase Credit Negative
A recent report released by a top credit rating agency is warning investors about potentially increased risks from contingent lease obligations following a sale-leaseback scheme. Increased Credit Risk The report issued by Moody’s Investor Service considers the sale of the real estates of Aria and Vdara casino resorts on the Las Vegas Strip by MGM […]
Business
July 13, 2021
Amy Howe to Take Reins from Matt King as FanDuel Interim Executive
Amy Howe is taking over FanDuel Group’s interim executive operations in light of Matt King’s decision to leave the company and the gambling sector. Flutter Taps Amy Howe to Smooth Executive Transition Flutter Entertainment has picked Amy Howe as FanDuel Group’s interim chief executive as the company continues to look for a full-time successor. The move comes […]
Sports
July 13, 2021
National League Favored to Win MLB All-Star Game Today
Depending on how you look at it, either the American League (AL) is a totally dominating force in the MLB, or its run is coming to an end. Today marks the 89th All-Star game for the league and the AL hasn’t had too much difficulty taking down the National League (NL) the past couple of […]
Industry
July 13, 2021
Indiana’s Foray into Sports Betting Is Paying Off
Indiana has had legal sports betting for a little more than two years and it has continued to deliver good things to the state. There have been ups and downs in the market, just like there are with any, but, overall, things are looking up. June proved to be a relatively successful month for Indiana […]
Industry
July 13, 2021
Gambling.com Begins Selling Shares Ahead of Anticipated NASDAQ Launch
Gambling.com is looking to become the latest gaming-related entity to trade on a public exchange. After recently announcing its plans to introduce an initial public offering (IPO), it has now filled in some of the blanks. The company has big plans for its future, and is confident that it will continue to be a major […]