Business
July 12, 2021
Stockholm-Listed Raketech Acquires P&P Vegas Group for $19M
Online gaming marketing affiliate firm Raketech announced today the acquisition of P&P Vegas Group Inc to strengthen its position in the growing US markets. Financial Details of the Acquisition The transaction is valued at €16 million ($19 million) on a debt-free basis and will be settled with €9 million ($10.68 million) in cash and 3,881,968 […]
Industry
July 12, 2021
Oregon June Sports Betting Posted Double-Digit Revenue Growth
Sports betting revenue in Oregon was on the rise in June, the monthly report released by the Oregon Lottery revealed. The state posted a double-digit increase in revenue on a sequential base. Steady Revenue Growth The Scoreboard, a sports betting product powered by Boston-based sportsbook and industry technology supplier DraftKings and run by the Oregon […]
Industry
July 12, 2021
Dotty’s Reveals Details about Data Breach Incident
Owned by Nevada Restaurant Services and Craig Estey, Dotty’s reportedly was affected by a malware cyberattack. Dotty’s operates some 120 gaming venues in Nevada and has approximately 300,000 players in its database. The operator acknowledged that some users’ data, such as names or dates of birth, may have leaked earlier this year. Dotty’s Acknowledges a […]
Industry
July 12, 2021
Independent Study Recommends Cap on Deductions for Sportsbooks
A leading independent tax policy nonprofit, the Tax Foundation, released a report last week, evaluating the efficiency of different state’s approaches to sports betting taxation. Deductions Lead to Lower Effective Tax Rate Industry official data provided by the American Gaming Association (AGA) shows 21 US states and D.C. are currently offering legal wagering on sports, […]
Industry
July 12, 2021
DraftKings and MLB Ink Live Streaming and Sports Betting Deal
Everyone is familiar with the fact that DraftKings has been heavily involved in a few major sports leagues in the US. The fantasy sports and sports gambling operator’s latest addition is a new deal that it has completed with MLB. This is not the first time that DraftKings has collaborated with MLB. Recently, they signed […]
Business
July 12, 2021
Jogo Global Appoints Robb Vecchio to Spearhead US Growth
As the United States’ iGaming market continues to develop, Jogo Global is spearheading its future growth in the country with the appointment of Robb Vecchio. Robb Vecchio to Preside Over Jogo’s US Charge As the race in the United States’ iGaming market tightens, platform provider and casino content developer Jogo Global has tapped Robb Vecchio as the […]
Industry
July 12, 2021
NY State Gaming Commission Released Mobile Sports Betting Request
New York State’s Gaming Commission has released the long-anticipated request for mobile sports betting applications. Sports Betting Applications Are Due August 9 On Friday afternoon, the New York State Gaming Commission released the request for mobile sports betting applications. The applications request was long-awaited, as it was supposed to come out on July 1. The state would partner with […]
Industry
July 12, 2021
Flutter to Delay FanDuel Split As the Sportsbook Takes Control Of the Market
This past March, it looked like FanDuel was going to follow in DraftKings’ footsteps and seek a spot on a public stock market. Owned by Flutter Entertainment, which has its hands in sports gambling and iGaming operations around the globe, being traded publicly would certainly give FanDuel a lot of support for future growth. However, […]
Sports
July 9, 2021
New Jersey College Sports Betting Facing an Uphill Battle
New Jersey is not likely to see gambling expansion in November, as the proposed state constitutional amendment does not get the necessary public support, the latest FDU poll suggests. 67% against Betting on Local College Teams The proposed measure to allow wagering on college sports events with the participation of local teams is facing an […]
Industry
July 9, 2021
Kindbridge Teams up with Playtech on New US Gambling Research
Gambling technology leader Playtech inked a new agreement with Kindbridge, the first virtual mental health clinic in the US. The duo launches groundbreaking research in the country, focusing on creating an evidence-based telehealth model. Furthermore, the research will aim at understanding and treating gambling better, as well as address digital dependencies. Playtech and Kindbridge Team […]