Business
November 29, 2020
Clark County Utilizes Reserve Fund for Staduim Bond Payment
Officials in Clark County, Nevada, announced they had to tap the reserve fund related to the General Obligation Stadium Improvement Bonds for more than $11.5 million to make the outstanding bonds interest payment of $16 million. General Obligation Stadium Improvement Bonds Series 2018 To help lure the National Football League (NFL) franchise the Raiders from […]
Business
November 29, 2020
Paysafe Taps Scot McClintic for SVP iGaming Product and Strategy
Expanding into the United States iGaming market, Paysafe has added Scot McClintic as SVP iGaming Product & Strategy. McClintic will help spearhead the company strategy in the quickly expanding iGaming and sports betting segments in the country. Scot McClintic Heads Paysafe iGaming Expansion Strategy Paysafe Group is making a definitive shift towards the iGaming space, […]
Business
November 28, 2020
Miomni to Introduce Its New Exchange Platform for the U.S. Market
Miomni Gaming, the mobile sports betting provider, announced that in 2021 it will launch its innovative exchange platform “MiOffer” for the U.S. market. The new exchange program is risk free and will increase market transparency. Miomni to Launch an Exchange Platform for the U.S. Market in 2021 U.S. Mobile Sports and Race wagering provider Miomni […]
Sports
November 28, 2020
Sports Betting to Offer Relief to State Coffers Amid Pandemic
Strained by the coronavirus pandemic, state coffers across the US are poised to receive some welcome relief from an unlikely source – the sports betting industry. After six months with few sporting events, betting rebounded in the third quarter, generating $352 million in revenue or 47% more than the same period last year, Bloomberg reports. […]
Industry
November 27, 2020
Nevada’s October Gaming Down 19.5% YOY, Betting Soars
Nevada’s gaming revenue was still down 19.5% year-over-year in October, but it posted better results than September 2020. Meanwhile, sports betting handle has been beating all expectations. Nevada Posts Decline in Gaming, Improves MOM The State of Nevada has posted a moribund October with gaming revenues shrinking down by 19.5% year-over-year, but the Silver State […]
Industry
November 26, 2020
Risk of Developing Gambling Addiction in Texas Increases
Gambling activities in Texas are increasing during the period of uncertainty caused by the virus outbreak and spread, the executive director of an association claims, pointing to the risk of gambling addiction increase. Gambling Cannot Solve Financial Issues Janet Miller, the executive director for the Louisiana Association on Compulsive Gambling said there were more calls […]
Business
November 26, 2020
Sheldon Adelson Sparks Interest For Gaming Expansion in Texas
Las Vegas Sands owner Sheldon Adelson has hired eight influential Austin lobbyists, hinting at the potential legalization of casino gaming in Texas. Window of Opportunity for Gaming Bill Casino tycoon Sheldon Adelson recently hired eight high-profile lobbyists from Austin, Texas, therefore generating speculation around the possible legalization of casino gaming in the Lone Star State. […]
Business
November 26, 2020
Gambling.com Group Receives Approval To Operate in Tennessee and Illinois
Gambling.com Group has received approval to provide its marketing services to Illinois and Tennessee. KAX Media American in Tennessee Digital marketing services giant Gambling.com Group announced on November 24 that its US subsidiary KAX Media America has secured a 3-year license from the Sports Wagering Committee of the Tennessee Education Lottery Corporation to operate in […]
Casino
November 25, 2020
Maryland Casinos Asked for More Virus Risks Transparency
Maryland casinos began re-opening in June and as of mid-November there are at least 133 casino workers who tested positive for the coronavirus, reports a local media asking for more transparency. No Public Information Reports The information received after a series of public records requests to the Maryland Lottery & Gaming Control Agency showed at […]
Business
November 25, 2020
GiG Gets License to Carry WSN Sports Betting Operations in Michigan
GiG said on Monday it has secured a sports betting license in Michigan for its affiliate website WSN.com. GiG’s flagship sports news brand will now operate in 10 states across the US. WSN Now Licensed in 10 US States Sports betting technology provider Gaming Innovation Group (GiG) announced on November 23 that it has successfully […]