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AGAs Cylke Labels Sweepstakes Legal Status as "Murky" Amid Industry Debate

Added on November 1, 2024 in General Gambling News

As the American Gaming Association (AGA) joins the Indian Gaming Association (IGA) in discussing the controversial nature of sweepstakes gaming, AGA Senior Vice President Chris Cylke emphasized the uncertain legal landscape surrounding these games. The ongoing educational series, led by IGA conference chair Victor Rocha and executive director Jason Giles, seeks to clarify the distinctions ... Read more

By Marija Djenic

Third Guilty Plea in Jontay Porter Betting Scandal as Mahmud Mollah Admits Role

Added on November 1, 2024 in General Gambling News

Mahmud Mollah, involved in the high-profile NBA betting scandal surrounding Jontay Porter, pled guilty to conspiracy to commit wire fraud on Wednesday, October 30, making him the third individual to admit involvement in the scheme. Mollah was part of a group of gamblers who profited from bets placed on Porter’s performance, orchestrating plays that would ... Read more

By Marija Djenic

Illinois Lottery's 50th Anniversary Marks Record Sales and Returns

Added on November 1, 2024 in General Gambling News

Celebrating its 50th anniversary, the Illinois Lottery has reported another record-breaking year, with fiscal 2024 sales reaching $3.86 billion and returns to the State of Illinois totaling $883.6 million. These impressive results mark the third consecutive year of growth, driven by major multi-state jackpots and successful anniversary-themed campaigns. This year’s fiscal performance has allowed the ... Read more

By Marija Djenic

Colorado’s Sports Betting Revenue Jumps 10% in September

Added on November 1, 2024 in General Gambling News

Colorado sportsbooks witnessed a notable uptick in betting activity this September, recording a handle of $562.9 million—a 10% increase compared to $512.8 million during the same month in 2023. With more than $350 million placed on football and parlays, these two categories alone accounted for the majority of wagers. Parlay bets in particular saw a ... Read more

By Marija Djenic

Caesars Entertainment Faces Losses Despite Digital Growth in Q3

Added on October 31, 2024 in General Gambling News

Caesars Entertainment, a prominent player in the casino and hospitality sector, presented a mixed picture in its third-quarter earnings report, reflecting ongoing challenges within its traditional casino business while showing promising growth in its digital segment. Despite a slight decrease in revenue and a shift to a net loss compared to last year, the company ... Read more

By Marija Djenic

SPGA Highlights the Growing Influence of Sweepstakes in Social Casinos

Added on October 31, 2024 in General Gambling News

The Social and Promotional Games Association (SPGA) has released a detailed overview of the evolving social casino sector, particularly focusing on the sweepstakes model. As interest in social sweepstakes rises, the SPGA aims to shed light on the mechanics, legal frameworks, and player protections underpinning this type of gaming experience. The association’s latest report addresses ... Read more

By Marija Djenic

Brazil Secures Sports Betting Integrity Deals with IBIA and Sportradar

Added on October 31, 2024 in General Gambling News

In preparation for the launch of its regulated sports betting market in January 2024, Brazil has entered into significant partnerships with Sportradar and the International Betting Integrity Association (IBIA). These agreements, led by the Secretariat of Prizes and Betting (SPA), aim to tackle match-fixing and other integrity issues, fostering a secure betting environment within Brazil’s ... Read more

By Marija Djenic

Internet Vikings and PlayStar Extend Hosting Agreement in New Jersey

Added on October 31, 2024 in General Gambling News

Internet Vikings, the prominent Swedish cloud hosting provider, has announced the renewal of its partnership with PlayStar, a leading online casino operator in the United States. This collaboration, ongoing since 2021, has been instrumental in establishing PlayStar’s infrastructure for its operations in New Jersey, a key regulated iGaming market. Through the renewed agreement, Internet Vikings ... Read more

By Marija Djenic

Horseshoe Online Casino Enters West Virginia Market Following Pennsylvania Debut

Added on October 31, 2024 in General Gambling News

Just days after its Pennsylvania launch, Horseshoe Online Casino has officially gone live in West Virginia, marking the brand’s third state expansion after recently debuting in Michigan. Part of Caesars Digital’s multi-brand strategy, this rollout brings the total online casino options in West Virginia to ten, further solidifying the state’s rapidly growing online gaming landscape. ... Read more

By Marija Djenic

Arizona Sees Surge in August Sports Betting, Posting $497 Million in Wagers

Added on October 30, 2024 in General Gambling News

Arizona’s sports betting market saw a significant boost in August 2024, with wagers totaling approximately $497 million, a noticeable increase from the same month last year. According to the latest data from the Arizona Department of Gaming (ADG), this figure represents about a 38.4% year-over-year increase, underscoring the rapid expansion of the sports betting industry within ... Read more

By Marija Djenic

Greentube Introduces Tapper Games Series with New Titles for Rapid Gameplay

Added on October 30, 2024 in General Gambling News

Greentube, the interactive gaming division of Novomatic, has introduced its latest series of games under the “Tapper Games” brand, designed to offer players high-energy, interactive gameplay. Leading this new series, the title Piñata Blast provides an engaging experience where players tap to reveal prizes hidden within a virtual piñata. This first title under the Tapper Games ... Read more

By Marija Djenic

Caesars Finalizes $500M WSOP Sale to GGPoker's NSUS Group, Ensuring Brand Continuity

Added on October 30, 2024 in General Gambling News

Caesars Entertainment, one of the U.S.’s most prominent casino operators, has completed the much-anticipated $500 million transaction for the sale of the World Series of Poker (WSOP) brand to NSUS Group, the parent company of GGPoker. This transaction officially closed alongside the announcement of Caesars’ third-quarter financials, involves a unique structure—$250 million in cash, complemented ... Read more

By Marija Djenic

Gentoo Media Projects Record-Breaking Q3 Revenue for 2024

Added on October 29, 2024 in General Gambling News

Gentoo Media, a major player in the iGaming affiliate sector, has released a trading update forecasting exceptional results for the third quarter of 2024. The company anticipates Q3 revenues to reach approximately EUR 30.4 million, with an EBITDA margin expected to settle between 46% and 48%. This would represent the 15th consecutive quarter of record-high ... Read more

By Marija Djenic

Seminole Tribe Ends Legal Dispute Over Florida Sports Betting Rights

Added on October 29, 2024 in General Gambling News

The Seminole Tribe of Florida has finalized a legal settlement with a group of businesses previously challenging the tribe’s exclusive right to online sports betting within the state. This marks the end of a protracted legal battle over Florida’s sports betting landscape, where opponents had questioned whether the Seminole Tribe should maintain exclusive control over ... Read more

By Marija Djenic

BETER Expands Esports Reach Through Key Partnership with Playtech

Added on October 29, 2024 in General Gambling News

In an industry-shaping move, BETER, a prominent provider of fast-paced betting content, has partnered with Playtech, a global leader in gambling technology. This collaboration aims to integrate BETER’s dynamic esports offerings, including its renowned ESportsBattle tournaments, into Playtech’s platform, broadening access for Playtech’s operator partners and enhancing their esports betting capabilities. The partnership will allow ... Read more

By Marija Djenic

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