Rush Street Interactive names Sapp as first chief marketing officer
Sapp joins the Rush Street Interactive executive leadership team and reports directly to CEO Richard Schwartz. The appointment represents his first role in the gambling industry. He assumes the newly...
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Ukraine regulator receives nearly 200 licence applications in Q1 of 2024
From the 194 applications, 152 licences were granted by KRAIL in Ukraine. 138 of these were licences for gaming machines, while three were for the provision of gambling services. Additionally, nine...
View ArticleKSA bans provider from hosting illegal affiliate sites
KSA issued a binding order to DigitalOcean following an investigation that unfolded throughout 2023. A binding order is usually given in cases where an infringement has occurred, but a sanction is not...
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Germany to decide on reimbursing illegal gambling losses
The 1st Civil Senate of the Federal Court of Justice of Germany (BGH) will schedule a hearing on 2 May. It will focus on the reimbursement of player losses from gambling with unlicensed operators. The...
View ArticleVictoria operators face new online gambling account measures
The new requirements came into effect on 1 April. Victoria-licensed operators must now ensure their systems meet the standards set by the VGCCC. These changes focus on how certain information is...
View ArticleIowa sports betting revenue dips in March despite handle increase
Player spending on sports betting in March amounted to $272.4m. This was 17.1% ahead of $232.6m in Iowa last year and also 23.5% higher than $220.6m in February. Online handle in March reached...
View ArticleGolden Matrix completes acquisition of MeridianBet
GMGI shareholders voted in favour of the acquisition in March. When GMGI announced the planned merger in January 2023, it explained MeridianBet would give it more access to regulated B2C markets. The...
View ArticleInspired allays fears over Nasdaq compliance warning
The provider is yet to make public its Form 10-K for the year ended 31 December 2023. This, Nasdaq says, is in breach of Nasdaq Listing Rule 5250(c)(1) and as such has issued a warning to Inspired....
View ArticleHowe: California sports betting will be done “with and through” state tribes
Howe was joined onstage by CNIGA chairman James Siva as well as Jacob Mejia, director of public affairs for Pechanga Development Corporation, both of whom lauded the CEO for being willing to engage in...
View ArticleColorado sports betting revenue down despite handle increase in February
Revenue was down year-on-year from $35.4m in February 2023. Colorado’s monthly total was also 51.8% less than the $53.5m posted in January of this year. Online betting generated $25.9m in gross gaming...
View ArticleDetroit casino revenue edges up to $123.9m in March
Revenue in March was clear of the $119.2m posted in the same month last year. March’s total was also 18.5% ahead of the $104.6m recorded in Detroit in February this year. Some $122.3m of this amount...
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Operator-branded platforms won’t have a home in legal California wagering
But don’t expect platforms like BetMGM, Caesars Sportsbook, DraftKings, ESPN BET, Fanatics Sportsbook or FanDuel to have operator-branded platforms in the state. “I can tell you what they won’t be,”...
View ArticleMGM Resorts raises $750m via senior notes
The offering, totalling $750m, was issued at par and at a rate of 6.500%, due in 2032. MGM Resorts (MGM) intends to use the net proceeds from the offering of the notes to “repay existing indebtedness,...
View ArticleRecord handle fails to halt Maine sports betting revenue decline in March
Monthly handle in March was 40.8% higher than the $33.8m spent in February. It was also the highest total since Maine opened its legal market in November last year. However, adjusted gross receipts...
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France regulator ANJ notes “significant progress” in problem gambling prevention
Since a 2019 ordinance, all operators in France must submit an annual plan to prevent “excessive” and underage gambling. The ANJ then reviews those action plans. The aim is to increase dialogue...
View ArticleSpain Supreme Court overturns gambling ad restrictions
The Spanish Royal Decree 958/2020 entered into force in November 2020. The regulations looked to reduce minors’ exposure to gambling advertising in Spain by banning aspects such as sponsorship deals...
View ArticleBlueBet requests ASX trading halt amid acquisition talks
The trading halt was requested today (10 April), with BlueBet contacting the ASX over the matter. This halt, BlueBet said, is only temporary and it aims to begin trading again before the end of the...
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Brazil betting regulation to be ready by end of July
Brazil’s ministry of finance published the new ordinance in Brazil’s Official Gazette of the Union. It outlines how the regulations approved in Bill 3,626 will be implemented in the coming months,...
View ArticleMaryland sports handle jumps by 21.3% in March to $536.7m
Maryland has reported a 21.3% increase in sports betting handle for March, reaching $536.7m (£427.7m/€499.6m) for the month. Sports betting handle for Maryland in March was also up 39% year-on-year...
View ArticleBlueBet agrees to acquire Betr wagering business
Announced today (11 April), the deal will see BlueBet issue approximately 265.4 million fully paid shares to Betr shareholders. This equates to around 56.9% of BlueBet’s current shares. A potential...
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