DraftKings announces plans for DC sports betting launch
With the addition of DC, DraftKings will have launched in 29 North American jurisdictions. “We would like to thank the DC Council for creating a path to bring DraftKings’ top-rated sportsbook to the...
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Q2 revenue ticks up for Kambi as Nylén signs off as CEO
Revenue for the three months to 30 June at Kambi hit €45.7m (£38.5m/$49.6m), up from Q2 last 2023, and an improvement on Q1 this year when revenue declined marginally. Outgoing CEO Nylén put this...
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Prominent NY lawmakers speak out against Wynn’s Hudson Yards casino plan
The lawmakers object to placing a casino, hotel and residential towers next to the High Line pedestrian park. Assemblyman Tony Simone posted his objections on X to any casino in the neighborhood he...
View ArticleStudy: Lower-income gamblers take more risks online
Researchers at UC-San Diego’s Rand School of Management took a comprehensive look into gambling habits and how legal online betting affects jurisdictions and individuals. States with legal online...
View ArticleUK sports bodies unveil new “socially responsible” sponsorship codes of conduct
In football, the Premier League, English Football League (EFL), the FA and Women’s Super League have formally agreed to adopt a new code that covers gambling sponsorships used in English football, as...
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Las Vegas Sands gets local approval for casino at Nassau Coliseum site on New...
Las Vegas Sands (LVS) is among 11 bidders vying for three downstate New York casino licences to be awarded next year. The company needs local and county approval in order for its bid to move forward....
View ArticleRussia’s war prompts LET Group to dispose of Tigre de Cristal resort
In 2015, Tigre de Cristal became the first Russian casino resort in the Primorye integrated entertainment zone (PIEZ) near Vladivostok. Developed by Melco Resorts and Entertainment, the €158.6m...
View ArticleMore than half of Premier League shirts now feature gambling sponsors
Some 11 Premier League teams now feature gambling sponsorship on the front of players’ shirts. All but one club – Chelsea – have now confirmed their main sponsors ahead of the 2024-25 season, which...
View ArticleEGBA chief calls for Iceland to “rethink” monopoly market
In an opinion piece published on Icelandic news website Visir, Haijer called for a “rethink” of the nation’s monopoly-based market. The only six entities in Iceland that have been granted a gambling...
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Gambling Commission 2023 survey flags in person novelty betting as highest...
In person betting on “non-sports events” represented the vertical with the highest average proportion of high-risk players (PGSI score of 8+), according to the UK Gambling Commission’s (UKGC) Gambling...
View ArticleArizona reports yearly sports betting revenue and handle growth in May
Total spending on sports betting in May hit $568.5m (£441.3m/€523.8m)., according to the Arizona Department of Gaming report. This is 25.9% more than in Arizona in May 2023, but 13.4% behind April’s...
View ArticleRecord gaming performance drives revenue growth at Red Rock in Q2
Net revenue at Red Rock in the three months to 30 June hit $486.4 (£377.4m/€448.4m). This is comfortably ahead of $416.1m in Q2 of 2023 and only marginally lower than $488.9m in Q1 this year. The...
View ArticleSands talks up Macau growth potential despite visitation concerns in Q2
Group revenue for the three months to 30 June was $2.76bn (£2.14bn/€2.54bn). This is up 8.6% from the $2.54bn posted by Sands in Q2 last year but short of consensus expectation. The good news for...
View ArticleHHR powers record Q2 for Churchill Downs Incorporated
Group revenue for the three months to 30 June grew 15.9% year-on-year to $890.7m (£690.9m/€821.5m). While CDI’s three operating segments – live and historical racing, online racing platform TwinSpires...
View ArticleActive players double as Ontario online gambling revenue grows by a third in Q1
iGaming Ontario’s Q1 report shows a 31.4% in amounts wagered across all verticals to CA$18.4bn (£10.4bn/€12.3bn/US$13.3bn) in the three months ended 30 June. This also represents a 3.4% improvement on...
View ArticleSega Sammy bolsters GAN portfolio with Stakelogic acquisition
The group said it intends to use Stakelogic’s in-house live casino and slots technologies to enhance its GAN platform and expand its US igaming presence. In the US Stakelogic has licences in Rhode...
View ArticleDigital customer and revenue growth helps FDJ revenue hit €1.42bn in H1
Total net revenue for the six months to 30 June at FDJ was clear of the €1.29bn posted in H1 last year. The group reported growth across both its core lottery and sports betting and online gaming...
View ArticleApollo swoops in to acquire Everi and IGT gaming in $6.3bn deal
The deal will see Apollo spin off IGT’s gaming business and merge it with casino technology and payments specialist supplier Everi under one combined enterprise. Everi shareholders will receive $14.25...
View ArticleBoyd Gaming “open” to M&A opportunities after mixed Q2
Reports over a possible offer emerged earlier this month, with The Deal reporting that a deal could be in the works. Neither Boyd nor Flutter have commented on a potential bid for Penn Entertainment,...
View ArticleState of the Union: Texas exploratory group, Addabbo’s district supports...
Texas group to “explore” legal gambling A group of North Texas business and community leaders formed a coalition to explore legalising casinos in the state. Former Dallas Mavericks majority...
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