GLPI raises full-year guidance after record Q2
Group revenue from real estate in Q2 was 6.7% ahead of the $356.6m reported by GLPI in the same period last year. GLPI noted the impact of recent acquisitions on revenue performance in Q2, which...
View ArticleEmirates Draw turns to new verticals after UAE Lottery licence decision
“We remain interested in applying for the second lottery licence and other gaming opportunities”, Emirates Draw said in a statement shared with iGB. It will also shift its weekly draws to an...
View ArticleVirginia betting revenue up year-on-year to $40.5m in June
Monthly sports betting data is published by the Virginia Lottery. Almost all AGR ($40.2m) came from online wagering. Just $230,230 came from retail wagering at land-based casinos. AGR is calculated by...
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State of the Union: Olympics betting, Texas legalisation talk, Ontario’s...
Here’s where Olympic betting is highest in US According to a Forbes report, bettors in Maine, Massachusetts, New York, North Carolina, and Pennsylvania have a high interest in betting on the Olympics....
View ArticleBettors, analysts say ‘no thanks’ to DraftKings’ surcharge idea
DraftKings spurred debated among the wagering community Thursday (1 August) when it announced plans to implement a gaming surcharge for players in high tax states. In its Q2 business update, the...
View ArticleMacau GGR misses July estimates, analysts cite war on illegal money-changers
Macau’s gaming industry fell short of revenue estimates for July. Gross gaming revenue (GGR) for the month improved 12% over 2023, to MOP18.6bn (£1.795bn/€2.105bn/US$2.31bn). But analysts projected a...
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Mizuhara bookie Matthew Boyer charged in illegal California wagering ring,...
Bowyer is charged with multiple counts of illegal gambling activities. Among them, running an unlicensed sportsbook, filing a false tax return, and money laundering. According to a U.S. Department of...
View ArticleNICC extends term of Star Sydney manager as company awaits final ruling on...
The regulator has yet to rule on the Bell Report, which was submitted Wednesday (31 July). Star said in a filing Thursday it “sought and received approval” from the NICC to extend the term of special...
View ArticleSporttrade, Plannatech awarded Arizona event wagering licences
Both companies will be tethered to tribes. Sporttrade will partner with the Quechan Indian Tribe of the Fort Yuma Indian Reservation and Plannatech will partner with San Carlos Apache Tribal Gaming...
View ArticleDraftKings projects $1bn in 2025 profits while failing to meet analyst...
DraftKings Thursday (1 August) announced that beginning 1 January 2025, it will charge customers in high-tax (more than 20%) legal gaming states a surcharge on winnings. A day later, the company...
View ArticleIGT talks up ilottery potential after Apollo-Everi deal
A planned merger of IGT’s gaming and digital businesses with Everi was superseded by Apollo Global Management swooping in with a $6.3bn deal to acquire both businesses and take them private. Sadusky...
View ArticleThailand reveals draft regulations for integrated resort casinos
Published to allow for a period of public comment running to 18 August, draft regulations set out how integrated resorts will operate in Thailand. The country has been discussing legal casinos for...
View ArticleBrazil gambling regulation complete as government publishes final ordinances
The four-phase regulatory rollout set out in April is now complete and the launch of legal gambling in Brazil is on track for 1 January 2025. Jump to: Online games Monitoring and inspection Money...
View ArticleRush Street Interactive awaits clarity on Brazil after LatAm growth in Q2
Brazil is gearing up to launch legal betting, with the market due to open on 1 January 2025. Rush Street is keen to be part of the action as CEO Richard Schwartz said on its Q2 earnings call. Brazil’s...
View ArticleGenius Sports extends Football DataCo deal, adds new in-play markets
Football DataCo covers the English Football League (EFL), containing the Championship, League One and League Two, as well as all leagues overseen by the Scottish Professional Football League (SPFL),...
View ArticleWeekend Report: New São Paulo HQ for Big Brazil and Indonesia bans DuckDuckGo
Caesars’ Big Brazil to set up São Paulo HQ Caesars Sportsbook licensee Big Brazil will invest BRL10m (£1.4m/€1.6m/$1.7m) in a new headquarters in São Paulo. As reported by Games Magazine Brasil, the...
View ArticleRush Street Interactive won’t join DraftKings in introducing surcharge
Rush Street Interactive’s commitment to customer-centric policies follows DraftKings’ Q2 business update. DraftKings said its plans to “address high tax rates” involved introducing surcharge on...
View ArticlePOGO ban could speed Philippines’ exit from money-laundering grey list
Since June 2021, the Philippines has been on a global “grey list” of countries at higher risk for financial crimes. A new ban on Philippine Offshore Gaming Operators (POGOs), could help facilitate the...
View ArticleHBLB chair Paul Darling passes away
Darling served as non-executive chair of the HBLB from April 2020. Prior to this, he spent time as a board member with GB racing’s funding body between 2008 and 2014. Alongside working with the HBLB,...
View ArticleNuvei agrees Pay2All acquisition in Brazil, further LatAm expansion to come
On 18 April, the Prizes and Betting Secretariat (SPA) of the ministry of finance published Normative Ordinance No 615 in Brazil’s Official Gazette of the Union. The ordinance stipulates payment...
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