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Penn CEO Snowden: “Don’t believe everything you read” on M&A, points to late...
On Thursday’s (8 August) earnings call, Snowden said the company will be live in the biggest legal market in the US – New York – by the start of the college football season. He also addressed the...
View ArticleAustrian player ordered to return winnings over unlicensed gambling
The Austrian gambling market is a monopoly with Casinos Austria’s Win2Day the only licensed online casino operator. This has prompted players to pursue operators for losses, aided by a 2021 Supreme...
View ArticleCould World Expo 2025 delay MGM Osaka 2030 opening target?
The countdown is on to the World Expo, coming next year to Osaka, Japan. The global exhibition will start 13 April 2025, on Yumeshima Island, a 2.8 million-square metre pentagonal tract on Osaka Bay....
View ArticleFanDuel took $78.5m in handle during its three-month run as DC’s sole digital...
FanDuel earlier this year took over digital sports betting for the lottery, which previously used the much-maligned GamBetDC app provided by contractor Intralot. More than four years after launching...
View ArticleOnline slots growth pushes Lithuania gambling revenue to €116m in H1
Figures from the Lithuania Gaming Control Authority show H1 revenue was clear of the €108.5m reported in the same period last year. Starting with the online market, revenue for the channel climbed...
View ArticleNo vote taken on Brazil casinos as senators weigh pros and cons of regulation
Yesterday’s debate saw the senate discuss the potential positive impact of legal casinos in Brazil and other forms of land-based gaming. Senators talked up the economic benefits such as new tax...
View ArticleNew Zealand govt expects $500m regulated icasino market
The government plans to regulate online casino in New Zealand by 2026, issuing a limited number of licenses granted through an auction. New Zealand gambling lawyer Jarrod True of True Legal told iGB...
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State of the Union: Nebraska slow down, Penn eyes Alberta, FanDuel sued
Legal digital wagering stalled in Nebraska Nebraska lawmakers don’t seem ready to introduce digital sports betting, though the state’s traditionally anti-gambling governor is now supportive. Gambling...
View ArticleNew South Korean IR contributes to Mohegan’s record-breaking Q2
From April through June, Mohegan Gaming broke all-time quarterly records: net revenue of $504m (£395.5/€461.6m), up 21.4% over 2023. The US-based firm recorded its previous quarterly high, $461.7m, in...
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Bowyer pleads guilty; sentencing for US illegal bookie set for February
Bowyer told Judge John W Holcomb, “I was running an illegal gambling operation, laundering money through other people’s bank accounts.” The hearing was held at the Ronald Reagan Federal Building and...
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Authorities bust illegal gambling operations in Connecticut, Mississippi
Police discovered seven illegal gambling machines at Cocchia’s Liquor Store on Ely Avenue in Norwalk, Connecticut. The Hour reported that Felix Galinda-Castillo and Jose Gerado Fuentes-Lima were...
View ArticleFormer prime ministers urge blanket ban on gambling advertising in Australia
Published over the weekend, the Alliance for Gambling Reform letter addresses both the current government in Australia and the opposition. Signees are urging the adoption of so-called “Murphy’s law”....
View ArticleReport: DC attorney-general prepping investigation into Intralot’s...
What Schwalb’s office learns from the request will determine next steps, according to the City Paper report on Thursday (8 August). But if the AG’s office finds Intralot broke the law, it could fine...
View ArticleNew York sports betting revenue rises despite handle falling to 2024-25 low
New York sports betting spend amounted to $1.26bn (£988.8m/€1.16bn) in July, according to the New York State Gaming Commission figures. This is 31.2% ahead of August 2023 but 14.3% behind the $1.47bn...
View ArticleRugby Football League reveals new gambling sponsorship code
The RFL joins several other British sports body in publishing its new code, the Gambling Code of Conduct for Sport Sponsorship, which sets out new standards for gambling partnerships across four core...
View ArticleBelgium reports 16.7% rise in 2023 GGR despite tighter regulatory controls
Belgium gambling gross revenue total for 2023 was €1.7bn (£1.5bn/$1.9bn), a significant rise from the €1.5bn generated in 2022. Online grew by 18% to a GGR of €944.6m, while offline GGR also increased...
View ArticleFinnish government stake in Veikkaus online business categorised as conflict...
Finnish Gambling Consultants (FGC) partner Vähänen suggests the Finnish government should therefore sell off its ownership of the Veikkaus monopoly. The ministry of finance is to form a new regulator...
View ArticleWeekend Report: Olympics drive betting in France; Hong Kong arrests over...
Going for gold: France Olympics betting set to triple French regulator l’Autorité Nationale des Jeux (ANJ) has estimated that players in the country will have bet approximately €360m (£308m/$393m) by...
View ArticleUS July sports betting round-up: Iowa, Maine, Maryland, Tennessee
Jump to: Iowa sports betting revenue up thanks to improved hold Parlays rule the roost in Maryland Maine reports second-highest sports betting handle in July Lowest handle of the year in Tennessee...
View ArticleIllinois $1bn handle streak ends in June as player stakes drop to $848.1m
Illinois Gaming Board figures show sports betting handle up compared to the prior year, but falling 16.9% from the $1.02bn wagered in May 2024, in the last month before the state’s new progressive tax...
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