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Jerome García's latest articles
Jerome García
JournalistJerome brings a wealth of journalistic experience within the iGaming sector. His interest in the industry began after graduating from college, where he regularly participated in local poker tournaments. This exposure led him to the growing popularity of online poker and casino rooms. Jerome now channels all the knowledge he's accrued to fuel his passion for journalism, providing our team with the latest scoops online.
Business
December 22, 2023
Analysts Bullish on MGM, LVS, Penn, Caesars Stock in 2024
Stocks that rely heavily on economic conditions and business cycles are called consumer cyclicals. Such stocks can include companies operating within the retail, housing, automotive and entertainment industries. This includes major gambling operators. According to a newly released report, Citi Research included two leading gaming and entertainment operators within its top choices for consumer discretionary […]
Poker
December 21, 2023
Mikita Badziakouski Secures $7.1M Prize from WPT Big One for One Drop
The World Poker Tour (WPT) Big One for One Drop, the first such event for the Tour, supporting the One Drop Foundation’s goal to ensure sustainable access to safe water, hygiene and sanitation for vulnerable communities. The tournament helped attract nearly two dozen seasoned poker players. The event featured a $1 million buy-in and attracted […]
Business
December 21, 2023
Michigan Betting Handle Sets Record in November amid ESPN Bet Launch
Earlier this week, the gambling regulator in Michigan, the Michigan Gaming Control Board (MGCB), released its latest report, uncovering details regarding the performance of commercial and tribal online gambling and betting operators. In total, gross receipts from sports betting and online gambling hit $209.2 million in November, representing a 1,9% increase when compared to the […]
Casino
December 21, 2023
Mohegan Remains Committed to LV Casino despite Recent Results
Earlier this month, the Mohegan Tribal Gaming Authority, the premier integrated entertainment resort developer, released its fourth quarter results. The company’s Q4 figures highlighted growth and diversification with an overall net revenue increase of 7.6% year-over-year to $444.3 million. Despite the positive result, Mohegan’s Las Vegas operations showed a decrease in adjusted EBITDA and revenue. […]
Legal
December 21, 2023
Alabama Senator Fears Gambling to Win Democrats Election
Efforts for the repeal of Alabama’s prohibition on gambling date back more than two decades. Back in 1999, voters in the state rejected a proposal that called for the establishment of a lottery and similar efforts since have not gained much traction. While lawmakers identify the potential benefits of legal gambling, no bill has made […]
Industry
December 20, 2023
ASA Upholds Ruling against Betfred over Ad Placement
The regulator in charge of advertising across the United Kingdom, the Advertising Standards Authority (ASA), challenged whether an advertisement of Betfred that aired back in April was directed toward individuals under the age of 18. The advertisement in question was streamed during the PrestonPlayz program, popular for its content including games such as Minecraft, on […]
Industry
December 20, 2023
Priest Addicted to Gambling Accused of Stealing $117K from Church
Problem gambling can often result in huge debts or in some cases push people to commit different crimes. Usually, such crimes are related to embezzlement, fraud or even robberies, resulting in criminal charges against those who decide to break the law. This is precisely the case of an assistant priest from Washington County, Pennsylvania, who […]
Sports
December 20, 2023
Circa Sports to Open Sportsbook at Silverton Casino Lodge in 2024
Circa Sports, a fast-growing sportsbook, confirmed its plans to open its newest location at the start of the new year. The company confirmed that its new sportsbook located in southwest Las Vegas at the Silverton Casino Lodge is expected to open soon. Initially, Circa will open a temporary sportsbook on January 1, 2024, located near […]
Business
December 20, 2023
Entain May Sell BetMGM Stake or Consider MGM Merger, Analyst
Earlier this month, the global gaming giant, Entain, announced the departure of its CEO, Jette Nygaard-Andersen. The unexpected move resulted in the appointment of the company’s non-executive director, Stella David, as interim CEO, until the hire of a permanent replacement for the senior-level role. Now, a new report released by Seeking Alpha, citing an expert […]
Legal
December 20, 2023
Virginia AG Weighs DFS Games in Sports Wagering Decision
Daily fantasy sports (DFS) is a popular activity across the United States. Despite its popularity, the activity has seen scrutiny recently with more states strengthening their rules applicable to DFS operators and some even outright banning fantasy contests. DFS games in major sports betting markets such as New York and Michigan were banned earlier this […]
