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
June 5, 2024
FanDuel Maintains Leadership Position, Suggests JMP Securities
Within the flourishing legal betting market in the United States, there are two major operators constantly competing for dominance, FanDuel and DraftKings. The two hold an estimated 80% of the legal betting sector in the country, reaffirming their unquestionable leadership position. Now, according to a new report, while competition between the duo continues, FanDuel is […]
Business
June 5, 2024
Gaming Innovation Group Confirms Completion of SEK 100M Share Issue
The leading iGaming technology company, delivering services, solutions and products for gambling operators across the globe, Gaming Innovation Group (GiG), announced it has raised approximately SEK 100 million ($9.6 million) after issuing more than 3.2 million shares to existing shareholders and new investors. Details regarding the strategic move emerged Tuesday with GiG confirming that its […]
Business
June 5, 2024
DraftKings Arrives on BofA’s US 1 List Despite Slight Dip in Stock Price
Over the last month, a decrease was observed in DraftKings’ stock price. Trading at $35.52 as of the market close on Tuesday, the price marked a 19.40% decrease in the last month alone. Despite the weak performance, DraftKings was recently added to the Bank of America’s US 1 List, a list that gathers some of […]
Sports
June 5, 2024
MLB Hits Tucupita Marcano with Lifetime Ban, Suspends Four Others
Major League Baseball (MLB) announce disciplinary actions against several Major and Minor League players over betting rules breaches. Details regarding the sanctions against five players emerged Tuesday with the League confirming that it enforced penalties under Major League Rule 21 (D)(2) and 21 (D)(1). MLB confirmed that the strict action follows a probe led by […]
Legal
June 5, 2024
UK Gambling Regulator to Face Northern & Shell in Court
The transition of the UK National Lottery license from Camelot to Allwyn was completed in February this year. Ultimately, Allwyn was picked as the winner of the license after a selection process led by the gambling regulator in the country, the UK Gambling Commission (UKGC). However, not everyone agreed with the procurement process which is […]
Poker
June 4, 2024
ACR Poker Uncovers $2 Million Vegas Fast Track Series
The popular online poker site, formerly known as Americas Cardroom, ACR Poker, announced details regarding an exciting tournament offering $2 million in guarantees, together with a special prize package. On Tuesday, the online poker site unveiled additional details regarding the upcoming Vegas Fast Track Series. The exciting series are scheduled between June 9 and June […]
Business
June 4, 2024
Flutter Recognized in TIME’s 100 Most Influential Companies 2024 List
Flutter Entertainment, the global gaming and betting giant, was the only gambling operator to make it to the TIME100 Most Influential Companies 2024 list. The leading betting and gaming operator was recognized in the Pioneers category together with companies such as OpenAI, Epic Games, Transcripta Bio and World Central Kitchen, among others. Securing a place […]
Lottery
June 4, 2024
Powerball Grand Prize Survives Monday Draw, Gets Closer to $200M
The grand prize from Powerball was estimated at $173 million or $80.6 million cash option for the latest drawing, which was held on Monday, June 3. While many lottery fans tried their luck, no one was able to guess correctly the winning numbers. Monday’s drawing saw the winning numbers 19, 29, 35, 36, 45 along […]
Legal
June 4, 2024
Evolution Files Lawsuit against Light & Wonder over Alleged Infringement
Intellectual property (IP) infringement lawsuits are not uncommon in the global gambling industry. With fierce competition, some companies engage in unlawful action to gain an advantage, but this often results in prolonged lawsuits. In one recent case, one leading gaming company filed a lawsuit against another giant, claiming IP infringement. The legal case involved Light […]
Industry
June 4, 2024
Chicago Man Employed by Sweepstakes Operator Sentenced to Federal Prison
A man from Chicago, Illinois, who was employed as a salesperson for an electronic sweepstakes kiosk operator, was recently sentenced to a year in federal prison over tax evasion. The case involves a 32-year-old male with the initials N.D., from Des Plaines, Illinois, who previously filed lawsuits against women from a Facebook group called “Are […]
