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- Jerome García
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.
Industry
April 8, 2024
Ukraine: iGaming Operators Post Significant Increase in Revenues
In 2022, the same year when Russia invaded Ukraine in an unprecedented act of war, online casinos and betting operators in Ukraine reported UAH 1.94 billion ($50 million) in total revenue. A year later, their revenue skyrocketed more than 28 times, hitting nearly UAH 55 billion ($1.4 billion). Data released by the country’s service for […]
Lottery
April 8, 2024
Oregon Player Hits Staggering $1.33bn Powerball Jackpot
Months after the Powerball jackpot was last hit at the start of the year, it kept growing, reaching an estimated $1.23 billion. Not unexpectedly, the interest in the popular lottery game skyrocketed just as the jackpot did and the grand prize was finally won after a player from Oregon guessed all winning numbers from the […]
Business
April 8, 2024
BGC Names Grainne Hurst as New Chief Executive Officer
The standards body, representing the regulated UK gaming and betting industry, the Betting and Gaming Council (BGC), recently announced changes to its senior-level team. The Council initiated a search for a new visionary CEO after Brigid Simmonds, BGC’s chair, confirmed her intention to step down in April. In light of Simmonds’ announcement, Michael Dugher, the […]
Business
April 8, 2024
B Riley Resumes Coverage for AGS, Confirms Buy Rating
Currently, PlayAGS (AGS) is known as a leading gaming supplier across the globe. The company offers high-performing Class II and Class III slot games, as well as game cabinets and table products. AGS is also renowned for its leading technology, the quality of its games and the engaging experiences they offer. Last week, the leading […]
Business
April 8, 2024
B Riley Securities Confirms Neutral Rating for Everi
Recently, Everi announced a groundbreaking transformative merger with International Game Technology (IGT). The strategic business combination, valued at approximately $6.2 billion, is expected to see Everi merge with IGT’s Global Gaming and PlayDigital businesses, creating a new dynamic global gaming and fintech company that is expected to revolutionize the sector. Keeping in might the upcoming […]
Industry
April 5, 2024
Gambling Addiction Hotlines Witness Rise in Calls amid US Betting Surge
The expansion of sports betting has been ongoing for less than a decade and now more than half of the US states offer the popular activity. The statewide expansion of betting granted sports fans and bettors alike options for legal wagering on sports. This resulted in a decrease in the number of people who use […]
Industry
April 5, 2024
Spillemyndigheden Issues Orders, Reprimands SkillOnNet
Spillemyndigheden, the Danish Gambling Authority, tasked with the regulation of the gambling sector in the country, announced it issued reprimands and orders against one gambling operator. Earlier this week, the Authority revealed that it issued three orders to SkillOnNet. The orders came after the gambling regulator uncovered that the licensee breached the rules for anti-money […]
Business
April 5, 2024
Moody’s Confirms Stable Outlook for LVS, Highlights Potential Credit Risks
The leading global provider of credit ratings, research and risk analysis, Moody’s Investor Service, released a new update, highlighting important details regarding the credit profile of the global gaming and entertainment giant, Las Vegas Sands (LVS). Earlier this week, the company published a credit analysis, highlighting that currently, LVS has a Stable Outlook. Moreover, Moody’s […]
Industry
April 5, 2024
FanDuel Contemplates Acquisition for Nevada Expansion
Currently, FanDuel and DraftKings are at the helm of sports betting across the US. The two hold a significant share of the betting market and are undoubtedly leaders when it comes to sports betting in many states. Despite their solid presence across the country, neither DraftKings nor FanDuel has a presence in Nevada, the home […]
Legal
April 5, 2024
Florida Governor Enacts Bill on Seized Gambling Assets
Seizing of assets obtained through illegal means is not uncommon across the United States. While regulations vary from one state to the other, in general, assets obtained through criminal activities are seized and can be resold to benefit different state and county programs. While this can provide vital funding for different programs, it also allows […]