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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.
Business
April 2, 2024
Advent International to Take Nuvei Private Under New Agreement
The leading payment technology provider, powering companies across the globe, Nuvei Corporation, announced a new strategic agreement. On Monday, the company confirmed it has entered into a definitive arrangement agreement to be taken private by the leading and most experienced global private equity investor, Advent International. The latest move is supported by the company’s holders […]
Business
April 2, 2024
NY Betting Operators Post Uptick in Handle Fueled by March Madness
January 8, 2022, marked a monumental date for betting enthusiasts and sports fans alike in New York. This was the date when the state officially launched its online sports betting market, paving the way for the exponential expansion of the activity across The Empire State. Since the launch of mobile betting, more than two years […]
Business
April 2, 2024
DraftKings Triumphs as “Clear Winner” among Competitors, Says New Survey
Amid the expansion of sports betting across the United States, competition in the sector remains fierce. Currently, close to 40 states offer some form of legal wagering on sports, with most providing options for both retail and online/mobile betting services. With that in mind, each state represents a competition for sports betting operators, despite the […]
Business
April 2, 2024
Fitch: Bally’s Corporation’s Rating Downgraded, Outlook Negative
The leading ratings agency, Fitch Ratings, announced a new downgrade, affecting Bally’s Corporation. This marked another downgrade for the company recently, which has now seen action from three rating agencies, Fitch included. On Monday, Fitch Ratings said that it downgraded the company’s Issuer Default Rating (IDR) from “B+” to “B.” Additionally, the company said it […]
Industry
April 1, 2024
Problem Gambling Contacts on the Rise in Florida
Legal wagering on sports has been expanding from one state to another ever since 2018 when the US Supreme Court struck down PASPA. Legalization of the activity was left in the hands of lawmakers in each state which paved the way for legal wagering in nearly 40 US states by now. Yet, amid the expansion […]
Lottery
April 1, 2024
Man Who Claimed £2.5M Jackpot with Fake Ticket Freed
A 58-year-old man who was convicted of raping a 17-year-old girl more than three decades ago and was recently serving a sentence for fraud after claiming a multi-million lottery jackpot was recently released. The case involves a person with the initials E.P., who used to be a builder before co-conspiring to claim £2.5 million ($3.2 […]
Industry
April 1, 2024
Macau on the Road to Recovery Pushed by Mass Market Segment
Currently, there are tough restrictions when it comes to gambling in China. The country doesn’t permit poker, casino gambling or iGaming activities, with the sole exception being Macau, China’s Special Administrative Region. For two decades, Macau has been growing its position as a leading gambling hub for the Asian region. However, the COVID-19 pandemic which […]
Industry
April 1, 2024
California: Police Seizes Illegal Gambling Machines, Tobacco Products
A recent operation against illegal cannabis, tobacco products and gambling machines was conducted in Modesto, California. The multi-agency effort resulted in the arrest of several individuals after six businesses, including smoke shops, underwent searches last week. Prior to the searches, the Modesto Police Department sent notices on two separate occasions to a number of local […]
Sports
April 1, 2024
Self-Regulation of Gambling Ads Falters during AFL Game
In Australia, gambling is identified as a public health issue. The country is known to have the highest losses per capita out of any other in the world, but it is not only pokies that result in losses in millions every month. Sports betting is just as popular and continues to attract many young sports […]
Industry
April 1, 2024
Divided Lawmakers in Georgia Put Halt on Betting Legalization
Georgia was among a handful of states that were trying to legalize sports betting. Sadly, the efforts toward legal betting died recently, at least for the current legislative season, after lawmakers didn’t agree on how the money collected from the activity would be spent. Two proposals called for the legalization of betting on sports in […]