Jerome García's latest articles
Jerome García
Senior JournalistJerome provides expert industrial analysis, exploring the shifting dynamics of emerging markets throughout the digital age. With a background in applied economics, he decodes how rapid digitalization and tech infrastructure disrupt traditional supply chains. His data-driven insights empower global investors and executives to navigate volatile economies and capitalize on untapped, high-growth opportunities worldwide.
Lottery
June 26, 2024
Michigan Woman Surprised by $500K Luxury Cashword Instant Game Win
A woman from Tuscola County, Michigan, who thought she won $1,000 from an instant lottery game was pleasantly surprised that she had actually a much bigger sum. The big win comes after the lucky 68-year-old woman, who chose to remain anonymous, purchased a ticket for Michigan Lottery’s Luxury Cashword instant game. She bought the winning […]
Industry
June 26, 2024
North Carolina’s Gambling Expansion Debate Intensifies with Donations
North Carolina was among the states that launched retail sports betting in March 2021. Several years later, this March, the state officially launched its mobile betting market, paving the way for the further expansion of industry leaders such as FanDuel, DraftKings, Caesars and BetMGM, among other operators. Amid the expansion of gambling activities with the […]
Business
June 26, 2024
MGM Resorts, LVS and Wynn Highlighted in Goldman Sacks’ Sharpe Ratio Picks
Three leading gaming companies made it to the “high Sharpe Ratio” basket comprised by the leading global investment banking, securities and investment management firm, Goldman Sachs. Investors with the firm recently rebalanced the aforementioned basket, as announced in a report released by Seeking Alpha. Currently, the high Sharpe Ratio basket helps identify 50 S&P 500 […]
Industry
June 25, 2024
Kanon Gaming Receives $666K Fine from Spelinspektionen in Sweden
Across Europe, licensed gambling service providers are subject to a range of regulations. This includes strict rules related to duty of care, anti-money laundering and counter-terrorism financing, among other important regulations the operators need to comply with. In case of breaches, penalties such as fines and even license revocation are possible. A recent case related […]
Industry
June 25, 2024
DraftKings Employee Accused of Information Leak, Aiding Extortion
A new lawsuit alleges a senior-ranking employee of DraftKings aided an extortionist, who threatened to kill a New York bettor and asked him to pay a substantial sum to a recognizable sports betting influencer. The case was reportedly filed with the Supreme Court in Queens County, New York, by a person who withheld his identity. […]
Sports
June 25, 2024
Survey Reveals 38% Support for Betting Legalization in Missouri
Currently, there are a dozen states that are yet to legalize sports betting. Missouri is one out of two states where there’s an ongoing effort to put the legalization up for a vote on the upcoming Ballot in November. The results of a new poll, released last week, reveal that the legalization of sports betting […]
Industry
June 25, 2024
Florida Gambling Petition Collector Faces Charges over Fake Signatures
In 2021, supporters of casino gambling expansion in North Florida pushed for the collection of signatures to put the question up to a vote for the ballot in 2022. Nearly 815,000 signatures were required to put the topic on the ballot. At the time, Florida Voters in Charge, a political committee, managed to raise $75 […]
Legal
June 25, 2024
Court of Appeals Sides with US Betting Operators in Infringement Case
A few years ago, Beteiro filed lawsuits against a number of leading sports betting operators in the United States. The legal action involved BetMGM, DraftKings, bet365 and FanDuel among others with lawsuits filed both in 2021 and 2022. In its legal challenge, Beteiro claimed GPS patent infringement by the leading betting operators. Beteiro’s primary issue […]
Lottery
June 24, 2024
Australia: Richmond Man Nearly Passes Out after AU$200K Win
A retiree from Richmond, Australia, who recently secured entry in the Lucky Lotteries Mega Jackpot draw, secured a hefty prize. The winner, whose name was not disclosed, won a total of AU$202,022 ($134,600) from the popular raffle-style game. On Sunday, The Lott, the operator of Australia’s favorite and popular lottery games, uncovered details regarding the […]
Sports
June 24, 2024
New Jersey Greenlights Pro League Network’s CarJitsu Betting
The fast-growing company that offers unique live sports content optimized for betting, Pro League Network (PLN), announced it has extended its presence in an important market in the United States. Last week, PLN confirmed that it secured authorization to offer sports betting markets for the CarJitsu Championship in New Jersey. CarJitsu is a niche sport […]
