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.
Sports
December 25, 2023
Consumer Discretionary Spending Cuts Don’t Affect Sports Gambling
A new study by Paysafe has revealed that consumers, although tightening their purses otherwise, are looking to continue spending on online sports wagers and in-game purchases. This means that gaming companies that have digital exposure may not feel the pinch of an immediate economic downturn as online spending and experiences would continue to remain a […]
Legal
December 22, 2023
Betting and iGaming Await Final Approval in Brazil
Sports betting and online gambling may become a reality for Brazil as early as 2024 after an important decision taken by the country’s Chamber of Deputies. In a final voting session on Thursday, the Deputies voted to approve Bill 3,626/2023, a proposal that called for the regulation of sports betting, as announced by Agência Câmara […]
Industry
December 22, 2023
PokerStars and Play’n GO Launch Detroit Red Wings Game
The provider of engaging online casino games, Play’n GO, announced the launch of a new NHL-themed game. On Friday, the company confirmed that through an agreement with PokerStars, it launched an exclusive Detroit Red Wings game. The new game, which is available for PokerStars customers in Michigan, recognizes the Detroit Red Wings, the famous NHL […]
Casino
December 22, 2023
Nevada Blacklists Mississippi Illusionist from Casinos
Different states across the US where casino gambling is legal have established exclusion lists. Such lists often include the names of individuals who were found guilty of gambling-related crimes or were involved in other illegal activities. With their name added to the infamous “black books,” those patrons are banned from visiting casinos in a particular […]
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 […]
