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Julie Moraine's latest articles
Julie Moraine
Lead AuthorWith 4 years experience as an analyst, Julie—or ‘Jewels’, as we aptly refer to her in the office—is nothing short of a marvel-worthy in her attention to the forex and cryptocurrency space as she quickly became the first pick to co-pilot education to the masses with Mike.
Business
July 23, 2021
Gambling.com Slashes IPO Price as it Launches on NASDAQ
Online gambling industry marketing services provider Gambling.com surprisingly slashed the pricing of its initial public offering (IPO), as well as the quantity of shares available to investors, before going public. Revised Price and Share Quantity Gambling.com is now offering 5,250,000 ordinary shares priced at $8 per share, bringing the total valuation of the company down […]
Legal
July 23, 2021
Unibet Fined $36,000 for Offering Gambling Inducements in NSW
Unibet, the online betting and gaming brand of Kindred Group, was found in breach of gambling laws in New South Wales (NSW) in Australia and was handed a fine of AU$48,000 ($36,000). Offering Enhanced Odds The NSW Independent Liquor & Gaming Authority (ILGA) investigated three occasions in which advertisements promoting inducements to participate in gambling […]
Business
July 22, 2021
Penn Interactive Signs Deal with NASCAR and Phoenix Raceway
Penn Interactive, a subsidiary of Penn National Gaming, became the latest gambling operator to secure market access in Arizona after a multi-year deal with NASCAR. Boost Fan Experience The online gaming arm of Penn National acquired market access into Arizona via a deal with NASCAR, which made the Barstool Sportsbook betting brand of the company […]
Industry
July 22, 2021
Betsson Revealed All-Time High Profit in Q2 2021 Update
Swedish gambling operator Betsson AB published an interim report for the period April-June 2021, posting quarterly all-time high profit driven by its scalable business model. Growth in Revenue Continues Betsson revealed that the group’s first-quarter momentum continued, as revenue for the 3-month period ended June 30 was SEK1.752 billion ($210.2 million), an increase of 14% […]
Business
July 22, 2021
Las Vegas Sands’ Q2 2021 Report Painted Slow Recovery
Global land-based casino operator Las Vegas Sands (LVS) released its financial results for the quarter ended June 30, 2021, posting an operating loss for the quarter. Slow Pace of Recovery Las Vegas Sands revealed net revenue in the second quarter amounted to $1.17 billion, which compared to the $62 million the world’s leading developer of […]
Business
July 21, 2021
Andrew Bentley Appointed COO at Gauselmann’s Betting Division
Andrew Bentley is joining Guaselmann’s betting division, Merkur Sportwetten, from House of Edge Consultancy, where he spent the last two years serving as managing director while also consulting Gauselmann’s sports betting business since October 2020. In his new position as a chief operating officer (COO), Bentley will spearhead growth in the division’s online betting vertical. […]
Business
July 21, 2021
Evolution Posted Exceptional Second Quarter and H1 Growth
Gambling technology supplier Evolution released today an interim first half-year update, posting more than double operating profits as the industry continues to accelerate. Second Quarter Summary The company revealed revenues in the second quarter of 2021 reached €256.7 million ($320 million), an increase of 100% from the €128.3 million ($151 million) posted in the respective […]
Business
July 21, 2021
Gibraltar Raises Corporation Tax to 12.5% to Soften Final Move
Gibraltar, one of more than a hundred nations that approved the global tax agreement to implement a minimum corporation tax rate, became the first to act upon its commitment by introducing an interim tax level. Reaching Minimum Tax Level in Two Steps Signaling the upcoming change in its taxation policy, Gibraltar is raising corporation tax […]
Legal
July 20, 2021
Missouri Senator Hoskins Prepares Gambling Expansion Bill
A Missouri state senator wants to see gambling expansion in the state, preparing bills for regulating video lottery terminals (VLTs), as well as the introduction of sports betting, esports, and horse racing. Regulate and Tax Video Lottery Terminals State Sen. Denny Hoskins, a long-time gaming proponent in Missouri, is looking to regulate and tax VLT […]
Sports
July 20, 2021
DraftKings Named Official Betting Operator of PGA Tour Events
DraftKings, a leading daily fantasy and sportsbook brand, continued to enrich its partnership with The PGA Tour after two tournaments of the professional golf organization announced sponsorship agreements with the gaming operator. Expanding Presence in Golf Under the agreements, DraftKings was named the first Betting Operator of the World Golf Championship-FedEx St.Jude Invitational that will […]