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Industry
August 31, 2022
Macau Lifts International Travel Restrictions, Quarantine Remains
Macau finally has some good news to announce. International borders in the Special Administrative Region will be reopened starting on Thursday. This comes after almost two full years of shuttered borders which began in early 2020, blocking the outside world from accessing Macau. Macau Tries to Live with Covid-19 A total of 41 country non-residents […]
Industry
August 31, 2022
Huge US Sports Betting Turnover Poses Bigger Risk for Financial Crimes
The massive uptake of online gambling activities in the United States since sports betting was legalized in a number of states following a 2018 Supreme Court decision to throw away a ban on sports wagering has raised concerns that criminals may abuse the gambling sector to conduct diverse financial crimes or money laundering. The Massive […]
Industry
August 31, 2022
GAN: B2C President Karlsen Resigned, Replaced by SVP Nesset
Gambling software and technology provider GAN announced Monday a change of personnel in its B2C business after President Anders Karlsen stepped down and was succeeded by Endre Nesset. Placing High Hopes on Nesset Karlsen, who served as President of B2C, resigned effective August 26, 2022, from his roles at Coolbet and GAN families, the company […]
Industry
August 30, 2022
Gambling.com: Q2 2022 53% Growth Offset by Expense Increases
Gambling industry affiliate services provider Gambling.com Group released Monday its financial report for the second business quarter of 2022, posting 53% growth in revenue. Impressive Revenue Growth For the three months ended June 30, 2022, the provider of performance marketing and digital marketing services to gambling operators generated $15.9 million in revenue, significantly increasing its […]
Industry
August 30, 2022
SIS Names McSorley Head of International Horse Racing
Sports Information Services (SIS), a leading supplier of 24/7 betting services, has named Conall McSorley as head of international horse racing. McSorley joined SIS only recently but has already been promoted to a position of high responsibility thanks to his experience. McSorley’s Experience Earned Him a Promotion McSorley is a seasoned gambling industry worker and […]
Industry
August 30, 2022
BIA: Operators May Spend $1.8B on Ads in 2022
Each year, US gambling operators tend to spend a lot on advertising. With the US gaming market being as competitive as it is, no company can allow its marketing efforts to be lacking. BIA Advisory Services, a US-based consultancy, predicts that this year’s spending will be much higher than last year’s as gambling companies remain […]
Industry
August 30, 2022
BlueBet Launched Its First US ClutchBet Sportsbook in Iowa
Mobile sports betting operator BlueBet announced late Sunday that it has received its sports betting license from the Iowa Racing and Gaming Commission (IRGC). First Stage of US Entry Strategy The license issued by the IRGC allowed ASX-listed BlueBet to take its first bet in Iowa under its ClutchBet brand Monday afternoon, making the state […]
Industry
August 29, 2022
Strong Revenues Allow Sun International to Pay Dividend
Sun International, a South African gaming company, will be able to pay its dividend for the first time in six years. This is thanks to the operator’s revenue rising by 30% in the first half of 2022. Sun International Paid Dividend Sun International’s business was badly hurt by the COVID-19 pandemic. The virus outbreak forced […]
Industry
August 29, 2022
Prophet Launches as First Betting Exchange in the US
Prophet Exchange, the first peer-to-peer sports betting exchange in the United States, has launched in New Jersey ahead of the next National Football League season. This is a huge step for US sports betting, as punters in the Garden State can now access a novel sports betting offering. Prophet Exchange Is the First of Its […]
Industry
August 29, 2022
Sportsbooks in New York Report Strong Betting Handle for Mid-August
Regulated mobile sportsbook reported strong betting handle and revenue for the week ended August 21, judging by newly released figures. Mid-August Betting Handle, GGR Increases in New York The New York State Gaming Commission, which is the government body tasked with regulating sports wagering, has announced the financial results for sportsbooks reported for the week […]
