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Industry News and Headlines
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 […]
Industry
August 29, 2022
Two-thirds of Australians Want Gambling TV Ads Banned
Ads are the worst, right? Well, apparently, if you’re Australian, you don’t want tobacco, gambling, junk food, and alcohol ads on TV, and the numbers are exactly in that order. The last place is for burning fossil fuel ads, because who needs the planet? 70% of Polled Individuals Support Ban The Australia Institute released the […]
Industry
August 29, 2022
Bradford Council Turns Down Merkur Slots Venue Plans
The Bradford Council refused Merkur Slots’ plans to build a new gaming hall amid gambling harm concerns. The city officials believe that the location chosen by the operator would have put vulnerable people at high risk. Merkur Planned to Open a New Shop in Bradford Merkur Slots’ intention was to set up a gaming center […]
Industry
August 29, 2022
Junket and Gaming Closures See Macau’s Unemployment Increase
The dismantlement of mass junket operations in Macau has had an expected consequence – an increase in overall unemployment. In the first months of the junket clampdown, former employees of those businesses reported that they had experienced a steep decline in their finances and were struggling to adapt and find new jobs. This is not […]