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Industry
August 27, 2021
Caesars Sportsbook Enjoys High Popularity, Grows Market Share
Caesars Entertainment launched its new sportsbook app earlier this month. Caesars Sportsbook is available for bettors in 8 states and it’s already making big waves. The app’s downloads reportedly continue to grow, bringing the company a higher market share, rising from 7% to 21%. Caesars Sportsbook: The Most Dynamic Sports Betting App Earlier this month, […]
Industry
August 27, 2021
Operators Should Keep Educating Players on Responsible Gambling
The push for a safer gambling environment has resurfaced time and again, but it wasn’t until 2018 and the ban of fixed-odds betting terminals (FOBTs) that industry and lawmakers saw eye-to-eye and came up with a united front against the increase in problem gambling numbers. The issue at the time was not that problem gamblers […]
Industry
August 27, 2021
Las Vegas Strip Lays Down a Record-Breaking Month in Gaming Revenue
July marked a historical moment for the Las Vegas Strip as this month records a record in gaming revenue. The main factors that contributed to this incredible milestone are the opening of the Allegiant Stadium and Resorts World Las Vegas for their first month. Additionally, several entertainment venues were reopened and managed to bring 3.3 […]
Industry
August 27, 2021
Audit of GambetDC’s (Lack of) Performance Delayed Once Again
On the surface, it has become apparent to those in the sports betting industry that GambetDC, the sports betting solution the DC Council thought would be a money-maker, has not lived up to expectations. It has a much wider net than William Hill, which has continued to rule the local market, and even latecomer BetMGM […]
Industry
August 26, 2021
Hong Kong Customs Busts Major Money Laundering Operation
Five men have been arrested for money launder when trying to cross the Hong Kong-Zhuhai-Macau Bridge. Hong Kong customs officers claim that the men participated in operations that illegally transported over $22 million in cash that is believed to have been acquired through fraud. The case was reported by the Hong Kong Government itself. A […]
Industry
August 26, 2021
Japan Might Not Initially Approve Three IRS as Previously Expected
Several years ago, when Japan’s ruling Liberal Democratic Party (LDP) found enough support for its plan to introduce integrated resorts (IR) to the country, excitement was very high. Casino operators from around the world immediately jumped at the opportunity to be part of the new market, with most larger – and a few smaller – […]
Industry
August 25, 2021
Connecticut’s Sports Betting Competition Is Heating Up
As legal sports betting is at the doorstep in Connecticut and is set to debut next month, the market will no longer be a duopoly in which the Mohegan and Mashantucket Pequot tribes control the market. The competition will now be three-way, as the Connecticut Lottery Corp. will be another major player. This quasi-public agency […]
Industry
August 25, 2021
Gambling in Colombia Continues to Be Big Business
Latin America is ripe for expanded gambling. Some countries in the region already recognize this, while others are slow to react. Those in the latter group can find motivation in Colombia, which has seen massive growth of its gaming industry over the last year. According to Coljuegos, the country’s gaming regulator, gambling in Colombia was […]
Industry
August 24, 2021
DraftKings Introduces Real-Time Micro-Betting via Simplebet
Leading daily fantasy sports and sportsbook operator DraftKings announced a multi-year agreement with Simplebet to launch real-money micro-betting across its sportsbook platforms. We’re excited to be working with Simplebet to change the in-game betting experience for our customers and, together, changing the way sports fans engage with their favorite sports.” Paul Liberman, President, Global Product […]
Industry
August 24, 2021
UK Betting Shops Are the Best at ID Verification
Serve Legal independent analysts have published results from their study showing that betting shops record major success in ID verification to prevent underage customers from engaging in wagering and gambling. 90% Of Betting Shops Asked for Customer IDs Independent analysts from Serve Legal have published findings that betting shops are top performers when it comes […]