Industry
July 5, 2021
Betting Companies Are Succumbing to Sponsorship Pressure in the UK
Around the world, countries have begun to crack down on the relationship between sports gambling entities and sports organizations. Specifically, the ability of operators to advertise their products and services during sporting events has been greatly curtailed. Team sponsorships have also come under fire, with Italy, the UK and others taking an anti-gambling position on […]
Industry
July 2, 2021
Virginia Surpassed $1B after 4 Full Months of Sports Betting
Virginia became the latest US jurisdiction to surpass the $1 billion threshold in sports betting revenue since its inception, the monthly report released by the Virginia Lottery revealed, while month-on-month wagering on sports continued to decline in May. Higher than Industry Average Operator Margin The report showed licensed sports betting operators in Virginia generated $227 […]
Industry
July 2, 2021
MGM Buys Half of CityCenter and Strikes a Deal for Aria and Vdara for $3.89B
MGM Resorts International is taking over. It has announced that it will pay Infinity World Development $2.12 billion for a 50% interest in CityCentre, giving it 100% control of the property. The deal will reportedly give the property a valuation of $5.8 billion. Surprising News at a Surprising Time Some real estate market experts are […]
Industry
July 2, 2021
Possible Delays to New York’s RFA and Sports Betting Rules and Regulations
The deadline for the Request for Applications by the New York Gaming Commission might not come for two weeks. RFA’s Date Was July 1, 2021 The Request for Applications (RFA) by the New York Gaming Commission (NYGC) was due out yesterday evening (Thursday). According to unidentified sources speaking to Sports Handle, it could be delayed […]
Industry
July 2, 2021
Mohegan Amended Kambi Betting Partnership Deal in Connecticut
An interesting development around one of the sports betting licensees in Connecticut this week saw a technology partnership deal being amended to free space for additional partners. MGE Moves to Free Space Sports betting technology supplier Kambi Group announced it reached an agreement with Mohegan Gaming & Entertainment (MGE) regarding the terms of their sports […]
Industry
July 2, 2021
Gaming Hall of Fame Accepting Names for Class of 2021
The Gaming Hall of Fame, which honors people with contributions to the gaming industry, has announced that it’s accepting nominees for its Class of 2021. Gaming Hall of Fame’s New Class Will Be Presented in October Did you know that Celine Dion, Frank Sinatra, Tom Jones, Wolfgang Puck, the late Sheldon Adelson, and Debbie Reynolds […]
Industry
July 2, 2021
SoftSwiss Adds Territory with New PowerCasino Sportsbook Deal
SoftSwiss is working overtime to become a major player in the global online gaming space. It has already established several new partnerships around the world this year and isn’t slowing down. As online casinos and sports gambling continue to take center stage, the company is entering a new era of operations, securing a new sports […]
Industry
July 1, 2021
Betting Activity in Italy on the Rise
Last month marked a substantial overall rise in revenue across the regulated iGaming market in Italy, up by 14% on April’s total and 94% on May. Much of the latter, however, was heavily impacted by the ongoing COVID-19 pandemic. Sports betting leads the way May saw the sports betting vertical lead the market on its […]
Industry
July 1, 2021
Mohegan Gaming & Entertainment Launches Mohegan Digital Division
Mohegan Gaming and Entertainment, a master developer and operator of global integrated entertainment resorts, has announced the launch of Mohegan Digital, a new division that will delegate the company’s online gaming operation. Mohegan Gaming launches a new digital division On Monday, Mohegan Gaming and Entertainment launched its Mohegan Digital division, which will oversee its online […]
Industry
July 1, 2021
Maine Governor Shoots Down Tribal Gaming in the State
Native Indian tribes in Maine were just one signature away from being able to open casinos on their tribal land. They were most likely already preparing the chips and cards in anticipation of the final approval, but will now need to put their gear back in storage. Maine’s governor, Janet Mills, has vetoed a legislative […]