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Industry
October 13, 2023
Kansas Sports Betting’s September Results Broke the March Record
Kansas is one of the latest states to launch legal sports betting, expanding the industry’s presence across the United States. A year later, the Sunflower State’s wagering industry continues to grow, as shown by the increased interest in the vertical. The continued growth of sports betting resulted in a monthly handle of $219.3 million in […]
Business
October 13, 2023
Disney Ready to Enter the Sports Betting Arena with ESPN Bet App
Disney is making a significant leap into sports betting by launching the ESPN Bet app next month. While the move has stirred internal debates and concerns, the allure of attracting a younger, predominantly male audience and tapping into the growing sports betting industry has proven too compelling to ignore. The Partnership Leverages Disney and Penn’s […]
Business
October 13, 2023
Mohegan Names Greene as VP of Online Marketing of Digital Division
Casino & hospitality giant Mohegan has reinforced its leadership team with the addition of Guy Greene. The new appointee will serve as vice president of online marketing of the gambling company’s online casino division, helping it expand its footprint. In his new role, Greene will be responsible for enacting the company’s marketing strategies and promoting […]
Business
October 13, 2023
Hofbauer Departs Svenska Spel, Set to Join Telia as CEO in 2024
Swedish state-owned gambling company Svenska Spel announced that it will be parting ways with Patrik Hofbauer, who is set to explore new opportunities. Hofbauer, currently serving as the operator’s president and chief executive, believes that the gambling company is in a good position to continue without him. The outgoing CEO joined Svenska Spel back in […]
Casino
October 12, 2023
A New Casino Project Would Breathe Life into Isle of Man’s Capital
Altostratus Limited, an Isle of Man-based firm, has submitted a proposal for the development of a new casino in the British Crown dependency’s capital. The project would see a new property established at the Middlemarch site in Douglas. Altostratus’ project envisions turning the site into a six-story casino building packed with a gaming space, a […]
Industry
October 11, 2023
The Q2 Results of Ontario’s iGaming Industry Remain Stable
Ontario’s iGaming market remains stable as demonstrated by the market’s unaudited second quarter results. Data from iGaming Ontario shows that players in the Canadian province have wagered a total of $14.2 billion (around USD 10.4 billion) during the period, not counting any promotional wagers and bonuses. For reference, this number represents a slight growth from […]
Business
October 11, 2023
Caesars Entertainment Shares Dip, but Maintains Its Potential
Caesars Entertainment, a leading player in the gaming industry, has seen a 14.37% decline in its shares over the past month, primarily due to recent cybersecurity challenges and concerns about economic headwinds. However, following meetings with Caesars executives at the Global Gaming Expo (G2E) in Las Vegas, Stifel analyst Steven Wieczynski published a report reiterating […]
Business
October 11, 2023
The BetMGM Tie-Up between Entain and MGM Resorts May Not Last Forever
BetMGM is one of the world’s biggest and most influential gambling brands. A joint venture between MGM Resorts International and Entain, the operator continues to expand its global presence in key regulated markets. However, the current 50/50 ownership arrangement between its two parent companies may not be everlasting. During a recent speech at the Global […]
Industry
October 10, 2023
IBIA Joins Forces with IXUP to Improve Integrity in the US
The International Betting Integrity Association (IBIA) has unveiled a partnership with the data security specialist IXUP. As agreed, the two parties will jointly explore products and services that can improve the integrity of the US sports betting market. Under the deal, the IBIA will promote IXUP’s PlayPause encryption matching network to member operators in America. […]
Industry
October 10, 2023
NJ Online Casinos Remain the Biggest Gambling Tax Contributor
The rise of online gambling in New Jersey continues, as demonstrated by the recent revenue results. The vertical continues to be a major tax contributor and, according to a PlayNJ report, has surpassed the taxes produced by the nine Atlantic City casinos for the last three years. For example, data from the NJ Division of […]
