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Industry
May 8, 2024
DraftKings Casino Handed Millions in Jackpots in April
The DraftKings Network has published information about the biggest DraftKings Casino jackpot winners in April. By the end of the month, the operator had handed a total of 18 jackpots of over $100,000. The jackpots were won by people in a variety of states engaging in different forms of gambling, such as virtual tables and […]
Business
May 7, 2024
Catena Media Reports Underperformance Amid Management Changes
The performance-based online marketing company that caters to the iGaming and betting sectors, Catena Media, released its latest financial report Tuesday. The company disclosed its interim report covering the period between January and March 2024, revealing unsatisfactory results, pointing to year-over-year decreases in a number of operating segments. Per Catena’s new report, revenue from continuing […]
Industry
May 7, 2024
Australians Favor Age Verification for Pornography, Gambling, Says Poll
Gambling is identified as a serious public health issue in Australia. Known as the world’s biggest losers, Aussies lose hundreds of thousands of dollars daily, making the losses hundreds of millions on a monthly basis and billions annually. Understanding the significant impact gambling has on society, the country’s government is considering changes to the gambling […]
Industry
May 6, 2024
Illinois’ iGaming Bills Are Yet to Gain Traction
The Illinois legislative session has failed to advance the state’s iGaming efforts so far but not all hope is lost. With three weeks left in the session, there is still time for HB2239 to make progress. Sponsored by Rep. Edgar Gonzalez, the bill seeks to legalize online casino gaming and allow the state to capitalize […]
Business
May 3, 2024
DraftKings Reports Impressive Q1 2024 Financials, Raises Guidance
DraftKings Inc. has announced its financial results for the first quarter of 2024, posting robust revenue growth and providing an optimistic outlook for the rest of the year. The company also shared updates on its business performance and strategic prospects as it hopes to further capitalize on the spread of regulated sports betting and iGaming […]
Business
May 2, 2024
Online Gambling GGY in UK Rises in Latest Quarter but Retail Slows
The gambling regulator in the UK, the Gambling Commission, published its most recent data, uncovering insights regarding the number of bets, revenue and performance of the market for quarter 4 of the financial year 2023 to 2024, or the period between January and March. The latest data was compared year-over-year to quarter 4 of 2022 […]
Industry
April 30, 2024
Maine Official Warns of Regulated iGaming’s Potential Harms
As Maine’s Legislature rejected the notion of introducing regulated iGaming to the state, Steve Silver, chair of the Maine Gambling Control Board, voiced concerns regarding the potential negative impacts if the move had succeeded. He highlighted examples from other jurisdictions, urging lawmakers to consider whether their decisions can have unintended consequences. Problem Gambling Is an […]
Business
April 30, 2024
Sharp Gaming Migrates to Betfred, Rebrands to Betfred Technology
Sharp Gaming is a technology developer focusing on the gambling sector which launched seven years ago. Since then, the developer has benefitted from more than £100 million ($125.2 million) in funding from Betfred’s chairman, Fred Done, culminating with the absorption of Sharp Gaming by Betfred. The strategic migration was completed last week and as a […]
Industry
April 26, 2024
Hard Rock to Pursue Online Casinos in Case of Favorable SC Decision
If the legality of its online sports betting model is confirmed by the US Supreme Court, the Seminole Tribe will likely begin to pursue Florida iCasinos. The statement was made by Jim Allen, Hard Rock International’s chairman who is also Seminole Gaming’s chief executive officer, during the East Coast Gaming Congress held last week. Floridians […]
Industry
April 25, 2024
Gaming Companies Should Be Vigilant as DDoS Attacks Increase, NETSCOUT Says
NETSCOUT, a provider of digital business services against disruptions in availability, performance, and security, has published its DDoS Threat Intelligence Report for 2023. The report highlights the dangers distributed denial-of-service attacks pose to the digital landscape. NETSCOUT reminded readers that DDOS attacks are not a hypothetical scenario but a real and growing threat. In 2023 […]
