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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 […]
Industry
April 24, 2024
Saracen Casino in Arkansas Supports Online Gambling Expansion
After the statewide expansion of sports betting, online gambling is also gaining speed across the country. Although the two are difficult to compare, at least for the moment, considering that iGaming is available in several states while legal betting is legal in nearly 40 US states, there’s plenty of interest in legal online gambling. Currently, […]
Industry
April 23, 2024
Weak Q1 Betting Results Hindered iGaming’s Contributions, JMP Says
JMP Securities analysts say that iGaming in the United States remains on the rise. The online casino industry’s successes, however, were offset by the suboptimal performance of the US sportsbooks, the financial services company added. As reported by Next.io, JMP Securities’ experts recorded strong trends in betting handle during the first quarter of the year. […]
Industry
April 22, 2024
New Bill Proposes Regulation of Online Gambling in South Africa
For three decades the African National Congress (ANC) has dominated the political scene in South Africa. This enabled the party’s majority to reject or approve different bills, making it difficult for the opposition to push for change. Yet, ahead of the upcoming national and provincial elections at the end of May, the Democratic Alliance (DA), […]
Industry
April 22, 2024
Study: Online Ads Blur the Lines between Gaming and Gambling
GambleAware, the United Kingdom’s leading gambling harm treatment charity, has published a new report that highlights children’s exposure to gambling ads. The study was carried out by CultureStudio Research, Family Kids & Youth and Sherbert Research and sampled children and young people between the ages of 7 and 25 and their families. The Qualitative Research […]
