Business
April 16, 2024
ESPN Bet’s Underperformance Causes Analyst to Lower Penn’s Price Target
In a recent development impacting the stock market, Penn Entertainment saw a downgrade in its price target by Deutsche Bank analyst Carlo Santarelli. The analyst revised the target down to $19 per share from the previous $22, maintaining a “Neutral” rating. This alteration came in the wake of a turbulent trading day where Penn Entertainment’s […]
Casino
April 16, 2024
Virginia’s Bristol Casino Achieves Historic Revenue Milestone
The Bristol Casino in Virginia, US, set to become the Hard Rock Casino, has marked a historic milestone by surpassing its previous revenue records in March, with an astonishing $16.3 million in adjusted gross income. This figure, released in a report by the Virginia Lottery, represents a remarkable 9% increase over its previous best month […]
Business
April 15, 2024
Strive Gaming Onboards Ian Smith as Chief Technology Officer
Strive Gaming, a leading gaming platform provider for North America, has announced the appointment of Ian Smith as its new chief technology officer (CTO). With an illustrious career spanning over two decades in the gaming industry, Smith is the perfect addition to Strive’s management team, enhancing the quality of its offerings and bringing a fresh […]
Casino
April 15, 2024
Maryland Lawmaker Defers Online Casino Bill to 2026
Maryland Sen. Ron Watson announced his decision not to introduce a bill for online casino legalization in 2025. Despite Maryland’s proximity to passing such legislation in 2024, Watson emphasized the necessity of allowing more time for deliberation before revisiting the issue. Sen. Watson Advocates for Patient Approach to Maryland Online Casino Legalization Sen. Watson explained […]
Sports
April 15, 2024
Lawmakers Back UConn’s Pavilion Upgrade Amid Sports Betting Overhaul Talks
In a bid to bolster the University of Connecticut‘s athletic infrastructure and reshape sports betting laws, lawmakers are set to approve significant funding and regulatory adjustments. The discussions, held on April 10, saw enthusiastic support from both sides of the aisle for the proposed measures. State Legislators Lean Towards Approval of UConn’s $100M Pavilion Enhancement […]
Industry
April 12, 2024
IGT Mints Four New Millionaires in March
International Game Technology (IGT), a global leader in the provision of gaming content and technology, announced that its Wheel of Fortune and Powerbucks slot games have awarded four life-changing jackpots in March alone. In total, IGT’s slot games handed jackpots totaling more than $5 million in March, according to the company’s official announcement. The first […]
Sports
April 12, 2024
Tilman Fertitta Unveils Vision for NHL and WNBA Franchises in Houston
The sports landscape in Houston could be in for a significant shake-up as Rockets owner Tilman Fertitta expresses serious interest in bringing both NHL and WNBA franchises to the city. Fertitta Envisions NHL and WNBA Franchises in Basketball-Loving City In an exclusive interview with CNBC’s “Power Lunch,” Fertitta revealed his ambitions, stating that he would […]
Sports
April 12, 2024
CFG Report Exposes $4.3B Illegal Betting Surge in March Madness
The Campaign for Fairer Gambling (CFG) has disclosed staggering figures regarding illegal betting activities during the NCAA Men’s & Women’s March Madness Basketball Tournaments. CFG Report Reveals Social Media’s Role in Illicit Betting According to a comprehensive analysis conducted by online marketplace intelligence specialists YieldSec, commissioned by CFG, a colossal $4.3 billion was wagered illegally […]
Sports
April 11, 2024
Study Reveals Troubling Link Between Sports Betting and Binge Drinking
A recent study has shed light on a concerning trend among sports bettors in the United States: a higher likelihood of binge drinking compared to non-gamblers or those who do not wager on sports. Study Shows Sports Bettors 1.9 Times More Likely to Binge Drink The study, conducted by researchers from the University of Nevada, […]
Casino
April 11, 2024
Tri-Cities Anticipates First Tribal Casino Proposal
The Tri-Cities region is on the brink of a significant development as the Confederated Tribes of the Colville Reservation move forward with plans for the area’s inaugural tribal casino. With the project now entering a pivotal phase of federal approval, new insights into its scope and potential impacts are emerging. BIA to Host Virtual Meeting […]
