Casino
August 31, 2022
Colorado: Easing Gambling Limits Boosts Casinos’ Revenues
Gambling operators in Colorado reported strong results for the fiscal year 2021-22, judging by details released by the Colorado Department of Revenue. But according to a new report, the recent result was positively impacted by raised gambling limits for the state’s three casinos. Colorado Voters in Favor of Lifting Gambling Restrictions Back in 1990, voters […]
Business
August 31, 2022
Paysafe Appoints Sportradar’s Alex Gersh as CFO
Paysafe has appointed Alex Gersh as the company’s new chief financial officer with the man stepping into his new role on October 3. Gersh is a gaming and sports betting industry veteran, having worked as CFO at Sportradar, his most recent position he is now leaving for Paysafe. He has 25 years of industry-related experience […]
Casino
August 31, 2022
Greentube Launches with BetMGM in Michigan
Novomatic’s Digital Gaming and Entertainment division, Greentube, has managed to notch up a further successful partnership in North America with the company launching its dedicated portfolio in Michigan. The partnership includes BetMGM, and the launch was facilitated via Entain Gaming Group’s platform. Michigan Becomes Latest iGaming Jurisdiction for Greentube This makes for a second such […]
Casino
August 31, 2022
Graton Rancheria Donate $3.5M to Construct Roseland Library
The Federated Indians of Graton Rancheria have long been supporting education with its UCLA donations, and scholarship funds and now we can add helping fund a regional library to the list of its generosity’s beneficiaries. Regional Library Project Close to Full Funding The Federated Indians of Graton Rancheria announced it’s made a $3.5 million donation […]
Industry
August 31, 2022
Huge US Sports Betting Turnover Poses Bigger Risk for Financial Crimes
The massive uptake of online gambling activities in the United States since sports betting was legalized in a number of states following a 2018 Supreme Court decision to throw away a ban on sports wagering has raised concerns that criminals may abuse the gambling sector to conduct diverse financial crimes or money laundering. The Massive […]
Casino
August 31, 2022
DraftKings Launches Rocket Game in Pennsylvania
DraftKings is on an innovation trajectory with the company launching an NFT marketplace more than a year ago and now, the company moving on with its Rocket game in Pennsylvania. The Rocket game follows the popular “crash game” mechanic whereby a spaceship tries to gain altitude, increasing your potential payout but running a risk of […]
Business
August 31, 2022
SaharaBets Boosts Payment Experience with PayNearMe’s MoneyLine
SaharaBets has picked PayNearMe’s MoneyLine solution as its new payment settlement option. The solution enables players to make deposits and withdrawals to and from the sports betting platform. Consumers in Arizona may now pick this payment option to settle bets, whether they wish to top up their accounts or withdraw from their balances. SaharaBets Adds […]
Casino
August 30, 2022
Mohegan Recognized by Forbes as the Best Connecticut Employer
Mohegan has been recognized on the “best-in-state employers” list of 2022 by Forbes. Several important aspects were taken into consideration while the evaluation was being made. The Forbes list of best employers was announced on August 24. The Survey Included Samples From 70,000 Americans The survey featured samples from 70,000 Americans that are working for […]
Legal
August 30, 2022
Sports Oregon Proposes Breakout of Sports Betting Monopoly
Sports Oregon, an economic development organization with a wider sports industry representation, including sportswear brands Adidas and Nike, as well as NBA’s Portland Trail Blazers, is pushing for sports betting expansion in the state, reported LSR. Monopoly vs Open Betting Market Arguing that Oregon’s monopoly model is “outdated and short-changes the state in millions of […]
Business
August 30, 2022
Fanatics Boss Confirms Sports Betting Coming Before Year’s End
Fanatics‘ long courtship of sports betting in the United States may finally be fleshing itself out, as company founder Michael Rubin confirmed the news during a podcast interview. Rubin appeared on FanDuel’s podcast The Volume with Colin Cowherd. Yes, Fanatics Will Accept Wagers in 2022 The fact that Rubin has been invited to share the […]
