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Business
May 17, 2024
FanDuel Dominates US Market Share in April, JMP Confirms
There are two leading betting and gaming operators that compete for the top spot across the United States. An overwhelming majority of nearly 40 US states offer some form of betting and competition between FanDuel and DraftKings for the top spot has never been greater. Cumulatively, the duo holds a significant share of approximately 80% […]
Business
May 17, 2024
AGT Parts Ways with CTO Bollesen with Immediate Effect
Ainsworth Game Technology (AGT) is parting ways with David Bollesen, its chief technology officer. The news was confirmed on May 16 in an official ASX announcement. The Australian Exchange filing noted that Bollesen is departing from the company “on mutual agreement, with immediate effect.” The company acknowledged his contributions and expert input and wished him […]
Casino
May 9, 2024
Internet Casino Gambling in the US Gains Momentum Despite Challenges
Internet casino gambling in the United States has a bright future ahead, according to industry experts and executives, who participated in this year’s SBC Summit North America. Despite a range of obstacles that are currently thwarting its expansion and concerns regarding its impact on brick-and-mortar casinos, the overall sentiment from the industry is positive. Industry […]
Business
May 7, 2024
Ainsworth Adds Legal & Compliance Heavyweight to Its Team
Ainsworth Game Technology (AGT), a leading manufacturer and supplier of gaming machines, software and gaming equipment, has strengthened its leadership team with the appointment of Nancy Ramirez Ayala. The new hire will join AGT’s team as SVP, general counsel and group compliance officer. Ayala brings robust expertise in the iGaming sector to the team. Well-versed […]
Business
May 2, 2024
Rush Street’s Q1 Report Highlights Improved Revenue and Reduction in Losses
Rush Street Interactive (RSI), a leading American online casino and sports betting company, has published its quarterly report for the period ended March 31. The company reported a significant increase in revenue and significantly narrowed its losses. For context, Rush Street reported Q1 revenue of $217 million, up 34% year-on-year from the $162.4 million reported […]
Industry
April 19, 2024
Delaware Sports Betting and iGaming Surge in March
March proved to be a momentous month for Delaware’s gambling industry, with consumer spending on sports betting skyrocketing by an astonishing 440.0% year-on-year, reaching $18.9 million. This remarkable surge significantly surpassed the $3.5 million spent in March of the previous year and marked a substantial 37.0% increase from February’s handle of $13.8 million. Sports Wagering […]
Industry
April 12, 2024
Delaware Bill Could Usher in a Competitive Online Betting Market
Delaware lawmakers are seeking to expand the state’s online wagering sector and make it more competitive. Under House Bill 365, the state’s casinos would be able to partner with multiple online partners. The measure was introduced by State Reps. Franklin Cooke and William Bush who argue that a competitive market would generate more state revenue. […]
Business
March 28, 2024
Evolution Teams Up with Rush Street, Forays into Delaware
Evolution, a leading provider of B2B solutions and live casino, has made a foray into Delaware thanks to a partnership with Rush Street Interactive. Under the agreement, the former company will supply content to the Delaware Lottery and its three online casinos. As per the agreement, Evolution will inject proprietary content into BetRivers’ operations in […]
Business
March 22, 2024
Rush Street Reportedly Eyes Sale, Reaches Out to DraftKings
Rush Street Interactive, one of the gaming groups in North America, is reportedly considering a potential sale amid a strategic review of its business. Anonymous sources also told Bloomberg that the operator has contacted a number of influential companies who could be potential buyers, including DraftKings. Rush Street, through its numerous brands, offers casino gaming […]
Business
March 13, 2024
Inspired Supplies Virtual Sports to BetRivers New Jersey
Inspired Entertainment, a leading business-to-business provider of gaming content, systems and solutions, has joined forces with Rush Street Interactive. This New Jersey-oriented partnership will see the former company supply its new client’s BetRivers brand with its best-in-class Virtual Sports content. As a result, BetRivers players will get to try out Inspired’s renowned Virtual Sports games […]
