Business
March 14, 2024
GAN Limited’s 2023 Financial Report Shows a Year of Mixed Performance
GAN Limited, a NASDAQ-listed gaming solutions provider, announced its financial results for the quarter and full year ending December 31, 2023. Despite a decline in revenue, the company witnessed a reduction in net loss, reflecting a mixed performance for the year. Revenue Dips 17% with B2B and B2C Segments Showing Declines For the fourth quarter […]
Legal
March 14, 2024
Italian Media Regulator Imposes $1.5M Fine on X Over Gambling Ads
Italian media watchdog, Autorità per le Garanzie nelle Comunicazioni (AGCOM), has levied its first fine of €1.35 million ($1.5 million) against X (Formerly Twitter) for violating regulations regarding gambling advertisements. X Faces Penalty for Breaching Italy’s Dignity Decree The sanction stems from the breach of the prohibition on advertising gambling with monetary winnings or games […]
Business
March 13, 2024
Kindred Highlights Achievements in 2023 Annual and Sustainability Report
One of the world’s leading online gambling operators, Kindred Group, released its 2023 Annual and Sustainability report, highlighting a number of accomplished achievements and upcoming goals. Details regarding the report emerged Wednesday with the company confirming that it has enjoyed exceptional results through the fiscal 2023 year. Following strategic objectives Kindred demonstrated not only financial […]
Business
March 13, 2024
Checkd Group Announces New Digital PR Team
Sports betting media and technology service provider that creates sports betting content and technology solutions for global sportsbooks, Checkd Group, has announced it would boost its media division. The group will create a dedicated digital PR team aimed at improving the organic search performance of its main platforms in North America and the UK. Checkd, […]
Business
March 13, 2024
Betting Handle in Indiana Hits $409 Million for February
Despite the positive impact of the Super Bowl last month, sportsbooks in Indiana posted a month-over-month decrease in betting handle and revenue, data released by the gambling regulator in the state, the Indiana Gaming Commission (IGC) reveals. In February, the total reported handle by licensed sports betting operators in the state was $408.7 million. This […]
Sports
March 13, 2024
Lawmakers Propose Changes to Iowa Sportsbook Regulations
Across the US, nearly 40 states currently offer some form of legal sports betting. While the regulated sector benefits local communities and helps generate funds for different statewide programs, the expansion of wagering on sports raises concerns about the integrity of professional and collegiate competitions. Professional leagues such as the NHL, NFL, NBA, MLB and […]
Sports
March 13, 2024
2024 Food City 500 NASCAR Odds, Time, and Prediction
Last weekend, Christopher Bell kind of surprised bookmakers by winning the race in Phoenix despite being in shared sixth place on the list of favorites. It’s a whole different situation when it comes to the 2024 Food City 500 race. This time, he’s second favorite, just behind Kyle Larson. 2024 Food City 500 Odds Driver […]
Industry
March 11, 2024
Tennessee Sees 13.4% YoY Increase in Sports Betting Handle despite Monthly Decline
Tennessee’s sports betting landscape witnessed a substantial 13.4% year-over-year surge in the handle, reaching $378.2 million in February. While this marks the third consecutive month of decline in the state, the gross handle for February was still 15.6% higher than the same month last year. However, it fell short by 18.8% compared to the $465.8 […]
Business
March 11, 2024
NY State Players Spend $1.77bn on Online Sports Bets in February
Last month, New York announced record-breaking online sports betting revenue for January 2024, continuing its uninterrupted online sports betting revenue records one month after the next. Licensed sportsbooks reached a total sports betting gross gaming revenue of $211.5 million, as officially reported. The February 2024 numbers are in and this is what they look like. […]
Sports
March 11, 2024
Comcast Enhances Xfinity X1 with Sports Betting Features
Comcast has announced its expansion into interactive experiences via a new collaboration. The company teamed up with DraftKings to deliver live odds to Xfinity X1. Customers of the platform will be able to enjoy Xfinity Odds Zone, delivering odds from the leading betting and gaming operator directly on TV, while enjoying live sports events and […]
