Business
July 6, 2021
Racial Equity Enters the Sports Gambling Discussion in Massachusetts
As Massachusetts lawmakers still try to figure out how and when to introduce a legal sports gambling market, a new legislative initiative is underway to expand how the market works. Two bills have been filed – one in the House and one in the Senate – that would create better racial equity, allowing more commercial […]
Industry
July 6, 2021
EveryMatrix Is Now a Member of the World Lottery Association
The World Lottery Association (WLA) is one of the largest member groups in the global gaming industry. It has hundreds of members from around the world, including state-authorized lottery and sports gambling operators, lottery suppliers and much more, with participation from entities found on all continents. It has been around since 1999 and continues to […]
Casino
July 5, 2021
PlayStar Casino Secures Pennsylvania iGaming Market Access
PlayStar Casino signed a multi-year partnership deal with casino giant Caesars Entertainment to gain market access in Pennsylvania ahead of its upcoming debut in New Jersey. Double Addressable Market The agreement between PlayStar Casino and Caesars will allow the iGaming brand to double its addressable market by way of population and gross gaming revenue when […]
Business
July 5, 2021
Nevada: Business on the Rise, COVID-19 Cases Increase
Nevada has gradually lifted COVID-related restrictions. This led to an increase in business volumes and gambling venues have even recorded higher revenue this May when compared to May 2019. However, with business picking up, recently, COVID-19 cases have increased, as well. Nevada on the Way to Economic Recovery Last month, a report released by UNLV’s […]
Business
July 5, 2021
Genius Sports Granted West Virginia Sports Betting License
Sports betting data and media group Genius Sports announced last week it received a permanent sports wagering license from the state regulator in West Virginia. Permanent Sports Wagering Permit Following the decision from the West Virginia Lottery Commission, Genius Sports, which stands at the vanguard of the wagering industry in the US while state regulators […]
Casino
July 5, 2021
Voters to Decide on $325m Casino in Slidell Area
On November 13, voters in St. Tammany Parish, South Louisiana, will have to decide if they want a casino development worth $335 million to be built in the Slidell area. Voters Will See the New Measure on the Ballot in November After a long public debate last Wednesday, the St. Tammany Parish Council in Louisiana […]
Industry
July 5, 2021
Sahara Las Vegas Shooting Twist as Victim Is Due In Court
A man, seriously injured during a shooting incident at Sahara Las Vegas hotel casino on June 27, is now in a detention center with charges against him for choking his ex-girlfriend. The Victim Assaulted His Ex-girlfriend Two men were shot in Las Vegas, on Sunday, June 27, in two unrelated incidents, as one of the […]
Industry
July 2, 2021
Virginia Surpassed $1B after 4 Full Months of Sports Betting
Virginia became the latest US jurisdiction to surpass the $1 billion threshold in sports betting revenue since its inception, the monthly report released by the Virginia Lottery revealed, while month-on-month wagering on sports continued to decline in May. Higher than Industry Average Operator Margin The report showed licensed sports betting operators in Virginia generated $227 […]
Industry
July 2, 2021
MGM Buys Half of CityCenter and Strikes a Deal for Aria and Vdara for $3.89B
MGM Resorts International is taking over. It has announced that it will pay Infinity World Development $2.12 billion for a 50% interest in CityCentre, giving it 100% control of the property. The deal will reportedly give the property a valuation of $5.8 billion. Surprising News at a Surprising Time Some real estate market experts are […]
Industry
July 2, 2021
Possible Delays to New York’s RFA and Sports Betting Rules and Regulations
The deadline for the Request for Applications by the New York Gaming Commission might not come for two weeks. RFA’s Date Was July 1, 2021 The Request for Applications (RFA) by the New York Gaming Commission (NYGC) was due out yesterday evening (Thursday). According to unidentified sources speaking to Sports Handle, it could be delayed […]