Industry
June 29, 2021
Betway Lands in Pennsylvania under the Watchful Eye of Gaming Regulators
Betway is ready to add Pennsylvania to its growing US portfolio. It only has to pass what should be a simple test before it can declare victory, and that test is now underway. If everything goes well, the company will bring an online sportsbook and an iGaming platform to the Keystone State, ready to take […]
Business
June 28, 2021
Gambling.com Prepares to Go Public and Boost Its Business
Digital marketing services provider for the global, regulated gambling industry, Gambling.com Group, is planning to launch an initial public offering round on the NASDAQ stock exchange. For now, the group’s intentions haven’t been detailed. Gambling.com Readies Up for the IPO Gambling.com Group has already presented a registration statement to the Securities and Exchange Commission in […]
Sports
June 28, 2021
Punters Looking to Score Big by Betting on Montreal Canadiens Winning Stanley Cup
Although pre-season odds for Montreal Canadiens winning the Stanley Cup hit +2,000, +3,000, now, the odds have changed, as the team is four winning games away from winning the competition. Some sports fans that are into re-selling betting slips now have a great opportunity to go home with a big prize, if the team wins […]
Legal
June 28, 2021
New Jersey Lawmakers Approve Fixed Odds Horse Race Wagering
Members of the state Senate and General Assembly in New Jersey voted to approve unanimously fixed odds betting on horse races and leave final legalization to Gov. Phil Murphy’s signature. Expanding Wagering Options for Horse Racing Bettors The bill, introduced by Republican Assemblyman Ronald Dancer and Democrat Assemblyman Ralph Caputo, is expected to allow bettors on horse racing in the Garden State to see an expansion of wagering […]
Legal
June 28, 2021
PA PID and PAHBPA Revenue Sharing Dispute Referred to Court
An ongoing dispute between Presque Isle Downs and Casino (PID) and the Pennsylvania Horsemen’s Benevolent and Protective Association (PAHBPA) saw a federal lawsuit filed by the racino operator in the US District Court of Eastern District of Pennsylvania. Lawsuit to Counter PAHBPA Claims The civil complaint filed by PID Thursday seeks to block allegations from PAHBPA stated in a 2020 […]
Industry
June 28, 2021
Illinois Officials Approve Temporary Hard Rock Casino for Rockford
Rockford, a city in Illinois about 90 miles west from Chicago, is one step closer to opening a Hard Rock Casino. Construction of the new casino may commence this week, according to Senator Dave Syverson. The location, which formerly served as a convention center and restaurant, is owned by a family who was initially part of […]
Casino
June 28, 2021
Two Men Shot in Las Vegas on Sunday, One of Them Killed
Man Killed at Bar on the Strip A fatal incident occurred at a bar on the Las Vegas Strip on Sunday. The case is seemingly unrelated to the earlier shooting at the Sahara. The incident happened inside PT’s Place at Decatur Boulevard near Charleston Boulevard. The shooting took place at 3 AM and, according to […]
Industry
June 28, 2021
Analysts: RWLV Launch Might Be Sign Genting Plans a US IPO
Resorts World Las Vegas (RWLV) marks the first casino resort in Las Vegas that is owned and operated by a Malaysian company and it is getting off to a good start. It only opened last week, but is already a standard fixture among the high-end properties in Sin City. The company behind the project, Genting […]
Industry
June 28, 2021
Encore Boston Harbor Legal Battle over Property Value Comes to an End
Ever since Encore Boston Harbor casino in Massachusetts opened a few years ago, it has been embroiled in one legal battle after another over the property. However, the Wynn Resorts-owned property has almost always managed to emerge on the winning side of the fight. It has done so one more time, thanks to a judge’s […]
Business
June 25, 2021
Penn National Gaming Projects Q2 Revenue to Stand at $1.5bn
The announcement comes after the operator unveiled the launch of a $400 million private debt offering for general corporate purposes. Penn Announces $400M of Senior Unsecured Notes Penn National Gaming expects revenue for the period April-June 2021 to range between $1.45 billion and $1.55 billion, which corresponds to an 18% increase compared to Q1. The […]