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Industry
March 28, 2024
US Legal Sports Betting Sector Generates More than $5bn in Taxes
The expansion of sports betting across the United States started back in 2018. At the time, the US Supreme Court ruled the Professional and Amateur Sports Protection Act (PASPA), a law that restricted betting to only a few states, unconstitutional. Since then, for five years, the legalization of betting has been rapidly expanding across the […]
Industry
March 28, 2024
Macquarie Maintains Positive Stance on US Gambling Market
In a recent report, analysts at Macquarie Equity Research have expressed a sense of cautious optimism regarding consumer behavior in the US gambling market. Despite some challenges faced in January, the analysts noted a return to more stable behavior among consumers during February and March. Macquarie Offers Insights from 9th Annual Consumer Bright Ideas Conference […]
Business
March 27, 2024
SSI Becomes a Member of the Oklahoma Indian Gaming Association
Signature Systems (SSI), an award-winning provider of point-of-sale solutions to the casino industry, has joined the Oklahoma Indian Gaming Association (OIGA). Under its membership, the latter company will continue to supply the state’s tribal gaming sector with its PDQ POS product. PDQ POS, which is SSI’s most sought-after product, will empower tribal gaming companies in […]
Sports
March 27, 2024
Largest US Sportsbooks Form ROGA to Fight Off Problem Gambling
The largest online sportsbook operators in the US have created the Responsible Online Gaming Association (ROGA), a group dedicated to the development of responsible gaming practices. The seven iconic brands that will form ROGA are FanDuel, DraftKings, BetMGM, Penn Entertainment, Fanatics Betting & Gaming, Hard Rock Digital and bet365. In a historical move, the companies […]
Poker
March 27, 2024
BetMGM Poker to Host Online Qualifiers for Borgata Spring Poker Open
MGM has selected its BetMGM Poker platform as the exclusive platform for online qualifiers for the Borgata Spring Poker Open tournament. This allows online players to challenge others for a shot at the $4 million event in New Jersey. From April 1, poker enthusiasts will be able to register for the event and join $5 […]
Business
March 27, 2024
Flutter CEO Enjoys Pay Raise after Solid 2023 Results
Earlier this week, the leading gaming and entertainment company recognized across the globe, Flutter Entertainment, posted $11.8 billion in revenue for 2023, signaling a 24.6% year-over-year increase. The company’s finances were impacted positively by its strong performance across the United States, yet Flutter also reported a $1.21 billion net loss. Besides its financial report, the […]
Industry
March 27, 2024
Online Gambling Bill Picks up Speed in Maryland
Unlike sports betting which is available in nearly 40 US states, only several states currently offer legal online gambling activities. Considering such activities are conducted through the internet, many Americans already play slots, live dealer and other iGaming titles online but use the services of operators who hold licenses in jurisdictions outside of the US. […]
Business
March 27, 2024
Tipico Becomes First US Sportsbook to Secure NCPG’s iCAP Accreditation
Tipico, a global leader in sports betting, has secured the National Council on Problem Gambling’s Internet Compliance Assessment Program accreditation (iCAP) in New Jersey and Ohio. The accolade highlights the company’s unparalleled customer protection efforts. The accreditation aligns with the NCPG’s goal to promote safer gambling and the reduction of gambling harm. Its iCAP accreditation […]
Business
March 27, 2024
Moody’s Changes Outlook, Downgrades Rating for Bally’s Corporation
In light of the upcoming redevelopment of Tropicana Las Vegas that would result in the creation of a baseball stadium that will be the home of the popular MLB team, Oakland Athletics, Bally’s announced recently that it held a couple of job fairs, seeking to help Tropicana workers find new employment. Acknowledging that it received […]
Casino
March 27, 2024
Mississippi Reps to Kill Jackson Casino Bill Amid Weak Support
Mississippi gambling enthusiasts are out of luck as Republican representatives decided not to put forward a bill that would have allowed a casino in Jackson. According to them, the bill lacked sufficient support but that doesn’t mean things won’t change in the future. Committee Chair Trey Lamar, who filed the bill Monday, explained that representatives […]
