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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 […]
Industry
March 13, 2024
Revised Bill in West Virginia Alters Landscape of Gambling Data Sharing
What began as a legislative initiative aimed at studying problem gambling in West Virginia has evolved into a bill with broader implications for the state’s gambling landscape. The West Virginia Legislature recently approved a bill that not only allows West Virginia University (WVU) to delve into gambling data but also mandates an expansion of educational […]
Lottery
March 12, 2024
Lottery Player Narrowly Misses $511M Powerball Jackpot; Scoops up $1M
A lucky lottery player has won a $1 million Powerball prize after matching five of the six numbers for the drawing on March 9. As reported by the Florida Lottery, the customer matched all five white balls, narrowly missing the huge Powerball jackpot by not picking the correct Powerball number. For reference, the winning white […]
Poker
March 12, 2024
Bill Proposes Pennsylvania to Join the MSIGA
Pennsylvania is one of the US states that offers a lot of different gambling options. Besides brick-and-mortar casino gambling, the state offers online gambling activities, including sports betting, online poker and online casinos. Moreover, visitors and residents of Pennsylvania can enjoy Video Game Terminals, making the state one of a handful with such robust gambling […]
Industry
March 12, 2024
Expert Says North Carolina Online Betting May Boost Gambling Crime
The launch of online sports betting in North Carolina has been hailed by the industry as proponents of gambling have pointed out that the vertical would bring millions of dollars in tax revenue to the state. However, experts are concerned about the industry’s potential negative impact. As reported by WCCB Charlotte, gambling experts say that […]
Business
March 12, 2024
Ainsworth Shareholder Accuses CEO of Devaluating the Company’s Shares
Ainsworth Game Technology’s leadership has been accused of talking down the value of the stock, the Australian Financial Review reported. Shareholders believe that this devaluation, which comes amid the company’s strategic review, might be related to the rumored takeover by Novomatic. For reference, Macquarie was hired to conduct Ainsworth’s strategic review in 2023. The news […]
Industry
March 12, 2024
Wynn Resorts CEO Joins Online Gambling Expansion Debate
Over the last decade, online gambling has been expanding across the globe. In the last five years alone, pushed by the pandemic in early 2020, iGaming activities surged in a number of markets. The temporary closures of brick-and-mortar casinos led many gamblers to the online space. And while some returned, others chose the comfort of […]
Business
March 12, 2024
Standard General Makes Offer to Acquire Bally’s Corporation
Standard General, a New York-based hedge fund, has proposed to acquire the remaining shares of Bally’s Corporation, a renowned casino operator, at a price of $15 per share. This proposition represents a substantial increase of 41% over Bally’s closing share price on March 8, 2024. Standard General’s Ambitious Bid for Bally’s Spurs Investor Optimism Standard […]
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
IGT Announces a Triumphant Return to Nevada
In a strategic move that signals the return of International Game Technology (IGT) to its roots, the company announced it would spin off its land-based and digital businesses, merging them with Everi Holdings. The $6.2 billion deal, expected to be finalized by late 2024 or early 2025, involves the creation of a new entity retaining […]
