Business
May 5, 2023
DraftKings Enjoys 84% Increase in Revenue for Q1 2023
The leading sports betting operator that has a growing presence within the US regulated gambling market, DraftKings, released its latest trading update, outlining details regarding its performance for the first quarter of 2023. Judging by the recent unaudited figures, the company enjoys a stellar start to 2023 with revenue increasing exponentially on a year-over-year basis. […]
Industry
May 5, 2023
White Hat Studios Launches in Connecticut, Expands US Presence
White Hat Studios, a fast-growing provider of iGaming content, has further increased its presence in the US by launching in Connecticut. This will mark the first time its games have been available in the state. GLI cleared more than 60 of White Hat’s games for launch in the state. With a Connecticut license secured, the […]
Sports
May 5, 2023
Safety Concerns Raised After Four Horses Die Ahead of Kentucky Derby
Four horses have died in the week leading up to the Kentucky Derby, sparking concerns about the safety of the sport. Horse Deaths at Churchill Downs Spark Investigation and Suspension The Kentucky Horse Racing Commission launched an investigation into the causes of all four deaths. Two of Saffie Joseph Jr.’s horses collapsed and died without […]
Sports
May 5, 2023
PointsBet Launches New Racing App in Multiple States
PointsBet, a leading sports betting company, has finally announced the launch of its horse racing division, PointsBet Racing. The release comes just in time for the Triple Crown, allowing customers in multiple states to wager on the event. Described as an all-in-one product that will modernize the horse racing experience, PointsBet Racing is powered by […]
Business
May 5, 2023
Xpoint Brings Manu Gambhir as CEO
Manu Gambhir is now the new CEO of Xpoint and he will help with the firm’s growth and broadening its list of partners in the real money online gaming market. Xpoint’s co-founder, Marvin Sanderson, will now refocus his efforts on Xpoint’s business development instead. Xpoint Taps New Company Chief Executive The appointment of Gambhir to […]
Sports
May 5, 2023
Alabama Head Baseball Coach Fired Amid Betting Integrity Scandal
Recently, Alabama Crimson Tide’s 8-6 loss to LSU raised eyebrows, especially considering that Ohio’s gambling regulator received concerning data regarding a “suspicious wagering activity.” The data was provided by the Las Vegas-based independent integrity monitoring company called, US Integrity, which filed a report for the recent baseball game. This led to a temporary halt on […]
Industry
May 5, 2023
US Gambling Regulators Want More Done Against Offshore Sites
The pre-2018 era in sports betting was fraught and somewhat dominated by offshore operators. Since 2018, and the overruling of PASPA by SCOTUS, however, things have been changing rapidly. Today, more than 30 states and Washington DC regulate sports gambling, and offshore operators have been repeatedly targeted by authorities – but not nearly enough. Offshore […]
Industry
May 4, 2023
Prove Identity Selected by FanDuel to Provide Identity Services
Provider of digital identity services, Prove Identity, announced today that its services have been selected by FanDuel Group to ensure a seamless and secure gaming experience for its users. Shared Vision of Player Experience The agreement with FanDuel Group, an industry leader in legalized and regulated mobile sports wagering, marks Prove Identity’s continued growth within […]
Sports
May 4, 2023
Morgan Stanley: Top Five Sportsbook Operators to Grow via Acquisitions
After expressing their belief that gambling in Macau is on the right track for recovery thanks to optimistic 2023 estimates, gambling experts at Morgan Stanley have made fresh speculation on the rising number of sportsbook-related deals that will be sealed in 2023 and beyond. In a note issued to their clients, the analysts working for […]
Casino
May 4, 2023
Caesars Expands Offering with High 5 Games in Pennsylvania
The provider of exciting casino-style games for the online and retail gambling industry, High 5 Games, announced a new partnership, helping it expand its footprint in the regulated gambling market in the US. The developer confirmed Thursday it joined forces with Caesars Sportsbook & Casino, expanding its offering for customers in Pennsylvania. Per the terms […]
