Industry
March 27, 2023
USA Online Sports Betting Expansion May Be Winding Down
Leading Deutsche Bank senior analyst Carlo Santarelli recently released a report on DraftKings, maintaining a Hold rating. He justified his decision with the unfavorable USA expansion conditions, reflecting on the political climate across the States. Santarelli predicted a slowdown in states adopting new sports betting legislation as compounding negative factors stifle progress. Operators Will Have […]
Casino
March 27, 2023
Tilman Fertitta Buying Hard Rock Lake Tahoe Hotel & Casino
Tilman Fertitta’s company owns five Golden Nugget Hotel and Casino properties. Following the transaction’s completion, there are plans to remodel Hard Rock Lake Tahoe into a Golden Nugget, expanding the company’s presence in the Northern Nevada market. The property was last remodeled in 2015 when Paragon licensed the Hard Rock name from the Seminole Indian […]
Legal
March 27, 2023
Bill Proposing Cardroom Expansion Gains Traction in California
The Gambling Control Act of 1997 in California restricted the expansion of cardrooms in the state. After it was extended a few times, it finally expired at the start of this year. Under the Gambling Control Act of 1997, it wasn’t possible for new cardroom licenses to be issued. At the same time, such businesses […]
Business
March 27, 2023
SIS Boosts Esports Growth via Two New Appointments
The fast-growing multi-channel supplier of 24/7 live betting services, Sports Information Services (SIS), announced two senior-level hires Monday. The company unveiled it strengthened its esports division by hiring the services of Aaron St Pierre and Jacob Howard. Joining SIS, Pierre was selected for the role of trading manager, while Howard was appointed esports product manager. […]
Casino
March 27, 2023
White Hat Studios and Caesars Expand Content Alliance to PA
The partnership allows both companies to benefit from their operations in the United States. The supplier will be able to expand its acclaimed titles in one of the fastest-growing iGaming markets in the United States whereas Caesars will grow its footprint with local gamers in the state. Expanding Pennsylvanian iGaming Momentum with White Hat The […]
Industry
March 27, 2023
One in Three Pennsylvanian Gamblers Report Problems
According to the Department of Drug & Alcohol Programs, Penn State University and the Pennsylvania Gaming Control Board, one in 10 Pennsylvanian residents is gambling online. The numbers come as part of a second annual report released by the two institutions as they continue to monitor and map the industry. Increasing Number of Online Gamblers […]
Business
March 27, 2023
Flutter Shareholders to Vote on US Listing Resolution
Global gaming group Flutter Entertainment announced today that its Board of Directors has decided to put to shareholders at the forthcoming annual general meeting (AGM) in April the proposal for an additional share listing in the US. Wide Consultation Showed Strong Support The decision to put to shareholder vote the idea of listing Flutter ordinary […]
Industry
March 24, 2023
GiG Secures Licenses in Maryland and Pennsylvania
Gaming Innovation Group (GiG) has announced that it has successfully secured licenses in the states of Maryland and Pennsylvania. According to the company, it was handed an Online Sports Wagering Operator License in the former state and a full Interactive Gaming Manufacturer License in the latter. GiG explained that the first of the two licenses, […]
Legal
March 24, 2023
Debate on Sports Betting Legalization in Texas Continues
A few years have passed since the US Supreme Court deemed PASPA unconstitutional, allowing states to legalize sports betting under their own rules. Since 2018, when PASPA was struck down, many states have legalized and introduced sports wagering, creating a new stream of tax revenue and establishing competitive markets that also protect the consumers. While […]
Industry
March 24, 2023
Washington DC Mayor Cuts Problem Gambling Services Funding
Sports Handle reported that Washington D.C. has allegedly taken a step back in problem gambling services as the Mayor, Muriel Bowser, seeks to eliminate all funding for the service. Mayor’s Budget Cuts Threaten Progress Against Problem Gambling, Warns Lobbyist Although the Mayor’s office has not made any comments on the motive behind the cut, lobbyist […]
