Lottery
February 20, 2023
Nevada May Be Looking into State Lottery Options Soon
Now, this may be changing as a Nevada lawmaker believes a state-backed lottery could help bring more money for important sectors, such as mental health programs for youths. Assemblyman CH Miller has pitched an amendment to the constitution hoping that he could gather sufficient legal momentum and turn his proposal into a reality. To succeed, […]
Industry
February 17, 2023
Colorado Regulator Head Dan Hartman Retires after a Successful Tenure
Hartman was in charge of the regulator when the Centennial State officially introduced legal sports betting in May 2020. His tenure was notable for a level-headed and pragmatic approach, focusing on dialogue with operators and responsible gaming initiatives. Hartman was generally content with the organization’s accomplishments, noting it had more or less mastered the fundamentals. […]
Casino
February 17, 2023
Kambi to Deliver On-Property Solutions to del Lago Resort & Casino
Supplier of sports betting technology and solutions Kambi Group announced today it has signed an agreement to provide del Lago Resort & Casino in Waterloo, New York, with its on-property sportsbook solution. New On-Property Partner The agreement between Kambi and the land-based casino owned and operated by horse racing and entertainment operator Churchill Downs Incorporated […]
Industry
February 17, 2023
PENN Completed Barstool Sports’ Remaining Share Acquisition
Casino gaming and sports betting company PENN Entertainment announced the completion of its previously announced acquisition of the remaining share of Barstool Sports for approximately $388 million. ‘Powerful Media with Authentic Voice’ The acquisition of the remaining interest in Barstool Sports completed the second stage of the acquisition of the sports media brand in which […]
Lottery
February 17, 2023
Powerball Named NASCAR’s Official Partner, Official Lottery Game
Car racing series NASCAR announced in a press release that it has gained a new partner after signing an agreement with Powerball, the nation’s lottery game inspiring millions with a chance to become a millionaire. Shared Goals Powerball, the lottery game which minted a billionaire last year and has been raising billions for good causes, […]
Business
February 17, 2023
Continent 8 Launches iGaming Community Cloud Offering in Ohio
The announcement about the latest achievement came Thursday and sees the company become the first provider of iGaming Public Cloud offering. This marks a major step for Continent 8, considering the strong potential of the regulated online and mobile sports betting market in Ohio. In fact, media reports confirmed that over the New Year’s weekend, […]
Business
February 17, 2023
DraftKings CEO Hails Strong 2022 and Predicts Stronger 2023
In a letter to DraftKings’ shareholders, the CEO and co-founder acknowledged that the company enjoyed a stellar 2022. He pointed out that for the fiscal year 2022, DraftKings’ revenue hit $2.2 billion. This result represented a significant 73% year-over-year increase. What’s more, the revenue result even surpassed the expectations of $1.85 billion to $2 billion […]
Business
February 17, 2023
BetMGM and Aristocrat’s Anaxi Join Forces in Strategic Partnership
On February 16, it was announced that sports betting behemoth BetMGM has formed a strategic partnership with Anaxi, the online Real Money Gaming business of Aristocrat. BetMGM and Anaxi Executives Thrilled about the New Partnership Cath Burns, Executive Vice President of Anaxi, expressed her excitement about the new collaboration: “We are thrilled to be collaborating […]
Blockchain
February 17, 2023
Charlie Munger Slams Crypto, Calls it “Stupid Gambling”
Cryptocurrency is a modern phenomenon that has captured the hearts of many people within the gambling industry and beyond. However, recent events have disheartened many crypto enthusiasts and now not everyone is convinced of the potential of cryptocurrency and blockchain technology. Billionaire Charlie Munger for one definitely isn’t. Munger Says Crypto Is “Worthless Shit” During […]
Industry
February 17, 2023
Nebraska Casinos Yet to Impact Charitable Gambling
Nebraska is trying out casino gaming, which people believed would hurt charitable gambling initiatives. Luckily, this doesn’t seem to be the case, at least as of now, Nebraska Examiner reported. Charitable gambling verticals gained a new competitor in September when Nebraska’s first legal casino, the WarHorse Casino, opened its doors. The venue is currently operating […]
