Sports
August 10, 2022
BetRivers Supports Jai Alai, an Almost Forgotten Sport
From 19 to 21 August, Magic City Jai-Alai in Miami will host the third US National Jai-Alai Championship with the support of online sportsbook operator BetRivers. Over 60 amateur and professional players from all over the country will compete for the $25,000 prize fund. Jai Alai Was on the Verge of Disappearing in the USA […]
Casino
August 10, 2022
New Partial Ban on Smoking in Casinos Rejected by Casino Workers
It’s all or nothing – this is the message Atlantic City casino dealers want to send to lobbies trying to strike a middle ground between anti-smoking and pro-smoking campaigners. The debate has raged with some intensity for a while now, with many casinos fearing that prohibiting smoking on-site on their casino gaming floors will turn […]
Business
August 10, 2022
US Integrity to Provide Compliance Tools to Silver Reef Casino
US Integrity has announced a new partnership with Silver Reef Casino, which is preparing to go ahead with an official rollout of its sportsbook in the state of Washington. The casino, which is owned by Lummi Nation, is located in the northwest corner of the state, and it’s accessible both from Seattle, which is some […]
Casino
August 10, 2022
Table Trac Goes Live with Bighorn and Longhorn Casinos
Table Trac has signed a new partnership to install its advanced CasinoTrac management system at two new locations, to name Bighorn Casino and Longhorn Casino in Nevada. The Minnesotan company will move forward with its solutions on both properties’ gaming floors, making the day-to-day running of the casinos easier and more beneficial for the companies. […]
Business
August 9, 2022
DraftKings Finally Cuts Back on Heavy Ad Spending to Focus on Profits
In February, Boston-based online gaming and sports entertainment company DraftKings expressed its plans to grow its market share for the remainder of the year. Accordingly, its ad spending budget was beefed up considerably during the first quarter. At the end of May, the company signed a multi-market agreement with High 5 Games to strengthen its […]
Business
August 9, 2022
AGS Posts Strong Q2 2022 Results
American Gaming Systems (AGS) has reported that recent investments in key teams have greatly contributed to the company’s rising revenues. The company closed the second quarter of 2022 with 14.6% higher revenues. A Positive Net Income for the First Time in 10 Quarters The gaming experiences provider earned $76.6 million for the period. This number […]
Legal
August 9, 2022
PredictIt Loses USA License, Closes Shop in February
The US Commodity Futures Trading Commission (CFTC) announced on 4 August that PredictIt, the website offering wagers on the outcome of political events, would no longer be able to operate in the country. The platform must completely withdraw from the USA by February 2023. PredictIt Started as a University Research Project The CFTC did not […]
Lottery
August 8, 2022
Treasurer Encourages Legislators to Legalize Online Massachusetts Lottery
On August 1, the Massachusetts House and Senate passed the new bill that would legalize sports gambling in the state’s casinos. The online sports betting vertical was also given the green light by state legislators a few weeks ago. However, things are not looking as promising for the iLottery vertical. At least, not anymore. iLottery […]
Sports
August 8, 2022
DraftKings Unveils Promotions for Kansas Launch
DraftKings, an American daily fantasy sports contest and sports betting company, is preparing for the launch of sports betting in Kansas. The state’s government recently legalized the betting vertical but is yet to launch it officially. The state decided to allow a total of 12 sportsbooks to operate locally and pay a 10% tax. In […]
Business
August 8, 2022
DraftKings’ Q2 revenue rises 57% compared to 2021
Gambling giant DraftKings released the official report on its second-quarter earnings. The company’s revenue and EBITDA exceeded expectations, improving its overall financial forecast for the remainder of the year. DraftKings stocks reacted positively to the news and jumped by nearly 10%. Earnings Exceeded Previous Estimates The gaming operator recorded revenue of $466 million for the […]
