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Sports
August 30, 2021
Simplebet Secures $30m from Jake Paul’s Anti Fund
Only days after breaking ground with DraftKings and introducing a micro-betting market for the platform, Simplebet has posted another piece of big news. The company has secured $30 million in additional funding from the Anti Fund, an investment vessel associated with Jake Paul and Geoffrey Woo. Paul, who started as a controversial lifestyle Twitch and YouTube streamer, has switched to […]
Casino
August 30, 2021
Oaklawn Racing Casino Resort Increases Salaries for Vaccinated Employees
As vaccination efforts have been going at full bore in the US, most businesses have fallen in line with a pro-vaccination stance. While few have discriminated outright against unvaccinated employees, the benefits for those choosing to vaccinate have increased. Oaklawn Racing Casino Resort is one of the gaming businesses that seeks to encourage the type […]
Industry
August 30, 2021
WynnBET Enters Arizona, Regulator Allocates Event Wagering Licenses
Under a strategic agreement with the San Carlos Apache Tribal Gaming Enterprise, WynnBET entered the regulated market in Arizona on Friday last week. On the same day, the state regulator revealed that it had granted 18 event wagering licenses. The Arizona Department of Gaming also launched fantasy sports contests on Saturday, August 28, 2021. WynnBET […]
Sports
August 30, 2021
NFL’s Acceptance of Gambling Gets It $270m in Projected Revenues
The National Football League announced that it expects its revenue from deals with betting operators and casinos to reach around $270 million for the year. This number may swell to as high as $1 billion by the end of the 20s, according to NFL’s vice president, Christopher Halpin, who detailed the developments for the Washington Post. Warming Up Towards Sports […]
Sports
August 30, 2021
Ak-Chin Indian Community Teams up with Fubo Gaming in Arizona
The Ak-Chin Indian Community has become one of the latest to enter the upcoming sports betting industry in Arizona. The tribe has secured the necessary license, which will allow it to expand its current product offering beyond casino gambling and feature mobile sports betting anywhere in Arizona. As part of this license agreement, the Ak-Chin Indian Community has reached […]
Legal
August 30, 2021
Yavapai-Prescott Indian Tribe Challenges Arizona’s Sports Gambling
As Arizona draws closer to an official launch of its sports gambling industry on September 9, not everyone is happy with the arrangement. In fact, the Yavapai-Prescott Indian Tribe, operating the Bucky’s and Yavapai casinos in Prescott, is one to put up a legal fight against the current arrangement that is soon to mandate sports gambling laws in the state. According to […]
Esports
August 30, 2021
Esports Entertainment Group Inks a Partnership with Indianapolis Colts
Online esports entertainment and gambling company Esports Entertainment Group is expanding its presence by inking a partnership deal with the Indianapolis Colts – a team from the National Football League. Indianapolis Colts Shake Hands With Esports Entertainment The agreement has been signed for the next few years. As per the deal, Esports Entertainment Group will now become Indianapolis Colts’ official […]
Casino
August 27, 2021
Caesars Increases Its Stake in Horseshoe Baltimore With a New Deal
Nevada-based casino and hotel company Caesars Entertainment is now the owner of 76% of the Horseshoe Baltimore casino, following a recent deal where Caesars acquired a minority interest from an undisclosed joint venture partner. Caesars Now Owns 76% of Horseshoe Baltimore Although Caesars didn’t comment on the monetary aspect of the deal, it did announce […]
Business
August 27, 2021
NASDAQ-Listed Gambling.com Group Released First Public Report
Gambling.com Group, which recently listed on the NASDAQ exchange, released its second quarter operating and financial results for the three months ended June 30, 2021, posting $10.4 million in revenue. Gambling.com Sees Revenue Growth The first public report of the provider of marketing services for the online gambling industry since its listing on the NASDAQ […]
Casino
August 27, 2021
Golden Nugget Doubles Revenue in First Half of 2021
Golden Nugget’s revenue for the first half of 2021 is up 49.6% to $1.577bn, compared to $1.054bn during the first half of 2020. Golden Nugget Continues Momentum From 1Q2021 Land-based casino operator Golden Nugget has experienced an almost double annual increase in its revenue in H1 2021, according to the company’s financial results. Total revenue for the first half […]