Industry
August 4, 2022
PENN Entertainment Posted Q2 2022 Results, Changed Name
Penn National Gaming released its report reflecting the company’s performance in the second quarter of the year and announced its new name, PENN Entertainment. Net Income Sank PENN reported $1.63 billion in revenue for the three months ended June 30, 2022, to post an increase of 5.2% compared to $1.55 billion in second quarter 2021 […]
Industry
August 4, 2022
Bally’s Reported Q2 2022 Results, Revised Full Year Guidance
Hospitality, gaming and entertainment company Bally’s Corporation released today its financial results for the second quarter of the year posting 106% growth in revenue year-over-year. Revenue more than Doubled For the three months ended June 30, 2022, Bally’s Corporation generated revenue of $552.5 million to more than double the $267.7 million the gaming and entertainment […]
Casino
August 4, 2022
Proposition 27 Poll Shows High Voter Awareness & Low Support
Proposition 27, the online sports gambling proposition funded by out-of-state corporations to legalize online and mobile sports betting in California, has been the subject of a poll by the Yes on 26/No on 27 campaign. The poll’s results were summarized by FM3 Research, one of the state’s biggest ballot measure polling firms. According to the […]
Casino
August 4, 2022
New York Can Rake $400M in Annual Tax from iGaming, Report
A newly released report estimates that New York State may benefit from approximately $400 million in annual tax revenue if lawmakers decide to legalize internet gambling. New York Is Losing Tax Revenue without Legalized iGaming Activities The white paper was commissioned by Light & Wonder but compiled by the leading provider of regulatory intelligence to […]
Casino
August 4, 2022
4ThePlayer Gains Transactional Waiver in New Jersey
4ThePlayer.com, an innovative iGaming developer, has released a new market communication in which the company detailed that it has received a transactional waiver to go live in New Jersey. The permit, which comes from the New Jersey Division of Gaming Enforcement, will enable the company to roll out its products on some of the top-tier […]
Sports
August 4, 2022
Caesars and Memphis Grizzlies Sign Multi-Year Partnership
Caesars Sportsbook has been confirmed as the new partner for the Memphis Grizzlies, a National Basketball Association (NBA) franchise. The two partners revealed details about their multi-year collaboration which will see Caesars promoted as an Official Sports Betting Partner to the Grizzlies. Caesars Now Official Betting Partner for Memphis Grizzlies This will result in dedicated […]
Industry
August 3, 2022
Better Collective Signed Partnership with The Chicago Tribune
Sports betting media group Better Collective announced today it has entered into a partnership with The Chicago Tribune to complement the offering of the leading source of news and information in the Midwest with betting content. Deliver Engaging Sports Betting Content The new agreement between Better Collective and Chicago Tribune will see the sports betting […]
Business
August 3, 2022
FanDuel Group Appoints Andrew Sneyd as Executive Vice President of Marketing
At the beginning of July, FanDuel decided to stop describing its products as “risk-free”, but instead use the “no sweat” term. Just a few days after, the fantasy sports, casino, and sports betting operator hired a marketing agency to help its brand gain more visibility in the context of the growing online casino gaming vertical. […]
Sports
August 3, 2022
OddsJam Acquires OddsBoom to Consolidate Foothold in the US Betting Market
OddsJam has announced that it has completed the acquisition of OddsBoom, an odds comparison platform. As a result, the company continues to build its expansion and consolidates its status as a premium content and data provider for the regulated sports betting vertical. OddsJam has Completed the Acquisition of OddsBoom The acquisition comes with a quick […]
Casino
August 2, 2022
IPI Not Out of the Woods, Piling Debts May Cost License
The Commonwealth of the Northern Mariana Islands (CNMI)’s casino regulator, the Commonwealth Casino Commission (CCC), revealed in a meeting late last week the full extent of Imperial Pacific International (IPI)’s financial troubles, reported Marianas Valley. Obligations Continue to Grow The CCC broke down all of IPI’s outstanding obligations to the CMNI government and showed that […]
