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Camelot UK leads pandemic-fueled digital lottery surge

Digital lottery operator Camelot UK is reveling in a revenue windfall brought on by pandemic-induced lack of competition for most of 2020. H1 sales were in the £1.6 billion range. ... Read more
 

Nevada Gov. reduces casino capacity to 25 percent

Nevada's casinos are barreling towards more chaos as Governor Sisolak orders their maximum capacity to a revenue-crushing 25 percent. How many casinos can survive that? ... Read more
 

Nevada teachers advocate for increased casino tax

Nevada teachers' unions are advocating for a massive increase in casino taxes that would be based on gross-gaming revenue not sales. It's a move that fails to factor in the casinos' catastrophic year. ... Read more
 

Bally's enters US sports betting market with Bet.Works acquisition

Bally's Corporation is betting big on the regulated US sports betting market with its acquisition of Bet.Works, a turnkey betting platform. It's part of a broader plan to diversify the company. ... Read more
 

Reality star's betting tips earns UK advertising regulator's ire

UK reality star Sam Gowland's betting service recommendations did not go over well with his country's advertising regulators. They said everyone involved showed "poor judgement". ... Read more
 

Atlantic City takes another hit with restaurant restrictions

The casinos and restaurants of Atlantic City just can't seem to catch a break as a new wave closures threatens their overall well-being. A 10 p.m. closure mandate is just bad news for AC. ... Read more
 

New Jersey posts another sports betting revenue record

New Jersey's regulated sports betting business continues to shatter its own, very impressive, records with October 2020 topping them all. Sports betting operators took in more than $800 million in wagers. ... Read more
 

It takes money to make money - DraftKings posts $348 million loss

DraftKings is proving the business rule that it takes money to make money by losing almost $350 million over the course of the last quarter. But customer acquisition is an extremely expensive affair. ... Read more
 

GVC Holdings rebranding as Entain

GVC Holdings is re-branding itself as Entain and exiting grey markets in a bid to make itself more marketable in growing regulated markets. It's a move that comes as a surprise to industry watchers. ... Read more
 

UKGC fines Boylesports £2.8 million on compliance issues

The UK Gambling Commission is keeping busy during the pandemic and Boylesports is the latest operator to feel its wrath. Boylesports is on the hook for £2.8 million in fines. ... Read more
 
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