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Paddy Power Betfair Diving into US DFS Market with DRAFT Acquisition

Paddy Power Betfair is diving into the US daily fantasy sports market with the $19 million acquisition of a US DFS outfit called DRAFT. The question now is whether they can compete with Draft Kings and FanDuel? ... Read more
 

2017 Kentucky Derby Betting Hits All-Time High

Rainy weather did not put a damper on Kentucky Derby betting, which hit an all-time high of $139 million. Much of that wagering was done online. ... Read more
 

MGM Set to Enter New Jersey Online Gambling Market

MGM Resorts is getting ready to dip its toes in the New Jersey online gambling market with the launch of the GVC-powered playMGM brand. The operation is set to launch later this year. ... Read more
 

Atlantic Club Casino Sale Blows Up, Leaving More Empty Atlantic City Boardwalk

A deal aimed at turning the derelict Atlantic City Club casino into a huge water park has fallen apart. This leaves a huge hole on the city's struggling boardwalk. ... Read more
 

Legalized Sports Betting in the US, Will it Happen Under Trump?

Could Donald Trump be the man to end the US sports betting ban or is that just wishful thinking from a wager hunger American public? Either way, the discussion is definitely changing and reform could be near. ... Read more
 

Surprise! Nevada is America's Most Gambling Addicted State

Surprise, Nevada remains the US State with the most gambling addicts after some serious competition from an underdog called South Dakota. Overall, about two percent of Americans are addicted to gambling, according to a new study. ... Read more
 

Aussie Stakeholders React to Sports Betting Ad Ban

Aussie operators and sports betting stakeholders are reacting to a proposed ban on live sports betting ads and they're ready for a fight. But will their protests be enough? ... Read more
 

Pennsylvania Casinos Post Record Revenue for March '17

Pennsylvania's regulated casino gambling industry posted its best month ever in March 2017. While that's great for the Keystone State, it could be bad news for Atlantic City. ... Read more
 

PlayON Secures Spot as Official NBA Daily Fantasy Sports Operator

PlayON Sports has signed a deal with the NBA to become its official daily fantasy sports operators for international markets. The deal is a major blow to DFS giants FanDuel and DraftKings. ... Read more
 

IGT Selling DoubleDown Social Casino for $825 million

IGT is selling its DoubleDown Social Casino to DoubleU, a Korean social casino company, for a whopping $825 million. IGT purchased DoubleDown in 2012 for a mere $500 million. ... Read more
 
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