The US gambling industry is currently undergoing a metamorphosis the likes of which its never seen before. Since the Supreme Court overturned the Professional and Amateur Sports Protection Act of 1992 (PAPSA), opening the door to regulated sports betting, the entire gambling world has been in transition. Nowhere has this change been more visible than…
2021 was the best year ever to run a regulated US gambling operation. According to the American Gaming Association's (AGA) Commercial Gaming Revenue Tracker, US-facing operators took in a record $53 billion worth of revenue for the year. Last year's massive number goes a long way towards blacking out the grim results of Covid closures…
Standard General, a New York hedge fund, is offering $2 billion to purchase Bally's Corp. The investment outfit already owns 21 percent of the company's stock and is offering a hefty premium on the remaining shares. Shares of Bally's Corp soared on Tuesday as word of Standard General's offer made its way through the investment…
For many years, operators, suppliers, and of course affiliates have been hoping that New York would embrace legal mobile sports betting. That moment has now come, with the state taking its first legal sports bets on 8 January. But despite having huge potential, it’s not necessarily going to be an easy ride for affiliates looking…
DraftKings is partnering with the Tulalip Tribes of Washington to access the Washington State sports betting market. The partnership is based on the construction of a massive DraftKings-branded sportsbook at the Tribe's casino, but does not include a mobile gaming component. Under the terms of the partnership, DraftKings will be building retail sportsbook outlets at…
DraftKings scored another big win in its bid to dominate the regulated US sports betting market as it takes over as the official sports betting app for the State of Oregon. The move is something of a slap in the face to the Scoreboard app the State was using, which was described as "too European"…
The American commercial gambling industry hauled in a record $13.98 billion in gaming revenue during the third quarter of November, according to the American Gaming Association's (AGA) Commercial Gaming Revenue Tracker. November's record revenue was the latest in a string of smash hit months for American gaming interests, as they enjoy the fruits of pandemic…
Colorado's regulated sports betting operators had plenty to be thankful for in November, 2021 as they cashed in a record gross gaming revenue haul of $36.8 million. Centennial State sportsbooks were aided by a full slate of professional and college sports, as well as a betting public that's sweet on parlays. While revenue was up…
Wazdan, a UK casino supply and igaming provider, has been granted a Lottery i-Gaming Interim Supplier Licence in West Virginia. It's a move that expands the company's US footprint and places it in the center of the US online gambling boom in a state that's struggled to come up with an igaming scheme that can…
New York is still months away from launching mobile sports betting, and the anticipation is building for what could be one of the largest markets in the United States. But there are many other issues to resolve as well. The New York State Gaming Commission (NYSGC) is currently evaluating proposals from mobile sports betting operators…
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