Pennsylvania's regulated casino gambling industry posted its highest revenues, ever, in March 2017 when it comes to table games. According to a recent statement from the Pennsylvania Gaming Control Board, gross table games revenue clocked in at $79,543,775 compared to $77,914,245 during that same period in 2016. That's an increase of roughly 2 percent. March…
PlayON Sports is partnering with the NBA to become the league's official daily fantasy sports operator for international markets. The deal is a major step forward for PlayON and something of a slap in the face to DFS giants DraftKings and FanDuel. Under the terms of the deal, PlayON will be providing daily fantasy sports…
International Gaming Technology (IGT) is set to sell its DoubleDown social casino to DoubleU Gaming for $825 million. The acquisition also includes an extended strategic partnership between the two social casino giants. The deal is a very positive move for IGT, which acquired the DoubleDown Social Casino from its Seattle founders for $500 million in…
Regulated gambling is a big business is a massive business in South Korea and the government is benefiting from it to the tune of $3,6 billion a year. That's the gist of an analysis of National Gambling Control Commission records by the Korean Taxpayers Association. The numbers paint a picture of a robust industry that's generating…
New Jersey's rapidly growing online gambling industry posted record revenue during for March, 2017. That success, in turn, boosted the overall revenue of Atlantic City casinos, just like the system was supposed to work in the first place. The good news from the Garden State was released on Wednesday by the state Division of Gaming…
An investment group led by the Canadian firm Clairvest Group, Inc. is looking to buy Ace2Three.com, an Indian rummy site. It's a deal that could bring big profits to Clairvest, and less heat from regulators for the site's current owners. Details of the deal are still emerging, but here's what we know so far. According…
The US Department of Justice is offering a new compensation program aimed at reuniting former Absolute Poker players with the money that's been sitting in their accounts since the site was shuttered on Black Friday. Yesterday afternoon acting US Attorney for the Southern District of New York Joon H. Kim announced the plan, which will…
The American political system is in chaos and Paddy Power is looking for the right political handicapper to help them wade through the mess. Late last week, the Irish bookmaker listed a job opening for a Trump expert to handle all their Trump-related wagering. Anyone who is interested in the gig should know a few…
What will it take for the gambling industry to connect with younger customers and insure a future that doesn't fizzle out when Baby Boomers head to the grave? If recent efforts by Caesars Entertainment and Gamblit Gaming are any indication, that effort involves skill-based gambling machines that fuse together elements of traditional slots and modern…
A new report from the Swedish government suggests dismantling Svenska Spel, the government owned gambling and online gambling monopoly. The document also outlines a plan for bringing Sweden-facing gray market operators into the regulated market with a minimum amount of obstacles. Among the recommendations put forth by the report, which was compiled by Swedish lottery…
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