Are Swedish gambling regulators driving players directly into the arms of the black market? That's the opinion of Gustaf Hoffstedt, the head of the Branschföreningen för Onlinespe (BOS), a trade association for Swedish online operators. His views are the latest salvo in a battle over how much players can deposit in casino accounts without becoming…
Regulated sports betting is turning into a huge hit for Colorado's regulated operators after just one full year of year legal play. According to reports released this week by the Colorado Division of Gaming, players dropped $2.3 billion in wagers in the Centennial State from May 1, 2020 to April 30, 2021. The state's astonishing…
Social gaming giant Zynga is reporting huge revenue boosts for Q1 2021, despite the hazards of the pandemic. The revenue leap was bolstered by successful games such as Harry Potter: Puzzles and Spells, as well as in increase in advertising earnings. But all that cash coming in was not enough to keep the company from…
The Nevada Gaming Control Board is opening up public comment on the idea of expanding the state's online gambling options to include online casino games. It's a move that's supported by the state's powerful gambling industry, but it's not something that the big casino operators have always been in favor of. It's also a move…
The Squamish Tribe has reached an agreement with the State of Washington that will allow for sports betting at their casino. It's a deal that includes a restriction on wagering on certain college sports and does not appear to offer a mobile betting option. Tribal officials reached the deal earlier this week and are expected…
One of the most stark and jarring images of the early pandemic lockdown were those of the abandoned, lifeless Las Vegas Strip. The always bustling Strip looked like a scene from a zombie apocalypse movie as casinos shuttered their doors and tourists were nowhere to be found. But that awful chapter of the pandemic is…
Caesars Entertainment's recent purchase of the UK operator William Hill came with some extra baggage that's just not needed when your goal is dominating the US market. That excess baggage comes in the form of 1,400 retail betting shops scattered throughout the UK, and it's set to be auctioned to the highest bidder in the…
Regulated sports betting in the United States has been an unmitigated success as decades of pent-up demand is unleashed during every big US sporting event. The NCAA basketball tournament (AKA "March Madness") was a perfect example of how those big events drive big handles, and big revenue numbers. Just take a look at what happened…
MGM Resorts has spent much of 2020 and 2021 in the same tenuous position as every gambling operator with a large portfolio of land-based casinos. That position, unfortunately, was challenging on a good day and horrific in its darkest hours. That position also resulted in their recent announcement that they're down $246.7 million from Q1…
London Mayor Sadiq Khan wants to ban all forms of gambling advertisements across his city's fabled London Underground. It's a move that makes a major point about the proliferation of gambling media in daily life, but it's also a move that could cost the city millions of pounds in badly needed revenue. Either way, it's…
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