Gamblers at Colorado casinos could have the opportunity to wager big bucks if voters approve a ballot initiative allowing local casinos to raise their limits. It's a big move from the low stakes gambling those same voters approved of more than two decades ago and would put more control in the hands of casino town…
UK casino operators were handed a major disappointment this week when Prime Minister Boris Johnson announced that their planned reopening date has been kicked back from August 1 to August 15, "at least". The casino delay comes as part of a larger effort to slow down reopening in the UK in hopes of slowing down…
Are video game loot boxes the gateway to problem gambling? That's a question that's been bandied about quite a lot over the past few years as loot boxes have become a more integral piece of the video gaming world. But loot boxes are every bit as controversial as they are popular, and that's garnered the…
When lawmakers were debating the viability of regulated sports betting in the United States, the one thing everyone agreed on was that demand would be strong. In Colorado, where sports betting has been legal for exactly two months, players are proving that demand is strong even if the offerings are really outside-of-the-box. To wit, professional…
Tribal gaming interests clocked a big win against the state of Oklahoma this week when a judge ruled that their compacts with the state must be automatically renewed. The tribes are also clocking a major win against the state's governor, who has been looking to take a greater cut of the tribe's gaming action. At…
DraftKings is getting into the swing of regulated U.S. sports betting by launching a nationwide NFL pick 'em that features a $1 million grand prize. It's a move designed to normalize sports betting in the US market by competing with more established pick 'ems like the Super Contest at the Westgate in Las Vegas. Here's…
Last week the UK Gambling Commission (UKGC) suspended Genesis Global's UK-facing gaming license in a move that was long on legalese and short on details. This week, we've learned more about the nature of Genesis Global's alleged infractions, along with the company's response. In short, company officials told the UKGC the they'll be both cooperating…
To say that Q2 2020 was one of the worst quarters in the history of land-based casinos is something of an understatement, as the recent earnings report from the Las Vegas Sands Corporation lays out in excruciating detail. For the three months ending June 30, 2020, Sheldon Adelson's company saw an astonishing 97 percent drop…
Any business looking to stay ahead of corona virus-induced financial catastrophe should study the folks running Betsson. The Stockholm-based gambling operator posted record revenue during Q2 2020 - which was arguably one of the worst quarters in recorded financial history. For the three months ending June 30, Betsson raked approximately $172 million (USD). So how…
Poker Central and NBC Sports are renewing their content partnership to last through 2022. It's a deal that offers major benefits for both parties. It's also a deal that will some high level, high stakes poker tournaments in front of some pretty big worldwide audiences. Under the terms of the deal, NBC Sports will continue…
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