News
Rhode Island sports betting handle reaches record $39.8m in January
Sportsbooks in Rhode Island processed a record $39.8m in sports wagers during January, while the US state also saw a 12.7% year-on-year increase in sports…
MediaTroopers secures permanent sports wagering supplier license in WV
Digital marketing agency MediaTroopers has secured a permanent sports betting supplier license from the West Virginia Lottery. MediaTroopers has been operating in the US state…
Entain extends ethics, legal & compliance training in US
Industry giant Entain, through its charitable arm Entain Foundation US, has donated $100,000 to Seton Hall Law School to provide annual ethics, legal and compliance…
DraftKings ends 2020 with strong Q4 showing as revenue grows 98%
DraftKings’ full-year revenue for 2020 finished up 49.0%, after the daily fantasy and sports betting operator ended the year by almost doubling revenue in the…
Combined Caesars-Eldorado business loses $2.72bn in first year
The combined Caesars-Eldorado business, now trading as Caesars Entertainment, brought in $6.10bn in 2020, down 42.5% from 2019’s combined revenue, and posted a $2.72bn loss…
Colorado sports betting reaches new heights with record January
Colorado set new sports betting and handle records in January, with more than $1.5bn having been wagered in the US state since its regulated market…
Nevada sportsbooks enjoy strong start to 2021
Nevada gaming revenue improved month-over-month in January, though lagged behind prior year levels, while the state’s sportsbooks posted strong figures for the month. January revenue…
Ex-MGM CEO Murren targets gaming industry with second SPAC
Former MGM Resorts chief executive Jim Murren has launched a second special purpose acquisition company (SPAC), Acies Acquisition II, with plans to acquire a gaming…
Wind Creek and Golden Nugget join race for Richmond, Virginia casino
Wind Creek Hospitality and Golden Nugget have become the latest major gaming groups to submit bids for the casino resort project in Richmond, Virginia. Some…
theScore sets pricing for IPO at $27 per share
Score Media and Gaming (theScore) has announced the pricing of the public offering of its Class A subordinate voting shares in the United States and…
DraftKings recruits MLB icon Cal Ripken Jr as advisor
DraftKings has appointed Major League Baseball Hall of Famer and entrepreneur Cal Ripken Jr as a special advisor to its board of directors. Ripken, the…
WatchandWager extends marketing partnership with AretoNet
Advance-deposit wagering operator and Webis Holdings subsidiary WatchandWager (WaW) has extended its data and marketing agreement with AretoNet for a further two years. The US-based…
Carousel’s SportsBetting.com enters three new states with Caesars deal
Carousel Group has entered a multi-state, 10-year partnership with Caesars Entertainment that will see its SportsBetting.com brand become available to customers in three new states.…
CDI swings to 2020 loss despite Q4 recovery
Racetrack and gaming operator Churchill Downs Incorporated (CDI) made a loss of $81.9m in 2020 as revenue dropped 207% to $1.05bn, but the business experienced…