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Massachusetts Governor signs sports betting bill into law
Massachusetts Governor Charlie Baker has signed into law a bill legalizing and regulating sports betting in the US state. House Bill 5164 will permit any…
Wynn Resorts’ Q2 net loss widens to $213.4m
Wynn Resorts posted $908.8m in revenue from its Q2 operations, a decrease of 8.2%, while its loss grew to $213.4m as the effects of restrictions…
Michigan regulator votes to extend Detroit casino licenses
The Michigan Gaming Control Board has voted to renew the licenses of all three commercial casinos in the state. MGM Grand, MotorCity Casino and Hollywood…
BetMGM becomes official partner of NFL in Canada
Entain-MGM joint venture BetMGM has agreed a deal that will make it an official sportsbook partner of the National Football League (NFL) in Canada. The…
Influencer Jake Paul and Simplebet co-founder raise $50m for micro-betting site
Simplebet co-founder Joey Levy and social media personality Jake Paul have launched Betr, a new micro-betting company, with $50m in funding. Levy will act as…
Massachusetts commissioners: legal betting is “going to take some time”
Massachusetts gaming commissioners have warned that the launch of legal sports betting in the state may take longer than expected, as they prepare to create…
BCLC names Davis as new permanent president and CEO
The British Colombia Lottery Corporation (BCLC) has named Pat Davis as its new president and chief executive, while the Canadian provincial operator also announced a…
US regulators to shut down political betting site PredictIt
US derivatives regulator the Commodity Futures Trading Commission (CFTC), has withdrawn New Zealand-based online prediction market PredictIt’s “no action” letter, and ordered that all positions…
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Read now!Higher stakes drive July sports betting revenue growth in Iowa
An increase in consumer spending on sports wagering in Iowa led to a year-on-year rise in revenue in the US state during July. Players bet…
Oregon sports betting revenue and handle both up in July
Sports betting gross gaming revenue and handle in Oregon both increased year-on-year in July, according to the latest figures published by the Oregon Lottery. Consumers…
NY online betting handle drops below $1bn for first time in July
New York’s online sports betting handle fell to an all-time low in July, falling below $1bn for the first time since the US state opened…
DraftKings’ Robins urges lower expectations for Canada
Jason Robins, co-founder, chairman and CEO of DraftKings, said that the operator’s launch in Canada has gone “as expected”, as the business had lower expectations…
RSI remains on track for long-term earnings goals despite increased Q2 losses
Rush Street Interactive (RSI) said it still expects to achieve its longer-term earnings targets despite posting an increased net loss and negative adjusted earnings before…
DraftKings reduces loss for first time in Q2
DraftKings has raised its earnings guidance for the year after its net loss declined on a year-on-year basis for the first time since going public,…
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