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Caesars scores new partnership with NBA’s Grizzlies
Caesars Entertainment has entered into a multi-year partnership with National Basketball Association franchise the Memphis Grizzlies. Under the deal, the operator’s Caesars Sportsbook brand will…
FuboTV gaming business under strategic review with negative revenue
Streaming provider FuboTV will implement a strategic review of its betting arm, after determining that it could not operate the business alone in the current…
New Canadian gaming coalition urges crackdown on illegal online operators
Five provincial gaming corporations in Canada have formed a new collation in an effort to combat illegal online gambling in the country and lobby the…
Shoalwater Bay Tribe urges court to throw out Maverick Washington lawsuit
Washington’s Shoalwater Bay Indian Tribe has filed a motion in a federal court seeking to intervene in Maverick Gaming’s pending lawsuit against federal and state…
Penn changes name, outlines plans for recession
Penn National Gaming has rebranded to Penn Entertainment and outlined actions it may take – including potential layoffs – in the event economic conditions hurt…
Bally’s revises full-year projections downwards after H1 results
Bally’s revised both its revenue and earnings projections downwards following its Q2 results, in which the acquisition of Gamesys among other businesses helped boost revenue…
Hard Rock announces two senior appointments
Hard Rock has named Joe Lupo as the president of the future Hard Rock Hotel and Casino in Las Vegas and Anthony Faranca as property…
Hornbuckle hints at further global expansion as MGM revenue hits $6.12bn in H1
MGM Resorts chief executive Bill Hornbuckle suggested the business may look to expand further into new territories after its deal to acquire LeoVegas closes, after…
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Read now!DC sports betting revenue and handle down in June
Washington DC’s sports betting gross revenue and handle both declined year-on-year in June despite an increase in the number of operators active in the market.…
Caesars posts $692.0m digital loss in first half despite Q2 improvement
Caesars Entertainment posted a $692.0m net loss for its digital division in the first half of its 2022 financial year, despite the business experiencing an…
Sports betting revenue falls in VA despite handle increase in June
The Virginia Lottery reported a 40.9% year-on-year decline in sports betting revenue in the state during June, despite a 25.7% increase in player spending. Handle…
Bally’s scores new partnership with MLB’s Yankees
Bally’s Corporation has entered a new marketing partnership with Major League Baseball (MLB) franchise the New York Yankees. Under the deal, four Bally’s brands will…
Rhode Island betting handle surpasses $500m in 2021-22
Consumers in Rhode Island spent more than $500m on sports betting during the 2021-22 financial year, while the US state’s betting revenue amounted to $39.7m.…
Nevada gambling revenue reaches record $14.6bn in 2021-22
Nevada set a new gambling revenue record of $14.63bn in the 2021-22 financial year, while revenue in the state surpassed $1.0bn for the 16th consecutive…
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