News
Maryland launches legal retail sports betting
Maryland officially opened its regulated sports wagering market yesterday (December 9) after state Governor Larry Hogan placed the first legal bet at MGM National Harbor.…
Mohegan reveals Q4 revenue growth as earnings hit record high
Mohegan Gaming and Entertainment (MGE) reported growth in revenue and net profit during the fourth quarter of its 2020-21 financial year, while adjusted EBTIDA reached…
GAN completes acquisition of developer Silverback Gaming
Online gaming software provider GAN has completed the acquisition of online casino game developer Silverback Gaming. Financial terms of the deal were not disclosed, but…
House and Senate reach agreement over Ohio sports betting bill
Ohio’s state House and Senate have reached an agreement on the legalization of sports betting within the state, after a conference between both houses to…
Illinois smashes betting handle record in October as players wager $840.4m
Illinois became the latest state to set a new monthly handle record in October as consumers wagered a total of $840.4m on sports. This represented…
Full House Resorts wins approval to open new Illinois casino
The Illinois Gaming Board has approved a proposal from Full House Resorts to develop and open a new land-based casino property in Waukegan. Full House’s…
PointsBet signs first sports betting deal with Big Ten Conference program
PointsBet has signed a multi-year deal with the University of Maryland Athleics organization. This marks the first-of-its-kind sports betting partnership within the Big Ten Conference.
Oregon sports betting revenue reaches new heights in November
Oregon’s DraftKings-powered sports betting app generated a record total of $4.4m in revenue in November, up 46.5% from October and 7.6% from November 2020. This…
VA surpasses $2.3bn in total wagers after setting new handle record in October
Consumers in Virginia spent a record $427.3m betting on sports in October, taking the total amounts wagered since the state’s market launched in January to…
Wynn Resorts names Aristocrat’s Cameron-Doe as new CFO
Wynn Resorts has announced the appointment of Julie Cameron-Doe of Aristocrat Leisure as its new chief financial officer. Cameron-Doe will succeed Craig Billings, who was…
Sportradar pens five-year extension to long-term Kambi deal
Data provider Sportradar and sports betting supplier Kambi Group have signed a five-year extension to their long-term, wide-ranging wagering partnership. The deal re-establishes Sportradar as…
Webis returns to profit in FY2021 as revenue climbs 28.3%
Webis Holdings, the owner of the advance-deposit wagering operator Watchandwager.com, was able to report a net profit of $824,000 in its 2021 financial year, ended…
Hard Rock takes sportsbook offline after court ruling
Hard Rock Sportsbook, owned by Florida’s Seminole Tribe, has suspended betting on its platform within the state after a court ruled the tribe’s compact allowing…
Michigan regulator warns against black market after nonpayment complaints
The Michigan Gaming Control Board (MGCB) has warned bettors of the dangers of betting on unlicensed platforms after it received complaints regarding nonpayment of winnings.…