Finance
Colorado surpasses $2bn in sports bets since launch as March wagers hit $300m
Players in Colorado have spent more than $2.0bn on sports betting since the state opened its regulated market in May 2020, with figures from the…
Tennessee bounces back in March as sports betting handle reaches $205.9m
Players in Tennessee wagered $205.9m in sports during March, the second-highest monthly total since the US state opened its regulated sports betting market in November…
Pennsylvania Gaming Dashboard – April 2021
Pennsylvania set another new record for igaming revenue in March as it narrowly missed out on $100m in online casino revenue, while revenue from sports…
Betway owner Super Group set for US listing with $4.75bn SEAC merger
Super Group, the holding company of online sports betting and gambling operator Betway, has entered into a definitive agreement to merge with special purpose acquisition…
New Hampshire sports betting revenue rockets 979.3% YoY in March
Sports wagering revenue in New Hampshire hiked 979.3% year-on-year in March after a 404.6% jump in the US state’s handle for the month. Gross gaming…
Louisiana lawmakers deliberate amended betting tax proposals
Louisiana Representative John Stefanski has amended his bill to establish a tax rate for online and mobile sports betting in the state. Stefanski’s House Bill…
State of the Union: Caesars, New York, Arizona and more
This week’s State of the Union, in partnership with Segev LLP, includes bills to legalize sports betting in Arizona and mobile betting in New York,…
Caesars completes £2.9bn acquisition of William Hill
Caesars Entertainment has finalized its acquisition of British gambling operator William Hill. Under the acquisition deal announced in September last year, Caesars agreed to pay…
Churchill Downs Incorporated returns to profit in Q1
Churchill Downs Incorporated (CDI) returned to profit in Q1 of 2021 as revenue grew 28.2% year-on-year to $324.3m, thanks to the acquisition of new race…
New Jersey iGaming Dashboard – April 2021
Borgata finally overtook long-standing online casino leader in New Jersey last month as the state’s igaming market exceeded its previous high by more than 10%.…
Rush Street Interactive appoints Seiler to new IR role
Betting and igaming operator Rush Street Interactive (RSI) has appointed Lauren Seiler to the newly created role of associate vice president of investor relations and…
Bally’s raises $671.4m via share offering to fund Gamesys acquisition
Casino operator Bally’s Corporation has raised $671.4m through a share offering, with the funds to be used to partially finance its acquisition of Gamesys Group.…
Michigan betting and igaming revenue grows to $127.4m in March
Online betting and gaming operators in Michigan brought in $127.4m in March, a 42.8% month-on-month increase in the second full month of online activity, thanks…
Mississippi sports betting revenue rockets 707.4% YoY in March
The Mississippi Gaming Commission has reported a 707.4% year-on-year increase in sports betting revenue in March, with players having spent 372.0% more on wagering during…