iGaming
Everi swings to loss in 2020 after revenue decline in all segments
Gaming and financial technology business Everi saw revenue drop 28.8% to $383.7m in 2020 after seeing revenue from all channels decline, including a sharp drop…
DraftKings ups long-term EBITDA guidance to $1.7bn
DraftKings has upped its long-term earnings before interest, tax, depreciation and amortisation (EBITDA) guidance from $1bn to $1.7bn, following strong igaming results in 2020. The…
MGM Resorts and BetMGM launch problem gambling education series
MGM Resorts and its online joint venture BetMGM have announced a commitment to promote responsible gaming within the betting industry, including an employee education series.…
AGA recruits FanDuel to responsible gambling project
The American Gaming Association (AGA) has announced Flutter Entertainment-owned FanDuel Group has become the first mobile sportsbook operator to sign up to its “Have A…
PlayStar names former Catena Media chief as CEO
Online casino start-up PlayStar Casino has appointed Per Hellberg, previously of affiliate giant Catena Media, as chief executive. In his new role, Hellberg will spearhead…
DraftKings to pay over $7m in site credit in lawsuit settlement
Daily fantasy and sportsbook operator DraftKings has settled its part of a multidistrict lawsuit around its daily fantasy sport operations, agreeing to pay $720,000 plus…
Pennsylvania iGaming Dashboard – February 2021
Pennsylvania’s igaming market grew again in January, continuing its streak of record monthly revenue into 2021, though online betting revenue slowed because of lower margins.…
FanDuel hires Ticketmaster COO as first president
Flutter Entertainment’s US arm FanDuel Group has hired Amy Howe, previously global chief operating officer for ticket sales and distribution giant Ticketmaster, to the newly…
Conscious Gaming launches Bettor Safe education campaign
Independent non-profit Conscious Gaming has launched a new national campaign to educate consumers about the difference between regulated and unregulated online gaming operators, called Bettor…
Connecticut agrees gaming expansion deal with Mohegan Tribe
Connecticut Governor Ned Lamont has struck an agreement with the Mohegan Tribe to launch new gambling products, including sports betting and igaming, in the state. …
New Jersey iGaming Dashboard – February 2021
New Jersey’s online casino market passed another significant milestone last month, pulling in revenues of more than $100m for the first time. iGaming Business and…
SG 2020 revenue declines 19.9% amid lower product sales
Scientific Games saw revenue decline 19.9% to $2.72bn, as product sales collapsed amid land-based closures, but this was partially offset by growth in social and…
Transformational 2020 sees Flutter revenue reach £4.40bn
Flutter Entertainment’s revenue more than doubled on a like-for-like basis in 2020, after the operator completed its acquisition of The Stars Group and bought out…
BetMGM in US first with Borussia Dortmund partnership
MGM-Entain joint venture BetMGM has become the first US betting operator to partner with a German soccer club, striking a deal with Bundesliga giants Borussia…