Provided that state politicians can agree on appropriate legislation, the US state of Colorado could join the US rush to legalise sports betting without having to amend the state constitution, substantially streamlining such a process. That’s the official opinion of Colorado state Attorney General Cynthia Coffman, who following a request from the Colorado Department of …
UK media reported widely on Sunday that online and land gambling group William Hill plc’s latest US move is a sports betting partnership with land casino giant Penn National Gaming. The speculative reports quoted sources who revealed that th UK company is in talks with PNG and a positive result could create a William Hill …
There has been a blizzard of partnership deals across the United States this past week as major US gambling groups take early advantage of the liberalised sports betting market currently unfolding there, often partnered by experienced European companies. On Friday Caesars Entertainment added to the excitement it created earlier in the week in announcing that …
Turnkey online gambling platform and games provider Oryx has signed a content agreement with another developer, the Eastern European company Kajor Games. Kajot has been active in several countries since it was founded in 1996, included regulated markets such as Romania and Croatia. Following integration, players will initially get access to Kajot’s casino titles in …
A panel of three judges in the Ninth Circuit Court of Appeals has upheld an earlier lower court decision that shuttered the Iipay Nation of Santa Ysabel’s Desert Rose online bingo site, saying the operation violated the Unlawful Internet Gambling Enforcement Act because bets were placed off the California tribal lands, and that it wasn’t …
It appears that Ohio, or at least the Ohio Senate, is gearing up to pass sports betting legislation following the striking down recently of the Professional and Amateur Sports Protection Act (see previous reports). Local media reports indicate that SB 316 has been introduced to the Senate, albeit with very little content (there’s only one …
Reports have emerged in the Massachusetts media indicating that an embarrassing lack of attention on the part of state lawmakers mid-week briefly left the state’s two horse racetracks unlicensed and unable to operate. Lawmakers had allowed the deadline for renewal legislation HB4809 to go unheeded when the Legislature adjourned Tuesday; that left the Suffolk Downs …
Italian sports betting giant Snaitech, recently acquired by Playtech plc, delisted in Milan Friday, posting legacy H1-2018 figures that continued to impress. * Online betting revenues rose 23 percent to Euro 255 million aided by the recent World Cup football championships; * Online gaming revenue rose by 22 percent to Euro 674 million. * Retail …
Champion Scots football club Celtic has announced that it has extended its current two-year partnership with online sports betting operator Dafabet, which will now run through 2025. Sponsorship experts have hailed the deal as football’s biggest ever front-of-shirt sponsorship agreement. Celtic chief executive Peter Lawwell said: “We are absolutely delighted to secure such a lucrative, …
Resorts Casino Hotel in New Jersey has announced its second online and mobile sports betting partnership in as many days, following up an earlier reveal of its association with DraftKings with the news that its partnership with The Stars Group is awaiting licence approval by the Division for Gaming Enforcement. “We believe The Stars Group …
European sports betting behemoth bet365 has announced a total of 11 La Liga football club sponsorships in Spain for the coming 2018-19 season. On Wednesday the company named the teams it has partnered with as RCD Espanyol, Villarreal, Athletic Club, Real Betis, Getafe, SD Huesca, Celta Vigo, Rayo Vallecano, Real Valladolid and SD Éibar. Other …
Microgaming marked its Isle of Man HQ’s first anniversary with the burial of a time capsule this week, scheduled to be reopened thirty years on.. CEO John Coleman celebrated the milestone alongside staff at the software giant’s Isle of Man campus on Wednesday 1 August by placing a time capsule underneath the building’s entrance. To …
William Hill plc’s H1-2018 results posted this week highlight the severe impact that the UK government’s radical reduction in Fixed Odds Betting Terminal maximum deposits is expected to have on retail betting shops across the country. Hill had already warned that the new GBP 2 staking limit on FOBTs in shops would cut Retail’s gaming …
Rush Street Interactive online casino subsidiary Playsugarhouse.com has awarded what it claims is the largest online jackpot yet on its Divine Fortune progressive jackpot slot, paying out $287,945 to a local woman resident who had bet just $2. The woman, who wishes to remain anonymous, revealed that she had been at work when she decided …
Churchill Downs Incorporated has posted its Q2-2018 results, highlighting the following metrics: * Net revenue of $379.4 million, 12 percent up on Q2-2017; * Net income of $103.1 million compared to $78.3 million in the prior year – up 32 percent; * Income from continuing operations, net of tax was $103.2 million for the second …
Boyd Gaming Corporation and FanDuel Group – a subsidiary of Paddy Power Betfair plc, announced Thursday that they have formed a strategic alliance to pursue sports betting and online gaming opportunities across the United States. The partnership brings together two of the largest and most geographically diversified companies in the gaming entertainment industry, a joint …
Online lottery group Zeal has posted a positive set of H1-2018 results, highlighting: * Revenue up 17 percent y-o-y at Euro 73 million; * Sales up marginally at Euro 141.9 million; * Marketing spend up 69 percent; * New players up at 293,000 (H1-2017 : 174,000; * On the negative side, the company withdrew from …
Norway’s gambling regulator has become increasingly aggressive in commercially protecting the market, presently restricted in licensing terms to Norsk Tipping and Norsk Rikstoto. In its latest initiative the Norwegian Gaming Authority asked the App Store to remove apps used by Norwegians, saying that it was motivated by concerns for player safety, protecting problem gamblers and …
Online gambling operators are clearly interested in entering the soon-to-be-liberalised Swedish gambling market, it appears from the 22 applications submitted on the first day for licence applications. Lotteriinspektionen reported brisk business Wednesday as major companies like Betsson, Cherry, Expekt and Svenska Spel threw their hats into the ring in preparation for the official market opening …
OpenAI’s team of bots is 1.28 on with Betway to triumph over a professional team in a 5v5 game this Sunday 5th August. A year after unveiling a bot that could win a 1v1 game, OpenAI will take on a team of five professional human players this Sunday and the online bookmaker expects the bots …
In an interesting PR exercise, online gambling group Betway has resurrected the almost three-year-old story of Jon Heywood, a former British army trooper who hit the headlines in October 2015 when he hit what is still the biggest ever online jackpot playing the Microgaming Mega Moolah progressive. Heywood’s win of GBP 13,213,838.68 came just 25 …
US gambling supply company Scientific Games has posted its Q2-2018 report, announcing strong revenues and a reduction in debt. Highlights include: * Revenue up 10 percent at $844.7 million, with a $50.6 million contribution from NYX subsidiary; * Net loss for the group narrowed to $5.8 million, compared to $39.1 million in Q2-2017, thanks to …
The Bloomberg business news agency reports that Resorts Casino Hotel and DraftKings have received approval to become the first companies to offer online and mobile sports betting in New Jersey. The New Jersey Division of Gaming Enforcement gave approval Wednesday afternoon to the casino and its Boston-based online partner to launch an invitation-only version of …
Significant tax reductions which would have seen Albanian gambling operators paying 15 percent tax on gross earnings rather than turnover have been vetoed by national president Ilir Meta, according to local media reports. The reductions were approved last month by the ruling Socialist Party, but President Meta claimed that the lower tax take would have …