Penn Entertainment’s ESPN Bet is growing quickly. If that growth continues, the operation is set to pose a serious challenge to the dominance of both DraftKings and FanDuel in the American market. This according to a survey from Truist Financial Corporation, a US-based bank holding company. That 2024 survey highlights the pivotal role of ESPN
Industry
The US Department of Justice (DoJ) has filed its response to the Supreme Court, arguing that the Florida sports betting case brought by West Flagler and Associates (WFA) does not warrant the court’s attention. The filing is the final step before the court decides whether to hear the case, which could reshape the future of
Boyd Gaming Corporation’s shareholders overwhelmingly rejected a proposal to study the potential effects of adopting a company-wide non-smoking policy during the operator’s annual shareholder meeting on May 9. The proposal, which sought to explore the potential ramifications of implementing a ban on indoor smoking, was met with staunch opposition, with more than 63.5 million votes cast
The three Detroit casinos reported $109.4 million in aggregate revenue for April 2024, reflecting an 11.8% decrease from March, despite the city hosting a record number of NFL Draft attendees during the month. The Michigan Gaming Control Board announced that $107.9 million was generated from table games and slots, while retail sports betting contributed $1.6
Cape Verde’s Deputy Prime Minister, Olavo Correia, has disclosed that the government is engaged in discussions with Macau Legend Development regarding the reversion of a gaming concession granted to the Macau-based casino services operator. Speaking to the archipelago’s public radio broadcaster, RTC, Correia shed light on the ongoing negotiations surrounding the Djeu na Gamboa casino-resort
Win Systems reflected on its “successful participation” at the recently concluded industry event Feria Internacional del Juego Madrid (FIJMA 24), held on May 7 – 9 at IFEMA. The gaming technology provider says it experienced “an astounding influx of visitors, demonstrating the continued interest and confidence” in its range of products and solutions. Win Systems stated
iGaming software provider SOFTSWISS has entered the Bulgarian market through a partnership with operator Topwin.bg, a move that seeks to strengthen and expand the SOFTSWISS brand in Europe. SOFTSWISS has secured certification from Gaming Laboratories International (GLI) for use in the Bulgarian market, ensuring all technical and legal requirements are met. The partner utilises the
Massachusetts collected $374.8 million in tax revenue from its gambling industry during the fiscal year 2023, according to the latest data released by the Massachusetts Gaming Commission.The report, covering the period from July 1, 2022, through June 30, 2023, underscores the growing financial contribution of the gambling sector to Massachusetts’ economy. Massachusetts casinos, racinos, and sportsbooks
On Tuesday, Petersburg’s Freedom of Information Act Officer Shaunta’ Beasley said the winning proposal for a planned casino project will not be released because the city canceled its competitive bidding process and hasn’t awarded a contract to Cordish. “Therefore, the file is closed and no records are available,” Beasley said in an email to The
Bulgarian President Rumen Radev has given the green light to proposed amendments to the Gambling Law, which include a prohibition on gambling advertisements in the media. The changes will come into force from May 17th after Radev decided not to veto the plan. President Radev had earlier indicated that he was deliberating on the changes
MeridianBet, a subsidiary of B2B and B2C gaming technology company Golden Matrix Group, has announced its involvement in the global coalition initiative for flood relief efforts in Rio Grande do Sul, Brazil. This collaboration is a significant part of Meridianbet’s commitment to supporting communities devastated by recent severe flooding in this Brazilian state, the company said
During the company’s exhibition at this year’s BiS SiGMA Americas, Yogonet spoke to BetConstruct’s Regional Director for Latin America, Sergio Longo, who said that Brazil “is the company’s major focus in Latin America”, and that the office being set up in São Paulo will be a commercial and technical center for BetConstruct’s various brands to
The number of industry professionals registering to attend July’s edition of iGB L!VE, the last to be held in Amsterdam prior to its 2025 relocation to London, is more than double that achieved at the same stage of last year’s campaign, event organizer Clarion Gaming said in a press statement. According to the latest data
FeedConstruct has signed a new five-year deal with the Northern Ireland Football League (NIFL) to become the league’s exclusive betting data and streaming partner until the 2028/2029 season. The data, technology, and sports transmissions provider has been collaborating with NIFL since the 2019/2020 campaign. This agreement will provide a considerable seven-figure investment into the leagues over the contract term, the company said. Under this partnership,
Sports betting company Circa Sports has expanded its operations into Kentucky with the launch of its mobile betting app. The debut was facilitated through a licensing deal with ECL Corbin at its Cumberland Run harness track. This launch marks the fifth state for Circa Sports, following its operations in Colorado, Illinois, Iowa and Nevada. The Circa
Are there really plans for betting on arcade games at Dave & Buster’s? Believe it or not, the restaurant chain is really going to allow guests to gamble on a variety of games for real money! However, not everyone is happy about this, and a showdown may be brewing! [embedded content] Dave & Busters has
On May 10, Pay4Fun celebrated six years of operation in the online betting payments market in Brazil. The company notes that it currently operates with “the world’s leading bookmakers,” boasting over 500 integrations. In addition to consolidating its position as the leader in its segment of the Brazilian market, the company became the first payment
The Thai government is exploring the possibility of restricting gambling areas within entertainment complexes to no more than 5 percent of the total project space. According to Bangkok Post, this proposal was revealed by Deputy Finance Minister Julapun Amornvivat, who also chairs the House committee responsible for evaluating the potential establishment of casino resorts in
SJM Holdings has reported a more than 27 times surge in adjusted EBITDA to HKD864 million ($111 million) for the first quarter of 2024 from HKD31 million in the same period last year. The gaming operator also saw a 74.5% increase in net gaming revenue, reaching HKD6.46 billion ($830 million). The adjusted EBITDA margin for
The South Point hotel-casino in Las Vegas announced that renovations worth $6 million have been completed. The resort, which is located 6.5 miles south of the Las Vegas Strip, has finished an upgrade of 84 suites on the 25th floor. The renovations included upgrading the flooring, furnishings, and overall accommodations. Guests can now stay in the