New Jersey Generates $40.6 Million in Sportsbetting Wagers in First Month

Atlantic City Casinos earn well from sportsbetting

- August 15, 2018 By Oliver Young -

In just more than a month since sportsbetting was officially green-lit on the territory of New Jersey, betting and casino operators have already managed to amass $40.6 million in wagers for the month of July. The numbers were revealed in an official report which outlined the money generated by some of the operators who already […] Continue Reading

William Hill Considers US Expansion, IGT Enters Mississippi Market

- August 8, 2018 By Oliver Young -

It seems that the US casino industry has been attracting lots of attention these past few days as big names have expressed plans to enter its market. Namely, the leading UK casino and sports betting operator William Hill has announced expansion in the US. IGT, a reputable game developer, on the other hand, has revealed […] Continue Reading

NetEnt Expected Better Results in Q2

- July 19, 2018 By Riley Wilson -

NetEnt, the renowned online software developer, has revealed the financial report for the second quarter of this year. The released numbers show the company’s total revenue for this period has increased by 5.9%. NetEnt managed to generate $49 million in revenue during Q2 2018, which is 5.83% more than during the corresponding period of 2017. […] Continue Reading

New Jersey Online Gambling Revenue Soaring

- June 18, 2018 By Oliver Young -

May has been an excellent month for the online gambling industry in New Jersey as the sector has scored its second-best results ever recorded in the Garden State. Namely, according to the report released by the New Jersey Division of Gaming Enforcement (NJDGE), the operators generated high revenue of $24.3 million during the last month. […] Continue Reading

Greek Budget Boosted by Legalization of Gambling

- May 22, 2018 By Riley Wilson -

In order to generate more money for the state coffers, the Greek government decided to legalize land-based gambling operations. Even though the legalization process was a bit slow, the results show the legalization did help to earn the much needed cash, especially through video lottery terminals. According to media reports, one of the biggest names […] Continue Reading

Supreme Court Decision Could Turn Out Profitable for Google and Facebook

- May 16, 2018 By Oliver Young -

This Monday the US sports betting industry was given a nice surprise as the Supreme Court announced its decision regarding the Professional and Amateur Sports Protection Act (PASPA). Namely, the Court has ruled the PASPA unconstitutional and therefore has paved the path for other US states to legalise this sector in the future. This latest […] Continue Reading

Yggdrasil Gaming Reveals Q1 Results

- May 16, 2018 By Riley Wilson -

Swedish developer of online and mobile games Yggdrasil Gaming has posted the latest financial report revealing a successful first quarter of 2018. The numbers released show the positive trend, with revenues and earnings marking a significant boost. Revenue on the Rise Yggdrasil has generated €5.5 million in revenue in the first quarter of this year, […] Continue Reading

Svenska Spel Reports Strong Performance in Q1 of 2018

- April 30, 2018 By Oliver Young -

Svenska Spel or widely known as the Swedish national gambling operator has noted strong Q1 performance in 2018 reveals a statistics report issued by the gambling regulator Lotteriinspektionen last Friday. Namely, Svenska Spiel noted a steady 1.4% growth y-o-y and reached land and online gambling turnover of SEK 2.1 billion. Sweden’s national gambling operations, altogether, […] Continue Reading

Brazilian Gaming Industry Has a Huge Potential

- April 26, 2018 By Riley Wilson -

Magno José de Sousa Santos, the President of the Brazilian Institute of Gaming, has recently stated the regulated gaming industry in this country could generate a yearly revenue of $18.8 billion and raise the annual taxes by around $8.6 billion. Speaking at the first edition of the Gramado Forum of Tourism Studies, Magno noted that […] Continue Reading

Canadian Stars Group Acquires Sky Betting & Gaming for $4.7 Billion

- April 23, 2018 By Oliver Young -

Canadian-based and Toronto-listed The Stars Group Inc announced in a surprising Saturday release that the company agreed to acquire Sky Betting & Gaming for $4.7 billion. Namely, the company has come to agreement with Sky Plc as well as its parent company CVC Capital Partners to overtake the UK based and licensed SBG and its […] Continue Reading

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