Public Gaming Industry
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Missouri Won’t Legalize Sports Betting in 2022
The chances of Missouri legalizing sports betting this year are next to zero, according to multiple sources in the General Assembly.
Law...
Macao bets on a new future as China cracks down on gambling
HONG KONG -- Glitzy gaming resorts that line the Cotai Strip in Macao were once bustling with tourists and high rollers looking for a sea...
Light & Wonder Reports First Quarter 2022 Results
Consolidated Revenue from Continuing Operations of $572 Million Up 26% Year-Over-Year
Closed Sale of Lottery Busines...
The International business operations of Veikkaus' subsidiary started - Fennica Gaming sold their first games
The international business-to-business operations of Veikkaus' subsidiary Fennica Gaming Ltd have been launched. The company engages in t...
Ohio Sports Betting May Be Fully Operational by Mid-to-Late Fall
Ohio Sen. Kirk Schuring said sports betting will likely launch by mid-to-late fall
License applications will open in the summer
Ohio ...
With few laws and no governing body, gambling in Alabama is spreading like wildfire. Even if most people don’t realize it.
The video would barely warrant a second glance in most other states. After all, it simply shows a person playing an online gambling game ...
INTERNATIONAL GAME TECHNOLOGY PLC REPORTS FIRST QUARTER 2022 RESULTS
Revenue up 4% compared to the prior year, or 7% at constant currency, to $1.1 billion, driven by significantly higher Global Gaming pro...
National lottery: regulator will ask court to enforce Allwyn licence award
The former Camelot chief executive Dame Dianne Thompson wrote to the commission last weekend warning it to abandon its attempt to move fo...
Ohio’s 11 casinos and racinos brought in $215.6 million in April
CLEVELAND, Ohio — Ohio’s gambling establishments brought in $215.6 million in April, less than a percentage point shy of the record amoun...
Caesars CEO expects online sports betting to deliver profit by 2023 end as company scales back marketing spend
2022-05-09
Caesars Entertainment’s CEO Tom Reeg expects the company’s digital gaming endeavors will become profitable by the end of fisc...
Kentucky Derby sets record for betting handle
The most-heavily-bet Kentucky Derby ever was won by the biggest long shot in the field.
A record $179.0 million was bet in the pari-mutu...
US Regulators Bring Down The Hammer On Crypto Casinos
Earlier last month, state securities regulators in Alabama and Texas issued cease-and-desist orders against a Cyprus-based company that’s...
Georgia Lottery raises over $367M for HOPE in Q3
Governor Brian P. Kemp and the Georgia Lottery Corp. announced it raised $367,233,000 in profits for the third quarter of fiscal year 202...
Minnesota House environment committee approves changes to distribution of state lottery sales funds
During recent House floor debates, it was suggested reform was needed of the Legislative-Citizen Commission on Minnesota Resources.
Two ...
GET READY FOR THE SUMMER OF FUN WITH THE MISSISSIPPI LOTTERY
JACKSON, MISS. – Beat the heat with great prizes from mid-May through Labor Day in the Mississippi Lottery’s Summer of Fun promotion.
In...
Increasing Popularity Of Crypto Casinos In The UK
The cryptocurrency movement is apparent. As a result of this development, crypto gambling is now a reality. And, in some ways, it’s under...
Oklahoma casino backed by Rock Group KISS ready to open
Gene Simmons and Paul Stanley of the legendary rock group KISS were in Braman, Okla., on Thursday, Jan. 12, 2017, for the groundbreaking ...
Rich Strike’s Derby Win Has Given Horse Racing a Welcome Reboot
The colt’s jockey, trainer and owner are anything but racing royalty, but they are the kind of story the sport needs right now
LOUISVILL...
California dreaming for DraftKings, FanDuel and Barstool with sports betting teed up on the ballot
There is growing buzz in the sports betting sector about voters in California potentially approving a ballot measure in November sponsore...
Here are some of the most important factors to consider while investing in sports betting
INVESTING IN THE FUTURE OF SPORTS BETTING – IMPORTANT FACTORS
Here are some of the most important factors to consider while investing in...
Las Vegas Lands Another Major Sports Franchise
The National Football League draft took over the Las Vegas Strip for a few days in late April. Caesars Entertainment hosted the league's ...
Kansas Lottery to move quickly when sports wagering becomes legal
KANSAS CITY, Mo. — Sports gambling in Kansas isn’t new, but legally placed wagers on sporting events are set to become a reality for the ...
Fate of National Lottery in legal showdown this week as Camelot fights to hold on to 28-year licence that billionaire Czech tycoon's company is poised to take
Fate of National Lottery in legal showdown this week as Camelot fights to hold on to 28-year licence that billionaire Czech tycoon's comp...
Georgia Lottery generate $367.2M for HOPE, Pre-K in 2022 third quarter
Gov. Brian Kemp and the Georgia Lottery Corporation announced they raised $367,233,000 in profit for the third quarter of the 2022 fiscal...
New York City casinos: What to know about the state’s big bet
Like it or not, full-scale casinos are on their way to New York City and the greater metro area.
Earlier this month, Gov. Kathy Hochul a...
$100M in lottery money is going to central North Carolina schools. Here’s how they’ll spend it
— Five school districts in central North Carolina will receive more than $111 million in construction grants from lottery proceeds.
The ...
Director John Myers: Casino, racetrack profit rebound pushes West Virginia Lottery past $1B in gross revenue
The West Virginia Lottery surpassed $1 billion in gross sales for the fiscal year last week, director John Myers said Wednesday.
At a re...
La Française des Jeux (FDJ) sees "good start to the year" in Q1 with revenue up 14%, growth in all business lines
French gaming operator La Française des Jeux (FDJ) has shared its financial report for the first quarter of the current year. The company...
States fighting back against illegal betting machines
State seizes 100 gambling devices from Michigan storefront casino locations
Published: May. 03, 2022
FLINT, MI – One hundred gambling d...
The whacky world of sports betting economics, politics, and regulatory policy-making
DraftKings Q1: Expenses of $933 against Revenues of $417 = $463 Loss
DraftKings raised its revenue guidance for the financial year follo...