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Industry
January 25, 2021
IGT Extends Partnership with Jamaica’s SVL By Seven Years
International Game Technology (IGT) and Jamaican Supreme Venture Limited (SVL) have extended their business partnership by seven years. IGT and SVL Extend Partnership by Seven Years International Game Technology (IGT) has extended its agreement with Jamaica-based Supreme Venture Limited (SVL) by an additional seven years. During this time, IGT will continue supplying the Jamaican premier gaming and […]
Industry
January 25, 2021
DraftKings Becomes Second Sportsbook Brand in Virginia
DraftKings has launched its mobile sportsbook app in Virginia, following FanDuel’s entry last week. BetMGM is also ready to roll out. DraftKings Rolls Out Services in Virginia DraftKings has launched its mobile sportsbook app in Virginia, just in time for Super Bowl LV. This makes DraftKings the second sportsbook brand to roll out in the state, the […]
Industry
January 25, 2021
Codere Extends Debt Note Maturity to 2023
The gambling firm has renegotiated the terms of its senior secured debt notes to postpone their maturity to 2023 on the condition of a higher interest rate. Codere’s Creditors Approve Renegotiation of Terms Spanish gambling group Codere SA has received green light by its creditors to renegotiate the terms of its senior secured debt notes. […]
Industry
January 24, 2021
Ohio 2020 Lottery Sales up 15%, Casinos down 24%, VLTs down 35%
The Ohio Lottery Commission reported its 2020 annual financial figures posting double digit growth in sales during a year marred with an infectious virus outbreak and months of accompanying restrictions. Lottery Sales Booming Total sales in 2020 generated in excess of $3.8 billion, 15% more than the $3.3 billion the lottery managed to gobble from […]
Industry
January 24, 2021
GLMS Reported Slight Increase in Alert Reports in 2020
The Global Lottery Monitoring System (GLMS) published its 2020 Annual Monitoring and Intelligence Report, providing the main highlights in terms of objectives, key facts and figures. As part of the report, GLMS released data related to the number of suspicious alerts for the year. Alerts and Alert Reports The integrity body dealing with detection and […]
Industry
January 24, 2021
Russian Central Bank Clamps Down on Gambling Payments
Foreign gambling websites and illegal sportsbook operators are put under pressure by Russia’s central bank which has set deposit and cash-out restrictions for gamblers. Central Bank Steps up Restrictions on Gambling Payments Companies are seeing their business crumble as the Russian Central Bank has been blocking payments since mid-January. As a result, players have not […]
Industry
January 24, 2021
Mississippi’s Sports Betting Handle Rises Slightly in December
The Mississippi Gambling Commission reported that the state ended 2020 on a positive note, with a small increase of its sports betting handle in December. Revenue Increased Year on Year Mississippi’s sports betting handle slightly increased in December compared to the month before, closing a difficult year on a good note. The state reported $55.3 […]
Industry
January 23, 2021
Phil Mickelson Denies Lobbying for Billy Walters’ Commuted Sentence
The White House issued a release with a list of 143 people, who either received commuted sentences or were pardoned by President Donald Trump in his last hours of office. White House Release Says Phil Mickelson Lobbied for Walters Just a few hours before leaving office, President Donald Trump pardoned 74 people and commuted the […]
Industry
January 22, 2021
Pablo Ferreira Appointed Chief Marketing Officer at Soft2Bet
Online casino and sportsbook platform provider Soft2Bet announced today its head of country manager Pablo Ferreira, will become the company’s new chief marketing officer. “We are thrilled to name Pablo Ferreira as chief marketing officer and have no doubt that his appointment will bring continued success to the business.” Boris Chaikin, CEO, Soft2Bet Fantastic Personal […]
Industry
January 22, 2021
Schools in Maryland May Soon Be Teaching Students the Risks of Gambling
High schools in Maryland may embrace a new school subject about the risks of gambling. The school program is suggested as part of the schools’ curriculum. The Risks of Gambling Could Be Soon Taught in Maryland’s Schools Sen. Bryan Simonaire, R-Anne Arundel, sponsored Senate Bill 0243 and directed the Maryland State Department of Education to […]