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Poker
May 14, 2024
888poker to Exit New Jersey in June, WSOP Remains Operational
Earlier in the week, gambling giant 888 announced the completion of its rebranding as evoke with the purpose of better reflecting its multi-brand operating model as well as its goal to offer state-of-the-art entertainment. Now, the gambling powerhouse is getting ready to exit New Jersey as a result of its decision to shut down its […]
Business
May 13, 2024
TESTA Appoints Jenny Ramstedt as Head of Sales to Drive Global Expansion
TESTA, a leading company specializing in crowdsourced quality assurance and testing for the iGaming and sports betting industries, has announced the appointment of Jenny Ramstedt as head of sales. With a strong background in software development and extensive experience in iGaming operations, Ramstedt is poised to spearhead TESTA’s global growth initiatives. TESTA Gains a Seasoned […]
Business
May 10, 2024
Bragg Maintains Positive Momentum, Posts Revenue Growth in Q1
Late in March, the global provider of iGaming technology and solutions, Bragg Gaming Group, released its 2023 results, pointing to strong growth. At the time, the company also updated its guidance and targets for 2024. At the same time, the company reiterated its intention to review strategic alternatives. With the review, Bragg seeks to identify […]
Industry
May 8, 2024
DraftKings Casino Handed Millions in Jackpots in April
The DraftKings Network has published information about the biggest DraftKings Casino jackpot winners in April. By the end of the month, the operator had handed a total of 18 jackpots of over $100,000. The jackpots were won by people in a variety of states engaging in different forms of gambling, such as virtual tables and […]
Business
May 7, 2024
Catena Media Reports Underperformance Amid Management Changes
The performance-based online marketing company that caters to the iGaming and betting sectors, Catena Media, released its latest financial report Tuesday. The company disclosed its interim report covering the period between January and March 2024, revealing unsatisfactory results, pointing to year-over-year decreases in a number of operating segments. Per Catena’s new report, revenue from continuing […]
Industry
May 7, 2024
Australians Favor Age Verification for Pornography, Gambling, Says Poll
Gambling is identified as a serious public health issue in Australia. Known as the world’s biggest losers, Aussies lose hundreds of thousands of dollars daily, making the losses hundreds of millions on a monthly basis and billions annually. Understanding the significant impact gambling has on society, the country’s government is considering changes to the gambling […]
Industry
May 6, 2024
Illinois’ iGaming Bills Are Yet to Gain Traction
The Illinois legislative session has failed to advance the state’s iGaming efforts so far but not all hope is lost. With three weeks left in the session, there is still time for HB2239 to make progress. Sponsored by Rep. Edgar Gonzalez, the bill seeks to legalize online casino gaming and allow the state to capitalize […]
Business
May 3, 2024
DraftKings Reports Impressive Q1 2024 Financials, Raises Guidance
DraftKings Inc. has announced its financial results for the first quarter of 2024, posting robust revenue growth and providing an optimistic outlook for the rest of the year. The company also shared updates on its business performance and strategic prospects as it hopes to further capitalize on the spread of regulated sports betting and iGaming […]
Business
May 2, 2024
Online Gambling GGY in UK Rises in Latest Quarter but Retail Slows
The gambling regulator in the UK, the Gambling Commission, published its most recent data, uncovering insights regarding the number of bets, revenue and performance of the market for quarter 4 of the financial year 2023 to 2024, or the period between January and March. The latest data was compared year-over-year to quarter 4 of 2022 […]
Industry
April 30, 2024
Maine Official Warns of Regulated iGaming’s Potential Harms
As Maine’s Legislature rejected the notion of introducing regulated iGaming to the state, Steve Silver, chair of the Maine Gambling Control Board, voiced concerns regarding the potential negative impacts if the move had succeeded. He highlighted examples from other jurisdictions, urging lawmakers to consider whether their decisions can have unintended consequences. Problem Gambling Is an […]
