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Industry
December 14, 2020
Three More States Join Wagering Market, Oklahoma Takes a Step Back
Now that three more states have legalized sports betting, sportsbooks will be soon available in more than half of the US states. The market is rapidly expanding following the revoke of the PASPA law, which granted US states the authority to decide on the regulation of wagering. The topic is gaining momentum in Oklahoma and […]
Business
December 13, 2020
Rush Street Interactive To Launch its Online Casino in West Virginia
On Friday, Rush Street Interactive and Century Casinos inked a partnership agreement to launch BetRivers.com in West Virginia in 2021. RSI Expands its Footprint in The US Rush Street Interactive (RSI) and Century Casinos announced Friday they have partnered to launch online casino gaming in West Virginia next year. RSI, Rush Street Gaming’s online division, […]
Casino
December 12, 2020
Gun Lake Casino in Michigan Shares $150M with Authorities in 10 Years
More than $150 million was shared with local and state governments since the Gun Lake Casino in Michigan opened nearly 10 years ago. Employing more than 1,100 people, the casino operates while following strict health and safety guidelines during the pandemic. Gun Lake Casino Shares $150m in Michigan and Beyond Since its opening in February […]
Business
December 11, 2020
DraftKings CEO Expects “Hyper Growth” if More States Legalize Sports Betting in 2021
DraftKings CEO Jason Robins said that the legalization and regulation of sports betting in US states would take the company to “hyper growth” in 2021. Q3 Revenue Jumps by 98% Year on Year The adoption of sports betting legislation and regulation by US states would bring DraftKings from “high growth to hyper growth,” the operator’s […]
Casino
December 11, 2020
Pennsylvania Shuts Casinos Down to Contain Covid-19
Pennsylvania has announced that it is again going to temporarily close down its casino industry in light of the spiking COVID-19 cases Pennsylvania Closes Casinos On Thursday, the US State of Pennsylvania announced its decision to once again close down all casinos and a number of other businesses until January 4 in light of the […]
Casino
December 11, 2020
Billionaire Boss Sheldon Adelson Publicly Declares His Ambitions towards Texas
Las Vegas Sands’ owner Sheldon Adelson’s ambition for bringing casinos to Texas grows. Las Vegas Sands’ Appetite for Texas Confirmed Sheldon Adelson has recently recruited eight powerful lobbyists in Texas for the upcoming legislative session in January 2021, which stirred up rumors that Las Vegas Sands Corporation has an eye on Texas. The speculations have […]
Business
December 10, 2020
DraftKings and Nashville Predators Sign Multi-Year Partnership
Boston-based gaming operator DraftKings continues to expand its partnerships across sports leagues, with their latest partner being the Nashville Predators from the National Hockey League (NHL). The operator and the NHL franchise from Tennessee announced today they signed a new multi-year deal to make DraftKings the Official Daily Fantasy Sports Provider and an Official Sports […]
Sports
December 9, 2020
Missouri Senator Calls for Quicker Action on Sports Betting
Missouri State Senator Denny Hoskins has urged Missourians and lawmakers to rally behind sports betting legalization in a bid to put a stop to tax revenue bleeding across the state border. The Time to Legalize Sports Betting Now, Says Sen. Hoskins Missouri State Senator Denny Hoskins, R-Warrensburg, is bringing up a new piece of legislation […]
Industry
December 9, 2020
AGA Reports Good Q3 Recovery for Commercial Casinos and Betting Firms
The American Gaming Association (AGA) posted strong third-quarter growth for casinos with the commercial gaming revenue hitting $9.04 billion. AGA Tracks Recovering Gaming Revenue in Q3 Commercial casinos in the United States posted a strong Q3, having emerged from the crisis in the three-month period with $9.04 billion in total gaming revenue. The number represents […]
Business
December 7, 2020
Paysafe Enters $9 Billion Merger Agreement with Foley Trasimene Acquisition
Paysafe announced on December 7 it has entered a definitive agreement with Foley Trasimene Acquisition Corporation for their $9 billion merger. Deal Expected to Close in H1 2021 Online payments company Paysafe Group Holdings and Foley Trasimene Acquisition Corporation announced today they have reached a definitive agreement for their merger valued at $9 billion. The […]