Month: August 2022

The land-based digital gaming provider Everi Holdings recently released their Q2 financial reports which showed a yearly increase of 14% to $197.2 million. The companies free cash flow grew to $49.5 million with an adjusted EBITDA of $94.4 million, almost a $2 million jump from the previous year. Everi stated […]

A recent study conducted by the gaming provider and creator Light & Wonder found that the expansion of legal online casinos in more states would help boost the countries revenue by over $30 billion while having $6.35 billion in tax revenue. The estimate of $6.35 billion in tax is based […]

Caesars Sportsbook has recently announced a deal with the Memphis Grizzlies NBA team for a multi-year sponsorship deal. This deal will allow Caesars to use the Grizzlies’ official NBA logo and merchandise to help promote deals as well as special game-day offerings. On top of that the Grizzlies’ agreed to […]

Gambling is blowing into the windy city of Chicago as Bally’s has begun construction of their new $1.74 billion Bally’s Chicago casino. The casino will take the place of the old TribunePublishing Center putting the new casino in a very central location of the city. The state of Illinois and […]

As the season nears the NFL’s Sunday Ticket streaming rights are up for bidding with huge companies like Apple, Amazon, Google, and Disney all applying. Google has said the acquisition would allow them to strengthen their YouTube TV service while the other three wish to boost their platforms as well. […]

The Washington Commanders recently submitted an application to the Maryland State Lottery & Gaming Control Agency for a sportsbook license. If accepted the license would allow the Commanders to implement a sportsbook at FedEx Field. The application will receive a response on August 8.

As North Carolina continues its push for sports betting some of the professional teams in the area have stepped in to back to bill. So far the NHL Hurricanes, NFL Carolina Panthers, and the NBA Charlotte Hornets have all backed the bill to legalize sports betting. If passed the legislation […]

Wyoming residents just received a new way to sports bet as Caesars Sportsbook has now gone live in the state. The launch marks the fourth online sports betting app to come to Wyoming as DraftKings, FanDuel, and BetMGM are already live. Since sports betting launched in Wyoming in September 2021, […]

MGM Resorts International (MGM) saw a large amount of trading after-hours today after the company released their Q2 earnings, reporting a 44% boost in revenue. The boost in revenue allowed MGM to acquire 32 million shares of their stock for around $34.40 and after-hours trading shot MGM up almost 2% […]