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Nevada Casinos Generate $1.28 Billion in May Revenue, 27th Consecutive Month Above $1 Billion

According to the Nevada Gaming Control Board's monthly revenue report, the state's casinos reported combined revenues of $1.28 billion in May. Although this represents a 0.84% decrease compared to the previous year, it marks the 27th consecutive month that casinos...
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Proposed ad ban in Australia – could benefit newcomers

According to analysts at Jefferies, the proposed ad ban in Australia is likely to have a net positive effect on incumbent brands in the industry. The proposals in the Australian parliament would impose a blanket ban on advertising, promotions, and...
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Super Group’s inclusion in the Russell 2000® Index and Russell 3000®

Super Group's inclusion in the Russell 2000® Index and Russell 3000® Index took place during the annual reconstitution of the Russell Indexes. The formal inclusion occurred after trading closed on June 23, and the effective inclusion started with the market...
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Fanatics gets the nod for Points Bet Holdings

PointsBet has announced that its board unanimously recommends an improved $225 million offer from Fanatics Betting and Gaming (FBG) for its US betting interests. This offer represents a 50% increase from FBG's prior bid. The deal will involve an initial...
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DraftKings is making gains in the online sports betting (OSB) market

DraftKings is making gains in the online sports betting (OSB) market, taking market share from operators below it in the rankings. In May, DraftKings controlled 32% of the market, compared to its 27.7% share in the previous 12 months. Meanwhile,...
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Pennsylvania Gambling Revenue Surges 7.05% YoY in May, Driven by iGaming and Sports Betting

The Pennsylvania Gaming Control Board (PGCB) has reported a 7.05% year-on-year increase in gambling revenue in May. Combined revenues across all sectors reached $479.3 million. Retail slots remained the primary revenue source, generating $210.8 million. iGaming saw substantial growth, with...
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DraftKings on the move

In New York, DraftKings maintained its lead in terms of gross gaming revenue (GGR) for the second consecutive week. In the week ending June 18, DraftKings generated GGR of $12.4 million, surpassing FanDuel's GGR of $11.8 million. This follows the...
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OSB markets of New Jersey, Pennsylvania, and Michigan

In the OSB (Online Sports Betting) markets of New Jersey, Pennsylvania, and Michigan, FanDuel, DraftKings, and BetMGM continue to dominate, holding a combined market share of 81% to 90%. The dominance of these three operators is deterring challengers from entering...
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The passage of legislation in Rhode Island

The passage of legislation in Rhode Island has provided a boost to the US iCasino market, with Bally's and IGT set to be the sole operator and supplier, respectively. The market is expected to open in March of next year...
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Sports Betting IPOs on the Way & iBET Sports Betting & Gaming ETF (IBET)

With the IPO market starting to open up, Sports Betting IPOs are on deck for the US Market and Flutter (FLTR-LN) and Fanatics are two we should be seeing soon. Flutter Entertainment listed on the London Stock Exchange (FLTR-LN) operates...
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WarHorse Casino Lincoln Launches Nebraska’s First Sportsbook

WarHorse Casino Lincoln has announced the opening of its sportsbook, marking the much-anticipated introduction of sports betting in Nebraska. Customers can place wagers at the casino's sportsbook window or through the convenience of 10 kiosks within the facility. The casino...
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NFL to reinforce its gambling policy to players

The NFL is taking steps to reinforce its gambling policy to players and educate them about prohibited activities in light of recent violations. All rookies will be required to attend mandatory education sessions, and league officials are making in-person visits...
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Vermont Governor Signs Sports Betting Bill Into Law, Launch Expected in January 2024

Vermont has officially legalized sports betting as Governor Phil Scott signed a bill approved by the state legislature. The move makes Vermont the 38th state to legalize sports betting and the final Northeast state to do so. The governor expressed...
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MGM Resorts’ Table Games new rules allowing guests to take photos and videos

MGM Resorts' Table Games Operations Department has implemented new rules allowing guests to take photos and videos at its Las Vegas casinos, according to a memo obtained by Casino.org. The policy, set to launch in May 2023, aims to enable...
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PointsBet Considers Last-Minute DraftKings Offer While Recommending Fanatics Bid

The board of PointsBet has announced its intention to explore a last-minute offer by DraftKings while continuing to recommend the bid from Fanatics, at least for now. PointsBet, an Australian company, issued a press release stating that it will engage...
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888 Investor Action

Hedge fund HG Vora Capital Management has revealed a stake of 5.5% in 888 Holdings, making it the latest activist investor to join the company's shareholder register. This comes shortly after the news of a 6%+ holding in 888 by...
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Bet 365 Making a Move

According to the US Sports Betting Market Monitor from Eilers & Krejcik Gaming (EKG), bet365 has shown significant progress in certain US markets. The report indicates that bet365 ranked as the fifth most downloaded app, following the top three market...
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DraftKings has made a move to acquire PointsBet

DraftKings has made a move to acquire the US arm of PointsBet by offering an all-cash offer of $195 million. Previously, Fanatics had entered into a binding agreement with PointsBet to acquire its US arm. However, DraftKings has now surpassed...
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Casinos In Detroit Bring In $105.6 Million In May

In May, the three casinos in Detroit reported a total revenue of $105.6 million, which represented a 2.9% decrease compared to the same month the previous year. The majority of this revenue, amounting to $104.7 million, was generated from table...
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IGT Selling Assets

IGT is considering selling off its gaming and digital content business to focus on its core lottery arm. The potential sale includes its global land-based casino games business, which has attracted interested buyers. However, the future of its sports betting...
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