Flutter, the parent company of FanDuel, reported a 46% growth in revenues in constant currency to £2.41bn for Q1 2023. CEO Peter Jackson attributed the strong results to the company's focus on product improvements, with FanDuel achieving a 50% market...

According to figures from the Colorado Department of Revenue, more than 99% of all sports betting in Colorado was done online in March, with a total handle of $494.4 million. Mobile sports betting has dominated in Colorado for the first...

Minnesota is currently debating whether to legalize sports betting, as it is an outlier in the region with all neighboring states allowing gambling on sporting events. However, the issue that has bedeviled other states has come up: should tribal casinos...

Flutter, the parent company of FanDuel, has confirmed it will list the business in the US after receiving over 99% of the shareholder vote in favor of the decision at its Annual General Meeting. The move follows the appointment of...

Wynn Resorts has announced plans to build its latest resort destination, Wynn Al Marjan Island, in Ras Al Khaimah, UAE. The project is a partnership between Wynn Resorts, Marjan LLC, and RAK Hospitality Holding LLC, with a total estimated cost...

The gaming industry in Macau has experienced a strong recovery following the easing of COVID-19 border restrictions. In April 2023, gross gaming revenue reached MOP$14.72 billion (US$1.82 billion), which was a 450% increase from April 2022, when Macau's GGR was...

The Illinois Gaming Board has approved the license for Circa Sportsbook, which is now one step closer to launching as the eighth legal online sportsbook in Illinois. The sportsbook is tethered with The Temporary by American Place Casino, a Full...

Churchill Downs Inc., the biggest horse racing company in Kentucky, is set to provide FanDuel and other online platforms access to the state's consumers in exchange for a cut of the action. The company expects sports betting to go live...

The National Rugby League (NRL) is in talks to establish a long-term strategy to tap into the booming online sports betting market in the US, which could bring in hundreds of millions of dollars in broadcast fees, sponsorship, and gambling...

The latest version of Ohio's two-year budget bill includes language that could allow for more sports gaming facilities in Cuyahoga County and other large counties. If passed, House Bill 33 would allow Cuyahoga, Franklin, and Hamilton counties to have seven...

Yahoo has acquired peer-to-peer sports betting app Wagr, the first social sports betting operator to receive a license in the US. Wagr’s profit model relies on charging a 5% fee on all bets made by customers who make predictions while...

New Jersey's online gambling revenue broke the monthly record in March, reaching $165.7m, up 8.4% from the previous record of $152.8m in January, according to data from the New Jersey Division of Gaming Enforcement. The state's online gambling revenue has...

Macau's hotel and integrated resort operators are expecting a busy May Day Golden Week holiday with hotel occupancy rates expected to reach close to 90%, according to industry experts. The holiday is a traditional one in China and will occur...

As of now, it is unclear who will acquire PointsBet Sportsbook or for how much. The company has hired investment bank Moelis & Co. to help expedite its exit from the North American sports betting market. PointsBet offers a New...

Legalized sports betting has become a new revenue source for states and professional sports leagues in the USA. Currently, 34 states and Washington D.C. have legalized sports betting in some capacity, with each state having the power to create its...

Incognia, a location identity company based in California, has entered the US iGaming market with its geolocation and account security solution. The technology aims to help online gambling operators comply with jurisdictional requirements while preventing account takeovers and fraud. The...

DraftKings emerged as the leader in the Massachusetts sports betting market during the market's first month post-launch, capturing 46.9% of sports betting handle, while generating $16.1m in gross gaming revenue (GGR). FanDuel, with a higher hold rate of 9%, was...

Online gambling revenue in New Jersey reached a new high in March, with online casinos and poker generating $165.7m, an increase of 8.4% from the previous monthly high of $152.8m in January. Year-on-year, revenue in March 2023 was up by...

Galaxy Entertainment Group's upcoming Phase 3 and 4 of the Galaxy Macau resort will enhance its ability to gain market share in Macau, according to Credit Suisse analysts. The new amenities and increasing connectivity between the resort's phases should underpin...

Fanatics Sportsbook, the newly created sports betting arm of Florida-based Fanatics, could be live in as many as 15 US states by the start of the 2023 football season, according to founder and CEO Michael Rubin. The company is currently...