Blog Posts

Morgan Stanley has revised its Macau-wide gross gaming revenue (GGR) estimates for 2023, with gaming revenues now projected to reach almost US$20 billion and rise to over US$25 billion next year. Analysts Praveen Choudhary, Gareth Leung, and Stephen Grambling expect mass gaming revenues to reach 90% of 2019 levels this […]

The Vermont Senate has given preliminary approval to H.127, a bill that would legalize online sports betting in the state. The legislation would allow up to six companies, such as DraftKings and FanDuel, to operate sportsbooks in Vermont. The bill proposes a dedicated fund to hold the revenue and fees […]

Bally’s Corp., the Rhode Island-based operator of casinos and online sports betting sites, is relaunching its online sportsbook, Bally Bet, in the United States with the help of technology providers Kambi Group PLC and White Hat Gaming. Bally’s had previously used an in-house platform, but after conducting a thorough evaluation, […]

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 quarter of 2023, accounting for more than 99% of bets […]

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 be the only places through which bettors can wager on […]

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 House Resorts property in Waukegan. While Circa’s CEO, Derek Stevens, […]

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 in Kentucky in the second half of 2023, after the […]

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 revenue. The NRL executives are negotiating to host two round […]

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 sports gaming facilities, rather than the five currently allowed under […]