FanDuel enters D.C. market as lottery exits Gambet
IntroductionFanDuel Secures Green Light as Lottery's Sports Betting PartnerIn a strategic move aimed at enhancing the sports betting landscape, FanDuel has been officially approved as a subcontractor for the lottery’s…
Alabama Legislates Scaled-Back Gambling Bills with Exclusion of Sports Betting to Ensure Legal Compliance
IntroductionAlabama Moves Towards Legal Lottery with Recent LegislationIn a significant legislative development, Alabama lawmakers have taken steps to potentially introduce a state lottery through the passing of HB151 and HB152…
Michel Groothuizen appointed as new KSA chairman
IntroductionIn a significant leadership shift, the prominent company announced that its longstanding leader, Mr. Jansen, will be stepping down. Following this, the board has named Mr. Groothuizen as his successor,…
Jordan Levin announces new strategic vision for OpenBet
IntroductionOpenBet and IMG Arena Merge: A Strategic Move in Sports BettingThe fusion of OpenBet with IMG Arena marks a significant milestone in the sports betting industry, aligning under the consolidated…
Veikkaus GGR Decreases by 3.6% Due to Regulatory Changes in the Finance Sector
Introduction2022 Financial Overview: Revenue Downturn Amid Regulatory OverhaulsAs the financial year concludes, businesses across sectors face a challenging landscape characterized by declining revenues and rigorous regulatory transformations. The shifts, aimed…
British and Swedish regulators extend memorandum of understanding on gambling regulation
IntroductionIn a significant development, two leading gambling regulators have renewed their memorandum of understanding (MoU) aimed at enhancing the standards of gambling regulation globally. This collaboration marks a pivotal step…
Danske Spil sees revenue increase as lottery sales rise
Overview of Revenue in 2023Danske Spil Posts Impressive Revenue Growth in 2023Danske Spil, the Danish state-owned lottery and betting company, has showcased remarkable financial performance in 2023. The company's revenue…
IBIA Report Shows Impact of Role Restrictions on Unregulated Sports Betting Market
IntroductionComprehensive Study Reveals Economic and Integrity Benefits of Sports BettingAn insightful research piece, titled "The Availability of Sports Betting Products: An Economic and Integrity Analysis," has been released, showcasing the…
FL Entertainment’s Record Growth in 2023 Fueled by Online Success
Revenue OverviewFL Entertainment Reports Stellar Year-End Financials for 2023FL Entertainment, a prominent player in the entertainment sector, has unveiled its financial outcomes for the year concluding December 31, 2023. Detailing…
NeoGames reports steady net loss in FY23 amid pending sale to Aristocrat
IntroductionExploring NeoGames' Exciting Future with Aristocrat LeisureNeoGames, a global leader in internet gaming solutions, has recently marked a significant phase in its journey with the acquisition by Aristocrat Leisure, an…