Chile Casinos Report 9.1% Revenue Growth to CLP$513.68bn in 2023
The rise in gross gaming revenue (GGR) in Chile's 25 venues was boosted by a 12% increase in casino visitors in 2023, reaching 7.1 million people. The average expense per…
Super Bowl Betting: Key Stats Showdown
The 58th edition of the Super Bowl was a huge success, breaking records for viewership and betting numbers.Taylor Swift's presence at the game helped generate $331.5m for the NFL, boosting…
Seamus McGill named permanent CEO of GAN – What it means for you
Seamus McGill took over as CEO of GAN, an online gambling solutions provider, last September after the resignation of Dermot Smurfit. McGill, who has been with the company since 2014,…
DraftKings Announces $750m Acquisition of Jackpocket – Strategic Move for Growth
DraftKings will pay approximately 55% of the purchase price in cash, utilizing its balance sheet without the need for a capital raise. This move aligns with DraftKings' strong financial position…
DraftKings Increases Revenue Projection for 2024 Following Impressive Q4 2023 Performance
DraftKings anticipates achieving its first full year of positive adjusted EBITDA in 2024, with earnings potentially reaching $510 million, up from the previously projected $450 million. Revenue for 2024 is…
Connecticut Study Reveals Impact of Problem Gambling on Social Responsibility
A recent study conducted by the Connecticut Department of Mental Health and Addiction Services shed light on the public's attitude towards gambling in the state. The findings revealed that 93.5%…
Penn National Gaming Reports Quarterly Net Loss of $358.8 Million After Launching ESPN Bet
Penn Interactive, a product of Penn’s $1.5 billion deal with Disney-owned ESPN, launched ESPN Bet in 17 states on November 15th. The launch saw Penn’s Interactive segment generate revenues of…
Pennsylvania sees $71.5 million in Super Bowl betting activity
Super Bowl 2024 saw a total of $71.4m in wagers placed through retail and online sportsbooks in Pennsylvania, marking a 15.1% decrease from the previous year when the Philadelphia Eagles…
Minnesota Governor Pledges to Legalize Sports Betting in 2024 Session
The Minnesota Sports Betting Act 2.0, proposed by Representative Jeremy Miller, aims to legalize sports betting in the state.The bill would allow Native American tribes, racetracks, and sports teams to…
Germany’s DSWV Urges Legal Compliance Measures as Black Market Betting Surges in 2023
German Sports Betting Association (DSWV) data for 2023 revealed a 5.4% decrease in stakes compared to the previous year. A recent survey commissioned by DSWV indicated that the black market…