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…
SUZOHAPP’s Tech Innovation in Attracting Next-Gen Gamers
Tiffany Sadler is a seasoned tech-innovation expert with a passion for driving forward-thinking solutions in the industry. As the Chief Innovation Officer at SUZOHAPP, she leads a talented team dedicated…
FDJ Reports Strong 6.5% Year-on-Year Revenue Growth in Finance Sector for 2023
In its 2023 report, FDJ highlighted solid revenue growth driven by momentum in its sports betting and online gaming sectors. Net gaming revenue increased by 18.8%, reaching almost 13% of…
PAGCOR criticizes privatization misconceptions
Alejandro H Tengco, chairman of PAGCOR, addressed a social media post by PAGCOR employee Gian Samson regarding the agency's strategy for privatization. Samson had suggested using funds to enhance the…
ACMA orders additional website blockages to ensure legal compliance in Australia
The Australian Communications and Media Authority (ACMA) has identified several online gambling services operating in breach of the Interactive Gambling Act 2001. These services include Playzilla, Wazamba, Zet Casino, and…
Betsson Achieves Record Financial Results in 2023 Due to Casino Growth
Betsson experienced a strong financial performance in 2023, with revenue growing by 22% to €948.2m. The company saw organic growth of 40%. Sportsbook revenue increased by 7% to €267.0m, while…
Detroit sports betting sees 8.8% decline in revenue compared to last year
January 2024 saw a decrease of 8.8% in total gaming revenue compared to the previous month. Table games and slots brought in $93.9m, while retail sports betting generated $500,221. MGM…