Tennessee sports betting handle sees 5.6% decrease in January
In November 2023, Tennessee's sports betting handle exceeded $500 million for the first time since the market opened in November 2020. Despite a 5.6% drop in gross wagers month-on-month to…
Experience VIP Casino Gaming with Novomatic’s X Series
Novomatic is a leading provider of casino games in the gaming industry. Thomas Schmalzer serves as the Vice President of Global Sales and Product Management at Novomatic, overseeing the development…
DoubleDown Finance Achieves Net Profit Despite Revenue Decline in 2023
DoubleDown experienced a decline in revenue in 2023, citing changes in player behavior and economic conditions as contributing factors. However, the company's acquisition of SuprNation for $36.5m in November positioned…
Maximizing Sports Betting Experience with Personalized Sportsbook Technology
GR8 Tech is a leading provider of sportsbook platforms, offering cutting-edge technology for sports betting enthusiasts. With our advanced platform, users can enjoy a seamless experience when placing bets on…
New York’s Dominance in US Sports Betting Tax Revenue Revealed in Recent Study
The Quarterly Survey of State and Local Tax Revenue (QTAX) by the US Census Bureau added sports betting to its list of tax sources. In Q3 2023, sports betting generated…
Maximizing White Paper Success through Legal Compliance
Legal compliance is a crucial aspect of the industry, especially with the recent proposals outlined in the government's 260-page white paper.The appointment of a gambling ombudsman and the focus on…
Strategic Approval: Shareholders Greenlight Sega Sammy Acquisition by GAN
Sega Sammy Creation (SSC), a subsidiary of Sega Sammy, announced its acquisition of GAN in November of last year, with a deal worth $107.6m. The acquisition is subject to various…
GiG Announces 2023 Revenue and Net Profit Increase prior to Company Restructuring in Finance Sector
In early 2023, GiG made the decision to split its GiG Media affiliate and Platform & Sportsbook divisions into separate entities as part of a strategic review. This move will…
Promoting Tech Innovation: Novomatic’s Commitment to Sustainable Gaming
Christoph Neubauer is a key player in driving tech innovation at Novomatic, a leading provider of gaming technology. As the Head of Innovation Management, Neubauer is responsible for spearheading the…
MGM Resorts’ Financial Success Driven by Growth in China and Las Vegas in 2023
During a busy year for MGM in 2023, the group generated revenue of $16.20bn (£12.85bn/€15.12bn), marking a 23.7% increase from the previous year. The growth was driven by key markets…
