New limits on sports betting in Colorado took effect this week as the state seeks to curb gambling-related harm while also maximizing industry taxes to fund the state’s water projects. The bipartisan law limits how sportsbooks can take deposits and market their services to customers, banning credit card deposits, limiting customers to six deposits per […]
Colorado Sets Betting Limits as Wagers Hit $6.4 Billion Read More »
Greentube, the digital gaming and entertainment division of gaming technology company Novomatic, has officially launched in Alberta, after the Canadian province opened its regulated online gambling market on July 13. After completing the necessary compliance checks and technical evaluations, the software developer secured a license with the Alberta Gaming, Liquor and Cannabis (AGLC), allowing it
Greentube launches in Alberta Read More »
Sports company Underdog has launched its own in-house federally-regulated prediction market exchange, expanding its offerings beyond fantasy sports and traditional sports wagering. The brand’s prediction market exchange is fully owned and operated by Underdog, and by securing licensing from the Commodity Futures Trading Commission (CFTC), it will allow users to legally make predictions on sports,
Underdog debuts prediction market exchange after gaining CFTC license Read More »
The sports betting arm of entertainment group DAZN, DAZN Bet, has officially launched its online sportsbook and casino site in Ontario, marking its first regulated gambling operation in North America. The launch comes after it gained approval from Ontario’s gambling regulator, the Alcohol and Gaming Commission of Ontario, earlier this year and adds another operator
DAZN Bet Enters North American Market with Ontario Launch Read More »
Alberta’s government expects its upcoming regulated online gambling market to generate around $76 million in tax revenue during its first year, which, Service Alberta Minister Dale Nally says, will be used to enhance responsible gambling measures. “We know that gambling will never be safe, it will never be responsible,” Nally said. “But there are ways
Alberta Expects $76 Million Revenue from Online Gambling Read More »
Online casino games developer Octoplay has earned a conditional license from the Alberta Gaming, Liquor & Cannabis Commission, extending its presence in the North American-regulated market. The license means that Octoplay will be allowed to supply its games to licensed operators when Alberta’s regulated online gambling market launches on July 13. The supplier already has
Octoplay Awarded License for Alberta’s Upcoming Regulated Market Read More »
Polymarket has officially returned to the US after receiving approval from the CTFC. Four years ago, it was banned from operation by the CFTC; however, on Wednesday, it announced that the app had become available for the over 200,000 people who had signed up on its waitlist. Sports event contracts are the first to appear
Polymarket Officially Returns to the US Read More »
Hard Rock Bet has partnered with Island Resort & Casino and the Hannahville Indian Community to launch its online casino and sportsbook in Michigan. The launch marks Hard Rock Bet’s 10th sports betting market, and second state where it offers its online casino. Marlon Goldstein, Executive Managing Director-CEO of Hard Rock Digital, said, “This expansion
Hard Rock Bet Launches in Michigan with Island Resort & Casino Partnership Read More »
Ohio’s four casinos reported revenue of $87.2 million last month, up from the previous year’s figure of $83 million and representing a year-on-year increase of 5%. The figures, published by the Ohio Casino Control Commission, revealed that of this amount, slot games yielded $63.9 million, up 6.2% from $60.1 million recorded the previous year, and
Ohio Casinos Report 5% Revenue Growth in October Read More »
New York’s four commercial casinos generated $56 million in revenue for October, up from the previous year’s total of $53.7 million and representing a year-on-year increase of 4.3%. The figures, published by the New York State Gaming Commission, revealed that of the combined total, slot games produced $43.1 million in revenue, up 7.1% year-on-year from
New York Casino Revenue Rises 4.3% Year-on-Year in October Read More »