GeoComply, a geolocation security and fraud prevention service provider, has announced that Kip Levin will become its new Chief Executive Officer, effective March 4. Levin brings over a decade of experience to the role, most recently working for FanDuel as its CEO of US business. Before that, he was Senior Vice President at Ticketmaster and […]
Kip Levin Appointed as GeoComply CEO Read More »
Last Thursday, the Georgia senate voted overwhelmingly against bill SR 131, which would have placed legalizing sports betting and casinos on the ballot for November. If the bill had passed and been approved by voters, it would have legalized online sports betting and casino gambling in Georgia, with a 20 percent taxation rate. The tax
Georgia Senate Cease Online Sports Betting Bill Read More »
Electronic table poker provider Jackpot Digital has extended its operations into Maine after being granted a gaming license from the Maine gambling regulatory body, Maine Gambling Control Unit (MGCU). The license marks the first US state-issued license given to Jackpot Digital, allowing the group to source its electronic poker tables and casino machines in the
Jackpot Digital Granted Maine Gambling License Read More »
B2B sports betting service provider Kambi Group has reported its 2024 Q4 and full-year revenue. Kambi made €44.5 million and €176.4 million in revenue, respectively. Kambi Group reported that adjusted EBITA for Q4 was €7.1 million, representing a margin of 16% but down 6% year-over-year, and €25.3 million for the 2024FY, a margin of 14.3%,
Kambi Group Reports €44.5M in Fourth-Quarter Earnings Read More »
Casino and entertainment company Caesars Entertainment has reported its Q4 and FY2024 revenue, producing $2.8 billion and $11.2 billion, respectively, slight decreases compared to the previous year. Caesars Entertainment also reported the net revenues for its individual branches. Caesars Las Vegas earned $1.1 billion in revenue during its fourth quarter, Caesars Regional produced $1.3 billion,
Caesars Entertainment Reports $2.8 Billion in Revenue in 2024 Q4 Read More »
On February 20, Canada faced the United States in the finals of the 4 Nations Tournament, defeating Team USA 3-2. This made the hockey game the most-bet-on hockey event for online operators, with DraftKings recording its highest-ever handle for a hockey game. “Handle for the 4 Nations Final surpassed last year’s World Series games and
4 Nations Face-Off Breaks Sports Betting Records Read More »
Two men’s basketball student-athletes on the Fresno State basketball team have been accused of placing bets on games they had participated in. According to ESPN sources, junior forward Mykell Robinson has been removed from the team for placing bets on the Bulldog men’s basketball team that they would score lower points and rebounds in matches.
Fresno State Men’s Basketball Team Investigated for Gambling Activities Read More »
The American Gaming Association released its report on US gaming in Q4 2024 and 2024 as a whole, revealing operators generated gross gaming revenue of $71.92 billion across all verticals. Most of this came through land-based gambling operations, including land-based casinos and retail sportsbooks, providing 70% of the total through $50.32 billion. Online gaming through
US Gaming Revenue Hits Record $71.92 Billion in 2024 Read More »
Charitable gaming operator Grover Gaming has announced it will sell its charitable gaming assets under the Grover Charitable Gaming name to game developer and technology provider Light & Wonder for $1.05 billion. The deal will include $850 million in cash which will be paid at the close of the transaction and another $200 million in
Light & Wonder Agrees to $1.05 Billion Acquisition of Grover Charitable Gaming Read More »
New Jersey iGaming operator PlayStar has formed a new advisory board. The board will back the company’s initiatives to maintain growth in the Garden State while seeking additional expansion opportunities. The Advisory board brings together six figures from within the iGaming and investor communities: John Finamore, Jai Maw, Carl Sottosanti, Alison Digges, Richard J. St. Jean,
PlayStar Announces New Advisory Board Read More »