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News
Detroit casino revenue halves in November amid latest Covid-19 closures
Revenue from the three commercial casinos in Detroit, Michigan more than halved in November following a temporary order closure issued by Governor Gretchen Whitmer in…
Tipico launches sports betting app in New Jersey
German sports wagering operator Tipico has announced that its US business has launched a new sportsbook mobile application in the state of New Jersey. Players…
XLMedia acquires US-focused CBWG Sports
Affiliate marketing services provider XLMedia has completed the acquisition of sports gaming and sports betting business CBWG Sports. XLMedia will pay an initial $12.0m (£9.0m/€9.9m)…
Caesars to transform Harrah’s New Orleans into Caesars New Orleans
Caesars Entertainment has shared plans to invest $325m, transforming its existing Harrah’s New Orleans casino property into the rebranded and renovated Caesars New Orleans. The…
US commercial gambling market continues to recover in October
US commercial gross gaming revenue (GGR) increased for the sixth consecutive month in October to $3.38bn, primarily due to growth within both the igaming and…
DraftKings seals betting partnership with Foxwoods parent
DraftKings has struck a deal to launch online and retail sports betting in Connecticut, through a new partnership with the Mashantucket Pequot Tribal Nation, operator…
BetMGM launches online casino in Pennsylvania
BetMGM, the betting brand operated via the Roar Digital joint venture between GVC Holdings and MGM Resorts, has launched an online casino offering in the…
fuboTV acquires Balto Sports to enter online sports betting market
US-based live TV streaming platform, fuboTV, has acquired fantasy sports supplier Balto Sports, marking its first move into the online sports wagering market. Balto Sports…
Flutter details £1.1bn share placing for FanDuel deal
Flutter Entertainment has revealed the details of the cash-generating new share issue launched to raise £1.1bn towards its increased stake in FanDuel. The group that…
Scientific Games joins “Gift Responsibly” holiday campaign against underage lottery play
Gaming and lottery supplier Scientific Games has joined the National Council on Problem Gambling (NCPG)’s “Gift Responsibly. Lottery Tickets Aren’t Child’s Play” holiday campaign to…
Landcadia II looks to complete GNOG deal on Dec 18
Nasdaq-listed special purpose acquisition company Landcadia Holdings II has called a special meeting on December 18 for shareholders to approve its acquisition of Golden Nugget…
Flutter ups FanDuel stake to 95% in $4.18bn deal
Paddy Power Betfair and Pokerstars owner Flutter Entertainment has conditionally agreed to purchase a further 37.2% stake in US betting and daily fantasy sports brand…
Sports Bet Montana pays out $11.4m since launch
Sports Bet Montana has paid out more than $11.4m to sports bettors in the state since wagering began in March, with small businesses offering the…
MGM Resorts raises $700m from MGP units redemption
MGM Resorts International has raised $700m after arranging for real estate investment trust (REIT) MGM Growth Properties (MGP) to redeem 23.5m operating partnership units. The…