Finance
Oregon sports betting revenue up 293.0% YoY in May but down from April
The Oregon Lottery has reported a 293.0% year-on-year increase in sports betting revenue to $2.4m in May, while the US state’s handle also jumped 280.8%…
To SPAC or not to SPAC: An insider’s view
Having used special purpose acquisition companies (SPACs) as to exit investments, Clairvest’s Mohit Kansal, Michael Andrisani and Michael Wagman explain why they are experiencing a…
State of the Union: Better Collective, Connecticut, Bally’s and more
This week’s State of the Union, in partnership with Segev LLP, includes a number of high-profile mergers and acquisitions, including Better Collective’s deal to acquire…
Bragg acquires Wild Streak Gaming for $30m
B2B igaming technology and content supplier Bragg Gaming Group has announced its acquisition of Las Vegas-based content creation studio Wild Streak Gaming, in a deal…
Bally’s shareholders to vote on Gamesys deal at June 30 meeting
Bally’s shareholders are set to vote on a deal to acquire online operator Gamesys at a special shareholders meeting scheduled for June 30. The boards…
Better Collective closes $240m Action Network acquisition
Better Collective has closed its $240m acquisition of the Action Network, the largest deal in the super-affiliate’s history. The deal was announced at the start of…
Iowa sports betting dashboard: May 2021
Both revenue and handle declined month-on-month in April, but were well above the levels recorded a year earlier when almost all sports were suspended because…
Penn National Gaming approved to complete Hollywood Perryville acquisition
Penn National Gaming (PNG) has secured final approval from the Maryland Lottery and Gaming Control Commission to proceed with its acquisition of the operations of…
Nevada records slight dip in gaming revenue for April
Gambling revenue in Nevada was down 2.6% month-on-month, but stayed above the $1bn mark, in April. Comparisons to April 2020 were not available for the…
New Hampshire sports betting revenue rockets 1,158.6% in April
The New Hampshire Lottery reported a 1,158.6% year-on-year increase in sports betting revenue to $3.3m in April, while the US state’s handle also hiked 1,129.0%…
DraftKings to fund new responsible gambling research with ICRG grant
Sports betting operator DraftKings has announced that it will provide a financial contribution to the International Center for Responsible Gaming’s (ICRG) Fund to Support Research…
New Jersey iGaming Dashboard – May 2021
New Jersey’s igaming market recorded its second highest monthly revenue total ever last month, while sports betting also made a strong year-on-year rebound. iGaming Business…
State of the Union: LeoVegas, Florida, Sportradar and more
This week’s State of the Union, in partnership with Segev LLP, includes LeoVegas’ entery into the US market, a step towards legal betting in Florida…
Pennsylvania sets revenue record as casinos re-open in April
The state of Pennsylvania generated gaming revenue figures of $404.1m (£284.9m/€331.0m) for April, a massive 776.2% increase on the same month last year when casinos…