New York-listed online betting and gaming operator Rush Street Interactive has lowered its full year revenue guidance, despite strong growth in the third quarter of the year.
Rush Street Interactive (RSI) now expects to generate revenue of between $580m and $600m for the full year, which at the midpoint would represent [...]
GeoComply has been awarded a contractor licence for its geolocation and ID verification services by the Maryland State Lottery and Gaming Control Agency.
The license will allow GeoComply to supply its geolocation, ID verification, and fraud detection and prevention services to regulated operators in Maryland when the state launches online sports [...]
In part one of our analysis of the 2022 World Cup, Gaming Intelligence reviews a sample of 19 sportsbooks in different jurisdictions to see what odds are being offered on the outright winner market.
As Qatar prepares to host the FIFA World Cup 2022, more jurisdictions than ever before will permit [...]
Colorado’s licensed sportsbooks benefited from the return of the professional and college football season as September handle increased by 10 per cent to $450.2m.
The state’s 24 online operators saw handle climb 11 per cent year-on-year to $445.6m, offsetting an 18 per cent decline in handle from Colorado’s 14 retail sportsbooks [...]
Caesars Entertainment returned to profit in the third quarter of the year as net revenue increased by 6 per cent to $2.89bn.
The year-on-year growth was driven by another strong performance in the Las Vegas segment as net revenue climbed 6 per cent to $1.08bn, while Caesars Digital net revenue more [...]
Sports betting handle in Wyoming increased by 117 per cent year-on-year to $13.58m in September, marking the second highest monthly handle since the regulated market opened a year ago.
The increased handle combined with a strong margin of 14.2 per cent to give the state's four licensed operators total gross win [...]
New York-listed Churchill Downs Incorporated (CDI) has expanded its footprint into Virginia, New York and Iowa after completing the acquisition of Peninsula Pacific Entertainment for $2.75bn.
Following an initial agreement in February, the acquisition was completed after CDI received licensing approvals from the Virginia Racing Commission, the New York State Gaming [...]
New York-listed casino operator Boyd Gaming has completed its previously announced acquisition of iGaming technology supplier Pala Interactive.
The $170m acquisition from the Pala Band of Mission Indians will drive Boyd’s expansion in the online gaming market by giving the company a proprietary player account management system and online casino, poker, [...]
Sports betting handle in Washington DC fell by 6.5 per cent in September to $19.4m, although margin of 18.2 per cent meant that monthly gross win of $3.5m was the highest of the year.
American Wagering, trading as Caesars/William Hill, was the market leader with a betting handle share of 38 per [...]
Rhode Island’s sports betting handle increased by 8 per cent to $94.6m in the first quarter of the Rhode Island Lottery’s 2022/23 financial year.
Strong growth online helped September handle increase by 1 per cent to $41.7m, the best monthly performance since March.
Online sports betting handle was up 27 per cent [...]
Shares in Wynn Resorts gained almost 10 per cent in New York Monday after casino executive Tilman Fertitta acquired a significant stake in the business.
A Securities and Exchange Commission filing published Monday shows Tilman Fertitta acquired 6,917,551 shares in Wynn Resorts on October 19, giving him a 6.1 per cent [...]
Nevada’s gambling market generated revenue of $1.25bn in September 2022, an increase of 7.9 per cent year-on-year, taking the state’s total gambling revenue above $11bn in the year to date.
Statewide revenue from slot machines increased by 10 per cent to $858.1m, representing 69 per cent of gambling revenue in September, [...]