Sportsbook technology provider OpenBet has revealed that it collected a record $295m in amounts staked during last weekend’s Super Bowl LVII.
The company reported a 145 per cent increase in total wagers compared to last year’s Super Bowl, with OpenBet’s customers processing more than 13.6m bets in total, with a peak [...]
New York-listed MGM Resorts International has completed the sale of Gold Strike Tunica in Mississippi to a subsidiary of Oklahoma’s Cherokee Nation, the largest Native American tribe in the United States.
CNE Gaming has paid $450m in cash to acquire the Mississippi-based casino operations, following an initial agreement last June.
“Gold Strike [...]
A federal judge has granted Xpoint’s motion to dismiss a patent infringement complaint from rival GeoComply after finding GeoComply’s geolocation patent to be invalid.
GeoComply had accused Xpoint of patent infringement following the latter’s launch in August 2021 in the US, where it provides geolocation technology for online gambling in New [...]
10bet operator Blue Star Planet has agreed a £620,000 settlement with Britain’s Gambling Commission.
The payment in lieu of a financial penalty relates to shortcomings in the company’s anti-money laundering and responsible gambling policies between November 2019 and June 2021.
A compliance assessment by the Gambling Commission found that the company failed [...]
Pennsylvania’s licensed retail and online sportsbooks took in $84.3m in sports wagers on last weekend’s Super Bowl LVII.
According to preliminary figures from the Pennsylvania Gaming Control Board (PGCB), wagers on the Philadelphia Eagles/Kansas City Chiefs Super Bowl rose 24 per cent compared to last year’s event between the Los Angeles [...]
Paris-listed lottery, betting and gaming operator La Française des Jeux has reported a 9 per cent increase in full year revenue to €2.5bn in 2022.
FDJ’s core lottery business saw revenue improve by 11 per cent year-on-year to €1.92bn as the retail point of sale network returned to normality after covid, [...]
Oslo-listed gaming supplier and affiliate Gaming Innovation Group (GiG) has reported a 44 per cent increase in revenue to a record €26.0m for the final quarter of 2022.
The year-on-year growth was driven by record revenue performances from GiG’s two main business segments, which GiG will consider separating into two independent [...]
Revenue from Denmark’s gambling sector rose by 8 per cent to DKK6.72bn (€902m) in 2022 as the country's land-based operations recovered from the pandemic.
Land-based casinos showed the largest year-on-year percentage growth with revenue climbing by 59 per cent to DKK349m in 2022, up from a 10-year low in 2021.
Gaming machine [...]
Betting on Super Bowl LVII at Nevada’s 185 sportsbooks fell by 15 per cent to $153.2m, according to unaudited figures released by the state’s Gaming Control Board.
Ahead of the championship game, the Philadelphia Eagles were the marginal favourites on the points spread (-1.5), so the Chiefs’ win should have been [...]
International Game Technology (IGT) has expanded its presence in Mississippi after deploying its sports betting technology at Treasure Bay Casino and Hotel in Biloxi.
Treasure Bay converted its former William Hill-powered retail sportsbook platform to the IGT PlaySports solution, which includes on-premise mobile technology and trading advisory services.
“Converting to IGT's high-performing [...]
iGaming affiliate and technology supplier Gaming Innovation Group has announced a strategic review that will examine the separation of the company into two separate publicly listed businesses.
The company said that the purpose of the split is to sharpen the focus for each business segment and optimise growth opportunities by separating [...]
Stockholm-listed betting and gaming operator Betsson has reported an 18 per cent increase in group revenue to €777.2m in 2022, buoyed by record performances in casino and sports betting during the final quarter of the year.
Revenue in Q4 grew by 40 per cent year-on-year to €220.6m, with sportsbook revenue climbing [...]