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Northstar Bets

NorthStar Gaming eyes TSX listing with reverse takeover bid

Canadian online betting and gaming operator NorthStar Gaming is working towards a public listing on the Toronto Stock Exchange.

The newly formed operator of the NorthStar Bets brand in Ontario has signed a non-binding letter of intent with Canadian Securities Exchange-listed mineral exploration company Baden Resources to effect a proposed reverse [...]

1 min read

Gambling Commission issues guidance ahead of new safer gambling requirements

Britain’s Gambling Commission has issued guidance for operators ahead of the introduction of new consumer protection rules which come into force in September.

The new rules apply from 12 September and require online operators to monitor players for indicators of harm, identify vulnerable customers, and employ automated and manual customer interaction [...]

1 min read

Louisiana retail and online sportsbook wagers dip in May

Louisiana’s regulated sports betting market declined for the fourth consecutive month as online and retail wagers fell to $171.1m in May 2022.

Total wagers were down 18 per cent compared to the previous month, with the state’s seven licensed online sportsbooks contributing $142.6m, equivalent to 83 per cent of the monthly [...]

1 min read
Spain

Spanish iGaming market declines 15% in first quarter

Spain’s regulated online betting and gaming market declined by 15 per cent versus a year ago to €204.4m during the first quarter of 2022.

After seeing gross gaming revenue (GGR) fall by 24 per cent during the final quarter of last year, the Spanish market continued to decline into Q1 as [...]

1 min read
PointsBet

PointsBet secures investment from SIG Sports

Sydney-listed betting and gaming operator PointsBet has secured an AUD$94.2m investment from Pennsylvania-based financial trading firm SIG Sports Investment Corp.

PointsBet has agreed to issue 38,750,000 shares to SIG Sports at a price of $2.43 per share, representing a 15 per cent premium compared to the five-day volume weighted average price [...]

1 min read

BetCity takes over as shirt sponsor of Fortuna Sittard

Online sports betting and gaming operator BetCity has been unveiled as the new shirt sponsor of Dutch Eredivisie football club Fortuna Sittard. 

BetCity has been a sleeve sponsor of the club since February of this year, but will replace Hurkmans Groep as Fortuna Sittard's new shirt sponsor from the beginning of [...]

1 min read
Entain

Entain adds former Unilever executive Rahul Welde to board of directors

London-listed betting and gaming operator Entain has expanded its Board with the appointment of Rahul Welde as an independent non-executive director.

Welde brings over 30 years' experience in the global fast-moving consumer goods sector, having most recently served as executive vice president of global digital transformation at Unilever, where he [...]

1 min read

BetMGM partners Carnival Corporation to offer cruise ship gaming

BetMGM has entered into a new partnership with Carnival Corporation to deliver its retail and mobile sports betting and iGaming offering to more than 50 ships ported in the United States. 

The partnership will see BetMGM roll out its platform in phases to cruise ship guests on Carnival Cruise Line, Holland [...]

2 mins read
Maryland

SWARC provides update on Maryland mobile sports betting licenses

Maryland’s Sports Wagering Application Review Commission (SWARC) will evaluate draft regulations and license application procedures next week, ahead of a special meeting scheduled for later in the month to approve the drafts.

The Commission said Thursday that this will enable it to launch the license application process this summer, after Maryland [...]

1 min read

Strong growth for Michigan iGaming and online betting operators in May

Michigan’s commercial and tribal casino operators enjoyed another strong month as total gross receipts from online sports betting and iGaming increased by 41 per cent to $160.9m in May 2022.

May’s results benefited from a 34 per cent year-on-year increase in iGaming gross receipts to $127.4m, while sports betting gross receipts [...]

1 min read
Pennsylvania

Pennsylvania gambling revenue climbs to $447.8m in May

Pennsylvania’s licensed betting and gaming operators posted another solid month of growth as total revenue from all forms of regulated gambling increased by 8 per cent to $447.8m in May 2022.

The year-on-year revenue growth was driven by strong performances in sports betting, iGaming and land-based gaming, with fantasy contests the [...]

1 min read
New Jersey

New Jersey betting and gaming market grows 15% in May

New Jersey’s casinos, racetracks and their partners saw total gaming revenue increase by 15 per cent to $430.6m in May 2022, benefiting from year-on-year growth across all products except online poker.

Total casino win from the state’s nine licensed casino properties rose by 9 per cent to $233.0m in May, with [...]

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