BlueBet Holdings has made a significant move to consolidate its position in the Australian online wagering market by acquiring certain assets from Queensland bookmaker TopSport in a deal valued at $15 million. This strategic acquisition will help BlueBet further strengthen its market share, bringing it closer to its target of holding 10-15% of the domestic market. The deal, which includes the acquisition of TopSport’s customer base, intellectual...
In its Fiscal Year 2024 (FY24) report, BetMGM LLC has reflected on a challenging yet pivotal year of investments and strategic shifts. The sports betting and iGaming operator, a joint venture between MGM Resorts and Entain, faced a deeper-than-expected EBITDA loss of $244 million, compared to $62 million in 2023. Despite this setback, the company demonstrated resilience through a 7% year-on-year increase in net revenue, reaching $2.1 billion. Notably, iGaming proved...
After nearly a year of extensive renovations, Comanche Cache Casino is preparing for its grand reopening on Friday, February 21, 2025, after closing in February 2024 for a major expansion. As part of this phase two development, the casino is set to introduce an array of upgraded features, including a larger gaming floor, a newly designed outdoor veranda, and a convenience store complete...
Governor Greg Abbott’s recent comments have provided a glimmer of hope for those advocating for legalized sports betting in Texas. The governor’s stance could mark a significant turning point in the ongoing debate over gambling regulations in the state, especially as growing support from Texans, along with major sports organizations, continues to push the issue forward. Texas governor’s shift on online sports...
The House Committee on Gaming in the Northern Mariana Islands is working on a bill that would dismantle the Commonwealth Casino Commission (CCC) and reassign its regulatory powers to the Commonwealth Lottery Commission. The proposed legislation aims to address current operational challenges within the CCC while also expanding gaming opportunities in the Commonwealth. Rep. Ralph N. Yumul, chair of the...
Americans are anticipated to place approximately $1.5 billion in legal wagers on Super Bowl 59, according to Eilers & Krejcik Gaming (EKG), cited by EGR North America. This estimate includes bets placed across 34 states where commercial sports betting is legal. The game, featuring the Kansas City Chiefs and the Philadelphia Eagles, is set to attract an influx of high-stakes...
Online casinos, such as Nett.casino, have seen significant growth in Norway, driven by advancements in technology and widespread internet access. With the convenience of playing from home, many Norwegians have embraced this form of entertainment. Understanding the unique framework of online gambling in Norway is crucial. The country’s regulations are among the strictest in Europe, but Norwegian players often explore...
In a significant move, the Mississippi House of Representatives voted on Monday to approve House Bill 1302, a proposal aimed at legalizing mobile sports betting in the state. The bill, which passed with overwhelming support at 88-10, marks a renewed push to establish regulated online sports betting in Mississippi after previous attempts faltered. The latest iteration of the bill has been revised to address concerns raised in...
The Florida Gaming Control Commission (FGCC) has taken decisive action against three overseas gambling operators accused of illegally running online sports betting, casino games, and horse racing operations accessible to residents of Florida. The commission issued cease-and-desist orders to the parent companies of BetUS, Bovada, and MyBookie, demanding that they halt all illicit activities targeting Floridian gamblers. Cease-and-desist orders issued to overseas operators:The companies involved include Milvus Ltc (operating BetUS.com.pa), Harp...
Brazil is quickly becoming an iGaming hub with a huge population of tech-savvy people and sports lovers dominating the country. Well, looking at the dynamic market flooding that is all over the country, operators are easily getting good opportunities to bring their services to the table, putting the Brazilian market on the global map. However, despite the whole market growth,...