Author: Adam Roarty
Posts by Adam Roarty
Catena Media has implemented cost-saving measures after reporting a 40% dip in EBITDA for Q1 this year. Adjusted EBITDA fell to €0.9 million, from €1.5 million in Q4 2024. Similarly, revenue dropped to €9.8 million, down from €10.2 million in Q4 2024 and €16.0 million in Q1 2024.
Gentoo Media reported €24.8 million in revenue for Q1 2025, marking an 11% decrease from €28.0 million in Q1 2024. This led to a net loss of €2.7 million, a significant downturn from a €9.7 million profit in Q1 2024.
Lawmakers in Ohio have introduced a bill proposing to legalize online casinos in the state. The bill aims to legalize online slots, interactive table games (including poker), parimutuel wagering, and iLottery games.
Rep. Megan Jones has accused the Iowa Division of Criminal Investigation (DCI) of using spying software on the Iowa Capitol before monitoring student athletes for online gambling.
Gambling giant Flutter Entertainment announced it has completed the acquisition of an initial 56% stake in NSX Group (“NSX”), a leading Brazilian operator of the Betnacional brand for approximately $350m.
An illegal gambling network was shut down in Pennsylvania, with police seizing hundreds of unregulated betting machines.
New UK regulations have redefined "gaming table" to include only staff-operated tables, impacting casino machine allowances.
Caesars Entertainment today announced the launch of its first proprietary online casino game, Caesars Palace Signature Multihand Blackjack Surrender. The game is now live exclusively on Caesars Palace Online Casino in New Jersey. The company recently established its own in-house games studio, Empire Creative, marking an expansion into gaming development for online casinos. In a press […]
New Jersey lawmakers are pushing for a study on gambling ad wording to promote responsible betting and reduce underage exposure. Assemblyman Clinton Calabrese and Assemblywoman Garnet Hall’s Bill A5562 was approved in the Assembly Tourism, Gaming and the Arts Committee last week. Then on Monday, Sen. John McKeon and Sen. Renee Burgess’ S4366 introduced a companion piece to a […]
A report published by regulatory intelligence provider Vixio predicts the American gambling market will surpass the European market by 2028. The report states that “By 2028, regulated online gambling markets in the U.S., Canada and Latin American countries are expected to generate US$56.3bn, drawing level with Europe or potentially surpassing it depending on currency fluctuations.” […]
Rush Street Interactive (RSI), the company behind BetRivers, has partnered with Integrity Compliance 360 (IC360) to launch a responsible gambling program for high-school students. The new initiative has been named the Gaming Literacy Aiding Decisions (GLAD). The program aims to help teenagers understand gambling and how to participate responsibly in the growing industry. Despite US […]
DraftKings is set to merge user accounts with Jackpocket, the lottery app it acquired last year. This consolidation aims to streamline user experience across both platforms. In a message to users, DraftKings wrote that “Jackpocket is part of the DraftKings family. In a few weeks, we’ll be merging your Jackpocket and DraftKings accounts so that […]