Oregon Sports Betting Handle Drops to $24 Million in March
Oregon State Lottery has released its monthly revenue report revealing a sports betting handle of just $24,054,960 down 18.7% on February's handle of $29,600,150.
Gambling Industry News
PokerStars was “an illegal internet gambling criminal syndicate” – Ordered To Pay $100 Million Fine
Judge tells state that it can now collect $100 million in bonds from PokerStars
Ontario Drafts Regulations with Big Implications for Gambling Advertising and Marketing in Canada
Bye-bye VIP Programs?
LeoVegas Fined for Allowing Customer Deposits Potentially Linked to Organized Crime
The Swedish Gambling Authority Spelinspektionen has fined online gaming company LeoVegas SEK 2 million (€197,051) for breaching customer due diligence regulations. The breach occurred in 2019 during Sweden's first year of market regulation.
Betway Parent Company Super Group to Go Public via Merger With Sports Entertainment Corp.
Super Group Holding Company (SGHC Ltd.), the parent company of online bookmaker Betway and online casino Spin, has announced a merger agreement with Sports Entertainment Acquisition Cop. (SEAH) that will see the company go public in US markets.
Michigan Sports Betting Handle Reaches Record-breaking $383.7 Million in March
The Michigan Gaming Control Board has revealed that sportsbook operators posted a record-breaking sports betting handle of $383,691,892 for the month of March. This represents a 15.1% increase on February's handle of $325,569,037.
Canada’s House of Commons Passes Single-event Sports Betting Bill
The legislation will now head to the Senate for approval where it is expected to pass without too much difficulty.
Caesars Announce Completion of $4B Acquisition of William Hill
Caesars Entertainment has today finalized the $4 billion purchase of William Hill. The deal means that the combined companies now have market access to sports betting in 18 states and jurisdictions with Caesars expecting that number to rise to 20 by the end of 2021.
Gambling Industry News
Indiana Sports Betting Handle Grows by 21.4% to Over $316 Million in March
The Indiana Gaming Commission has released its latest monthly revenue report showing that the state's sportsbooks posted a sports betting handle of $316,717,762.
Casino News
Japan’s Casino Draft Lists Nine Permitted Games and Stresses Need for Clean Image
The Japan Casino Regulatory Commission has released a draft of proposed regulations that will govern the nation's casino industry. The draft includes a list of nine games that are currently banned but which are set to be legalized as part of the government's redevelopment plans for the industry.
Canada Gambling News
Canada Legal Sportsbetting Bill Receives Approval
Following its third reading Thursday evening, the Canadian House of Commons adopted Bill C-218 to repeal the existing ban on single-game sports betting in Canada,
Casino News
Australian Authorities Order Internet Providers to Block Four Gambling Websites
The Australian Communicates and Media authority (ACMA) has ordered internet service providers to block four more offshore websites offering unlicensed gambling services and products.
Gambling Industry News
Pennsylvania Posts $560.2 Million Sports Betting Handle for March
The Pennsylvania Gaming Control Board has released its latest monthly reports showing that the state's licensed sportsbook operators posted a sports betting handle of $560,259,181 for the month of March. The latest figures mark a 9% rise on February's handle of $509,547,820.
Casino News
New Jersey Gambling Revenue Grows 119.8% to $359.3 Million for the Month of March
The latest monthly reports from the Office of the Attorney General in New Jersey show that the state's licensed casinos, racetracks, and sportsbooks reported revenue of $359.3 million, up 119.8% on the $163.5 million for the same month last year.
Gambling Business News
Betsson Acquires 35% Stake in Strive Platform to Support US Launch
Swedish online gaming company Betsson AB has announced that it has acquired a 35% stake in Strive Platform Ltd in a deal worth €5.4 million ($6.5m). The agreement also includes an option to increase its shareholding by another 5% following Betsson's US launch set to take place in the second half of 2021.