Gambling Industry News

Bet365 Owner Denise Coates Considering £9 Billion Sale

Bet365 Owner Denise Coates Considering £9 Billion Sale

The owners of gambling superpower bet365 are considering a £9 billion sale of the firm amid interest from the United States. The company has held talks with Wall Street banks and US advisers over the last few weeks regarding a full or partial sale that could fetch the upper echelons of a ten-figure sum. The […]

Portugal Online Gambling Market Hits Record €323m For Q4 In 2024

With final Q4 2024 figures now in, it’s been reported the Portugal online gambling market continues to rise – with the sector hitting a record high for the end of the year. Portugal Online Gambling Sector Peaks With Record €323m Q4 Figures Trends across most of Europe have continued to rise in recent years within […]

Legendary Jockey Frankie Dettori Lands Ambassadorial Role With Leading Betting Platform Stake

Legendary jockey Frankie Dettori has landed a role as global ambassador for leading betting platform Stake. Dettori, 54 is widely regarded as one of the greatest riders of all-time and enjoyed a decorated career in Europe from 1987 to 2023 – winning 23 British Classics and a total of 287 Group 1 races to date. […]

New York Senate Amends Bill To Target Sweepstakes Casinos

A bill proposing to ban sweepstakes casinos in New York has been amended to give regulators more control over what constitutes a dual-currency system. Sen. Joseph Addabbo’s SB5935 aims to prohibit social and sweepstakes casinos in the Big Apple. The bill originally defined online sweepstakes as a platform that “utilizes a dual-currency system of payment […]

Florida Bills To Ban Sweepstakes Casinos Fail To Progress

Florida Bills To Ban Sweepstakes Casinos Fail To Progress

A pair of bills that aimed to tackle the rise of sweepstakes casinos by banning dual-currency gambling will no longer be considered by Florida lawmakers. The bills are off the table despite state lawmakers extending the legislative session from the original end date of May 2nd to June 6th. Former Philadelphia Eagle, Sen. Corey Simon had […]

Kentucky Derby Sets Record Horse Racing Betting Handle

Kentucky Derby Sets Record Horse Racing Betting Handle

The 151st Kentucky Derby, held on Saturday, set a new record betting handle for US horse racing. Early reports suggest US gamblers staked a total of $234.4 million on the race, up 11% from last year’s $210.7 million. It was the second running of the race since Kentucky sports betting was legalized in September 2023. […]

NBA Contact CFTC About Risk Of Prediction Markets

NBA Contact CFTC About Risk Of Prediction Markets

The NBA has sent a letter to the Commodity Futures Trading Commission (CFTC) about the risks of continuing sports prediction markets. The pro-basketball organization became the second major professional sports league to raise concerns about the spread of prediction markets on sites such as Kalshi, following the MLB, which sent a letter last month. Alexandra […]

Fanatics Casino Launches in Michigan, New Jersey, Pennsylvania & West Virginia

Fanatics Casino Launches in Michigan, New Jersey, Pennsylvania & West Virginia

Fanatics Betting and Gaming has announced the launch of Fanatics Casino on iOS and Android for the following four U.S. states: Michigan, New Jersey, Pennsylvania, and West Virginia. Fanatics Casino is also launching a web version today in West Virginia with Michigan, New Jersey, and Pennsylvania coming soon. To celebrate the launch, all Fanatics Casino […]

Betting & Gambling Jobs

Aristocrat Gaming Launches New Cabinet, The Baron Portrait

Just months after Aristocrat Gaming introduced The Baron Upright cabinet last fall, the gaming company recently launched The Baron Portrait, now available on casino floors across North America. The Baron Portrait has the same shape as The Baron Upright, but there’s one noticeable difference: a cutting-edge 43-inch curved ultra hi-def 4K monitor. According to Aristocrat […]

Gambling Industry News

South Carolina Education Lottery to Adopt Scientific Games’ SCiQ Retail Technology

Scientific Games, the world’s largest lottery games entity, will continue to power South Carolina Education Lottery “firsts” with the launch of the global company’s SCiQ retail ecosystem at retailers across the state. The SCiQ technology systems will be deployed as part of the Lottery’s focus on improving the retail environment for its Scratch-Off games, simplifying […]

IGT, Red Earth Casino Sign Multi-Year Casino Management Systems Agreement

International Game Technology PLC (IGT) announced recently that it has signed a multi-year systems agreement with Red Earth Casino in Thermal, Calif. to displace a competing casino management system (CMS) with the award-winning IGT Advantage CMS. After deploying IGT Advantage, Red Earth Casino will complete a full-floor systems-hardware upgrade with advanced Avento capabilities, leverage IGT’s […]

Caesars Entertainment to Transform Harveys Lake Tahoe Into Caesars Republic Lake Tahoe Hotel & Casino

Caesars Entertainment has announced plans to transform Harveys Lake Tahoe, located in Stateline, Nevada, into Caesars Republic Lake Tahoe Hotel & Casino this summer. The $160 million renovation will include remodeled hotel rooms, elevated dining, and upgraded gaming options. Harveys Lake Tahoe Will Become Caesars Republic Lake Tahoe Hotel & Casino On July 1 Guests […]

Gambling Industry News

Michigan Gaming Control Board Raises Concerns to CFTC About Sports Event Contracts

The Michigan Gaming Control Board (MGCB) has submitted comments to the Commodity Futures Trading Commission (CFTC) expressing strong concerns about the offering of sporting event contracts in Michigan. MGCB Says Any Form Of Internet Sports Betting Must Comply With The LSBA In a letter addressed to Acting Chairperson Caroline Pham, Executive Director Henry Williams argued […]

Harrah’s Northern California Reveals Million-Dollar Prize Wheel

Harrah’s Northern California has announced a new $1 million promotion for guests. Starting Thursday, May 1st, guests can earn entries to spin a prize wheel for a chance to win the grand prize. The drawing itself will be held on Saturday, May 31st, from 3:00 PM to 10:00 PM. The $1 million promotion is available […]

Gambling Industry News

Public Health Advocacy Institute Responds to NCAA Decision to Sell Gambling Data to Sportsbooks

The Public Health Advocacy Institute (PHAI) has issued a response to the National Collegiate Athletic Association (NCAA) for entering into an agreement with Genius Sports to sell real-time sports data to the gambling industry. According to the PHAI’s news release, the Advocacy Institute researchers believe the NCAA is “placing money and profits over public health […]

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