American Gaming Association (AGA) reports commercial non-tribal gaming in the US totaled nearly $5 billion in April, just short of the record set the month before.
Six-year lease will allow the National Council on Problem Gambling (NCPG) to introduce iconic hotline number to all US jurisdictions. Until now, the number was only available in New Jersey.
CEO Jason Robins also warns that the iGaming industry has been so focused on profitability that it has driven some of its competitors to engage in “irrational” investments.
Media report suggests investigators are looking into whether LeoVegas’ stock price was driven up before MGM Resorts offered $607 million to buy the company in May.
Most of the sports betting licenses yet to be issued will likely go to brick-and-mortar casinos. Lawmakers in 15 states still considering sports betting have proposed a 15% tax rate on average.
The sports merchandiser wants to use the BetFanatics name for its branded sportsbook. Its USPTO application also mentioned “organizing and conducting” online poker tournaments.
Michigan online poker & casino gaming generated a record $132.4 million in revenue, while online casino-only states Connecticut & Delaware also set new records in April.
While the operator is thrilled with its performance so far in Ontario, an “unfavorable tax environment” has prompted it to pull back from pursuing customers in New York.
FOX Bet is only live in four US states and is among the smaller sportsbooks. Could synergies like those proposed in Ontario between FanDuel & PokerStars work in the US?
“Multi-brand” strategy suggests DraftKings will keep Golden Nugget product in Michigan, New Jersey, and West Virginia. Expansions into Connecticut, Pennsylvania, and Ontario also possible.
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