In an exclusive, iDEA Growth’s John Pappas said that if IN expands its iGaming options in 2023, several other states with only sports betting could follow suit.
In a 103-page report, Spectrum Gaming Group estimates that Indiana online casinos could generate $469 million in revenue during their first year in operation.
The ban, which starts October 18, excludes websites for fantasy sports, poker, and sports betting. Four casinos that use crypto were named in the ban, but others may follow.
Judge rules Wire Act applies only to sports betting in a triumphant moment for US online poker and iGaming industries, and for the future of multi-state poker.
Future scenarios include BetMGM launching in the UK or Scandinavia. BetMGM could also get some new online casino titles. LeoVegas could also make its long-awaited entry into New Jersey.
Despite a $1.6 million fine in the UK & an insider trading probe in Sweden, MGM still wants to buy LeoVegas. It has until Aug. 30 to decide on the $607M offer.
Separate 10-year market access agreements with Caesars Entertainment will help company expand to North America. Future launches in Ontario and five other US states also planned.
Under an expanded agreement, Playtech will provide its live casino and random number generator (RNG) products onto 888 Holdings platforms, starting with 888casino NJ.
MGM Resorts International kicks off the Q2 2022 earnings session on Wednesday, followed by Bally’s, Penn National, & Rush Street Interactive (RSI) on Thursday. DraftKings will report on Friday.
Despite lingering economic challenges, online & retail casinos & sportsbooks generated $5.3 billion in March, making it the highest month on record.
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