In a remarkable recovery from Friday’s unexpected sell-off, DraftKings (NASDAQ: DKNG) saw its stock climb significantly, thanks to a wave of analysts raising their price targets. This surge came on the heels of the company’s strong first-quarter earnings, which impressed the market and led to an optimistic reassessment of its financial trajectory. Market Optimism Fueled […]
A Record-Breaking Run: 150th Kentucky Derby Shatters Betting Records with $446 Million Wagered
As the dust settles on the 150th Kentucky Derby, records have been shattered and history rewritten at the Churchill Downs racetrack. An astounding $446 million in bets were placed during this year’s Derby week, with a crowd of 156,710 fans flocking to witness a thrilling race crowned by Mystik Dan’s remarkable victory. The Triumph of […]
Missouri Set to Vote on Legalizing Sports Betting in November Election
Missouri voters will have the chance to decide on legalizing sports betting during the November election, following a successful petition by Winning for Missouri Education. The group, backed by state professional sports teams, has gathered over 340,000 signatures, surpassing the required 171,592 to secure a spot on the ballot. Sports Betting Initiative Gains Momentum The […]
Push Gaming Launches Retro Sweets Slot, the Latest Sweet Treat for Gamers
Push Gaming, a prominent provider of online gaming content, has launched its latest slot game, Retro Sweets. Building on the success of its November 2023 hit, Retro Tapes, this new high volatility slot enhances the player experience with innovative features, all while paying homage to its predecessor. Game Design and Features Retro Sweets utilizes a […]
Aristocrat Leisure Finalizes $1.2 Billion Purchase of NeoGames
Aristocrat Leisure Limited, a preeminent entity in entertainment and content creation, announced the completion of its $1.2 billion purchase of the renowned iGaming and iLottery provider Neo Group Ltd, previously known as NeoGames SA. The acquisition, at $29.50 per share, received strong approval from NeoGames’ shareholders during a recent meeting to finalize the transaction. Initiated […]
888.com Halts Gambling Ads on London Transport Amid Political Tensions
In a swift response to increasing scrutiny and criticism, online casino giant 888.com has announced it will pull its gambling advertisements from London’s public transport system. The decision emerges amidst a heated debate over advertising practices on the city’s tubes, buses, and taxis, intensified by disapproval from London Mayor Sadiq Khan and mounting political pressures. […]
Shifting Sands: Ukraine’s Gambling Regulation Reforms
Dissolution of KRAIL: A Legislative Move On April 24, 2024, the Ukrainian parliament, known as the Verkhovna Rada, cast a pivotal vote to dissolve the Commission for the Regulation of Gambling and Lotteries (KRAIL). This decision is expected to fundamentally alter the governance and regulation of gambling within the country. Draft law no. 9256d, which […]
NetBet Casino Announces Partnership with Habanero for Enhanced Danish Market Presence
In an exciting development for Danish online gaming enthusiasts, NetBet Casino has solidified its commitment to enhancing its game offerings by partnering with the renowned iGaming content provider, Habanero. This partnership marks a significant step for NetBet as it continues to expand its footprint in the regulated Danish market. Danish gamers can now enjoy a […]
Nevada’s Gaming Revenue Dips Amid Ongoing Federal Investigations
Revenue Trends: A Slight Decline Amidst Continued Growth Nevada has experienced a dip in gaming income for the first time in eight months. The Nevada Gaming Control Board (NGCB) reported a decrease of 1.7% across the state, with notable declines of 1.2% on the Strip and 1.6% in Clark County. Despite these drops, the overall […]
Legislative Move to Prohibit Credit Card Usage in Online Gaming in Pennsylvania
In Pennsylvania, a new legislative bill aimed at altering the way residents fund their online gaming activities has been introduced in Harrisburg. State Senator Wayne Fontana is spearheading the initiative with the Pennsylvania Online Gaming Amendment Bill, which seeks to prohibit credit card deposits for online gambling. This move is driven by concerns over increasing […]
