Kambi Group PLC, a Malta-based provider of sports betting technology, has officially gained approval from the Nevada Gaming Commission to operate in the state. The decision, made on January 30, 2025, grants Kambi a Manufacturer & Distributor License as well as an Information Services License, allowing it to offer its sportsbook platform on a business-to-business […]
Nevada
Nevada’s Gaming Renaissance: Regulatory Innovation Fuels Record-Breaking Revenue
The Nevada Gaming Control Board, under the leadership of Chairman Kirk Hendrick and Senior Policy Counsel Sebastian Ross, is at the forefront of this transformation, setting the stage for a new era of growth and innovation in the Silver State’s cornerstone industry. Regulatory Overhaul and Technological Leap The Gaming Control Board has repealed 13 regulations, […]
Nevada’s Casinos Surge to New Heights with Record Revenue in May 2024
Nevada’s casino industry is on track for an unprecedented year, setting a new monthly revenue record in May with a remarkable $1.32 billion. This surge is attributed significantly to the bustling activity on the Strip, which alone amassed $742.5 million, primarily driven by slot machines and table games. Despite a downturn in high-stakes baccarat, which […]
Arizona Overtakes Nevada in Sports Betting with Record-Breaking $656.3 Million Handle
Arizona’s Historic Milestone In a remarkable turn of events, Arizona has surpassed Nevada in monthly sports betting handle for the first time since the legalization of sports betting. The Arizona Department of Gaming’s April report reveals that the state’s total handle soared to an impressive $656.3 million, outperforming Nevada by a staggering $87.2 million. Consistent […]
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 […]
