Category: Online Gambling Stories
What’s next for iGaming in the Americas?
Missed out on the SiGMA Americas Virtual summit? These are some highlights from the expert keynotes and panel discussions After a well-attended launched first virtual foray into LatAm markets with a tri-lingual summit last September, SiGMA Group has outdone itself with a 2-hour virtual event once more. The first day of the two-day summit featured a fully interactive expo hall, a live chat box feature where attendees could speak one on one with exhibitors, and direct message attendees, and panelists, and a high profile line up of speakers sharing the newest developments in online gaming making this an ideal networking,…
US Sports Betting Explodes First Week of NFL Season
The time for US sports betting has arrived, as tens of millions of Americans now have the choice to bet legally with state-approved and regulated sports books this NFL season. The combination of new sports betting states and American consumers migrating to legal sports books has resulted in the highest four day stretch of geolocation transactions ever recorded by GeoComply, whose compliance services are used to support nearly 100% of the online US sports betting market. “Preparing for this NFL season has been a process that began before the end of last season, and we expected high volumes, but what…
US Gambling Revenue Sets $4.83 Billion Record
US gambling revenue can be tracked using the Commercial Gaming Revenue Tracker from the American Gaming Association’s (AGA). It features state-by-state and nationwide financial performance data with breakdowns for individual gaming verticals. The commercial gaming sector’s record-setting run continued into July as gaming revenue from traditional casino gaming, sports betting, and iGaming, reached $4.83 billion – surpassing May as the industry’s highest grossing month ever. Revenue was up 29.6 percent compared to the same month in 2019. The return of summer leisure travel propelled US gambling revenue in July. The month also benefited from a favorable calendar, which included five…
888 Interested in William Hill’s Non-US Holdings
UPDATE: 9th September, 2021 – In a press release, Caesars has announced an agreement with 888 Holdings to sell it’s the non-US assets of William Hill for $3 billion. After their payment on existing debt, Caesars should net about $1.2 billion. It wasn’t too long ago that William Hill’s American holdings were purchased by Caesars Entertainment. That deal left the company’s non-US assets up in the air, but perhaps not for much longer. 888 has confirmed that they are in “advanced” discussion with Caesars about purchasing what’s left of William Hill’s properties not in the US. However, they are facing…
Online Slots Hit a New Record.
Online casinos over the past few years have been flooded with new and existing users looking for ways to pass the time by during the recent pandemic caused by Covid. Online slots have been one of the categories that have shot up in recent months with a record-breaking number of users passing through like this Dream Vegas casino review where you can see a number of popular casinos with some great online slot games, there are also plenty of reviews about online slots as well. Online slots have always been a popular thing for many online casino users to play on,…
Another Pennsylvania Gambling Revenue Record
The Gaming Control Board has posted reports showing yet another Pennsylvania gambling revenue milestone. The Board has shown figures that the combined total revenue in July 2021 generated from all forms of gaming regulated by the Board along with fantasy contests was $423,657,956. That represents the highest monthly revenue total to date for games regulated by the Board. Sources of gaming revenue regulated by the Pennsylvania Gaming Control Board include slot machines, table games, internet casino-type gaming (iGaming), sports wagering, fantasy contests and video gaming terminals (VGTs). The Board has posted separate reports for these types of gaming on its…