Category: Online Gambling Stories
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…
Online Gambling and Augmented Reality
As our lives go online more and more, the potential to take advantage of augmented reality for gambling has many appealing advantages. One of which, of course, is there is no risk of contracting the Coronavirus (computer viruses are another topic). But Augmented reality is a digital world that is created with pixels. It resembles the real world in some ways but can also be altered and augmented so that it’s significantly enhanced. As well as creating images with pixels, it also uses sounds and other sensory stimuli, which are delivered digitally or via the use of technology. AR online…
DraftKings to Buy Golden Nugget Online
In a massive $1.56 billion deal, DraftKings will acquire Golden Nugget Online Gaming. An agreement was reached with Fertitta Entertainment, the parent company of the Golden Nugget and Landry’s Restaurants. The deal includes the Golden Nugget online gaming product and existing their existing database of more than 5 million gamblers. Additionally, the agreement includes marketing integrations and sponsorship with the NBA’s Houston Rockets. DraftKings will become the exclusive fantasy sports and sports betting partner of the Houston Rockets, even though sports betting has not been legalized in the state of Texas yet. Jason Robins, the CEO of DraftKings, stated “Our…