Category: Online Gambling Stories
Pennsylvania Gambling Revenue Sets New Reocrd
The Gaming Control Board has reported record Pennsylvania gambling revenue of $3.875 billion for the combined Fiscal Year 2020/2021 which just ended on June 30th. The previous high for revenue in a state fiscal year was during 2018/2019 when revenue was slightly more than $3.3 billion. Since that time there has been significant growth in the nascent sports wagering and fantasy sports contests markets along with the establishment of both the iGaming and VGT markets. Those four markets combined constituted almost 33% of the total Pennsylvania gambling revenue achieved in Fiscal Year 2020/2021. The year over year increase of revenue…
Sands Corporation Wants to “Lead” Digital Gaming
Despite multiple years and millions of dollars fighting online gambling, the Sands Corporation has stated that the company is “…determined to grow its leadership position” for digital gaming within the industry. The announcement comes as the company has hired Davis Catlin, who joins the company after spending the past fourteen years at an investment firm. Their ambition is to grow technologies in the business-to-business space of digital gaming. Despite online gaming being around for over two decades, the Sands stated that “Digital gaming and other related offerings are still very much in the early stages of development…”, and we hope…
DraftKings & Foxwoods; FanDuel & Mohegan Deals
Sports betting fans in Connecticut will only have to wait until fall. DraftKings & Foxwoods Resort have announced a partnership to deliver sports betting be the kickoff of the NFL Football season in September. FanDuel & Mohegan Sun Resort have also formed a partnership and should launch at about the same time. These agreements will not only allow state residents to bet on sporting events. Both deals will enable online gaming and daily fantasy sports to take place as well. The governor of Connecticut signed the bill legalizing sports betting and the other activities in May of this year. Although…
Online Casinos Strained Relationship with Streaming
Video game streaming on platforms like Twitch has seen a sharp increase in recent years, and over the past eighteen months in particular there have been a steady rise in new content creators and new viewers too. The latest category to see a big step up in attention on the platform however has come from online casinos and slots, as well as a growing disagreement around how the platform should handle the content on the site. Twitch has a bit of a spotty history with making the correct decision in situations similar with sports betting being a focus a few years…
SiGMA Roadshow: The Nigerian Gaming Landscape
The Nigerian gaming industry is continuously expanding and gaining traction. This expansion can be attributed to the large youthful population and the increasing access and improvement to internet-enabled devices. All this and more was put under the spotlight during yesterday’s Roadshow, shedding light on Nigeria’s gaming environment. Along with great speakers, the Roadshow welcomed 1.5k registrations a total of 1.3k conference views with total booth entries nearly surpassing the 5k mark. Opening Keynote: In his opening keynote, Yahaya Maikori Senior Partner at Law Allianz highlights the growth of this ever-changing market. The past couple of years saw the limited knowledge and small…
SiGMA Roadshow Drives Germany Regulatory Conversation
These are some highlights from the expert keynotes and panel discussions on SiGMA roadshow – Germany Along with great speakers, SiGMA Roadshow welcomed 2k registration a total of 1.9k conference views with total booth entries nearly surpassing the 8k mark. The majority of attendees reigned from the EMEA region. The agenda for this roadshow focused mostly on Germany’s new gaming regulation, which will come into play soon. Panelists also touched on the topics of tech and how localization of products can help attract German players to the online casino market. New German gambling law key for future. In his opening…