AGA: U.S. Gaming Sets Another Record

The American Gaming Association reports that the U.S. gaming industry has recorded its eight consecutive record for quarterly revenue, logging $16.6 billion for the first quarter.

Published May 22, 2023

WEEKLY FEATURE: Aristocrat to Acquire NeoGames

Aristocrat Leisure Limited will acquire Israel-based online gaming solutions provider NeoGames SA for $1.2 billion, or $29.50 per share—104 percent higher than NeoGames’ pre-market price.

Published May 22, 2023

Fanatics Makes Sports Betting Splash, Acquires PointsBet Ops

Fanatics has a handful of state licenses for sports betting, and it recently announced a deal to acquire PointsBet’s U.S. operations. The company, which made its mark selling sports...

Published May 22, 2023

Oklahoma Tribes Open, Announce Casinos

In Oklahoma, the Chickasaw Nation opened its West Bay Casino and Resort (l.) in Kingston, and the Iowa Tribe of Oklahoma announced a partnership with Caesars Entertainment to develop...

Published May 15, 2023

SBC Summit: iGaming Emerging from Sports Betting Shadow

In the U.S., iGaming is largely hidden under the immense influence of sports betting. This is partly due to advertising, and also the fact that sports betting is much...

Published May 15, 2023

Looking Back: Five Years Post-PASPA

It may seem hard to believe, but five years have passed since PASPA was struck down, paving the way for rapid sports betting expansion across the U.S. There've been...

Published May 15, 2023

SBC Summit: U.S. Sports Betting Offerings Still in Infancy

For better or worse, the U.S. has a tendency to do things big—sports betting is no different. In the five years since states were given the right to vote...

Published May 15, 2023

GLOBAL GAMING BUSINESS PODCAST: Andrew Burke, CEO, and Mike Brennan, Chief Product Officer, of Bluberi

Andrew Burke, Chief Executive Officer, and Mike Brennan, Chief Product Officer of Bluberi sit down with Frank Legato, Editor for Global Gaming Business.

Published May 15, 2023

FANTINI’S FINANCE: Shall We Brace for Impact?

By and large, the gaming industry has done a good job of surviving the economic pitfalls of Covid and just about everything else the last two-plus years have thrown...

Published May 15, 2023

Indian Gaming Breaks Record in ‘22: $48.4 Billion in Gross Revenue

Indian gaming has returned to and surpassed pre-pandemic levels. The latest Nationwide Impacts of Indian Gaming Report says the industry reached $48.4 billion in gross revenue in 2022. That’s...

Published May 15, 2023

New NBA CBA Lets Players Endorse, Invest in Operators

The new NBA players union agreement follows along the lines of other pro sports in moving towards a closer relationship with sportsbook operators. Players can invest in and endorse...

Published May 15, 2023

North Carolina Close to Saying Yes to Sports Betting

North Carolina lawmakers have gone with a unique tax rate of 14 percent. And a high licensing fee of $1 million. Plus, operators can deduct promotion costs at least...

Published May 15, 2023

Analysts: U.K. White Paper Could Impact U.S. Sports Betting Policy

Could a government paper generated in London affect betting policy in the United States and Canada? Yes, say advocates of reform and responsible gambling. They are hoping that some...

Published May 15, 2023

Brazil’s Lawmakers to Take up Sports Betting Bill

Brazil’s National Congress is preparing to begin work on the provisional measure (MP) that would create the legal infrastructure for a sports betting market in Brazil, which is one...

Published May 15, 2023

Macau Mass Gaming Picks Up Steam

With mass gaming on a roll in Macau, Morgan Stanley analysts are projecting the segment could almost equal revenues for 2019. April numbers were “circa 100 percent” of pre-pandemic...

Published May 15, 2023

Bally’s May Offer Casino Shares To Chicago Residents

Bally’s said it may offer shares in its $1.7 billion Chicago casino (l.) to residents who “satisfy the qualification agreements.” No details have been released about the plan. Meanwhile,...

Published May 15, 2023

Kentucky Derby Wagering Sets Record

The 149th running of the Kentucky Derby set records for betting, and wagering was up as a whole for the week leading up to the famed Triple Crown race....

Published May 15, 2023

WEEKLY FEATURE: Iowa Universities Face Sports Betting Scrutiny

In the latest college betting scandal, Iowa and Iowa State universities have been notified by various organizations that their student athletes may not have acted on the straight and...

Published May 15, 2023

A’s Nix Red Rock Deal, Pivot Back to Tropicana Site

In a shocking turn of events, the Oakland A’s have pulled out of its previously announced deal with Red Rock Resorts and have decided to instead partner with Bally’s...

Published May 15, 2023

A Stupid, College-Educated White Boy

In today’s world, navigating business and politics is difficult enough, but that’s especially true if the industry is tribal gaming and the politics are in California. It’s certainly a...

Published May 8, 2023