New Jersey is one of only seven states that allows online casino slot machines and interactive table games to operate. New Jersey is home to one of the richest online casino gaming and sports betting markets in the United States. One state lawmaker believes the state should benefit more from the robust iGaming and internet […]
UK online gambling giant 888 is changing its name to “Evoke.” CEO Per Widerström said Tuesday. The renaming was “the beginning of an exciting new dawn” for the company, which has lately been beset by management upheaval and regulatory investigations, and has opted to pull out of American markets. 888’s proposed new name “Evoke” sounds […]
Churchill Downs (NASDAQ: CHDN) and Penn Entertainment are among the batch of gaming stocks viewed favorably in new coverage by Mizuho. The ESPN Bet logo. Operator Penn Entertainment earned a “buy” rating in new coverage by Mizuho. (Image: ESPN Bet) Analyst Ben Chaiken initiated coverage of more than a half dozen gaming names, including Churchill […]
Australia has had enough of the many casino websites operating offshore with iGaming licenses issued by Curacao. Hundreds, if not thousands, of online casino websites operate around the world with a license issued by government officials on the small island of Curacao. Australia is seeking to crack down on the number of illegal gambling […]
In the roughly six years since the Supreme Court struck down the Professional and Amateur Sports Protection Act (PASPA), sportsbook operators have frequently sold states on potential reduction or outright elimination of illicit sports wagering markets as a reason to legalize the activity. The black markets for iGaming and sports betting are still thriving in […]
The combined Mega Millions and Powerball jackpots of $1.9 billion have people in Alabama crossing state lines in search of winning tickets. That’s because Alabama’s constitution bans lotteries and gambling. The jackpots for the Mega Millions and Powerball lottery draws are approaching a combined $1.9 billion. Alabama residents who want to take their shot at […]
Digital scammers are increasingly focusing on internet betting sites and mobile applications, with the U.S. being one of the prime jurisdictions for their misdeeds, according to a new study from TransUnion. Online betting sites and mobile apps are increasingly targets of digital fraudsters, according to TransUnion. (Image: FBI) In its recently published State of Omnichannel […]
A legislative commission in Ohio formed to determine if further expansion of the Buckeye State’s gaming industry is warranted and whether regulatory changes are needed to current operations heard testimony this week from lottery officials who urged the panel to recommend allowing online ticket sales. A man in Ohio purchases a lottery ticket from an […]
Shares of online gaming operator Rush Street Interactive (NYSE: RSI) rallied late Thursday on a report that the company is considering a sale and has reached out to multiple suitors, including DraftKings (NASDAQ: DKNG). A Rush Street Interactive advertisement. The company is rumored to be in takeover talks and DraftKings could be a potential buyer. […]
Proposed federal legislation would place limits on the ways U.S. sports betting companies market and interact with their customers. U.S. Rep. Paul Tonko (D-NY) says his SAFE Bet Act is needed in a new era of high-tech sports betting. U.S. Representative Paul Tonko (D – New York) is introducing new legislation that would limit how […]
