A recent landmark announcement at the Wisconsin Gaming Regulators Association Summer Conference in Green Bay, Wisconsin, showcased an extraordinary milestone for tribal gaming, revealing a record-breaking fiscal year for 2023. The National Indian Gaming Commission’s (NIGC) acting chairwoman, Sharon M. Avery, and vice-chair Jeannie Hovland revealed that tribal gaming…
FansUnite Entertainment has unveiled a significant move by announcing the sale of its Betting Hero business to GeoComply Solutions and Hero Group Corp. The financial terms of this deal highlight a sale price of $37.5 million, with $30.6 million to be paid in cash upon closing. This strategic divestment…
The gambling landscape in North Carolina has witnessed significant transformations since the state first embraced retail sports betting in March 2021. This milestone was just the beginning, setting the stage for a more expansive gambling ecosystem. By March of this year, North Carolina had officially opened its mobile betting…
DraftKings, an industry titan in the realm of online betting, continues to solidify its influence across the United States. Occupying a leadership role and boasting a significant market share, DraftKings is expanding its reach and attracting an ever-increasing customer base. In a sign of the company’s promising trajectory, JP…
High 5 Games, a New York-based gaming company, has stirred controversy in the state of Washington as its social casino apps have been labeled “illegal gambling” by Western Washington District Court Judge Tiffany Cartwright. The court’s decision pivots on the assertion that the company’s products violate state gambling regulations,…
The US sports betting landscape experienced some interesting shifts in May, according to the latest report by equity research specialist JMP Securities. Leading the charge was DraftKings, whose market share saw a significant rise that month, though it still couldn’t top FanDuel. Data from several states, including Indiana, Iowa,…
