Ahead of the presidential elections in the United States, a financial regulator has moved closer to implementing a ban on derivatives for betting on political contests and sports. Although it remains unclear if the ban would be implemented in time or if at all, in case this happens, bettors…
Author: Jessica Bradley
The American Gaming Association (AGA) recently announced that the PGA of America has joined their “Have A Game Plan. Bet Responsibly.” campaign. This partnership aims to promote responsible gaming practices, particularly ahead of the upcoming PGA Championship in Louisville. Taking place at Valhalla Golf Club from May 16 to…
Gaming Innovation Group (GiG), a prominent iGaming technology company, has released its Q1 financial results, showcasing record-breaking revenues and affirming its preparedness for a business split. GiG’s media division achieved revenues of EUR 28 million ($30.2 million), representing a 52% year-on-year increase from Q1 2023. Moreover, the division’s earnings…
The landscape of sports betting advertising in the United States has been experiencing a significant shift, as revealed by a recent Nielsen study commissioned by the American Gambling Association (AGA). The study highlights the decrease in the number and spending of sports betting ads in 2023 compared to previous…
Bally’s Corporation has recently released its Q1 financial results, showcasing a promising start to the year. The company reported a solid increase of 3.3% in company-wide revenue, reaching $618.5 million for the quarter. However, despite this favorable performance across several segments, Bally’s experienced a loss of $173.9 million, which…
Two prominent gaming companies, Entain and Accel Entertainment, have received a recommendation for full licenses from the Nevada Gaming Control Board (NGCB), despite their past compliance challenges. Both companies have made significant efforts to rectify their compliance issues and adhere to gambling regulations. The NGCB’s recommendation for full licensure…