washington-dc-sportsbooks-declined-in-january
Casino News

Washington DC Sportsbooks Declined In January

In general, the current trend shows that sports betting continues to be the pastime of choice of millions of Americans. The sports betting industry has exploded with new states legalizing wagering on sports each year. Despite the generally favorable state of affairs, the growth trend is by no means universal or without its exception. In […]

scottish-players-reluctant-to-seek-problem-gambling-help
Casino News

Scottish Players Reluctant To Seek Problem Gambling Help

The UK-based organization partnered with Citizens Advice Scotland, the region’s largest independent advice network, to train thousands of professionals on recognizing signs of gambling harm. GambleAware’s recent findings during the process showcased that public understanding regarding the issue was still lacking, and individuals seeking support needed to overcome personal and social barriers. Stigma Remains an […]

sergey-tsukanov-was-promoted-to-betby’s-chief-product-officer
Casino News

Sergey Tsukanov Was Promoted To Betby’s Chief Product Officer

Gaming and betting technology supplier Betby announced a change within its executive team as former Chief Sportsbook Officer, Sergey Tsukanov, assumed the role of Chief Product Officer. New Challenges Ahead The appointment of Tsukanov as Chief Product Officer for Betby will see the company’s former sportsbook executive extend his position and influence within the business, […]

massachusetts-regulator-to-overrule-the-ban-on-sportsbook-affiliates
Casino News

Massachusetts Regulator To Overrule The Ban On Sportsbook Affiliates

The Bay State’s current gambling laws prohibit revenue share and cost per acquisition (CPA) agreements, effectively curtailing all affiliate programs. However, the Commission appears to recognize the value of such arrangements and has agreed to hold talks with operators before putting the matter to vote. Sportsbooks like Caesars are known for their extensive affiliate programs, […]

checkd-group-promotes-sam-turnock-to-finance-director
Casino News

Checkd Group Promotes Sam Turnock To Finance Director

Turnock’s internal promotion follows an immensely successful year for the digital media products and services provider as its award-winning Dev division accomplished several important milestones. Turnock’s experience, leadership skills, and familiarity with Checkd’s internal procedures should translate well into his new position and help him propel the company to new heights. The New Finance Director […]

elys-to-operate-sportsbook-at-the-ugly-mug-venue-in-dc
Casino News

Elys To Operate Sportsbook At The Ugly Mug Venue In DC

Interactive gaming and sports betting technology supplier Elys Game Technology announced it has reached an agreement with The Ugly Mug restaurant and bar in Washington, DC, to operate a sportsbook at the venue. The agreement with Partnersat7238thstse, LLC for The Ugly Mug restaurant and bar sportsbook will make the venue the eighth retail sports betting […]

kambi-group-delivers-impressive-2022-financial-results
Casino News

Kambi Group Delivers Impressive 2022 Financial Results

Kambi’s Q4 2022 report reveals growth across all key verticals after the hugely successful World Cup. Solid financials, many new partnerships, and expanding growth opportunities provide the company with a solid jump-off point to tackle 2023’s challenges and take the first steps towards its goal of €50 billion gross gaming revenue (GGR) by 2027. The […]

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Casino News

Odds On Compliance Completes PlaybookAI Beta, Launches On March 1

Odds On Compliance is an industry-leading technology and consultancy firm which focuses on the sports betting, iGaming, and gambling industries. The company is involved with regulatory compliance in the industry and the PlaybookAI is built to facilitate this for partner operators and help with license applications and managing the general process. Exiting Betta and Setting […]

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Casino News

Galaxy Entertainment Group Appointed Ted Chan As CFO

One of Macau’s casino concessionaires, Galaxy Entertainment Group (GEG), announced a major change in its executive team with the departure of Robert Drake whose role as Chief Financial Officer (CFO) will be assumed by Ted Chan. Extensive Financial and Operational Experience The appointment of Chan as Galaxy Entertainment’s new CFO will take place after a […]

morgan-stanley:-macau-2023-ggr-and-ebitda-revised-upwards
Casino News

Morgan Stanley: Macau 2023 GGR And EBITDA Revised Upwards

Gambling industry analysts at Morgan Stanley believe that gambling in Macau is on the way to recovering, raising its gross gambling revenue (GGR) estimate for 2023 by 42% and 2023 EBITDA estimate by 70%. Better Product Mix, Higher Margins According to the note released by Morgan Stanley on Monday, the gambling industry in the Special […]