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Alex Weldon
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MGM Resorts Firmly Denies Rumors of Potential Second Entain Bid
MGM Resorts International will not make a second attempt to acquire its joint venture partner Entain. CEO Bill Hornbuckle firmly denied such rumors during MGM’s Q4 2022 earnings call with investors. That means that the two companies’ shared ownership of the BetMGM online gambling brand will continue for the foreseeable future. It was analyst Shaun Kelley of Bank of America Merrill Lynch who raised […]
Republican Support for Texas Gambling Expansion Could Be a Game-Changer
It’s starting to look like 2023 could be the year that Texas passes an online sports betting bill. The latest effort by Sen. Lois Kolkhorst seems like the state’s best shot to date. It may also bode well for the long-term potential to see other forms of online gambling in the state. Even if the legislation […]
Boyd Gaming Prepares to Migrate Stardust Casino Users to In-House Platform
Stardust Casino players may notice changes to their online casino experience in the coming months. Boyd Gaming, which owns the brand, will soon begin migrating users to its new in-house platform. Boyd made the announcement to investors in its Q4 2022 earnings call. Answering a question from Shaun Kelley of Bank of America, Boyd CEO Keith Smith said: We’d expect […]
Latest DraftKings Originals Feature Comedy Celebrity Tie-Ins
Comedians Kevin Hart and Andrew Dice Clay each have their own game now at DraftKings Casino. Retail casinos and the stand-up comedy business have a long history together, particularly in Las Vegas. It’s all part and parcel of live entertainment for adults. Online, the connection is less obvious. But DraftKings has been investing heavily in developing games in-house to differentiate […]
World Series of Poker Full Schedule Includes 20 Online Bracelet Events
The World Series of Poker (WSOP) has released the full schedule for this summer’s series. It includes 95 traditional events plus 20 online events. WSOP confirmed May 30 to July 18 as the dates for the series in December, as well as certain marquee events. Now, the full details are available, including buy-ins and structure sheets. The […]
Will Indiana Online Casinos Really Launch in September?
Indiana residents could be playing online casino games legally as soon as Sep 1, 2023. But is that a realistic timeline? There are a lot of unknowns to consider. Lawmakers in the Hoosier State are considering HB 1536, which would legalize “interactive gaming,” a.k.a. online casinos. Naturally, the first question on local lips is whether the […]
Projection: US Online Casino Revenue to Approach $6.5 Billion in 2023
Bonus projects that US online casinos and poker rooms will generate almost $6.5 billion in gross gaming revenue (GGR) this year. That would represent an increase of over $1 billion compared to the 2022 total. All told, the six states with legal iGaming saw $5.319 billion in GGR in 2022, which was a 38% increase from 2021. However, growth has […]
888 Holdings Internal Investigation Sparks Shareholder Panic, Leadership Change
888 Holdings is facing a crisis sparked by an internal investigation into suspected gray market compliance failures. The CEO, Itai Pazner, has stepped down. The company’s share values plummeted 29% in early trading on Jan 30. That morning, the company released a regulatory announcement stating it had suspended VIP accounts in the Middle East region. The internal […]
Maryland Senate Bill Would Put Online Casinos on the Ballot in 2024
Maryland has officially joined the race for online casino legalization. For constitutional reasons, however, we won’t know if it has succeeded until November 2024. That puts any possible launch into the middle of 2025 at the earliest. There are many hurdles the effort will have to clear between now and then. SB 267 is the work […]
US Online Casino Revenue Up in All States in 2022, But Growth is Slowing
US online gambling remains a quickly-growing industry. However, there’s no denying that the pace of growth is no longer as blistering as it once was. From 2020 to 2021, industry-wide online casino revenue more than doubled. That didn’t happen again in 2022. That said, all states with legal online casinos finished the year on an […]