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Halloween Treats: Ontario Retail Sportsbooks, iGaming Deadline
Ontarians woke up on Halloween to find out they had treats in their bags. The first goodie: Today is the deadline for gray market online casino and sports betting operators to meet regulatory requirements or face penalties. It’s also the first business day after the announcements that Ontario retail sportsbooks can begin populating the land. […]
Vince Vaughn Is Caesars Official: US Online Casino Celebrity Influencers Join Trend
Actor Vince Vaughn sits at the Caesars Sportsbook and Casino dinner party. He’s one of the new US online casino celebrity influencers. Actor JB Smoove is the online sportsbook ambassador, enthroned at the head of the table. Smoove, as “Caesar,” touts “my app” in the Full Caesar ad. The commercial begins with Smoove leading a […]
Esports Having Bumpy Start As Vie.gg Closes
Esports captures the zeitgeist of 2022. Sadly, its US online gambling industry pioneer will also come and go this year. Today, Vie.gg users found out that the legal gambling site will cease operations on Nov. 1. The Esports Entertainment Group (EEG) site debuted in April in New Jersey. Not only was Vie.gg’s US debut, but […]
Bright Lights, Day or Night: Times Square or Its New York Retail Casino Suitor, Caesars?
Times Square is loud, crowded, and always full of bright lights, day or night. Land-based casinos can be, too. Perhaps that’s why Las Vegas-based Caesars Entertainment is louder about its proposal for a Times Square casino than many in the crowded line of New York retail casino hopefuls vying for three new downstate licenses. Even […]
Just When It Seemed Entain Financial News Would Pause, a $1B Loan
As others in the US online gambling industry shrink away from financial gambles, Entain is embracing them. Six days after its Q3 2022 trading update, the company that’s best known as half of BetMGM‘s ownership team announced today that it secured a $1 billion loan. The term loan will fund Isle of Man-based Entain’s acquisition […]
Economic Whiplash May Further Postpone US FanDuel IPO
“Whiplash” is one way to define recent market fluctuations. It’s also how investors hoping to buy shares in FanDuel may feel. Those investors have been waiting since March 2021 for FanDuel to navigate all the obstacles to its planned US IPO. The last of those challenges seemed to have been a dispute between FanDuel’s primary […]