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US Online Casino Leader BetMGM’s Parent, MGM, Buys Into International Markets
US online casino dominance isn’t enough for BetMGM‘s parent company, MGM Resorts International. Las Vegas-based MGM wants to go into international online casino markets. It looks like that will happen by next week, now that Stockholm-headquartered LeoVegas Group‘s shareholders have approved the $604 million acquisition offer. BetMGM, jointly owned by MGM and Isle of Man-based […]
Connecticut Casino Controversy Revisited Amid Zinke’s Congressional Run
Congressional candidate Ryan Zinke may be 1,000 miles away from Las Vegas, running to rejoin the House. However, that Montana political race may not feel far enough away from the MGM Resorts International headquarters. A report has just come out saying Zinke lied to federal investigators about his involvement with retail casino lobbyists regarding a […]
Ontario Releases Online Gambling Revenue Figures, Mulls Regulatory Changes
Better late than never? After many months of delays, iGaming Ontario (iGO) has finally released preliminary revenue figures for the province’s newly-privatized online gambling market. Having launched on April 4, the market is less than a week from entering its fifth month. However, iGO’s revenue numbers only cover the first three months, up to June 30. During […]
WSOP/GGPoker Collaboration Inches Closer to Ontario Launch
Ontario poker players may soon get a fifth regulated option. In the process, though, they’ll lose access to the last major international site still serving the province in a gray market capacity. The Ontario online gambling market is now almost five months old. Shortly before it launched on April 4, the Alcohol and Gaming Commission of Ontario […]
FanDuel TV to Take on Cable Sports Channels, Debuts on Sept. 1
FanDuel is getting in the cable sports game. The online gambling operator will bring the newest cable sports channel, FanDuel TV, to sports bettors starting at 10 a.m. on Sept. 1. That means it will compete for attention and eyeballs with channels like ESPN and its parent company’s content partner, Fox Sports. Working in FanDuel […]
Penn Entertainment To Increase Stake In Barstool Sports To 100%
Barstool Sports will soon become a wholly-owned subsidiary of Penn Entertainment. The transaction, expected to be completed in February, will see the latter exercise its contractual right to acquire the remaining shares of Barstool. Penn Entertainment (still known as Penn National Gaming at the time) first invested in Barstool in 2020. It acquired a 36% […]
Twenty Years Into New York Retail Casino Gaming, is it Time to Revisit the Compact?
Seneca Nation is celebrating the 20th anniversary of its gaming compact with New York State. Through the compact, the tribe owns and operates three upstate casinos. Though celebrations have highlighted the successes of those gaming facilities, the anniversary has also raised the question of whether the 2002 agreement is still fair in 2022. The three casinos […]
BetMGM Reputation to Stay Linked with Entain, LeoVegas
Online gambling operator BetMGM‘s parent company, MGM Resorts International, doesn’t seem troubled by pending legal issues relating to Entain and LeoVegas. Both organizations are closely associated with the BetMGM reputation at the moment. Jersey City, NJ-based BetMGM is the US online casino market leader. MGM wants to expand on that online gambling reach by entering […]
Michigan Snaps Out of Summer Slump, Beats Pennsylvania for Online Casino Revenue
The standard summer slowdown in online gambling revenue has continued for most states, but not Michigan. Revenue reports are in for the states where online casinos are legal. Pennsylvania is now on a four-month slide, while New Jersey has just about stabilized, but Michigan managed positive growth for the first time since April. Connecticut also saw a […]
Lottery Winners Offered Free Financial Planning in Connecticut
Connecticut lottery winners may be the first in the nation to be offered free financial planning assistance, but Rob Simmelkjaer hopes they won’t be the last. He believes private online gambling operators, like DraftKings and Mohegan Sun Casino, may even want to consider adding the option, he tells Bonus.com today. Simmelkjaer, the board chairman of […]
