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A Closer Look at Claudio Fischer and His Las Vegas Ambitions
Events of recent weeks have reminded us that two things are inevitable on the Las Vegas Strip: Ambition and change. On November 13, the Las Vegas Review-Journal reported that Chilean business mogul Claudio Fischer is poised to complete the purchase of ten acres of land on the Strip. It’s a deal nearly three years in […]
Major iGaming States Back to Setting Records After Slow Summer
The year’s final quarter has traditionally been a good one for online casino revenue. So far, it looks like Q4 2022 will be no exception. Regulators released their October online gambling revenue figures late last week. The four largest online casino states – New Jersey, Pennsylvania, Michigan and Connecticut – each posted all-time records for daily average […]
Hacksaw Gaming Chooses West Virginia as Its Jumping-Off Point for the US
Malta-based slot game and scratchcard developer Hacksaw Gaming has its sights set on the US. This week, it announced that it has obtained its first provisional license in the country. Rather than the usual launchpad of New Jersey, it has chosen to get started in West Virginia. Though small, the West Virginia online casino market […]
Light & Wonder’s Third Quarter Shows Positive Effects of Strategic Focus on Casino Vertical
Senior executives will often brag to investors about “focus,” “leanness,” or “concentrating on the core business.” That’s been the message from Light & Wonder (L&W) this year. In this case, if the company’s Q3 financial results are any indication, the cliché seems refreshingly sincere. At this time last year, Light & Wonder was still known […]
Former Gambling Industry Attorney Brittnie Watkins Takes Over as NGCB Chair
There’s a new hand on the tiller at the Nevada Gaming Control Board (NGCB). Governor Steve Sisolak’s office announced the resignation of Board chair J. Brin Gibson yesterday. Gibson had informed the Governor of his intentions earlier in the year, but the public announcement was delayed until his departure was imminent. Gibson’s replacement will be Board member Brittnie […]
Flutter’s Third Quarter Results Highlight the US Success of FanDuel
Flutter Entertainment plc is the world’s largest online gaming operator, with roughly $7 billion in 2021 revenue. Its portfolio of brands includes Paddy Power, Betfair, PokerStars and Sky Bet, among others. However, its crown jewel at the moment seems to be FanDuel, whose presence is powerful both in the US market and on Flutter’s balance sheet. On […]
Alabama: a Case Study in the Counterproductive Nature of Prohibition
Alabama is among the most conservative states in the US on many fronts, including gambling. Only in Utah will you find fiercer moral opposition. Such is Alabama’s historical tendency towards prohibitionist policies that it feels appropriate that the state flag bears a big, red X. Even so, Alabama has recently been casting its eyes in the direction […]
Las Vegas Sands Gives Up on B2B Online Gambling Ambitions, Shutters Division
It has barely been 18 months since Las Vegas Sands (LVS) belatedly waded into the iGaming waters. Already, it appears to have found those waters frosty and is scrambling back to terra firma. In the process, it may be casting its online gaming investment division adrift. At least, that was the word last week from the […]
Fertitta’s Vegas Strip Aspirations Now Include a Stake in Wynn Resorts
One could be forgiven for thinking that the age of the celebrity casino impresario in Las Vegas has passed. The industry has recently lost two such figures, thanks to Steve Wynn’s fall from grace and Sheldon Adelson’s passing. However, it looks like Tilman Fertitta intends to take center stage on the Vegas Strip and the resort-casino […]
Kindred Wants Unibet to be a ‘Top Ten’ US Operator – What Does That Look Like?
Kindred Group’s flagship brand Unibet is a big deal in Europe. In the US, not so much. Unibet Casino is available in New Jersey and Pennsylvania but doesn’t hold much market share in either. Until this week, the sportsbook alone was available in a further four states. However, it announced Thursday that it would shut down operations in Iowa. (Internationally, Unibet also […]