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Esports Having Bumpy Start As Closes

October 25, 2022 | By: Heather Fletcher

Esports captures the zeitgeist of 2022. Sadly, its US online gambling industry pioneer will also come and go this year. Today, 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’s US debut, but […]

GameCo Hopes for a Second Chance in the US After Green Jade Merger

October 18, 2022 | By: Emile Avanessian

On October 10, Las Vegas-based games developer GameCo LLC announced that it has entered into a definitive agreement to merge with Green Jade Games. The combined entity will be known as Green Jade Group. Once the merger is complete, current Green Jade chairman Jesper Kärrbrink will serve as CEO, while current GameCo chair Robert Montgomery […]

Economic Whiplash May Further Postpone US FanDuel IPO

October 18, 2022 | By: Heather Fletcher

“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 […]

Light & Wonder Gets Into the Customer Loyalty Business With House Advantage Acquisition

October 17, 2022 | By: Emile Avanessian

One would imagine that “commitment”, “evolution” and “focus” are frequently-uttered words around the executive offices of Light & Wonder, Inc. (L&W) these days. On October 6, the Las Vegas-based omnichannel casino supplier announced the acquisition of “substantially all of the assets” of House Advantage, LLC. It paid an undisclosed sum in an all-cash deal for […]

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