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Q&A with Christopher Justice: How Cashless Casinos Can Save a Player’s Life & Livelihood
These days, we take cashless retail businesses for granted. We all expect to walk into a grocery store or clothing retailer and pay with our phone or a card. But the cashless casino is an area that’s just now starting to grow. And far more so than at a grocery or clothing store, the ability […]
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 […]
Fall Brings the Expected Boost to Online Gambling Revenue, but Less Than Last Year
There has been a consistent theme to 2022 online gambling revenue updates. While US markets continue to grow, that growth is now slower than it has been in recent years. September gross gaming revenue (GGR) figures for the three major online gambling states – NJ, PA and MI – highlight this trend. In 2021, their […]
GameCo Hopes for a Second Chance in the US After Green Jade Merger
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
“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
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 […]