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Papaya Games Goes on the Counterattack, Accuses Skillz of Bot Use & Deceptive Practices

August 8, 2024 | By: Alex Weldon

Papaya Games is attempting to turn the tables on Skillz, making claims of bot use that are very similar to Skillz’s original claims against Papaya. The countersuit, filed Monday, also accuses Skillz of defamation, deceit, and intellectual property violations. Skillz sued Papaya in March, alleging in court filings that it pits its players against house-operated “bots” […]

Younger VIPs With Deep Pockets and Poor Money Management Pose Dilemma for Gambling Industry

August 6, 2024 | By: Robyn McNeil

Millennial bettors with high incomes continue to make up the bulk of high-value customers for the online gambling industry, but the same research also shows that their apparent wealth doesn’t always shield them from financial harm. The study by TransUnion, released today, shows that Millenials are the biggest age demographic for all gambling channels and […]

Sands New York Casino Lease Approved by Nassau County Legislature

August 5, 2024 | By: Heather Fletcher

The Sands New York casino project proposed for Long Island once again received approval to use Nassau Coliseum land if state gaming officials approve the developer’s license. In nearly unanimous votes on Aug. 5, the Nassau County Legislature transferred the coliseum’s lease to Las Vegas Sands (LVS). Eighteen legislators voted in favor of the lease […]

DraftKings’ ‘iGaming-First’ Customer Acquisition Strategy Involves Golden Nugget, Jackpocket

DraftKings benefited from an “iGaming-first” customer acquisition strategy in Q4 2024, helping the online gambling operator achieve more than 80% growth in that metric vs. Q4 2023. The DraftKings, Golden Nugget, and Jackpocket brands all played a part in the rise of that iGaming-first customer acquisition strategy. So said DraftKings Co-Founder and CEO Jason Robins […]

Rounders II? Matt Damon Tells Rich Eisen He and Ed Norton Want to Do a Sequel

August 2, 2024 | By: Alex Weldon

The 1998 cult hit Rounders could get an extremely belated sequel, if the poker movie’s leading actors get their way. Matt Damon, who plays the protagonist Mike McDermott, told sportscaster and podcast host Rich Eisen that “everyone” involved in the original would like to see a Rounders 2, mentioning his costar Edward Norton specifically. Asked by Eisen which of his movies he’d would most like to revisit, […]

MGM, Entain Shares Plunge on News of BetMGM’s $123M H1 Loss

August 2, 2024 | By: Robyn McNeil

MGM Resorts International (MGM) and Entain share prices dropped sharply this week after BetMGM reported an H1 loss of $123 million and said it expects similar results in the second half of 2024. The 50/50 MGM/Entain joint venture also adjusted its $500 million 2026 EBITDA target to “the coming years.” BetMGM’s stated goal of achieving […]

Caesars Sells World Series of Poker to GGPoker—Will Continue to Operate US-Facing WSOP Sites

August 1, 2024 | By: Heather Fletcher

Caesars Entertainment has sold the famous World Series of Poker and its online branding rights to NSUS, its technology partner for the Canadian-facing WSOP.com online poker site. Caesars retained the right to continue operating its existing WSOP Online network in the US, which runs on technology from another company, Evoke. Caesars also agreed not to launch any new poker sites for a limited period of time, […]

FanDuel, DraftKings, BetMGM May Be Watching West Virginia Greenbrier Hotel Auction

The Big Three online casino operators — FanDuel, DraftKings, and BetMGM — may be closely watching the Aug. 27 auction of Greenbrier Hotel in West Virginia. That’s because the operators’s brands are on the gambling license of Gov. Jim Justice‘s property, which is in foreclosure. However, the casino may not be part of the auction. […]

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