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Rhode Island Online Casino Saw $1.2 Million in Revenue in March, With ‘Momentum’ Hitting in April

April 22, 2024 | By: Heather Fletcher

Bally Casino generated $1.2 million in net gaming revenue in Rhode Island in March, the debut month for the state’s first and only online casino. Regulators revealed the first official revenue numbers to legislators and the general public on April 22 during a Permanent Joint Committee on State Lottery meeting. That number sets a slower […]

K&F Growth Capital Slams Bally’s Board, Interactive Strategy & Standard General Takeover Offer

April 4, 2024 | By: Chav Vasilev

K&F Growth Capital (K&F), which holds a stake in Bally’s Corporation, has sent an open letter to the company’s Board of Directors recommending that they reject the takeover offer from Standard General, another minority shareholder partially controlled by Bally’s Chairman Soo Kim. In its letter, the asset management firm claims that Bally’s is currently undervalued […]

Change of Operator Creates a Night-and-Day Difference for Delaware Online Gambling Revenue

February 26, 2024 | By: Alex Weldon

The Delaware Lottery has reported its first online casino revenue numbers since relaunching with BetRivers, and it is immediately apparent that the market’s poor performance over the past decade was primarily related to its previous operator partner. In the first month since operations changed hands, the state’s iGaming revenue was nearly triple what it had been. Delaware first cracked $1 […]

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