DraftKings Inks Deal With Illinois To Enter Sports Betting Market
DraftKings said that it is partnering with local operator Casino Queen. The multi-year deal will allow DraftKings to run its retail sportsbook and mobile gaming app in the state. By partnering up with a local casino operator, DraftKings was able to fast track its entry into the Illinois sports betting market. A new frontier for […]
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Norwegian Ministry of Culture Urges To Unify All Forms Of Gambling Laws Under Single Legislation
Recently three distinct laws in the country look after the different aspects of the industry. The new unified law would bring the current Lottery Act as well as the Totalisator Act under a group of legal gambling rules. The concise form of the bill could be followed across the entire Norwegian market. The consultation will […]
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States See Sports Betting Potential To Cover Budget Deficit
During the lockdowns, sports betting and online casinos became the source of entertainment of people trapped in their homes with nothing else to do. In the absence of major sports events, gamblers placed their bets on darts, table tennis, and other non-contact sports. States with regulated online sports betting operations collected massive revenue from the […]
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English Football League Pleads Government To Ditch Gambling Sponsorship Ban
Without these sponsorships, the EFL thinks that most of its smaller club members will be forced into administration due to lack of revenue. The government is planning to ban all gambling related elements on sports team kits. The ban also covers ads on football stadiums. Tough stance on gambling Recently, the House of Lords Gambling […]
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Michigan Regulators Accepts Online Gaming, Vendor License Applications
The industry regulator will also accept applications for vendor registration applications. Currently, more than 18 US states accepted licenses for online gaming. There are at least 30 companies licensed all over the country. Online gaming starts to gain influence worldwide, fueled by the rise in demand during the pandemic. Gamblers shifted their attentions to online […]
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Detroit Tigers Makes History With Sports Gambling Deal
PointsBet is an Australian online sports betting platform that has recently found popularity in the United States. With this latest deal, the company will soon be allowed to market itself through TV ads and other digital assets associated with the Detroit Tigers. Moreover, all of firm’s products will now be allowed for integration in The […]
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Canada’s Bragg Gaming Group Gains 44 Percent In Revenue Amidst The Pandemic
The company said its expansion initiatives, including partnership agreements with Gamesys, SkillOnNet, Leon, CasinoSecret and Hub88, paid off. The travel restrictions imposed by government regulators had a significant impact on the growth of online gaming companies. During the stay-at-home mandate of the government, the demand for online gaming massively increased globally. US states with regulations […]
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UK Lords Classify Loot Boxes as Gambling
The House of Lords argue that video game loot boxes should be classified as a “game of chance.” In turn, these loot boxes should be regulated under the country’s Gambling Act of 2005. The report from the House claims that: “If a product looks like gambling and feels like gambling, it should be regulated as […]
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Market Analyst Projects Growth Of Online Gambling, Betting Market To $49.2 Billion By 2020
The rise of online gambling and betting is inevitable. Countries in Europe and states in the US are starting to adopt gambling legislation to the rapid growth of online gaming globally. Currently, more than 18 states in the US have standing legislation to control and regulate online betting and casino operations. The legislation paved the […]
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Gaming Employees Seek for Reopening Of Industries In Colombia
The closure of the bingo and casino halls were due to the pandemic, which is narrowing its opportunities. Several Jobs are At High Risk In a report, it stated that over 2,50,000 families who have been employed in the gaming sector in the country are highly influenced by the COVID-19. This petition is a great […]
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