Efforts to introduce legalized online gambling and sports betting in Connecticut looks to be over for another year after the state’s legislative session ended on May 9 without any progress having been made on the issue. While it has now become apparent that gambling expansions in states with tribal...
May 15th, 2018 By Lucy Brown
Fans of online gaming in Michigan have received a glimmer of hope that the pastime may soon be legalized and licensed in the Wolverine State. House Bill 4926 (HB 4926), also known as the Lawful Internet Gaming Act, appears to be gaining momentum, with its main sponsor, State Representative...
May 14th, 2018 By Shane Larson
The Stars Group shares are currently trading at an all time high of C$45.84 on the back of its solid results released for Q1 of 2018. During the three month period ending March 31st, the online gambling giant generated $392.9 million in revenue, marking a 23.8% increase compared to...
May 11th, 2018 By Charles Washington
The global online gambling industry is worth more than $44 billion annually according to figures from Statista.com. The sizable amount of money in play makes it no surprise that companies in this sector are attempting to leverage advanced technology to capture and, if possible, increase this revenue. Among the...
May 10th, 2018 By Stephen Smith
France’s regulated internet gambling market generated €147 million ($175.3m) in gross gambling revenue for Q1 of 2018, with that amount 55% more than the €94 million taken during the first three months of last year. The quarterly figure is also the highest reported since the country regulated its online...
May 9th, 2018 By Adam Brown
Last October, Pennsylvania approved a huge gambling expansion allowing money wagering to take place online, and video gaming terminals to be placed at airports, truck stops, and a number of new smaller casinos across the state. More than six months later, and the gambling expansion project is beginning to...
May 8th, 2018 By Shane Larson
In April, Macau’s casinos posted a huge revenue gain, with the market rising by 28% to $3.18 billion compared to the same month in 2017. Experts originally forecast a gain of between 18-22%, which is still a significant amount, but the actual figures smashed it out of the park,...
May 7th, 2018 By Charles Washington
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