The Stars Group, which owns the world’s biggest poker site PokerStars, has entered into a partnership deal with Hong-Kong-listed company International Entertainment Corp (IEC) to run PokerStars-branded land-based poker tournaments at its numerous hotels across Asia. Commenting upon the development, a statement from IEC explained that the agreement would...
May 19th, 2018 By Charles Washington
New Jersey’s has followed up March’s record $25.6 million in online gambling revenue by posting its second best month to date in April, with the $23 million collected representing an impressive 10.6% gain compared to the same month in 2017. Nevertheless, it is online slots and table games which...
May 18th, 2018 By Shane Larson
This has been one of the most exciting weeks as far as the USA’s gambling industry is concerned, with the decision of the Supreme Court to allow individual states to determine whether or not to legalize sports betting representing a major victory for state rights. Now that the Professional...
May 17th, 2018 By Charles Washington
At the start of the week, the US Supreme Court overturned a more than 25-year old federal law which prohibited sports wagering from taking place outside of Nevada, and a handful of other states. As a result of the case brought against the Professional and Amateur Sports Protection Act...
May 15th, 2018 By Stephen Smith
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
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