PokerStars Partners with International Entertainment To Grow Brand In Asia
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 help the company to expand the […]
New Jersey Online Poker Just 7% of iGaming Market in April
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 continue to do the heavy lifting […]
Senator Orrin Hatch Proposes Federal Regulation of Sports Betting
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 and Amateur Sports Protection Act (PASPA) […]
How Much Will the USA’s Legal Sports Betting Market Be Worth?
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 (PASPA) by New Jersey, and approved […]
Online Gambling Efforts in Connecticut Over For Another Year
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 casinos present a tricky proposition at […]
A Closer Look At Michigan iGaming Bill HB.4926
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 Brandt Iden, expressing his hope that […]
The Stars Group Revenue Soars By 23% to $393M in Q1
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 Q1 of 2017. Nevertheless, foreign exchange […]
