Waterhouse VC: Crunch time in the US
As discussed in our June newsletter, investors in US online wagering operators are growing impatient with the losses recorded for the sake of gaining market share. One...
Operators under tax investigation for Dutch grey-market-era activities
The memo was dated 28 October, 2021 – four weeks after the Dutch online gambling market launched. The memo was written by the Corporate Service for Professional...
US players gamble $511bn per year with unlicensed operators, report finds
The report was produced by the Innovation Group and examined three sectors of illegal or “grey-market” gambling: sports betting, online casino and “skill gaming” machines. The Innovation Group conducted...
Rhode Island sports wagers reach nine-month high in October
The October handle was 7.8% lower than $60.2m in the same month in 2021, but 33.1% up from $41.7m in September this year, according to the Rhode Island Lottery. Of...
Vici to acquire remaining stake in MGM Grand and Mandalay Bay JV for $1.27bn
Vici currently holds a 50.1% majority interest in the venture and will purchase the 49.9% stake from JV partner Blackstone Real Estate Income Trust (BREIT) for approximately...
Ontario auditor claims casinos do not assess source of funds
The findings were released in the Office’s 2022 Annual Report on organisations in Ontario. These included the Ontario Lottery and Gaming Corporation (OLG). From May 2021, OLG...
Genesis Global leaves UK market as CEO exits
Consumers seeking to register with one of Genesis Global’s 14 active sites in Britain are met with a message that says they are trying to register from...
Santa Pets by Swintt
Santa Pet’s 7×7 grid with Cluster Pays will treat you to free spins and wilds galore – plus there’s a max win of 7,000x bet. Download the...
No ordinary Joe
In some senses, the decision by the US Supreme Court to bring down PASPA acted like a meteorite hitting the betting and gaming sector. In that...
‘Mattress Mack’ payouts mean Iowa betting revenue plummets in November
Revenue for the month amounted to $5.8m (£4.7m/€5.5m), down from $19.9m in November 2021 and also 69.6% lower than $19.1m in October this year. According to the Iowa...
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