Stram Entertainment to acquire BetPrep from FansUnite

Under the agreement, BestOdds will pay FansUnite a 30% revenue share for 36 months, subject to a minimum monthly guarantee, after the agreed upon ramp-up period ends...

Indiana sports betting handle down year-on-year in January

Consumer spending was down from $500.1m in January last year but 1.0% up from $431.5m in December 2022. Basketball proved the most popular sport among players with $155.6m...

Bally Sport broadcaster Diamond Sports edges toward bankruptcy

The company has instead chosen to enter a 30-day grace period on the interest payments. The interest payments relate to the company’s 6.625% senior unsecured notes due...

GamCare calls for cross-sector partnerships to tackle gambling harm

In November, GamCare hosted the second in a series of Gambling Related Financial Harm (GRFH) workshops exploring gambling debt, with this event looking at how different sectors...

Kambi scores retail sportsbook deal with New York’s del Lago Resort & Casino

Under the deal, Kambi will provide the Churchill Downs Incorporated-operated casino with an on-property sportsbook solution. The new sportsbook will complement the property’s casino gaming floor, which...

Tabcorp targets 30% digital revenue market share by 2025

Tabcorp experienced a significant uptake in its digital offering during the pandemic when many of its land-based venues were forced to close or were forced to operate...

Georgia shakes up gambling laws despite licence fee concerns

Irakli Garibashvili, prime minister of Georgia, has signed off on a package of reforms to the country’s gambling laws, including new rules that limited online casinos to...

BetMGM announces RG marketing campaign as US mulls ad ban

Launching March in tandem with Problem Gambling Awareness Month, the responsible gaming messaging will be present in the US and Canada across a range of BetMGM advertising mediums...

Tip of the iceberg: tackling illegal gambling

The industry has an evil twin. Alongside the highly regulated legal online gambling market sits another, roughly comparable in size, that has proved resistant to efforts to...

Zeal hails “sustainable” investment with revenue expected to rise in 2022

In a preliminary results announcement, Zeal said it experienced “strong” development despite ongoing global uncertainty that has impacted the wider gambling industry. Chief financial officer Jonas Mattsson...

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