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Caesars Sells off its UK & African Assets to Metropolitan Gaming

Caesars Sells off its UK & African Assets to Metropolitan Gaming

Metropolitan Gaming acquires the UK and African casinos of Caesars Entertainment Inc as part of the latter’s divestment plan following the William Hill buyout. VICI has also agreed to buy out MGM’s real estate assets in a $17.2 billion transaction.

August 11, 2021
BGO Casino Awarded GamblersPick Select Seal of Approval

BGO Casino Awarded GamblersPick Select Seal of Approval

BGO casino is the latest online gambling site to be awarded the limited GamblersPick Select Seal of Approval for their commitment to player safety and quality casino entertainment.

August 10, 2021
DraftKings to Buy Golden Nugget Online Gaming for $1.56B

DraftKings to Buy Golden Nugget Online Gaming for $1.56B

DraftKings zeroes in on the iGaming world by striking an acquisition deal with Tilman Fertitta’s Golden Nugget Online Gaming. The transaction is estimated to cost $1.56 billion and is expected to yield synergies worth over $300 million for DraftKings.

August 10, 2021
Why VIP Programs Are Under Fire from Gambling Regulators

Why VIP Programs Are Under Fire from Gambling Regulators

The issue of whether VIP programs are harmful and need to be shut down has once again raised its head in the UK. We discuss why this keep occurring, if there is merit to the concerns and what should happen next.

August 9, 2021
Penn National Gaming to Acquire Score Media for $2 Billion

Penn National Gaming to Acquire Score Media for $2 Billion

In a bid to bite a bigger chunk of the North American gaming market and bring gaming technology in-house, Penn National Gaming is buying out Score Media and Gaming for $2 billion in cash and equity.

August 9, 2021
Germany’s Shaky First 30 Days as a Regulated Gambling Market

Germany’s Shaky First 30 Days as a Regulated Gambling Market

The open and fair market that was hoped for with the institution of the State Gambling Treaty in Germany has quickly faded into obscurity. Join us as we discuss the gambling authority’s biased regulations and financially restrictive laws.

August 8, 2021
Illinois Lifetime Sportsbook Handle Hits $5B in Record Time

Illinois Lifetime Sportsbook Handle Hits $5B in Record Time

Despite a declining trend for the sports betting handle in Illinois, revenue continues soaring. Better yet, the lifetime handle for the state has hit $5 billion faster than any other US state.

August 8, 2021
Pennsylvania Lottery Scores Record Shattering $5.3B Sales & 1.3B Profit

Pennsylvania Lottery Scores Record Shattering $5.3B Sales & 1.3B Profit

The Keystone State Lottery crushes previous records for sales and profit as it marks the 10th consecutive year of allocating $1 billion+ to senior citizen support programs. PA’s Lottery has also announced the introduction of a new weekly Powerball draw.

August 5, 2021
NY Survey: 1 in 3  Adults Plan to Bet on Mobile Upon Market Launch

NY Survey: 1 in 3 Adults Plan to Bet on Mobile Upon Market Launch

A survey was recently conducted by YouGov Plc, looking into New York’s mobile sports betting landscape before its incoming debut. The findings indicate that over 30% of locals will engage in the activity. Read on for more insight into the market outlook.

August 4, 2021
British Betting Legend William Hill Catches the Eye of German Operator Tipico

British Betting Legend William Hill Catches the Eye of German Operator Tipico

William Hill has been tossed to and fro by the waves of commerce. Post its landmark sale to US-based Caesars Entertainment its UK and EU assets are now being split off and may end up in the portfolio of Germany-based betting operator Tipico.

August 3, 2021
Caesars Ent. Rebrands William Hill US Sportsbook Site & App

Caesars Ent. Rebrands William Hill US Sportsbook Site & App

After closing its acquisition of William Hill, Caesars Entertainment has refreshed all US-facing sportsbooks of the UK-based sports betting platform. The rebranded online and retail sportsbooks will also be part of the Caesars Rewards program.

August 3, 2021
Recovering Nevada Casino Market Breaks Quarterly Revenue Records

Recovering Nevada Casino Market Breaks Quarterly Revenue Records

A fantastic sign that the world is returning to some semblance of normalcy is the revenue generated by Nevada’s land-based casinos which broke a quarterly state record for Q2 2021 with $3.46 billion in house winnings.

August 2, 2021
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