Online gambling companies reportedly will be prevented from operating in Brazil if they haven’t requested authorization to do so. The potential suspensions announced by Brazil’s Finance Ministry will begin Oct. 1 as part of the country’s tightening of online gambling rules, Bloomberg reported Tuesday (Sept. 17)....
Digital sports entertainment and gaming company DraftKings plans to enhance its in-play betting offering by acquiring Simplebet. The proposed transaction has been approved by the boards of directors of both companies but is subject to the receipt of required gaming regulatory approvals and other customary...
BetMGM says it is the first betting app offering Nevada bettors nationwide connectivity via digital wallet. “Through its operation and partnership with MGM Resorts International and powered by Entain’s technology, this innovative feature makes BetMGM the only legalized sports betting app to allow Nevada residents and visitors to...
The sports gaming industry is at a crossroads, with technological innovation, regulatory changes, and consumer habits all combining to drive rapid evolution. And all three of those themes were central to executive commentary during DraftKings’ second-quarter 2024 earnings call Friday (Aug. 2). “We very efficiently...
January 17, 2024
Online gambling has skyrocketed in popularity in the past several years, largely due to the pandemic shutting down physical casinos. The move sent gamers online, which many found more fun and convenient even after the world reopened. Today, digital gambling is a $63 billion industry, with online casinos deploying the latest technology to improve gameplay, […]
October 21, 2021
The explosive growth of online gaming has been both a boon and bane as both players and fraudsters have flocked to gaming platforms — creating new compliance headaches for operators....
January 22, 2021
In 2018 the Supreme Court struck down a 1984 federal law that prohibited gambling in most states. And that opened up an entirely new playing field for online gaming establishments...
May 06, 2020
The COVID-19 pandemic has had a noted effect on how several industries can operate and interact with their customers during this time including retail stores, movie theaters and casinos. The...
September 17, 2024
Online gambling companies reportedly will be prevented from operating in Brazil if they haven’t requested authorization to do so. The potential suspensions announced by Brazil’s Finance Ministry will begin Oct. 1 as part of the country’s tightening of online gambling rules, Bloomberg reported Tuesday (Sept. 17). The Finance Ministry also plans to bar companies from offering […]
August 28, 2024
Digital sports entertainment and gaming company DraftKings plans to enhance its in-play betting offering by acquiring Simplebet. The proposed transaction has been approved by the boards of directors of both...
August 22, 2024
BetMGM says it is the first betting app offering Nevada bettors nationwide connectivity via digital wallet. “Through its operation and partnership with MGM Resorts International and powered by Entain’s technology, this innovative feature...
July 11, 2024
Sportsbooks and daily fantasy operators are reportedly awaiting a bump in Summer Olympics-related betting. As CNBC noted in a report Thursday (July 11), this year’s Paris games will be the first Olympiad...
