Betmgm

The SG Digital exec believes US sports betting will test platforms to “their outermost limits,” particularly during the Stanley Cup and March Madness – which recently led to record handle in Nevada and boosted revenue in several other US states. That’s why O’Loughlin values the strength of a sports betting platform over how quickly it […]

Net income for the period ending 31 March was $31m, an 86% drop. Despite this, Jim Murren, Chairman and CEO of MGM Resorts, said Q1 results came in “slightly better than expected.” Consolidated operating income increased to $370m, a 3% growth, with consolidated adjusted EBITDA rising 5% to $740m. MGM Resorts’ net revenue at Las

SG Digital exec Keith O’Loughlin recently told Gambling Insider US suppliers should prioritise scalability over speed to market. Championing a similar message, Meltzer says choosing the correct partner is “crucial” and feels some firms are already regretting early partnerships. The Kambi CCO told Gambling insider: “Getting to market early can be important; but it’s certainly not the be

The bill, which was created by Senator Danny Martiny, will create a ballot question, providing residents the chance to approve sports wagering within the state. If approved, it would legalise betting on college and professional sports at Louisiana’s 15 riverboat casinos, its land-based casino in New Orleans and four racetracks. Despite being approved by the

William Hill tweeted a picture of English Premier League club Tottenham Hotspur’s starting-line up for a Uefa Champions League match against Borussia Dortmund on 5 March, which included players Harry Winks and Davinson Sanchez. The Advertising Standards Authority (ASA) challenged the ad, as it breached regulations, promoting players under the age of 25. Under the

Representative Michael Zalewski, who took over as the bill’s primary sponsor this week, filed two amendments before Wednesday’s subcommittee hearing. The first amendment would authorise Illinois sports betting for riverboat casinos, horseracing tracks, off-track betting parlours, video gaming operators and the lottery. This amendment sets the tax rate as 25% of adjusted sports wagering receipts.

Alex Donohue, Director at Alex Donohue PR, told Gambling Insider customers naturally steer to one operator for a large majority of their bets. He said: “Most customers usually have one go-to operator. Some recreational customers have a suite of operator apps on their mobile device, but I know very few bettors who aren’t strictly motivated

In its financial report, the operator highlighted the positive impact of the UK-facing Sky Bet and Australia-focussed BetEasy acquisitions. In the UK market, Stars Group made $179m in revenue, 31% of overall group revenue. Sports betting brought in $74m in the region, while gaming took $90m. Stars Group finalised its $4.7bn purchase of Sky Betting

The Stars Group, parent company of Sky Betting and Gaming, made the announcement in its first quarter earnings call. Flint played a significant role in the $4.7bn acquisition of Sky Bet, made by Stars Group last year. The deal saw him move from the CEO position to his last post with the company; Executive Chairman.

Massachusetts state lawmakers held a two-day hearing, where they heard from stakeholders discussing the possibility of mobile sports betting, betting on college sports and the state lottery. All three casinos sent a letter to lawmakers prior to the hearing announcing their support of DraftKings and FanDuel operating mobile sportsbooks. The letter read: “Mobile sports wagering