New Jersey Sportsbooks Handle More Than $95M in August, Boosting Casino Revenue

New Jersey sportsbooks started to reap serious benefits for casinos and racetracks in August, as gamblers plunked down more than $95 million in sports bets during the month.
New Jersey sportsbooks revenue

Fans watch Week 1 NFL action on large screens in the FanDuel Sportsbook at Meadowlands Racetrack in East Rutherford, New Jersey. (Image: Mitsu Yasukawa/NorthJersey.com) Continue reading “New Jersey Sportsbooks Handle More Than $95M in August, Boosting Casino Revenue”

Tokyo Casino on the Horizon? City Prepares Impact Study

Tokyo city officials are to commission an impact study into hosting an integrated resort, the first concrete interest the Japanese capital has shown in participating in the country’s impending casino market.
Japanese casino market to be worth $15 billion

Tokyo wakes up. Despite its preoccupation with the 2020 Olympic Games, the city offered the first indication this week that it will apply for one of three Japanese casino licenses. (Image: Departures) Continue reading “Tokyo Casino on the Horizon? City Prepares Impact Study”

The Stars Group Announces Third Quarter 2018 Earnings Release Conference Call and Webcast Details

The Stars Group Inc. (Nasdaq: TSG) (TSX: TSGI) today announced that it will release its financial results for the third quarter ended September 30, 2018 prior to the start of trading on Wednesday, November 7, 2018, and will host a conference call and webcast at 8:30 a.m. ET to discuss the same. Continue reading “The Stars Group Announces Third Quarter 2018 Earnings Release Conference Call and Webcast Details”

Gaming Innovation Group: GiG Games Receives Approval to Supply Games to B2C Operators in the UK

Gaming Innovation Group Inc. (GiG) has been granted permission to offer its in-house games under its B2B licence from the UK Gambling Commission (UKGC). The licence complements GiG’s software and B2C licence in the UK. It will enable the Company to offer its new games services to its existing white label customers as well as external brands operating in the UK market.

Mathias Larsson, MD at GIG Games comments:”We are thrilled to announce this news so early in our journey with GiG Games. Normally, a game provider enters one market at a time, however, with our strength from being a division within GiG’s ecosystem, we are able to enter multiple regulated markets at the same time. Regulated markets are the future of our industry and it is part of our core strategy to be present in every regulated market. Continue reading “Gaming Innovation Group: GiG Games Receives Approval to Supply Games to B2C Operators in the UK”

Leading Gambling Comparison Company Seven Star Digital Raises Strategic Funding From Kinetic Investments

Seven Star Digital and Kinetic Investments today announce a deal in which the gambling comparison company will receive investment to drive further expansion.

Seven Star Digital operates a number of well-known comparison brands including TopRatedCasinos.co.uk and Compare.bet. The company currently has 15 employees and is based in Shoreditch, London. Continue reading “Leading Gambling Comparison Company Seven Star Digital Raises Strategic Funding From Kinetic Investments”

Global Online Gambling Market Size Worth USD 73.45 Billion By 2024: Hexa Research

The global online gambling market size is anticipated to reach USD 73.45 billion by 2024 owing to rising prevalence gambling across the globe. Technological advancements and addition of new regulations are expected to boost market demand over the forecast period. Furthermore, growing adoption of smartphones and tablets and easy access to online platforms are anticipated to drive the market.

Companies are focusing on developing mobile applications with secure money transfer facilities so that punters can easily place their bets online in real time. For instance, companies such as Bet365 Group Ltd., Paddy Power Betfair plc., and Betsson AB have mobile applications on different platforms such as iOS and Android. Moreover, a number of countries are legalizing gambling with each passing year. For instance, in December 2016, the parliament of Japan passed a law to legalize casinos after holding it for 15 years. Continue reading “Global Online Gambling Market Size Worth USD 73.45 Billion By 2024: Hexa Research”