iGaming Team

iGaming Team

EXPERTISE

iGaming Team's latest articles


Study Finds Offshore Sportsbooks Still Dominate U.S. Betting Market

Unregulated offshore sportsbooks are twice as large as their regulated US equivalents, according to a recent report conducted by research firm Blask and gaming event organizer NextIo Based on market activity, engagement, and search trends, the data indicates that offshore websites do better financially than the legal market The report..
1 year ago

Missouri Casino Revenue Declines in February 2025, Slots Lead Earnings

According to the Missouri Gaming Commission's (MGC) February 2025 revenue report, the 13 gaming venues in the state had a 5% decrease in adjusted gross revenue (AGR) over the previous year Only Century Casino Caruthersville, Century Casino Cape, and River City Casino saw positive growth, with total earnings reaching $1493 million Leading the..
1 year ago

Binance Secures Historic $2 Billion Investment from Abu Dhabi’s MGX

MGX, a sovereign wealth fund based in Abu Dhabi that specializes in technology and artificial intelligence, has made a historic $2 billion investment in Binance, the top cryptocurrency exchange in the world by trading volume This purchase represents the largest funding transaction ever carried out exclusively in cryptocurrency and Binance's first..
1 year ago

OKX Expands Institutional Services in Europe With MiFID II License

After obtaining a license under the Markets in Financial Instruments Directive II (MiFID II), OKX has revealed ambitions to improve its institutional services throughout Europe OKX was granted permission to join the European institutional market after acquiring a license-holding company situated in Malta The exchange said that, subject to Malta..
1 year ago

Detroit Casinos Report $98.8M Revenue in February, Down 5.6% Year-Over-Year

The three casinos in Detroit generated a total of $988 million in revenue in February 2025, according to data released by the Michigan Gaming Control Board (MGCB) In comparison to the same month in 2024, this is a 56% decline Despite having $464 million in gaming income, MGM Grand Detroit witnessed a 59% drop in revenue from the previous year..
1 year ago

Electric Poker Debuts in New Jersey as DraftKings Continues Expansion

DraftKings Casino has introduced its exclusive Electric Poker game to New Jersey players, marking its latest expansion after successful launches in Michigan and Pennsylvania in late 2024 The game became available in New Jersey on March 11 Jason March, DraftKings’ VP of iGaming Marketing and Operations, highlighted the strong response from..
1 year ago

Saracen Casino Resort Expansion Nears Completion

More than half of the $250 million Saracen Casino Resort expansion in Pine Bluff, Arkansas, is complete, with completion anticipated in the fall of 2025 A 13-story, 321-room hotel, an 84,000-square-foot event center that can accommodate 1,600 people, and retail establishments like a Starbucks and Sissy's Log Cabin jewelry store are all being added..
1 year ago

PrizePicks Earns iCAP Accreditation, Setting a Responsible Gaming Benchmark

By obtaining Internet Compliance Assessment Program (iCAP) accreditation from the National Council on Problem Gambling (NCPG), PrizePicks has accomplished a noteworthy industry milestone PrizePicks is now the first operator of daily fantasy sports (DFS) to be certified by this esteemed organization CEO Mike Ybarra emphasized the importance of..
1 year ago

Pragmatic Play Sports Expands Offering with Live Greyhound Racing

Pragmatic Play Sports has expanded its sportsbook offering by introducing greyhound racing This new addition gives operators access to over 100,000 live races annually from more than 80 tracks worldwide The product includes a detailed racecard featuring data from each greyhound’s last six races With this expansion, operators in key markets can..
1 year ago

BLAST and KRAFTON Expand PUBG Esports with PEC and PAS 2025

The PUBG EMEA Championship (PEC) and PUBG Americas Series (PAS), two prestigious PUBG: BATTLEGROUNDS tournaments, are returning thanks to a partnership between esports entertainment business BLAST and international game producer KRAFTON These regional competitions, which are in their third year in a row, will once again feature elite competition..
1 year ago

BC.GAME Expands Esports Presence with Elite CS2 Team

BCGAME intends to grow its current Counter-Strike 2 (CS2) team in order to increase its presence in the esports industry In 2025, the BCGAME ESPORTS team, which is made up of elite athletes, is expected to compete at the greatest level This action raises the brand's profile in the esports community while strengthening the platform's place in the..
1 year ago

Slotegrator Expands in Asia with New SimplePlay Partnership

Slotegrator has expanded its presence in Asia by partnering with SimplePlay, a gaming provider known for its advanced and engaging online casino content By working together, Slotegrator and SimplePlay aim to bring engaging and accessible gaming content to a wider audience This partnership could open new opportunities for both companies as they..
1 year ago

BETBY and CSGOEmpire Introduces Exclusive Counter-Strike 2 Betting League

Leading sports betting company BETBY has started a Counter-Strike 2 (CS2) league just for CSGOEmpire By improving player engagement and providing operators with distinctive branding opportunities, this project furthers BETBY's dedication to customized esports experiences The company's award-winning esports portfolio, BETBY Games, includes this..
1 year ago

Lawmakers to Reintroduce SAFE Bet Act in Washington Press Conference

The Supporting Affordability and Fairness with Every Bet Act (SAFE Bet Act) will be introduced by US Senator Richard Blumenthal and Congressman Paul Tonko at a press conference on March 11 in Washington, DC The goal of the concept, which was first put forth on September 12, is to establish a legal framework for internet sports betting Congress is..
1 year ago

Visa and Mastercard Under Fire for Processing Payments on Unlicensed Gambling Sites

Following an investigation by Investigate Europe that found that Visa and Mastercard handled payments for unauthorized gambling websites, the corporations are now under investigation Notwithstanding the payment companies' earlier pledge to prevent illicit transactions, these platforms are accused of defrauding UK consumers out of thousands of..
1 year ago

UK High Court Orders Paddy Power to Pay Full £1 Million Jackpot to Gardener

A UK High Court judge has ruled that Corrine Durber, a gardener from Gloucestershire, is entitled to her full £1 million ($129 million) jackpot after Paddy Power refused to pay the amount, citing a technical error Durber secured the "Monster Jackpot" while playing the Wild Hatter game in October 2020 Her iPad displayed a prize of £1,097,13271..
1 year ago

Playstudios Reports $28.7M Net Loss for FY2024 During Revenue Decline

Playstudios reported a $287 million net loss for the entire year and the fourth quarter of 2024 While adjusted AEBITDA decreased 92% to $565 million, the company's overall sales for the year decreased 69% to $2894 million In 2024, Playstudios launched a cost-cutting program to address financial losses This involved laying off 30% of its..
1 year ago

Kambi Reports Strong Tribal Sports Betting Growth in 2025

The Kambi Group has published its 2025 Tribal sports betting report, which shows remarkable growth from the previous year The overall number of bets put increased by 72%, while the betting handle increased by 51%, according to the report Tribal network on-property sportsbooks also saw a spike, with a 54% increase in handle over the prior year..
1 year ago

Bally’s Proposes $250M Investment to Take Majority Stake in Star Entertainment

A $250 million investment proposal has been made by Bally's Corporation to assist Star Entertainment in resolving its financial and legal issues Bally's would become the casino operator's largest stakeholder if the merger is approved, offering an option to Star's ongoing reorganization initiatives Convertible notes, which would rank below..
1 year ago

Amelco Collaborates with Radar to Enhance Geolocation Capabilities

Amelco, a sportsbook and solutions platform, has partnered with Radar in an effort to improve its geolocation technology The goal of this partnership is to provide Amelco's growing North American operator network with accurate and seamless location verification Brandon Walker, Amelco's Head of Business Development, emphasized the importance of..
1 year ago