May 2024
Ohio Casino Commission Relaxes Sports Betting License Rules
Posted on: May 17, 2024, 12:51h. Last updated on: May 17, 2024, 12:51h. The Ohio Casino Control Commission (OCCC) has eased its regulatory rules regarding issued sports betting licenses that have gone unused. Matthew Schuler, executive director of the Ohio Casino Control Commission, in his office during a December 2021 interview. Schuler says recent changes […]
Australian Soccer Players Accused of Match-Fixing for South American Crime Group
Posted on: May 17, 2024, 12:28h. Last updated on: May 17, 2024, 12:30h. Three Australian A-League soccer players have been arrested as part of an investigation into betting corruption. The players are accused of manipulating the number of yellow cards received in at least four games that took place in the past six months. A […]
Sportradar Could See DraftKings-Like Resurgence, Says Investor
Posted on: May 17, 2024, 12:13h. Last updated on: May 17, 2024, 12:13h. On the back of a strong first-quarter earnings report, Sportradar (NASDAQ: SRAD) surged on Wednesday. Prior to that, shares of the sports betting data provider did a lot of nothing for an extended period of time. One professional money manager believes the […]
FanDuel Dominates US Market Share in April, JMP Confirms
There are two leading betting and gaming operators that compete for the top spot across the United States. An overwhelming majority of nearly 40 US states offer some form of betting and competition between FanDuel and DraftKings for the top spot has never been greater. Cumulatively, the duo holds a significant share of approximately 80% […]
New Jersey Gaming Revenue Totals $511M in April
Posted on: May 17, 2024, 09:45h. Last updated on: May 17, 2024, 09:55h. New Jersey’s gaming industry enjoyed its best April in over a decade, the state’s Division of Gaming Enforcement (DGE) reveals. Atlantic City casino revenue was down 6% in April 2024 from April 2023. The New Jersey gaming beach town is ready for […]
AUSTRAC and SkyCity Adelaide Agree to $67M Penalty Proposal
Gaming and entertainment company that provides sports, amusement, and recreation services, SkyCity Adelaide Pty Ltd (SkyCity), and the Australian Transaction Reports and Analysis Centre (AUSTRAC) have filed joint submissions with the Federal Court of Australia. Their proposed AU$67 million penalty mentioned in the joint submissions was deemed appropriate in the context of the casino’s contravention of […]
XLMedia’s FY 2023 Results Decrease amid Internal Restructuring
Sports and gaming digital media company XLMedia has published its audited results for FY 2023, outlining significant declines across the board. Key highlights included revenue of $50.3 million, down 29% year-on-year. For comparison, the company’s revenue for FY 2022 stood at $70.9 million. The decline in revenue resulted in a 26% decrease in gross profit […]
Congresswoman Titus Wants Federal Excise Tax Revoked
Congresswoman Dina Titus expressed her support for repealing the current federal excise tax on sports betting at the SBC Summit North America last week. The fifth edition of the leading conference and tradeshow dedicated to the online betting and gaming industry in North America was held in New Jersey, one of the largest sports betting […]
Scottie Scheffler Out of Jail Following Arrest at PGA Championship
Posted on: May 17, 2024, 08:40h. Last updated on: May 17, 2024, 09:01h. Scottie Scheffler, the world’s top-ranked golfer and betting favorite at this week’s PGA Championship, is out of jail following his arrest early Friday morning. Scottie Scheffler’s booking photo after being arrested on Friday, May 17, 2024, in Louisville. Scheffler was detained after […]
ATG Parts Ways with CTO Bollesen with Immediate Effect
Ainsworth Game Technology (ATG) is parting ways with David Bollesen, its chief technology officer. The news was confirmed on May 16 in an official ASX announcement. The Australian Exchange filing noted that Bollesen is departing from the company “on mutual agreement, with immediate effect.” The company acknowledged his contributions and expert input and wished him […]