Pennsylvania’s regulated sports betting market saw handle grow beyond $300m for the first time in November, thanks to a soaring mobile contribution, while online casino benefitted from a leap in table games stakes.
This month’s edition of the RP iGaming Index sees Regulus Partners’ Paul Leyland cautiously optimistic about an upswing in the performance of igaming stocks. Market consolidation, meanwhile, has boosted a number of constituent companies.
The Remote Gambling Association (RGA) and Association of British Bookmakers (ABB) are to be wound up and replaced by the Betting and Gaming Council, a new UK-facing operator body that aims to act as the industry’s mouthpiece. British Beer & Pub Association chief executive Brigid Simmonds will lead the new body.
Sweden’s newly regulated igaming market has generated total turnover of SEK3.29bn (£271.3m/€313.8m/$352.8m) in the first quarter of the year, with former horse racing monopoly AB Trav och Galopp (ATG) dominating the channel. Svenska Spel Sport & Casino and ATG accounted for 50% of online market turnover over the three month period.
New Zealand’s Advertising Standards Authority (ASA) has published a new code for gambling adverts in the country, with a focus on protecting children, young people and other vulnerable people from gambling-related harm.
The Nevada Gaming Control Board has reported an 11.5% year-on-year rise in sports betting handle for February, though the state also saw gaming revenue across all verticals decline marginally for the month.
The New Jersey Division of Gaming Enforcement (DGE) has reported a 25.6% year-on-year increase in gaming revenue in February, though the contributions from igaming and sports betting fell sequentially.
US racetrack and casino operator Churchill Downs Incorporated (CDI) has cited its racing and online advance deposit wagering (ADW) divisions as key drivers of a 14.3% year-on-year increase in revenue for 2018.
In the second part of iGaming Business' deep dive into the revised Wire Act opinion, ICE Sports Betting USA speakers stress the need for clarity from the Department of Justice as they look to work out the best way to interpret the ruling.
The Department of Justice’s decision to revise its interpretation of the Wire Act could have a major impact on the nascent US iGaming industry. Or, as some suggest, its impact could be felt in gaming verticals that are well-established and generating money for operators and states alike. A selection of speakers from ICE Sports Betting USA discuss the DoJ’s about-turn.
The UK Gambling Commission has updated its 'Industry Statistics 2008-2013' and provides the latest information on each industry sector – arcades, betting, bingo, casinos, gaming machine manufacturers, lotteries and remote gambling.