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Industry Headlines

Bally’s $1.7 Billion Casino Approved by Chicago City Council
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Bally’s $1.7 Billion Casino Approved by Chicago City Council

An end is near to Chicago’s 30-year effort to build a casino and entertainment complex. More than three weeks after Mayor Lori Lightfoot backed the $1.7 billion River West plan by Bally’s Entertainment, the City Council gave the company the green light to construct and establish a temporary facility in River North’s Medinah Temple. Upfront […]
Atlantic City Casino Revenue Soars Past Pre-Pandemic Figures
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Atlantic City Casino Revenue Soars Past Pre-Pandemic Figures

On Monday, the New Jersey Division of Gaming Enforcement (DGE) presented gross operating profit data for its casino industry. According to those figures, there was a total of $155.6 million in profits on net sales of $719.8 million. For all nine Atlantic City casinos, profit margins were higher in the first quarter of this year […]
PlayStar Partners With Evolution for New Jersey Market
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PlayStar Partners With Evolution for New Jersey Market

PlayStar, an upcoming US-facing online casino, has signed a partnership with Evolution, a renowned casino solutions provider. As per the terms of the agreement, Evolution will supply the casino with its live casino and random number generator (RNG)-based casino games. Online gamblers in New Jersey will be able to play several of Evolution’s online live […]
Another Metaverse-Based Casino on The Spotlight Over NFTs
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Another Metaverse-Based Casino on The Spotlight Over NFTs

A 22-page emergency cease-and-desist order has been issued against the metaverse-based Flamingo Casino Club. The order came from state securities boards in Texas, Wisconsin, Kentucky, New Jersey, and Alabama. The order lays out the boards’ allegations of fraudulent assertions. The casino, they claim, is nothing more than a “high-tech con”. As a result, they have […]
NYSGC Posts April Revenue Figures for New York Sports Betting
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NYSGC Posts April Revenue Figures for New York Sports Betting

The New York State Gaming Commission (NYSGC) has recently released the revenue report for the sports betting industry in the state. According to the state gaming regulator’s findings, the nascent sports betting market is on the rise. Gross gaming revenue (GGR) from the state’s eight live online sportsbooks was a whopping $104.1 million. Of that […]
DraftKings Acquires Golden Nugget
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DraftKings Acquires Golden Nugget

This week, DraftKings Inc closed the acquisition of Golden Nugget Online Gaming, Inc for a whopping $1.56 billion. The move which become public on May 5, 2022, brought to an end the prolonged negotiations between the two companies. To put this into context, DraftKings’ bid to acquire Golden Nugget was approved in August 2021. It […]
Chicago’s Casino Plans Facing Some Opposition
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Chicago’s Casino Plans Facing Some Opposition

Last month, the mayor of Chicago unveiled the three finalists for its long-awaited casino project. Given the stakes, the selection process was always going to be very comprehensive. Each of the three finalists and the city would participate in a community engagement meeting for the proposed casino. During these meetings, the public would get the […]
Caesars Entertainment Signs Lucrative Market Deal with RateGain
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Caesars Entertainment Signs Lucrative Market Deal with RateGain

Caesars Entertainment, Inc. (Caesars), the biggest casino corporation in the United States, has this week chosen RateGain Travel Technologies Limited (RateGain), a supplier of SaaS solutions for travel and hospitality, to deliver real-time rate intelligence to increase hotel performance, profitability, and RevPar. The lucrative partnership deal is part of Caesars’ ambitious attempts are remaining at […]
AGA Puts Offshore Sportsbooks in the Spotlight
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AGA Puts Offshore Sportsbooks in the Spotlight

It is no secret that the offshore betting industry has been booming in the United States. While this was initially because of the tight restrictions in many states, many players still use these platforms. That applies even to states where online gambling has since been legalized.  Now, the offshore sports betting sector is getting some […]
Digital Gaming Corporation Extends NJ Footprint with New Partnership
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Digital Gaming Corporation Extends NJ Footprint with New Partnership

Renowned online casino solutions developer and provider Digital Gaming Corporation (DGC) has recently inked a lucrative commercial deal with Golden Nugget Online Gaming in New Jersey. This is part of the company’s ambitious plans to extend its market presence not just in the Garden State but in other parts of the United States as well. […]