D raftKings-backed venture capital firm Drive by Draftkings announced on Thursday that it has raised its first venture fund of $60 million, to be invested in sports tech and entertainment companies and to support “entrepreneurs advancing the future of play and performance.” Raised in just six months, the fund is oversubscribed by 20%. It has
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P aysafe‘s digital payments provider Skrill USA announced on Thursday a major product revamp to make it easier and faster than ever to wager online with iGaming brands. The first of several planned upgrades with new features that allow from instantly funding deposits and receiving payouts to an effortless and intuitive user experience (UX). With
F lutter Entertainment, the owner of major brands including Paddy Power, Betfair, FanDuel and PokerStars, announced Thursday the opening of its new £15 million ($20.7 million) technology and innovation hub in Leeds, now available to colleagues from across its UK and Ireland and International divisions. This landmark development at 4 Wellington Place brings 1700 employees
T he NFL is launching a new comprehensive responsible betting education and awareness initiative, announced the league on Wednesday. The integrated league-wide program sees the NFL encouraging bettors to stick to a game plan, including setting a budget limit, using licensed, regulated operators, and asking for help when needed. The core message of the campaign’s
T he UK Gambling Commission said moves to the next phase of the project to improve the quality of its adult gambling participation and prevalence statistics. Earlier this year, the Gambling Commission consulted on proposals to change the way it collects participation and prevalence statistics, a set of statistics that capture levels of gambling activity,
T he parent company of global sports betting and gaming businesses operating Betway, SGHC Limited, and Spin, a multi-brand online casino offering, announced Wednesday the continuation of its new market expansion with the addition of a fifth live market in the U.S. as well as a new license in Europe. Super Group plans to bring
T he Pennsylvania Gaming Control Board reported that casinos generated more than $415.6 million in September, a 46% increase compared to revenues from the same period in 2020. Money generated last month was nearly $7.9 million less than in July 2021, when casinos saw $423.6 million in revenues, the highest monthly revenue to date. Of
T Advertising he NYS Gaming Commission issued on Wednesday a “request for information” for unawarded commercial casino licenses in up to three casinos in the New York City region. Proposals are due December 10 and the RFP (request for proposals) is set to measure interest in downstate region developments, reports New York Post. The move, expected
In the western American state of Arizona and the federally-recognized Gila River Indian Community reportedly held a special ceremony yesterday in order to break ground on a coming $150 million tribal casino. According to a Monday report from The Arizona Republic newspaper, the tribe’s Gila River Hotels and Casinos enterprise is already responsible for the
The 41 casinos in Macau reportedly saw the share of aggregated third-quarter gross gaming revenues they amassed from VIP baccarat players decrease by some 16.4% year-on-year to just over $737.7 million. According to a report from Inside Asian Gaming citing official information from the Gaming Inspection and Coordination Bureau regulator, this drop meant that only
Pragmatic Play has released the latest title in its vault-inspired slot collection, Cash Bonanza, which combines a classic fruit theme with piles of banknotes and gold coins, along with an Increasing Ways Win respins feature that is sure to pay dividends, including a 5,000x max win! In this high volatility video slot, a 4-reel, 6-row
The numerous online and land-based sportsbooks serving the American state of New Jersey reportedly set a nationwide record in September after becoming the first to collectively process over $1 billion in monthly handle. According to a Monday report from VSiN citing official information from the New Jersey Division of Gaming Enforcement, the many sportsbooks in
In South Korea and a prominent federal politician has reportedly suggested that the nation’s collection of 17 foreigner-only casinos be allowed to start offering mobile wagering so as to more quickly recover from the detrimental impacts of the coronavirus pandemic. According to a report from GGRAsia, Lee Sang-Heon is a member of the country’s National
Land-based casino and racetrack operator Penn National Gaming Inc. (PENN:NASDAQ) has completed the purchase of Toronto-based digital media company Score Media and Gaming Inc. (theScore) in a $2 billion cash and stock transaction. First announced in August, the deal will create “a complete one-stop entertainment destination.” TheScore is the number one sports media app in
In the United Kingdom and the Gambling Commission regulator has announced that it has concluded the application stage of its process to select who is to be granted the next ten-year license to run the country’s National Lottery. The watchdog used an official Tuesday press release to detail that this initial phase ended on Friday
Hot on the heels of the launch of its latest online casino title and leading content provider Pragmatic Play has announced that it has agreed a multi-vertical deal with LuckSports in Brazil, further advancing its Latin American progress at the same time. Operated by Curaçao-licensed G2Egames NV, the sports betting site will add Pragmatic’s slots,
Irish iGaming concern NSUS Limited has announced that its GGPoker-branded online poker service has received permission from the Kansspelautoriteit (KSA) regulator to begin offering its wares to punters in the Netherlands. The Dublin-headquartered operator used an official press release published by European Gaming Media and Events to declare that its domain at GGPoker.nl received a
Online and retail sportsbooks in the eastern American state of Pennsylvania reportedly had a profitable September after seeing their aggregated volume rise by 25.1% year-on-year to hit nearly $578.8 million. According to a Wednesday report from PlayPennsylvania.com citing official information from the Pennsylvania Gaming Control Board, this tally represented the second highest since sportsbetting went
The Atlanta Hawks head coach, Nate McMillan, thinks big men entering the league from other countries, mostly European, thrive in the National Basketball Association due to the fact that they were taught the fundamentals of the game from a very young age. The international big man’s control of their overall game consisting of ball control,
As a head football coach, Urban Meyer, is currently unbeaten overseas, and he faces a huge task this Sunday when his Jacksonville Jaguars battle versus the Miami Dolphins from Tottenham Hotspur Stadium located in London, United Kingdom. Meyer just so happened to be the University of Notre Dame’s receivers coach in 1996 when the Notre