T he Coingaming Group announced Monday that it has changed its name to Yolo Group, following a full rebrand of the business “to better reflect its status as disruptors across a diverse range of sectors including gaming and fintech”, according to a statement by the company. Yolo Group will have five verticals which cover the
Industry
The time for US sports betting has arrived, as tens of millions of Americans now have the choice to bet legally with state-approved and regulated sports books this NFL season. The combination of new sports betting states and American consumers migrating to legal sports books has resulted in the highest four day stretch of geolocation
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The Blackstone group is once again looking to the sell their Cosmopolitan Las Vegas property. And all you need to add this resort to your portfolio is a meager $5 billion… maybe more. It’s being reported that Apollo Global is exploring an offer. Another potential partner is MGM Resorts International. However, representatives for Blackstone, Apollo
US gambling revenue can be tracked using the Commercial Gaming Revenue Tracker from the American Gaming Association’s (AGA). It features state-by-state and nationwide financial performance data with breakdowns for individual gaming verticals. The commercial gaming sector’s record-setting run continued into July as gaming revenue from traditional casino gaming, sports betting, and iGaming, reached $4.83 billion
S ports data solutions provider, LSports announced that it has been granted an official sports betting license issued by the Colorado Division of Gaming. The two-year license allows LSports to further expand its operations in the US, enabling it to deliver its unique sports data solutions to operators in Colorado. In addition to this, LSports
It wasn’t too long ago that William Hill’s American holdings were purchased by Caesars Entertainment. That deal left the company’s non-US assets up in the air, but perhaps not for much longer. 888 has confirmed that they are in “advanced” discussion with Caesars about purchasing what’s left of William Hill’s properties not in the US.
V IXIO GamblingCompliance has announced the official shortlist for the 2021 Global Regulatory Awards (GRAs). Now in their fifth year, the VIXIO GRAs aim at recognizing and celebrating the achievements of individuals, teams and businesses across the gambling landscape who have excelled in the field of compliance, corporate social responsibility and responsible gambling over the
As we return from our summer vacation, we’ve got sports betting news as we prepare for the American football season! There are major developments from the NFL and its relationship to sports betting! Plus, gambling news finds another Fremont Street casino reopening, and we report on what things are like in Las Vegas right now!
G lobal provider of media and sports data Stats Perform announced an agreement with Borussia Dortmund, the popular german champion soccer club, which will see the Bundesliga club continue to use Stats Perform’s ISF platform to support the management of its club-wide scouting and recruitment operation for the next two years. Under the leadership of
As we approach the first games of the 2021 football season, NFL sports betting advertisements are a real thing! The league has made agreements with several licensed sports books, and those lucky seven books will be allowed to run commercials during NFL games this year. BetMGM, WynnBET, PointsBet, and FOX Bet will now join the
E ntain’s bwin announced Tuesday that it has entered into a partnership with UEFA to become an Official Betting Partner of both the UEFA Europa League and the newly formed UEFA Europa Conference League, for the next three seasons. Under the terms of the agreement, bwin will enjoy high visibility in both competitions appearing on
It’s been fifteen months since Main Street Station in downtown Las Vegas closed for the pandemic. And now, finally, the property is set to welcome guests back once again. The venue has a casino floor that’s 27,000 square-feet and boasts more than 400 hotel rooms. September 8th is the target date put in place by
B Advertising lackstone is again offering the Cosmopolitan in Las Vegas for sale, with an asking price of $5 billion or more, according to sources cited by Bloomberg. The investment company initially bought the hotel and casino for $1.73 billion in 2014 from Deutsche Bank, which gained ownership through a crisis-related loan default in 2008.
C ompiled by the Association of Gaming Equipment Manufacturers (AGEM), the AGEM Index for August showed an all-time high of 1,012.89 after an increase by 87.57 points, which is a 9.5% gain from July 2021. In the last month, nearly all AGEM Index companies reported increases in stock price, with 10 of them posting positive
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Online casinos over the past few years have been flooded with new and existing users looking for ways to pass the time by during the recent pandemic caused by Covid. Online slots have been one of the categories that have shot up in recent months with a record-breaking number of users passing through like this
S lotegrator announced Monday that it has partnered with iGaming industry company NetGaming. Founded in Malta in 2019, NetGaming has a portfolio of over 20 games of different verticals which include table games and slots. According to a statement by Slotegrator, its new partners’ team has “a wealth of experience, being composed of professionals who
For the fifth month on a row, Nevada casinos have brought in over a billion dollars in a month. In July, they actually set another revenue record by generating $1.36 billion. The Nevada Gaming Control Board reported the numbers, which were a rise of 80% over July of last year. The return of more entertainment,
The Gaming Control Board has posted reports showing yet another Pennsylvania gambling revenue milestone. The Board has shown figures that the combined total revenue in July 2021 generated from all forms of gaming regulated by the Board along with fantasy contests was $423,657,956. That represents the highest monthly revenue total to date for games regulated