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3 weeks ago | 
casinoreports.com | Eric Raskin |Erik Gibbs
News Commission says Kalshi, Robinhood, Crypto.com all need licenses to offer sports contracts Nothing attracts a crowd like a crowd. Fast on the heels of Nevada and New Jersey sending cease-and-desist letters to prediction market operators offering contracts on sports events and Massachusetts openly questioning their legality, Ohio piled on Monday.
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2 months ago | 
casinoreports.com | Jeff Edelstein |Erik Gibbs
News Scammers have been cloning casino brands and logos in an effort to lure players into divulging personal financial information Washington state residents are being bombarded with ads on social media, hyping the state’s tribal casinos’ online operations. There’s only one, big problem: online casinos are not legal in Washington, and the tribes aren’t behind the ads.
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Jan 17, 2025 | 
next.io | Erik Gibbs
The theory that online casinos won’t cannibalise land-based gambling is being put to the test in New Jersey, as the latest revenue figures from the state raise serious doubts about the claim’s veracity. Several reports, including one by Eilers & Krejcik GamingΒ (EKG) last February and another by the iDevelopment and Economic Association (iDEA) last October, have emphasised the synergy between online and retail casinos.
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Jan 16, 2025 | 
next.io | Erik Gibbs
As legislative sessions prepare to convene in 2025, GeoComply data shows that seven statesโ Alabama, Georgia, Minnesota, Mississippi, Nebraska, South Carolina, and Texasโcould benefit immediately from online sports betting. The new data from GeoComply, part of its States Debating Sports Betting Can Score Big With Legalization study, shows the significant potential benefits of this move.
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Jan 16, 2025 | 
next.io | Erik Gibbs
San Diego-based ALT Sports Data Inc. has announced a partnership with X Games that paves the way for regulated sports betting on X Games events for the first time in the competition’s 30-year history. The agreement, according to the announcement, grants ALT Sports Data, a provider of trading and consumer data for alternative, motor, action, and emerging sports, exclusive access to official X Games data.
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Jan 14, 2025 | 
next.io | Erik Gibbs
Black Cow Technology, a company specialising in Remote Gaming Server (RGS) software, has announced the successful completion of a significant Series A funding round. This milestone was achieved in partnership with JJK Partners, although the amount of the funding wasn’t provided. The collaboration signals a major step forward in the development of multiplayer gaming experiences in online casinos.
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Jan 8, 2025 | 
casinoreports.com | Jeff Edelstein |Erik Gibbs
News The platform is stepping more boldly into the sports wagering space under the governance of the CFTC Crypto.com is continuing its march into the world of sports betting, announcing on social media Tuesday that in addition to offering markets on the Super Bowl — titled “The Big Game” at the website — users can now wager (or “predict the outcome,” as the social media posts say) on who will win the NFC and AFC championships, the remaining college bowl games, and the college football...
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Jan 8, 2025 | 
next.io | Erik Gibbs
Flutter Entertainment, the parent company of FanDuel, revealed that its projected earnings for 2024 would fall significantly short of earlier expectations. The unexpected downturn comes as American football bettors have enjoyed a record-breaking winning streak, leading to a sharp reduction in revenue and earnings projections for FanDuel. Flutter disclosed that its US revenue is now anticipated to be approximately $370m lower than the midpoint of its earlier forecast of $5.78bn.
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Dec 11, 2024 | 
next.io | Erik Gibbs
Spain’s gambling regulator, the Directorate-General for the Regulation of Gambling (DGOJ, for its Spanish acronym), has released its financial performance report for the third quarter of 2024, showcasing a steady increase in gross gaming revenue (GGR) and related metrics. The quarter’s GGR reached β¬348.1m, reflecting a slight 0.49% increase compared to the previous quarter and a robust 14.4% rise year over year, underscoring the sector’s sustained growth.
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Dec 9, 2024 | 
next.io | Erik Gibbs
iGaming entrepreneur Andrey “TTR” Nikolaev became the target of a harrowing attempted kidnapping over the weekend. Sharing his ordeal on his Telegram channel, Andrey posted images and videos, some apparently from an ambulance, showing visible injuries, including a cut on his nose and multiple bruises. The attack occurred as Nikolaev, who said he only had about €20 on him at the time, was returning home from training at a gym in Portugal, where he has lived for several years.
