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In what can only be described as a monumental leap for online gambling, Pennsylvania has shattered its previous records, setting a new high in the realm of internet casino revenue this February. The figures, as reported by the Pennsylvania Gaming Control Board (PGCB), are nothing short of stellar, with revenue reaching an unprecedented $184.9 million. This marks a 40% increase from the $131.6 million recorded in February of the previous year, signaling a robust growth trajectory in the Keystone State's iGaming sector.

Rumor Refuted: MGM Resorts International has officially denied rumors that Bruno Mars owed them a significant gambling debt.

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Posted on: March 18, 2024, 03:29h. Last updated on: March 18, 2024, 03:34h.

DraftKings, the sports betting behemoth, is shaking things up in its executive suite. Jason Park, who has helmed the company's finances as the Chief Financial Officer since June 2019, is transitioning to a new role within the company. Stepping into Park's big shoes is Alan Ellingson, the current Senior Vice President of Finance and Analytics. This significant baton-passing is set to occur on May 1, marking a new chapter in DraftKings' corporate narrative.

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Atlantic City's casino revenue saw a downturn for the second consecutive month in February 2024.

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This week's news landscape was dominated by talk of acquisitions and divestitures, with Entain arguably capturing the most attention. Reports hint at the company's plans to offload several brands, sparking speculation and discussions across the industry. But that's just the tip of the iceberg. Events, responsible gambling initiatives, and engaging industry catchups have also made headlines, painting a vibrant picture of the current state and future directions of the gambling and iGaming industry.

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Posted on: March 14, 2024, 02:17h. Last updated on: March 14, 2024, 02:17h.

FanDuel is identified as a major catalyst for the increase in Flutter Entertainment's stock value.

In the ever-evolving landscape of the online gambling industry, Entain, a prominent FTSE 100 group, is reportedly considering a strategic overhaul that could see the sale of several of its brands, including the notable PartyPoker platform. Recent insights from sources close to the Financial Times reveal a deeper analysis into Entain's past business decisions, acquisitions, and the potential pivot towards a more streamlined portfolio.

Greentube, NOVOMATIC's Digital Gaming and Entertainment division, is expanding its presence in the Dutch regulated online casino market.

Today, gamers don’t need to go to a land-based venue to play their favorite casino games and place bets. That’s because online casinos allow you to do that virtually anywhere. But like land-based casinos, gambling apps reserve the right to kick you out if you break the rules. So, what are some of these behaviors that can get your account suspended?