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New York Sports Betting Handle Up in September
According to the latest reports, the New York sports betting handle increased to $1.8 billion in September, a 25 percent improvement from August. However, it was lower by 2.3 percent year over year. In addition, the gross gaming revenue dropped 3.7 percent to $159.4...
How Technology and Personalization Drive NBA In-Play Betting
The NBA regular season kicks off on October 22nd when the New York Knicks will be taking on the Boston Celtics. There will be many exciting plays, and bookies can capitalize on that by offering NBA in-play betting. According to pay per head sportsbook providers, they...
Top African Countries with the Biggest Gambling Markets
The global gambling industry has an estimated value of over $500 billion and grows continuously due to technological advances. Online gambling operations helped land-based revenues, with the United States and the United Kingdom leading the way. In addition, top...
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Codere Finalized Its Global Recapitalization, Reduced Debt by $1 Billion
Codere finalized its global recapitalization procedure and announced that it had reduced its debt from $1.52 to $207 million. In addition, the Spain-based operator aimed to change its capital structure. The company started in 1980 and pioneered retail sports betting in the country. With this significant debt reduction,...
POGO Ban in the Philippines, Not the End for Online Gaming Operators
President Ferdinand Marcos Jr. of the Philippines will soon issue an executive order banning Philippine Offshore Gaming Operators (POGOs). Although the decree has not yet been implemented, the gaming industry is uncertain how the POGO ban in the Philippines will...
Sports Betting and iGaming Save Pennsylvania Gambling Industry
Revenue from the Pennsylvania gambling industry in July reached $500.8 million. According to the Gaming Control Board, it was 7.2 percent higher than last year. Also, it was 6.1 percent higher than the revenue in June. Despite a 4.8% year-on-year decline to $204.3m,...
Proposed Osaka Integrated Resort Faces Another Setback
According to local media outlets, the Bureau International des Exposition is asking to postpone the construction of the proposed Osaka integrated resort for at least six months. The organization oversees the upcoming World Fair or Expo 2025. Still, this might have...