Casino stocks rose in both New York and Hong Kong trading after authorities in Macau released favorable results from public hearings on the renewal of casino licenses in the world’s largest gambling market.
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Sports betting is set to continue on its upward trajectory next year, as are igaming startups. And look out for crypto’s grand entrance on the OSB scene in 2022.
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John Acres created the gaming industry’s first player tracking system in the 1980s, giving casinos the ability to follow a customer’s slot machine wagering activity and reward the gambler with various incentives.
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The fight over a proposed constitutional amendment that could bring casinos to North Florida is heating up as the political committee behind it tries to get the proposal onto the 2022 ballot.
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New Jersey set a new sports betting revenue record for the second consecutive month in November after players wagered a total of $1.29bn across online and retail.
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The entry into force of the new Interstate Treaty on Gambling 2021 (‘IST2021’) on 1 July 2021 in Germany was anticipated by the industry with great expectations. For the first time, licences for the organisation of virtual slot machines, online poker, and online casino games were to be granted, in addition to sports betting. But the closer the deadline in July came, the more impenetrable the web of responsibilities, transitional regulations, and new regulatory efforts became.
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In light of DraftKings CEO Jason Robins comments about winning players, Hartley examines if any mainstream sportsbook in the U.S. will ever be able to turn a profit.
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Two more facilities won a key approval Wednesday to offer in-person gambling on sports in Maryland.
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SECAUCUS, N.J. (AP) — If you’ve turned on a television in the last three years, chances are you’ve been inundated with advertisements for sports betting, and not only during game broadcasts.
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Leading US sportsbooks do not want professional bettors, or at least DraftKings does not, according to a speech at a Cannacord investor summit by its CEO Jason Robins. Robins also told investors that New York would not see the company spend aggressively for customer acquisition, implying New Yorkers could continue to wager in New Jersey and Connecticut.
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TALLAHASSEE — The Seminole Tribe of Florida is paying petition gathering firms to not work in Florida during the 2022 midterms as part of an effort to block rival proposed gaming constitutional amendments — a strategy that also includes running a separate informal signature gathering operation and hiring workers that interfere with other petition gatherers.
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The Seminole Tribe has asked a Washington, D.C.-based appeals court for a stay of a ruling that rejected a gambling deal allowing sports betting in Florida.
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