Survey: Gamblers plan to cut spending due to inflation
Summary: A survey of 700 UK gamblers conducted by YouGov on behalf of the Department of Trust (DoTrust) found 50% plan to stop gambling or reduce their current spending in the coming months. Why it matters: Inflation was cited as the top reason by 211 of the 351 respondents who plan to stop gambling or […]
Boyd’s Pala deal ‘future proofing’ for further igaming
Summary: The team at Deutsche Bank suggests the $170m agreement to buy Pala Interactive will give Boyd Gaming optionality over future gaming legislation ad won’t affect the regional gaming operator’s deal with FanDuel. Why it matters: Deutsche Bank make the point that the cut of sports betting revenues Boyd receives from FanDuel – where it […]
Pinnacle gets licensed – in Malta
Summary: One of the biggest names in offshore gaming has announced it has received a license for its B2B business in the European gaming hub. Why it matters: Pinnacle is one of the biggest names in offshore sports betting but this move is aimed more at B2B provision in other markets.Beyond the headline Pinnacle says […]
Fubo Gaming cancels Loop office rental contract
Summary: Fubo TV has cancelled its rental contract for office space in downtown Chicago as further questions are raised about its sports betting plans. Why it matters: The company subleased the office 12 moths ago in the Loop area of the Windy City and was due to go on a hiring spree as COVID restrictions […]
Mazzeo on New York in-state college betting restrictions
@MazzNYC: Continuing theme: Friend going to MSG for St. Bonaventure-Xavier NIT game tonight. Tries to bet it legally. Realizes game not offered due to NY regs. Bets via unregulated market instead. Regs should be changed