White Hat Studios signs BetMGM as new casino content client
Summary: Gaming content developer White Hat Studios will provide online slots and table games to BetMGM in New Jersey, Michigan, Pennsylvania and West Virginia. Why it matters: BetMGM has performed well in online sports betting since launching over the past two years, but has done even better in online casino.With 27% it is US market […]
New York leads to raised TAM from Truist Securities
Summary: The volume of regulated wagering New York has generated since launch has led Truist Securities to raise the US total addressable market (TAM) by 9% for revenues and 2% for handle. Why it matters: The sheer scale and activity levels that New York brings to US online sports betting are once again evident with […]
BetMGM announces business update event for May 12
📅 May 12, 2022 – 8:00 AM (PDT) – BetMGM business update investor eventGoogleiCalWhat to watch for The company says presentations from Adam Greenblatt, CEO, Gary Deutsch, CFO and Matt Prevost, CRO, will provide “deeper insights into the rapidly growing U.S. sports betting and iGaming marketplace with presentations”. Analysts will be hoping for more insight […]
US sports betting redirect pays off for XL Media
Summary: XL Media’s strategy to focus efforts on US sports betting activities led to a 21% rise in full year revenues. Why it matters: Revenues were up 21% to $66.5m and adjusted EBITDA rose 47% to $17.9m in 2021.The group’s revenues from US sports betting affiliate websites grew 178% to $31.4m.The group’s acquisition of US […]
Kentucky bill latest tweet
@CasinoOrgSteveB: HB 607, which would reform Kentucky’s parimutiel taxes & introduce penny breakage in racing, will be heard at 10 am by the Senate Licensing & Occupations Committee.I’ve been told that HB 607 & HB 608 (gray games) are priorities in the Senate before the veto period starts Thurs