Sector: Operators

Analysts split on BetMGM revenue forecast

17 June 2025 at 4:30am UTC-4
A pair of stock analysts offered differing takes on BetMGM’s announcement that it was raising revenue and cash-flow guidance for 2025. Their views were expressed in competing 16 ...

Fitch: Tax hikes could stunt sports betting’s growth

16 June 2025 at 4:41pm UTC-4
“Recent and proposed state sports betting tax hikes could dampen the online gaming sector’s positive growth momentum,” Fitch Ratings Associate Director David Lowenstein ...
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BetMGM upgrades financial outlook for 2025

16 June 2025 at 9:00am UTC-4
MGM Resorts International and Entain co-owned BetMGM has upgraded its financial outlook for 2025, citing a sustained positive momentum from the first to the second quarter. The ...

Wyoming draft bill to double online gambling tax

16 June 2025 at 8:55am UTC-4
Wyoming lawmakers have drafted a bill that, if passed, will increase the state tax on online sports wagering from 10% to 20%. During a meeting of the legislature’s select ...
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Games Global Chief Financial Officer Tim Mickley resigns

16 June 2025 at 8:41am UTC-4
Games Global Chief Financial Officer Tim Mickley has resigned after more than four years in the role. Mickley joined Games Global’s executive leadership team in January 2021 ...

Japan asks other countries to block casino access

16 June 2025 at 8:02am UTC-4
The Japanese government has asked eight other countries and territories to take steps to prevent Japanese residents from accessing online casino sites. A government source ...

West Virginia launches gambling addiction app

16 June 2025 at 7:54am UTC-4
The Problem Gambling Help Network of West Virginia has launched a new app that will support people dealing with gambling addiction. The app, developed in conjunction with ...

Maine House of Representatives supports tribal online casino proposal

16 June 2025 at 7:16am UTC-4
The Maine House of Representatives has voted in favour of the state’s four Wabanaki tribes being granted exclusive rights to operate online casino gaming, expanding their ...
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Louisiana governor vetoes sweepstakes ban

16 June 2025 at 6:11am UTC-4
Louisiana Governor Jeff Landry has vetoed a bill that would have banned the operation of online sweepstakes sites. SB181 sought to impose enforcement rules that included fines ...

DraftKings imposes Illinois levy

13 June 2025 at 1:30pm UTC-4
Following the example of FanDuel this week, DraftKings says it will levy a US$0.50 surcharge on bets placed in the Illinois. In-person wagers will be exempt from the fee, which ...

New York Senate passes online sweepstakes casino ban

13 June 2025 at 7:35am UTC-4
A bill to ban online sweepstakes gaming in New York has passed in the state's Senate. However, the House companion bill remains in committee. Senate Bill S5935A, introduced by ...

US lawmaker proposes gambling taxes pay for ICE funding reserve

13 June 2025 at 7:24am UTC-4
US Representative Michael Rulli is introducing legislation to create a reserve of money for Immigration and Customs Enforcement from gambling taxes. The GAMBLER Act will create ...

Betfred player wins more than £11 million on Mega Moolah slot payout

13 June 2025 at 7:05am UTC-4
Online casino game developer Games Global has said a player in the United Kingdom has won a jackpot of more than £11.5 million on the Mega Moolah slot while playing at UK ...

Hard Rock Digital hires former Better Collective and Caesars executives

13 June 2025 at 6:58am UTC-4
Hard Rock Digital has appointed two senior industry executives. Sarah Durkin has been appointed Senior Vice President of Growth and will oversee everything from social media ...

Australian government gives green light for PointsBet takeover

13 June 2025 at 6:51am UTC-4
The Australian government has given the go-ahead for the takeover of Australian sportsbook operator PointsBet by the Japanese entertainment group Mixi. According to a holding ...