Time running short for Alabama gambling expansion
A call to the Alabama house of representatives confirmed that the meeting was off for Wednesday (24 April) with no reschedule date. The legislature is now scheduled...
Soft2Bet receives Irish supplier licence
The business described the step as its “latest strategic move”, as part of its work to “expand its global footprint across numerous regulated markets”. The business also...
Penn would survive without ESPN Bet, says Truist report
Truist also upgraded Penn’s rating from Hold to Buy. Last August, following the announcement that Penn would relaunch its Barstool Sportsbook as ESPN Bet in a $1.5bn...
Massachusetts Senate passes sports betting bill with promo ban
The chamber reviewed Senate Bill 2844, which added a clause to the Massachusetts General Laws clarifying that sports betting, whether online or land-based, was not a form...
Arizona sports betting handle reaches $637.5m in February
Handle for February was some way clear of the $609.3m bet in the same month last year. However, it was 9.8% behind the $706.4m wagered in Arizona in January...
MGM to acquire LeoVegas for $607m to expand online reach to Europe
The LeoVegas board unanimously recommended the offer. MGM will pay SEK61 (£4.90/€5.85/$6.16) per share to acquire all of LeoVegas’ share capital, which LeoVegas noted was a premium...
Penn Entertainment upbeat on growth prospects despite 3.8% revenue drop
Revenue was down across all core businesses during the three months through to 31 March. This includes the Interactive segment, which has been a growth area for...
Record revenue fails to halt net profit slide at Aspire Global in Q1
Revenue for the three months to 31 March 2022 amounted to €46.3m (£39.0m/$48.7m), up 33.4% from €34.7m in the corresponding period last year and a new quarterly...
Ohio betting revenue drops 3.8% in first month since college prop bet ban
The sports betting revenue total of $63.8m in March also fell 33.1% short of the same month last year, when Ohio reported revenues of $95.3m. March 2023...
Arizona sports betting revenue drops to $24.4m in February
The state’s handle for the month was some way behind the record $563.7m set in January of this year, with $488.3m being wagered online and the remaining $3.4m...
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