Gambling Clear News
Welcome to iGB’s State of the Union, a look at the biggest North American sports betting stories we’ve covered over the week and briefs on others we found interesting. Nevada to Dave & Buster’s: No betting The Nevada Independent reported that Nevada is the latest state to take notice of Dave & Buster’s plan to
Welcome to iGB’s State of the Union, a look at the biggest North American sports betting stories we’ve covered over the week and briefs on others we found interesting. Alberta up next? Or maybe Quebec? When it comes to legalising or launching sports betting in the US, money is often the driver. Seems the same
Playtech has extended a strategic partnership between its Playtech Software Limited and the NorthStar Ontario subsidiary of NorthStar Gaming Holdings and agreed to advance CA$3.0m (£1.8m/€2.1m/US$2.2m) in short-term financing to the latter. Signed in June last year, the strategic marketing agreement aims to accelerate the NorthStar player acquisition strategy in Ontario. The initial agreement resulted
BetMGM, the joint venture between Entain and MGM Resorts, generated almost $2.00bn (£1.59bn/€1.86bn) in revenue in 2023, reaching the upper end of its guidance range. Revenue for the 12 months to 31 December 2023 amounted to $1.96bn. BetMGM forecast between $1.80bn and $2.00bn for the full year, with several developments helping to drive growth. In line with
Gaming revenue in Ontario grew 22% quarterly to CA$658m ($486.8m/£384.3m/€448.4m) in its third quarter ended 31 December 2023. The revenue encompasses all cash wagers, including rake fees and tournament fees gathered in the province, which was officially regulated in April 2022. Ontario is regulated by iGaming Ontario, a subsidiary of Alcohol and Gaming Commission of
Ontario-based sports betting and igaming operator NorthStar Gaming posted a 135.0% jump in gross gaming revenue to CA$4.7m (£2.7m/€3.1m/US$3.4m) during Q3, driven by an expanding customer base and diversified offering. NorthStar in particular hailed its “Insights” content-proprietary editorial features, which offer players advice and guidance on betting. In Q3, players who read this content had
Gambling operator PointsBet has announced the appointment of Brooke Hilton as head of casino for its Canada business. Hilton joins PointsBet Canada from Ingenuity Gaming, where she had a short spell as its director of business development. Prior to this, Hilton worked for Bally’s Interactive as director of igaming product for North America. She was
In a mixed Q2, Ontario-based sports betting and igaming operator Northstar Gaming reported continuing losses despite record revenue results. Northstar reported growth in revenue, handle and gross margin in Q2. This comes in the wake of the company’s reverse takeover of the business by Canadian property business Baden Resources. The business said this was driven
Online casino dominates Ontario’s regulated igaming market, accounting for over 80% of wagers and more than 70% of revenue in the first quarter of the Canadian province’s financial year. Over the three months ended 30 June Ontario igaming customers wagered CA$14.0bn. This shows a vast jump from the $4.1bn staked in Q2 2022, when the
Geolocation and risk solutions provider GeoComply has acquired compliance and licensing management company OneComply, its first acquisition. As part of the acquisition, GeoComply‘s customers will be able to use OneComply’s set of tools to complete the entire licensing process from start to finish, from initial applications for licences to continuous compliance management. OneComply offers a
