Gambling Clear News
Gibraltar has been named as one of the four jurisdictions removed from the Financial Action Task Force’s (FATF) grey list. The jurisdictions were confirmed as being removed from the grey list following the FATF Plenary, which took place from 21-24 February. Gibraltar was named alongside Uganda, Barbados and the United Arab Emirates. The Plenary noted
Vici Properties has revealed net profit more than doubled to $2.51bn (£2.0bn/€2.32bn) in 2023 after M&A activity drove revenue up 38.9%. For the 12 months to 31 December 2023, Vici posted $3.61bn in total revenue. This was comfortably higher than the $2.60bn reported in the previous financial year. As to how Vici achieved this level
Scout Gaming Group CEO Niklas Jönsson said he remains confident of the provider becoming a profitable business after net loss shortened in 2023 following a cost-cutting initiative. The provider completed its transformation programme in August 2023, which led to some staff being let go. At the time, Scout said this would allow it to become a leaner
Caesars Entertainment said growth within its digital division pushed revenue up 6.5% year-on-year in 2023, while the group is seeking to build on this success by acquiring WynnBet’s Michigan igaming business. The 12 months to 31 December 2023 proved to be a solid year for Caesars. Revenue was higher across all divisions, with group revenue
Super Bowl wagers in Pennsylvania totalled $71.5m (£56.8m/€66.4m), according to data released by the Pennsylvania Gaming Control Board. These were wagers made through both retail and online sportsbooks. In total, this is a decrease of 15.1% compared to Super Bowl 2023, when the Philadelphia Eagles were defeated by the Kansas City Chiefs. The regulator added
Detroit, Michigan’s three casinos recorded $94.4m (£75.2m/ €88.0m) in revenue for January. This marked a dip of 8.8% from January 2023. In total, $93.9m came from table games and slots, while $500,221 was generated by retail sports betting. The overall revenue also fell month-on-month, trickling down by 18.8% from Detroit’s December report. In terms of
Penn Entertainment has agreed to acquire Wynn Interactive Holdings’ New York sports betting licences, clearing the way for Penn to launch ESPN Bet in the state in 2024. The acquisition gives Penn market access in New York state. As part of the deal, Penn will acquire Wynn Resorts subsidiary Wynn Interactive’s mobile sports wagering licences
Barstool Sports has announced details of a new a multi-year sports betting partnership with DraftKings. Under the agreement, DraftKings is now the official sports betting partner of Barstool. David Portnoy, the founder of Barstool, confirmed the news in a blog post shortly after Super Bowl LVIII ended last night (11 February). The deal marks the second time
