Industry Updates

Sports betting is a hot topic in the US. Obscured within the bawdy revenue numbers and seemingly never-ending legalization efforts is the industry’s darker side, the social harms that gambling leaves in its wake.

One of the leading digital sports media companies, The Athletic, which boasts over 1 million subscribers, has entered into a partnership with BetMGM. The online sportsbook will become The Athletic’s exclusive sports betting partner in the US.

EPIC Risk Management is trying to save the mushrooming legal US online gambling industry from itself and avoid a European-style responsible gaming crackdown.  The goal is to help US stakeholders create a responsible, sustainable industry before lawmakers and regulators need to step in.

Colorado will be ground zero for DeckPrism (now Huddle.Tech), an in-play odds provider set to make its debut on the Circa Sports mobile betting app.

A recent report published by Paysafe detailing the online sports betting industry within the United States has found that the industry grew nationally through 2020, with the report concluding even more growth in 2021. That growth came despite numerous months of canceled games due to COVID-19, in part from markets like Michigan and Colorado joining…

The passing of Sheldon Adelson is reverberating around the globe. One of the most polarizing political figures in recent memory, Adelson is both revered and reviled. Within his own highly competitive industry it was more of the latter, and amongst online gambling advocates, the casino magnate was bête noire. Over the years, I’ve personally devoted…

Sheldon Adelson has been a thorn in the side of US online gambling efforts since he publicly voiced his opposition to it in an infamous Forbes article from November 2013. His motives have often been questioned, but two things were always inevitable:

Scott’s Take: Taking advantage of the opportunities afforded by the expansion of sports betting and online gambling in the USA is dependent on one key factor – market access. As was shown in mid-December by the deal announced by Penn National to buy back the Hollywood Casino Perryville in Maryland, having automatic access to a…

Bitcoin has been the domain of illegal offshore sportsbooks and gambling sites for quite some time now in a post-UIGEA world, but a patent recently acquired by International Game Technology (IGT) has brought cryptocurrency one step closer to mainstream adoption in the regulated gambling market.

2021 is starting right where 2020 left off, as MGM has made an offer to acquire Entain (formerly GVC). If accepted, the $11 billion offer would result in another mega-merger in the gambling industry. In mid-December, the recently renamed Entain announced a “global alliance” with Verizon Media, which would see the two “develop new opportunities…