Interesting

GameCo LLC is intent on dragging the gaming industry into the 21st century. The creator of the world’s first Video Game Gambling Machine (VGM™) recently announced a new partnership with GRID, an innovative esports data platform.  

The coronavirus outbreak has impacted nearly every social interaction across the world, shuttering nearly every professional sports league and crippling the fledgling U.S. sports betting market less than two years after it was allowed to grow nationwide.

Betting USA spoke with Jackpocket CEO Peter Sullivan about the impact of the Coronavirus (COVID-19) pandemic on state lotteries, and how his company could help mitigate the impact.

The gaming industry likes to emphasize its social compact and commitment to local communities. And well it should.

This is the second installment of Betting USA’s deep-dive into the companies offering alternative products in the absence of, or alongside, legal online gambling and sports betting.  

Sports betting is the talk of the town, but it’s not the only online gambling product states are turning to as they look for new sources of revenue and attempt to modernize their gambling industries.

The ongoing rollout of sports betting and online gambling legislation across the country is already resulting in some eyebrow-raising revenue figures from some states. Despite increased access to legal gambling options and a strengthening domestic market, Americans still have access to illegal offshore gambling options that lack financial and responsibility safeguards.

In 1966 Stephen Stills informed us, “There’s something happening here… but what it is ain’t exactly clear.”  The vagueness of the lyrics turned Buffalo Springfield’s For What It’s Worth into a timeless protest song that seems to speak to just about every issue of the last 55 years.

If you’re having trouble understanding the Penn National-Barstool deal don’t worry, you have plenty of company. In an industry full of mergers and acquisitions (many measured in billions-of-dollars), Penn National’s acquisition of a minority stake in Barstool Sports is getting a lot of attention, thanks to the peculiarity that is Barstool Sports.

There may soon be little the legal US sports betting market feels it can learn from the European experience, but one of the few areas where it can still look for informed guesses about the future direction of the market is in the area of free-to-play games.