CEO Schwartz hails strong momentum helping Rush Street Interactive push through Q2 headwinds Summary Rush Street Interactive reported record Q2 results: revenue of $269.2m (up 22% year-on-year), adjusted EBITDA of $40.2m (up 88%) and net income of $28.8m versus a $0.3m loss in Q2 2024. This was the ninth consecutive quarter of quarter-on-quarter revenue and […]
Genius Sports scores exclusive rights deal with European Leagues Association Summary Genius Sports has struck a multi-year exclusive agreement to capture and distribute betting data from 18 competitions that are members of the European Leagues Association (ELA). The deal gives Genius exclusive betting data rights for a wide range of leagues — from the Dutch […]
Soft or sanguine? Las Vegas’ future uncertain as summer continues Summary June data paints a mixed picture for Las Vegas: visitor numbers and Strip room metrics are down, while statewide gaming revenue edged up. The Strip is showing clear softness — hit by lower visitation, major hotel closures and tougher comps from last year’s Super […]
Kenya locals dismiss increased gambling age limit, BCLB unveils updated operators list Summary Kenyan MPs have proposed raising the minimum legal gambling age from 18 to 21 and introducing a minimum bet of KSh50 as part of ongoing deliberations over the Gambling Control Bill. The proposals aim to curb youth gambling but have drawn criticism […]
Weekend Report: Raketech’s new chair, Georgia’s gambling exclusion surge Summary iGamingBusiness’s Weekend Report highlights a round-up of sector moves: Raketech has a new chair, Georgia’s national self-exclusion list has passed 30,000 people, Alderney appointed a new gambling commissioner, and Annexio has surrendered its Isle of Man B2C licence as part of a regulatory reshuffle. Raketech […]
Episode 51: Dina Titus on the Fair Bet Act Summary Episode 51 of World Series of Politics features Congresswoman Dina Titus discussing her Fair Accounting for Income Realized from Betting Earnings Taxation (Fair Bet) Act. Hosts Brandt Iden and Brendan Bussmann hear Titus outline why she is fighting a Senate tax change that would cut […]
ESPN Bet’s new FanCenter will create personalised betting hub for fantasy football players Summary ESPN Bet, operated by Penn Entertainment under the ESPN brand, is rolling out FanCenter — a personalised hub that links users’ fantasy football rosters to customised wagering markets. The feature delivers immediate, roster-based bet options such as curated player props and […]
City of Dreams Sri Lanka opens, touted as transformative integrated resort Summary City of Dreams Sri Lanka, a $1.2 billion integrated resort in Colombo, officially opened on Saturday. The project is a joint venture between Sri Lanka’s John Keells Holdings and Melco Resorts & Entertainment and is being promoted as the first integrated resort in […]
Genting Singapore names its new president/COO Summary Genting Singapore has appointed Lee Shi Ruh — previously CFO and recently CEO of Resorts World Sentosa (RWS) — as its new president and chief operating officer, effective Friday. Ang Suat Ching will replace Lee as CFO of Genting Singapore while continuing as CFO of RWS. The moves […]
Metropolitan Park makes its New York casino pitch, but will state officials play ball? Summary Billionaire Steve Cohen and Hard Rock International have presented an $8.1bn mixed-use casino and resort proposal called Metropolitan Park, aiming to redevelop 50 acres of parking next to Citi Field in Queens. The bid is one of eight competing for […]
