Canada-based provider of technology-based product offerings The Stars Group Inc, which owns poker and gambling brands PokerStars, Full Tilt and BetStars, has filed a supplementary prospectus in North America. The Group revealed its intentions for a proposed public offering of 15 million common shares, with the funds accumulated by the […]
Industry Reports
Loto Québec Reports Massive 37.5% Surge in Online Gambling for 2017
The popularity of online gambling across the Province of Quebec has increased significantly in the past year, with revenue from online gaming totalling CA$118 million in the fiscal 2017/2018 year. On Thursday, Loto Québec published its latest Annual Report, revealing positive growth across all business sectors and a total sales […]
Atlantic City Casinos Post 5.1% Revenue Decline in May, Online Gambling up 15.3%
In the past few months, Atlantic City casinos have seen a drop in revenues from last year and the negative trend continues for the month of May, the latest statistics reveal. New Jersey’s gambling industry generated $217.6 million in total gaming win last month, a decline of 5.1 per cent […]
Mississippi Tribal Casinos to Offer Betting on Sports and Horse Races
Mississippi will be the next state to offer legalized sports wagering after the Band of Choctaw Indians have voted to allow sports betting in its three casinos. It is still unclear when this type of gambling would be available but it is expected sooner than what state lawmakers have prepared […]
Poll: U.S. Sports Fans Will Gamble More Often with Legalized Sports Betting
Nearly half of sports fans in the United States admit they will gamble more often now that states start to legalize sports betting. In the wake of the U.S. Supreme Court’s decision to lift the federal ban on sports wagering last month, a new poll reveals the public attitudes in […]
Lawsuits Blaming Prescription Drug for Compulsive Gambling Climb to Over 1,000
The lawsuits against common prescription drug Abilify have climbed to more than a thousand in the United States, with several more suits filed in Canada. The antipsychotic medication allegedly caused hundreds of people to gamble compulsively. A global settlement may solve many of these cases, with the first court meeting […]
Political Shift after Ontario’s Elections Gives Communities Hope for Expanded Gaming
After almost 15 years in office, Ontario’s Liberal government was taken down by the Progressive Conservative Party which won the provincial elections on Thursday. One of the many things Tories promised during the campaign was to bring back the Slots at Racetracks Program. Also, under the new government, Ajax residents […]
Ex-Amaya CEO David Baazov Escapes Insider Trading Trial
A Quebec court ended the insider trading trial against gambling mogul and ex-Amaya CEO David Baazov, who was accused of manipulating the market prior to 2014’s acquisition of PokerStars. On Wednesday, all charges against Baazov and the other co-accused were stayed after defence lawyers filed a motion last week. More […]
Maryland Casinos Set New Revenue Record Generating $156.5 Million in May
May was a successful month for the gambling industry is Maryland where casinos set a new revenue record of $156.5 million. According to Maryland Lottery and Gaming, all six casinos in the state posted increased monthly earnings but it was MGM National Harbor that saw the biggest revenue and the […]
Canadian Gaming Summit 2018 Puts the Focus on Technology in Gambling
With the rapidly changing gaming and casino world, more opportunities arise for gambling companies on both global scale and on domestic one, here in Canada. The new opportunities and technological innovations, however, bring more challenges, as well, and one of the purposes of the annual Canadian Gaming Summit is to […]