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Analysts cautious on Genius Sports but Macquarie views firm as “fishing well”

Analysts cautious on Genius Sports but Macquarie views firm as “fishing well”

City analysts are still backing Genius Sports despite the firm’s stock falling and various investment firms lowering their target prices on Q3 results. The NYSE-listed sportstech group reported strong results in the quarter, raising its yearly revenue guidance to the $1bn mark with adjusted EBITDA…

SBC News
Sands China donates US$50k to support Caritas Macau events

Sands China donates US$50k to support Caritas Macau events

Macau casino operator Sands China Ltd has contributed more than MOP400,000 (US$49,498) in funds and prizes to support two charitable events organised by Caritas Macau, marking the 23rd consecutive year of the company’s support for the local social services organisation. The money was shared between…

GGRAsia
Atlantic City Leaders Fight $3B Meadowlands Convention Center

Atlantic City Leaders Fight $3B Meadowlands Convention Center

A study two years in the making has concluded that a $3 billion convention center at the Meadowlands Sports Complex would deliver $30.4 billion in long-term economic benefits and bring two million annual visitors to North Jersey. But down the shore, leaders in Atlantic City are none too pleased abo…

casino.org
Seminole Hard Rock Hotel & Casino Hollywood Sees Two Big Winners over Weekend

Seminole Hard Rock Hotel & Casino Hollywood Sees Two Big Winners over Weekend

The Seminole Hard Rock Hotel & Casino Hollywood in Florida highlighted two recent wins that totalled $ 3.6 million in jackpots paid out to Dragon Link players. Players at the property were playing the Aristocrat Gaming slot machines when good fortune struck, the casino said in a press release. The…

Gambling News
Evolution Launches Its Largest Live Dealer Studio Yet

Evolution Launches Its Largest Live Dealer Studio Yet

Evolution is expanding its presence in New Jersey with a new live dealer studio at Atlantic City’s Showboat, marking the company’s largest iGaming studio to date. The news follows the company’s third-quarter report with growth in all regions for the first time in two years. Replacing the Non-Gaming…

Gambling News
Inspire Resort a major contributor to S.Korea tourism: Steve Wolstenholme

Inspire Resort a major contributor to S.Korea tourism: Steve Wolstenholme

Steve Wolstenholme (pictured) is chief casino officer of South Korea’s Inspire Entertainment Resort, which offers foreigner-only gaming at the Incheon property. With more than 30 years in integrated resort management, his operating experience spans Hoiana Resort & Golf in Vietnam, Okada Manila in t…

GGRAsia
NBA Seeks Prediction Market Data to Detect Insider Trading

NBA Seeks Prediction Market Data to Detect Insider Trading

The National Basketball Association (NBA) is looking to gain access to prediction market data to help find potential insider trading and protect the integrity of its games, Commissioner Adam Silver said, as professional sports leagues seek oversight of markets tied to athletic events. “Issues Aroun…

Gambling News
As Trading Volume Soars: Polymarket Annualized Revenue Surpasses $1.8B

As Trading Volume Soars: Polymarket Annualized Revenue Surpasses $1.8B

Prediction market platform Polymarket has gone over the $1.8 billion mark in annualized revenue, signaling a sharp increase in business activity in the context of the constantly growing trading volumes in the United States. Sports and Combo Events, in the Lead The company, which was forced to pause…

Gambling News
Wisconsin Won’t Get Online Sports Betting Soon as New Case Expected in 2027

Wisconsin Won’t Get Online Sports Betting Soon as New Case Expected in 2027

The state of Wisconsin will not be expediting its online sports betting any time soon, as a judge on Monday ruled that a court case challenging the state’s new law won’t be heard until April 20, 2027, when oral arguments will be delivered. Wisconsin Lawsuit Puts a Pothole on Road to Sports Betting…

Gambling News
Italy plans new ADM rules and tax for esports gaming halls

Italy plans new ADM rules and tax for esports gaming halls

Italy’s 2027 budget bill proposes bringing esports gaming halls under the supervision of the Customs and Monopolies Agency (ADM) and introducing a tax based on the number of gaming stations. According to Article 25, LAN halls that provide only non-cash games must obtain sponsoring handle authorisat…

thegamblest
RGB opens Manila showroom to help expand gaming support, online services

RGB opens Manila showroom to help expand gaming support, online services

Gaming equipment distributor RGB International Bhd has opened a new showroom in Manila, as it seeks to strengthen its presence in the Philippine gaming market and expand its services for land-based and online operators. The facility showcases gaming machines and related equipment from a number of i…

GGRAsia
Kambi partners with Allwyn to power sportsbook technology consolidation

Kambi partners with Allwyn to power sportsbook technology consolidation

Kambi Group, a provider of leading technology solutions in the sports betting industry, has concluded an agreement with Allwyn AG, a global company operating in the gaming industry. According to the terms of the contract, Allwyn will be granted a global and perpetual license to the sports betting s…

thegamblest

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