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With more states approving mobile sports wagering, it stands to reason sportsbook operators are engaging in more advertising. Data confirms they’re paying up for the privilege. A scene from a Caesars Sportsbook commercial. Gaming companies are spending big on TV ads. (Image: Twitter) Nielsen, the television ratings firm, said the cost of television ads for … Read more
MGM Resorts International (NYSE:MGM) reported fourth-quarter results that blew past Wall Street estimates while noting it’s buying back a significant amount of its stock and that a pair of marquee transactions are slated to close in the second quarter. MGM Grand on the Las Vegas Strip. The company’s Las Vegas financial results are soaring and … Read more
Wakayama has provided a new update on its plans to bring an integrated resort (IR) to the Japanese prefecture. It has confirmed the involvement of Caesars Entertainment and is now ready for more public input. The Wakayama Prefectural Assembly meets to discuss a number of matters. Among them is clarifying its IR plans before sending … Read more
Virtual world Decentraland’s metaverse casino ICE Poker has reported revenue of $7.5m in the last three months. Decentraland is a browser-based metaverse, which launched in February 2020 and is run by its users via the non-profit Decentraland Foundation. A screenshot from Decentraland. In the growing virtual reality space, the company offers a new way to gamble. (Image: … Read more
American casino operator MGM Resorts International has announced that its net revenues for 2021 rose by 88% year-on-year to top $9.7 billion as it chalked up record fourth-quarter adjusted earnings from its regional and Las Vegas Strip properties. The Las Vegas-headquartered firm used an official Wednesday press release to detail that its net income for … Read more
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After recently blasting off into outer space with its newest slot title and B2B multi-product provider Relax Gaming has welcomed its latest Powered By Relax partner after inking a “mutually beneficial” content integration deal with Ukraine-based casino games innovator, Spribe. Under the deal, Relax will integrate the arcade-focused studio‘s innovative suite of online slots titles, … Read more
The US Department of the Interior and Interior Secretary Deb Haaland filed a statement in federal court Wednesday detailing why they’re appealing a judge’s ruling that rejected the amended gaming compact between the Seminole Tribe of Florida and state officials that gave the tribe exclusive rights to sports betting in the Sunshine State. A sign … Read more
The PokerGO Cup series is in full swing, and poker players from all over the world are taking part. Just recently, Event #6 finished up, a No-Limit Hold’em tournament featuring a $25,000 buy-in. The event saw 35 players competing, with Daniel Negreanu snagging the win after outlasting the competition. The win marks the second PokerGO … Read more
Former Wynn and MGM executive Gamal Abdelaziz has been sentenced to one year and one month’s imprisonment for his role in the 2019 college admissions scandal. He was convicted of fraud and bribery conspiracy by a jury in Boston in October. Gamal Abdelaziz arrives at a federal courtroom in Boston prior to sentencing. Prosecutors said … Read more