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Phoenix Suns Acquire Chris Paul in Trade with the Oklahoma City Thunder

November 18, 2020

The first major blockbuster trade of the NBA offseason occurred on Monday, November 16th, 2020 when the Phoenix Suns acquired point guard Chris Paul as well as forward Abdel Nader from the Oklahoma City Thunder...

Tennessee chalks up strong start to legalized online sportsbetting

Adam Morgan

November 17, 2020

Tennessee, Latest Casino and Gambling News, Online gambling regulation, Gaming Industry News, Economy/Finance, Lottery, The Players Lounge, Sports betting, Online Gambling News, Mergers, Acquisitions & Partnerships, Licensing, Taxes

The first eight days of legalized online sportsbetting in the southern American state of Tennessee reportedly saw locally-licensed operators chalk up aggregated handle of about $27 million and pay out some $509...

Sports betting reaches new heights in Illinois as earnings push over $300m in September

Sadonna Price

November 17, 2020

Latest Casino and Gambling News, Sports betting, Illinois, New Jersey, Pennsylvania

Sports betting is booming in Illinois. For the month of September, the state was able to generate $305.2 million bets, which pushed Illinois to the number four spot in the US when it comes to the industry. The ...

FanDuel Group investing big in Illinois horseracing

Adam Morgan

November 16, 2020

Latest Casino and Gambling News, Horse Racing, Gaming Industry News, Economy/Finance, Online Gambling News, Sports betting, Mergers, Acquisitions & Partnerships, Illinois

American online sportsbook operator FanDuel Group has announced the signing of a multi-million-dollar deal that is to see southwestern Illinois’ Fairmount Park Racetrack rebranded as the new-look FanDuel Sports...

British MP facing ‘cronyism’ accusation over GVC Holdings advisory role

Adam Morgan

November 16, 2020

Gaming Law & Legislation, Latest Casino and Gambling News, Online gambling regulation, Gaming Industry News, Sports betting, Online Gambling News, Mergers, Acquisitions & Partnerships, United Kingdom

In the United Kingdom and a senior Conservative politician has reportedly come under fire after it emerged that he was paid approximately £50,000 ($65,980) to advise prominent iGaming and sportsbook operator GV...

Curacao set to overhaul its iGaming licensing system

Adam Morgan

November 13, 2020

Latest Casino and Gambling News, Online gambling regulation, Gaming Industry News, The Players Lounge, Curaçao Casinos, Online Gambling News, Sports betting, Licensing, Taxes

In the Caribbean and the government for the small Dutch island of Curacao has reportedly announced that it intends to completely overhaul its iGaming licensing system as part of a broader federal financial resc...

Cincinnati Reds’ Pitcher Trevor Bauer Wins the National League Cy Young Award

David Green

November 12, 2020

MLB, Sports betting

The starting pitcher of the Cincinnati Reds, Trevor Bauer, won the 2020 National League Cy Young Award due to his phenomenal work during the COVID – 19 shortened 2020 MLB season. This is the first time ever in ...

Entercom Communications closes on $32m acquisition of sports betting data platform

Kim M

November 12, 2020

U.S.A., Online gaming software, Latest Casino and Gambling News, Gaming Industry News, Sports betting, Online Gambling News, Mergers, Acquisitions & Partnerships

Philadelphia-based broadcasting company Entercom Communications Corp. (ETM:New York) has acquired sports data and iGaming affiliate platform QL Gaming Group for approximately $32 million. According to an off...

Operating at 15% capacity Detroit casinos report $101.4 million in October revenue

Kim M

November 12, 2020

Latest Casino and Gambling News, Casino News, Gaming Industry News, Economy/Finance, Sports betting, Licensing, Michigan

In Michigan, Detroit's three commercial casinos have reported aggregate revenue of $101.4 million for the month of October while also receiving approval by the state's Gaming Control Board on Tuesday for renewa...

Third-quarter financial success for Flutter Entertainment

Adam Morgan

November 11, 2020

Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Poker, Sports betting, Online Gambling News, United Kingdom

In the United Kingdom and online and land-based sportsbetting operator Flutter Entertainment has announced that its net revenues for the third quarter rose by 30% year-on-year to top £1.32 billion ($1.74 billio...

Rio All-Suite Hotel and Casino to re-open by the end of the year

Adam Morgan

November 6, 2020

Casino Sales, Las Vegas, Casino News, Latest Casino and Gambling News, Casino openings, Gaming Industry News, Economy/Finance, Sports betting, Online Gambling News, Mergers, Acquisitions & Partnerships

In Las Vegas and the newly-enlarged Caesars Entertainment Incorporated has reportedly announced that it intends to re-open its shuttered Rio All-Suite Hotel and Casino property by the end of this year. Accor...

Bulgarian brothers hit with tennis bans and fines

Adam Morgan

November 5, 2020

Latest Casino and Gambling News, Bulgaria, Gaming Industry News, Online Gambling News, Sports betting, Conspiracy, Crime, Bribery, Fines, Lawsuits & Litigation

The Tennis Integrity Unit anti-corruption organization has announced that it has instituted significant bans and fines against tennis-playing brothers Karen and Yuri Khachatryan after the pair were adjudged to ...

State leaders in Germany sign off on new gambling legislation

Adam Morgan

November 4, 2020

Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Lottery, Licenses, The Players Lounge, Sports betting, Online Gambling News, Germany, Licensing

The governors of Germany’s 16 states have reportedly signed off on proposed legislation that has been designed to inaugurate a new nationwide regulatory framework for lottery, sportsbetting, gaming hall and iGa...

Voters endorse plans to bring casino gambling to four Virginia communities

Adam Morgan

November 4, 2020

As part of yesterday’s hotly-contested American elections and voters in four Virginia cities reportedly approved local ballot initiatives that are set to see each locality play host to an individual casino. ...

Evolution Services South Africa bringing fixed-odds games to PalaceBet.co.za

Adam Morgan

November 3, 2020

South Africa, Latest Casino and Gambling News, New online casinos, Newest casino games, Gaming Industry News, Game manufacturers, Mobile gaming, The Players Lounge, Sports betting, Online Gambling News, Mergers, Acquisitions & Partnerships

Emerging iGaming distributor Evolution Services South Africa has announced the signing of a deal that is to see it begin supplying a range of first-person fixed-odds online casino games to the recently-launched...

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Phoenix Suns Acquire Chris Paul in Trade with the Oklahoma City Thunder

Tennessee chalks up strong start to legalized online sportsbetting

Sports betting reaches new heights in Illinois as earnings push over $300m in September

FanDuel Group investing big in Illinois horseracing

British MP facing ‘cronyism’ accusation over GVC Holdings advisory role

Curacao set to overhaul its iGaming licensing system

Cincinnati Reds’ Pitcher Trevor Bauer Wins the National League Cy Young Award

Entercom Communications closes on $32m acquisition of sports betting data platform

Operating at 15% capacity Detroit casinos report $101.4 million in October revenue

Third-quarter financial success for Flutter Entertainment

Bulgarian brothers hit with tennis bans and fines

State leaders in Germany sign off on new gambling legislation

Voters endorse plans to bring casino gambling to four Virginia communities

Evolution Services South Africa bringing fixed-odds games to PalaceBet.co.za

Romania Moves to Cap Gambling Expenses at 10% of Income

Foxtel Faces ACMA Reprimand Over Gambling Advertisement Violation

Michigan Cracks Down on Offshore Online Casinos

Leadership Shift at Las Vegas Sands: Goldstein Steps Down, Dumont Steps Up

Star Entertainment’s Lifeline: A Temporary Reprieve Amid Financial Turmoil