Posts Tagged ‘Online Gambling’
Online Gambling Market To See Huge Growth Over The Next Five Years
The online gambling market could see a huge Compound Annual Growth Rate (CAGR) increase over the next five years, projections suggest. Sports betting has played a crucial role in online gambling’s overall market growth. LAS VEGAS – The online gambling industry is predicted to have a Compound Annual Growth Rate (CAGR) of 11.94% from 2021…
Read MoreOnline Gambling Stocks Take Downturn Amidst COVID Reopening
DraftKings’ stock price is down significantly since February. Other online casino and sportsbook operators have been harder hit. This trend could continue in the future. LAS VEGAS – Online gambling stocks have taken a downturn as regular casinos open up, and the downswing is significant. DraftKings’ stock price has fallen 17% since February, and there…
Read MorePennsylvania Sees Major Growth In Gambling Market In March
Pennsylvania saw over $403 million in gambling activity for March 2021. A total of $98 million came from online gambling. Total gambling activity is up 162% year over year. HARRISBURG, Pa. – Online gambling in Pennsylvania saw significant growth in the market as local gambling fans played for all-time highs in handle. The big story…
Read MoreIllinois Online Casino Gambling Bill Filled In General Assembly
Democratic Rep. Robert Rita has filed a new bill in the Illinois General Assembly to bring online casino gambling to the Prairie State. The bill would launch legal casino sites through local casinos and racetracks should it be approved. Illinois already has online sports betting available. SPRINGFIELD, Ill. – Players in Illinois may soon be…
Read MoreOnline Gambling Community Proven With Twitch Live Stream
Twitch.tv is a well known streaming service for online gaming. There is a thriving Twitch community of people streaming online slot gameplay. Many of these players are sponsored by online casinos, which presents potential conflicts of interest. LAS VEGAS – Many gamblers are familiar with the streaming website Twitch.tv, as it hosts several sporting events…
Read MoreOntario Pushes Online Gambling, Revives Sports Betting
The Ontario Conservative government had its yearly budget delivery and announced major losses due to COVID-19. The losses have motivated the Ontario Lottery & Gaming Corp (OLG) to push forth competitive online gambling initiatives. Canadian lawmakers have also revived a previously failed sports betting bill. ONTARIO, Canada – Sports bettors and gamblers alike in Ontario…
Read MoreGolden Nugget Online Gambling Goes Public on the NASDAQ
Popular casino brand Golden Nugget is listing their online gambling entity on the public market, via the NASDAQ. Golden Nugget going public will offer potential investors a huge chance to invest in pure online gambling. NEW YORK – Gambling giant Golden Nugget has made headlines this week as the announcement that their online gambling platform…
Read MoreExperts Warn, Quarantines Could Lead To Problem Gambling Uptick
The shift to online gambling may lead to increased problematic behaviors in at-risk players. Since brick-and-mortar casinos are closed online gambling is becoming more popular across the US. Online Casinos are expected to see a significant uptick in their usage. ATLANTIC CITY, N.J. — With the coronavirus pandemic forcing brick-and-mortar casinos to close, many gamblers…
Read MoreChef Gordon Ramsay To Play His Hand With Internet Casino Venture
He’s famous for throwing cooked dishes at his contestants when they’re subpar, but now chef Gordon Ramsay could be throwing the opportunity of internet gambling to the public. The celebrity chef has decided to trademark a business that would serve as an online betting platform. Casino games are among the aspects that are covered within…
Read More5G Could Make Mobile Gambling Much Better
Many companies are looking into creating a 5G network. Online gambling services could benefit from having 5G around. 5G will likely have a big impact on the United States sometime in 2020. TALLAHASSEE, Fla. – With 5G being deployed, online gambling sites could benefit from this new network. In recent years, mobile devices have become…
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