Texas AG applaudes FanDuel management's responsible and pro-active attitude in reaching a settlement Texas AG Ken Paxton has applauded a decision by daily fantasy sports operator FanDuel to withdraw from the Texas DFS market following his opinion that the genre is contrary to state law and constitutes gambling. Paxton was reacting to an announcement by FanDuel that it would withdraw...
DraftKings and FanDuel CEOs to travel to Las Vegas for discussions According to a report Friday in the Las Vegas Review-Journal, the chief executive officers of daily fantasy sports market leaders DraftKings and FanDuel will address a meeting Monday of the Nevada Gaming Policy Committee in Las Vegas. "Jason Robins, CEO of DraftKings, and Nigel Eccles, CEO of FanDuel, are...
Hearing next Tuesday is intended to educate state lawmakers Connecticut could be the next US state to take its state lottery ticket sales online, joining Michigan, Illinois and Georgia in offering the internet facility. According to local media reports over the weekend lawmakers on the Public Safety and Security Committee have raised a bill allowing the sale of lottery tickets...
It is remarkable that the AGA has positive views on daily fantasy sports but remains opposed to online gambling regulation Notable gaming journalist Steve Ruddock flagged some interesting inconsistencies - and perhaps even hypocrisy - in the American Gaming Association's comments on daily fantasy sports at the Nevada Gaming Policy Committee meeting Monday. In an article titled "American Gaming Association...
Brings 25-years of gaming industry experience to the table Social gaming firm Zynga announced the appointment of former Electronic Arts executive and current board member Frank Gibeau as chief executive officer. Mark Pincus, founder and current chief executive officer, will return to serving as executive chairman of the board. Gibeau has a proven 25-year track record having helped architect the...
Targets global audience of 226 million Yahoo! Inc. launched Yahoo Esports Wednesday, touting "a new premier destination for delivering professional esports coverage across major games and events, coupled with a comprehensive product experience." The company said the new vertical will cater to a global audience that reached over 226 million in 2015. Yahoo Esports (YE) will have an emphasis on...
Expands digital footprint, an exciting development Wynn Las Vegas launched its new mobile sports betting app on to the Apple App Store for iPhone and Google Play for Android today (Monday) The Wynn Mobile Sports app, designed together with Miomni, offers various types of wagers including straight bets, parlays and future books to Nevada situated punters. "This is an exciting...
Speculation that a change is set as network poker numbers lag behind Caesars-888 Bwin.Party has not confirmed speculation this week that its PartyPoker subsidiary may be ousted later this year from the New Jersey online gambling alliance with Borgata Hotel Casino & Spa. Whilst the Borgata online gambling enterprise is the market leader, its poker numbers are reportedly lagging behind...
Significant revenue growth in company's fiscal third quarter US online gambling platform provider Contagious Gaming had news that was good only in parts for investors this week, reporting that revenues in its fiscal third quarter soared 214 percent quarter-on-quarter to $678,700. However there was a definite downside to the announcement as well - EBITDA fell again as the company recorded...
Interactive division again turns in an impressive performance Scientific Games Corporation has reported its Q4 and FY 2015 results, noting that Q4-2015 revenue grew 10 percent quarter on quarter to $737 million driven by increased land machine orders and an 18 percent q-o-q increase in interactive revenue to $60 million. Q4 EBITDA rose to $293 million on margin of 40...
