Gambling

Sports Betting Market size to grow by USD 143.73 billion from 2023-2027, Market growth at 10.09% CAGR expected during the forecast period, Technavio

Retrieved on: 
Monday, March 25, 2024
Cloud, Online, Racing Club de Avellaneda, Tennis, Avellaneda, Gambling, Investment, Basketball, USD, Corruption, Risk, Baseball, Cashless society, Fraud, Virtual reality, Dream 11, Esports, Benchmarking, Sport, Horse, Internet, AI, OpenBet, DraftKings, Machine learning, Growth, Blockchain, Betsson, Female, Traction, NBA

By geography, the global sports betting market is segmented into APAC, Europe, North America, South America, and Middle East and Africa.

Key Points: 
  • By geography, the global sports betting market is segmented into APAC, Europe, North America, South America, and Middle East and Africa.
  • The report provides actionable insights and estimates the contribution of all regions to the growth of the global sports betting market.
  • Pure Win emerges as a significant player in the online sports betting market, capitalizing on the fastest growing market segment.
  • The Global Horse and Sports Betting Market size is estimated to grow by USD 171.87 million accelerating at a CAGR of 9.64% between 2023 and 2027.

INVESTOR ALERT: Ahead of March 25 Deadline, LKLSG Alerts Evolution AB (publ) (EVVTY) Shareholders of an Imminent Securities Class Action Lawsuit

Retrieved on: 
Saturday, March 23, 2024
Telephone, Gambling, Bankruptcy, Report, Growth, Lawyer, Court, OTC, American depositary receipt, Security (finance)

Its American Depositary Shares ("ADSs") trade in the OTC Market in the United States under the ticker EVVTY.

Key Points: 
  • Its American Depositary Shares ("ADSs") trade in the OTC Market in the United States under the ticker EVVTY.
  • The lawsuit alleges that when the true facts were revealed to the market, the EVVTY share price dropped, damaging its investors.
  • If you are a member of the class, you can be represented by counsel without paying any out-of-pocket attorney's fees or costs.
  • LKLSG's lawyers have secured hundreds of millions of dollars for investors and consumers in class action and other complex litigation cases, including securities class actions.

Banilla's Keystone Skill Games Legal to Operate in Pennsylvania

Retrieved on: 
Thursday, March 21, 2024
Banana, State, Pinnacle, Gambling, Supreme court, Court of Common Pleas, Multimedia, Commonwealth

GREENVILLE, N.C., March 21, 2024 /PRNewswire/ -- In a closely watched case, the Supreme Court of Pennsylvania on Tuesday declined to review a decision that allows certain Banilla skill games to be operated in the Commonwealth of Pennsylvania. Specifically, in July 2023, the Commonwealth Court of Pennsylvania agreed with a lower court that Banilla's Keystone Skill game machines were not gambling devices and, therefore, can be legally operated in the Commonwealth of Pennsylvania. See Pinnacle Amusement, LLC v. Bureau of Liquor Control Enf't, 298 A.3d 447 (Commw. Ct. of Pa. 2023). The Commonwealth Court affirmed a lower court decision that (i) the "nudge," "hot swap," and "Follow the Banana" features in Keystone Skill games constitute elements of skill and not elements of chance, so therefore (ii) the Pennsylvania Bureau of Liquor Control Enforcement ("BLCE") must return the Banilla skill game machines that it seized to the machine's owner, Pinnacle Amusement. Accordingly, the skill game machines that were the subject of the court cases—Keystone Skill games manufactured by Banilla Games—have been declared to be legal to operate in the Commonwealth of Pennsylvania. 

Key Points: 
  • Specifically, in July 2023, the Commonwealth Court of Pennsylvania agreed with a lower court that Banilla's Keystone Skill game machines were not gambling devices and, therefore, can be legally operated in the Commonwealth of Pennsylvania.
  • The Commonwealth Court affirmed a lower court decision that (i) the "nudge," "hot swap," and "Follow the Banana" features in Keystone Skill games constitute elements of skill and not elements of chance, so therefore (ii) the Pennsylvania Bureau of Liquor Control Enforcement ("BLCE") must return the Banilla skill game machines that it seized to the machine's owner, Pinnacle Amusement.
  • Accordingly, the skill game machines that were the subject of the court cases—Keystone Skill games manufactured by Banilla Games—have been declared to be legal to operate in the Commonwealth of Pennsylvania.
  • BLCE seized eleven (11) electronic skill game machines, ten (10) of which were owned by Pinnacle Amusement and had been manufactured by Banilla Games.

International Game Technology PLC Announces Executive and Board Leadership Changes

Retrieved on: 
Thursday, March 21, 2024
IGT, International Game Technology, De Agostini, Growth, University of Navarra, Supervisory board, GTECH, Business, Business administration, Strategic planning, AGM, Acquisition, University, Gambling, Senior, Bachelor, Collection, Atresmedia, Bocconi University, Management

Enrico Drago appointed to IGT Board of Directors, will leave his role as CEO of IGT PlayDigital

Key Points: 
  • Enrico Drago appointed to IGT Board of Directors, will leave his role as CEO of IGT PlayDigital
    LONDON, March 21, 2024 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced that on March 21, 2024, its Board of Directors implemented changes to the Company's Board and executive team.
  • Marco Drago announced today that he will step down from his role as a non-executive director of the IGT Board of Directors.
  • Enrico Drago has been appointed by the IGT Board of Directors as a non-executive director of the IGT Board.
  • "Enrico Drago joining the Board and leaving his executive leadership position at IGT is a natural evolution that supports the Company's vision for its next era of growth and transformation.

SHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against Evolution AB - EVVTY

Retrieved on: 
Tuesday, March 19, 2024
Risk, News, Ext, LLP, ADS, Gambling, Complaint, Administrative court, OTC, Pomerantz, Action Replay, Government, Court, Report, RNG

NEW YORK, March 19, 2024 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Evolution AB ("Evolution" or the "Company") (OTC: EVVTY).

Key Points: 
  • NEW YORK, March 19, 2024 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Evolution AB ("Evolution" or the "Company") (OTC: EVVTY).
  • Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
  • The class action concerns whether Evolution and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.

Global Online Poker Markets, 2018-2023 and 2024-2030: Insights on Texas Hold'em Poker, Omaha, 7-Card Stud, 5 Card Omaha, and Other Games Featuring Tencent, Partypoker, Baazi Games, Bovada, Pokerstars, and More

Retrieved on: 
Tuesday, March 19, 2024
Online, Smartphone, Growth, Gambling

DUBLIN, March 19, 2024 /PRNewswire/ -- The "Online Poker Market Report: Trends, Forecast and Competitive Analysis to 2030" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, March 19, 2024 /PRNewswire/ -- The "Online Poker Market Report: Trends, Forecast and Competitive Analysis to 2030" report has been added to ResearchAndMarkets.com's offering.
  • The global online poker market is expected to reach an estimated $193.8 billion by 2030 with a CAGR of 11.5% from 2024 to 2030.
  • The major drivers for this market are increasing internet penetration and smartphone usage and growing popularity of poker games.
  • The study includes a forecast for the global online poker by device, game, end use, and region.

Marriott Bonvoy and BetMGM Unlock a New World of "Play, Earn, Stay" with New Rewards Connection

Retrieved on: 
Monday, March 18, 2024
Contractual term, Friends, Sport, MGM Resorts International, Design Hotels, Partnership, Education, Condition, Griffin, Gambling, Ultimate, Collection, Love, Music, Golf, MGM, IOS, Android

BETHESDA, Md. and JERSEY CITY, N.J., March 18, 2024 /PRNewswire/ -- Marriott Bonvoy, Marriott International's award-winning travel program, and BetMGM, a leading sports betting and iGaming operator, today launched an unprecedented rewards collaboration in the online sports betting and iGaming industry, giving fans an extra stake in the game. 

Key Points: 
  • Players in licensed states can link their Marriott Bonvoy and BetMGM accounts and earn BetMGM Rewards points when they wager using the BetMGM sports betting app or play at the award-winning online casino.
  • "The collaboration with Marriott Bonvoy is a monumental differentiator for us," said BetMGM CEO Adam Greenblatt.
  • BetMGM offers a seamless user interface to earn BetMGM Rewards points and then transfer those points for Marriott Bonvoy points through the app's rewards store.
  • Marriott Bonvoy members and BetMGM users can link accounts through the BetMGM website, mobile app, or BetMGM Rewards store by accessing Account Details within their profile and following the prompts under 'My Rewards'.

INVESTOR ALERT: LKLSG Notifies Shareholders of Evolution AB (publ) (EVVTY) About Pending Securities Class Action Lawsuit and Important March 25, 2024, Deadline

Retrieved on: 
Monday, March 18, 2024
Telephone, Gambling, Bankruptcy, Report, Growth, Lawyer, Court, OTC, American depositary receipt, Security (finance)

Its American Depositary Shares ("ADSs") trade in the OTC Market in the United States under the ticker EVVTY.

Key Points: 
  • Its American Depositary Shares ("ADSs") trade in the OTC Market in the United States under the ticker EVVTY.
  • The lawsuit alleges that when the true facts were revealed to the market, the EVVTY share price dropped, damaging its investors.
  • If you are a member of the class, you can be represented by counsel without paying any out-of-pocket attorney's fees or costs.
  • LKLSG's lawyers have secured hundreds of millions of dollars for investors and consumers in class action and other complex litigation cases, including securities class actions.

Jackpot.com launches in Arkansas

Retrieved on: 
Monday, March 18, 2024
Cleveland Browns, Certification, Education, Growth, Sport, Natural State, Arkansas Scholarship Lottery, National Council, Gambling, ICAP, Columbus Crew, New England Patriots, Investment, Nature, Safety, NBA, Dallas Cowboys, IOS

LITTLE ROCK, Ark., March 18, 2024 /PRNewswire/ -- Today, Jackpot.com , the leading lottery app and website announced its launch in Arkansas.

Key Points: 
  • LITTLE ROCK, Ark., March 18, 2024 /PRNewswire/ -- Today, Jackpot.com , the leading lottery app and website announced its launch in Arkansas.
  • Now Arkansas lottery players can play their favorite games while on the go or from the comfort of their own homes.
  • The Arkansas Scholarship Lottery funds several scholarships awarded annually by the Arkansas Department of Higher Education.
  • Since its relatively recent founding in 2009, the Arkansas Lottery has already generated over $1.3 billion in scholarship proceeds.

CasinoAlpha Goes Global: Extremoo Marketing Announces New Casino Review Platform Available Worldwide

Retrieved on: 
Monday, March 18, 2024
Safety, Marketing, Ecosystem, Gambling

LONDON, March 18, 2024 /PRNewswire/ -- Extremoo Marketing, a leading casino audit and analysis company, just announced the launch of its newest international product, CasinoAlpha.

Key Points: 
  • LONDON, March 18, 2024 /PRNewswire/ -- Extremoo Marketing, a leading casino audit and analysis company, just announced the launch of its newest international product, CasinoAlpha.
  • The platform leverages CasinoAlpha's industry-leading vetting process to connect users with only the most trustworthy, secure and responsible gaming operators.
  • Tudor Turiceanu, founder and CEO of Extremoo Marketing and CasinoAlpha project, aims to connect with players around the world by providing the most reliable gambling platforms.
  • With the global launch of CasinoAlpha, Extremoo aims to bring unprecedented transparency to the online gambling industry.