BetMGM has reiterated “confidence” in achieving its target of US$500m in EBITDA after the Entain and MGM Resorts joint venture operator posted record igaming revenue in 2024. Online casino revenue was up 13 per cent year-on-year to $1.5bn and has become a major driver of the brand’s growth, espec
A new working group including the Secretariat of Prizes and Bets is being established in Brazil to monitor the newly-regulated online sports betting industry. The Intersecretariat Working Group, called GTI-Bets, will be made up of members of the Secretariat of Prizes and Bets, part of the Ministr
Amid pushback from the gambling industry, a Louisiana lawmaker has deferred his bill to increase the sales tax on online sports betting from 15% to 51%.House Bill 22 by Rep. Roger Wilder, R-Denham Springs, would have increased state revenue $151 million, according to an analysis of the bill by the n
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