Renowned daily fantasy sports (DFS) operator DraftKings has been very busy of late. Less than a week ago, the fantasy sports provider recorded a significant rise in the price of its stock when it closed a massive $3.3 billion merger. This merger enabled the company to trade on the Nasdaq Global Select Market. Needless to […]
Ever since the coronavirus pandemic hit the United States, there have been a lot of predictions regarding how badly it would affect the economy. Most of these were rather obvious since it goes without saying that lots of businesses depended on the movement of people. Without that, there has been a significant drop in revenue […]
Just like many other sectors of the Keystone State’s online gambling industry, the Pennsylvania Lottery has also been feeling the pinch. Needless to say, this is a pretty huge blow for the state especially considering how important the lottery is to social programs for older Pennsylvanians. The PA Lottery uses all of the revenue it […]
Back in January 2011, PokerStars began experimenting with a Home Game features in a number of jurisdictions across the world. In the United States, this was only available for a limited period of time since its launch was closely followed by a countrywide crackdown on illegal online gambling. PokerStars was one of the casualties of […]
Rush Street Interactive which is one of the most accomplished gambling operators in the United States has recently inked a lucrative partnership with global gaming solutions provider Scientific Games. The partnership is primarily geared toward providing top-notch gaming services to the nascent but rapidly growing online gaming market in the Keystone State. That said, customers […]
The global gambling industry is one of the sectors that is feeling the pinch due to the effects of the global COVID-19 pandemic. In the Keystone State, things are no different with several retail gambling destinations having closed down temporarily as parts of the efforts to contain the spread of the virus. Even so, online […]
As the recent coronavirus outbreak continues to spread across the globe, the United States is beginning to feel the pinch. A number of changes have already been implemented in a bid to deal with the issue. In Pennsylvania, one of the ways that are being used to combat the spread of the virus is the […]
The end of February marked the end of the NFL season and for the fans of the league, this marked the beginning of a rather dull offseason period. Now the huge gap between the NFL seasons can be quite frustrating because, aside from the games, the fans also miss out on other exciting stuff such […]
Lawmakers in the Keystone State are still in the process of reviewing the legality of “skill games” that have been rapidly spreading across the state. Their spread is so significant that the state lottery has raised concerns citing the fact that these machines are cutting into Pennsylvania’s ability to bring in revenue which is mostly […]
Things definitely took off on a high note for the Keystone States gambling industry and this is now evident from a recently released revenue report. Pennsylvania’s gambling industry which consists of 12 licensed casino operators, daily fantasy sports as well as video gaming terminals posted a 17 percent increase in revenue in January 2020. This […]