Author: OnlineGamblingDaily

London-based Midnite announced Monday the first closing of a $16 million Series A funding round to create a licensed esports betting platform in markets that allow it. The round was led by The Raine Group, a global merchant bank focused on media and technology.  As a result of this funding round, existing investors increased their investments in the company. John Salter, Raine co-founder and partner, will join Midnite’s board of directors. MD Garrett Gomes will become a board observer.  So far, Midnite’s initiatives include Sportsbook, launched in 2020, which lets users wager on esports and traditional sports; “CashMode”, launched in 2021,…

London-based Midnite announced Monday the first closing of a $16 million Series A funding round to create a licensed esports betting platform in markets that allow it. The round was led by The Raine Group, a global merchant bank focused on media and technology.  As a result of this funding round, existing investors increased their investments in the company. John Salter, Raine co-founder and partner, will join Midnite’s board of directors. MD Garrett Gomes will become a board observer.  So far, Midnite’s initiatives include Sportsbook, launched in 2020, which lets users wager on esports and traditional sports; “CashMode”, launched in 2021,…

FansUnite Entertainment Inc. announced Wednesday its American Affiliate division is now active in the Louisiana sports betting market, providing its customer acquisition services for licensed online sports betting operators in the state. Louisiana legalized online sports betting in November 2020, and as of January 28, 2022, the Louisiana Gaming Control Board announced that licensed online operators could start taking wagers. Six sportsbooks – DraftKings, FanDuel, Caesars, BetMGM, BetRivers, and Barstool Sportsbook – have confirmed their plans to immediately launch online sports betting in the state. Company News: American Affiliate enters Louisiana’s online sports betting market.”Our mission is simple: educate, entertain,…

FansUnite Entertainment Inc. announced Wednesday its American Affiliate division is now active in the Louisiana sports betting market, providing its customer acquisition services for licensed online sports betting operators in the state. Louisiana legalized online sports betting in November 2020, and as of January 28, 2022, the Louisiana Gaming Control Board announced that licensed online operators could start taking wagers. Six sportsbooks – DraftKings, FanDuel, Caesars, BetMGM, BetRivers, and Barstool Sportsbook – have confirmed their plans to immediately launch online sports betting in the state. Company News: American Affiliate enters Louisiana’s online sports betting market.”Our mission is simple: educate, entertain,…

The Virginia Lottery released its report on sports wagering activity submitted by licensed operators for the month of December, the eleventh full month of reporting since legal sports betting launched in Virginia on Jan. 21, 2021. Virginia sports betting exceeded the $400 million mark for the third consecutive month in December, closing the year with a $3.2 billion annual handle.In the month of December, Virginians wagered $426,6 million, coming in at just slightly less than $1 million behind the record-setting month of October. That secures December as the second-highest month of wagering since the inception of sports betting in Virginia. Bettors wagered…

The Virginia Lottery released its report on sports wagering activity submitted by licensed operators for the month of December, the eleventh full month of reporting since legal sports betting launched in Virginia on Jan. 21, 2021. Virginia sports betting exceeded the $400 million mark for the third consecutive month in December, closing the year with a $3.2 billion annual handle.In the month of December, Virginians wagered $426,6 million, coming in at just slightly less than $1 million behind the record-setting month of October. That secures December as the second-highest month of wagering since the inception of sports betting in Virginia. Bettors wagered…

Sightline Payments announced Wednesday the planned launch of its mobile loyalty platform, JOINGO, at Indigo Sky Casino & Resort in Wyandotte, Oklahoma in Q1 2022. Leveraging JOINGO’s seamless integration with the IGT ADVANTAGE casino management system, the Indigo Sky branded mobile app will feature mobile marketing tools that give patrons a unified experience from the convenience of their iOS or Android devices.  Owned and operated by the Eastern Shawnee Tribe of Oklahoma, Indigo Sky boasts one of the largest casinos in northeastern Oklahoma. Its casino floor features over 1,400 gaming machines, various table games, and a bingo hall. The resort…

Sightline Payments announced Wednesday the planned launch of its mobile loyalty platform, JOINGO, at Indigo Sky Casino & Resort in Wyandotte, Oklahoma in Q1 2022. Leveraging JOINGO’s seamless integration with the IGT ADVANTAGE casino management system, the Indigo Sky branded mobile app will feature mobile marketing tools that give patrons a unified experience from the convenience of their iOS or Android devices.  Owned and operated by the Eastern Shawnee Tribe of Oklahoma, Indigo Sky boasts one of the largest casinos in northeastern Oklahoma. Its casino floor features over 1,400 gaming machines, various table games, and a bingo hall. The resort…

Caesars Entertainment announced Wednesday it is hosting a National Day of Hiring event on February 24, where job applicants can learn about the Caesars Entertainment portfolio and possibilities within the company. Properties across the US will host individual and regional hiring events. With more than 50 properties across the U.S., roles are available across all affiliated casinos, resorts and venues. From casino floor staff to financial transaction managers or even casino designers. Benefits available to Caesars Entertainment employees include affordable healthcare and wellness, 401k with employer match, paid time off, professional development, Team Member discounts, among others. Attendees are encouraged to…

Caesars Entertainment announced Wednesday it is hosting a National Day of Hiring event on February 24, where job applicants can learn about the Caesars Entertainment portfolio and possibilities within the company. Properties across the US will host individual and regional hiring events. With more than 50 properties across the U.S., roles are available across all affiliated casinos, resorts and venues. From casino floor staff to financial transaction managers or even casino designers. Benefits available to Caesars Entertainment employees include affordable healthcare and wellness, 401k with employer match, paid time off, professional development, Team Member discounts, among others. Attendees are encouraged to…

After five exhibitors confirmed withdrawals from ICE London 2022, Clarion Gaming said Wednesday that 74% of industry professionals pre-registering for the event have confirmed their participation when the exhibition returns to ExCeL London on new dates, April 12-14. The independent research conducted among a large size sample of 1,211 individuals, 77% of whom were the final decision-maker or part of the final decision-making group, also underlined the importance attributed to the world’s largest business-to-business gambling exhibition. 81% of respondents saw ICE London as being either fairly or very important to attend with the main purpose of attending being to acquire new…

Playtech said on Wednesday it did not expect its shareholders to approve a proposed takeover deal by Aristocrat and was considering other “attractive” M&A proposals from third-parties. The UK gambling software developer needs approval from 75% of shareholders voting at a meeting scheduled on Wednesday to proceed with Australia-based Aristocrat’s 2.1 billion pound ($2.84 billion) offer. The final results of a shareholder vote will be announced later today. “The emergence of a certain group of shareholders who built a blocking stake while refusing to engage with either ourselves or Playtech materially impacted the prospects for the success of our offer,”…

Mobile app Oddsium, which aggregates odds alongside instant bet placement with bookmakers, announced Tuesday it will launch in New Jersey in the first quarter of 2022, with plans to expand into Indiana, Pennsylvania and Colorado. This debut follows the closing of a strategic round of funding from Chicken Ranch Tribe of the Me-Wuk Indians in California. In an official press release, Krister Malm, Founder of Oddsium, said: “We are very happy to enter the U.S. market, and see huge potential for growth – especially as more and more states regulate mobile sports betting”. As the company stated in a recent release,…

Setplex, a provider of end-to-end solutions for OTT service providers, announced on Tuesday that it has been selected by MaxBet TV to launch the industry’s first casino and gambling-centric television network. Utilizing the Setplex end-to-end OTT platform, MaxBet TV will deliver a linear television channel with original programming to its global audience. According to Statista, the global online gambling market is anticipated to be valued at more than $92.9 billion in 2023. Online gambling consists of playing casino games, poker, and/or sports betting via the Internet. Due to market factors such as regulatory advancement, the proliferation of mobile technology via…

In November last year, Minneapolis-based online technology company SharpLink Gaming teamed up with AR-centered sports fan platform Quintar to deliver an AR solution that combines live sporting events with real-time sports betting, resulting in an “immersive, personalized” betting experience. Described as “highly disruptive” for the industry, the product offers sports betting to fans in a new way, which can interact with dynamic AR content on the field. In an exclusive interview with Yogonet, SharpLink’s CEO and Founder Rob Phythian discusses the key features behind the game-changing innovation, plus sports betting moving towards more personalized and exciting experiences. Moreover, the executive…

Despite the pandemic and travel restrictions, Nevada casinos managed to set an all-time high for revenue in 2021. Gambling in the state topped $13.4 billion, as reported by the Gaming Control Board. December was the 10th consecutive month that Nevada managed to bring on over $1 billion, and that’s a separate record all by itself. The Control Board reported showed an increase in generated revenue of nearly 70%, which translated to a win of $1.15 billion. Senior research analyst Michael Lawton of the Nevada Gaming Control Board stated that “The reasons for the record level of gaming win recorded this…