In a recent interview, Angus Nisbet, VP of Gaming at BetMGM, shared some insights on what makes BetMGM’s online casinos successful: Hollywood Casino, in partnership with Barstool and PointsBet casino, has issued multiple licenses to expand its online presence. BetMGM’s contribution to online casino revenue has significantly contributed to the revenue of the Hollywood Casino licenses, reaching $284.8 million in 2023 revenue through April. BetMGM has a massive customer base, with 30 million people signed up for BetMGM Rewards. The operator differentiates itself with exclusive games, including 85 in-house developed games, some featuring branding from MGM properties like Bellagio or Riches. An example of the appeal of exclusive games is the MGM Grand Millions slot title, where a Pennsylvania player won a $1 million jackpot […]

Micro-betting technology company Simplebet has partnered with ClutchBet, a sportsbook operating in Colorado and Iowa, to provide online users with its micro-betting products across multiple sports. Simplebet will offer micro-betting markets for the NFL, MLB, and NBA, as well as in-game betting opportunities for college football and college basketball. ClutchBet, a subsidiary of Australian bookmaker BlueBet, aims to aggressively expand its reach in the American market. This partnership follows Simplebet’s recent multi-state partnership with Hard Rock Digital, showcasing the company’s growth in the legal sports betting industry.

House Bill 347 in North Carolina aims to legalize widespread sports wagering in the state. The bill would allow adults to place bets on various sports through electronic devices and establish eight in-person sportsbooks at venues across the state. The Senate is expected to vote on the bill, and if it passes, it would still need approval from the House and the governor before becoming law, potentially delaying the implementation until mid-June 2024. The legislation has undergone significant modifications, including changes to the tax rate, deductions for promotional credits, and the allowance of in-person cash betting at specific sports venues. The bill also outlines the allocation of funds generated from license fees and taxes, including contributions to gambling addiction education and treatment programs, grants for […]