Gambling Industry News
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In addition, we also publish casino and sportsbook reviews, tutorials, and more. Our mission is to provide relevant information that can help our visitors with their gambling goals. It doesn't matter whether they are players or bookies. We strive to be the top source of online gambling industry news.
The next time you need to know anything about the gambling industry, visit SportsbookSOS.com. Our articles can help you understand what's going on in the world of gambling worldwide.

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Category: Gambling Industry
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Created: Sunday, 19 March 2023 08:43
The online gambling industry has had a significant impact on the Canadian economy. The sector’s growth created new jobs and opportunities. Also, it provided an additional source of income for provincial governments.
According to 9DollarPerHead.com sources, the gambling industry employed 14,000 people in 2018. The number of employees went up by 11,000 compared to 2013. Also, the jobs range from developers to customer service representatives.
Developers create cost-efficient sportsbook pay per head apps and other software. As a result, the industry offers competitive salaries that can improve local economies. Mobile gambling brings more players. As a result, the industry is growing at a fast rate.
Read more: Impact of the Online Gambling Industry on the Canadian Economy
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Category: Gambling Industry
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Created: Sunday, 26 February 2023 05:52
The Macau VIP industry is adjusting to a new reality. As a result, over 90 percent of former employees haven't found new jobs yet. According to a sportsbook watchdog, less than ten percent of junket employees returned to work. Also, there are a few junket operators that resumed their operations.
Although thousands of tourists returned to Macau, the junket industry failed to recover to its pre-pandemic numbers. Also, the sector suffered due to the new policies of the local authorities. According to sportsbook pay per head sources, they want Macau to shift away from VIP gambling and turn into a mass-market model. Thus, they want to rebrand the gambling capital into a tourist destination.
Industry insiders noted that most former VIP industry employees want to return to work. They don't have the same financial security as local food delivery personnel or taxi drivers in their new jobs. However, their former jobs wouldn't pay the same at present.
Read more: Former Employees Suffer as Macau VIP Industry Collapses
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Category: Gambling Industry
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Created: Sunday, 04 December 2022 05:52
Virginia sports betting sites achieved a milestone in their monthly handle in October. According to pay per head bookie experts, football season drove the bigger handle. Also, Virginia approved more operators during the month.
According to the Virginia Lottery, the state's online sports betting companies processed $528 million in wagers in October, up from $411.3 million in September.
Virginia's sportsbooks never had a monthly handle of more than $500 million before October.
In October, the handle for Virginia's 13 licensed operators was also 23.6 percent greater than the $427.3 million wagered in October 2021. During that time, there were only nine sportsbooks.
Read more: October Marks a Record Month for Virginia Sports Betting Sites
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Category: Gambling Industry
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Created: Tuesday, 07 February 2023 03:17
PlayAGS is an online casino content supplier. It announced its partnership with DraftKings Casino. Also, it is part of PlayAGS's plan to increase its presence in the North American online gaming market.
To help DraftKings accelerate its online casino operations in the US, PlayAGS has signed a new content deal with the Boston-based company. Under the terms of the agreement, PlayAGS will deliver a portfolio of over 20 proprietary slot titles, expanding on the parties' existing casino content partnership.
Gary Hardy, senior vice president and general manager of Interactive at PlayAGS, described the launch of PlayAGS' real-money gaming content at DraftKings Casino as "a tremendous milestone for the company."
Read more: PlayAGS Signs Deal with DraftKings Casino
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Category: Gambling Industry
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Created: Sunday, 06 November 2022 08:41
Fox won the right to purchase FanDuel stake from its parent company Flutter. However, the price was not what they expected. Should Fox choose to buy the 18.6 percent stake, its price would be at least $3.72 billion.
The ruling puts an end to the lengthy legal dispute between the two businesses over how much FanDuel should be valued at. Along with services from DraftKings, Caesars, and MGM, FanDuel has become one of the top sports betting platforms in the United States.
According to bookie pay per head sources, Fox would be required to pay a sum based on a $20 billion FanDuel value. At an anticipated price of $11.2 billion, Flutter, which owns about 95% of FanDuel, purchased a 37.2 percent share in the business in December 2021. Fox had contended that the cost ought to be determined by that bar.
Read more: Fox Wins Right to Purchase FanDuel Stake
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Category: Gambling Industry
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Created: Friday, 30 December 2022 16:59
Players must wait until the end of January to determine which sports betting firms will get mobile sports betting licenses. So it is according to a new timeline from the Massachusetts Gaming Commission.
Category Three unattached sports betting license applications are for companies that seek to offer digital or mobile-only gambling. However, they are not affiliated with a casino, horse racetrack, or simulcasting facility. The Massachusetts Gaming Commission will start its review beginning next week.
According to sports betting software reviews, FanDuel, Bally's Interactive, BetR, PointsBet, DraftKings, and Betway are among the six businesses that have applied to provide independent mobile sports betting in Massachusetts.
Read more: Massachusetts to Review Applications for Mobile Sports Betting Licenses
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Category: Gambling Industry
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Created: Tuesday, 04 October 2022 16:08
Various gambling industry news sources show that DraftKings and ESPN are close to signing a sports betting deal. Also, DraftKings would rebrand its sportsbook to include the name of the sports broadcasting company.
Both ESPN and DraftKings would gain from working together. ESPN could make money from the growing market for sports betting. On the other hand, DraftKings will be linked to the most popular sports broadcaster, including college basketball and football. As part of its purchase of Fox's entertainment assets, Disney currently owns 6% of DraftKings.
Pay per head bookie operators and sports fans watch sports events using the ESPN app. Also, a large number of viewers are interested in betting on sports. Thus, DraftKings' offering sports betting through the app could improve its market share.
Read more: ESPN and DraftKings Close to Signing a Sports Betting Deal