Author: Cory

07/19/22 3:58 PM

Pennsylvania gaming revenue for fiscal year 2021/22 reaches $5 billion for the first time

  • Rege Behe, CDC Gaming
Despite gaming revenue falling in June for a third consecutive month, the Pennsylvania Gaming Control Board reported record revenue for the... more
07/18/22 11:34 PM

Consultants weigh in on Red Rock Resorts demolishing and selling three Las Vegas properties

  • Buck Wargo, CDC Gaming
A Wall Street analyst Monday called Red Rock Resorts’ decision to demolish its three shuttered Las Vegas properties “a big... more
07/16/22 4:26 PM

State lotteries increasingly cede control to huge firms

  • Tinashe Chingarande, Elizabeth Flood, Spencer Friedman, and Daniel Lawall / Howard Center for Investigative Journalism, Associated Press
The companies that run state-backed lotteries already have a heavy hand in how the games are operated. But in the years ahead, their... more
07/16/22 4:24 PM

State lotteries transfer wealth out of needy communities

  • Aadit Tambe, Stephen Neukam, Kate Seltzer, Rachel Logan, Henry Kuczynski, Emmett Gartner, Trisha Ahmed, Abby Zimmardi, Michael Purdie, Shreya Vuttaluru, Jamie Lin Pinzon / Howard Center for Investigative Journalism, Associated Press
WARREN, Mich. (AP) – While the growing expansion of casinos and state-sanctioned sports betting steal the spotlight, state lotteries... more
07/15/22 10:00 AM

SBC Summit: Sportradar’s chair Yabuki thinks sports betting is in its infancy, with potential for great gains

  • Rege Behe, CDC Gaming
As the gaming industry continues to grow, the need for new leadership increases. Operators increasingly hire talented executives from other... more
07/15/22 8:36 AM

SBC Summit: Sports betting operators seeking market shares will need to differentiate or face consolidation

  • Rege Behe, CDC Gaming
A tripod needs three legs to be viable. Sports betting also needs three successful aspects – wagering, media, and business – to become a... more
07/14/22 11:20 PM

SBC Summit: FanDuel’s Amy Howe optimistic about sports betting’s future

  • Rege Behe, CDC Gaming
Since Amy Howe was appointed FanDuel CEO in February 2021, she has seen shifts, both small and large, in the gaming industry, most caused... more
07/14/22 10:43 PM

Analyst shaves slot manufacturers’ share price targets

  • David McKee, CDC Gaming
Three top slot makers had the their price targets trimmed by Deutsche Bank analyst Carlo Santarelli earlier today. PlayAGS’ $12 a... more
07/14/22 10:42 PM

Galaxy Gaming appoints Meredith Brill to its Board of Directors

  • CDC Gaming
Galaxy Gaming announced Thursday that Meredith Brill has been appointed to its Board of Directors effective July 13, 2022. Ms. Brill fills... more
07/14/22 10:40 PM

IGT Wheel of Fortune and Powerbucks deliver three $1 million-plus jackpots in June

  • CDC Gaming
International Game Technology announced Thursday that its Wheel of Fortune and Powerbucks slots awarded a trio of jackpots in June. Lucky... more