The Lotto 47 jackpot has been won in Michigan, paying out $1.15 million to the winner. This is the second time in only a few weeks that the Lotto 47 jackpot has hit. Michigan offers online gameplay for draw games, including Lotto 47. DETROIT – The winning ticket to a $1.15 million lottery jackpot was … Read more
PointsBet shares have fallen by 18%. Competition between brands is crowding the market. LAS VEGAS – On Thursday, online sportsbook operator PointsBet revealed its shares had fallen by 18%. PointsBet Shares Fall In a recent quarterly update, PointsBet showed that its market share fell in the seven states that it currently operates in. Even in … Read more
New Jersey, Pennsylvania, and Michigan online gambling combined for over $1.5 billion in revenue in the first half of 2021. The mobile sports betting boom of 2020 continued into 2021. The success of these online markets could persuade other markets to launch. TRENTON, N.J. – Online gambling has continued to surge in the US with … Read more
At the recent IndyFest 2021, Bill Hornbuckle, CEO of MGM Resorts, publicly endorsed iGaming in Nevada. Nevada has historically been against online casinos. However, iGaming access would have saved the state from a lot of lost revenue suffered during the pandemic casino closures. LAS VEGAS – The topic of iGaming in Nevada was brought up … Read more
Online poker revenue numbers from June to July are rising in New Jersey, Pennsylvania, and possibly Michigan. LAS VEGAS – Online poker saw its best revenue year in 2020 due to people staying in their homes from the COVID-19 pandemic. Since that time however, revenue rates have expectedly dropped for online poker as in-person options … Read more
Play Gun Lake has launched sports betting as part of their online casino. This means that there are now 14 online sportsbooks operating in Michigan. These structural improvements have generated tax revenue increases. DETROIT – Play Gun Lake launched sports betting in Michigan on Monday, bringing the total number of online sportsbooks up to 14. The … Read more
Michigan’s Gaming Control Board has authorized live dealer games in the state. Currently, only Evolution is allowed to provide them, although they are going to partner with other providers. This means that live dealer baccarat, blackjack and roulette is expected to go live ASAP. LANSING, Mich. – Michigan, in the wake of significant success in … Read more
Michigan regulated their online sportsbook and online gambling industry in Jan. 2021. They projected revenues of up to $50 million over the course of the year. They’ve seen almost $90 million in state tax revenue in the first six months alone. LANSING, Mich. – Michigan recently regulated online sports betting and online casino gameplay, and … Read more
The West Virginia Lottery Commission is considering an online poker interstate compact. Currently, the major compact is the MSIGA, which covers Delaware, New Jersey and Nevada. Pennsylvania and Michigan are also potential interstate compact partners. LAS VEGAS – The West Virginia Lottery Commission is looking into the possibility of joining the MSIGA, which is a … Read more
PointsBet has been authorized by the Michigan Gaming Board to open an iGaming and online betting platform in Michigan. LANSING, Mich. – Major sports betting and online gaming brand PointsBet has officially launched its inaguaral iGaming platform in Michigan. This week, the Michigain Gaming Control Board (MCGB) gave the all-clear authorization to PointsBet Michigan LLC … Read more