Industry News of the Day for April 26, 2024

Industry News

  • PlayUSA: Evolution Q1 Financials Look Stellar Amid US Online Casino Expansion Slog
    • There won’t be regulated online casinos in new parts of the United States anytime soon. That didn’t result in a slowdown for Evolution, however, in its most recent quarter. Rather, the company reported gains during Q1 2024. Those gains included revenue for its North American segment in a year-over-year comparison. While the expansion of legal online casino play into new US markets would certainly be a welcome development for Evolution, the company’s global operations and diverse offerings could offer stability on a long-term basis even if that does not occur.
  • Gaming Today: How ESPN Bet Can Improve With Better Parlay Offerings
    • PENN Entertainment, which operates the sports betting platform branded as ESPN BET, aims to bolster its parlay offerings before the NFL season. If it can, it will be better positioned to compete with industry leaders DraftKings and FanDuel, says CEO Jay Snowden. ESPN BET launched in several states late in 2023 and has since rolled out in others this year. PENN rebranded the product last year, aligning it with ESPN. Formerly, the sports betting app was known as Barstool Sportsbook.

North Carolina

  • Legal Sports Report: Report: NC Spots Betting Bill Would Ban College Props In Newest US Market
    • Just months after launching NC sports betting, legislators in the Tar Heel State could change up the law. As NCAA President Charlie Baker pushes for states to ban college prop betting, Rep. Marcia Morey plans to introduce an NC sports betting bill prohibiting the wagers this session, which started Wednesday and runs until July 31, WRAL-TV reported. Online NC sports betting began March 11.


  • Bonus: Mohegan Launches Pennsylvania Online Casino Ahead Of Unibet’s Upcoming Departure
    • Online casino players in the Keystone State have a new way to play following Mohegan Digital’s full launch of its branded Pennsylvania online casino. Starting today, players can access “no shortage of thrilling slots, table games, and more” through their browser or by downloading the apps for iPhone and Android. Pennsylvania’s newest online platform entry follows Unibet‘s recently shared plan to exit the US market.


  • PlayIllinois: Illinois Online Casino Bills Still Alive With A Month To Go
    • The future of iGaming in Illinois is still uncertain, but bills to legalize online casinos in both the House and Senate remain alive ahead of the 2024 session closing on May 24. House Bill 2239, filed by Rep. Edgar Gonzalez, Jr. in February, is currently residing in the House Rules Committee after moving there earlier this month. Senate Bill 1656, sponsored by Sen. Cristina Castro, is a little further along in its process. It has received a third reading deadline of May 3. However, it’s still sitting in the Senate Subcommittee on Gaming, Wagering, and Racing with no scheduled hearing date.


  • PlayMichigan: Hard Rock’s Arrival Could Strengthen Online Casino Sector In Michigan
    • Michigan can use New Jersey’s new revenue reporting style to make a rough determination of the impact Hard Rock could make in the Great Lakes State. New Jersey recently joined Michigan as one of the only states to report online casino revenue by operator. The two states are neck-and-neck behind Pennsylvania, the leading US iGaming market, making them easily comparable. Hard Rock has positioned itself to enter the Michigan market after acquiring 888 Holdings‘ US assets.