A look at what is going on inside the Gambling World - Baltimore Post-ExaminerBaltimore Post-Examiner

A look at what is going on inside the Gambling World

There is no denying that fast changes are taking place within the gambling world every day. With all the new states legalizing gambling in combination with the rise of online casinos it really can be hard to keep up with everything that is going on. Not only is it important for gaming operators to stay up on the latest news, but gamblers need to know what’s going on as well. Below, you are going to learn about some of the exciting things that are going on in the gambling industry.

West Virginia Goes Legal

There have been a number of states that have legalized gambling over the last couple of years and it looks like West Virginia is going to follow suit. Governor Jim Justice just signed the bill H 2934 into law. This is a law that will legalize online casinos and poker in the state of West Virginia. The bill was progressed through the House of Delegates in February by the West Virginia Lottery where it when later amended and approved. West Virginia was also a state that jumped on sports betting when they saw the opportunity.

They did this back in May following the repeal of the Professional and Amateur Sports Protection Act. As of right now, there are five land-based casinos in the state and with the passing of this current bill, they will be able to apply for one of the five available casino and poker permits. The cost of this license will run right around $250,000 and has to be renewed every five years with an additional renewal fee of $100,000. The five casinos already have sports betting partners in place and it is highly likely that they will expand to include online casino and poker.

Gambling.com Gets New License

Gambling.com is no doubt one of the biggest online gambling sites currently available. It ranks right up there with competitors like https://www.singapoker.org. It also looks like the site has just recently been approved by the state of New Jersey as well. This new approval means that the company can now affiliate to build on its existing commercial agreements in New Jersey. This is huge news for the operator considering the fact that the state of New Jersey enjoyed a successful month, as their total gaming revenue rose 26 percent. The state is currently bringing in a revenue of $241 million a year in gaming.

Kambi And Mohegan Sun Teaming Up

It looks like the world of sports betting is about to be turned on its head with this new exciting deal. The supplier Kambi has just agreed on a deal to provide Mohegan Sun with its online and retail sportsbook solutions. This is a huge deal and Mohegan Sun is a major casino located in Connecticut that brings in tons of money every year. Mohegan Sun has also recently signed a strategic partnership with New York City Football Club. It is true that sports betting is not year legal in the state of Connecticut, but Mohegan Sun hopes that it will be legal by the end of the year. Kambi will be its supplier when this action takes place. Kambi is already supplying DraftKings, Rush Street Interactive, Greenwood Gaming, and Entertainment 888 Holdings. Kambi’s main goal is to partner with the biggest and best gaming operators in the United States and it looks like they are well on their way.

DraftKings Doubles Its Boston Office Space

DraftKings is a huge name in the gaming industry with its sports betting and daily fantasy sports. They just recently unveiled their new headquarters in the Back Bay neighborhood of Boston. The space is 105,000 square feet and is the largest single-floor office in Boston. This site is pretty much double the size of their previous home. DraftKings currently has more than 700 employees on their books and with this new office, they are looking to focus more on in-house content creation.

The new location not only has several green homes, but they also have professional production studios with podcast rooms. DraftKings was founded in 2012 and they have certainly made an impact on the gaming world. Since their establishment, they have opened offices in California, Florida, Nevada, New Jersey, and New York. They are spreading like a wildfire and are showing no means of slowing down.

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