Michigan Regulators Order Unlicensed iGaming Sites to Terminate Operations

The boodle Gaming Control Board (MGCB) has sent cease-and-desist letters to trio online gaming websites operating in the commonwealth unlawfully. State gaming regulators say PredictionStrike Inc., based inward Bay Shore, NY, Sweepstakes Limited, based inward Limassol, Cyprus, and VGW LuckyLand, Inc., based inward San Francisco were from each one running…

Radar, a Geofencing Firm, to Challenge GeoComply in US Gaming Space

New York-based Radar, a tech house that helps businesses pinpoint where its customers are, is entering the US gaming industry. Radar hopes to disrupt GeoComply’s near-monopoly on providing iGaming and online sportsbook platforms geolocation services. Since the legality and regulatory fabric for the online gaming and net sportsbook marketplace…

DraftKings Soars on Improved 2023 Loss, Revenue Outlook

Shares of DraftKings (NASDAQ: DKNG) surged inwards Thursday’s after-hours trading session after gaming boosted its 2023 revenue outlook spell passementerie its expected loss guidance. The Boston-based sportsbook manipulator raised the midpoint of its 2023 revenue forecast to $3.185 one million million from $2.95 1000000000 patch telling investors…