Latest News

Foreign companies flock into American online gambling sector

Reading Time: 1 minute

As the online sports betting sector in the USA is going to undergo a revolution, following the US Supreme Court’s ruling that allows individual states to formulate its own rules and regulations for online sports betting, a number of companies are jumping into the betting bandwagon. Many of these companies are foreign.

Take a recent deal announcement from MGM, about a 25-year joint venture with GVC to provide online casino, poker, and sports betting.

GVC is a British company. The other eight companies GVC compares itself to are:

  • Bet365 – British
  • PaddyPower Betfair – British
  • William Hill – British
  • The Stars Group (incl Sky Betting and Gaming) – Canadian
  • Kindred Group – wedish
  • Betsson – Swedish
  • 888 Holdings – British
  • Jackpotjoy (owner of Intertain) – British

Now take the case of companies that provide software and technology support to the betting industry.

  • Kambi – Swedish
  • IGT – Italian
  • SBTech – Isle of Man
  • SportRadar – Norwegian/Swiss
  • BetGenius –British
  • Mionmi– British/international
  • CG Technologies – USA
  • Scientific Games – USA

There are only two companies based in the USA.

This situation is likely to change in the future, may be well within a decade or so. More US companies are likely to emerge as sport betting become popular in the country.

Source: playusa.com / Joss Wood


Source: Latest News on European Gaming Media Network

George Miller began his career in content marketing before joining the HIPTHER team in 2016 as an Editor and Content Manager. His ability to distill complex regulatory data into newsworthy B2B content led to his appointment as Head of Content in 2017.…

Related Posts

Load More Posts Loading...No More Posts.

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.