Author: Andrew Fletcher

Penn Entertainment (NASDAQ: PENN) surged more than 15 percent on Thursday after the gaming company reported first-quarter results that beat Wall Street’s earnings per share expectations by a significant margin and raised its full-year guidance, with the company’s interactive segment delivering its best-ever quarterly iCasino revenue and narrowing its operating losses dramatically from the same period a year ago. Penn posted Q1 revenue of $1.78 billion, ahead of the Zacks consensus estimate of $1.75 billion and representing 6.4 percent year-on-year growth from Q1 2025’s $1.67 billion, while EPS came in at $0.11, more than doubling the $0.05 consensus expectation and…

Michigan’s regulated online casino market posted its highest ever monthly gross receipts in March, reaching $322.1 million and eclipsing the previous record of $315.8 million set in December 2025 by a margin of more than $6 million. Combined with $50 million from online sports betting, the state’s operators delivered a total of $372.1 million in gross receipts for the month, an 18.9 percent increase from February’s total, according to figures published by the Michigan Gaming Control Board. FanDuel Casino led all operators with a record $85.8 million in March revenue, up approximately $18 million from its own performance in the…

Michigan’s online casino market recorded its strongest month in history in March 2026, with the Michigan Gaming Control Board reporting iGaming gross receipts of $322.1 million — beating the previous record of $315.8 million set in December 2025 by more than $6 million and delivering year-on-year growth of 23.6 percent compared to March 2025’s $260.5 million. Combined with online sports betting gross receipts of $50.0 million for the month, total gross receipts across Michigan’s 15 authorised operators reached $372.1 million, up 18.9 percent from February 2026. The results were announced on April 20 by the Michigan Gaming Control Board. On…

Washington DC has entered the US iGaming conversation in forceful fashion, with Councilmember Wendell Felder introducing legislation on April 9 that would simultaneously create a regulated real-money online casino market in the nation’s capital and impose an outright ban on the sweepstakes casino model that has proliferated across America in a legally ambiguous grey zone. The bill, formally titled the Internet Gaming and Consumer Protection Act of 2026 and designated B26-0656, has been referred to the Committee on Human Services with a public hearing already scheduled for late April, a timeline that indicates genuine legislative momentum rather than the kind…

Omaze has grown from a niche celebrity experience platform in the United States to one of the most recognisable prize draw brands in the UK, offering participants the opportunity to win luxury homes, cars and cash prizes, but understanding the real chances of winning Omaze contest draws is essential before committing any money to an entry. The company, founded in 2012 by Matthew Pohlson and Ryan Cummins, introduced its Million Pound House Draw to the UK in 2020 and has since raised over £100 million for UK charities as of 2026, making it a significant force in the prize draw…

The debate over whether to pick your own numbers or let a machine decide has occupied lottery players since the Lucky Dip option was first introduced, and the question of how many Lucky Dip lottery winners there have been is one of the most commonly searched topics in the world of draw-based games. The evidence is compelling: not only have plenty of players won the lottery with a Lucky Dip, but the proportion of jackpot winners using randomly generated numbers has, at various points, exceeded those who selected their own combinations. How Many Lucky Dip Lottery Winners Have Claimed Major…

BetMGM has delivered a first-quarter 2026 revenue figure of $696 million, up 6% year-over-year but landing approximately 9% below the Wall Street consensus estimate of $767 million. The miss prompted the company to cut its full-year revenue guidance from $3.1 billion to $3.2 billion down to $2.9 billion to $3.1 billion, while maintaining adjusted EBITDA guidance of $300 million to $350 million at the lower end of that range. The headline narrative from the April 14 earnings call centred on competition from prediction markets. CEO Adam Greenblatt addressed Kalshi directly by name, describing the prediction market platform’s advertising strategy as…

Understanding how many entries end up in an Omaze Sweepstakes is one of the most common questions among participants looking to assess their real chances of winning a prize draw. The answer, frustratingly for hopeful entrants, is that Omaze does not publicly disclose the total number of entries for any individual campaign. Omaze Sweepstakes typically does not reveal exact participation or entries figures, making it difficult for players to calculate precise odds before entering. What is known is that the scale of participation is heavily influenced by the nature of the prize on offer. How Prize Value Shapes Omaze Sweepstakes…

Washington DC is the latest jurisdiction in the United States to put iGaming legalisation on the legislative agenda, with Councilmember Wendell Felder introducing a bill this week that would authorise real-money online casino gaming in the District while simultaneously banning the sweepstakes casino platforms that have operated under a legal grey area for years. The legislation, filed on April 9 as Council Bill 260656 and titled the Internet Gaming and Consumer Protection Act of 2026, was assigned to the Committee on Human Services with a hearing scheduled for April 21. The DC bill follows a wave of state-level activity in…

The idea of guaranteeing a lottery jackpot by purchasing every single possible number combination is one of the most enduringly popular thought experiments in gambling mathematics, and the question of whether it is possible to buy every lottery combination is one that raises fascinating issues of cost, logistics, taxation, and legal practicality. In short, the answer is yes in theory and almost certainly no in practice, for reasons that extend well beyond simply having enough money to fund the exercise. Is It Possible To Buy Every Lottery Combination: What The Numbers Say The UK National Lottery Lotto game requires players…