Powerball Jackpot Grows To .2 Billion

The Powerball jackpot now stands at an estimated $1.2 billion with a cash option of $596.7 million for the drawing on Wednesday, Nov. 2 “This is the largest Powerball prize in more than six years,” said Drew Svitko, Powerball Product Group Chair and Pennsylvania Lottery Executive Director. “The jackpot isContinue Reading

Gaming in Michigan Grows for the First Time in Months

Financial reports from Michigan’s tribal and commercial operators showed a recovery in the state’s gambling market, which was on the decline for the past three months. July’s gross online gaming revenue increased 8% compared to the previous month, reaching $148.2 million. The sum also marks a 32.4% year-to-year increase, alleviatingContinue Reading

Digital gambling fraud rate grows 50% in Q1; industry marks second-highest increase

TransUnion’s quarterly digital fraud analysis issued Thursday found the suspected fraud rate year-over-year significantly increased in gambling, insurance and logistics, while it declined in industries such as financial services, telecommunications and retail. Gambling’s fraud rate grew 50.1% in the first quarter of 2022 as compared to the same period of theContinue Reading