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Sports betting moves forward in Washington State as Governor Inslee signs 15 tribal compacts

Last week it was announced that Governor Jay Inslee signed a total of 15 tribal sports betting compacts. This step is the latest in a series of steps to see tribes in the state begin offering sports betting services at casinos. The compacts now head to the United States Secretary of the Interior to be reviewed.

The review process can take up to 45 days. Each compact change must be added to the Federal Register before it becomes valid. The tribes will then receive licensing from the local Gambling Commission.

Approval from the Commission

During a meeting in…

Sports Betting Drives Bwin.Party Results_1

iGaming Business – Online gaming operator bwin.party has reported that despite losses in its casino, poker and bingo divisions, the success of its sports betting arm helped it achieve year-on-year revenue growth during the three months to September 30, 2014.

The company reported total revenue of €148.7 million ($190.4 million) in the third quarter, which is up 2% on the €145.7 million posted in the same period last year.

Bwin.party noted that, excluding the losses in Greece, its revenue would have increased by 4%.

Sports betting generated €58.8 million of total…