Australia’s biggest sports betting operator Tabcorp Holdings Ltd. is resisting the pressure to rush into the U.S. betting market, preferring to complete the company’s integration with Tatts Group first before expanding its business.

The Australian Financial Review reported that Tabcorp is closely monitoring regulatory developments in the United States, but noted that the company is in no hurry to carve out a slice of the country’s sports betting pie.

Speaking before the members of American Chamber of Commerce in Australia on Wednesday, Tabcorp CEO David Attenborough recognized that the U.S. sports betting market is still filled with uncertainty despite the repeal of the Professional and Amateur Sports Protection Act (PASPA) of 1992.

He pointed out that sports betting regulations are a patchwork, making it hard to predict on how quickly the U.S. market will open up.

The state of New York is set to overtake Nevada as the largest sports betting market in the U.S., according to the new GamblingCompliance projections.

A five-year projection of the U.S. sports betting market shows that New York will generate $700 million in annual sports wagering revenues, smashing Nevada’s $248 million record.

Nevada’s annual sports wagering revenue is also likely to be overtaken by the states of New Jersey, Massachusetts and Pennsylvania by 2023, according to the gambling market analyst, which forecast New Jersey and Pennsylvania’s revenues to eaach reach $300 million. The report touted the U.S. Northeast region to become “the epicenter of sports betting expansion in the years.”

GamblingCompliance noted that it might take time for majority of the states to enter the sports betting market. Five years from now, the report said that only seven states may join Nevada in the sports betting business.

The parent company of online poker giant PokerStars has raised more than $600 million from the recent public offering of its common shares.

In a regulatory filing, The Stars Group announced that the company managed to sell 17,000,000 common shares while several company shareholders disposed 8,000,000 of their common shares for a total net proceeds of $622 million.

Morgan Stanley, J.P. Morgan and Deutsche Bank Securities acted as the joint book-running managers and representatives of the underwriters for the offering. The additional joint book-running managers for the offering were Goldman Sachs & Co. LLC, Barclays, BMO Capital Markets and Macquarie Capital (USA) Inc. The co-managers for the offering include Blackstone Capital Markets, Cormark Securities (USA) Limited, Canaccord Genuity Corp., Union Gaming Securities, LLC and Investec Bank plc.

The Stars Group and selling shareholders approved an over-allotment option to purchase up to 1,875,000 and an additional 1,875,000 common shares, respectively. The company said the option may be done for a period of 30 days from June 21.

Pennsylvania casino operators are up in arms against the state’s new iLottery games, which they claim will intrude their yet-to-launch online games.

Thirteen casino operators have called on Pennsylvania Gov. Thomas Wolf to suspend the recently launched online lottery games in the state as they seek for a dialogue on a more “lawful iLottery program,” according to the PennLive report.

The casino operators reportedly threatened to bring the issue to court after failing to get a response from the office of Gov. Wolf.

Pennsylvania became the fourth state in the U.S. to allow online gambling after Wolf signed the state’s comprehensive gambling expansion bill in October 2017. In a nutshell, the 2017 law allows for intrastate online casino and poker products, as well as daily fantasy sports, online lottery sales, new satellite casinos and video gaming terminals (VGT) at select truck stops.

Genting Hong Kong, the casino cruise arm of Genting Bhd, is improving its fleet of casino vessels. Through its German subsidiary, MV Werften Wismar GmBH, the company has reached an agreement with a Finnish marine engineering company that will be responsible for outfitting the ships with fixtures and equipment. The deal will see Genting pay the company, Almaco Group Oy, approximately $97.1 million to outfit the ships that are scheduled to be complete between now and 2021.

Genting made the announcement through a filing with the Hong Kong Stock Exchange. It added that the price was agreed upon after “arm’s length negotiations between the parties with reference to, among others, the market value of similar systems for installation onto, and use by, comparable cruises at the time of negotiation.”

Almaco is a full service engineering contractor that provides new ship construction, as well as renovations of areas such as cabins, public spaces, galleys, wet units, machinery and refrigeration spaces, living quarters and store rooms. The two companies had previously reached an agreement for Almaco to supply MV Weften with equipment worth around $30 million.

Genting operates cruise ships under three brands—Crystal Cruises, which it acquired in 2015, Dream Cruises and Star Cruises. The company has positioned each for a specific market, with Crystal geared for the ultra-luxury segment, Dream for the premium segment and Star for the contemporary segment.

The second edition of the India Online Poker Championship (IOPC) is right around the corner, and will offer some hefty guarantees as well as other prizes. The ten-day series, which is offered by The Spartan Poker, will feature 55 events and is scheduled to run from July 13 through July 22. Tournament organizers expect this second edition to be even bigger than the first, and have put up a guaranteed prize pool of over $1 million.

There are several events on tap with impressive prize pools. On July 15, the IOPC will hold ‘The Millionaire,’ which offers a guarantee of over $145,000, followed by a Super High Roller (SHR) and an Elite High Roller (EHR). The SHR will begin on July 19 and offers a guarantee of about $72,000 and the EHR will kick off the next day, providing a $58,000 guarantee. The Main Event will get underway on July 22 and offers a prize pool of more than $145,000.

There are additional prizes available. A leaderboard will be kept during the tournament, and over $43,000 is up for grabs to the highest finishers. Additionally, the leader at the end of the series will take home a Jeep Compass. The second-place finisher will win a Bajaj Dominar 400 motorcycle. A Bose sound bar will go to the third-place winner, and an Apple Series 3 watch to the fourth-place finalist.

Amin Rozani, co-founder of The Spartan Poker, said, “The IOPC tournament is a platform where Poker players from across the globe can prove their mettle in the sport. With a participation of over 100k across tournaments every month and the rising awareness for Poker, we look forward to an exciting tournament with several edge-of-the-seat moments.”

One of China’s most prolific gaming companies expects big things for the country’s eSports industry. Tencent published a report on Tuesday stating that eSports in the country would reach 350 million by the year 2020, and would generate around $1.5 billion annually. Currently, the market is around 250 million, based on last year’s figures.

If Tencent’s predictions are correct, the growth could result in China accounting for around 59% of all users from around the world. The figures from last year showed an increase of 41% over the amount seen in 2016.

China is currently the second-largest market behind the US. Last year, China generated around $104 million from eSports while the US generated $258 million. The US market improved substantially from 2016, increasing by 45%. South Korea is ranked third, generating around $49 million from eSports.

According to a recent survey, 72% of those interested in eSports in China have established histories of watching eSports competitions. 36.6% of users only began watching competitions within the past two years and, for the first time in history; ‘blockbuster’ games attracted over 10 billion spectators – a new record.