Category: Sports Betting

05/07/23 1:56 PM

DraftKings shares surge on better-than-expected first-quarter results

  • Matthew Crowley, CDC Gaming
Sports-betting giant DraftKings’ shares surged 15% Friday in the aftermath of better-than-forecast first-quarter results. In addition,... more
05/06/23 3:56 PM

Will gambling case at Alabama ripple across college sports?

  • Ralph D. Russo, Associated Press
Alabama fired its baseball coach this week amid an investigation into suspicious bets involving a Crimson Tide game at LSU. The school did... more
05/04/23 8:26 PM

The Gaming News Canada Fiver: Friday, May 5, 2023

  • Steve McAllister—Gaming News Canada
On the latest Gaming News Canada Show podcast presented by Osler, Hoskin & Harcourt, the investment by Ryan Reynolds into Nuvei, and... more
05/04/23 4:05 PM

Penn Entertainment’s first quarter earnings call elicits questions about Barstool personality

  • Rege Behe, CDC Gaming
Penn Entertainment’s 2023 first quarter report revealed revenue of $1.67 billion, a year-over-year increase of 6.8%. Net income increased... more
05/04/23 2:24 PM

Michigan among seven states asking Justice Department to regulate offshore sites

  • Rege Behe, CDC Gaming
The Michigan Gaming Control Board Thursday announced that it has joined a coalition of regulators from seven gaming states urging the U.S.... more
05/03/23 8:46 PM

Rush Street Interactive exceeds Wall Street expectations

  • David McKee, CDC Gaming
Although management disagreed, stock analysts were pleasantly surprised by Rush Street Interactive’s first-quarter earnings. Rush Street... more
05/03/23 8:07 PM

IBIA reports 40 suspicious betting alerts in Q1

  • CDC Gaming
The International Betting Integrity Association’s (IBIA) latest quarterly Integrity Report reported 40 incidents of suspicious betting... more
05/02/23 8:10 PM

Entain Foundation partners with NHL Alumni Association for responsible gaming initiative

  • Rege Behe, CDC Gaming
The NHL Alumni Association Tuesday announced a partnership with Entain Foundation U.S. to support responsible gambling for hockey fans. By... more
05/02/23 4:16 PM

Ohio gambling regulator halts betting on Alabama baseball

  • Associated Press
Ohio’s top gambling regulator has barred licensed sports books in the state from accepting bets on Alabama baseball games after a report... more
05/02/23 1:02 PM

Maverick Gaming selects PayNearMe’s MoneyLine payments platform

  • Rege Behe, CDC Gaming
PayNearMe Tuesday announced that its MoneyLine payments platform has been selected for use by Maverick Gaming. MoneyLine integrates... more