Category: Sports Betting
Wall Street Bets: New York online sports betting, Nevada
New York online sports betting Analyst David Katz of Jefferies January 12 looked at online sports betting in New York. “Statewide OSB hold... more
Low hold scuttles New York’s December sports betting revenue
Online sports betting (OSB) operators achieved a mere 6.6 percent hold on wagers during December, which had a depressive effect on revenue.... more
Latest NFL season highlights financial risks for sports betting companies when so many favorites win
NEW YORK (AP) — It’s been a tough football season for sports books. FanDuel and its key rival DraftKings have both showed investors that... more
Penn Entertainment rebrands more retail sportsbooks with ESPN Bet
Casino and gaming operator Penn Entertainment has rebranding 10 more retail sportsbooks with its ESPN Bet brand, joining ESPN Bet... more
Calendar and baccarat contribute to Nevada gaming revenue decline in November
Blame the calendar and slots for Nevada recording its fourth monthly gaming revenue decline in the last five months. The Las Vegas Strip... more
Arizona sportsbooks see more bets, less revenue in October
Handle at retail and online sportsbooks in Arizona leapt 22 percent in October versus October 2023. Winnings by those same books, however,... more
New Entain CEO Gavin Isaacs added to roster of speakers at ICE Barcelona
ICE Barcelona organizer Clarion Gaming Wednesday confirmed the addition of new Entain CEO Gavin Isaacs to its lineup of keynote speakers at... more
ICE Barcelona, iGF Affiliate are sold out
Clarion Gaming on Wednesday said the first editions of ICE Barcelona and sister show iGB Affiliate are sold out. To be held at the Fira... more
Sports outcomes slam Flutter, Jefferies analyst says
Flutter Entertainment issued an unscheduled January 7 update to its 2024 financial results, with adverse news for investors. It predicted a... more
In-play betting poised to become new sports betting trend, according to Sportradar’s Sophie Thomas
Sportsbook operators are always looking for ways to increase betting and revenue. The answer might be already in place. In-play betting is... more
