Category: Sports Betting
Arizona: Sportsbooks reinvest heavily in promotions in March
Sportsbook revenue in Arizona increased eight percent in March to $57.4 million. Handle was $758 million, an 18 percent surge, and hold was... more
Illinois tax boost takes immediate toll on DraftKings shares
According to J.P. Morgan analyst Joseph Greff, shares of DraftKings declined 11 percent in early trading Tuesday. He attributed the falloff... more
Analyst stays the course with FanDuel owner Flutter Entertainment
Refining his view of FanDuel’s corporate parent Flutter Entertainment, Jefferies Equity Research analyst James Wheatcroft launched a... more
Niche-sports gambling provider Pro League Network raises $2.2 million
Pro League Network, a company that provides betting services on niche sports, has raised $2.2 million from investors that include Roger... more
Analyst: More OSB tax hikes coming
Illinois isn’t the first state to raise taxes on online sports betting (OSB) purveyors and it won’t be the last. That was the... more
Player Protection Symposium returns to help kick off Canadian Gaming Summit
The countdown to the Canadian Gaming Summit has officially begun; the event takes place June 18-20 at the Metro Toronto Convention Centre.... more
The growing concerns about Canada’s Gen Zers, gambling, and mental health
One of the concerns that emerged from the Responsible Gambling Council’s three-day Discovery conference in Toronto in March was the... more
Analyst: New York OSB a low-return business
Online sports betting operators (OSB) in New York State are spending an average of 22 cents out of every dollar they make on promotional... more
Nevada regulators shoot down sports-betting-ticket resale operators
The Nevada Gaming Control Board Thursday shot down the idea of a sports-bet resale exchange more than two years after regulators forced... more
UK: Footballer charged with intentionally drawing yellow cards to influence betting outcomes
West Ham midfielder Lucas Paqueta was charged by English soccer authorities on Thursday after it was alleged the Brazil international... more
