Are "sports trading markets" the same thing as regulated sports betting sites? That's the question at the center of an ongoing dispute between Crypto.com and the US Commodity Futures Trading Commission. It's also a question that will likely be answered very in the wake of Crypto.com's total rejection of the US Commodity Futures Trading Commission's…
Rush Street Interactive, Inc. is bringing on poker legend Phil Hellmuth to promote its BetRivers online casino and sportsbook brand. As a seventeen-time World Series of Poker winner, Hellmuth is considered one of the best to ever play the game and will certainly be a big-time asset for the Rush Street Interactive and the BetRivers…
Brazil's newly opened regulated online gambling market is going gangbusters, but the dark cloud of taxes could rain on the whole parade. That's the message from Rei do Pitaco’s chief legal officer Rafael Marchetti Marcondes. In a recent webinar titled, The Future of Gambling in Brazil, Marcondes warned players and operators alike about the impact…
Eli and Peyton Manning are the new faces of FanDuel's popular Super Bowl promotion, the Kick of Destiny. The popular pair of former quarterbacks will square off on a live kicking contest that's aired during the Big Game and is aimed at earning free bets for FanDuel players. The Manning brothers are taking over Kick…
How massive is the demand for sports betting in US States that have not yet offered regulated sports betting? A new data set from GeoComply evaluating showing attempts at accessing regulated sports betting sites from seven US States (Texas, Nebraska, Alabama, Georgia, Minnesota, South Carolina, and Mississippi) that do not offer sports betting shows that…
ESPN Bet is expanding its market footprint after securing a deal to access the Washington D.C. as the official sports betting of Monumental Sports & Entertainment (MSE). The deal is a win-win for PENN Gaming, which operates ESPN Bet, as MSE is the operator of the Washington Capitals (NHL), Washington Wizards (NBA), and Washington Mystics…
One of the unexpected side effects of regulated sports betting in the United States has been an explosion of threats and harassment from aggrieved sports bettors aimed at college athletes. This harassment, in many cases, has been the result of lost proposition bets on individual performances. A number of states are combating this problem by…
Representatives of the gaming industry are speaking out after a hearing on legalizing sports betting in Minnesota went ahead without a single voice or opinion from a regulated operator. The hearing, which took place earlier this week, was hosted by Senator John Marty and was ostensibly supposed to be about introducing legal sports betting to…
TGL, the new professional golf league, is naming FanDuel as its official betting partner. Under the terms of the deal, FanDuel will be providing odds and live betting options for TGL events. FanDuel will also be providing the organization with content during its televised events. The Tomorrow's Golf League (the TGL's formal title that it…
Flutter Entertainment is issuing a profit warning to its investors prepping them for some bad news that's likely been inflicted by some very sharp US players. In a recent trade update the gaming giant, which is based in the UK, suggested that its US earnings target could be missed by as much as $370 million…
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