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…
Pennsylvania gaming regulators are tweaking the rules that govern casino self-exclusion to make it tougher for problem gamblers to walk back through the doors of a casino. This week the Pennsylvania Gaming Control Board (PGCB) voted down a measure that would automatically end self-exclusions to land-based casinos after just one year. Under current Pennsylvania law,…
Are American sports bettors willing to pay $20 a month for boosted parlay odds? That's exactly what DraftKings is thinking with its new DraftKings+ subscription service, which will offer parlay-obsessed players unlimited odds boost tokens for those risky parlays with more legs than most insects. Though DraftKings hasn't been pushing DraftKings+ to the public-at-large, its…
On New Year's Day Brazil's regulated online gambling market finally opened its virtual doors to the Brazilian public. Online gambling's official launch comes after years of debate and makes the 213,000,000 people of the world's potential customers of worldwide gambling operators. As of January 1, Brazil had 14 fully licensed operators whose sites were ready…
Are the holidays, and holiday bonus promotions from sportsbooks and online casinos, a major trigger for problem gambling? That's the message being sent out by England's National Health Service (NHS). Earlier this week the agency sent out a warning about a potential upsurge of holiday-related problem gambling and a plea for more resources to help…
Does banning credit cards deposits at online casinos and sportsbooks actually reduce problem gambling? Are land-based casinos conspiring to back a nationwide credit card deposit ban? These are some of the questions that were discussed at a recent hearing to discuss legislation backed by the National Council of Legislators from Gaming States (NCLGS), a gaming…
For decades, sports betting enthusiasts have pointed out that wagering on the outcome of a sporting event is nearly identical to making a short-term investment in the stock market. That dictum is getting put to the test in recent days as Crypto.com, a Singapore-based cryptocurrency exchange, enters the sports event trading market. Trading in sports…
When ESPN launched ESPN Bet last year with the help of PENN Gaming, there were a lot of questions about how much the two entities would really be working together. After all, the layman's view of the situation is that a news organization and a sportsbook that were run by the same company wouldn't be…
Disgruntled sports bettors account for nearly half of all the online abuse aimed at professional tennis players. That's the big takeaway from a massive data set that was recently released by the International Tennis Federation, Women’s Tennis Association, the All England Lawn Tennis Club and United States Tennis Association. Tennis' governing bodies collected the data…
In 2024, Americans had their first opportunity to legally wager on the outcome of a national US election. Now, if two US Congressmen have their way, 2024 would be both the first and the last time Americans can legally wager on the outcome of an election. Late last week Representatives Andrea Salinas (D-OR) and Jamie…
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