In the wake of regulated sports betting in the United States, branded sportsbooks offer legacy media organizations a juicy opportunity to develop new revenue streams. Sports Illustrated has executed this model with some success but what about ESPN? ESPN is, arguably, the most influential sports media voice in the world and its name on a…
Nevada gaming revenue hit $1.28 billion in October, marking the 20th straight month that Silver State casinos have topped the $1 billion mark. Nevada casinos are benefiting from increased interest in gambling across the United States, along with increased activities such as Las Vegas Raiders games, that are drawing in huge numbers of tourists to…
The Fifa World Cup is generally viewed by gambling operators as a very good opportunity to sign up new players, who might stick around after the big game and become regular players. That, however, is not the case in Belgium, where officials at the National Lottery are pausing all sports betting-related advertising for the duration…
Officials at DraftKings have confirmed that a number of player accounts were recently accessed by hackers who withdrew more than $300,000 from the compromised accounts. Though company officials are warning all DraftKings account holders to strengthen their passwords, they also say that the incident was limited in scope and did not involve a breach of…
Officials at Kansspelautoriteit (KSA), the Dutch gaming regulator, are investigating a number of Netherlands-facing affiliate sites that appear to be directing players to unlicensed casino sites. The affiliates are also accused of deliberately targeting self-excluded players in their marketing efforts. The affiliates in question have been pretty brazen about their standing in the world using…
MaximBet is ceasing all operations as the US sports betting market finishes out a period of extremely rapid growth and enters what is likely a long period of consolidation. The operator posted the announcement on MaximBet.com late on Wednesday, and gave players until December 15 to withdraw their funds. In an email version of the…
Americans may lag behind the rest of the world when it comes to soccer fandom, but the American Gaming Association (AGA) predicts that as many as 20.5 million Americans will collectively wager $1.8 billion on the 2022 FIFA World Cup. This particular prediction comes courtesy of the AGA's first-ever survey on World Cup wagering. So…
The US gaming industry had its highest earning quarter to date in Q3 2022. That marks the second time this year that the business has broken its own revenue record and the future looks just as good, or better, for US-facing operators. All told, US operators took in an astonishing $15.17 billion in revenue for…
Late last week a federal arbitrator in New York issued a ruling allowing the Fox Corporation to exercise an option to purchase a stake in the sports betting operator FanDuel. The decision is the end result of a complicated business deal that allows Fox Corporation to purchase 18.5 percent of Flutter Entertainment-owned FanDuel. At the…
Houston furniture dealer Jim McIngvale (aka, Mattress Mack) won $75 million this weekend this weekend when the Houston Astros won the World Series in games against the Philadelphia Phillies. Mack’s $30 million wager on his hometown favorites to win baseball’s big prize puts him in the history books as the biggest US sports bettor ever,…
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