Author: Scott Long
Robinhood’s second quarter beats Wall Street expectations
1 August 2025 at 7:11am UTC-4
Prediction platform Robinhood reported US$989 million in second-quarter revenue, a 45% year-over-year increase, beating Wall Street’s estimate of US$908 million.
Net interest ...
Massachusetts regulator fines DraftKings US$450,000 for accepting credit card wagers
1 August 2025 at 7:05am UTC-4
Igaming operator DraftKings has been fined US$450,000 by the Massachusetts Gaming Commission for accepting credit card wagers.
The MGC banned credit cards as a form of igaming ...
PointsBet rejects revised Betr takeover bid
1 August 2025 at 7:00am UTC-4
Australian betting operator PointsBet Holdings has rejected fellow betting operator Betr Entertainment’s latest takeover offer, despite Betr announcing an increase in its ...
Codere Online blames Mexican peso for problems
31 July 2025 at 2:35pm UTC-4
Pointing to a 19% devaluation in the Mexican peso, executives of Codere Online repeatedly cited it during their 31 July investor call as the reason the company's second-quarter ...
Codere Online narrows loss, improves cash flow in second quarter
31 July 2025 at 2:30pm UTC-4
Codere Online, a purveyor of igaming and sports betting to Spanish-speaking nations, reduced its second-quarter loss from €3.7 million to €2.4 million year over year. It also ...
Rush Street leaders take victory lap in earnings call
31 July 2025 at 2:22pm UTC-4
Richard Schwartz, CEO of Rush Street Interactive, began the second-quarter earnings call by noting new company highs for revenue, profitability and margins. These, he said, were ...
Rush Street revenues and profits skyrocket
31 July 2025 at 2:14pm UTC-4
Profits for Rush Street Interactive were US$28.8 million in the second quarter, reversing a US$300,000 loss posted a year earlier.
The igaming provider also posted revenue of ...
BetMGM revenue, cash flow surge
29 July 2025 at 12:36pm UTC-4
Second-quarter net revenue for BetMGM shot up 36% and cash flow leapt from US$8 million to US$86 million. The company released those numbers in the predawn hours of 29 July ...
BetMGM looks toward premium customers for growth
29 July 2025 at 12:33pm UTC-4
“Our business has truly inflected,” BetMGM CEO Adam Greenblatt said of his company’s second-quarter earnings during a 29 July investor call.
BetMGM reported US$692 ...
Sports betting margins hit record heights, Jefferies analyst says
29 July 2025 at 11:42am UTC-4
“After several consecutive quarters of unfavorable sports results, [the second quarter] is on track to deliver a record sports margin outcome,” Jefferies Equity Research ...
Red Sox’s Lucas Giolito confronts MLB commissioner about sports betting
25 July 2025 at 7:25am UTC-4
Boston Red Sox pitcher Lucas Giolito has expressed his concerns to Major League Baseball Commissioner Rob Manfred regarding the uptick of social media abuse that players and their ...
RubyPlay partners with Hard Rock Bet Casino to expand US presence
25 July 2025 at 7:19am UTC-4
Igaming development studio RubyPlay has partnered with Hard Rock Bet Casino to distribute its portfolio of online slot games in New Jersey.
The agreement introduces RubyPlay ...
Ohio governor opposes igaming expansion
25 July 2025 at 7:12am UTC-4
Ohio Gov. Mike DeWine has voiced opposition to igaming in Ohio, telling reporters at the annual Ohio State Fair, “I’m not for it.”
Ohio lawmakers have drafted two icasino ...
Most Filipino online gamblers are low-stakes players, survey says
25 July 2025 at 7:06am UTC-4
A new study by research firm Fourth Wall found that 89% of online gambling players in the Philippines are low-stakes bettors, spending less than PHP5,000 monthly, about 10% of ...
PrizePicks secures licenses in Puerto Rico and Maine
25 July 2025 at 7:00am UTC-4
Daily fantasy sports operator PrizePicks has secured gaming licenses in Puerto Rico and Maine and has become the first operator to secure licensure in Puerto Rico.
The company ...






