Vertical: Sports Betting

BetMGM sees net revenue growth in fourth-quarter earnings

14 February 2025 at 7:19am UTC-5
Sports entertainment and hospitality company MGM Resorts International reported US$140 million in fourth-quarter net revenue, a 15% year-over-year increase. BetMGM is a joint ...

DraftKings reports US$1.4 billion in revenue for fourth quarter

14 February 2025 at 7:14am UTC-5
Sports betting and fantasy sports platform DraftKings has reported that fourth-quarter revenue reached US$1.4 billion. The fourth-quarter revenue is 13% higher than the same ...
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BetMGM to take over MGM Resorts Nevada sportsbooks

14 February 2025 at 6:48am UTC-5
Sportsbook and online gaming operator BetMGM will take over MGM Resort International’s Las Vegas sportsbooks this summer, CDC Gaming reports. BetMGM is owned 50/50 by Entain ...

Opposition group says igaming could cost the US $1 trillion by 2028

14 February 2025 at 6:33am UTC-5
The National Association Against iGaming released the results of a study from Innovation Group showing land-based casino revenue dropped by 16% after the legalization of igaming ...
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Philly’s Super Bowl win costs Pennsylvania sportsbooks US$6.5 million

13 February 2025 at 10:48am UTC-5
Winning Super Bowl LIX was great news for Philadelphia Eagles fans, and bettors in general, in Pennsylvania. Patrons wagered more than US$101.5 million on the game, won by ...

DNSFilter flags peak traffic to malicious gambling sites during Super Bowl LIX

13 February 2025 at 10:13am UTC-5
Cybersecurity firm DNSFilter blocked 57% more traffic to malicious gambling sites on the day of Super Bowl LIX compared to the rest of the NFL post-season. The sites were ...
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Aristocrat Interactive names new Managing Director of igaming and sports

13 February 2025 at 10:03am UTC-5
Aristocrat Interactive has appointed Nir Hakarmeli as Managing Director of its igaming and sports division. Aristocrat Interactive said the hire underscored its commitment to ...

Paysafe to dispose of direct marketing payment processing business

13 February 2025 at 7:33am UTC-5
Payments provider Paysafe has revealed plans to sell its direct marketing payment processing business line, alongside the release of its preliminary fourth quarter and 2024 fiscal ...

IC360 to provide online gambling education program in Pennsylvania

13 February 2025 at 7:21am UTC-5
Gaming compliance consultancy IC360 has partnered with the Commonwealth of Pennsylvania to expand its gambling education program. Josh Ercole, Executive Director of The Council ...

Pikkit reveals record engagement during Super Bowl LIX

13 February 2025 at 6:18am UTC-5
Bet tracking app Pikkit has revealed it clocked 1.8 million ‘picks’ and US$64 million in wagers across this year’s Super Bowl. Pikkit is a bet-tracking app that allows ...

New York sports betting hits $2.48 billion record in January

12 February 2025 at 8:18am UTC-5
New York mobile sportsbooks registered record handle of US$2.48 billion in January, according to the New York State Gaming Commission. The figure is the highest for a single ...

Paramount+ under fire for broadcasting offshore gambling ads

12 February 2025 at 7:42am UTC-5
American streaming site Paramount+ is facing scrutiny for broadcasting advertisements for an offshore gambling company during a New Zealand A-league soccer match. According to ...

Catena Media reveals a 35% decline in Q4 revenues

12 February 2025 at 7:13am UTC-5
Publicly traded affiliate Catena Media has revealed that earnings for the fourth quarter of 2024 were €46.9 million, a 35% decrease from the third quarter. North America ...

Entain Chief Executive steps down

11 February 2025 at 7:59am UTC-5
Entain Chief Executive Officer Gavin Isaacs has stepped down just five months after taking the helm of the gambling group, which is MGM Resorts' joint venture partner behind ...

North Carolina sports betting revenue up over 100% month-on-month

11 February 2025 at 7:16am UTC-5
North Carolina bettors generated US$74.5 million in gross wagering revenue in January as reported by the North Carolina State Lottery Commission, a 100% month-on-month increase ...