Vertical: Sports Betting

BetMGM has reported a 112% increase in third-quarter adjusted EBITDA to US$86 million, as net revenue rose 7% to US$710 million from US$667 million. The joint venture between ...

New York’s gaming watchdog is proposing a restriction on how sports betting licensees use AI, algorithmic profiling and other automated systems for promotions and wagering ...

The US Commodity Futures Trading Commission (CFTC), which oversees prediction markets, has issued a “Notice of Proposed Rulemaking (NPRM)” that aims to clarify that its ...

The NFL has taken a unique approach when it comes to US sports leagues interacting with prediction markets, filing an amicus brief with the Supreme Court this week supporting ...

The US state of Michigan has issued cease-and-desist orders to 33 offshore online gambling platforms, by the Michigan Gaming Control Board (MGCB), for offering their services to ...

The Seminole Tribe of Florida has reportedly sued DraftKings, alleging the group runs illegal sports betting in the state through its prediction markets and its Pick6 fantasy ...

Despite a modest decline in handle, DraftKings posted a massive increase in revenue in Oregon during September. DraftKings is the sole online sports betting provider in the state ...

US Senator Richard Blumenthal plans to question DraftKings and prediction market platforms Kalshi and Polymarket over their VIP programs and treatment of high-value customers, as ...

The US Supreme Court has received multiple amicus briefs this week regarding the regulation of sports betting in the country, with one focusing on reviving a section of the ...

A new report by analytics firm Blask comparing the recent shutdown of Brazil’s online gaming market and India’s block of real money gaming (RMG) notes that both nations ...

Sportradar has sold its Atrium Sports subsidiary for US$170 million, in a deal applauded by Jefferies Equity Research analyst David Katz. Teamworks Innovations is the buyer of the ...

The North American Gaming Regulators Association (NAGRA) and International Association of Gaming Regulators (IAGR) have asked the US Supreme Court to review a dispute over whether ...

Ontario’s gambling regulator, the Alcohol and Gaming Commission of Ontario (AGCO), has issued a CA$200,000 fine to sportsbook operator theScore.Bet after its cash-out offers ...

More than 30 politicians, community groups, and gambling reform advocates have urged the Northern Territory government to strengthen protections against gambling harm, following ...

DraftKings’ stocks rose by around 5% after Bank of America analyst Julie Hoover raised the company’s rating from “Neutral” to “Buy”, while maintaining its US$27 price ...