Vertical: Sports Betting
Caesars Digital delivers Q2 revenue growth of 24.3% in 2025
30 July 2025 at 6:55am UTC-4
Caesars Entertainment has reported 24.3% revenue growth from its online gambling division, Caesars Digital, in the second quarter of 2025, with net revenue rising from US$276 ...
Betfair fined over AU$871,000 by Australian regulator for gambling violations
30 July 2025 at 6:15am UTC-4
Online sportsbook operator Betfair has paid an AU$871,660 penalty after an investigation led by the Australian Communications and Media Authority found Betfair had breached ...
Second Cleveland Guardians pitcher on leave for gambling investigation
30 July 2025 at 5:48am UTC-4
The MLB’s Cleveland Guardians have placed All-Star pitcher Emmanuel Clase on leave due to an ongoing gambling investigation by MLB.
In a statement, the team said it could not ...
Sportradar launches Bettor Sense solution with Brazil’s BETesporte
30 July 2025 at 5:35am UTC-4
Sportradar Group has announced the launch of its personalized, proactive, and data-driven player-protection tool, Bettor Sense.
On Tuesday, Sportradar confirmed that Brazilian ...
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 ...
DC lawmakers revisit 300-year-old gambling law
29 July 2025 at 6:51am UTC-4
A 300-year-old law has been brought back into relevance by a Delaware LLC called Gambling Recovery, after it was invoked in a lawsuit against sportsbook operators in Washington ...
Brazilian sports betting generates BRL3.79 billion in H1 tax revenue
29 July 2025 at 6:32am UTC-4
The Brazilian sports betting industry has generated BRL3.79 billion in tax income since its launch in January 2025.
Brazil’s federal revenue service, the Receita Federal do ...
Carnegie Mellon professors launch sports betting awareness course
29 July 2025 at 6:03am UTC-4
As gambling continues to grow on US college campuses, a Carnegie Mellon University statistician has teamed up with a neuroscience professor to teach students about the risks ...
Apple iSports confirms acquisition of LBC Enterprises
28 July 2025 at 7:27am UTC-4
Australian online gaming technology and infrastructure provider Apple iSports has agreed to take over online gambling platform operator LBC Enterprises.
The deal is expected to ...
DigiPlus global expansion continues with South Africa launch
28 July 2025 at 7:01am UTC-4
Filipino gaming technology firm DigiPlus Interactive has revealed plans to expand into South Africa, representing the latest stage of its global expansion strategy.
As part of ...
Kalshi announces partnership with Elon Musk’s xAI
28 July 2025 at 6:52am UTC-4
Online prediction platform Kalshi has confirmed a partnership with Elon Musk’s artificial intelligence startup xAI, bringing the Grok chatbox to Kalshi’s trading platform ...
Australian regulator issues remedial direction to ReadyBet for targeting self-excluded players
28 July 2025 at 6:42am UTC-4
The Australian Communications and Media Authority has issued a remedial direction to Australian sportsbook ReadyBet after the operator targeted customers who had registered with ...
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 ...
