Vertical: Sports Betting

Igaming will outperform this year, Macquarie analyst says

26 June 2025 at 2:40pm UTC-4
Igaming stocks are rising three times as fast as the S&P Index. That was one of the salient findings of Macquarie Equity Research analyst Chad Beynon in an investor note ...

PointsBet defends shareholder vote amid Betr challenge

26 June 2025 at 7:17am UTC-4
Sports betting company PointsBet has rejected claims by rival Betr Entertainment that it excluded a crucial vote during its 25 June shareholder meeting to approve a proposed ...
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New Jersey finalizes igaming and sports betting tax rate

26 June 2025 at 7:11am UTC-4
New Jersey lawmakers have agreed to raise taxes on igaming and sports betting to 19.75%, less than the original 25% Gov. Phil Murphy proposed in February. Legislators made a ...

NCAA council recommends allowing college athletes to bet on pro sports

26 June 2025 at 6:58am UTC-4
The Division I Council for the National Collegiate Athletic Association has voted to recommend that Division I athletes and staff be permitted to bet on professional sports events ...
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AGA launches responsible gambling hub

25 June 2025 at 6:49am UTC-4
The American Gaming Association has launched a new online responsible gambling resource, the Play Smart Consumer Hub. The hub is designed around AGA’s "Play Smart from the ...

Lottery.com announces Tim Scoffham as CEO of Sports.com Media and Lottery.com International

25 June 2025 at 6:44am UTC-4
Online lottery courier Lottery.com has appointed Tim Scoffham as CEO of Sports.com Media Group Limited and Lottery.com International Limited. Scoffham brings more than 20 years ...

Florida moves to dismiss lawsuit challenging Seminole Tribe’s claim to online sports betting

25 June 2025 at 6:32am UTC-4
Florida Attorney General James Uthmeier has submitted a motion to dismiss a lawsuit that questions the legality of online sports betting under the state's agreement with the ...

Polymarket close to finalizing US$200 million funding round

25 June 2025 at 6:26am UTC-4
Blockchain-based prediction market company Polymarket is reportedly close to finalizing a US$200 million funding round that would value the company at more than US$1 billion ...
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Garden State tax increase can be managed, Truist analyst says

24 June 2025 at 4:35pm UTC-4
Following up on reporting in NJ.com, Truist Securities analyst Barry Jonas weighed in on the tax-increase compromise reached between New Jersey Gov. Phil Murphy and the state ...

New Zealand opens register of interest for prospective online operators

24 June 2025 at 7:18am UTC-4
New Zealand’s Department of Internal Affairs has urged gambling operators to register their interest in becoming licensed when new online gambling regulations are introduced ...

Canadian Gaming Summit: Operators seek retention strategies beyond promotions

23 June 2025 at 6:01pm UTC-4
In an increasingly saturated online betting market, operators are shifting focus from promotional acquisition to long-term engagement. The panel "Marketing innovation: building ...

New Jersey college player prop ban passes Senate committee

23 June 2025 at 8:08am UTC-4
A bill to ban player-specific prop bets on college sports has passed New Jersey’s Senate State Government, wagering, Tourism and Historic Preservation Committee. SB 3080 from ...

Betr announces increased PointsBet offer

23 June 2025 at 7:50am UTC-4
Australian betting group Betr Entertainment has renewed its efforts to acquire rival sportsbook PointsBet. The new takeover proposal offers 3.81 Betr shares per PointsBet share ...

PHAI sues Caesars in Pennsylvania over ‘deceptive’ bonus promotion

23 June 2025 at 7:26am UTC-4
The Public Health Advocacy Institute has filed a lawsuit against Caesars Online Casino and Harrah’s Philadelphia, accusing them of promoting a “deceptive and dangerous” US$2 ...

DraftKings and Underdog first to apply for Missouri online betting licenses

23 June 2025 at 7:09am UTC-4
DraftKings and Underdog are the first two online operators to submit applications to operate in Missouri. Missouri residents voted to legalize sports gambling last November ...