Vertical: Sports Betting

Rush Street Interactive surmounts adverse sporting results

1 May 2025 at 11:31am UTC-4
Despite the adversity posed by March Madness results and the Super Bowl, Rush Street Interactive posted almost uniformly improved numbers in its first-quarter-earnings call ...

Rush Street Interactive earnings, profit grow in first quarter

1 May 2025 at 8:24am UTC-4
Double-digit increases in revenue, profit and cash flow were posted by Rush Street Interactive late on April 30. Revenue grew 21%, hitting US$262.4 million while red ink of US ...
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E-gaming responsible for over half of PAGCOR first quarter revenue

1 May 2025 at 8:11am UTC-4
Online gaming generated 56% of the Philippines gaming revenues in the first quarter of 2025, with e-games and e-bingo contributing Php14.32 billion, according to gaming regulator ...

PAGCOR introduces new regulatory framework for gaming affiliates

1 May 2025 at 6:55am UTC-4
Philippine gaming regulator PAGCOR has unveiled a new regulatory framework for the accreditation of both gaming affiliates and support service providers. The memorandum ...
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Michigan regulator registers concern over event contracts with CFTC

1 May 2025 at 6:34am UTC-4
The Michigan Gaming Control Board has written to the Commodity Futures Trading Commission outlining its concerns about sports event contracts being offered in the state. The ...

Kentucky online sportsbook wagers up 15.5% YoY in March

1 May 2025 at 6:15am UTC-4
Wagers for Kentucky’s online sportsbooks reached US$284.9 million in March, up from the previous year’s recorded total of US$246.5 million, representing a 15.5% year-on-year ...

Neosurf enters LatAm with Mexico launch

1 May 2025 at 6:07am UTC-4
Online payments provider Neosurf has revealed its expansion into Latin America by going live in Mexico. Neosurf’s move into Mexico’s regulated market comes at a time of ...

Federal Judge says Kalshi can continue in New Jersey

30 April 2025 at 7:31am UTC-4
A New Jersey federal judge has ruled that state regulators cannot ban the trading platform Kalshi from offering sports prediction markets. Kalshi has sued New Jersey regulators ...
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NCAA gambling data sale sparks public health concerns

30 April 2025 at 6:59am UTC-4
The Massachusetts-based Public Health Advocacy Institute has condemned an NCAA deal with technology provider Genius Sports to sell real-time college sports data to the gambling ...

Michigan Gaming Control Board targets Panama-based operators with cease-and-desist orders

30 April 2025 at 6:43am UTC-4
The Michigan Gaming Control Board has issued cease-and-desist orders to Panama-based SportsBetting.ag and BetOnline for providing unlawful gambling in the state. The orders ...

Caesars Entertainment announces pari-mutuel horse wagering ahead of Kentucky Derby

30 April 2025 at 6:19am UTC-4
Caesars Entertainment has revealed that pari-mutuel horse wagering will be available on Caesars Sportsbook in Kentucky and Colorado for the 151st Kentucky Derby. Pari-mutuel ...

Louisiana lawmakers discuss tax hike for sports betting operators

30 April 2025 at 6:04am UTC-4
Legislators in Louisiana have proposed an increase in the state’s sports betting tax from 15% to 32.5%, matching the tax rate on video poker. House Bill 639, introduced by ...

Betr Entertainment announces renewed PointsBet bid

29 April 2025 at 6:46am UTC-4
Australian sports betting company Betr Entertainment has announced a new bid to take over rival bookmaker PointsBet. The proposal is worth AU$360 million, which is comprised of ...

Hawaii online sports betting bill falls short

29 April 2025 at 6:13am UTC-4
Hawaii’s online sports betting bill, HB1308, has halted its progress in the state after missing an important deadline on 26 April. Lawmakers weren't able to agree on ...

BetMGM first-quarter profit tops expectations and guidance

28 April 2025 at 1:47pm UTC-4
BetMGM CEO Adam Greenblatt and CFO Gary Deutsch fielded analyst questions April 28 in a brisk half-hour earnings call recapping the first quarter. The company exceeded Wall Street ...