Location: US
Arizona sports betting revenue rockets upward
27 February 2025 at 5:56am UTC-5
Sportsbooks in Arizona reported a 106% increase in revenue for November, posting US$84.1 million for the month.
Handle also rose significantly, the US$898 million tally ...
DraftKings, analysts share confidence
27 February 2025 at 5:43am UTC-5
Alan Ellingson, Chief Financial Officer of DraftKings, and his investor-relations team were the guests of Jefferies Equity Research on February 25. Their discussion covered a wide ...
Rush Street Interactive posts revenue surge and modest profit
27 February 2025 at 5:38am UTC-5
Revenue for online casino and sports betting company Rush Street Interactive surged 31% in the fourth quarter of 2024.
In addition to the US$254.2 million of revenue, the ...
Light & Wonder exits live gaming
27 February 2025 at 5:05am UTC-5
Pursuant to what it described as a strategic review, Light & Wonder announced a drastic change during its February 2025 earnings call. Henceforth, the company will ...
Flutter braces for New Jersey tax impact
26 February 2025 at 8:14am UTC-5
Jefferies Equity Research analyst James Wheatcroft has predicted Flutter could take a significant hit from New Jersey’s proposed increase in igaming and sports betting tax ...
Light & Wonder reports record-breaking US$3.2 billion full-year revenue
26 February 2025 at 7:57am UTC-5
Light & Wonder has reported it generated US$3.2 billion in full-year consolidated revenue, a 10% annual rise, and a new record for the company.
Gaming revenue was up 12 ...
Continent 8 launches in Missouri
26 February 2025 at 7:17am UTC-5
Online gaming compliance and cybersecurity provider Continent 8 is set to launch a data center and managed professional services for online sportsbooks in Missouri.
Continent 8 ...
IGT announces US$651 million revenue for Q4
26 February 2025 at 6:54am UTC-5
Gaming supplier IGT has announced revenue of US$651 million for the fourth quarter of 2024 and US$2.5 billion for the full financial year.
According to a report published by ...
SharpLink invests in CryptoCasino
25 February 2025 at 8:25am UTC-5
US sportsbook and igaming marketing firm SharpLink Gaming has invested 10% equity in Armchair Enterprises, the UK parent of CryptoCasino.com.
The US$500,000 investment also ...
Michigan Gaming Control Board sends cease-and-desist to BetNow
25 February 2025 at 8:15am UTC-5
The Michigan Gaming Control Board has ordered online operator BetNow to cease operations in the state.
BetNow offers various gaming options, including sports betting, casino ...
