Tag: DraftKings
NBA expresses concerns over sports prediction integrity to CFTC
5 May 2025 at 7:05am UTC-4
The NBA has sent a letter to the Acting Chairman of the Commodity Futures Trading Commission Carolina Pham highlighting its concerns that sports prediction markets threaten the ...
Genius Sports launches BetVision for Soccer
5 May 2025 at 5:54am UTC-4
Technology provider Genius Sports has launched its in-game wagering product for global soccer, BetVision for Soccer.
The product, in partnership with sports marketing company ...
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 ...
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 igaming up 9.3% month-on-month in March
22 April 2025 at 5:48am UTC-4
Online gaming in Michigan totaled US$293.5 million in gross receipts, up 9.3% from February's US$268.5 million.
The Michigan Gaming Control Board regulates igaming operators in ...
New Jersey igaming revenue leaps by 27.3% in March
17 April 2025 at 6:49am UTC-4
New Jersey online operators saw a 27.3% increase year-on-year in igaming revenue in March.
Authorized games generated US$241.3 million (up 23.9% on March 2024) and peer-to-peer ...
North Carolina proposes doubling online sports betting tax
15 April 2025 at 6:58am UTC-4
North Carolina Senate Republicans have unveiled a budget proposal to double the tax rate on sports betting operators, which would see it jump from 18% to 36%, according to WRAL ...
Indiana online sports betting handle up more than 11% YoY in March
15 April 2025 at 6:08am UTC-4
Indiana has reported US$539.9 million in online sports betting handle for March 2025, an increase of 11.2% on the US$485.4 million generated in March 2024.
It was also an ...
New York sportsbooks record online handle of US$2.4 billion in March
14 April 2025 at 6:26am UTC-4
Online sports wagering handle reached US$2.4 billion in New York in March, up from US$1.9 billion in February.
Despite the increased handle, gross gaming revenue was down in ...
Deutsche Bank analyst skeptical of DraftKings’ projections
12 April 2025 at 2:12pm UTC-4
Deutsche Bank analyst Carlo Santarelli has been a longtime skeptic of DraftKings’ business model and he continued to be so in an April 11 investor note. Allowing that ...
