gambling

FanDuel Owner Takes on DraftKings on NYSE
FanDuel Owner Takes on DraftKings on NYSE
January 29, 2024  |  Stock Index

FanDuel parent company Flutter is now trading on the New York Stock Exchange. The Ireland-based company announced in a Monday (Jan. 29) press release that...

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Nearly 1 in 5 Players Would Delete a Betting App if Preferred Payment Type Were Lacking
Nearly 1 in 5 Players Would Delete a Betting App if Preferred Payment Type Were...
January 18, 2024  |  Faster Payments

The online gambling industry has witnessed remarkable growth in recent years, fueled in part by the pandemic-induced closure of physical casinos. As a result, more...

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DraftKings to Launch Online Sportsbook in 26th State: Vermont
DraftKings to Launch Online Sportsbook in 26th State: Vermont
January 10, 2024  |  Connected Economy

DraftKings will launch its online sportsbook in Vermont on Thursday (Jan. 11), bringing to 26 the number of states in which it operates. The DraftKings...

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Wisconsin Teen Pleads Guilty to Conspiracy in Betting Website Hack
Wisconsin Teen Pleads Guilty to Conspiracy in Betting Website Hack
November 15, 2023  |  Security & Fraud

A 19-year-old man from Madison, Wisconsin, has pleaded guilty to conspiracy to commit computer intrusion.  Joseph Garrison, along with his co-conspirators, orchestrated a scheme to...

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DraftKings Expects Online Gaming to Reach $30 Billion by 2028 
DraftKings Expects Online Gaming to Reach $30 Billion by 2028 
November 14, 2023  |  Earnings

Online sports betting and iGaming in the United States will be a $30 billion total addressable market (TAM) in 2028, up from $20 billion this...

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Flutter Attributes Soft Earnings to Customer Wins and Currency Headwinds
Flutter Attributes Soft Earnings to Customer Wins and Currency Headwinds
November 10, 2023  |  Earnings

Flutter, the parent company of online betting platform FanDuel, reportedly saw a setback in its stock value Thursday (Nov. 9) after revealing disappointing third-quarter earnings....

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DraftKings’ Customer-Centric Strategy Avoids Mention of Any Specific Digital Innovations 
DraftKings’ Customer-Centric Strategy Avoids Mention of Any Specific Digital Innovations 
November 03, 2023  |  Earnings

It’s football season, and that is good news for sports betting company DraftKings. The gaming platform’s third quarter 2023 earnings results saw a 57% increase...

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Digital Payments Make Gains in Gaming But Cash Remains King
Digital Payments Make Gains in Gaming But Cash Remains King
October 27, 2023  |  Disbursements

As gaming enthusiasts seek the thrill of quick access to their rewards, a recent survey conducted by PYMNTS Intelligence sheds light on this evolving landscape....

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Only Half of Gamers Have Access to the Instant Payouts That 8 in 10 Prefer
Only Half of Gamers Have Access to the Instant Payouts That 8 in 10 Prefer
October 23, 2023  |  Money Mobility

Out on the casino floor, moves occur in real time. Chips can be turned in for cash in hand immediately after winning them, and players...

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