iGaming

Class-Action Lawsuit Targets DraftKings Promotional Offer 
Class-Action Lawsuit Targets DraftKings Promotional Offer 
December 08, 2023  |  Legal

Sports betting operator DraftKings is reportedly facing a class-action lawsuit filed in the Massachusetts Superior Court.  The lawsuit alleges that the company designed an “unfair and deceptive”...

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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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MGM Resorts Expects Continued Growth and Expansion of Online Gaming 
MGM Resorts Expects Continued Growth and Expansion of Online Gaming 
November 08, 2023  |  Earnings

MGM Resorts International achieved its first quarter of profitability on its investment in the online gaming joint venture, BetMGM.  The company’s 50% share of operating income in...

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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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Caesars Entertainment Reports Growth and Profitability in Digital Segment
Caesars Entertainment Reports Growth and Profitability in Digital Segment
October 31, 2023  |  Earnings

Caesars Entertainment highlighted the growth and profitability of its digital segment Tuesday (Oct. 31) during its third-quarter earnings call.  The digital segment generated $2 million...

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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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PayNearMe and NCR Atleos Partner to Expand iGaming Cash Withdrawals
PayNearMe and NCR Atleos Partner to Expand iGaming Cash Withdrawals
October 23, 2023  |  Partnerships

PayNearMe, a payments company specializing in iGaming and sports betting, has partnered with self-service banking experience provider NCR Atleos to boost cardless cash access for iGaming...

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Wynn Resorts to Shut Down Gambling Platform in 8 States
Wynn Resorts to Shut Down Gambling Platform in 8 States
August 11, 2023  |  Connected Economy

Wynn Resorts is reducing the jurisdictions in which its online sports betting and iGaming platform is available. The platform, WynnBET, will be shut down “as soon as...

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