PointsBet

DraftKings Hits 52-Week High Based on Projected Profitability
DraftKings Hits 52-Week High Based on Projected Profitability
July 10, 2023  |  Connected Economy

Shares of DraftKings soared to a 52-week high Monday (July 10). The Boston-based firm’s projected profitability on an adjusted EBITDA basis took the stock up...

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DraftKings Tries to Outbid Rival Fanatics in PointsBet Deal
DraftKings Tries to Outbid Rival Fanatics in PointsBet Deal
June 16, 2023  |  Acquisitions

Online sportsbook company DraftKings has made a last-minute bid to buy the U.S. business of betting firm PointsBet. The $195 million offer from the company...

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Sportsbooks Swelling to $200 Billion by 2025 Represent a New Game for Fraudsters
Sportsbooks Swelling to $200 Billion by 2025 Represent a New Game for Fraudsters
March 30, 2023  |  Security & Fraud

With online sportsbooks coming off a record Super Bowl in February and more states legalizing the practice at what seems like a monthly cadence, concerns...

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Trustly Powers Real-Time Bank Account Payouts for Sportsbook Player Winnings
Trustly Powers Real-Time Bank Account Payouts for Sportsbook Player Winnings
February 07, 2023  |  Real-Time Payments

The Super Bowl is synonymous with a surge in online sports betting. Last year, Americans wagered around $7.6 billion overall on the event, according to the...

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