Sports betting

Sports betting is the activity of predicting sports results and placing a wager on the outcome.

(source: en.wikipedia.org)

DraftKings Looks to Hit Jackpot With Lottery Acquisition, Digital Innovation
DraftKings Looks to Hit Jackpot With Lottery Acquisition, Digital Innovation
February 16, 2024  |  Earnings

For many sports betting companies, the Super Bowl is, well, their Super Bowl. But daily fantasy sports contest and sports betting company DraftKings is more...

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MGM Resorts Expands BetMGM Gaming Brand to 29 Markets, Boosts Digital Wallet
MGM Resorts Expands BetMGM Gaming Brand to 29 Markets, Boosts Digital Wallet
February 13, 2024  |  Earnings

MGM Resorts International, Las Vegas’ largest casino operator, reported record full-year and Q4 net revenue for its operations in the city on Tuesday (Feb. 13),...

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BetMGM to Integrate Sports Betting Content Into X
BetMGM to Integrate Sports Betting Content Into X
February 09, 2024  |  Partnerships

Sports betting and iGaming operator BetMGM has become the exclusive Live Odds Sport Betting partner of social media platform X, formerly Twitter. With this partnership, BetMGM’s odds and...

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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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Instant Payouts Offer a Win-Win for Players and Online Betting Sites
Instant Payouts Offer a Win-Win for Players and Online Betting Sites
January 17, 2024  |  Digital Payments

Online gambling has skyrocketed in popularity in the past several years, largely due to the pandemic shutting down physical casinos. The move sent gamers online,...

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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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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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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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