Sports betting

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

(source: en.wikipedia.org)

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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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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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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Can Prize-Linked Savings Accounts Help Consumers Play Their Way to Prosperity?
Can Prize-Linked Savings Accounts Help Consumers Play Their Way to Prosperity?
September 13, 2023  |  Consumer Finance

In light of today’s challenging macro environment, Americans’ savings accounts may need some saving themselves. Inflation is top of mind for increasingly embattled consumers, with...

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DraftKings: Average Monthly Unique Players Surge 44% to 2.1 Million
DraftKings: Average Monthly Unique Players Surge 44% to 2.1 Million
August 04, 2023  |  Earnings

DraftKings posted second-quarter earnings results that showed increased presence within the online betting space, a boost in average users and gains in revenues per user....

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Fanatics Aims for ‘Comic Con for Sports’ With Live Events Business
Fanatics Aims for ‘Comic Con for Sports’ With Live Events Business
July 13, 2023  |  Connected Economy

Fanatics is adding live events to its business as it prepares to go public. The company’s Fanatics Event offering, announced Thursday (July 13), aims to...

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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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