Sports betting

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

Source: en.wikipedia.org

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,...

READ MORE >
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...

READ MORE >
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”...

READ MORE >
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...

READ MORE >
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...

READ MORE >
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....

READ MORE >
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...

READ MORE >
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...

READ MORE >
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...

READ MORE >