Economy/Finance

Rush Street Interactive Maintains No-Surcharge Policy, Prioritizes Customer Satisfaction

Rush Street Interactive, Inc. (RSI), a prominent player in the online betting and casino industry in the U.S., Canada, and Latin America, continues to stand firm in its decision not to implement a?customer surc...

DuelNow Secures $11 Million Funding to Transform Sports Betting with Blockchain

DuelNow, a burgeoning force in the decentralized sports betting arena, proudly announced a significant financial milestone with a?$10 million investment?from?GEM Digital Limited?and an additional?$1 million?fro...

DraftKings Implements Surcharge in Response to High State Taxes

In a bold move reflective of the changing fiscal landscape in the United States, DraftKings Inc. has announced plans to implement a surcharge for customers in states with high gambling taxes. This decision come...

US Senators Introduce WAGER Act to Eliminate Sports Betting Excise Taxes

U.S. Senators Catherine Cortez Masto (D-Nev.) and Cindy Hyde-Smith (R-Miss.) have recently introduced the Withdrawing Arduous Gaming Excise Rates (WAGER) Act, a pivotal piece of bipartisan legislation designed ...

Massachusetts to Initiate Online Lottery Targeting 2025 Launch

Following prolonged discussions and minimal progress, the Massachusetts Lottery is set to?embrace the digital era. Governor Maura Healey's recent approval of the?nearly $58 billion?state budget includes provisi...

Maine Sports Gambling Sees Impressive Start with $319M in Bets and $3.2M Tax Revenue

Since its inception eight months ago, Maine's newly legalized sports gambling market has quickly gained traction, although it's still too soon to declare its long-term success guaranteed. The ongoing?Olympic Ga...

BetMGM Anticipates $250M Core Loss in 2024 Amid Aggressive Marketing Push

BetMGM, a joint venture between MGM Resorts and Entain, has recently announced that its financial losses for the year are expected to?surpass earlier projections. This news comes as the company aggressively ram...

U.S. iGaming Market Projects $7.3B Revenue in 2024, Led by FanDuel, DraftKings, BetMGM

Eilers & Krejcik Gaming (EKG), supported by data from Fantini Research, has released a new report detailing the performance of online sports betting and gambling operators in the United States for the first...