Sports betting

Sportradar Boosts 2024 Outlook After Strong Q2 Performance

Sportradar has announced a notable increase in its financial performance for the second quarter of 2024. The company experienced a?29% year-over-year growth?in revenue, reaching?€411.6 million, and a 22% increa...

EveryMatrix Debuts in Ontario with DraftKings Amid Record Growth

EveryMatrix, a leading iGaming technology supplier, has successfully launched its casino content in Ontario, Canada, with DraftKings, one of North America's premier operators. This marks another significant ste...

D.C. Attorney General Investigates Intralot Over Sports Betting Mismanagement

D.C. Attorney General Brian Schwalb is intensifying scrutiny on Intralot, the Greek company behind Washington, D.C.'s sports betting operations, by demanding key documents as part of a broader investigation int...

Endeavor Prepares to Sell OpenBet and IMG Arena in Strategic Shift

Endeavor is positioning itself for a significant transformation through the divestiture of its sports betting units, OpenBet and IMG Arena, as it progresses towards finalizing its privatization deal with Silver...

PENN Entertainment Expands ESPN Bet Integration and Rebrands Retail Sportsbooks

PENN Entertainment is making significant strides in expanding its sports betting offerings by seamlessly integrating ESPN Bet into popular media apps like ESPN and theScore, as well as rebranding several of its...

Denmark’s Gambling Revenue Soars in June 2024, Boosted by Euro 2024

In June 2024, Denmark experienced a remarkable?37.0% increase?in gambling revenue, reaching?DKK703m?(￡81.1m/€94.2m/$103.0m). This substantial growth is attributed to a significant rise in sports betting activit...

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...

California Bookmaker Pleads Guilty in High-Profile Illegal Gambling Case

A Southern California bookmaker, Mathew Bowyer, has agreed to plead guilty to charges related to operating an illegal gambling business that included clients such as Shohei Ohtani’s former interpreter, Ippei Mi...

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...

Bally Bet Mobile Sportsbook Debuts in Maryland, Expanding US Footprint

In a strategic expansion move, Bally Bet has launched its mobile sportsbook in Maryland, marking another significant step in the company's growing presence in the United States. This launch on Monday, July 29, ...

UK’s Betting and Gaming Council Unveils New Codes of Conduct for Sports Sponsorship

The Betting and Gaming Council (BGC) has recently heralded the introduction of new?Codes of Conduct for Gambling Related Agreements across prominent sports organizations, marking a significant advancement in th...

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 ...