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Tag: US sports betting

Should You Now Invest in DraftKings? Share Price Analysis

Note: These are just the author’s thoughts, not official investing advice. Ups and downs DraftKings is one of the biggest sportsbook operators in the US market...

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Betr Expands Into Traditional Sports Betting, Offers 0% Margins on March Madness

Betr offers zero vig Betr, the US-based startup co-founded by Jake Paul, has announced that it will offer 0% margins on all pre-match opportunities for...

Fanatics in Discussions to Acquire BetParx Sportsbook

Rumors abound Prominent sports merchandise company Fanatics is reportedly in discussions to take over the BetParx sportsbook. CNBC reported the rumors on Friday, explaining that...

Ohio Surges to Top of Legal US Sports Betting Markets After Debut Weekend

Bet-hungry state Like a dam bursting its banks, the long-awaited arrival of legal sports betting in Ohio over the weekend revealed the state’s bet-hungriness as...

US Sports Betting: Major States on the Precipice of Legalization as 2023 Brings New Hope

A new dawn As the chiming of the clock signals a new year, it brings with it fresh hope for sports betting backers in the...

888 to Exit Sports Betting-Only US States in Order to Slash £1.6bn Debt

888 commits to a strategic retreat While not quite biting the dust like MaximBet and FuboTV’s sports betting arm did recently, the brutal battle for...

USA v England FIFA World Cup Match Tipped to Make Betting History

Making history In a tournament that’s seen the rise of soccer underdogs from the African, Arabian, and Asian continents, could the US Men’s National Soccer...

Sportradar Still in Russia, CEO Carsten Koerl Owns Stake in Russian Sportsbook

Swiss-based Sportradar AG is a global corporation that provides sportsbooks and media companies with trusted data and statistical streams of live sporting events around the world. But unlike many other global corporations, Sportradar has not yet suspended doing business in Russia since the country invaded Ukraine last month. Sports Handle, an online media outlet focused […]

The post Sportradar Still in Russia, CEO Carsten Koerl Owns Stake in Russian Sportsbook appeared first on Casino.org.

Four US Sportsbooks Pull Russian Events Off Their Boards Due to Invasion in Ukraine

Four of the largest US sportsbooks on Thursday announced they would stop taking action on Russian sporting events in the wake of that nation’s invasion of Ukraine. DraftKings issued a statement early Thursday afternoon, and spokespeople with Caesars Sportsbook, FanDuel, and PointsBet confirmed to Casino.org they also pulled the markets on Thursday. The sportsbooks also […]

The post Four US Sportsbooks Pull Russian Events Off Their Boards Due to Invasion in Ukraine appeared first on Casino.org.

Esports Entertainment Endures Miserable Week, Analyst Highlights Liquidity Issues

Esports Entertainment Group (NASDAQ:GMBL) shed nearly two-thirds of its value this week. That’s after the company missed fourth-quarter estimates and cut 2022 guidance, prompting an analyst to question the firm’s liquidity position. Earlier this week, the Malta-based gaming and sports betting company said its fourth-quarter sales missed Wall Street forecasts by 22%, and it slashed […]

The post Esports Entertainment Endures Miserable Week, Analyst Highlights Liquidity Issues appeared first on Casino.org.

DraftKings CEO Talks New York Sports Betting Tax, Lawmaker Says It Could Be Cut

DraftKings Co-Founder and CEO Jason Robins said the gaming operator and tech company is taking “a wait-and-see” approach on reports that New York state may consider changing the tax rate on mobile sports betting revenue. The comments came during the company’s Friday morning conference call with stock analysts to go over financial figures from the […]

The post DraftKings CEO Talks New York Sports Betting Tax, Lawmaker Says It Could Be Cut appeared first on Casino.org.

US Gaming Smashes Records in 2021 as Betting Revenue Almost Triples

The US commercial gaming industry emerged from 2021 in dynamic form, generating $53bn in revenue, its highest-grossing year of all time.

The post US Gaming Smashes Records in 2021 as Betting Revenue Almost Triples appeared first on VegasSlotsOnline News.

Mississippi Won’t Get Mobile Betting in 2022 as Four Bills Fall Flat

In Mississippi, hopes for a mobile betting market have fallen flat after the failure of four bills this week.

The post Mississippi Won’t Get Mobile Betting in 2022 as Four Bills Fall Flat appeared first on VegasSlotsOnline News.

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